MCMG
InactiveInactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 20-07-2022, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
11 d early
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-193k▼ 26.5%
2020 · €-153k
2018: €172k
2019: €117k
2020: €-153k
2018 → 2021
Total assets
€66k▼ 84.9%
2020 · €438k
2018: €1.20M
2019: €1.10M
2020: €438k
2018 → 2021
Net result
€-40k▲ 85.0%
2020 · €-269k
2018: €-85k
2019: €-56k
2020: €-269k
2018 → 2021
Working capital
€-193k▼ 119%
2020 · €-88k
2018: €-558k
2019: €-515k
2020: €-88k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€172k-€117k▼ 32.2%€-153k€-193k▼ 26.5%
Operating result€-74k-€-47k▲ 36.6%€-261k▼ 455%€-14k▲ 94.4%
Net result€-85k-€-56k▲ 34.8%€-269k▼ 385%€-40k▲ 85.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2021 against €261k in 2020; the loss shrinks.
Key figures and ratios
Solvency
-291.8%▼
2020 · -34.8%
Current ratio
0.26▼
2020 · 0.83
Debt to equity
-1.34▼
2020 · -0.42
ROA
-61.1%▲
2020 · -61.5%
Debt
€259k▼
2020 · €591k
Debt ≤ 1 year
€259k▼
2020 · €526k
Debt > 1 year
€0▼
2020 · €65k
Income taxes
€3k▲
2020 · €428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 35 lines
Balance sheet
Code20202021
Assets
Total assets20/58€438k€66k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Current assets29/58€438k€66k▼
Amounts receivable within one year40/41€13k€1k▼
Trade receivables40-€823
Other amounts receivable41-€556
Cash at bank and in hand54/58€425k€65k▼
Equity and liabilities
Total equity and liabilities10/49€438k€66k▼
Equity10/15€-153k€-193k▼
Contributions10/11-€475k
Profit (loss) carried forward14€-628k€-668k▼
Amounts payable17/49€591k€259k▼
Amounts payable after more than one year17€65k€0▼
Financial debts170/4-€0
Amounts payable within one year42/48€526k€259k▼
Trade debts44€3k€823▼
Suppliers440/4-€823
Taxes, remuneration and social security45-€0
Taxes450/3-€0
Other amounts payable47/48-€258k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8-€1k
Non-recurring operating charges66A-€0
Gross operating margin9900€-49k€-13k▲
Operating profit (loss)9901€-261k€-14k▲
Recurring financial income75€0-
Financial charges65/66B-€23k
Recurring financial charges65€8k€23k▲
Profit (loss) for the period before taxes9903€-269k€-37k▲
Income taxes67/77€428€3k▲
Profit (loss) for the period9904€-269k€-40k▲
Profit (loss) for the period to be appropriated9905€-269k€-40k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-668k
Profit (loss) brought forward from the previous period14P-€-628k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-269k
Net result drops to €-269k, the lowest in the series.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-09
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
23-06
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2015
14-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
18-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.