Skip to content

M CARRE

Active
Private limited companyfounded 2004active for 21 yearsBoondaalsesquare 1, 1050 Elsene, BelgiumKBO/BCE: BE 0870.513.137

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of M CARRE for financial year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €39,107 and a net result of -€53,123. Equity has been growing by about 22% per year since 2019. Its solvency ranks better than 19% of 1,056 sector peers (NACE 69, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 10-12-2004 Normal situation
Registered office
13 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Other tax advisory services NACE 69209
Establishment units
2.144.543.009 1050 Elsene, since 12-01-2005
2.256.581.373 1050 Elsene, since 01-09-2013
Financial year end
31 July
Peppol
Reachable since 19-03-2025

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 31-07-2025
Gross margin
€157,206
▲ 44.5%
Turnover
≈ €280,000
estimated
Loss
€53,123
Equity
€39,107
▼ 57.6%
Total assets
€994,844
▲ 3.7%
Staff
≈ 0 FTE
estimated
Filed on 13-11-2025, 107 days before the deadlinePDF
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLiquidity: current ratio 0.57, cash €12,839lowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €994,844Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of micro companies in legal and accounting (NACE 69)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 29-6
equity 3.9% of total assets
Liquidity 41+25
short-term debt 27.6% · cash 1.3%
Profitability 39-22
return on assets -5.3%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,076 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: 0.1%▲ +0.1 percentage points vs 11-2024 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 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.3%▲ +0.1 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.4 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.8%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.57 (0.41 in 2024), below 1. Short-term debt is 27.6% and cash 1.3% of total assets. 96.1% 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 69, micro). It does better than 9% of them on solvency, 16% on liquidity, 8% on profitability and 9% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · Liquidity: current ratio 0.57, cash €12,839
NBB · annual accounts
lowers risk · Size: total assets €994,844
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1056 sector peers (2025).
NBB · sector comparison
Position among 1056 sector peers
Solvency
better than 19%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 13-11-2025, 107 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
107 days early
2024
35 days late
2023
46 days early
2022
33 days early
2021
44 days early
2020
22 days early
2019
60 days early
← 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 40 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end01-11-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €485 in 2024 -€53,123 View
  • Caution: Lower net result than 95% of companies in legal and accountingsector median €119,784 · 1,049 companies -€53,123 View

Comparable companies

These companies have the same main activity as M CARRE: other tax advisory services (NACE 69209). They are comparable in size and age: total assets between €836,000 and €1.3m, founded between 2003 and 2008.

CompanyTotal assetsGross margin
M CARRE Elsene€1.0m€0.2m
STEVIGNY CONSULTING Braine-l'Alleud€1.2m€0.1m
AURAWE Zottegem€0.9m€0.2m
PARAMEDICAL ADMINISTRATIVE SUPPORT Elsene€0.9m€0.2m
YOLOG Oudergem€0.8m€0.1m
ROLF Ninove€0.8m€0.1m
JANE CONSULTING Destelbergen€1.3m€0.2m
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about M CARRE

What is the company number of M CARRE?
The company number of M CARRE is 0870.513.137. The VAT number is the same number with BE in front: BE 0870.513.137.
Where is M CARRE based?
The registered office is at Boondaalsesquare 1, 1050 Elsene.Company details
What does M CARRE do?
According to the KBO register, the main activity is other tax advisory services (NACE 69209).
What is the legal form of M CARRE?
The legal form of M CARRE is Private limited company (BV).
When was M CARRE founded?
M CARRE was founded on 10-12-2004.
Is M CARRE still active?
Yes, M CARRE is an active enterprise in the KBO register.
What is the turnover of M CARRE?
The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €157,206 and 65 comparable companies (NACE 692). It probably lies between €210,000 and €350,000.Financials
Is M CARRE profitable?
In financial year 2025, M CARRE made a loss of €53,123.
Where can I find the annual accounts of M CARRE?
M CARRE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of M CARRE due?
M CARRE must file the annual accounts for financial year 2026 by 28-02-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.