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M.D.N. ENGINEERING

Inactive
KBO/BCE: BE 0425.796.940

Inactive; last annual accounts for fiscal year 2019.

Signals

Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2020 close31-07-2021 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 17-07-2020, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 14 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

Financials · fiscal year 2019, abbreviated schema

Equity
€203,581▲ 0.6%
2018 · €202,293
Total assets
€228,506▲ 1.5%
2018 · €225,098
Net result
€25,187▲ 7.2%
2018 · €23,507
Working capital
€65,510▲ 2.0%
2018 · €64,223
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result€24,036-€25,738▲ 7.1%
Net result€23,507-€25,187▲ 7.2%
Equity€202,293-€203,581▲ 0.6%
Total assets€225,098-€228,506▲ 1.5%
Debt€22,804-€24,925▲ 9.3%
Working capital€64,223-€65,510▲ 2.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2018: €24,036€24,036Net result 2018: €23,507€23,507Operating result 2019: €25,738€25,738Net result 2019: €25,187€25,18720182019€0€10,000€20,000€30,000Operating result 2018: €24,036€24,000Net result 2018: €23,507€23,500Operating result 2019: €25,738€25,700Net result 2019: €25,187€25,20020182019
The operating result rises in 2019; 2019 is 7% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €228,506
Fixed assets €138,070 =
Current assets €90,436 ▲ 3.9%
Equity and liabilities €228,506
Equity €203,581 ▲ 0.6%
Debt €24,925 ▲ 9.3%
Debt's share of the balance-sheet total rises from 10.1% to 10.9%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
Current ratio
3.63▼
2018 · 3.82
ROE
12.4%▲
2018 · 11.6%
ROA
11.0%▲
2018 · 10.4%
Debt ≤ 1 year
€24,925▲
2018 · €22,804
Income taxes
€521▲
2018 · €504
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 22 lines
Balance sheet Code20182019
Assets
Total assets20/58€225,098€228,506▲
Fixed assets21/28€138,070€138,070=
Tangible fixed assets22/27€137,704€137,704=
Financial fixed assets28€367€367=
Current assets29/58€87,027€90,436▲
Amounts receivable within one year40/41€86,884€90,405▲
Cash at bank and in hand54/58€143€31▼
Equity and liabilities
Total equity and liabilities10/49€225,098€228,506▲
Equity10/15€202,293€203,581▲
Contributions10/11€174,500€174,500=
Reserves13€10,946€12,205▲
Profit (loss) carried forward14€16,847€16,875▲
Amounts payable17/49€22,804€24,925▲
Amounts payable within one year42/48€22,804€24,925▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,212-
Gross operating margin9900€28,324€27,858▼
Operating profit (loss)9901€24,036€25,738▲
Recurring financial charges65€25€29▲
Profit (loss) for the period before taxes9903€24,011€25,708▲
Income taxes67/77€504€521▲
Profit (loss) for the period9904€23,507€25,187▲
Profit (loss) for the period to be appropriated9905€23,507€25,187▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,212--
Gross operating margin9900€28,324€27,858▼ 1.6%
Operating profit (loss)9901€24,036€25,738▲ 7.1%
Recurring financial charges65€25€29▲ 18.0%
Profit (loss) for the period before taxes9903€24,011€25,708▲ 7.1%
Income taxes67/77€504€521▲ 3.3%
Profit (loss) for the period9904€23,507€25,187▲ 7.2%
Profit (loss) for the period to be appropriated9905€23,507€25,187▲ 7.2%
Line20182019Change
Assets
Total assets20/58€225,098€228,506▲ 1.5%
Fixed assets21/28€138,070€138,070=
Tangible fixed assets22/27€137,704€137,704=
Financial fixed assets28€367€367=
Current assets29/58€87,027€90,436▲ 3.9%
Amounts receivable within one year40/41€86,884€90,405▲ 4.1%
Cash at bank and in hand54/58€143€31▼ 78.6%
Equity and liabilities
Total equity and liabilities10/49€225,098€228,506▲ 1.5%
Equity10/15€202,293€203,581▲ 0.6%
Contributions10/11€174,500€174,500=
Reserves13€10,946€12,205▲ 11.5%
Profit (loss) carried forward14€16,847€16,875▲ 0.2%
Amounts payable17/49€22,804€24,925▲ 9.3%
Amounts payable within one year42/48€22,804€24,925▲ 9.3%
Line20182019Change
Profit (loss) for the period9904€23,507€25,187▲ 7.2%
+ Depreciation and write-downs630€2,212--
Operating cash flow (approximation)€25,718€25,187▼ 2.1%
Investment in fixed assets (approximation)-€0-
Change in cash--€113-

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

2020
17-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
06-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
06-06
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
28-06
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
31-05
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. TRiE 92%
  2. M.D.N. ENGINEERING

Highest known parent: TRiE. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.