MCMod
ActiveSummary
The computed 12-month bankruptcy probability of MCMod is 2.1% (moderate). The 2025 annual accounts show equity of €18,979 and a net result of -€1,607. Equity is growing by ~60.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1040 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-83
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 35.4 against 4.62 in 2024; short-term debt: 2.8% and cash: 1.7% of total assets), and 2.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.2%
Return on assets
-8.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
38 d late
2024
24 d late
2023
31 d late
2022
30 d late
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€18,979▼ 7.8%
2024 · €20,586
Total assets
€19,531▼ 25.7%
2024 · €26,278
Net result
-€1,607
2024 · €14,781
Working capital
€18,979▼ 7.8%
2024 · €20,586
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€5,417--€4,131▲ 23.7%-€810▲ 80.4%€14,973-€1,467
Net result-€5,493--€4,220▲ 23.2%-€906▲ 78.5%€14,781-€1,607
Equity-€12,070-€6,711€5,805▼ 13.5%€20,586▲ 255%€18,979▼ 7.8%
Total assets€11,439-€7,794▼ 31.9%€6,292▼ 19.3%€26,278▲ 318%€19,531▼ 25.7%
Debt€23,508-€1,083▼ 95.4%€487▼ 55.1%€5,691▲ 1,070%€552▼ 90.3%
Working capital-€22,651--€314▲ 98.6%€2,337€20,586▲ 781%€18,979▼ 7.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1,467 after €14,973 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €19,531
Equity
€18,979 ▼ 7.8%
Debt
€552 ▼ 90.3%
Debt's share of the balance-sheet total falls from 21.7% to 2.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
35.40▲
2024 · 4.62
Debt to equity
0.03▼
2024 · 0.28
ROE
-8.5%▼
2024 · 71.8%
ROA
-8.2%▼
2024 · 56.2%
Debt ≤ 1 year
€552▼
2024 · €5,691
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,440 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.4%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,440 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €1,860 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,557 | €3,557 | €3,557 | €3,468 | - | - |
| Other operating charges640/8 | - | - | €114 | €103 | €237 | ▲ 131% |
| Non-recurring operating charges66A | - | - | €300 | - | - | - |
| Gross operating margin9900 | -€1,860 | -€575 | €3,160 | €18,544 | -€1,230 | ▼ 107% |
| Operating profit (loss)9901 | -€5,417 | -€4,131 | -€810 | €14,973 | -€1,467 | ▼ 110% |
| Financial charges65/66B | €76 | €88 | €96 | €192 | €140 | ▼ 27.1% |
| Recurring financial charges65 | €76 | €88 | €96 | €192 | €140 | ▼ 27.1% |
| Profit (loss) for the period before taxes9903 | -€5,493 | -€4,220 | -€906 | €14,781 | -€1,607 | ▼ 111% |
| Profit (loss) for the period9904 | -€5,493 | -€4,220 | -€906 | €14,781 | -€1,607 | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | -€5,493 | -€4,220 | -€906 | €14,781 | -€1,607 | ▼ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11,439 | €7,794 | €6,292 | €26,278 | €19,531 | ▼ 25.7% |
| Fixed assets21/28 | €10,581 | €7,025 | €3,468 | €0 | €0 | - |
| Intangible fixed assets21 | €6,879 | €4,579 | €2,279 | €0 | €0 | - |
| Tangible fixed assets22/27 | €3,702 | €2,446 | €1,189 | €0 | €0 | - |
| Plant, machinery and equipment23 | €2,393 | €1,593 | €793 | €0 | €0 | - |
| Furniture and vehicles24 | €1,310 | €853 | €396 | €0 | €0 | - |
| Current assets29/58 | €857 | €769 | €2,824 | €26,278 | €19,531 | ▼ 25.7% |
| Amounts receivable within one year40/41 | €284 | €284 | €1,839 | €25,894 | €19,193 | ▼ 25.9% |
| Trade receivables40 | - | - | €1,839 | €25,894 | €19,055 | ▼ 26.4% |
| Other amounts receivable41 | €284 | €284 | €0 | €0 | €138 | - |
| Cash at bank and in hand54/58 | €573 | €485 | €984 | €384 | €338 | ▼ 11.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11,439 | €7,794 | €6,292 | €26,278 | €19,531 | ▼ 25.7% |
| Equity10/15 | -€12,070 | €6,711 | €5,805 | €20,586 | €18,979 | ▼ 7.8% |
| Contributions10/11 | €1,500 | €24,500 | €24,500 | €24,500 | €24,500 | = |
| Capital10 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Issued capital100 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Outside capital11 | - | €23,000 | €23,000 | €23,000 | €23,000 | = |
| Share premium1100/10 | - | - | €23,000 | €23,000 | €23,000 | = |
| Other1109/19 | - | €23,000 | - | - | - | - |
| Profit (loss) carried forward14 | -€13,570 | -€17,789 | -€18,695 | -€3,914 | -€5,521 | ▼ 41.1% |
| Amounts payable17/49 | €23,508 | €1,083 | €487 | €5,691 | €552 | ▼ 90.3% |
| Amounts payable within one year42/48 | €23,508 | €1,083 | €487 | €5,691 | €552 | ▼ 90.3% |
| Trade debts44 | €508 | €1,083 | €387 | €1,409 | €452 | ▼ 68.0% |
| Suppliers440/4 | €508 | €1,083 | €387 | €1,409 | €452 | ▼ 68.0% |
| Taxes, remuneration and social security45 | €0 | €0 | €0 | €4,182 | €0 | ▼ 100% |
| Taxes450/3 | €0 | €0 | €0 | €4,182 | €0 | ▼ 100% |
| Other amounts payable47/48 | €23,000 | €0 | €100 | €100 | €100 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,493 | -€4,220 | -€906 | €14,781 | -€1,607 | ▼ 111% |
| + Depreciation and write-downs630 | €3,557 | €3,557 | €3,557 | €3,468 | - | - |
| Operating cash flow (approximation) | -€1,936 | -€663 | €2,651 | €18,249 | -€1,607 | ▼ 109% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€88 | €500 | -€601 | -€46 | ▲ 92.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 38 days late
2025
31-12
Financial
Liquidity times 8current ratio 35.40
Current ratio from 4.62 to 35.40; short-term debt falls from €5,691 to €552.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial
Back to profitnet €14,781
Net result €14,781 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Liquidity times 8current ratio 5.80
Current ratio from 0.71 to 5.80; short-term debt falls from €1,083 to €487.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
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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, Verviers · 1 establishment unit since 2019
Ground area
1,496 m²
Building footprint
332 m²
Volume, LiDAR
1,631 m³
Parcel 63576D0018/00Z004, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MCMod MATERIAUX COMPOSITES MODELISME
since 20192.290.936.003
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63576D0018/00Z004 | Wallonia | 1,496 m² | 1 · 332 m² | 8.5 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.
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 721 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
Founded04-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
47400Retail sale of information and communication equipment
47640Retail sale of games and toys
47789Other retail sale of new goods
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
74112Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0729811865
Also
9925:BE0729811865
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.