M DECKERS
ActiveSummary
The computed 12-month bankruptcy probability of M DECKERS is 2.1% (moderate). The 2025 annual accounts show equity of €97k and a net result of €21k. Equity is growing by ~39.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-5
Solvency72▲+10
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.46 in 2024; short-term debt: 52.4% and cash: 51% of total assets), but 53.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
46.7%
Return on assets
9.9%
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 24-01-2026, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
4 d early
2023
1 d early
2022
4 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, micro schema
Equity
€97k▲ 26.8%
2024 · €77k
2022: €26k
2023: €48k
2024: €77k
2022 → 2025
Total assets
€209k▲ 0.7%
2024 · €207k
2022: €213k
2023: €203k
2024: €207k
2022 → 2025
Net result
€21k▼ 29.0%
2024 · €29k
2022: €21k
2023: €22k
2024: €29k
2022 → 2025
Working capital
€85k▲ 57.3%
2024 · €54k
2022: €22k
2023: €35k
2024: €54k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€26k-€48k▲ 86.9%€77k▲ 60.7%€97k▲ 26.8%
Operating result€27k-€30k▲ 10.4%€38k▲ 27.2%€28k▼ 26.6%
Net result€21k-€22k▲ 8.0%€29k▲ 30.6%€21k▼ 29.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €209k
Fixed assets
€14k ▼ 60.2%
Current assets
€194k ▲ 13.6%
Equity and liabilities €209k
Equity
€97k ▲ 26.8%
Debt
€111k ▼ 14.7%
Debt's share of the balance-sheet total falls from 62.9% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €62k
Cash flow
€42k▼
2024 · €53k
Current ratio
1.78▲
2024 · 1.46
Quick ratio
1.68▲
2024 · 1.34
Debt to equity
1.14▼
2024 · 1.70
ROE
21.2%▼
2024 · 37.8%
ROA
9.9%▼
2024 · 14.0%
Interest coverage
56.99▲
2024 · 52.02
Debt ≤ 1 year
€109k▼
2024 · €117k
Income taxes
€6k▼
2024 · €8k
Staff costs
€31k▼
2024 · €36k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€207k€209k▲
Fixed assets21/28€36k€14k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€33k€13k▼
Plant, machinery and equipment23€31k€13k▼
Furniture and vehicles24€2k-
Current assets29/58€171k€194k▲
Stocks and contracts in progress3€14k€10k▼
Stocks30/36€14k€10k▼
Amounts receivable within one year40/41€67k€76k▲
Trade receivables40€67k€68k▲
Other amounts receivable41€17€8k▲
Cash at bank and in hand54/58€87k€106k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€207k€209k▲
Equity10/15€77k€97k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€72k€92k▲
Amounts payable17/49€130k€111k▼
Amounts payable after more than one year17€13k-
Financial debts170/4€13k-
Amounts payable within one year42/48€117k€109k▼
Current portion of amounts payable after more than one year42€20k€13k▼
Trade debts44€19k€43k▲
Suppliers440/4€19k€43k▲
Taxes, remuneration and social security45€19k€13k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€59k€40k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€36k€31k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€795€1k▲
Gross operating margin9900€99k€81k▼
Operating profit (loss)9901€38k€28k▼
Financial charges65/66B€1k€870▼
Recurring financial charges65€1k€870▼
Profit (loss) for the period before taxes9903€37k€27k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€29k€21k▼
Profit (loss) for the period to be appropriated9905€29k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€72k€92k▲
Profit (loss) brought forward from the previous period14P€43k€72k▲
The notes to these accounts (8 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
2026
24-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2022net €29k ▲30.6%
Operating result €38k, net result €29k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Truiden · 1 establishment unit since 2020
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.
Tongersesteenweg 1483800 Sint-TruidenGround area
642 m²
Building footprint
191 m²
Volume, LiDAR
1,269 m³
Parcel 71352D0930/00C016, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tongersesteenweg 148, 3800 Sint-Truiden
since 20202.310.027.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0930/00C016 | Flanders | 642 m² | 1 · 191 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
menuiserie S. MASSUIR
BE 0835.029.943
Plombières · Eq €97,408
Mathias Bernaerts
BE 0784.773.055
Wommelgem · Eq €97,359
C.L.C SERVICES
BE 0806.369.908
Rochefort · Eq €97,448
BCRM
BE 0738.996.775
Essen · Eq €97,477
BRITS KEUKENS
BE 0460.650.426
Kasterlee · Eq €97,526
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,710 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
Founded18-11-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.mdeckers.be
E-mail:info@mdeckers.be