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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MC Shine from Antwerpen, company number BE1006469921, closed financial year 2025 with a result of € -105,794 after tax. For that financial year MC Shine recorded revenue of € 1.3 million and equity of € 24.7 million. Compared with financial year 2024, the result moved from € -684,435 to € -105,794. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.
€ 24.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -105,794
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 831,796
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -790,228.
Debts at end 2025
€ 25.7 million
▼ 2% vs 2024
€ 970,955 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 555,519
▲ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 165 days on average.
€ 5,000
▼ 79% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Revenue | € 1,142,600 | € 1,315,944 | ▲ 15% |
| Profit after taxes | € -684,435 | € -105,794 | ▲ € 578,641 |
| Equity | € 24,841,249 | € 24,735,456 | |
| Total debts | € 27,502,378 | € 26,978,062 | ▼ 2% |
| Cash | € 956,520 | € 831,796 | ▼ 13% |
| Retained profit | € -684,435 | € -790,228 | ▼ € 105,794 |
| Bank debt | € 26,341,295 | € 25,699,384 | ▼ 2% |
| Balance sheet total | € 52,343,628 | € 51,713,518 | ▼ 1% |
Key figures of MC Shine, fiscal years 2024 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 MC Shine?
What happened at MC Shine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 105,794. filed late Source: NBB ↗
- Y.M. Consult BV became a director. NBB
- DMRL Management BV became a director. NBB
- Ruben Stove became a director. NBB
- Start of the company according to the CBE. KBO
- Gijsbrecht Botman became a director. NBB
- Rutten Barend became a director. NBB
In short
From € 684,435 loss in 2024 to € 105,794 loss in 2025.
Paid € 5,000 in corporate taxes since 2024.
Pays suppliers within 165 days on average.
Management
Behind MC Shine are Y.M. Consult BV, Gijsbrecht Botman, DMRL Management BV, Rutten Barend and Ruben Stove. The shares are held by MC Newco 13 BV (62.5%), Andere natuurlijke personen (22.8%) and Shine Poolco (14.7%). It owns 100% of Specialty Paints & Coatings itself.
Directors
According to the 2025 annual accounts
Director · represented by Yves De Mild
Also active at: WDC Immo, Specialty Paints & Coatings, Plates & Signs, ET Holding, FXG
since 2024
since 2024
Director · represented by Anthony Demaerel
Also active at: WDC Immo, Specialty Paints & Coatings, PILAR, Plates & Signs, ET Holding, FXG
since 2024
Rutten Barend
Director
since 2024
since 2024
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Van Diepenbeeckstraat 8
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 1006.469.921
- VAT number
- BE 1006.469.921
- Registered office
- Van Diepenbeeckstraat 8, 2018 Antwerpen
- Names & denominations
- MC Shine
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2024
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings