Turnover
The abbreviated format states no turnover.
The abbreviated format states no turnover.
The last five annual accounts were filed 35 to 67 days before the end of the period.
Lower net result than 85% of companies in computer programming and consultancy. Sector median €22,924 · 3,405 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 62, micro). It does better than 40% of them on solvency, 31% on liquidity, 17% on profitability and 36% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,686 companies had the same profile as MKCom has now. Each dot stands for 7 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MKCom itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,686 companies, not a prediction for MKCom. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.23 (0.35 in 2024), below 1. Short-term debt is 8.1% and cash 0.5% of total assets. 53.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| MKCom Waregem | €1.5m | €47,563 | 46.5% | - |
| DIGITALISTIX Ranst | €1.5m | €47,622 | 70.6% | - |
| Progressive IT Systems Essen | €1.5m | €41,978 | 52.1% | - |
| Twogether Maldegem | €1.3m | €51,281 | 65.2% | - |
| Cloud Innovation Ghent | €1.3m | €52,924 | 50.2% | - |
| MACONIT Heusden-Zolder | €1.2m | €53,081 | 98.1% | - |
| IT MATCH Hasselt | €1.6m | €41,682 | 45.0% | - |
These companies have the same main activity as MKCom: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1.2m and €1.6m, founded between 2006 and 2012.
MKCom files the abbreviated format. That format states no turnover. The gross margin rose from €38,881 in 2011 to €47,563 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €230,000.
Higher than 50% of 3,405 companies in 2025.
Higher than 5% of 3,266 companies in 2025.
Higher than 23% of 3,314 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
1.5m | 1.5m | 1.6m | 1.6m | 1.6m | 1.3m | 1.1m | 646,629 | 612,011 | 235,766 | 219,670 | 203,456 | 210,079 | 212,113 | 212,324 | |
21/28 |
1.5m | 1.5m | 1.5m | 1.5m | 1.4m | 921,125 | 657,045 | 176,653 | 551,131 | 185,417 | 172,271 | 185,609 | 191,192 | 197,982 | 181,734 | |
22/27 |
1.2m | 1.3m | 1.3m | 1.3m | 1.2m | 671,125 | 657,045 | 176,653 | 551,131 | 185,417 | 172,271 | 185,609 | 191,192 | 197,982 | 181,734 | |
22 |
1.2m | 1.3m | 1.3m | 1.3m | 1.2m | 655,875 | 639,781 | 163,378 | 542,331 | 175,272 | 171,780 | 177,998 | 177,799 | 180,024 | 158,513 | |
23 |
1,549 | 2,843 | 2,430 | 3,564 | 4,697 | 5,831 | 6,600 | 7,700 | 8,800 | 9,900 | - | - | - | - | - | |
24 |
4,442 | 7,481 | 8,689 | 10,523 | 6,604 | 9,419 | 10,664 | 5,575 | - | 245 | 491 | 7,610 | 13,393 | 17,958 | 23,221 | |
28 |
250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | - | - | - | - | - | - | - | - | - | |
29/58 |
28,157 | 34,382 | 29,216 | 26,941 | 120,520 | 406,765 | 450,445 | 469,976 | 60,880 | 50,348 | 47,399 | 17,847 | 18,887 | 14,131 | 30,590 | |
40/41 |
