MANDEL DENTAL

Active

Private limited companyfounded 20215 yrs activeBroustinlaan 112-1, 1083 Ganshoren, BelgiumKBO/BCE: BE 0763.674.664

MANDEL DENTAL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 16491 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2025

66 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+8

Solvency27▼-73

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 86

Relative position

BE, all sectors

reference

Sector 86

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

2.4%

Return on assets

25.1%

Age of the figures

12 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 16491 sector peers (2025).

NBB · sector comparison

Position among 16491 sector peers

Solvency

better than 7%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

14 d early

2024

on the day

2023

34 d early

2022

87 d early

← before the deadline after the deadline →

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 months

Position in the running window

19-09-2026 today30-09-2026 close30-04-2027 deadline

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 2025, micro schema

Equity

€5k▼ 96.7%

2024 · €137k

2022: €69k 2023: €111k 2024: €137k

2022 → 2025

Total assets

€189k▲ 35.5%

2024 · €139k

2022: €79k 2023: €113k 2024: €139k

2022 → 2025

Net result

€47k▲ 83.7%

2024 · €26k

2022: €66k 2023: €42k 2024: €26k

2022 → 2025

Working capital

€301▼ 99.8%

2024 · €131k

2022: €69k 2023: €111k 2024: €131k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€69k-€111k▲ 60.3%€137k▲ 23.2%€5k▼ 96.7%

Operating result€83k-€54k▼ 35.7%€33k▼ 37.5%€59k▲ 77.2%

Net result€66k-€42k▼ 36.5%€26k▼ 38.4%€47k▲ 83.7%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 77% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €189k

97.7%

Fixed assets €4k▼ 33.6%

Current assets €185k▲ 38.8%

Equity and liabilities €189k

97.6%

Equity €5k▼ 96.7%

Debt €184k▲ 7,904%

The debt ratio rises from 1.7% to 97.6%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€61k▲

2024 · €34k

Cash flow

€50k▲

2024 · €26k

Solvency

2.4%▼

2024 · 98.3%

Current ratio

1.00▼

2024 · 57.74

Quick ratio

1.00▼

2024 · 57.74

Debt / equity

40.22▲

2024 · 0.02

ROA

25.1%▲

2024 · 18.5%

Interest coverage

235.04▲

2024 · 131.72

Debt

€184k▲

2024 · €2k

Debt ≤ 1 year

€184k▲

2024 · €2k

Income taxes

€14k▲

2024 · €7k

A ratio outside any meaningful range has been withheld (balance sheet total €189k, equity €5k).

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€139k€189k▲

Fixed assets21/28€6k€4k▼

Tangible fixed assets22/27€6k€4k▼

Plant, machinery and equipment23€6k€4k▼

Current assets29/58€133k€185k▲

Amounts receivable within one year40/41€24k€11k▼

Trade receivables40€16k€11k▼

Other amounts receivable41€8k-

Current investments50/53€72k€7k▼

Cash at bank and in hand54/58€36k€165k▲

Deferred charges and accrued income490/1€1k€1k▲

Equity and liabilities

Total equity and liabilities10/49€139k€189k▲

Equity10/15€137k€5k▼

Contributions10/11€4k€4k=

Profit (loss) carried forward14€134k€1k▼

Amounts payable17/49€2k€184k▲

Amounts payable within one year42/48€2k€184k▲

Trade debts44€2k€1k▼

Suppliers440/4€2k€1k▼

Taxes, remuneration and social security45-€3k

Taxes450/3-€3k

Other amounts payable47/48€226€180k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131€2k▲

Other operating charges640/8-€387

Gross operating margin9900€34k€62k▲

Operating profit (loss)9901€33k€59k▲

Financial income75/76B€4€2k▲

Recurring financial income75€4€2k▲

Financial charges65/66B€255€261▲

Recurring financial charges65€255€261▲

Profit (loss) for the period before taxes9903€33k€61k▲

Income taxes67/77€7k€14k▲

Profit (loss) for the period9904€26k€47k▲

Profit (loss) for the period to be appropriated9905€26k€47k▲

Appropriation of the result

Profit (loss) to be appropriated9906€134k€181k▲

Profit (loss) brought forward from the previous period14P€108k€134k▲

Profit to be distributed694/7-€180k

Return on contributions (dividend)694-€180k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 30-04-2027

2026

16-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

30-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-09

Financial Weakest financial yearnet €26k ▼38.4%

Net result drops to €26k, the lowest in the series; recovery starts the following year.

27-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-09

Financial Liquidity times 9current ratio 77.59

Current ratio from 8.54 to 77.59; short-term debt falls from €9k to €1k.

30-09

Financial Equity above €100kEq €111k ▲60.3%

2 profitable years in a row build equity to €111k.

02-02

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

2 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, Ganshoren · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Broustinlaan 112-11083 Ganshoren

Ground area

208 m²

Building footprint

167 m²

Volume, LiDAR

2,340 m³

2 parcels, Brussels · tallest building 21.2 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

MANDEL DENTAL

Carton de Wiartlaan 124A, 1090 JetteDental practice

since 20212.315.371.786

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21464E0031/02H003	Brussels	144 m²	1 · 108 m²	21.2 m · 5 fl.
21392B0029/00B010 ProtectedMonumentArt-nouveauhuisSource ↗	Brussels	64 m²	1 · 59 m²	17.6 m · 4 fl.