M.D.M.
ActiveSummary
M.D.M. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €17k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 1046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-2
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 7.85 against 3.48 in 2024; short-term debt: 6.5% and cash: 13.1% of total assets), and 11.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.3%
Return on assets
7.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-12-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
94 d early
2023
14 d early
2022
39 d early
2021
5 d early
2020
18 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€210k▲ 6.8%
2024 · €196k
2019: €558k
2020: €171k
2021: €184k
2022: €175k
2023: €185k
2024: €196k
2019 → 2025
Total assets
€238k▲ 1.1%
2024 · €235k
2019: €987k
2020: €627k
2021: €664k
2022: €377k
2023: €257k
2024: €235k
2019 → 2025
Net result
€17k▼ 18.0%
2024 · €21k
2019: €2k
2020: €-26k
2021: €12k
2022: €-8k
2023: €26k
2024: €21k
2019 → 2025
Working capital
€107k▲ 11.5%
2024 · €96k
2019: €283k
2020: €-50k
2021: €-47k
2022: €10k
2023: €62k
2024: €96k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€175k▼ 4.6%€185k▲ 5.6%€196k▲ 6.1%€210k▲ 6.8%
Operating result€21k-€12k▼ 41.0%€33k▲ 168%€26k▼ 20.7%€22k▼ 13.9%
Net result€12k-€-8k€26k€21k▼ 19.4%€17k▼ 18.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€115k ▲ 14.6%
Current assets
€122k ▼ 8.9%
Equity and liabilities €238k
Equity
€210k ▲ 6.8%
Debt
€28k ▼ 28.0%
Debt's share of the balance-sheet total falls from 16.4% to 11.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €49k
Cash flow
€31k▼
2024 · €44k
Current ratio
7.85▲
2024 · 3.48
Quick ratio
7.73▲
2024 · 3.39
Debt to equity
0.13▼
2024 · 0.20
ROE
8.3%▼
2024 · 10.8%
ROA
7.3%▼
2024 · 9.1%
Interest coverage
53.45▼
2024 · 159.46
Debt ≤ 1 year
€16k▼
2024 · €39k
Debt > 1 year
€10k
Income taxes
€4k▼
2024 · €4k
Staff costs
€26k▼
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€235k€238k▲
Fixed assets21/28€101k€115k▲
Tangible fixed assets22/27€101k€115k▲
Land and buildings22€30k€27k▼
Plant, machinery and equipment23€23k€20k▼
Leasing and similar rights25-€12k
Other tangible fixed assets26€48k€56k▲
Financial fixed assets28-€700
Current assets29/58€134k€122k▼
Amounts receivable after more than one year29€92k€85k▼
Other amounts receivable291€92k€85k▼
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€0€924▲
Trade receivables40-€117
Other amounts receivable41€0€806▲
Cash at bank and in hand54/58€37k€31k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€235k€238k▲
Equity10/15€196k€210k▲
Contributions10/11€31k€31k=
Reserves13€166k€179k▲
Tax-exempt reserves132€195€195=
Distributable reserves133€165k€179k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€39k€28k▼
Amounts payable after more than one year17-€10k
Financial debts170/4-€10k
Amounts payable within one year42/48€39k€16k▼
Current portion of amounts payable after more than one year42-€2k
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€12k€2k▼
Taxes450/3€10k€241▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€25k€4k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€0€155▲
Remuneration, social security and pensions62€26k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€13k▼
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A€0€80▲
Gross operating margin9900€79k€67k▼
Operating profit (loss)9901€26k€22k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€306€663▲
Recurring financial charges65€306€663▲
Profit (loss) for the period before taxes9903€26k€22k▼
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€21k€17k▼
Profit (loss) for the period to be appropriated9905€21k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€17k▼
Transfer to equity691/2€11k€13k▲
To other reserves6921€11k€13k▲
Profit to be distributed694/7€10k€4k▼
Directors or managers695€10k€4k▼
Social balance
Average headcount (FTE)90870.60.6=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Liquidity doublescurrent ratio 7.85
Current ratio from 3.48 to 7.85; short-term debt falls from €39k to €16k.
30-06
Financial
Equity above €200kEq €210k ▲6.8%
3 profitable years in a row build equity to €210k.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
17-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
13-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-26k ▼1244%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Kortrijk · 3 establishment units since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bozestraat(Heu) 848501 KortrijkGround area
2,830 m²
Building footprint
2,260 m²
Volume, LiDAR
12,206 m³
4 parcels, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Comfort Wash
since 19972.052.603.043
Comfort Wash
since 20002.137.582.664
Comfort Wash
since 20112.203.425.769
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0142/00Z005 | Flanders | 1,846 m² | 1 · 1,875 m² | 10.7 m · 2 fl. |
| 34016C0547/00G000 | Flanders | 506 m² | 1 · 128 m² | 7.7 m · 2 fl. |
| 34352A0502/00D004 | Flanders | 357 m² | 1 · 121 m² | 13.2 m · 3 fl. |
| 34354C0003/00E003 | Flanders | 121 m² | 1 · 136 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels 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
LOFT-WASH
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TEXTIELREINIGING CAMELIA
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D.P.F. PARTNERS
BE 0477.795.373
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E&T AUTOMATICS
BE 0521.685.596
Oudsbergen · Eq €204k
Of 1,000 companies in sector 96102 we hold annual accounts for 459. 303 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1991
Fiscal year end30-06
Activities, NACEBEL 2025
96102Launderettes and laundries for private customers
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:mo.algham@gmail.com