ACTIVE

MC² DEVELOPMENT

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Financial year 2025 · closed on 31/12/2025

Net result

871,7 k €

+3.3% YoY

Revenue

2,6 M €

Equity

13,8 M €

+6.7% YoY

What does MC² DEVELOPMENT do?

MC² DEVELOPMENT is a Public limited company incorporated in 2018. Its main activity is: Development of building projects. Its registered office is in Saint-Josse-ten-Noode.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0697.839.972

Incorporation

12/06/2018

Legal form

Public limited company

Registered office

Place Charles Rogier 11
1210 Saint-Josse-ten-Noode · BruxellesSee on map

Contributed capital

10 510 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

41102Development of building projects· main 68122Buying and selling of own real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Revenue	2,6 M €		–		2,4 M €		–		6,8 M €		–		–
EBITDA	2,5 M €	+4.1%	2,4 M €	+1.0%	2,4 M €	+15.7%	2 M €	+162%	780,6 k €	+2871%	-28,2 k €	-108%	-13,6 k €
Operating result	1,7 M €	+6.2%	1,6 M €	+1.5%	1,5 M €	+25.9%	1,2 M €	+72.4%	709,3 k €	+2617%	-28,2 k €	-108%	-13,6 k €
Net result	871,7 k €	+3.3%	843,7 k €	+19.1%	708,6 k €	+47.5%	480,5 k €	+0.1%	479,9 k €	+829%	-65,9 k €	-370%	-14 k €
Balance sheet
Equity	13,8 M €	+6.7%	12,9 M €	+7.0%	12,1 M €	+6.2%	11,4 M €	+890%	1,2 M €	+71.6%	670,1 k €	-8.9%	736 k €
Total assets	34,7 M €	+0.5%	34,5 M €	+0.8%	34,3 M €	+0.4%	34,1 M €	+0.6%	33,9 M €	+140%	14,1 M €	+673%	1,8 M €
Cash	4,1 M €	+29.7%	3,1 M €	+46.3%	2,1 M €	+69.1%	1,3 M €	+14.8%	1,1 M €	+225%	340,4 k €	+2289%	14,2 k €
Debts	20,1 M €	-3.3%	20,8 M €	-2.9%	21,4 M €	-2.6%	22 M €	-32.8%	32,7 M €	+144%	13,4 M €	+1130%	1,1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Arevik Avedis

Director · since 01 octobre 2023 · until 04 avril 2028

Active

Isabel Roeykens

Director · since 10 février 2023 · until 04 avril 2028

Active

Ended mandates

Cécile Knaapen

Director · since 14 janvier 2022 · until 10 février 2023

Ended

Cécile Knaapen

Director · since 14 janvier 2022 · until 04 avril 2028

Ended

Thomas Declercq

Director · since 14 janvier 2022 · until 04 avril 2028

Ended

AEDEFFICIO

Director · since 26 mai 2020 · until 07 juin 2024 · 0738.760.017

Represented by Damien Darche

Ended

At this address

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Belfius Plan Bonds● Active	0737.403.007

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	08/04/2026	01/04/2025	02/04/2024	04/04/2023	21/04/2022	28/06/2021
General meeting	07/04/2026	01/04/2025	02/04/2024	04/04/2023	05/04/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	07/04/2026	08/04/2026	French	PDF
Abridged model	31/12/2024	01/04/2025	01/04/2025	French	PDF
Abridged model	31/12/2023	02/04/2024	02/04/2024	French	PDF
Abridged model	31/12/2022	04/04/2023	04/04/2023	French	PDF
Abridged model	31/12/2021	05/04/2022	21/04/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	28/06/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	24/06/2020	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Arevik Avedis

Director · since 01 octobre 2023 · until 04 avril 2028

Active

Isabel Roeykens

Director · since 10 février 2023 · until 04 avril 2028

Active

Ended mandates

Cécile Knaapen

Director · since 14 janvier 2022 · until 10 février 2023

Ended

Cécile Knaapen

Director · since 14 janvier 2022 · until 04 avril 2028

Ended

Thomas Declercq

Director · since 14 janvier 2022 · until 04 avril 2028

Ended

AEDEFFICIO

Director · since 26 mai 2020 · until 07 juin 2024 · 0738.760.017

Represented by Damien Darche

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates06/05/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates01/10/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates25/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates15/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates12/09/2022
DEMISSIONS, NOMINATIONS
PDF
Capital / shares23/06/2022
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025871,7 k €↑
2024
Annual accounts 2024843,7 k €↑
2023
Annual accounts 2023708,6 k €↑
2022
Annual accounts 2022480,5 k €↑
2021
Annual accounts 2021479,9 k €↑
2020
Annual accounts 2020-65,9 k €↓
2019
Annual accounts 2019-14 k €
12/06/2018
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MC² DEVELOPMENT

Overview

What does MC² DEVELOPMENT do?

Trend over 7 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline