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MCS

Active
Private limited companyfounded 199134 yrs activeDiksmuidseweg 350, 8904 Ieper, BelgiumKBO/BCE: BE 0445.657.788

MCS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €458. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-7
Solvency100=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 4.36 against 22.41 in 2024; short-term debt: 22% and cash: 64.6% of total assets), and 22% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78%
Return on assets
0.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-02-2026, 69 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
69 d early
2024
84 d early
2023
69 d early
2022
69 d early
2021
65 d early
2020
84 d early
2019
66 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today30-09-2026 close30-04-2027 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

Financials · fiscal year 2025, micro schema

Equity
€82k▼ 20.5%
2024 · €104k
2018: €83k 2019: €81k 2020: €88k 2021: €92k 2022: €99k 2023: €99k 2024: €104k
2018 → 2025
Total assets
€106k▼ 2.2%
2024 · €108k
2018: €93k 2019: €94k 2020: €93k 2021: €96k 2022: €105k 2023: €103k 2024: €108k
2018 → 2025
Net result
€458▼ 92.7%
2024 · €6k
2018: €-3k 2019: €-3k 2020: €7k 2021: €6k 2022: €8k 2023: €2k 2024: €6k
2018 → 2025
Working capital
€78k▼ 18.4%
2024 · €96k
2018: €65k 2019: €63k 2020: €75k 2021: €86k 2022: €84k 2023: €87k 2024: €96k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€92k-€99k▲ 7.4%€99k▲ 0.1%€104k▲ 4.6%€82k▼ 20.5%
Operating result€6k-€14k▲ 135%€59▼ 99.6%€3k▲ 5,371%€331▼ 89.7%
Net result€6k-€8k▲ 43.6%€2k▼ 79.3%€6k▲ 258%€458▼ 92.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2021: €6k€6kNet result 2021: €6k€6kOperating result 2022: €14k€14kNet result 2022: €8k€8kOperating result 2023: €59€59Net result 2023: €2k€2kOperating result 2024: €3k€3kNet result 2024: €6k€6kOperating result 2025: €331€331Net result 2025: €458€45820212022202320242025
The operating result falls in 2025; 2025 is 90% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets €4k▼ 45.3%
Current assets €101k▲ 1.2%
Equity and liabilities €106k
Equity €82k▼ 20.5%
Debt €23k▲ 420%
The debt ratio rises from 4.1% to 22.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4k
2024 · €7k
Cash flow
€4k
2024 · €10k
Solvency
78.0%
2024 · 95.9%
Current ratio
4.36
2024 · 22.41
Quick ratio
4.09
2024 · 21.21
Debt / equity
0.28
2024 · 0.04
ROE
0.6%
2024 · 6.0%
ROA
0.4%
2024 · 5.8%
Interest coverage
45.64
2024 · 75.30
Debt
€23k
2024 · €4k
Debt ≤ 1 year
€23k
2024 · €4k
Income taxes
€624
2024 · €2k
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€108k€106k
Fixed assets21/28€8k€4k
Intangible fixed assets21€118€0
Tangible fixed assets22/27€8k€4k
Plant, machinery and equipment23€0-
Furniture and vehicles24€8k€4k
Current assets29/58€100k€101k
Stocks and contracts in progress3€5k€6k
Stocks30/36€5k€6k
Amounts receivable within one year40/41€30k€26k
Trade receivables40€4k€3k
Other amounts receivable41€26k€23k
Current investments50/53€0-
Cash at bank and in hand54/58€64k€68k
Deferred charges and accrued income490/1€959€1k
Equity and liabilities
Total equity and liabilities10/49€108k€106k
Equity10/15€104k€82k
Contributions10/11€19k€19k=
Reserves13€85k€64k
Distributable reserves133€85k€64k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€4k€23k
Amounts payable within one year42/48€4k€23k
Trade debts44€278€390
Suppliers440/4€278€390
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€2k€1k
Taxes450/3€2k€1k
Other amounts payable47/48€2k€22k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8€2k€1k
Gross operating margin9900€9k€5k
Operating profit (loss)9901€3k€331
Financial income75/76B€5k€837
Recurring financial income75€5k€837
Financial charges65/66B€92€86
Recurring financial charges65€92€86
Profit (loss) for the period before taxes9903€8k€1k
Income taxes67/77€2k€624
Profit (loss) for the period9904€6k€458
Profit (loss) for the period to be appropriated9905€6k€458
Appropriation of the result
Profit (loss) to be appropriated9906€6k€458
Transfer from equity791/2€2k€21k
Transfer to equity691/2€6k€0
To other reserves6921€6k€0
Profit to be distributed694/7€2k€22k
Return on contributions (dividend)694€2k€22k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
20-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
05-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Equity above €100kEq €104k ▲4.6%
5 profitable years in a row build equity to €104k.
21-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
20-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Highest result since 2018net €8k ▲43.6%
Operating result €14k, net result €8k, both a record.
24-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
05-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €7k
Net result €7k after 2 loss-making years.
30-09
Financial Liquidity triplescurrent ratio 17.31
Current ratio from 5.89 to 17.31; short-term debt falls from €13k to €5k.
24-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
19-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
20-02
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
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, Ieper · 1 establishment unit since 1991
establishment The establishment unit on the map
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.

Diksmuidseweg 3508904 Ieper
Ground area
261 m²
Building footprint
161 m²
Volume, LiDAR
925 m³
Parcel 33003A0850/00M002, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Diksmuidseweg 350, 8904 Ieper
NACE 1740105
since 19912.055.109.801
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33003A0850/00M002 Flanders 261 m² 1 · 161 m² 10.5 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

Of 4,248 companies in sector 47789 we hold annual accounts for 1,021. 810 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-11-1991
Fiscal year end30-09
Activities, NACEBEL
47789Other retail sale of new goods
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.