MD ALARMES
ActiveMD ALARMES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €120k and a net result of €19k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
67
/ 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
Profitability77=
Solvency66▼-8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.84 in 2024; short-term debt: 36.1% and cash: 15.5% of total assets), but 59.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
40.6%
Return on assets
6.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
43 d early
2023
37 d early
2022
52 d early
2021
31 d early
2020
32 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€120k▲ 7.2%
2024 · €112k
2018: €84k
2019: €83k
2020: €79k
2021: €107k
2022: €109k
2023: €120k
2024: €112k
2018 → 2025
Total assets
€296k▲ 30.1%
2024 · €228k
2018: €215k
2019: €196k
2020: €169k
2021: €218k
2022: €215k
2023: €215k
2024: €228k
2018 → 2025
Net result
€19k▲ 34.0%
2024 · €14k
2018: €33k
2019: €-1k
2020: €-4k
2021: €28k
2022: €5k
2023: €15k
2024: €14k
2018 → 2025
Working capital
€59k▲ 0.4%
2024 · €59k
2018: €84k
2019: €78k
2020: €81k
2021: €101k
2022: €99k
2023: €83k
2024: €59k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€109k▲ 2.2%€120k▲ 9.3%€112k▼ 6.2%€120k▲ 7.2%
Operating result€39k-€9k▼ 77.7%€19k▲ 119%€19k▼ 2.2%€26k▲ 40.1%
Net result€28k-€5k▼ 81.7%€15k▲ 184%€14k▼ 3.8%€19k▲ 34.0%
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 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €296k
Fixed assets
€130k▲ 33.0%
Current assets
€166k▲ 27.9%
Equity and liabilities €296k
Equity
€120k▲ 7.2%
Debt
€176k▲ 52.2%
The debt ratio rises from 50.8% to 59.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2024 · €42k
Cash flow
€53k▲
2024 · €38k
Solvency
40.6%▼
2024 · 49.2%
Current ratio
1.56▼
2024 · 1.84
Quick ratio
1.05▼
2024 · 1.14
Debt / equity
1.46▲
2024 · 1.03
ROE
15.9%▲
2024 · 12.7%
ROA
6.4%▲
2024 · 6.2%
Interest coverage
18.20▼
2024 · 21.79
Debt
€176k▲
2024 · €116k
Debt ≤ 1 year
€107k▲
2024 · €71k
Debt > 1 year
€69k▲
2024 · €45k
Income taxes
€7k▲
2024 · €5k
Staff costs
€132k▲
2024 · €109k
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€228k€296k▲
Fixed assets21/28€98k€130k▲
Intangible fixed assets21€29k€21k▼
Tangible fixed assets22/27€69k€109k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€65k€105k▲
Current assets29/58€130k€166k▲
Stocks and contracts in progress3€49k€54k▲
Stocks30/36€49k€54k▲
Amounts receivable within one year40/41€59k€61k▲
Trade receivables40€42k€46k▲
Other amounts receivable41€17k€14k▼
Cash at bank and in hand54/58€21k€46k▲
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€228k€296k▲
Equity10/15€112k€120k▲
Contributions10/11€20k€20k=
Reserves13€71k€82k▲
Distributable reserves133€71k€82k▲
Profit (loss) carried forward14€12k€12k=
Investment grants15€9k€6k▼
Amounts payable17/49€116k€176k▲
Amounts payable after more than one year17€45k€69k▲
Financial debts170/4€45k€69k▲
Amounts payable within one year42/48€71k€107k▲
Current portion of amounts payable after more than one year42€23k€34k▲
Trade debts44€17k€39k▲
Suppliers440/4€17k€39k▲
Taxes, remuneration and social security45€21k€25k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€18k€22k▲
Other amounts payable47/48€10k€9k▼
Income statement
Code20242025
Remuneration, social security and pensions62€109k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€34k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€157-
Gross operating margin9900€153k€194k▲
Operating profit (loss)9901€19k€26k▲
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€20k€26k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€14k€19k▲
Profit (loss) for the period to be appropriated9905€14k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€31k▲
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer from equity791/2€19k€8k▼
Transfer to equity691/2€14k€19k▲
To other reserves6921€14k€19k▲
Profit to be distributed694/7€19k€8k▼
Return on contributions (dividend)694€19k€8k▼
The notes to these accounts (12 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €107k ▲36.2%
Equity rises from €79k to €107k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2022
Resigned as Director
Location & real-estate footprint
Registered office, Stavelot · 1 establishment unit since 2011
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.
Chemin de Parfondruy 44970 StavelotGround area
257 m²
Building footprint
80 m²
Volume, LiDAR
681 m³
Parcel 63073B1143/00G000, Wallonia · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MD ALARMES
since 20112.201.837.048
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63073B1143/00G000 | Wallonia | 257 m² | 1 · 80 m² | 11.9 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
NET-Worx
BE 0878.755.464
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EPD MOBILE
BE 0663.890.863
Diest · Eq €121k
BluMerch
BE 0534.844.340
Zonhoven · Eq €121k
BiZZdesign België
BE 0829.269.925
Brussel · Eq €120k
RS - Data
BE 0466.551.192
Tienen · Eq €121k
Of 3,227 companies in sector 47400 we hold annual accounts for 1,806. 1,441 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2011
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
47400Retail sale of information and communication equipment
47420Retail trade
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
47559Retail sale of other household articles
47599Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.