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MCT Potatoes

Active
Private limited companyfounded 2024active for 2 yearsButswervestraat 46, 9990 Maldegem, BelgiumKBO/BCE: BE 1011.715.344
Summary

MCT Potatoes has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,967 and a net result of €10,212. Its solvency ranks better than 89% of 11,213 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
≈ €61,000turnover 2025, estimated
Equity
€166,967
Profit
€10,212
Turnover estimated from the gross margin
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2025 accounts on time
Why 86raises riskFounded in 2024Size: total assets €189,395Liquidity: current ratio 3.52, cash €5,546lowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 68, micro)
Financial strength
Strong
Solvency 100
equity 88.2% of total assets
Liquidity 53
short-term debt 11.8% · cash 2.9%
Profitability 75
return on assets 5.4%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,631 companies, NACE 68, micro)
Last 24 months 08-2025: 0.7% 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.8%▲ +0.1 percentage points vs 11-2025 01-2026: 0.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.0%▲ +0.1 percentage points vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 0.9%▼ -0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.0%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -0.7 percentage points vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value
Credit of up to €14,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 3.52, above the usual 1.5; short-term debt: 11.8% and cash: 2.9% of total assets), and 11.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 91% on solvency, 60% on liquidity and 70% on profitability.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €189,395
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 3.52, cash €5,546
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
on the day
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointment: SEGAERT Nadine Erna (director)…

Financials · financial year 2025, abbreviated format

Turnover
≈ €61,000
Estimated: probably between €39,000 and €95,000
Total assets
€189,395
Net result
€10,212
Working capital
€56,480

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €189,395
Fixed assets €110,488
Current assets €78,907
Equity and liabilities €189,395
Equity €166,967
Debt €22,428
Debt finances 11.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,959
Cash flow
€12,480
Current ratio
3.52
Debt to equity
0.13
ROE
6.1%
ROA
5.4%
Interest coverage
over 100
Debt ≤ 1 year
€22,428
Income taxes
€3,404

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€189,395
Fixed assets21/28€110,488
Tangible fixed assets22/27€110,488
Land and buildings22€110,488
Current assets29/58€78,907
Amounts receivable within one year40/41€73,362
Trade receivables40€26,620
Other amounts receivable41€46,742
Cash at bank and in hand54/58€5,546
Equity and liabilities
Total equity and liabilities10/49€189,395
Equity10/15€166,967
Contributions10/11€66,190
Reserves13€100,777
Distributable reserves133€100,777
Amounts payable17/49€22,428
Amounts payable within one year42/48€22,428
Trade debts44€13,220
Suppliers440/4€13,220
Taxes, remuneration and social security45€5,665
Taxes450/3€5,665
Other amounts payable47/48€3,543
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,267
Other operating charges640/8€5,975
Gross operating margin9900€21,934
Operating profit (loss)9901€13,692
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903€13,617
Income taxes67/77€3,404
Profit (loss) for the period9904€10,212
Profit (loss) for the period to be appropriated9905€10,212
Appropriation of the result
Profit (loss) to be appropriated9906€10,212
Transfer to equity691/2€10,212
To other reserves6921€10,212

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,267
Other operating charges640/8€5,975
Gross operating margin9900€21,934
Operating profit (loss)9901€13,692
Financial charges65/66B€75
Recurring financial charges65€75
Profit (loss) for the period before taxes9903€13,617
Income taxes67/77€3,404
Profit (loss) for the period9904€10,212
Profit (loss) for the period to be appropriated9905€10,212
Line2025
Assets
Total assets20/58€189,395
Fixed assets21/28€110,488
Tangible fixed assets22/27€110,488
Land and buildings22€110,488
Current assets29/58€78,907
Amounts receivable within one year40/41€73,362
Trade receivables40€26,620
Other amounts receivable41€46,742
Cash at bank and in hand54/58€5,546
Equity and liabilities
Total equity and liabilities10/49€189,395
Equity10/15€166,967
Contributions10/11€66,190
Reserves13€100,777
Distributable reserves133€100,777
Amounts payable17/49€22,428
Amounts payable within one year42/48€22,428
Trade debts44€13,220
Suppliers440/4€13,220
Taxes, remuneration and social security45€5,665
Taxes450/3€5,665
Other amounts payable47/48€3,543
Line2025
Profit (loss) for the period9904€10,212
+ Depreciation and write-downs630€2,267
Operating cash flow (approximation)€12,480

