MCW Wegmarkeringen
ActiveSummary
MCW Wegmarkeringen has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €848k and a net result of €459k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 401 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+9
Solvency49▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.62 in 2024; short-term debt: 36.7% and cash: 3.6% of total assets), and 76.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.7%
Return on assets
12.8%
Age of the figures
9 mo
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 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
8 d early
2023
7 d early
2022
42 d early
2021
20 d early
2020
40 d early
2019
32 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€848k▲ 23.1%
2024 · €689k
2019: €287k
2020: €297k
2021: €337k
2022: €400k
2023: €532k
2024: €689k
2019 → 2025
Total assets
€3.58M▲ 30.9%
2024 · €2.73M
2019: €769k
2020: €798k
2021: €910k
2022: €937k
2023: €1.21M
2024: €2.73M
2019 → 2025
Net result
€459k▲ 192%
2024 · €157k
2019: €44k
2020: €10k
2021: €40k
2022: €63k
2023: €132k
2024: €157k
2019 → 2025
Working capital
€357k▼ 28.2%
2024 · €497k
2019: €75k
2020: €-32k
2021: €31k
2022: €296k
2023: €416k
2024: €497k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€337k-€400k▲ 18.7%€532k▲ 33.0%€689k▲ 29.5%€848k▲ 23.1%
Operating result€76k-€123k▲ 61.5%€190k▲ 53.8%€223k▲ 17.8%€564k▲ 152%
Net result€40k-€63k▲ 56.6%€132k▲ 110%€157k▲ 19.2%€459k▲ 192%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 152% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.58M
Fixed assets
€1.91M ▲ 33.3%
Current assets
€1.67M ▲ 28.3%
Equity and liabilities €3.58M
Equity
€848k ▲ 23.1%
Debt
€2.73M ▲ 33.5%
Debt's share of the balance-sheet total rises from 74.8% to 76.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€984k▲
2024 · €452k
Cash flow
€879k▲
2024 · €386k
Current ratio
1.27▼
2024 · 1.62
Quick ratio
0.86▼
2024 · 1.06
Debt to equity
3.22▲
2024 · 2.96
ROE
54.1%▲
2024 · 22.8%
ROA
12.8%▲
2024 · 5.8%
Interest coverage
18.42▲
2024 · 17.51
Debt ≤ 1 year
€1.31M▲
2024 · €804k
Debt > 1 year
€1.41M▲
2024 · €1.22M
Income taxes
€56k▲
2024 · €41k
Staff costs
€1.61M▲
2024 · €1.03M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.73M€3.58M▲
Fixed assets21/28€1.43M€1.91M▲
Intangible fixed assets21€390k€317k▼
Tangible fixed assets22/27€1.04M€1.59M▲
Land and buildings22€71k€56k▼
Plant, machinery and equipment23€459k€671k▲
Furniture and vehicles24€511k€544k▲
Leasing and similar rights25-€121k
Other tangible fixed assets26-€197k
Financial fixed assets28€250€370▲
Current assets29/58€1.30M€1.67M▲
Stocks and contracts in progress3€452k€537k▲
Stocks30/36€440k€465k▲
Contracts in progress37€12k€72k▲
Amounts receivable within one year40/41€718k€946k▲
Trade receivables40€547k€671k▲
Other amounts receivable41€171k€275k▲
Current investments50/53€59k-
Cash at bank and in hand54/58€36k€130k▲
Deferred charges and accrued income490/1€36k€56k▲
Equity and liabilities
Total equity and liabilities10/49€2.73M€3.58M▲
Equity10/15€689k€848k▲
Contributions10/11€19k€19k=
Reserves13€671k€830k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311-€2k
Own shares acquired1312€2k-
Distributable reserves133€669k€828k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€2.04M€2.73M▲
Amounts payable after more than one year17€1.22M€1.41M▲
Financial debts170/4€1.03M€1.22M▲
Other amounts payable178/9€190k€190k=
Amounts payable within one year42/48€804k€1.31M▲
Current portion of amounts payable after more than one year42€148k€467k▲
Trade debts44€564k€418k▼
Suppliers440/4€564k€418k▼
Taxes, remuneration and social security45€41k€52k▲
Taxes450/3€165€2k▲
Remuneration and social security454/9€41k€50k▲
Other amounts payable47/48€50k€375k▲
Accrued charges and deferred income492/3€23k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.03M€1.61M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€229k€420k▲
Other operating charges640/8€17k€16k▼
Gross operating margin9900€1.50M€2.61M▲
Operating profit (loss)9901€223k€564k▲
Financial income75/76B€553€4k▲
Recurring financial income75€553€4k▲
Financial charges65/66B€26k€53k▲
Recurring financial charges65€26k€53k▲
Profit (loss) for the period before taxes9903€198k€514k▲
Income taxes67/77€41k€56k▲
Profit (loss) for the period9904€157k€459k▲
Profit (loss) for the period to be appropriated9905€157k€459k▲
Appropriation of the result
Profit (loss) to be appropriated9906€157k€459k▲
Transfer to equity691/2€157k€159k▲
To other reserves6921€157k€159k▲
Profit to be distributed694/7-€300k
Return on contributions (dividend)694-€300k
Social balance
Average headcount (FTE)908715.722.0▲
The notes to these accounts (20 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 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2019net €459k ▲192%
Operating result €564k, net result €459k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €532k ▲33%
5 profitable years in a row build equity to €532k.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €10k ▼77.6%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
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, Harelbeke · 1 establishment unit since 2007
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.
Berkenlaan 99 A8530 HarelbekeGround area
3,236 m²
Building footprint
1,220 m²
Volume, LiDAR
189 m³
2 parcels, Flanders · tallest building 9.3 m. Linked by address, not a title deed.
1 establishment unit
MCW Wegmarkeringen
since 20072.165.693.660
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0428/00T000 | Flanders | 2,464 m² | 1 · 1,220 m² | 9.3 m |
| 34322B0428/00V000 | Flanders | 773 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 19,892 EUR awarded · 18,655 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 836 EUR | 0 EUR |
| 2023 | 2 | 10,152 EUR | 10,185 EUR |
| 2022 | 2 | 8,904 EUR | 8,470 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
3 categoriesMCW Wegmarkeringen BV31040
Similar companies · same sector, comparable size
ELT Contractors
BE 0719.702.089
Brussel · Eq €844k
TE.DE.ROUTE
BE 0477.245.245
Liège · Eq €853k
GREEN ROAD
BE 0477.383.322
Wichelen · Eq €841k
PAUL DE WINNE
BE 0427.444.554
Aalst · Eq €860k
M-bestratingen
BE 0846.711.614
Lille · Eq €861k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 722 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-09-2007
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
43341Painting of buildings
46831Wholesale of construction materials, general range
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.