MCCO
ActiveSummary
MCCO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €10k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▲+5
Solvency100▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.39 against 2.24 in 2023; short-term debt: 22.8% and cash: 97.7% of total assets), and 22.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
77.2%
Return on assets
20.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d early
2023
35 d early
2022
36 d early
2021
45 d early
2020
31 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€36k▲ 37.2%
2023 · €26k
2018: €15k
2019: €15k
2020: €13k
2021: €13k
2022: €17k
2023: €26k
2018 → 2024
Total assets
€46k▼ 1.8%
2023 · €47k
2018: €91k
2019: €93k
2020: €62k
2021: €45k
2022: €40k
2023: €47k
2018 → 2024
Net result
€10k▲ 7.7%
2023 · €9k
2018: €100
2019: €110
2020: €-2k
2021: €420
2022: €4k
2023: €9k
2018 → 2024
Working capital
€36k▲ 37.2%
2023 · €26k
2018: €14k
2019: €13k
2020: €9k
2021: €9k
2022: €17k
2023: €26k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€13k▲ 3.3%€17k▲ 28.7%€26k▲ 52.8%€36k▲ 37.2%
Operating result€-2k-€2k€7k▲ 222%€13k▲ 90.0%€15k▲ 11.5%
Net result€-2k-€420€4k▲ 810%€9k▲ 137%€10k▲ 7.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €46k
Equity
€36k ▲ 37.2%
Debt
€11k ▼ 50.0%
Debt's share of the balance-sheet total falls from 44.7% to 22.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
4.39▲
2023 · 2.24
Quick ratio
4.30▲
2023 · 2.19
Debt to equity
0.29▼
2023 · 0.81
ROE
27.1%▼
2023 · 34.6%
ROA
20.9%▲
2023 · 19.1%
Debt ≤ 1 year
€11k▼
2023 · €21k
Income taxes
€5k▲
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€47k€46k▼
Current assets29/58€47k€46k▼
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€18k€66▼
Trade receivables40€18k-
Other amounts receivable41-€66
Cash at bank and in hand54/58€28k€45k▲
Equity and liabilities
Total equity and liabilities10/49€47k€46k▼
Equity10/15€26k€36k▲
Contributions10/11€6k€6k=
Reserves13€2k€11k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€9k
Profit (loss) carried forward14€18k€19k▲
Amounts payable17/49€21k€11k▼
Amounts payable within one year42/48€21k€11k▼
Trade debts44€2k€843▼
Suppliers440/4€2k€843▼
Taxes, remuneration and social security45€16k€6k▼
Taxes450/3€9k€2k▼
Remuneration and social security454/9€7k€3k▼
Other amounts payable47/48€4k€4k=
Income statement
Code20232024
Other operating charges640/8€511€528▲
Gross operating margin9900€14k€16k▲
Operating profit (loss)9901€13k€15k▲
Financial income75/76B€81€221▲
Recurring financial income75€81€221▲
Financial charges65/66B€246€264▲
Recurring financial charges65€246€264▲
Profit (loss) for the period before taxes9903€13k€15k▲
Income taxes67/77€4k€5k▲
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€18k€28k▲
Profit (loss) brought forward from the previous period14P€9k€18k▲
Transfer to equity691/2-€9k
To the legal reserve6920-€9k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €10k ▲7.7%
Operating result €15k, net result €10k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €420
Net result €420 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-2k ▼2136%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Soumagne · 1 establishment unit since 2011
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.
Rue Arnold Trillet 2094630 SoumagneGround area
389 m²
Building footprint
57 m²
Volume, LiDAR
392 m³
Parcel 62099A0208/00L005, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MCCO
since 20112.204.887.105
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62099A0208/00L005 | Wallonia | 389 m² | 1 · 57 m² | 8.0 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.
Similar companies · same sector, comparable size
MJM Advisory
BE 0752.654.870
Ukkel · Eq €36,118
Jan Van Backlé
BE 0823.307.690
Brasschaat · Eq €36,150
MAC & Co
BE 0823.476.253
Tubize · Eq €35,635
LEMMENS CONSULTING
BE 0753.753.841
Genk · Eq €36,222
OPTI-WOOD
BE 0863.347.708
Ieper · Eq €35,406
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 449 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.