Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MCYS from Visé, company number BE0798437880, closed financial year 2025 with a result of € -2,366 after tax. For that financial year MCYS recorded a gross margin of € 3,592 and equity of € 63,599. Compared with financial year 2024, the result moved from € 8,343 to € -2,366. 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 June 15, 2026.
€ 63,599
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,366
▼ still € 8,343 profit in 2024
Profit after tax over the fiscal year.
€ 3,648
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1,599.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 321
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -3,973 | € -359 | € 3,592 | ▲ € 3,951 |
| Profit after taxes | € -4,377 | € 8,343 | € -2,366 | ▼ € 10,709 |
| Equity | € 57,623 | € 65,965 | € 63,599 | ▼ 4% |
| Total debts | € 93,448 | € 157,086 | € 213,072 | ▲ 36% |
| Cash | € 268 | € 66,651 | € 3,648 | ▼ 95% |
| Land & buildings | - | - | € 30,000 | |
| Retained profit | € -4,377 | € 3,965 | € 1,599 | ▼ 60% |
| Balance sheet total | € 151,071 | € 223,052 | € 276,671 | ▲ 24% |
Key figures of MCYS, fiscal years 2023 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 MCYS?
What happened at MCYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,366 (▼ € 10,709 vs 2024). Source: NBB ↗
- New establishment in Visé. KBO
- Mohamed IKHARRAZEN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,377 loss in 2023 to € 2,366 loss in 2025.
Best year ever: 2024, with € 8,343 profit.
Management
Behind MCYS is Mohamed IKHARRAZEN. It owns 100% of I.K-TECH and 60% of PIKimmo itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Rue Derrière les Jardins(CHE) 31
4602 Visé
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0798.437.880
- VAT number
- BE 0798.437.880
- Registered office
- Rue Derrière les Jardins(CHE) 31, 4602 Visé
- Names & denominations
- MCYS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 February 2023
- Peppol
- Active · Active since 21 Dec 2025
- Activities · NACE
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