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-07-2026 2026-00373597

Similar companies · same sector, comparable size

Of the 9,086 active companies whose main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201), figures are known for 6,922. 4,754 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
SEGAERT Nadine Erna
Director · since 22-07-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
SEGAERT Nadine Erna
  • Director, from 22-07-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 22-07-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-07-2024 Incorporation · €66,189.99 · 850 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

MCT Potatoes was incorporated on 18 July 2024 as a private limited company by MARTENS AGRI and two natural persons, with a starting capital of €66,190.12 Since 2024, SEGAERT Nadine Erna has served as director of the company.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-07-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
31-07
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
2024
22-07
Gazette deed Incorporation
Appointment: SEGAERT Nadine Erna (director) · Demerger · Founding capital35 facts ▸
  • General meeting, 17-07-2024
  • Incorporation, “MCT Potatoes” (deed in Dutch)
  • Demerger, “partiële splitsing, onroerend goed” (deed in Dutch)
  • Founding capital, €66,189.99
  • Shareholding, 846
  • Shareholding, 4
  • Capital contribution
  • Accounting effect, 01-01-2024
  • Other provision, 26-06-2024 (2 times)
  • Auditor report, “actief- en passiefbestanddelen geboekt in BV MARTENS AGRI”, EUR (deed in Dutch)
  • Other provision, “overige aangelegenheden bedrijfsrevisorverslag, in te brengen onroerend goed” (deed in Dutch)
  • Other provision, “neerlegging revisorverslag en vaststelling ingebracht onroerend goed, artikel 5:7 §1 4e lid WVV” (deed in Dutch)
  • +23 further facts in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded18-07-2024
Financial year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011715344
Also 9925:BE1011715344
Registered 29-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Maldegem · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,457 m²
Building footprint
219 m²
Building volume
1,241 m³
Parcel 43503H1590/00E000, Flanders · tallest building 8.2 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
MCT Potatoes
Butswervestraat 46, 9990 MaldegemRenting and operating of own or leased residential real estate, excluding social housing
since 2024unit no. 2.363.600.384
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
43503H1590/00E000 Flanders 1,457 m² 1 · 219 m² 8.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De handel in, de in- en uitvoer van aardappelen en alle daarmee aanverwante producten; De bewaring van en het reinigen van aardappelen; Het…” (deed in Dutch)
15 activities (deed in Dutch)
  1. De handel in, de in- en uitvoer van aardappelen en alle daarmee aanverwante producten.
  2. De bewaring van en het reinigen van aardappelen.
  3. Het telen van aardappelen.
  4. De handel in, de in- en uitvoer van ajuinen, groenten en fruit en alle daarmee aanverwante producten.
  5. Alle vervoer van alle hiervoor vermelde goederen over de grond, over water of door de lucht.
  6. Het laden en lossen, evenals alle manipulaties van deze goederen zowel in binnen- als in buitenland.
  7. Het aanleggen en oordeelkundig uitbreiden van haar roerend en onroerend patrimonium, het beleggen of weder beleggen van alle beschikbare middelen, zowel in roerende als onroerende goederen, onder welke vorm ook, onder andere door het participeren door middel van fusie, inschrijving, deelname of verkrijging van financiële instrumenten in alle bestaande of nog op te richten Belgische of buitenlandse vennootschappen, en het beheer van deze roerende en onroerende waarden.
  8. Zij mag alle roerende en onroerende goederen verwerven zelfs als deze noch rechtstreeks, noch onrechtstreeks verband houden met de bedrijfsactiviteiten van de vennootschap.
  9. Zij kan alle facetten van koop en verkoop, huur, leasing, bouw, verbouwing, restauratie, onderhoud en afbraak verrichten en alle handelingen die noodzakelijk zijn tot optimaliseren van het onroerend patrimonium in bezit, in huur of in leasing.
  10. Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen, overheden en andere instellingen, voornamelijk doch niet uitsluitend op het vlak van management, algemeen beheer, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis.
  11. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
  12. De vennootschap kan kredieten/leningen toestaan.
  13. De vennootschap mag bovendien op gelijk welke wijze deelnemen in of samenwerken met vennootschappen of ondernemingen die een gelijkaardig of een aanvullend voorwerp hebben of nastreven telkens wanneer deze deelname of samenwerking het verwezenlijken van haar voorwerp kan bevorderen.
  14. In het algemeen zal de vennootschap alle financiële, roerende of onroerende handelingen mogen verrichten in rechtstreeks of onrechtstreeks, geheel of gedeeltelijk verband met haar voorwerp of die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden.
  15. De vennootschap mag, zowel in België als in het buitenland, alle zetels van uitbating en fabricatie, alle bijhuizen, agentschappen, handelskantoren of stapelplaatsen oprichten, aankopen, of overdragen aan andere (natuurlijk of rechts-)personen.

