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Private limited companyfounded 20197 yrs activePelderijnstraat 19, 8310 Brugge, BelgiumKBO/BCE: BE 0734.977.314
Summary

MCP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €9,000 and a net result of €13,629. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 11% of 126 sector peers (fiscal year 2026). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 126 sector peers (2026).
NBB · sector comparison
Position among 126 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-07-2026, 113 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2026
113 d early
2025
15 d early
2024
1 d early
2023
6 d early
2022
2 d late
2021
4 d late
2020
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-03-2027 close31-10-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MCP was incorporated on 26 September 2019 as a Private limited company.1 Total assets rose from EUR 28,486 in 2020 to EUR 101,648 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2026

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Financials · fiscal year 2026, micro schema

Equity
€9,000▼ 88.2%
2025 · €76,525
Net result
€13,629▼ 79.8%
2025 · €67,525
Total assets
€101,648▼ 24.3%
2025 · €134,353
Solvency
8.9%▼ 48.1pp
2025 · 57.0%
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
Line20222023202420252026
Operating result€41,735▼ 1.9%€52,711▲ 26.3%€30,108▼ 42.9%€86,357▲ 187%€18,006▼ 79.1%
Net result€32,291▼ 4.6%€40,598▲ 25.7%€22,441▼ 44.7%€67,525▲ 201%€13,629▼ 79.8%
Equity€84,756▲ 61.5%€125,354▲ 47.9%€147,795▲ 17.9%€76,525▼ 48.2%€9,000▼ 88.2%
Total assets€100,279▲ 49.6%€149,422▲ 49.0%€166,041▲ 11.1%€134,353▼ 19.1%€101,648▼ 24.3%
Debt€15,523▲ 6.4%€24,068▲ 55.0%€18,246▼ 24.2%€57,827▲ 217%€92,648▲ 60.2%
Working capital€74,503▲ 89.0%€88,337▲ 18.6%€120,397▲ 36.3%€58,745▼ 51.2%-€66
Solvency84.5%▲ 6.3pp83.9%▼ 0.6pp89.0%▲ 5.1pp57.0%▼ 32.1pp8.9%▼ 48.1pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000Operating result 2022: €41,735€41,735Net result 2022: €32,291€32,291Operating result 2023: €52,711€52,711Net result 2023: €40,598€40,598Operating result 2024: €30,108€30,108Net result 2024: €22,441€22,441Operating result 2025: €86,357€86,357Net result 2025: €67,525€67,525Operating result 2026: €18,006€18,006Net result 2026: €13,629€13,62920222023202420252026€0€25,000€50,000€75,000Operating result 2024: €30,108€30,100Net result 2024: €22,441€22,400Operating result 2025: €86,357€86,400Net result 2025: €67,525€67,500Operating result 2026: €18,006€18,000Net result 2026: €13,629€13,600202420252026
The operating result falls in 2026; 2026 is 79% below 2025 and is the lowest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €101,648
Fixed assets €9,066 ▼ 49.0%
Current assets €92,582 ▼ 20.6%
Equity and liabilities €101,648
Equity €9,000 ▼ 88.2%
Debt €92,648 ▲ 60.2%
Debt's share of the balance-sheet total rises from 43.0% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
2026 value · change against 2025
ROE
151.4%▲
2025 · 88.2%
ROA
13.4%▼
2025 · 50.3%
Debt ≤ 1 year
€92,648▲
2025 · €57,827
Income taxes
€3,960▼
2025 · €18,608
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 · 2026 against 2025 · 44 lines
Balance sheet Code20252026
Assets
Total assets20/58€134,353€101,648▼
Fixed assets21/28€17,780€9,066▼
Tangible fixed assets22/27€17,780€9,066▼
Plant, machinery and equipment23€413€0▼
Furniture and vehicles24€17,367€9,066▼
Current assets29/58€116,573€92,582▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€13,129€15,251▲
Trade receivables40€13,129€12,100▼
Other amounts receivable41-€3,151
Cash at bank and in hand54/58€103,444€77,331▼
Equity and liabilities
Total equity and liabilities10/49€134,353€101,648▼
Equity10/15€76,525€9,000▼
Contributions10/11€9,000€9,000=
Reserves13€67,525€0▼
Distributable reserves133€67,525€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€57,827€92,648▲
Amounts payable within one year42/48€57,827€92,648▲
Trade debts44€4,429€1,544▼
Suppliers440/4€4,429€1,544▼
Taxes, remuneration and social security45€14,119€8,322▼
Taxes450/3€11,620€5,823▼
Remuneration and social security454/9€2,499€2,499=
Other amounts payable47/48€39,279€82,783▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,619€8,714▼
Other operating charges640/8€2,163€2,286▲
Gross operating margin9900€98,139€29,005▼
Operating profit (loss)9901€86,357€18,006▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€224€416▲
Recurring financial charges65€224€416▲
Profit (loss) for the period before taxes9903€86,133€17,589▼
Income taxes67/77€18,608€3,960▼
Profit (loss) for the period9904€67,525€13,629▼
Profit (loss) for the period to be appropriated9905€67,525€13,629▼
Appropriation of the result
