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MYCOR

Active
Private limited companyfounded 201511 yrs activeDr. Adriaensstraat 16, 8210 Zedelgem, BelgiumKBO/BCE: BE 0631.811.577
Summary

MYCOR has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €10k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▲+1
Solvency97▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.44 in 2024; short-term debt: 28.2% and cash: 0.1% of total assets), and 28.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.7%
Return on assets
5.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 d early
2024
2 d early
2023
163 d early
2022
89 d early
2021
125 d early
2020
166 d early
2019
95 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

History

MYCOR was incorporated on 5 June 2015.1 Total assets rose from EUR 130,995 in 2018 to EUR 197,370 in 2025 and headcount from 1 full-time equivalents in 2018 to 2.2 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2022 and 2025

Financials · fiscal year 2025, abbreviated schema

Equity
€142k▲ 8.0%
2024 · €131k
Total assets
€197k▼ 2.7%
2024 · €203k
Net result
€10k▲ 20.3%
2024 · €9k
Working capital
€-43k▼ 46.5%
2024 · €-29k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€73k▲ 298%€44k▼ 39.2%€26k▼ 41.3%€14k▼ 45.4%€17k▲ 17.4%
Net result€50k▲ 407%€29k▼ 42.7%€17k▼ 41.4%€9k▼ 48.9%€10k▲ 20.3%
Equity€77k▲ 194%€105k▲ 37.8%€122k▲ 16.1%€131k▲ 7.1%€142k▲ 8.0%
Total assets€256k▲ 57.1%€257k▲ 0.7%€203k▼ 21.2%€203k=€197k▼ 2.7%
Debt€179k▲ 31.0%€152k▼ 15.2%€80k▼ 47.1%€72k▼ 10.8%€56k▼ 22.1%
Working capital€21k▼ 15.0%€-4k€-14k▼ 267%€-29k▼ 114%€-43k▼ 46.5%
Staff (FTE)1.7▲ 70.0%2.2▲ 29.4%0▼ 100%00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €73k€73kNet result 2021: €50k€50kOperating result 2022: €44k€44kNet result 2022: €29k€29kOperating result 2023: €26k€26kNet result 2023: €17k€17kOperating result 2024: €14k€14kNet result 2024: €9k€9kOperating result 2025: €17k€17kNet result 2025: €10k€10k20212022202320242025€0€10k€20k€30kOperating result 2023: €26k€26kNet result 2023: €17k€17kOperating result 2024: €14k€14kNet result 2024: €9k€8.7kOperating result 2025: €17k€17kNet result 2025: €10k€10k202320242025
The operating result recovers in 2025; 2025 is 17% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €197k
Fixed assets €184k ▲ 2.3%
Current assets €13k ▼ 42.6%
Equity and liabilities €197k
Equity €142k ▲ 8.0%
Debt €56k ▼ 22.1%
Debt's share of the balance-sheet total falls from 35.4% to 28.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23k▲
2024 · €20k
Cash flow
€17k▲
2024 · €15k
Current ratio
0.23▼
2024 · 0.44
Debt to equity
0.39▼
2024 · 0.55
ROE
7.4%▲
2024 · 6.6%
ROA
5.3%▲
2024 · 4.3%
Interest coverage
10.65▼
2024 · 10.76
Debt ≤ 1 year
€56k▲
2024 · €52k
Debt > 1 year
€0▼
2024 · €20k
Income taxes
€4k▲
2024 · €4k
Staff costs
€0▲
2024 · €-155
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€203k€197k▼
Fixed assets21/28€180k€184k▲
Tangible fixed assets22/27€180k€184k▲
Furniture and vehicles24€18k€12k▼
Other tangible fixed assets26€163k€173k▲
Current assets29/58€23k€13k▼
Amounts receivable within one year40/41€17k€7k▼
Trade receivables40€9k€0▼
Other amounts receivable41€7k€7k▲
Cash at bank and in hand54/58€20€288▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€203k€197k▼
Equity10/15€131k€142k▲
Contributions10/11€20k€20k=
Profit (loss) carried forward14€111k€122k▲
Amounts payable17/49€72k€56k▼
Amounts payable after more than one year17€20k€0▼
Financial debts170/4€20k€0▼
Amounts payable within one year42/48€52k€56k▲
Current portion of amounts payable after more than one year42€20k€20k=
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€21k€27k▲
Accrued charges and deferred income492/3€95€245▲
Income statement Code20242025
Non-recurring operating income76A€17k€21k▲
Remuneration, social security and pensions62€-155€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€21k€24k▲
Operating profit (loss)9901€14k€17k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€12k€14k▲
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€9k€10k▲
