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MPC SERVICES

Active
Private limited company (pre-2019)founded 2005active for 21 yearsLeuerbroek (Oph) 1064, 3640 Kinrooi, BelgiumKBO/BCE: BE 0873.648.712
Summary

MPC SERVICES has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,977 and a net result of €12,370. Equity is growing by about 8.9% per year across the filed financial years. Its solvency ranks better than 68% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€91,977▲ 15.5%
2024 · €79,607
Total assets
€146,975▲ 11.1%
2024 · €132,281
Net result
€12,370▲ 54.8%
2024 · €7,992
Working capital
€52,294▼ 15.6%
2024 · €61,974
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has risen four years in a row; 2025 is 39% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€20,478 2025 Net result€12,370 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€20,833-€12,977▼ 37.7%-€2,637€7,451€12,174▲ 63.4%€14,680▲ 20.6%€20,478▲ 39.5%
Net result€12,769-€7,782within the sector's middle half▼ 39.1%-€1,790below the sector's middle half€4,476within the sector's middle half€6,755within the sector's middle half▲ 50.9%€7,992within the sector's middle half▲ 18.3%€12,370within the sector's middle half▲ 54.8%
Equity€54,392-€62,174below the sector's middle half▲ 14.3%€60,384below the sector's middle half▼ 2.9%€64,860within the sector's middle half▲ 7.4%€71,615within the sector's middle half▲ 10.4%€79,607within the sector's middle half▲ 11.2%€91,977within the sector's middle half▲ 15.5%
Total assets€99,612-€106,522below the sector's middle half▲ 6.9%€98,267below the sector's middle half▼ 7.7%€120,286within the sector's middle half▲ 22.4%€112,146within the sector's middle half▼ 6.8%€132,281within the sector's middle half▲ 18.0%€146,975within the sector's middle half▲ 11.1%
Debt€45,220-€44,348▼ 1.9%€37,883▼ 14.6%€55,426▲ 46.3%€40,531▼ 26.9%€52,674▲ 30.0%€54,998▲ 4.4%
Working capital€25,598-€31,680below the sector's middle half▲ 23.8%€33,803below the sector's middle half▲ 6.7%€45,283within the sector's middle half▲ 34.0%€55,302within the sector's middle half▲ 22.1%€61,974within the sector's middle half▲ 12.1%€52,294within the sector's middle half▼ 15.6%
Solvency54.6%-58.4%within the sector's middle half▲ 3.8pp61.4%within the sector's middle half▲ 3.1pp53.9%within the sector's middle half▼ 7.5pp63.9%within the sector's middle half▲ 9.9pp60.2%within the sector's middle half▼ 3.7pp62.6%within the sector's middle half▲ 2.4pp
Current ratio1.57-1.73within the sector's middle half▲ 0.161.91within the sector's middle half▲ 0.191.82within the sector's middle half▼ 0.102.44within the sector's middle half▲ 0.622.24within the sector's middle half▼ 0.202.00within the sector's middle half▼ 0.24
Return on assets (ROA)12.8%-7.3%within the sector's middle half▼ 5.5pp-1.8%below the sector's middle half▼ 9.1pp3.7%within the sector's middle half▲ 5.5pp6.0%within the sector's middle half▲ 2.3pp6.0%within the sector's middle half=8.4%within the sector's middle half▲ 2.4pp
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146,975
Fixed assets €42,385 ▲ 108%
Current assets €104,590 ▼ 6.6%
Equity and liabilities €146,975
Equity €91,977 ▲ 15.5%
Debt €54,998 ▲ 4.4%
Debt's share of the balance-sheet total falls from 39.8% to 37.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32,679▲
2024 · €21,736
Cash flow
€24,571▲
2024 · €15,048
Quick ratio
1.99▼
2024 · 2.19
Debt to equity
0.60▼
2024 · 0.66
ROE
13.4%▲
2024 · 10.0%
Interest coverage
10.95▲
2024 · 7.36
Debt ≤ 1 year
€52,296▲
2024 · €49,951
Income taxes
€5,125▲
2024 · €3,737
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,373 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,373 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€132,281€146,975▲
Fixed assets21/28€20,356€42,385▲
Tangible fixed assets22/27€20,356€42,385▲
Land and buildings22€6,588€4,392▼
Plant, machinery and equipment23€12,674€28,644▲
Furniture and vehicles24€1,094€9,349▲
Current assets29/58€111,925€104,590▼
Stocks and contracts in progress3€2,600€689▼
Stocks30/36€2,600€689▼
Amounts receivable within one year40/41€55,645€71,475▲
Trade receivables40€34,606€56,475▲
Other amounts receivable41€21,039€15,000▼
Cash at bank and in hand54/58€53,680€32,425▼
Equity and liabilities
Total equity and liabilities10/49€132,281€146,975▲
Equity10/15€79,607€91,977▲
Contributions10/11€30,000€30,000=
Reserves13€49,607€61,977▲
Non-distributable reserves130/1€3,000€3,000=
Reserves not available under the articles1311€3,000€3,000=
Distributable reserves133€46,607€58,977▲
Amounts payable17/49€52,674€54,998▲
Amounts payable within one year42/48€49,951€52,296▲
Trade debts44€10,412€9,638▼
Suppliers440/4€10,412€9,638▼
Taxes, remuneration and social security45€3,737€4,133▲
Taxes450/3€3,737€4,133▲
Other amounts payable47/48€35,802€38,526▲
Accrued charges and deferred income492/3€2,724€2,702▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,056€12,201▲
Other operating charges640/8€449€462▲
Gross operating margin9900€22,185€33,141▲
Operating profit (loss)9901€14,680€20,478▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€2,952€2,984▲
Recurring financial charges65€2,952€2,984▲
Profit (loss) for the period before taxes9903€11,728€17,495▲
Income taxes67/77€3,737€5,125▲
Profit (loss) for the period9904€7,992€12,370▲
Profit (loss) for the period to be appropriated9905€7,992€12,370▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,992€12,370▲
Transfer to equity691/2€7,992€12,370▲
To other reserves6921€7,992€12,370▲