The full purpose is in the deed

Name clauseThe name the company operates under according to its articles.
MCT Potatoes
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, verandering door bestuursorgaan in bijlagen bij Belgisch Staatsblad” (deed in Dutch)

deed of 22-07-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“1, algemene vergadering steeds wegens wettige reden zonder opzeggingstermijn of vertrekvergoeding” (deed in Dutch)
“Bestuursorgaan, alle handelingen nodig of dienstig tot verwezenlijking voorwerp behalve wettelijk alleen algemene vergadering” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 22-07-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, 1/850ste van het vermogen” (deed in Dutch)
“Één soort, 1” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Bevoegde rechtbank op verzoek meest gerede partij, nietigheid” (deed in Dutch)

deed of 22-07-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
No statutory auditor

deed of 22-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Administratieve zetels,bijhuizen, gelijk welke andere plaats in België of in het buitenland” (deed in Dutch)
Other provision: “Register van aandelen, bij tegenstrijdigheid tussen statuten en register gelden statuten” (deed in Dutch)
Other provision: “Vruchtgebruiker oefent alle verbonden rechten uit, vruchtgebruik-blote-eigendom” (deed in Dutch)
Other provision: “Nieuwe-aandelen-voorkeurrecht, mogelijk bij besluit algemene vergadering tot uitgifte” (deed in Dutch)
Other provision: “Ieder aandeelhouder onbeperkt toezicht en controle op alle verrichtingen, toezicht-controle” (deed in Dutch)
Other provision: “Enige aandeelhouder, beslissingen in register op zetel” (deed in Dutch)
Other provision: “Bevoegdheid buitengewone algemene vergadering, statutenwijziging,ongevraagd ontslag statutaire bestuurder om wettige redenen,voorwerp en…” (deed in Dutch)
Other provision: “Bijeenroeping bevoegdheid en verplichting, binnen drie weken op vraag tiende uitgegeven aandelen met voorgestelde agendapunten” (deed in Dutch)
Other provision: “Elk aandeel één stem, stemrecht en besluitvorming gewone en bijzondere vergadering” (deed in Dutch)
Other provision: “Schriftelijke besluitvorming, bestuursorgaan en commissaris op verzoek” (deed in Dutch)
Other provision: “Elektronische algemene vergadering op afstand, controleert naleving wet,statuten,reglement” (deed in Dutch)
Other provision: “Vennootschapsvordering en minderheidsvordering, ten minste 10% uitgegeven aandelen op dag uitspraak kwijting overeenkomstig artikel 5:104…” (deed in Dutch)
Other provision: “Uitkeringen en tantièmes, algemene vergadering bestemming winst en uitkeringen” (deed in Dutch)
Other provision: “Verkrijging eigen aandelen of certificaten, slechts mits naleving artikel 5:145 e.v. WVV” (deed in Dutch)
Other provision: “Financiering verkrijging aandelen door derden, middelen voorschieten,leningen,zekerheden” (deed in Dutch)
Other provision: “Ontbinding, te allen tijde door algemene vergadering met vereisten statutenwijziging” (deed in Dutch)
Other provision: “Vereffenaars, algemene vergadering ontbonden vennootschap te allen tijde gewone meerderheid benoemen of ontslaan” (deed in Dutch)
Other provision: “Bij eenzijdig verzoekschrift artikel 1025 e.v. Gerechtelijk Wetboek ter goedkeuring rechtbank, vereffenaar betaalt schulden naar…” (deed in Dutch)
Other provision: “Aandeelhouders,obligatiehouders,bestuurders,commissarissen,vereffenaars met woonplaats buitenland, keuze woonplaats” (deed in Dutch)
18 more provisions in the deed, see the deed of 22-07-2024

deed of 22-07-2024