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MCF ELEC

Bankruptcy
Private limited company (pre-2019)founded 2018KBO/BCE: BE 0716.802.185
Summary

The KBO register records for MCF ELEC the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €8,527 and a net result of €2,308.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 12-07-2021, 19 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
19 d early
2019
49 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 21 December 2018, MCF ELEC was incorporated.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Turnover
€135,333▲ 18.4%
2019 · €114,342
EBIT margin
2.0%▲ 1.7pp
2019 · 0.4%
Net result
€2,308▲ 11,945%
2019 · €19
Working capital
€4,532▲ 300%
2019 · €1,134
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Turnover€114,342-€135,333▲ 18.4%
Operating result€442-€2,763▲ 525%
Net result€19-€2,308within the sector's middle half▲ 11,945%
EBIT margin0.4%-2.0%▲ 1.7pp
Equity€6,219-€8,527below the sector's middle half▲ 37.1%
Total assets€12,954-€15,290below the sector's middle half▲ 18.0%
Debt€6,735-€6,763▲ 0.4%
Working capital€1,134-€4,532▲ 300%
Solvency48.0%-55.8%within the sector's middle half▲ 7.8pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2019: €442€442Net result 2019: €19€19Operating result 2020: €2,763€2,763Net result 2020: €2,308€2,30820192020€0€1,000€2,000€3,000Operating result 2019: €442€442Net result 2019: €19€19Operating result 2020: €2,763€2,760Net result 2020: €2,308€2,31020192020
The operating result rises in 2020; 2020 is 525% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €15,290
Fixed assets €3,995 ▼ 21.4%
Current assets €11,295 ▲ 43.5%
Equity and liabilities €15,290
Equity €8,527 ▲ 37.1%
Debt €6,763 ▲ 0.4%
Debt's share of the balance-sheet total falls from 52.0% to 44.2%. Equity and debt are higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€5,253▲
2019 · €4,171
Cash flow
€4,798▲
2019 · €3,748
Current ratio
1.67▲
2019 · 1.17
ROE
27.1%▲
2019 · 0.3%
ROA
15.1%▲
2019 · 0.1%
Debt ≤ 1 year
€6,763▲
2019 · €6,735
Income taxes
€278▼
2019 · €348
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 25 lines
Balance sheet Code20192020
Assets
Total assets20/58€12,954€15,290▲
Formation expenses20€0€0=
Fixed assets21/28€5,085€3,995▼
Tangible fixed assets22/27€5,085€3,995▼
Current assets29/58€7,869€11,295▲
Amounts receivable within one year40/41€6,329€9,060▲
Cash at bank and in hand54/58€1,153€106▼
Equity and liabilities
Total equity and liabilities10/49€12,954€15,290▲
Equity10/15€6,219€8,527▲
Contributions10/11€6,200-
Reserves13€19€19=
Profit (loss) carried forward14-€2,308
Amounts payable17/49€6,735€6,763▲
Amounts payable within one year42/48€6,735€6,763▲
Trade debts44€4,922€1,748▼
Income statement Code20192020
Turnover70€114,342€135,333▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,729€2,490▼
Gross operating margin9900€6,766€6,960▲
Operating profit (loss)9901€442€2,763▲
Recurring financial income75€1€78▲
Recurring financial charges65€76€255▲
Profit (loss) for the period before taxes9903€367€2,586▲
Income taxes67/77€348€278▼
Profit (loss) for the period9904€19€2,308▲
Profit (loss) for the period to be appropriated9905€19€2,308▲
Line20192020Change
Turnover70€114,342€135,333▲ 18.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,729€2,490▼ 33.2%
Gross operating margin9900€6,766€6,960▲ 2.9%
Operating profit (loss)9901€442€2,763▲ 525%
Recurring financial income75€1€78▲ 8,440%
Recurring financial charges65€76€255▲ 237%
Profit (loss) for the period before taxes9903€367€2,586▲ 604%
Income taxes67/77€348€278▼ 20.1%
Profit (loss) for the period9904€19€2,308▲ 11,945%
Profit (loss) for the period to be appropriated9905€19€2,308▲ 11,945%
Line20192020Change
Assets
Total assets20/58€12,954€15,290▲ 18.0%
Formation expenses20€0€0-
Fixed assets21/28€5,085€3,995▼ 21.4%
Tangible fixed assets22/27€5,085€3,995▼ 21.4%
Current assets29/58€7,869€11,295▲ 43.5%
Amounts receivable within one year40/41€6,329€9,060▲ 43.1%
Cash at bank and in hand54/58€1,153€106▼ 90.8%
Equity and liabilities
Total equity and liabilities10/49€12,954€15,290▲ 18.0%
Equity10/15€6,219€8,527▲ 37.1%
Contributions10/11€6,200--
Reserves13€19€19=
Profit (loss) carried forward14-€2,308-
Amounts payable17/49€6,735€6,763▲ 0.4%
Amounts payable within one year42/48€6,735€6,763▲ 0.4%
Trade debts44€4,922€1,748▼ 64.5%
Line20192020Change
Profit (loss) for the period9904€19€2,308▲ 11,945%
+ Depreciation and write-downs630€3,729€2,490▼ 33.2%
Operating cash flow (approximation)€3,748€4,798▲ 28.0%
Investment in fixed assets (approximation)--€1,400-
Change in cash--€1,048-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
31-10
KBO administration Address struck
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
18-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jemeppe-sur-Sambre
exact location from the address register On OpenStreetMap
Ground area
442 m²
Building footprint
84 m²
Volume, LiDAR
557 m³
Parcel 92068C0226/00B000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92068C0226/00B000 Wallonia 442 m² 1 · 84 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,123 companies in sector 43212 we hold annual accounts for 420. 228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
47552Retail sale of lighting equipment
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.