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M.D.D. PHARMA

Active
Public limited companyfounded 198937 years activeAvenue Pasteur 2, 1300 Wavre, BelgiumKBO/BCE: BE 0437.759.119
Summary

M.D.D. PHARMA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €565,871 and a net result of €370,209. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 255 sector peers (NACE 47, fiscal year 2026). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
#7 employer in Wavre, Wholesale and retail trade sector1 site
Size
€28.6mturnover 2026
Staff
104.8 FTE
Equity
€565,871
Profit
€370,209
Financial health
66 Healthy Checked score 2026
Bankruptcy probability, 12 months
1.0%
Structure
Parent
BENU · 100%
Board
6 members
Accounts 67 days early2 of 23 deeds read
Why 66- Equity €565,871 (4.6% of total assets)- Liquidity: current ratio 0.67, cash €19,800- Sector Retail trade (NACE 47)- Size: turnover €28.6m, 104.8 FTE, total assets €12.2mShow the evidence

Checked score

Score 2026
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 47, medium-sized)
Financial strength · tick = 2025
Weak
Solvency 30+3
equity 4.6% of total assets
Liquidity 0=
short-term debt 92.4% · cash 0.2%
Profitability 63-7
return on assets 3.0%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (387 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.7%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 1.0%● unchanged vs 07-2026highest value 09-2026: 1.0%● unchanged vs 08-2026highest value 10-2026: 1.0%● unchanged vs 09-2026highest value
Credit up to €35,000 at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.67 in 2025; short-term debt: 92.4% and cash: 0.2% of total assets), and 95.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, medium-sized): better than 15% on solvency, 2% on liquidity, 59% on profitability and 91% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Equity €565,871 (4.6% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.67, cash €19,800
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
KBO
raises risk · Size: turnover €28.6m, 104.8 FTE, total assets €12.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 255 sector peers (2026).
NBB · sector comparison
Position among 255 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 25-06-2026, 67 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
67 days early
2025
51 days early
2024
53 days early
2023
28 days early
2022
32 days early
2021
44 days early
2020
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 10 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-01-2027 close31-08-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Reappointments: EvelineMaryns, ArnaudBerken and PhilippeLacroixState Gazette act
  2. Annual accounts filedfiscal year 2026 · full…
  3. Weakest financial yearnet €370,209 ▼55.1%

Key points

  • Positive: Equity rose in 2026from €195,662 to €565,871 ▲ 189% View
  • Caution: Among the weakest 16% on solvencysector median 36.2% · 255 companies 4.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €370,209 8 years View
  • Controlled by BENUknown shareholders 100% 100% View

By topic

Financials

Fiscal year
2026
Turnover
€28.6m
Profit
€370,209
Solvency
4.6%
Turnover▲ 15.4%
Net result
20192026
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-08-2027
  1. 31-01-2026Equity above €500,000
  2. 11-07-2025Annual accounts filed
  3. 09-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
06-07-1989
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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