Management Project Development
ActiveThe computed 12-month bankruptcy probability of Management Project Development is 1.7% (moderate). The 2025 annual accounts show equity of €31k and a net result of €71k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 50% of 7321 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
94
/ 100
Excellent▲ +79 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency87▲+54
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 0.43 in 2024), but 56.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
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
43.8%
Return on assets
99.2%
Age of the figures
11 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-05-2026, 30 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
30 d late
2024
18 d early
2023
on the day
2022
48 d early
2021
13 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k
2024 · €-40k
2021: €55k
2022: €129k
2023: €-30k
2024: €-40k
2021 → 2025
Total assets
€72k▼ 11.4%
2024 · €81k
2021: €104k
2022: €291k
2023: €226k
2024: €81k
2021 → 2025
Net result
€71k
2024 · €-10k
2021: €25k
2022: €73k
2023: €-159k
2024: €-10k
2021 → 2025
Working capital
€28k
2024 · €-63k
2021: €13k
2022: €86k
2023: €-68k
2024: €-63k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€129k▲ 132%€-30k€-40k▼ 31.9%€31k
Operating result€35k-€101k▲ 189%€-162k€4k€70k▲ 1,865%
Net result€25k-€73k▲ 187%€-159k€-10k▲ 93.9%€71k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,865% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€14k▼ 56.6%
Current assets
€57k▲ 20.1%
Equity and liabilities €72k
Equity
€31k
Debt
€40k
Debt finances 56.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€72k▲
2024 · €8k
Cash flow
€72k▲
2024 · €-5k
Solvency
43.8%▲
2024 · -49.1%
Current ratio
1.93▲
2024 · 0.43
Quick ratio
1.93▲
2024 · 0.43
Debt / equity
1.28▲
2024 · -3.04
ROE
226.6%▲
2024 · 24.2%
ROA
99.2%▲
2024 · -11.9%
Interest coverage
1017.33▲
2024 · 0.64
Debt
€40k▼
2024 · €121k
Debt ≤ 1 year
€30k▼
2024 · €110k
Debt > 1 year
€11k=
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€81k€72k▼
Fixed assets21/28€33k€14k▼
Tangible fixed assets22/27€2k€6k▲
Land and buildings22€2k€1k▼
Furniture and vehicles24-€5k
Financial fixed assets28€32k€9k▼
Current assets29/58€48k€57k▲
Amounts receivable within one year40/41€2k€34k▲
Trade receivables40-€778
Other amounts receivable41€2k€33k▲
Cash at bank and in hand54/58€28€23k▲
Deferred charges and accrued income490/1€46k-
Equity and liabilities
Total equity and liabilities10/49€81k€72k▼
Equity10/15€-40k€31k▲
Contributions10/11€30k€30k=
Reserves13€40k€40k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€-110k€-39k▲
Amounts payable17/49€121k€40k▼
Amounts payable after more than one year17€11k€11k=
Financial debts170/4€11k€11k=
Amounts payable within one year42/48€110k€30k▼
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Taxes, remuneration and social security45€3k€154▼
Remuneration and social security454/9€3k€154▼
Other amounts payable47/48€98k€19k▼
Income statement
Code20242025
Remuneration, social security and pensions62€14k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€1k▼
Other operating charges640/8€394€433▲
Gross operating margin9900€22k€72k▲
Operating profit (loss)9901€4k€70k▲
Financial income75/76B€1€884▲
Recurring financial income75€1€884▲
Financial charges65/66B€13k€70▼
Recurring financial charges65€13k€70▼
Profit (loss) for the period before taxes9903€-10k€71k▲
Profit (loss) for the period9904€-10k€71k▲
Profit (loss) for the period to be appropriated9905€-10k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-110k€-39k▲
Profit (loss) brought forward from the previous period14P€-100k€-110k▼
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
30-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
30-09
Financial
Back to profitnet €71k
Net result €71k after 2 loss-making years.
30-09
Financial
Liquidity quadruplescurrent ratio 1.93
Current ratio from 0.43 to 1.93; short-term debt falls from €110k to €30k.
12-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-159k ▼317%
Net result drops to €-159k, the lowest in the series; recovery starts the following year.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2021net €73k ▲187%
Operating result €101k, net result €73k, both a record.
30-09
Financial
Equity above €100kEq €129k ▲132%
2 profitable years in a row build equity to €129k.
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 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.
Schaarbeekstraat(MEL) 40A9120 Beveren-Kruibeke-ZwijndrechtGround area
2,509 m²
Building footprint
429 m²
Volume, LiDAR
1,596 m³
Parcel 46016F0470/00G000, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schaarbeekstraat(MEL) 40A, 9120 Beveren-Kruibeke-Zwijndrecht
since 20202.308.451.827
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016F0470/00G000 | Flanders | 2,509 m² | 1 · 429 m² | 7.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 1,039,568 EUR awarded · 1,039,568 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 2 | -2,062 EUR | 74 EUR |
| 2023 | 1 | 42,517 EUR | 42,517 EUR |
| 2022 | 2 | 999,113 EUR | 996,977 EUR |
Schemes
Dienstencheques
Opleidingsfonds dienstencheques
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,874. 12,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2020
Fiscal year end30-09
Abbreviation NL
M.P.D.
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@mpd.be