Debts
€3.3m 74% of the balance sheet
Financial debts 69%Taxes and wages 0%Other 31%
€1.6m of the debts are secured on the company's own assets. In 2024 that was €1.7m.
MCO
Lifetime
7 annual accounts with figures on one time axispeak €214,924 (2025)
€214,924▲ 17.6%
lowest -€59,563 (2020)
€54,530▲ 82.9%
peak €1.2m (2025)
€1.2m▲ 4.8%
€3.3m▼ 3.5%
Board2 names since 2018
2 directors and 1 other
Owners2 names in the annual accounts
50% and 1 other
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from €182,792 to €214,924Result from €29,816 to €54,530Cash from €32,719 to €105,626
Key points
from the 2025 annual accountsInvestments
€3,321 0.0 × depreciation
Green is investment, beige is depreciation.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 5 to 56 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,371 companies had the same profile as MCO has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,371 companies, not a prediction for MCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Chair
Daily manager
- 50%annual accounts 2025
- 50%annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0700790257
1 director appointed, 1 resignation, 2 reappointments
Change of role: , from director to chair of the board · Resignation: · Reappointments: (director) and (director) · General meeting of 28-04-2023 · Gazette deed
Capital increase of €275,000 to €694,562.47
Capital from €419,562.47 to €694,562.47, 236 new shares · Contributions: (€275,000, 236 shares); (€275,000, 236 shares) · General meeting of 31-07-2018 · Gazette deed
Incorporation
Demerger: splits off to MCO · Capital of €419,562.47, 700 shares · Appointments: (chair of the board) and (managing director) · published on 22-08-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MCO Olen | €4.5m | €214,924 | 26.5% | - |
| One+ city Pelt | €4.5m | €223,495 | 0.9% | 0 |
| FRAVASCO IMMO Diepenbeek | €3.9m | €230,310 | 12.7% | - |
| IMMO BELKIN Brussels | €5.1m | €257,605 | -10.1% | - |
| CONFELIM Ardooie | €5.2m | €248,207 | 1.7% | - |
| HIERRO Ceramics Import Dilsen-Stokkem | €4.4m | €264,154 | -0.5% | - |
| PANO REAL ESTATE Nieuwpoort | €5.0m | €247,178 | 6.8% | 0 |
These companies have the same main activity as MCO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.9m and €5.2m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 31-07-2018Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Establishment unit
- 2.279.466.4452250 Olen, since 31-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- ≈ €290,000estimated
- €4.5m▼ 1.4%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on MCO
MCO files the abbreviated format. That format states no turnover. The gross margin rose from €30,999 in 2019 to €214,924 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MCO
- What is the company number of MCO?
- The company number of MCO is 0700.790.257. The VAT number is the same number with BE in front: BE 0700.790.257.
- Where is MCO based?
- The registered office is at Oosterwijkseweg 9, 2250 Olen.Company details
- What does MCO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of MCO?
- MCO is a public limited company (NV).
- When was MCO founded?
- MCO was founded on 31-07-2018.
- Is MCO still active?
- Yes, MCO is an active enterprise in the KBO register.
- What is the turnover of MCO?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €214,924 and 37 comparable companies (NACE 68203). It probably lies between €230,000 and €460,000.Financials
- Is MCO profitable?
- In financial year 2025, MCO made a profit of €54,530.
- Where can I find the annual accounts of MCO?
- MCO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MCO due?
- MCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.