MCR
ActiveMCR has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €-78k. Equity is shrinking by ~23.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 13% of 129 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-6
Solvency35▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 1.2 in 2024; short-term debt: 88.8% and cash: 7.5% of total assets), and 90.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 31
Relative position
BE, all sectors
reference
Sector 31
higher
← 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
9.5%
Return on assets
-9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-78k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 129 sector peers (2025).
NBB · sector comparisonPosition among 129 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
31 d early
2023
28 d late
2022
85 d late
2021
61 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-78k▼ 80.9%
2024 · €-43k
2018: €-152k
2019: €-140k
2020: €-201k
2021: €51k
2022: €-39k
2023: €-103k
2024: €-43k
2018 → 2025
Working capital
€63k▼ 55.9%
2024 · €143k
2018: €626k
2019: €505k
2020: €293k
2021: €346k
2022: €307k
2023: €200k
2024: €143k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€347k-€308k▼ 11.3%€205k▼ 33.4%€161k▼ 21.2%€83k▼ 48.6%
Operating result€71k-€-18k€-86k▼ 372%€-19k▲ 77.8%€-68k▼ 260%
Net result€51k-€-39k€-103k▼ 163%€-43k▲ 57.8%€-78k▼ 80.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €68k in 2025 against €19k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €871k
Fixed assets
€35k▼ 25.3%
Current assets
€836k▼ 2.9%
Equity and liabilities €871k
Equity
€83k▼ 48.6%
Debt
€788k▲ 5.6%
The debt ratio rises from 82.2% to 90.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-57k▼
2024 · €-4k
Cash flow
€-67k▼
2024 · €-28k
Solvency
9.5%▼
2024 · 17.8%
Current ratio
1.08▼
2024 · 1.20
Quick ratio
1.08▼
2024 · 1.20
Debt / equity
9.50▲
2024 · 4.62
ROE
-94.6%▼
2024 · -26.9%
ROA
-9.0%▼
2024 · -4.8%
Interest coverage
-3.03▼
2024 · -0.09
Debt
€788k▲
2024 · €746k
Debt ≤ 1 year
€773k▲
2024 · €719k
Debt > 1 year
€15k▼
2024 · €27k
Staff costs
€114k▲
2024 · €94k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€907k€871k▼
Fixed assets21/28€46k€35k▼
Tangible fixed assets22/27€46k€34k▼
Plant, machinery and equipment23€1k€803▼
Furniture and vehicles24€45k€34k▼
Financial fixed assets28€238€238=
Current assets29/58€861k€836k▼
Amounts receivable within one year40/41€536k€665k▲
Trade receivables40€262k€323k▲
Other amounts receivable41€274k€342k▲
Current investments50/53€102k€102k=
Cash at bank and in hand54/58€219k€66k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€907k€871k▼
Equity10/15€161k€83k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€61k€61k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14-€-78k
Amounts payable17/49€746k€788k▲
Amounts payable after more than one year17€27k€15k▼
Financial debts170/4€27k€15k▼
Amounts payable within one year42/48€719k€773k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€146k€181k▲
Suppliers440/4€146k€181k▲
Taxes, remuneration and social security45€84€2k▲
Remuneration and social security454/9€84€2k▲
Other amounts payable47/48€560k€577k▲
Accrued charges and deferred income492/3€37€37=
Income statement
Code20242025
Remuneration, social security and pensions62€94k€114k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€12k▼
Other operating charges640/8€4k€5k▲
Gross operating margin9900€94k€62k▼
Operating profit (loss)9901€-19k€-68k▼
Financial income75/76B€14k€9k▼
Recurring financial income75€6k€9k▲
Non-recurring financial income76B€9k-
Financial charges65/66B€38k€19k▼
Recurring financial charges65€38k€19k▼
Non-recurring financial charges66B€917-
Profit (loss) for the period before taxes9903€-43k€-78k▼
Profit (loss) for the period9904€-43k€-78k▼
Profit (loss) for the period to be appropriated9905€-43k€-78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-78k▼
Profit (loss) brought forward from the previous period14P€-907-
Transfer from equity791/2€44k-
Social balance
Average headcount (FTE)90872.22.2=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 85 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-201k
Net result drops to €-201k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lint · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lerenveld 372547 LintGround area
2,479 m²
Building footprint
459 m²
Volume, LiDAR
2,234 m³
Parcel 11025D0290/00E000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MCR - IXINA
since 19982.087.658.744
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025D0290/00E000 | Flanders | 2,479 m² | 1 · 459 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STRATICONFORT
BE 0459.999.437
Gembloux · Eq €83k
MAJU BOIS
BE 0682.613.942
Sint-Pieters-Leeuw · Eq €83k
DE GROOF A.
BE 0432.930.992
Balen · Eq €82k
CF Création
BE 0746.575.445
Welkenraedt · Eq €84k
AERTS INTERIEUR
BE 0457.187.130
Kasterlee · Eq €81k
Of 620 companies in sector 31002 we hold annual accounts for 350. 269 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-06-1998
Fiscal year end31-12
Activities, NACEBEL
31002Manufacture of furniture
36130
47551Retail sale of household furniture
47591Retail trade
52441
43990Other specialised construction activities
43999Specialised construction activities
45250
52100Warehousing and storage
53200Other postal and courier activities
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.