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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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MCO from Olen, company number BE0700790257, closed financial year 2025 with a result of € 54,530 after tax. For that financial year MCO recorded a gross margin of € 214,924 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 29,816 to € 54,530. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 1.2 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 54,530
▲ 83% vs 2024
Profit after tax over the fiscal year.
€ 105,626
▲ 223% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 501,895.
People and assets in 2025
€ 212
▼ 80% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▼ 5% vs 2024
€ 121,687 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 8,192
▲ 20% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 184,467 | € 205,303 | € 182,792 | € 214,924 | ▲ 18% |
| Profit after taxes | € 32,245 | € 37,888 | € 29,816 | € 54,530 | ▲ 83% |
| Equity | € 1,074,224 | € 1,112,112 | € 1,141,928 | € 1,196,457 | ▲ 5% |
| Total debts | € 3,670,634 | € 3,578,687 | € 3,446,364 | € 3,326,541 | ▼ 3% |
| Cash | € 19,196 | € 11,994 | € 32,719 | € 105,626 | ▲ 223% |
| Land & buildings | € 4,677,094 | € 4,623,599 | € 4,506,858 | € 4,381,076 | ▼ 3% |
| Retained profit | € 379,661 | € 417,550 | € 447,365 | € 501,895 | ▲ 12% |
| Bank debt | € 2,765,879 | € 2,647,905 | € 2,528,705 | € 2,408,269 | ▼ 5% |
| Balance sheet total | € 4,744,857 | € 4,690,799 | € 4,588,291 | € 4,522,998 | ▼ 1% |
Key figures of MCO, 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 MCO?
What happened at MCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 54,530 (▲ 83% vs 2024). Source: NBB ↗
- New establishment in Olen. KBO
- Start of the company according to the CBE. KBO
In short
From € 32,245 profit in 2022 to € 54,530 profit in 2025.
Paid € 8,340 in corporate taxes since 2022.
Best year ever: 2025, with € 54,530 profit.
Management
Behind MCO are Nora Verheyen and Antoon Van Schoubroeck. The shares are held by Nora Verheyen (50%) and Antoon Van Schoubroeck (50%).
Directors
According to the 2025 annual accounts
Nora Verheyen
Director
Owns 50% directly
Antoon Van Schoubroeck
Director
Owns 50% directly
Shareholders
Nora Verheyen · director
50%
Antoon Van Schoubroeck · director
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oosterwijkseweg 9
2250 Olen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.790.257
- VAT number
- BE 0700.790.257
- Registered office
- Oosterwijkseweg 9, 2250 Olen
- Names & denominations
- MCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 July 2018
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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