M&D
ActiveSummary
The computed 12-month bankruptcy probability of M&D is 3.8% (moderate). The 2025 annual accounts show negative equity (-€302) and a net result of -€5,302. Its solvency ranks better than 22% of 18626 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 1,322 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.
- Micro
- under 2 years old
- negative equity
- a loss of 10% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 3.8% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,322 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,775 |
| Other operating charges640/8 | €17 |
| Gross operating margin9900 | -€3,406 |
| Operating profit (loss)9901 | -€5,198 |
| Financial income75/76B | €189 |
| Recurring financial income75 | €189 |
| Financial charges65/66B | €293 |
| Recurring financial charges65 | €293 |
| Profit (loss) for the period before taxes9903 | -€5,302 |
| Profit (loss) for the period9904 | -€5,302 |
| Profit (loss) for the period to be appropriated9905 | -€5,302 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €20,256 | |
| Formation expenses20 | €740 | |
| Fixed assets21/28 | €5,402 | |
| Tangible fixed assets22/27 | €5,402 | |
| Furniture and vehicles24 | €5,402 | |
| Current assets29/58 | €14,114 | |
| Stocks and contracts in progress3 | €4,786 | |
| Stocks30/36 | €4,786 | |
| Amounts receivable within one year40/41 | €1,566 | |
| Other amounts receivable41 | €1,566 | |
| Cash at bank and in hand54/58 | €7,251 | |
| Deferred charges and accrued income490/1 | €512 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €20,256 | |
| Equity10/15 | -€302 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | -€5,302 | |
| Amounts payable17/49 | €20,558 | |
| Amounts payable within one year42/48 | €20,558 | |
| Trade debts44 | €655 | |
| Suppliers440/4 | €655 | |
| Other amounts payable47/48 | €19,904 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€5,302 |
| + Depreciation and write-downs630 | €1,775 |
| Operating cash flow (approximation) | -€3,527 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0332/00X006 | Brussels | 74 m² | 1 · 74 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.