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MF-CCM

Active
Non-profit associationfounded 2003active for 23 yearsGrote Markt 21, 2800 Mechelen, Belgium11 active companies are registered at this addressKBO/BCE: BE 0881.008.933
Summary

MF-CCM has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183,024 and a net result of €74,734. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 46% of 624 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Specialised image, lighting and sound technical services
NACE 90393Promotion and organisation of arts and performing arts events NACE 90391
1 site
Size
€478,539total assets 2025
Staff
4.5 FTE
Equity
€183,024
Surplus
€74,734
Turnover not published (abbreviated format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
5 members
Accounts 70 days early1 of 15 deeds read
Why 96raises riskSize: 4.5 FTE, total assets €478,539lowers riskLegal form: non-profit associationLiquidity: current ratio 1.62, cash €182,068Sector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 90, micro)
Financial strength · tick = 2024
Strong
Solvency 63+8
equity 38.2% of total assets
Liquidity 65+3
short-term debt 61.8% · cash 38.0%
Profitability 88+8
return on assets 15.6%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,412 companies, NACE 90, micro)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.62, compared with 1.41 in 2024; short-term debt: 61.8% and cash: 38% of total assets), but 61.8% 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 90, micro): better than 43% on solvency, 55% on liquidity, 73% on profitability and 87% on growth.

The bankruptcy probability was computed on 12-10-2026 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).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 1.62, cash €182,068
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Size: 4.5 FTE, total assets €478,539
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €183,024
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
70 days early
2024
57 days early
2023
68 days early
2022
88 days early
2021
89 days early
2020
101 days early
2019
227 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Steven Lemmens, Ilse Thienpont and…Resignations: Kim Brooks (lid raad…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Equity above €150,000equity €183,024 ▲67.3%

Key points

  • Positive: Equity rose in 2025from €109,426 to €183,024 ▲ 67.3% View
  • Board changedlatest change 30-03-2026 · 5 in office 5 joined · 2 left View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€478,539
Profit
€74,734
Solvency
38.2%
Total assets▲ 32.5%
Net result
20182025
Go to Financials

Board & ownership

Board
5 members
  • Annelien Van DammeDirector
  • Danny HuygelenDirector
  • Ilse ThienpontDirector
  • Steven LemmensDirector
  • Tarik Van RompaeyDirector
Go to Board & ownership

Timeline

Events
29
Since
2006
Next accounts
by 31-07-2027
  1. 04-06-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Specialised image, lighting and sound technical servicesNACE 90393
Founded
22-07-2003
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
41
Purpose
“MF-CCM is in de bruisende stad Mechelen actief als coördinator, facilitator, organisator…” (deed in Dutch)
Go to Articles of association

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