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

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,536€6,798€7,902€7,929€7,371€7,056€12,201▲ 72.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€2,188---
Other operating charges640/8--€416€410€446€449€462▲ 2.8%
Gross operating margin9900€27,890€20,123€5,681€15,789€22,179€22,185€33,141▲ 49.4%
Operating profit (loss)9901€20,833€12,977-€2,637€7,451€12,174€14,680€20,478▲ 39.5%
Financial income75/76B--€2,309€34€7-€1-
Recurring financial income75€22€0€2,309€34€7-€1-
Financial charges65/66B--€1,463€1,645€2,264€2,952€2,984▲ 1.1%
Recurring financial charges65€1,673€1,424€1,463€1,645€2,264€2,952€2,984▲ 1.1%
Profit (loss) for the period before taxes9903€19,182€11,554-€1,790€5,840€9,917€11,728€17,495▲ 49.2%
Income taxes67/77€6,413€3,772-€1,364€3,162€3,737€5,125▲ 37.2%
Profit (loss) for the period9904€12,769€7,782-€1,790€4,476€6,755€7,992€12,370▲ 54.8%
Profit (loss) for the period to be appropriated9905€12,769€7,782-€1,790€4,476€6,755€7,992€12,370▲ 54.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€99,612€106,522€98,267€120,286€112,146€132,281€146,975▲ 11.1%
Fixed assets21/28€28,794€31,364€27,505€19,577€18,392€20,356€42,385▲ 108%
Tangible fixed assets22/27€28,794€31,364€27,505€19,577€18,392€20,356€42,385▲ 108%
Land and buildings22--€13,517€10,980€8,784€6,588€4,392▼ 33.3%
Plant, machinery and equipment23--€13,548€8,267€9,388€12,674€28,644▲ 126%
Furniture and vehicles24--€440€330€220€1,094€9,349▲ 754%
Current assets29/58€70,818€75,159€70,762€100,710€93,755€111,925€104,590▼ 6.6%
Stocks and contracts in progress3€1,541€716€849€1,345€1,525€2,600€689▼ 73.5%
Stocks30/36--€849€1,345€1,525€2,600€689▼ 73.5%
Amounts receivable within one year40/41€16,968€12,805€26,342€63,465€50,548€55,645€71,475▲ 28.4%
Trade receivables40--€18,368€38,168€13,746€34,606€56,475▲ 63.2%
Other amounts receivable41--€7,973€25,297€36,802€21,039€15,000▼ 28.7%
Cash at bank and in hand54/58€52,309€61,637€43,571€35,900€41,681€53,680€32,425▼ 39.6%
Equity and liabilities
Total equity and liabilities10/49€99,612€106,522€98,267€120,286€112,146€132,281€146,975▲ 11.1%
Equity10/15€54,392€62,174€60,384€64,860€71,615€79,607€91,977▲ 15.5%
Contributions10/11€30,000€30,000€30,000€30,000€30,000€30,000€30,000=
Reserves13€24,392€32,174€32,174€34,860€41,615€49,607€61,977▲ 24.9%
Non-distributable reserves130/1--€3,000€3,000€3,000€3,000€3,000=
Reserves not available under the articles1311--€3,000€3,000€3,000€3,000€3,000=
Distributable reserves133--€29,174€31,860€38,615€46,607€58,977▲ 26.5%
Profit (loss) carried forward14---€1,790-----
Amounts payable17/49€45,220€44,348€37,883€55,426€40,531€52,674€54,998▲ 4.4%
Amounts payable within one year42/48€45,220€43,478€36,959€55,426€38,453€49,951€52,296▲ 4.7%
Trade debts44€9,892€12,401€1,049€13,533€2,496€10,412€9,638▼ 7.4%
Suppliers440/4--€1,049€13,533€2,496€10,412€9,638▼ 7.4%
Taxes, remuneration and social security45--€396€4,431-€3,737€4,133▲ 10.6%
Taxes450/3--€396€4,431-€3,737€4,133▲ 10.6%
Other amounts payable47/48--€35,514€37,463€35,956€35,802€38,526▲ 7.6%
Accrued charges and deferred income492/3--€924-€2,079€2,724€2,702▼ 0.8%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€12,769€7,782-€1,790€4,476€6,755€7,992€12,370▲ 54.8%
+ Depreciation and write-downs630€6,536€6,798€7,902€7,929€7,371€7,056€12,201▲ 72.9%
Operating cash flow (approximation)€19,305€14,580€6,112€12,405€14,126€15,048€24,571▲ 63.3%
Investment in fixed assets (approximation)--€9,368-€4,044€0-€6,186-€9,020-€34,230▼ 279%
Change in cash-€9,328-€18,066-€7,671€5,781€11,999-€21,254-

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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Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 17-04-2026 2026-00088911
30-09-2024 micro format 29-04-2025 2025-00080198
30-09-2023 micro format 29-04-2024 2024-00077312
30-09-2022 micro format 27-04-2023 2023-00072507
30-09-2021 abbreviated format 28-04-2022 2022-20014301
30-09-2020 abbreviated format 29-04-2021 2021-13000078
30-09-2019 abbreviated format 30-04-2020 2020-11200191
30-09-2018 abbreviated format 08-04-2019 2019-09500243
30-09-2017 abbreviated format 30-03-2018 2018-08900481
30-09-2016 abbreviated format 13-03-2017 2017-06200572

Show all 20 filings

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Of the 693 active companies whose main activity is coating of metals (NACE 25510), figures are known for 412. 280 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.