M.D.R.
ActiveSummary
The computed 12-month bankruptcy probability of M.D.R. is 2.3% (moderate). The 2025 annual accounts show negative equity (-€277,503) and a net result of -€285,400. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 148 sector peers (NACE 26, financial year 2025). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 19-12-1987 Normal situation
- Activity
- Manufacture of computer, electronic and optical products NACE 26200and 3 others
- Establishment units
- 2.032.266.004 1000 Brussel, since 28-12-1987
- 2.224.942.250 1700 Dilbeek, since 01-01-1998
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- €15,866
- ▼ 76.8%
- Turnover
- ≈ €110,000
- estimated
- Loss
- €285,400
- ▲ 51.2%
- Equity
- -€277,503
- Total assets
- €657,676
- ▼ 1.7%
- Employees on 30-06-2025
- 6
- =
- Negative equity on 30-06-2025
- 2025 accounts filed 19 days after the deadline
Score breakdownraises riskNegative equity -€277,503Loss of €285,400, the second in a row (financial year 2025)lowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Liquidity: current ratio 0.98, cash €174,484Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 26, micro). It does better than 7% of them on solvency, 45% on liquidity, 10% on profitability and 1% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 17 days after the deadline. In the sector (NACE 26), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€277,503 View
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€285,400 View
- Caution: Less equity than 94% of companies in computer and electronic productssector median €303,605 · 148 companies -€277,503 View
- Caution: Result fell in 2025from -€188,705 to -€285,400 ▼ 51.2% View
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as M.D.R.: manufacture of computer, electronic and optical products (NACE 26200). They are comparable in size and age: total assets between €104,000 and €594,000, founded between 1987 and 2003.
| Company | Total assets | Gross margin |
|---|---|---|
| M.D.R. Brussel | €657,676 | €15,866 |
| SOFTRONIC ENGINEERING Brussel | €399,628 | €63,270 |
| ROBOTICS AND DESIGN Puurs-Sint-Amands | €594,190 | €67,176 |
| MENTEN CONSULTING Bilzen-Hoeselt | €306,947 | €6,831 |
| BUNA ELECTRONICS Ranst | €269,623 | €24,713 |
| DEPREZ INFORMATICA SYSTEMEN CONSULTING Wevelgem | €121,792 | €15,896 |
| ADMI SOFT Genk | €103,871 | €24,302 |
Key facts about M.D.R.
- What is the company number of M.D.R.?
- The company number of M.D.R. is 0432.819.938. The VAT number is the same number with BE in front: BE 0432.819.938.
- Where is M.D.R. based?
- The registered office is at Leuvenseweg 24, 1000 Brussel.Company details
- What does M.D.R. do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26200).
- What is the legal form of M.D.R.?
- The legal form of M.D.R. is Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was M.D.R. founded?
- M.D.R. was founded on 19-12-1987.
- Is M.D.R. still active?
- Yes, M.D.R. is an active enterprise in the KBO register.
- How many employees does M.D.R. have?
- M.D.R. had an average of 5.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of M.D.R.?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €15,866 and 2,706 comparable companies of the same size. It probably lies between €45,000 and €270,000. It is a rough estimate.
- Is M.D.R. profitable?
- In financial year 2025, M.D.R. made a loss of €285,400.
- Where can I find the annual accounts of M.D.R.?
- M.D.R. filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M.D.R. due?
- M.D.R. must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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