M-D SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of M-D SERVICES is 4.8% (elevated). The 2024 annual accounts show equity of €122,237 and a net result of €2,509. Its solvency ranks better than 88% of 36386 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 2,549 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,549 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €12,809 | €58,301 | ▲ 355% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,802 | €1,937 | ▼ 84.9% |
| Other operating charges640/8 | €4,478 | €1,398 | ▼ 68.8% |
| Gross operating margin9900 | €162,608 | €62,214 | ▼ 61.7% |
| Operating profit (loss)9901 | €132,519 | €578 | ▼ 99.6% |
| Financial income75/76B | - | €2,481 | - |
| Recurring financial income75 | - | €1 | - |
| Non-recurring financial income76B | - | €2,481 | - |
| Financial charges65/66B | €792 | €550 | ▼ 30.6% |
| Recurring financial charges65 | €792 | €550 | ▼ 30.6% |
| Profit (loss) for the period before taxes9903 | €131,728 | €2,509 | ▼ 98.1% |
| Profit (loss) for the period9904 | €131,728 | €2,509 | ▼ 98.1% |
| Profit (loss) for the period to be appropriated9905 | €131,728 | €2,509 | ▼ 98.1% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €164,576 | €147,081 | ▼ 10.6% |
| Fixed assets21/28 | €10,056 | €9,410 | ▼ 6.4% |
| Tangible fixed assets22/27 | €6,456 | €5,810 | ▼ 10.0% |
| Plant, machinery and equipment23 | €6,456 | €5,810 | ▼ 10.0% |
| Financial fixed assets28 | €3,600 | €3,600 | = |
| Current assets29/58 | €154,520 | €137,670 | ▼ 10.9% |
| Amounts receivable within one year40/41 | €75,666 | €136,904 | ▲ 80.9% |
| Trade receivables40 | €35,876 | €30,300 | ▼ 15.5% |
| Other amounts receivable41 | €39,791 | €106,604 | ▲ 168% |
| Cash at bank and in hand54/58 | €78,853 | €766 | ▼ 99.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €164,576 | €147,081 | ▼ 10.6% |
| Equity10/15 | €119,728 | €122,237 | ▲ 2.1% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €116,728 | €119,237 | ▲ 2.1% |
| Amounts payable17/49 | €44,848 | €24,843 | ▼ 44.6% |
| Amounts payable within one year42/48 | €44,848 | €24,843 | ▼ 44.6% |
| Trade debts44 | €28,104 | €15,342 | ▼ 45.4% |
| Suppliers440/4 | €28,104 | €15,342 | ▼ 45.4% |
| Taxes, remuneration and social security45 | €1,744 | €9,501 | ▲ 445% |
| Remuneration and social security454/9 | €1,744 | €9,501 | ▲ 445% |
| Other amounts payable47/48 | €15,000 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €131,728 | €2,509 | ▼ 98.1% |
| + Depreciation and write-downs630 | €12,802 | €1,937 | ▼ 84.9% |
| Operating cash flow (approximation) | €144,530 | €4,446 | ▼ 96.9% |
| Investment in fixed assets (approximation) | - | -€1,291 | - |
| Change in cash | - | -€78,087 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0093/00E002 | Brussels | 1,755 m² | 1 · 842 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.