MnC
ActiveMnC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €213k and a net result of €20k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 19% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-1
Solvency43▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 2.43 in 2024; short-term debt: 69% and cash: 0.3% of total assets), and 82% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
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
18%
Return on assets
1.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 7692 sector peers (2025).
NBB · sector comparisonPosition among 7692 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
2 d early
2022
1 d early
2021
9 d late
2020
1 d late
2019
11 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€213k▲ 10.5%
2024 · €193k
2019: €162k
2020: €159k
2021: €162k
2022: €171k
2023: €183k
2024: €193k
2019 → 2025
Total assets
€1.19M▲ 20.0%
2024 · €989k
2019: €879k
2020: €794k
2021: €789k
2022: €954k
2023: €688k
2024: €989k
2019 → 2025
Net result
€20k▲ 102%
2024 · €10k
2019: €13k
2020: €-3k
2021: €3k
2022: €9k
2023: €12k
2024: €10k
2019 → 2025
Working capital
€95k▼ 76.5%
2024 · €404k
2019: €146k
2020: €119k
2021: €115k
2022: €110k
2023: €56k
2024: €404k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€171k▲ 5.3%€183k▲ 7.3%€193k▲ 5.5%€213k▲ 10.5%
Operating result€104k-€31k▼ 69.7%€40k▲ 28.3%€31k▼ 24.2%€50k▲ 65.2%
Net result€3k-€9k▲ 181%€12k▲ 43.8%€10k▼ 19.3%€20k▲ 102%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 65% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€273k▼ 9.6%
Current assets
€914k▲ 33.0%
Equity and liabilities €1.19M
Equity
€213k▲ 10.5%
Debt
€973k▲ 22.3%
The debt ratio rises from 80.5% to 82.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79k▲
2024 · €59k
Cash flow
€49k▲
2024 · €38k
Solvency
18.0%▼
2024 · 19.5%
Current ratio
1.12▼
2024 · 2.43
Quick ratio
0.83▲
2024 · 0.78
Debt / equity
4.56▲
2024 · 4.12
ROE
9.5%▲
2024 · 5.2%
ROA
1.7%▲
2024 · 1.0%
Interest coverage
2.63▼
2024 · 2.88
Debt
€973k▲
2024 · €796k
Debt ≤ 1 year
€819k▲
2024 · €284k
Debt > 1 year
€154k▼
2024 · €512k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€989k€1.19M▲
Fixed assets21/28€302k€273k▼
Tangible fixed assets22/27€302k€273k▼
Land and buildings22€289k€265k▼
Furniture and vehicles24€12k€7k▼
Current assets29/58€688k€914k▲
Stocks and contracts in progress3€466k€231k▼
Stocks30/36€466k€231k▼
Amounts receivable within one year40/41€218k€678k▲
Trade receivables40€146k€610k▲
Other amounts receivable41€72k€68k▼
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€1k€1k=
Equity and liabilities
Total equity and liabilities10/49€989k€1.19M▲
Equity10/15€193k€213k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€173k€193k▲
Amounts payable17/49€796k€973k▲
Amounts payable after more than one year17€512k€154k▼
Financial debts170/4€512k€154k▼
Amounts payable within one year42/48€284k€819k▲
Current portion of amounts payable after more than one year42€41k€487k▲
Financial debts43€12k€214▼
Credit institutions430/8€12k€214▼
Trade debts44€65k€5k▼
Suppliers440/4€65k€5k▼
Taxes, remuneration and social security45€25k€87k▲
Taxes450/3€6k€87k▲
Remuneration and social security454/9€19k-
Other amounts payable47/48€140k€240k▲
Accrued charges and deferred income492/3€525€525=
Income statement
Code20242025
Remuneration, social security and pensions62€60k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k▲
Other operating charges640/8€12k€2k▼
Gross operating margin9900€131k€82k▼
Operating profit (loss)9901€31k€50k▲
Financial charges65/66B€20k€30k▲
Recurring financial charges65€20k€30k▲
Profit (loss) for the period before taxes9903€10k€20k▲
Profit (loss) for the period9904€10k€20k▲
Profit (loss) for the period to be appropriated9905€10k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€173k€193k▲
Profit (loss) brought forward from the previous period14P€163k€173k▲
Social balance
Average headcount (FTE)90871.4-
The notes to these accounts (7 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €20k ▲102%
Net result €20k, the highest in the series.
30-06
Financial
Equity above €200kEq €213k ▲10.5%
5 profitable years in a row build equity to €213k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Liquidity doublescurrent ratio 2.43
Current ratio from 1.18 to 2.43; short-term debt falls from €306k to €284k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Weakest financial yearnet €-3k ▼120%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
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
13 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, Eeklo · 1 establishment unit since 2008
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.
Zandvleuge 749900 EekloGround area
808 m²
Building footprint
478 m²
Volume, LiDAR
2,439 m³
Parcel 43005B0547/00D002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MnC
since 20082.173.154.940
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005B0547/00D002 | Flanders | 808 m² | 1 · 478 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 · 1 entry · 678 EUR awarded · 635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 678 EUR | 635 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,524 companies in sector 43222 we hold annual accounts for 5,657. 4,771 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-07-2008
Fiscal year end30-06
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.renotechnics.be
E-mail:info@renotechnics.be