Profit (loss) to be appropriated9906€67,525€13,629▼
Transfer from equity791/2€138,795€67,525▼
Transfer to equity691/2€67,525€0▼
To other reserves6921€67,525€0▼
Profit to be distributed694/7€138,795€81,155▼
Return on contributions (dividend)694€138,795€81,155▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,790€7,382€9,619€9,619€8,714▼ 9.4%
Other operating charges640/8€3,380€954€3,727€2,163€2,286▲ 5.7%
Gross operating margin9900€47,905€61,047€43,454€98,139€29,005▼ 70.4%
Operating profit (loss)9901€41,735€52,711€30,108€86,357€18,006▼ 79.1%
Financial income75/76B€1--€0€0▼ 100%
Recurring financial income75€1--€0€0▼ 100%
Financial charges65/66B€153€213€213€224€416▲ 86.3%
Recurring financial charges65€153€213€213€224€416▲ 86.3%
Profit (loss) for the period before taxes9903€41,583€52,498€29,894€86,133€17,589▼ 79.6%
Income taxes67/77€9,291€11,900€7,453€18,608€3,960▼ 78.7%
Profit (loss) for the period9904€32,291€40,598€22,441€67,525€13,629▼ 79.8%
Profit (loss) for the period to be appropriated9905€32,291€40,598€22,441€67,525€13,629▼ 79.8%
Line20222023202420252026Change
Assets
Total assets20/58€100,279€149,422€166,041€134,353€101,648▼ 24.3%
Fixed assets21/28€10,253€37,017€27,399€17,780€9,066▼ 49.0%
Tangible fixed assets22/27€10,253€37,017€27,399€17,780€9,066▼ 49.0%
Plant, machinery and equipment23€2,152€1,572€993€413€0▼ 100%
Furniture and vehicles24€8,101€35,445€26,406€17,367€9,066▼ 47.8%
Current assets29/58€90,026€112,405€138,642€116,573€92,582▼ 20.6%
Amounts receivable after more than one year29€50,000€50,000€50,000€0--
Other amounts receivable291€50,000€50,000€50,000€0--
Amounts receivable within one year40/41€12,046€10,022€16,940€13,129€15,251▲ 16.2%
Trade receivables40€11,294€9,996€16,940€13,129€12,100▼ 7.8%
Other amounts receivable41€753€26€0-€3,151-
Cash at bank and in hand54/58€27,980€51,954€71,702€103,444€77,331▼ 25.2%
Deferred charges and accrued income490/1-€429€0---
Equity and liabilities
Total equity and liabilities10/49€100,279€149,422€166,041€134,353€101,648▼ 24.3%
Equity10/15€84,756€125,354€147,795€76,525€9,000▼ 88.2%
Contributions10/11€9,000€9,000€9,000€9,000€9,000=
Reserves13€75,756€116,354€138,795€67,525€0▼ 100%
Distributable reserves133€75,756€116,354€138,795€67,525€0▼ 100%
Profit (loss) carried forward14---€0€0-
Amounts payable17/49€15,523€24,068€18,246€57,827€92,648▲ 60.2%
Amounts payable within one year42/48€15,523€24,068€18,246€57,827€92,648▲ 60.2%
Trade debts44€2,736€3,042€3,046€4,429€1,544▼ 65.1%
Suppliers440/4€2,736€3,042€3,046€4,429€1,544▼ 65.1%
Taxes, remuneration and social security45€11,778€19,925€13,823€14,119€8,322▼ 41.1%
Taxes450/3€9,280€17,427€13,823€11,620€5,823▼ 49.9%
Remuneration and social security454/9€2,499€2,499€0€2,499€2,499=
Other amounts payable47/48€1,009€1,101€1,377€39,279€82,783▲ 111%
Line20222023202420252026Change
Profit (loss) for the period9904€32,291€40,598€22,441€67,525€13,629▼ 79.8%
+ Depreciation and write-downs630€2,790€7,382€9,619€9,619€8,714▼ 9.4%
Operating cash flow (approximation)€35,081€47,980€32,060€77,144€22,343▼ 71.0%
Investment in fixed assets (approximation)--€34,146€0€0€0-
Change in cash-€23,974€19,748€31,742-€26,113▼ 182%

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

Next filing, fiscal year 2027, expected by 31-10-2027
2026
10-07
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
23-01
State Gazette act General meeting · Merger
Accounting effect · Dissolution
2025
16-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Highest result since 2020net €67,525 ▲201%
Operating result €86,357, net result €67,525, both a record.
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
25-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Equity above €100,000Eq €125,354 ▲47.9%
4 profitable years in a row build equity to €125,354.
2022
02-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2021
04-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Brugge · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
945 m²
Building footprint
113 m²
Volume, LiDAR
385 m³
Parcel 31433D0395/00B000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MCP
Pelderijnstraat 19, 8310 BruggeFinancial service activities, except insurance and pension funding
since 20192.294.128.687
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31433D0395/00B000
ProtectedTownscape or village viewGehucht MaleSource ↗
Flanders 945 m² 1 · 113 m² 7.5 m · 1 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 4,745 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
Founded26-09-2019
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0734977314
Also 9925:BE0734977314
Registered 20-11-2025

Register as of 27 September 2026 · Peppol Directory

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