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byMDB

Active
Private limited companyfounded 20233 yrs activeKoninklijke Baan(Kok) 272, 8670 Koksijde, BelgiumKBO/BCE: BE 0805.791.668
Summary

byMDB has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40,534 and a net result of €38,534. Its solvency ranks better than 45% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency77
Growth-
Track record79
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 2.2; short-term debt: 44.7% and cash: 59.6% of total assets), and 47.6% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
27 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 27 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 September 2023, byMDB was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€40,534
Total assets
€77,306
Net result
€38,534
Working capital
€41,296

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €77,306
Fixed assets €1,464
Current assets €75,842
Equity and liabilities €77,306
Equity €40,534
Debt €36,772
Debt finances 47.6% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€50,100
Cash flow
€38,666
Current ratio
2.20
Debt to equity
0.91
ROE
95.1%
ROA
49.8%
Interest coverage
269.85
Debt ≤ 1 year
€34,546
Income taxes
€11,259

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 34 lines
Balance sheet Code2024
Assets
Total assets20/58€77,306
Fixed assets21/28€1,464
Tangible fixed assets22/27€1,464
Furniture and vehicles24€1,464
Current assets29/58€75,842
Amounts receivable within one year40/41€28,278
Trade receivables40€28,278
Cash at bank and in hand54/58€46,068
Deferred charges and accrued income490/1€1,497
Equity and liabilities
Total equity and liabilities10/49€77,306
Equity10/15€40,534
Contributions10/11€2,000
Profit (loss) carried forward14€38,534
Amounts payable17/49€36,772
Amounts payable within one year42/48€34,546
Trade debts44€3,130
Suppliers440/4€3,130
Taxes, remuneration and social security45€23,462
Taxes450/3€23,462
Other amounts payable47/48€7,955
Accrued charges and deferred income492/3€2,226
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132
Other operating charges640/8€2,939
Gross operating margin9900€53,039
Operating profit (loss)9901€49,968
Financial income75/76B€11
Recurring financial income75€11
Financial charges65/66B€186
Recurring financial charges65€186
Profit (loss) for the period before taxes9903€49,793
Income taxes67/77€11,259
Profit (loss) for the period9904€38,534
Profit (loss) for the period to be appropriated9905€38,534
Appropriation of the result
Profit (loss) to be appropriated9906€38,534

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132
Other operating charges640/8€2,939
Gross operating margin9900€53,039
Operating profit (loss)9901€49,968
Financial income75/76B€11
Recurring financial income75€11
Financial charges65/66B€186
Recurring financial charges65€186
Profit (loss) for the period before taxes9903€49,793
Income taxes67/77€11,259
Profit (loss) for the period9904€38,534
Profit (loss) for the period to be appropriated9905€38,534
Line2024
Assets
Total assets20/58€77,306
Fixed assets21/28€1,464
Tangible fixed assets22/27€1,464
Furniture and vehicles24€1,464
Current assets29/58€75,842
Amounts receivable within one year40/41€28,278
Trade receivables40€28,278
Cash at bank and in hand54/58€46,068
Deferred charges and accrued income490/1€1,497
Equity and liabilities
Total equity and liabilities10/49€77,306
Equity10/15€40,534
Contributions10/11€2,000
Profit (loss) carried forward14€38,534
Amounts payable17/49€36,772
Amounts payable within one year42/48€34,546
Trade debts44€3,130
Suppliers440/4€3,130
Taxes, remuneration and social security45€23,462
Taxes450/3€23,462
Other amounts payable47/48€7,955
Accrued charges and deferred income492/3€2,226
Line2024
Profit (loss) for the period9904€38,534
+ Depreciation and write-downs630€132
Operating cash flow (approximation)€38,666

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,584 m²
Building footprint
460 m²
Volume, LiDAR
3,976 m³
Parcel 38014D0322/00D000, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
byMDB
Koninklijke Baan(Kok) 272, 8670 KoksijdeIT consultancy
since 20232.349.749.279
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38014D0322/00D000 Flanders 1,584 m² 1 · 460 m² 11.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 36,783 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-09-2023
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805791668
Registered 05-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.