MPC SERVICES
ActiveSummary
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 has been growing by about 8.9% per year since 2019. Its solvency ranks better than 68% of 2,332 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-05-2005 Normal situation
- Activity
- Coating of metals NACE 25510and 1 other
- Establishment unit
- 2.147.216.150 3640 Kinrooi, since 04-05-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 23-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 30-09-2025
- Gross margin
- €33,141
- ▲ 49.4%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €12,370
- ▲ 54.8%
- Equity
- €91,977
- ▲ 15.5%
- Total assets
- €146,975
- ▲ 11.1%
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskLiquidity: current ratio 2.00, cash €32,425Founded in 2005Equity €91,977 (62.6% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2024
Strong
Solvency
88+3
equity 62.6% of total assets
Liquidity
62-21
short-term debt 35.6% · cash 22.1%
Profitability
79+3
return on assets 8.4%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest 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 03-2025highest value
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 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.0 (2.24 in 2024), above the usual 1.5. Short-term debt is 35.6% and cash 22.1% of total assets. 37.4% of the assets are financed with debt and provisions.
Calculation
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 25, micro). It does better than 67% of them on solvency, 62% on liquidity, 61% on profitability and 66% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-04-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 days early
2024
1 day early
2023
1 day early
2022
3 days early
2021
2 days early
2020
1 day early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end04-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-04-2026 PDF all 20 filings
Turnover
≈ €130,000
Estimated: probably between €80,000 and €240,000
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
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€20,478
▲ 39.5%
2025
20192025
Net result
€12,370
▲ 54.8%
2025
middle half of the sector
20192025
Equity
€91,977
▲ 15.5%
2025
middle half of the sector
20192025
Total assets
€146,975
▲ 11.1%
2025
middle half of the sector
20192025
Debt
€54,998
▲ 4.4%
2025
20192025
Working capital
€52,294
▼ 15.6%
2025
middle half of the sector
20192025
Solvency
62.6%
▲ 2.4pp
2025
middle half of the sector
20192025
Current ratio
2.00
▼ 0.24
2025
middle half of the sector
20192025
Return on assets (ROA)
8.4%
▲ 2.4pp
2025
middle half of the sector
20192025
Every figure per financial year
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 sector band is the middle half of the companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 39% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
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
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.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,044 | - | €6,186 | €9,020 | €34,230 |
| Depreciation and write-downs of the year | €7,902 | €7,929 | €7,371 | €7,056 | €12,201 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as MPC SERVICES has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MPC SERVICES itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 31,368 companies, not a prediction for MPC SERVICES. 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.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Board & ownership
Directors
Directors
1 director
Cox Maria Paula
Current
Director · listed in the 2025 annual accounts, filed on 17-04-2026
Owners and capital
Owners
Network & group
MPC SERVICES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MPC SERVICES. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
17-04
micro format · 13 days before the deadline
2025
29-04
micro format · 1 day before the deadline
2024
29-04
micro format · 1 day before the deadline
2023
27-04
micro format · 3 days before the deadline
2022
30-09
Financial
Back to profitnet €4,476
The net result is €4,476, after one loss-making year.
28-04
abbreviated format · 2 days before the deadline
2021
30-09
Financial
Weakest financial yearnet -€1,790
The net result drops to -€1,790, the lowest from 2019 to 2025. It recovers the following year.
29-04
abbreviated format · 1 day before the deadline
2020
30-04
abbreviated format · on the deadline day
2019
08-04
abbreviated format · 22 days before the deadline
2018
30-03
abbreviated format · 31 days before the deadline
2017
13-03
abbreviated format · 48 days before the deadline
2005
13-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MPC SERVICES in Dutch
Enterprise number
0873.648.712
Legal form
Private limited company (pre-2019)
Status
Active, normale toestand
Founded
04-05-2005
Entity type
Legal entity
Registered office and establishments
Registered office
Leuerbroek (Oph) 1064, 3640 Kinrooi, Belgium
Establishment unit
MPC SERVICES, Leuerbroek (Oph) 1064, 3640 Kinrooi since 04-05-2005 · unit number 2.147.216.150
E-mail
mpc.services@skynet.be
Activities
NACEBEL 202525510
Coating of metals main activity
71111
Activities of building architects
Codes under NACEBEL 2008
25610
Manufacture of fabricated metal products, except machinery and equipment main activity
71111
Architectural and engineering activities; technical testing and analysis
Codes under NACEBEL 2003
28510
main activity
74201
Invoicing and payment
VAT number
BE 0873.648.712
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Sites & property
Location
Buildings and parcels at the address
Ground area
5,456 m²
Building footprint
2,876 m²
Building volume
16,744 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72026C0335/00F000 | Flanders | 5,456 m² | 1 · 2,876 m² | 8.0 m · 2 |