MCTRUDO
Annual accounts 2025
abbreviated format, filed on 31-08-2026, 31 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.2m. Estimated: probably between €1.5m and €3.6m.
Balance sheet
balance sheet total €1.4m on 31-12-2025in euro
in euro
Position in the sector
42.0%
Higher than 62% of 4,843 companies in 2025.
1.65
Higher than 68% of 4,741 companies in 2025.
-3.3%
Higher than 25% of 4,765 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter
Staff
€48,091
Staff costs divided by the average number of full-time equivalents.
42 hours per contract
In 2025, 1,009 short contracts started and 1,013 ended, on average 42 hours worked per contract. Staff averaged 24 full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
1.4m | 1.7m | 1.7m | 1.7m | 1.7m | |
21/28 |
410,356 | 571,108 | 677,511 | 833,880 | 970,577 | |
22/27 |
409,761 | 570,513 | 676,916 | 833,682 | 970,379 | |
23 |
386,373 | 541,278 | 676,916 | 833,682 | 970,379 | |
24 |
23,388 | 29,235 | - | - | - | |
28 |
595 | 595 | 595 | 198 | 198 | |
29/58 |
1.0m | 1.1m | 1.1m | 829,720 | 690,482 | |
3 |
21,712 | 23,554 | 21,438 | 20,780 | 16,072 | |
30/36 |
21,712 | 23,554 | 21,438 | 20,780 | 16,072 | |
40/41 |
712,303 | 788,607 | 629,746 | 468,468 | 267,710 | |
40 |
26,803 | 20,378 | 30,838 | 39,772 | 7,901 | |
41 |
685,499 | 768,229 | 598,908 | 428,696 | 259,809 | |
50/53 |
94 | - | - | - | - | |
54/58 |
277,530 | 236,834 | 392,352 | 327,340 | 386,255 | |
490/1 |
26,583 | 32,292 | 22,075 | 13,131 | 20,446 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
1.4m | 1.7m | 1.7m | 1.7m | 1.7m | |
10/15 |
608,658 | 656,098 | 642,718 | 545,646 | 387,345 | |
10/11 |
335,000 | 335,000 | 335,000 | 335,000 | 335,000 | |
13 |
273,658 | 321,098 | 307,718 | 210,646 | 52,345 | |
133 |
273,658 | 321,098 | 307,718 | 210,646 | 52,345 | |
17/49 |
839,920 | 996,296 | 1.1m | 1.1m | 1.3m | |
17 |
210,760 | 360,442 | 482,738 | 625,223 | 766,643 | |
170/4 |
210,760 | 360,442 | 482,738 | 625,223 | 766,643 | |
42/48 |
628,948 | 635,552 | 615,814 | 492,253 | 506,504 | |
42 |
149,682 | 148,431 | 142,485 | 141,420 | 140,364 | |
44 |
367,746 | 379,379 | 362,475 | 236,840 | 266,511 | |
440/4 |
367,746 | 379,379 | 362,475 | 236,840 | 266,511 | |
45 |
111,263 | 107,603 | 107,439 | 109,993 | 99,407 | |
450/3 |
- | - | 14 | 2,299 | 1,918 | |
454/9 |
111,263 | 107,603 | 107,425 | 107,694 | 97,488 | |
47/48 |
257 | 139 | 3,416 | 4,000 | 222 | |
492/3 |
212 | 302 | 1,851 | 479 | 567 | |
| Income statement | ||||||
9900 |
1.3m | 1.3m | 1.3m | 1.3m | 977,852 | |
62 |
1.1m | 1.1m | 1.0m | 920,332 | 786,663 | |
630 |
169,359 | 160,442 | 159,844 | 158,278 | 122,078 | |
640/8 |
5,646 | 6,140 | 5,056 | 4,525 | 4,371 | |
9901 |
-36,031 | 41,887 | 109,979 | 171,457 | 64,740 | |
75/76B |
83 | 86 | 2 | - | - | |
75 |
83 | 86 | 2 | - | - | |
65/66B |
11,342 | 17,620 | 11,571 | 13,156 | 12,395 | |
65 |
11,342 | 17,620 | 11,571 | 13,156 | 12,395 | |
9903 |
-47,290 | 24,353 | 98,410 | 158,301 | 52,345 | |
67/77 |
151 | 10,973 | 1,338 | - | - | |
9904 |
-47,441 | 13,380 | 97,072 | 158,301 | 52,345 | |
9905 |
-47,441 | 13,380 | 97,072 | 158,301 | 52,345 | |
| Appropriation of the result | ||||||
9906 |
-47,441 | 13,380 | 97,072 | 158,301 | 52,345 | |
791/2 |
47,441 | - | - | - | - | |
691/2 |
- | 13,380 | 97,072 | 158,301 | 52,345 | |
6921 |
- | 13,380 | 97,072 | 158,301 | 52,345 | |
| Social balance sheet | ||||||
9087 |
23.9 | 22.9 | 23.1 | 22.4 | 24.7 | |
Hours worked1013 |
42,239 | 39,977 | 40,280 | 40,608 | 35,736 | |
| Document | ||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00466441.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00466441 | |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00514662 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00406345 | |
| 31-12-2022 | abbreviated format | 19-07-2023 | 2023-00250481 | |
| 31-12-2021 | abbreviated format | 20-07-2022 | 2022-20203413 |
Subsidies and aid
Flemish government 2024 to 2025, 2 entries, €1,976 awarded, €1,976 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,363 | €1,363 |
| 2024 | 1 | €613 | €613 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 133,328 | 202,329 | 269,824 | 329,735 | 186,818 | ||
| 121,918 | 173,821 | 256,917 | 316,579 | 174,424 | ||
| 8,607 | 54,038 | 3,475 | 21,582 | 1.1m | ||
| 40,696 | -155,518 | 65,011 | -58,914 | - | ||
| 409,274 | 445,734 | 449,796 | 337,467 | 183,978 | ||
| 42.0% | 39.7% | 36.9% | 32.8% | 23.3% | ||
| 1.65 | 1.70 | 1.73 | 1.69 | 1.36 | ||
| 1.62 | 1.66 | 1.70 | 1.64 | 1.33 | ||
| 1.38 | 1.52 | 1.71 | 2.05 | 3.29 | ||
| -7.8% | 2.0% | 15.1% | 29.0% | 13.5% | ||
| -3.3% | 0.8% | 5.6% | 9.5% | 3.2% | ||
| 11.75 | 11.48 | 23.32 | 25.06 | 15.07 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 25 | 29 | 25 | 22 | 27 |
| full-time | 6 | 10 | 9 | 5 | 8 |
| part-time | 19 | 19 | 16 | 17 | 19 |
| in full-time equivalents | 20.5 | 23.7 | 20.4 | 17.2 | 22 |
| 23.9 | 22.9 | 23.1 | 22.4 | 24.7 | |
| On a permanent contract | 25 | 29 | 25 | 22 | 27 |
| Joined | 1,009 | 756 | 772 | 710 | 356 |
| Left | 1,013 | 744 | 769 | 715 | 329 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,607 | €54,038 | €3,079 | €21,582 | €1.1m |
| Financial fixed assets | - | - | €397 | - | €198 |
| €169,359 | €160,442 | €159,844 | €158,278 | €122,078 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MCTRUDO
The operating result for 2025 is a loss of €36,031, after a profit of €41,887 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total falls from 60.3% to 58.0%. Equity and debt are lower.