NORMAL SITUATION

MC32

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Financial year 2025 · closed on 05/08/2025
Net result
805,8 €
-91.9% YoY
Gross margin
-375,5 €
-105.0% YoY
Equity
224,4 k €
+0.4% YoY

Company — Normal situation.

What does MC32 do?

MC32 is a company registered in Belgium.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0840.482.927
Legal form
Private company with limited liability
Contributed capital
12 400,00 €
Latest accounts
05/08/2025
Signals
ProfitableSolid equityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin-375,5 €7,5 k €568,1 €-2,4 k €-7,8 k €-11,8 k €35,3 k €56,7 k €53,2 k €53,7 k €63,3 k €-68 k €-22,5 k €233 k €
EBITDA-632,9 €7,1 k €-358 €-3 k €-8,2 k €-12,3 k €34,8 k €56,2 k €52,5 k €53,1 k €62,8 k €-68,6 k €-23,1 k €232,2 k €
Operating result-808,6 €6,5 k €-1,3 k €-3,8 k €-8,9 k €-12,5 k €34,6 k €55,6 k €51,7 k €52,1 k €62,3 k €-69,1 k €-30,6 k €223,4 k €
Net result805,8 €10 k €-25,6 €-3,6 k €-8,6 k €-11,9 k €22,6 k €36,7 k €29,4 k €38,5 k €51,5 k €-67,7 k €-29,7 k €144,2 k €
Balance sheet
Equity224,4 k €223,6 k €213,7 k €213,7 k €217,3 k €225,9 k €237,8 k €215,2 k €178,5 k €149,2 k €110,7 k €59,2 k €126,9 k €156,6 k €
Total assets225,7 k €225,2 k €214,6 k €214,5 k €218,2 k €226 k €240,7 k €221,7 k €200,8 k €177,8 k €123,1 k €79,2 k €134 k €265,9 k €
Cash219,9 k €218,2 k €205,8 k €206,6 k €210,7 k €218,2 k €224,8 k €207,9 k €186,7 k €173,6 k €116,4 k €77,3 k €112,5 k €22,2 k €
Debts0 €1,1 k €906 €835,5 €891,2 €134 €2,9 k €6,4 k €22,3 k €28,6 k €12,3 k €20,1 k €6,4 k €107 k €
Governance

Board of directors

Seen on filing of 05/08/2025 · 1 active · 2 ended

Active mandates

MICHEL CASSELMAN

Director

Active

Ended mandates

MICHEL CASSELMAN

Director · since 21 octobre 2011

Ended
MICHEL CASSELMAN

Manager · since 21 octobre 2011

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year05/08/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year8 months12 months12 months12 months12 months12 months
Filing date25/08/202504/06/202527/06/202404/07/202318/07/202230/08/2021
General meeting05/08/202502/06/202503/06/202405/06/202306/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model05/08/202505/08/202525/08/2025DutchPDF
Micro model31/12/202402/06/202504/06/2025DutchPDF
Micro model31/12/202303/06/202427/06/2024DutchPDF
Micro model31/12/202205/06/202304/07/2023DutchPDF
Micro model31/12/202106/06/202218/07/2022DutchPDF
Micro model31/12/202007/06/202130/08/2021DutchPDF
Micro model31/12/201902/06/202023/06/2020DutchPDF
Micro model31/12/201803/06/201927/08/2019DutchPDF
Micro model31/12/201704/06/201830/08/2018DutchPDF
Micro model31/12/201606/06/201726/06/2017DutchPDF
Abridged model31/12/201506/06/201629/08/2016DutchPDF
Abridged model31/12/201401/06/201507/07/2015DutchPDF
Abridged model31/12/201302/06/201419/06/2014DutchPDF
Abridged model31/12/201203/06/201310/06/2013DutchPDF
Estimate

Indicative valuation

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 05/08/2025 · 1 active · 2 ended

Active mandates

MICHEL CASSELMAN

Director

Active

Ended mandates

MICHEL CASSELMAN

Director · since 21 octobre 2011

Ended
MICHEL CASSELMAN

Manager · since 21 octobre 2011

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025805,8 €↓
  2. 2024
    Annual accounts 202410 k €↑
  3. 2023
    Annual accounts 2023-25,6 €↑
  4. 2023
    Name changeMC32
  5. 2022
    Annual accounts 2022-3,6 k €↑
  6. 2021
    Annual accounts 2021-8,6 k €↑
  7. 2021
    Name changeMC 32
  8. 2020
    Annual accounts 2020-11,9 k €↓
  9. 2019
    Annual accounts 201922,6 k €↓
  10. 2018
    Annual accounts 201836,7 k €↑
  11. 2017
    Annual accounts 201729,4 k €↓
  12. 2016
    Annual accounts 201638,5 k €↓
  13. 2015
    Annual accounts 201551,5 k €↑
  14. 2014
    Annual accounts 2014-67,7 k €↓
  15. 2013
    Annual accounts 2013-29,7 k €↓
  16. 2012
    Annual accounts 2012144,2 k €