21,149 | 5,495 | 18,497 | 25,741 | 49,295 | 23,827 | 9,761 | 4,920 | 14,520 | 18,727 | 16,105 | 6,712 | 8,578 | 1,837 | 3,970 | |
40 |
16,551 | 492 | 14,889 | 15,791 | 15,675 | 7,660 | 2,747 | 2,667 | 14,520 | 12,947 | 11,722 | 3,148 | 1,900 | 473 | - | |
41 |
4,598 | 5,003 | 3,608 | 9,951 | 33,620 | 16,167 | 7,014 | 2,253 | - | 5,780 | 4,383 | 3,564 | 6,678 | 1,364 | 3,970 | |
54/58 |
7,007 | 28,888 | 10,719 | 1,199 | 71,226 | 382,938 | 440,684 | 465,056 | 46,360 | 31,621 | 31,293 | 11,135 | 10,309 | 12,293 | 26,619 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
1.5m | 1.5m | 1.6m | 1.6m | 1.6m | 1.3m | 1.1m | 646,629 | 612,011 | 235,766 | 219,670 | 203,456 | 210,079 | 212,113 | 212,324 | |
10/15 |
709,138 | 733,295 | 730,283 | 724,311 | 718,864 | 678,752 | 275,619 | 233,958 | 205,340 | 205,259 | 174,212 | 136,228 | 109,486 | 72,135 | 35,970 | |
10/11 |
400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
100 |
- | - | - | - | - | 400,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
13 |
333,295 | 333,295 | 330,283 | 324,311 | 318,864 | 278,752 | 255,619 | 213,958 | 185,340 | 185,259 | 154,212 | 116,228 | 89,486 | 52,135 | 15,970 | |
130 |
- | - | - | - | - | 25,133 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
133 |
333,295 | 333,295 | 330,283 | 324,311 | 318,864 | 253,619 | 253,619 | 211,958 | 183,340 | 183,259 | 152,212 | 114,228 | 87,486 | 50,135 | 13,970 | |
14 |
-24,158 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
817,106 | 816,313 | 837,099 | 848,476 | 849,183 | 649,138 | 831,871 | 412,670 | 406,672 | 30,507 | 45,458 | 67,227 | 100,593 | 139,977 | 176,354 | |
17 |
689,859 | 713,725 | 737,320 | 760,648 | 783,711 | 496,513 | 269,354 | 291,281 | 312,899 | - | 6,814 | 32,821 | 57,198 | 82,973 | 106,173 | |
170/4 |
129,859 | 153,725 | 177,320 | 200,648 | 223,711 | 246,513 | 269,354 | 291,281 | 312,899 | - | 6,814 | 32,821 | 57,198 | 82,973 | 106,173 | |
178/9 |
560,000 | 560,000 | 560,000 | 560,000 | 560,000 | 250,000 | - | - | - | - | - | - | - | - | - | |
42/48 |
123,290 | 98,599 | 96,089 | 85,035 | 64,167 | 148,543 | 562,518 | 121,390 | 93,773 | 30,507 | 38,404 | 32,778 | 40,597 | 55,999 | 70,071 | |
42 |
23,866 | 23,595 | 23,328 | 23,063 | 22,802 | 22,543 | 21,927 | 21,618 | 21,314 | 4,814 | 14,007 | 13,377 | 12,775 | 12,200 | 7,827 | |
44 |
4,882 | 5,059 | 5,722 | 5,281 | 45 | 1,285 | 442,829 | 711 | 7,825 | 10,191 | 1,680 | 144 | 1,634 | 2,518 | 4,125 | |
440/4 |
4,882 | 5,059 | 5,722 | 5,281 | 45 | 1,285 | 442,829 | 711 | 7,825 | 10,191 | 1,680 | 144 | 1,634 | 2,518 | 4,125 | |
45 |
7,286 | 5,303 | 5,317 | 5,213 | - | 2,985 | 2,667 | 15,664 | 2,910 | 684 | 4,374 | 634 | 6,799 | 14,411 | 8,808 | |
450/3 |
5,318 | 5,303 | 5,257 | 5,213 | - | 2,985 | 2,667 | 15,664 | 2,910 | 684 | 4,374 | 634 | 6,799 | 13,204 | 8,808 | |
454/9 |
1,968 | - | 60 | - | - | - | - | - | - | - | - | - | - | 1,207 | - | |
47/48 |
87,257 | 64,642 | 61,723 | 51,478 | 41,321 | 121,730 | 95,094 | 83,397 | 61,725 | 14,818 | 18,343 | 18,623 | 19,388 | 26,870 | 49,312 | |
492/3 |
3,956 | 3,989 | 3,690 | 2,792 | 1,304 | 4,081 | - | - | - | - | 240 | 1,628 | 2,798 | 1,006 | 110 | |
| Income statement | ||||||||||||||||
76A |
- | - | - | - | - | - | - | 34,132 | - | - | - | - | - | - | - | |
9900 |
47,563 | 75,046 | 74,828 | 65,552 | 75,682 | 71,861 | 76,039 | 86,895 | 41,871 | 56,490 | 67,638 | 66,239 | 73,675 | 75,789 | 38,881 | |
630 |
44,300 | 42,322 | 40,482 | 37,130 | 29,047 | 18,759 | 13,156 | 12,505 | 29,967 | 8,643 | 6,951 | 12,001 | 11,604 | 10,781 | 11,179 | |
640/8 |
2,578 | 4,565 | 4,364 | 661 | 1,763 | 1,301 | 978 | 1,270 | 1,200 | 886 | 936 | 7,922 | 1,001 | 348 | 727 | |
9901 |
685 | 28,159 | 29,983 | 27,762 | 44,872 | 51,801 | 61,906 | 73,120 | 10,704 | 46,961 | 59,750 | 46,316 | 61,070 | 64,660 | 26,975 | |
75/76B |
29 | - | - | 170 | 45 | - | - | - | 90 | 1 | 11 | 14 | 76 | 47 | - | |
75 |
29 | - | - | 170 | 45 | - | - | - | 90 | 1 | 11 | 14 | 76 | 47 | - | |
65/66B |
24,469 | 23,841 | 23,760 | 22,307 | 4,546 | 16,001 | 8,791 | 10,194 | 7,761 | 673 | 2,725 | 4,291 | 5,115 | 8,489 | 2,230 | |
65 |
24,469 | 23,841 | 23,760 | 22,307 | 4,546 | 16,001 | 8,791 | 10,194 | 7,761 | 673 | 2,725 | 4,291 | 5,115 | 8,489 | 2,230 | |
9903 |
-23,755 | 4,318 | 6,222 | 5,625 | 40,371 | 35,799 | 53,115 | 62,926 | 3,032 | 46,289 | 57,036 | 42,039 | 56,031 | 56,218 | 24,745 | |
67/77 |
402 | 1,306 | 250 | 178 | 259 | 12,666 | 11,454 | 14,308 | 2,951 | 15,242 | 19,053 | 15,296 | 18,681 | 20,053 | 8,775 | |
9904 |
-24,158 | 3,012 | 5,972 | 5,447 | 40,112 | 23,133 | 41,661 | 48,619 | 81 | 31,047 | 37,983 | 26,742 | 37,351 | 36,165 | 15,970 | |
9905 |
-24,158 | 3,012 | 5,972 | 5,447 | 40,112 | 23,133 | 41,661 | 48,619 | 81 | 31,047 | 37,983 | 26,742 | 37,351 | 36,165 | 15,970 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-24,158 | 3,012 | 5,972 | 5,447 | 40,112 | 23,133 | 41,661 | 48,619 | 81 | 31,047 | 37,983 | 26,742 | 37,351 | 36,165 | 15,970 | |
691/2 |
- | 3,012 | 5,972 | 5,447 | 40,112 | 23,133 | 41,661 | 28,619 | 81 | 31,047 | 37,983 | 26,742 | 37,351 | 36,165 | 15,970 | |
6920 |
- | - | - | - | - | 23,133 | - | - | - | - | - | - | - | - | 2,000 | |
6921 |
- | 3,012 | 5,972 | 5,447 | 40,112 | - | 41,661 | 28,619 | 81 | 31,047 | 37,983 | 26,742 | 37,351 | 36,165 | 13,970 | |
694/7 |
- | - | - | - | - | - | - | 20,000 | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | 20,000 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 21-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 21-03-2026 | 2026-00058601 | |
| 30-09-2024 | abbreviated format | 22-02-2025 | 2025-00037897 | |
| 30-09-2023 | abbreviated format | 02-03-2024 | 2024-00037964 | |
| 30-09-2022 | abbreviated format | 11-03-2023 | 2023-00038309 | |
| 30-09-2021 | abbreviated format | 26-03-2022 | 2022-09600112 | |
| 30-09-2020 | abbreviated format | 25-01-2021 | 2021-02000010 | |
| 30-09-2019 | abbreviated format | 11-01-2020 | 2020-01000144 | |
| 30-09-2018 | abbreviated format | 26-01-2019 | 2019-03000385 | |
| 30-09-2017 | abbreviated format | 30-01-2018 | 2018-03200498 | |
| 30-09-2016 | abbreviated format | 22-03-2017 | 2017-07100099 | |
| 30-09-2015 | abbreviated format | 28-01-2016 | 2016-03600337 | |
| 30-09-2014 | abbreviated format | 14-02-2015 | 2015-04300435 | |
| 30-09-2013 | abbreviated format | 25-01-2014 | 2014-01600565 | |
| 30-09-2012 | abbreviated format | 22-12-2012 | 2012-67900399 | |
| 30-09-2011 | abbreviated format | 20-02-2012 | 2012-04400053 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44,985 | 70,481 | 70,465 | 64,892 | 73,919 | 70,559 | 75,062 | 85,625 | 40,671 | 55,603 | 66,701 | 58,317 | 72,674 | 75,442 | 38,154 | ||
| 20,142 | 45,334 | 46,455 | 42,577 | 69,159 | 41,892 | 54,817 | 61,123 | 30,048 | 39,690 | 44,934 | 38,744 | 48,955 | 46,947 | 27,149 | ||
| 27,161 | 19,381 | 32,803 | 135,449 | 555,448 | 282,838 | 493,548 | 12,382 | 395,681 | 21,789 | 736 | 6,418 | 4,814 | 27,030 | 192,913 | ||
| -21,880 | 18,169 | 9,520 | -70,027 | -311,712 | -57,746 | -24,372 | 418,696 | 14,739 | 328 | 20,158 | 826 | -1,984 | -14,326 | - | ||
| -95,134 | -64,217 | -66,873 | -58,095 | 56,353 | 258,221 | -112,072 | 348,586 | -32,893 | 19,841 | 8,994 | -14,931 | -21,710 | -41,868 | -39,482 | ||
| 46.5% | 47.3% | 46.6% | 46.1% | 45.8% | 51.1% | 24.9% | 36.2% | 33.6% | 87.1% | 79.3% | 67.0% | 52.1% | 34.0% | 16.9% | ||
| 0.23 | 0.35 | 0.30 | 0.32 | 1.88 | 2.74 | 0.80 | 3.87 | 0.65 | 1.65 | 1.23 | 0.54 | 0.47 | 0.25 | 0.44 | ||
| 1.15 | 1.11 | 1.15 | 1.17 | 1.18 | 0.96 | 3.02 | 1.76 | 1.98 | 0.15 | 0.26 | 0.49 | 0.92 | 1.94 | 4.90 | ||
| -3.4% | 0.4% | 0.8% | 0.8% | 5.6% | 3.4% | 15.1% | 20.8% | 0.0% | 15.1% | 21.8% | 19.6% | 34.1% | 50.1% | 44.4% | ||
| -1.6% | 0.2% | 0.4% | 0.3% | 2.6% | 1.7% | 3.8% | 7.5% | 0.0% | 13.2% | 17.3% | 13.1% | 17.8% | 17.1% | 7.5% | ||
| 1.84 | 2.96 | 2.97 | 2.91 | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | €177,323 | €200,648 | €223,711 |
| Debts guaranteed by Belgian public bodies | €591,627 | - | - | - |
| Mortgages, amount registered | €55,000 | €55,000 | €55,000 | - |
| Carrying value of the mortgaged assets | €120,650 | €123,717 | €126,783 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €27,161 | €19,381 | €32,803 | €135,449 |
| €44,300 | €42,322 | €40,482 | €37,130 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 98% lower than in 2024 and the lowest since 2011. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 52.7% to 53.5%. Equity is lower and debt is higher.
MKCom has no parent and no holdings in its annual accounts. MATTEN Koen is the only director. MKCom shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Waalshoekstraat 97 registered office 8792 Waregem |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34010B0071/00D000 | 3,976 m² | 1 · 159 m² | 6.5 m |
If something looks wrong or is missing, please tell us.