Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
99 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GROUP MC from Brussel, company number BE0430386426, closed financial year 2025 with a result of € -235,390 after tax. For that financial year GROUP MC recorded a gross margin of € -87,001 and equity of € 549,737. Compared with financial year 2024, the result moved from € -83,004 to € -235,390. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 549,737
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -235,390
▼ 184 % more loss than in 2024
Profit after tax over the fiscal year.
€ 81,922
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -962,236.
People and assets in 2025
€ 54,619
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,042
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 207,868
▲ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 36,467
▲ € 36,034 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -702,144 | € 437,769 | € -28,246 | € -87,001 | ▼ € 58,755 |
| Profit after taxes | € -731,774 | € 278,633 | € -83,004 | € -235,390 | ▼ € 152,386 |
| Equity | € 589,497 | € 868,131 | € 785,127 | € 549,737 | ▼ 30% |
| Total debts | € 465,448 | € 1,218,068 | € 2,313,257 | € 1,992,293 | ▼ 14% |
| Cash | € 221,107 | € 1,295,296 | € 86,875 | € 81,922 | ▼ 6% |
| Retained profit | € -922,476 | € -643,843 | € -726,846 | € -962,236 | ▼ € 235,390 |
| Bank debt | € 0 | € 51,875 | € 1,764,636 | € 1,059,471 | ▼ 40% |
| Balance sheet total | € 1,054,945 | € 2,086,199 | € 3,098,384 | € 2,542,030 | ▼ 18% |
Key figures of GROUP MC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GROUP MC?
What happened at GROUP MC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 235,390. filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 731,774 loss in 2022 to € 235,390 loss in 2025.
Paid € 1,676 in corporate taxes since 2022.
Best year ever: 2023, with € 278,633 profit.
A new publication or filing at GROUP MC? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind GROUP MC are Cemil Mugla, Serpil BALCIK and Dilhan Mugla. It owns 100% of JY BUILDING INVEST itself.
Directors
According to the 2025 annual accounts
Serpil BALCIK
Administrateur
Establishments
Establishment units
Physical locations of this company
Louizalaan 209A box 7
1050 Brussel
Place de la Ferme-Ecole 6
1410 Waterloo
Active since 15 March 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 99 companies are registered at this address.
All companies at this address →Zelf- Ontwikkeling Afrika
€ 292,401 gross margin · 2025
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€ 16.1 million revenue · 2025
RESTRABAT
€ -28,620 gross margin · 2023
QGC GROUP
€ 817,361 revenue · 2025
CLASSIC CONFECTIONERY BRANDS
€ -6,837 gross margin · 2024
+94 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.386.426
- VAT number
- BE 0430.386.426
- Registered office
- Louizalaan 209A bus 7, 1050 Brussel
- Names & denominations
- GROUP MC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 1987
- Peppol
- Active · Active since 27 Oct 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Groothandel in uurwerken en sieraden
Markt- en opinieonderzoek
Detailhandel in ICT-apparatuur
Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden
+4