Board changed. Latest change 19-08-2026 · 3 in office.
Bankruptcy probability: sector outside the modelTurnover not published (abbreviated format)
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
56
Fair
Without a bankruptcy probability, the score rests on the figures alone.
▲ +23 on 2024
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. Without a bankruptcy probability, the company's Checked score rests on these figures.
Average
55+15equity 29.9% of total assets
31-2short-term debt 42.4% · cash 0.8%
82+57return on assets 17.9%
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.47 (0.03 in 2024), below 1. Short-term debt is 42.4% and cash 0.8% of total assets. 70.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
The company filed its last 2 accounts on average 17 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803606396
Resignation: N3X INVESTMENTS NV (director)
General meeting of 15-06-2026 · Gazette deed
New managing directorF&F-INVEST BV appointed, BASRO BV resigned · Permanent representatives: Davy Matthé and Jeffry Van den Bulck · Director discharge: BASRO BV · General meeting of 14-01-2026 · Gazette deed
“Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin met uitzondering…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
MD BUILDING GROUP is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.5m and a net result of €2.7m.
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.