Losses
Every financial year from 2016 to 2019 closed with a loss. 2019 was the heaviest.
Every financial year from 2016 to 2019 closed with a loss. 2019 was the heaviest.
The 2017 accounts came latest: 107 days after the end of the period.
Equity fell from €18,230 in 2012 to -€11,570 in 2019.
On 28 September 2021 the court declared MCON bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
21,797 | 22,060 | 14,592 | 14,659 | 19,947 | 26,832 | 19,268 | 188,714 | 153,315 | 148,605 | |
21/28 |
4,800 | 12,467 | - | 62 | 159 | 805 | 6,717 | 169,877 | 144,073 | 148,222 | |
22/27 |
4,800 | 12,467 | - | 62 | 159 | 805 | 6,717 | 169,877 | 144,073 | 148,222 | |
22 |
- | - | - | - | - | - | - | 158,411 | 127,400 | 127,400 | |
23 |
4,800 | 4,800 | - | 62 | 159 | 541 | 983 | 263 | - | - | |
24 |
- | 7,667 | - | - | - | 264 | 5,734 | 11,203 | 16,673 | 20,822 | |
29/58 |
16,997 | 9,593 | 14,592 | 14,598 | 19,789 | 26,027 | 12,551 | 18,837 | 9,242 | 383 | |
40/41 |
16,877 | 4,681 | 14,522 | 14,593 | 19,743 | 1,836 | 7,820 | 6,942 | 632 | 383 | |
40 |
16,877 | 3,463 | 1,363 | 1,659 | 12,530 | 800 | 7,403 | 6,061 | - | - | |
41 |
- | 1,218 | 13,160 | 12,934 | 7,212 | 1,036 | 417 | 881 | 632 | 383 | |
54/58 |
119 | 4,757 | 70 | 5 | 46 | 24,191 | 4,731 | 11,895 | 8,610 | - | |
490/1 |
- | 155 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
21,797 | 22,060 | 14,592 | 14,659 | 19,947 | 26,832 | 19,268 | 188,714 | 153,315 | 148,605 | |
10/15 |
-11,570 | -5,142 | 4,303 | 6,747 | 10,211 | 9,090 | 11,466 | 18,230 | 8,025 | -4,783 | |
10/11 |
16,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
2,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
5,266 | 5,266 | 5,266 | 5,266 | 5,266 | 5,265 | 5,266 | 12,030 | 1,825 | - | |
130 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,825 | - | |
133 |
3,406 | 3,406 | 3,406 | 3,406 | 3,406 | 3,405 | 3,406 | 10,170 | - | - | |
14 |
-33,036 | -16,608 | -7,163 | -4,719 | -1,255 | -2,375 | - | - | - | -10,983 | |
17/49 |
33,367 | 27,202 | 10,289 | 7,913 | 9,736 | 17,742 | 7,802 | 170,484 | 145,290 | 153,388 | |
17 |
- | - | - | - | - | - | - | 1,312 | 49,125 | 95,998 | |
170/4 |
- | - | - | - | - | - | - | 1,312 | 49,125 | 95,998 | |
42/48 |
33,367 | 27,128 | 10,289 | 7,913 | 9,736 | 17,742 | 7,802 | 169,172 | 96,165 | 57,390 | |
42 |
- | 5,300 | - | - | - | - | - | 7,633 | 15,567 | 15,194 | |
43 |
- | - | - | - | - | - | - | - | - | 294 | |
430/8 |
- | - | - | - | - | - | - | - | - | 294 | |
44 |
11,490 | 10,175 | 307 | 450 | 3,066 | 2,621 | 597 | - | 79 | 694 | |
440/4 |
11,490 | 10,175 | 307 | 450 | 3,066 | 2,621 | 597 | - | 79 | 694 | |
46 |
12,148 | - | - | - | - | - | - | - | - | - | |
45 |
5,395 | - | - | 452 | 4,609 | 6,712 | - | - | - | 263 | |
450/3 |
5,395 | - | - | 452 | 4,609 | 6,712 | - | - | - | 263 | |
47/48 |
4,333 | 11,653 | 9,982 | 7,010 | 2,061 | 8,409 | 7,205 | 161,539 | 80,519 | 40,945 | |
492/3 |
- | 74 | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||
76A |
- | - | - | 5,000 | - | 1,147 | 2,239 | 4,081 | 2,292 | 2,422 | |
9900 |
-2,781 | 19,761 | 1,166 | -299 | 5,872 | 24,312 | 14,740 | 20,588 | 20,274 | -891 | |
62 |
768 | 23,372 | - | - | - | - | - | - | - | - | |
630 |
1,500 | 5,033 | - | 97 | 646 | 2,039 | 5,912 | 6,633 | 5,470 | 5,205 | |
640/8 |
3,456 | 711 | 442 | 1,607 | 1,185 | 4,276 | 4,295 | 495 | 736 | 1,063 | |
66A |
7,667 | - | 62 | - | - | 348 | 9,903 | - | - | 352 | |
9901 |
-16,172 | -9,355 | 663 | -2,003 | 4,041 | 17,997 | 4,533 | 13,460 | 14,068 | -7,159 | |
