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MCYS

Active
Public limited companyfounded 20233 yrs activeRue Derrière les Jardins(CHE) 31, 4602 Visé, BelgiumKBO/BCE: BE 0798.437.880
Summary

MCYS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65,965 and a net result of €8,343. Its solvency ranks better than 33% of 4630 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability47▲+17
Solvency55▼-8
Growth78
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.01 in 2023; short-term debt: 70.4% and cash: 29.9% of total assets), and 70.4% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Solvency, return and age of the figures
Solvency
29.6%
Return on assets
3.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
26 d early
2023
47 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

On 14 February 2023, MCYS was incorporated as a Public limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,343
2023 · -€4,377
Working capital
-€85,685▲ 6.8%
2023 · -€91,981
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€4,369--€3,517▲ 19.5%
Net result-€4,377below the sector's middle half-€8,343within the sector's middle half
Equity€57,623below the sector's middle half-€65,965below the sector's middle half▲ 14.5%
Total assets€151,071below the sector's middle half-€223,052below the sector's middle half▲ 47.6%
Debt€93,448-€157,086▲ 68.1%
Working capital-€91,981within the sector's middle half--€85,685within the sector's middle half▲ 6.8%
Solvency38.1%within the sector's middle half-29.6%within the sector's middle half▼ 8.6pp
Current ratio0.01below the sector's middle half-0.45below the sector's middle half▲ 0.44
Return on assets (ROA)-2.9%below the sector's middle half-3.7%within the sector's middle half▲ 6.6pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2023: -€4,369-€4,369Net result 2023: -€4,377-€4,377Operating result 2024: -€3,517-€3,517Net result 2024: €8,343€8,34320232024-€5,000€0€5,000€10,000Operating result 2023: -€4,369-€4,370Net result 2023: -€4,377-€4,380Operating result 2024: -€3,517-€3,520Net result 2024: €8,343€8,34020232024
The operating result stays negative: a loss of €3,517 in 2024 against €4,369 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €223,052
Fixed assets €151,650 ▲ 1.1%
Current assets €71,402 ▲ 6,570%
Equity and liabilities €223,052
Equity €65,965 ▲ 14.5%
Debt €157,086 ▲ 68.1%
Debt's share of the balance-sheet total rises from 61.9% to 70.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
2.38▲
2023 · 1.62
ROE
12.6%▲
2023 · -7.6%
Debt ≤ 1 year
€157,086▲
2023 · €93,052
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€151,071€223,052▲
Fixed assets21/28€150,000€151,650▲
Financial fixed assets28€150,000€151,650▲
Current assets29/58€1,071€71,402▲
Amounts receivable within one year40/41€803€4,751▲
Trade receivables40-€2,770
Other amounts receivable41€803€1,981▲
Cash at bank and in hand54/58€268€66,651▲
Equity and liabilities
Total equity and liabilities10/49€151,071€223,052▲
Equity10/15€57,623€65,965▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13-€620
Non-distributable reserves130/1-€620
Legal reserve130-€620
Profit (loss) carried forward14-€4,377€3,345▲
Amounts payable17/49€93,448€157,086▲
Amounts payable within one year42/48€93,052€157,086▲
Trade debts44€301€335▲
Suppliers440/4€301€335▲
Other amounts payable47/48€92,751€156,751▲
Accrued charges and deferred income492/3€396-
Income statement Code20232024
Other operating charges640/8€396€3,158▲
Gross operating margin9900-€3,973-€359▲
Operating profit (loss)9901-€4,369-€3,517▲
Financial income75/76B-€12,000
Recurring financial income75-€12,000
Financial charges65/66B€8€140▲
Recurring financial charges65€8€140▲
Profit (loss) for the period before taxes9903-€4,377€8,343▲
Profit (loss) for the period9904-€4,377€8,343▲
Profit (loss) for the period to be appropriated9905-€4,377€8,343▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4,377€3,965▲
Profit (loss) brought forward from the previous period14P--€4,377
Transfer to equity691/2-€620
To the legal reserve6920-€620

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€396€3,158▲ 697%
Gross operating margin9900-€3,973-€359▲ 91.0%
Operating profit (loss)9901-€4,369-€3,517▲ 19.5%
Financial income75/76B-€12,000-
Recurring financial income75-€12,000-
Financial charges65/66B€8€140▲ 1,621%
Recurring financial charges65€8€140▲ 1,621%
Profit (loss) for the period before taxes9903-€4,377€8,343▲ 291%
Profit (loss) for the period9904-€4,377€8,343▲ 291%
Profit (loss) for the period to be appropriated9905-€4,377€8,343▲ 291%
Line20232024Change
Assets
Total assets20/58€151,071€223,052▲ 47.6%
Fixed assets21/28€150,000€151,650▲ 1.1%
Financial fixed assets28€150,000€151,650▲ 1.1%
Current assets29/58€1,071€71,402▲ 6,570%
Amounts receivable within one year40/41€803€4,751▲ 492%
Trade receivables40-€2,770-
Other amounts receivable41€803€1,981▲ 147%
Cash at bank and in hand54/58€268€66,651▲ 24,786%
Equity and liabilities
Total equity and liabilities10/49€151,071€223,052▲ 47.6%
Equity10/15€57,623€65,965▲ 14.5%
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13-€620-
Non-distributable reserves130/1-€620-
Legal reserve130-€620-
Profit (loss) carried forward14-€4,377€3,345▲ 176%
Amounts payable17/49€93,448€157,086▲ 68.1%
Amounts payable within one year42/48€93,052€157,086▲ 68.8%
Trade debts44€301€335▲ 11.4%
Suppliers440/4€301€335▲ 11.4%
Other amounts payable47/48€92,751€156,751▲ 69.0%
Accrued charges and deferred income492/3€396--
Line20232024Change
Profit (loss) for the period9904-€4,377€8,343▲ 291%
Operating cash flow (approximation)-€4,377€8,343▲ 291%
Investment in fixed assets (approximation)--€1,650-
Change in cash-€66,383-

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

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Timeline · acts, filings and financial milestones

2025
05-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €8,343
Net result €8,343 after one loss-making year.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Visé · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,288 m²
Building footprint
88 m²
Parcel 62024A0103/00E002, Wallonia. Linked by address, not a title deed.
1 establishment unit
MCYS
Rue Derrière les Jardins(CHE) 31, 4602 ViséHoldings
since 20232.342.279.586
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62024A0103/00E002 Wallonia 1,288 m² 1 · 88 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings · 3 subsidiaries in the tree

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

All subsidiaries, including indirect ones 3

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2024 annual accounts of MCYS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 39,439 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded14-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798437880
Registered 21-12-2025

Register as of 28 September 2026 · Peppol Directory

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