Profit (loss) for the period to be appropriated9905€9k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€111k€122k▲
Profit (loss) brought forward from the previous period14P€102k€111k▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€10k€10k€17k€21k▲ 21.7%
Remuneration, social security and pensions62-€192k€37k€-155€0▲ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k€3k€6k€6k=
Other operating charges640/8-€3k€2k€1k€1k▼ 8.7%
Gross operating margin9900€216k€247k€69k€21k€24k▲ 11.8%
Operating profit (loss)9901€73k€44k€26k€14k€17k▲ 17.4%
Financial charges65/66B-€1k€2k€2k€2k▲ 13.3%
Recurring financial charges65€2k€1k€2k€2k€2k▲ 13.3%
Profit (loss) for the period before taxes9903€71k€43k€24k€12k€14k▲ 18.0%
Income taxes67/77€20k€14k€7k€4k€4k▲ 12.5%
Profit (loss) for the period9904€50k€29k€17k€9k€10k▲ 20.3%
Profit (loss) for the period to be appropriated9905€50k€29k€17k€9k€10k▲ 20.3%
Line20212022202320242025Change
Assets
Total assets20/58€256k€257k€203k€203k€197k▼ 2.7%
Fixed assets21/28€136k€169k€176k€180k€184k▲ 2.3%
Tangible fixed assets22/27€136k€169k€176k€180k€184k▲ 2.3%
Furniture and vehicles24-€27k€24k€18k€12k▼ 34.8%
Other tangible fixed assets26-€142k€152k€163k€173k▲ 6.3%
Current assets29/58€120k€88k€27k€23k€13k▼ 42.6%
Amounts receivable within one year40/41€18k€17k€26k€17k€7k▼ 55.4%
Trade receivables40-€9k€10k€9k€0▼ 100%
Other amounts receivable41-€7k€16k€7k€7k▲ 2.8%
Cash at bank and in hand54/58€102k€71k€287€20€288▲ 1,362%
Deferred charges and accrued income490/1-€159€173€6k€5k▼ 9.9%
Equity and liabilities
Total equity and liabilities10/49€256k€257k€203k€203k€197k▼ 2.7%
Equity10/15€77k€105k€122k€131k€142k▲ 8.0%
Contributions10/11-€20k€20k€20k€20k=
Profit (loss) carried forward14€57k€85k€102k€111k€122k▲ 9.4%
Amounts payable17/49€179k€152k€80k€72k€56k▼ 22.1%
Amounts payable after more than one year17€80k€60k€40k€20k€0▼ 100%
Financial debts170/4-€60k€40k€20k€0▼ 100%
Amounts payable within one year42/48€99k€92k€40k€52k€56k▲ 7.7%
Current portion of amounts payable after more than one year42-€20k€20k€20k€20k=
Trade debts44€935€422€2k€7k€5k▼ 30.8%
Suppliers440/4-€422€2k€7k€5k▼ 30.8%
Taxes, remuneration and social security45-€71k€11k€4k€4k▲ 12.5%
Taxes450/3-€57k€11k€4k€4k▲ 12.5%
Remuneration and social security454/9-€14k€0---
Other amounts payable47/48--€8k€21k€27k▲ 26.4%
Accrued charges and deferred income492/3-€234€188€95€245▲ 158%
Line20212022202320242025Change
Profit (loss) for the period9904€50k€29k€17k€9k€10k▲ 20.3%
+ Depreciation and write-downs630€4k€7k€3k€6k€6k=
Operating cash flow (approximation)€54k€36k€20k€15k€17k▲ 11.9%
Investment in fixed assets (approximation)-€-41k€-10k€-10k€-10k=
Change in cash-€-31k€-71k€-267€269▲ 200%

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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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-02
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €100kEq €105k ▲37.8%
5 profitable years in a row build equity to €105k.
28-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity times 10current ratio 1.68
Current ratio from 0.17 to 1.68; short-term debt falls from €112k to €37k.
27-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €3k ▼96.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
25-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
23-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Zedelgem · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
933 m²
Building footprint
191 m²
Volume, LiDAR
1,168 m³
Parcel 31040D0113/00C000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
MYCOR
Dr. Adriaensstraat 16, 8210 ZedelgemComputing infrastructure, data processing, hosting and other information service activities
since 20152.246.987.974
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31040D0113/00C000 Flanders 933 m² 1 · 190 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,887 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68310Real estate agency activities
78200Temporary employment agencies and other provision of personnel
81100Combined facilities support activities

Scores and ratios are computed by Checked and are not a credit decision.