75/76B |
62 | - | 1,035 | 56 | 2 | 41 | 59 | 25 | 33 | 45 | |
75 |
62 | - | 1,035 | 56 | 2 | 41 | 59 | 25 | 33 | 45 | |
65/66B |
319 | 90 | 446 | 1,518 | 869 | 18,592 | 3,692 | 7,361 | 3,585 | 5,939 | |
65 |
319 | 90 | 446 | 1,518 | 869 | 18,592 | 3,692 | 7,361 | 3,585 | 5,939 | |
9903 |
-16,428 | -9,445 | 1,252 | -3,464 | 3,173 | 245 | -6,764 | 10,205 | 12,808 | -10,983 | |
67/77 |
- | - | 3,696 | - | 2,053 | 2,620 | - | - | - | - | |
9904 |
-16,428 | -9,445 | -2,444 | -3,464 | 1,121 | -2,375 | -6,764 | 10,205 | 12,808 | -10,983 | |
9905 |
-16,428 | -9,445 | -2,444 | -3,464 | 1,121 | -2,375 | -6,764 | 10,205 | 12,808 | -10,983 | |
| Appropriation of the result | |||||||||||
9906 |
-33,036 | -16,608 | -7,163 | -4,719 | -1,255 | -2,375 | -6,764 | 10,205 | 1,825 | -10,983 | |
791/2 |
- | - | - | - | - | - | 6,764 | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 10,205 | 1,825 | - | |
6920 |
- | - | - | - | - | - | - | 35 | 1,825 | - | |
6921 |
- | - | - | - | - | - | - | 10,170 | - | - | |
| Social balance sheet | |||||||||||
9087 |
- | 1 | - | - | - | - | - | - | - | - | |
Hours worked1013 |
- | 624 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||
Source: Annual accounts 2019 (PDF), filed on 12-10-2020.
2019 annual accounts filed 73 days after the deadline. Filed on 12 October 2020, deadline 31 July 2020 (7 months after the close on 31 December 2019, Companies Code art. 3:10). Source: NBB, 2020-61200464.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2019 | micro format | 12-10-2020 | 2020-61200464 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-51300259 | |
| 31-12-2017 | micro format | 15-11-2018 | 2018-72200346 | |
| 31-12-2016 | abbreviated format | 19-07-2017 | 2017-32500372 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38300180 | |
| 31-12-2014 | abbreviated format | 31-08-2015 | 2015-50400426 | |
| 31-12-2013 | abbreviated format | 05-08-2014 | 2014-39000534 | |
| 31-12-2012 | abbreviated format | 29-07-2013 | 2013-35300336 | |
| 31-12-2011 | abbreviated format | 30-07-2012 | 2012-34700314 | |
| 31-12-2010 | abbreviated format | 05-07-2011 | 2011-24900370 |
| Line | Trend | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -14,672 | -4,322 | - | -1,906 | 4,687 | 20,036 | 10,445 | 20,093 | 19,538 | -1,954 | ||
| -14,928 | -4,412 | - | -3,367 | 1,767 | -336 | -852 | 16,838 | 18,278 | -5,778 | ||
| 1,500 | 17,500 | - | 0 | -0 | -3,873 | -157,248 | 32,437 | 1,321 | 153,427 | ||
| -4,638 | 4,687 | 65 | -41 | -24,145 | 19,460 | -7,164 | 3,285 | - | - | ||
| -16,370 | -17,535 | 4,303 | 6,685 | 10,052 | 8,285 | 4,749 | -150,335 | -86,923 | -57,007 | ||
| -53.1% | -23.3% | 29.5% | 46.0% | 51.2% | 33.9% | 59.5% | 9.7% | 5.2% | -3.2% | ||
| 0.51 | 0.35 | 1.42 | 1.84 | 2.03 | 1.47 | 1.61 | 0.11 | 0.10 | 0.01 | ||
| - | - | 2.39 | 1.17 | 0.95 | 1.95 | 0.68 | 9.35 | 18.10 | - | ||
| - | - | -56.8% | -51.3% | 11.0% | -26.1% | -59.0% | 56.0% | 159.6% | - | ||
| -75.4% | -42.8% | -16.7% | -23.6% | 5.6% | -8.9% | -35.1% | 5.4% | 8.4% | -7.4% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2019 is a loss of €16,172, larger than the loss of €9,355 in 2018. It is the lowest result since 2010.
Equity is negative. Debt (€33,367) exceeds the balance-sheet total (€21,797).
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Articles of association, deed of 28-02-2018 (in Dutch)
MCON is no longer in the KBO register.
If something looks wrong or is missing, please tell us.