M.D. LOGEMENTS

Active

Private limited companyfounded 2002active for 24 yearsCanadastraat 2, 7700 Mouscron, BelgiumKBO/BCE: BE 0477.793.789

Summary

The computed 12-month bankruptcy probability of M.D. LOGEMENTS is 7.4% (elevated). The 2025 annual accounts show negative equity (-€1.2m) and a net result of -€1.9m. Equity is growing by about 2.7% per year across the filed financial years. Its solvency ranks better than 5% of 11,191 sector peers (NACE 68, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

M.D. LOGEMENTSActiveChecked score 31/100

Risk analysis Report Compare

Activity

Buying and selling of own real estate

NACE 68110

Size

€1.4mtotal assets 2025

Equity: -€1.2m
Loss: -€1.9m

Net result -5,757%: other schema

Financial health

31 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 7.4%

Structure

Parent: DEMUYNCK BOUW · 100%

2025 accounts filed 31 days late1 of 6 deeds summarised

Why 31raises riskLoss of €1.9m, the second in a row (financial year 2025)Liquidity: current ratio 0.08, cash €0, halvedLast filed accounts filed 31 days late; 3 of the last 3 latelowers riskSize: total assets €1.4mShow the evidence

Checked score

Score 2025

31 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 3% of its sector peers (NACE 68, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-72

equity -90.2% of total assets

Liquidity 0-31

short-term debt 177.6% · cash 0.0%

Profitability 0-66

return on assets -140.2%

Bankruptcy probability, 12 months

7.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,617 companies, NACE 68, micro)

Last 24 months 11-2024: 1.9%lowest value 12-2024: 2.2%▲ +0.3 percentage points vs 11-2024 01-2025: 4.7%▲ +2.5 percentage points vs 12-2024 02-2025: 4.7%● unchanged vs 01-2025 03-2025: 4.7%● unchanged vs 02-2025 04-2025: 4.2%▼ -0.5 percentage points vs 03-2025 05-2025: 4.2%● unchanged vs 04-2025 06-2025: 4.2%● unchanged vs 05-2025 07-2025: 4.2%● unchanged vs 06-2025 08-2025: 5.7%▲ +1.5 percentage points vs 07-2025 09-2025: 5.7%● unchanged vs 08-2025 10-2025: 5.7%● unchanged vs 09-2025 11-2025: 6.3%▲ +0.6 percentage points vs 10-2025 12-2025: 6.3%● unchanged vs 11-2025 01-2026: 6.3%● unchanged vs 12-2025 02-2026: 6.3%● unchanged vs 01-2026 03-2026: 6.3%● unchanged vs 02-2026 04-2026: 3.7%▼ -2.6 percentage points vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.4%▼ -0.3 percentage points vs 05-2026 07-2026: 3.2%▼ -0.2 percentage points vs 06-2026 08-2026: 4.7%▲ +1.5 percentage points vs 07-2026 09-2026: 7.4%▲ +2.7 percentage points vs 08-2026highest value 10-2026: 7.4%● unchanged vs 09-2026highest value

No credit on open account

Liquidity insufficient (current ratio 0.08, compared with 0.37 in 2024, below 1; short-term debt: 177.6% and cash: 0% of total assets), and equity is negative.

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 68, micro): better than 5% on solvency, 0% on liquidity, 4% on profitability and 2% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

lowers riskraises risk

Loss of €1.9m, the second in a row (financial year 2025)

NBB · annual accounts

Liquidity: current ratio 0.08, cash €0, halved

NBB · annual accounts

Size: total assets €1.4m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Last filed accounts filed 31 days late; 3 of the last 3 late

NBB · filings

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year -€1.2m

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

225 days late

2023

580 days late

2022

70 days late

2021

78 days late

2020

91 days late

2019

24 days late

← 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 157 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 October (4 of the last 5 filed years within 147 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · abbreviated…
27-08-2026 End & cessation · MiscellaneousPermanent representative: Lode Demuynck ·…
04-05-2026 Judicial dissolution, liquidator appointedEnterprise Court of Hainaut, Tournai…

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€1.2m View
Risk: 3 loss-making years in a rowloss financial year 2025 -€1.9m View
Caution: Result fell in 2025different schema filed ▼ 5,757% View
Caution: Among the weakest 5% on solvencysector median 30.8% · 11,191 companies -90.2% View
Controlled by DEMUYNCK BOUWultimately: DEMUYNCK INVEST 100% View

By topic

Financials

Financial year: 2025
Total assets: €1.4m
Loss: -€1.9m
Solvency: -90.2%

Go to Financials

Board & ownership

Parent: DEMUYNCK BOUW · 100%

Go to Board & ownership

Network & group

Group: DEMUYNCK INVEST

Go to Network & group

Timeline

Events: 30
Since: 2004
Next accounts: by 31-07-2027

13-03-2026Annual accounts filed
03-03-2026Annual accounts filed
31-12-2025Weakest financial year

Go to Timeline

Company details

Legal form: Private limited company
Activity: Buying and selling of own real estateNACE 68110
Founded: 20-06-2002
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about M.D. LOGEMENTS

What is the company number of M.D. LOGEMENTS?: 0477.793.789. In Belgium the VAT number is the company number with BE in front: BE 0477.793.789.
Where is M.D. LOGEMENTS based?: The registered office is at Canadastraat 2, 7700 Mouscron.Company details
What does M.D. LOGEMENTS do?: According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of M.D. LOGEMENTS?: Private limited company (BV).
When was M.D. LOGEMENTS founded?: On 20-06-2002.
Is M.D. LOGEMENTS still active?: Yes, M.D. LOGEMENTS is an active enterprise in the KBO register.
What is the turnover of M.D. LOGEMENTS?: €48,215 in financial year 2020, according to the filed annual accounts.Financials
Is M.D. LOGEMENTS profitable?: In financial year 2025, M.D. LOGEMENTS made a loss of €1.9m.
Where can I find the annual accounts of M.D. LOGEMENTS?: M.D. LOGEMENTS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of M.D. LOGEMENTS due?: By 31-07-2027, for financial year 2026.Timeline