Financials
Financial year 2025
MCI ASSOCIATES from Etterbeek, company number BE0827436922, closed financial year 2025 with a result of € 33,960 after tax. For that financial year MCI ASSOCIATES recorded a gross margin of € 153,455 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 37,947 to € 33,960. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 5, 2025.
€ 1.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 33,960
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 106,040
▲ 6% 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 € 1.2 million.
People and assets in 2025
€ 41,916
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 605,950
▼ 10% vs 2024
€ 11,950 is repaid this year. At this pace the long-term loan is gone in ≈ 51 years.
€ 5,215
▲ € 5,158 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,895
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 173,422 | € 169,708 | € 156,288 | € 153,455 | ▼ 2% |
| Profit after taxes | € 55,075 | € 57,920 | € 37,947 | € 33,960 | ▼ 11% |
| Equity | € 1,747,013 | € 1,804,934 | € 1,842,881 | € 1,876,841 | ▲ 2% |
| Total debts | € 845,501 | € 775,699 | € 697,263 | € 628,631 | ▼ 10% |
| Cash | € 319,642 | € 301,006 | € 100,060 | € 106,040 | ▲ 6% |
| Land & buildings | € 650,471 | € 618,967 | € 622,467 | € 607,839 | ▼ 2% |
| Retained profit | € 1,045,013 | € 1,102,934 | € 1,140,881 | € 1,174,841 | ▲ 3% |
| Bank debt | € 821,044 | € 749,346 | € 671,673 | € 605,950 | ▼ 10% |
| Balance sheet total | € 2,592,514 | € 2,580,633 | € 2,540,144 | € 2,505,472 | ▼ 1% |
Key figures of MCI ASSOCIATES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MCI ASSOCIATES?
What happened at MCI ASSOCIATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 33,960 (▼ 11% vs 2024). Source: NBB ↗
- Michael Macbrien became a director. NBB
- François Isnard became a director. NBB
- Gabriela Cuper became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,075 profit in 2022 to € 33,960 profit in 2025.
Paid € 76,980 in corporate taxes since 2022.
Best year ever: 2023, with € 57,920 profit.
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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 MCI ASSOCIATES are Michael Macbrien, François Isnard and Gabriela Cuper. It owns 100% of MACBRIEN CUPER ISNARD itself.
Directors
According to the 2025 annual accounts
Michael Macbrien
Director
since 2023
François Isnard
Director
since 2023
Gabriela Cuper
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 45
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0827.436.922
- VAT number
- BE 0827.436.922
- Registered office
- Sint-Michielslaan 45, 1040 Etterbeek
- Names & denominations
- MCI ASSOCIATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2010
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
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