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MPC PROPERTIES

Active
Private limited companyfounded 200421 yrs activeMeesterstraat 123, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0869.770.096

MPC PROPERTIES has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104k and a net result of €21k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+2
Solvency48▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.44 against 0.76 in 2023; short-term debt: 20.6% and cash: 0.4% of total assets), and 77.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
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
22.7%
Return on assets
4.6%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 145 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-05-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
30 d late
2023
31 d late
2022
26 d late
2021
55 d late
2020
62 d late
2019
89 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Equity
€104k▲ 25.2%
2023 · €83k
2018: €75k 2019: €73k 2020: €79k 2021: €92k 2022: €97k 2023: €83k
2018 → 2024
Total assets
€458k▼ 11.7%
2023 · €518k
2018: €619k 2019: €576k 2020: €565k 2021: €552k 2022: €496k 2023: €518k
2018 → 2024
Net result
€21k▲ 83.3%
2023 · €11k
2018: €22k 2019: €23k 2020: €25k 2021: €27k 2022: €23k 2023: €11k
2018 → 2024
Working capital
€-52k▼ 156%
2023 · €-21k
2018: €56k 2019: €49k 2020: €34k 2021: €36k 2022: €15k 2023: €-21k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€79k-€92k▲ 15.5%€97k▲ 6.1%€83k▼ 14.7%€104k▲ 25.2%
Operating result€42k-€41k▼ 2.0%€41k▼ 0.6%€26k▼ 37.5%€39k▲ 51.4%
Net result€25k-€27k▲ 7.2%€23k▼ 14.8%€11k▼ 49.5%€21k▲ 83.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €42k€42kNet result 2020: €25k€25kOperating result 2021: €41k€41kNet result 2021: €27k€27kOperating result 2022: €41k€41kNet result 2022: €23k€23kOperating result 2023: €26k€26kNet result 2023: €11k€11kOperating result 2024: €39k€39kNet result 2024: €21k€21k20202021202220232024
The operating result recovers in 2024; 2024 is 51% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €458k
Fixed assets €416k▼ 8.3%
Current assets €42k▼ 35.3%
Equity and liabilities €458k
Equity €104k▲ 25.2%
Provisions €123k▼ 30.7%
Debt €231k▼ 10.5%
The debt ratio rises from 49.8% to 50.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€76k
2023 · €63k
Cash flow
€59k
2023 · €49k
Solvency
22.7%
2023 · 16.0%
Current ratio
0.44
2023 · 0.76
Quick ratio
0.44
2023 · 0.76
Debt / equity
2.23
2023 · 3.11
ROE
20.1%
2023 · 13.8%
ROA
4.6%
2023 · 2.2%
Interest coverage
8.36
2023 · 8.36
Debt
€231k
2023 · €258k
Debt ≤ 1 year
€94k
2023 · €85k
Debt > 1 year
€137k
2023 · €173k
Income taxes
€10k
2023 · €7k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€518k€458k
Fixed assets21/28€454k€416k
Tangible fixed assets22/27€454k€416k
Land and buildings22€406k€384k
Plant, machinery and equipment23€3k-
Furniture and vehicles24€42k€31k
Other tangible fixed assets26€2k-
Current assets29/58€65k€42k
Amounts receivable within one year40/41€55k€30k
Trade receivables40€55k€30k
Current investments50/53€9k€10k
Cash at bank and in hand54/58€950€2k
Equity and liabilities
Total equity and liabilities10/49€518k€458k
Equity10/15€83k€104k
Contributions10/11€6k€6k=
Reserves13€66k€86k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€64k€64k=
Distributable reserves133-€20k
Profit (loss) carried forward14€11k€12k
Provisions and deferred taxes16€177k€123k
Provisions for liabilities and charges160/5€177k€123k
Other liabilities and charges164/5€177k€123k
Amounts payable17/49€258k€231k
Amounts payable after more than one year17€173k€137k
Financial debts170/4€173k€137k
Amounts payable within one year42/48€85k€94k
Current portion of amounts payable after more than one year42€22k€57k
Financial debts43€8k€4k
Credit institutions430/8€8k€4k
Trade debts44€31k€6k
Suppliers440/4€31k€6k
Taxes, remuneration and social security45€24k€27k
Taxes450/3€24k€27k
Accrued charges and deferred income492/3€75€158
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k=
Other operating charges640/8€5k€5k
Gross operating margin9900€68k€82k
Operating profit (loss)9901€26k€39k
Financial income75/76B€122€1k
Recurring financial income75€122€1k
Financial charges65/66B€8k€9k
Recurring financial charges65€8k€9k
Profit (loss) for the period before taxes9903€18k€31k
Income taxes67/77€7k€10k
Profit (loss) for the period9904€11k€21k
Profit (loss) for the period to be appropriated9905€11k€21k
Appropriation of the result
Profit (loss) to be appropriated9906€36k€31k
Profit (loss) brought forward from the previous period14P€25k€11k
Transfer to equity691/2-€20k
To other reserves6921-€20k
Profit to be distributed694/7€26k-
Return on contributions (dividend)694€26k-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-09
Financial Equity above €100kEq €104k ▲25.2%
7 profitable years in a row build equity to €104k.
31-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
Financial Weakest financial yearnet €11k ▼49.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
26-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
24-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 55 days late
2021
30-09
Financial Highest result since 2018net €27k ▲7.2%
Net result €27k, the highest in the series.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
02-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-05
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Sint-Niklaas · 1 establishment unit since 2004
establishment The establishment unit on the map
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.

Meesterstraat 1239100 Sint-Niklaas
Ground area
1,797 m²
Building footprint
163 m²
Volume, LiDAR
807 m³
Parcel 46017B0310/00N000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MPC PROPERTIES
Meesterstraat 123, 9100 Sint-NiklaasNACE 74142
since 20042.144.606.454
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46017B0310/00N000 Flanders 1,797 m² 1 · 163 m² 8.4 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.

Recognitions · licences · registrations

Legal Entity Identifier

894500DCUS6UO523XV02
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,716 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-11-2004
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.