Result
€82,933 €82,933
Back in profit in 2025, after a loss of €161,419 in 2024.
MD CENTER
Lifetime
20 annual accounts with figures on one time axis, 43 filings since 1983peak €1.4m (2015)
€1.2m▲ 26.0%
lowest -€161,419 (2024)
€82,933▲ €244,353
peak €807,505 (2022)
€714,488▲ 12.2%
€3.8m▼ 10.7%
peak 29.1 FTE (2016)
15.1 FTE▼ 21.4%
Board4 names since 2004
3 directorsRobert SCHELFHOUT and 2 others
Owners
100%QUADRUS HOLDING
Documentsfilings and deeds
12-06-202649 days before the deadline
2025financial year
Gross margin from €924,488 to €1.2mBack to profit: €82,933Staff from 19.2 FTE to 15.1 FTEEquity from €636,670 to €714,488Cash from €65,684 to €17,379
Key points
from the 2025 annual accountsDebts
€3.8m 84% of the balance sheet
Financial debts 39%Suppliers 36%Taxes and wages 5%Other 19%
€1.7m of the debts are secured on the company's own assets. In 2021 that was €2.2m.
Investments
€25,062 0.1 × depreciation
Green is investment, beige is depreciation.
Staff
15.1 FTE from 29.1 in 2016
Between 2016 and 2025, 48% of the full-time equivalents disappeared.
Filings
43 annual accounts since 1983
Seven of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.
Position in the sector
15.7%
Lower solvency than 82% of companies in wholesale trade. Sector median 45.2% · 6,191 companies.
Checked score
63
Healthy
Financially stronger than 32% of small companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%lowest value
01-2025: 0.8%● unchanged vs 12-2024lowest value
02-2025: 0.8%● unchanged vs 01-2025lowest value
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.9%▲ +0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.2 percentage points vs 06-2025
08-2025: 1.7%▲ +0.6 percentage points vs 07-2025
09-2025: 2.2%▲ +0.5 percentage points vs 08-2025highest value
10-2025: 1.8%▼ -0.4 percentage points vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.7%▼ -0.1 percentage points vs 12-2025
02-2026: 1.8%▲ +0.1 percentage points vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.9%▲ +0.1 percentage points vs 05-2026
07-2026: 1.4%▼ -0.5 percentage points vs 06-2026
08-2026: 1.4%● unchanged vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.97, cash €17,379, halved
Equity €714,488 (15.7% of total assets)
Size: 15.1 FTE, total assets €4.5m
1 of the last 3 accounts late
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 18% of them on solvency, 11% on liquidity, 27% on profitability and 72% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,685 companies had the same profile as MD CENTER has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
The bankruptcy probability of MD CENTER itself is higher: 1.4% within 12 months. It rests on far more data about MD CENTER than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for MD CENTER. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.97 (0.98 in 2024), below 1. Short-term debt is 69.6% and cash 0.4% of total assets. 84.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 6191 sector peers (2025).
NBB · sector comparisonPosition among 6191 sector peers
Solvency
better than 18%
← weakest
strongest →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 days early
2024
54 days late
2023
22 days late
2022
11 days late
2021
24 days late
2020
22 days early
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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. The company usually files around 23 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- QUADRUS HOLDING 100%equity €1.5m (2025) · 2025 annual accounts of QUADRUS HOLDING
Recent changes
Company renamed to MD-Center
New name: MD-Center · Reappointments: Robert SCHELFHOUT (director) and QUADRUS HOLDING (director) · Permanent representative: Karin CLAES · General meeting of 27-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0423160124
Reappointments: RobertSchelfhout (director) and QuadrusHoldingSA (director)
General meeting of 13-06-2019 · Gazette deed
New establishment in Gembloux
Rue de Fleurus, Sauv. 5
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MD CENTER Wavre | €4.5m | €1.2m | 15.7% | 15.1 |
| Bouwmaterialen Dejonghe Zonnebeke | €4.5m | €1.3m | 85.4% | 14 |
| Batibrique Arlon | €3.9m | €1.2m | 53.5% | 17.6 |
| MEERT Erpe-Mere | €5.0m | €1.0m | 21.1% | 12 |
| Jean-Luc DANNEELS Binche | €3.1m | €1.2m | 93.5% | 15 |
| WILLY CLYMANS Willebroek | €3.3m | €1.3m | 19.4% | 13.2 |
| VANDEMOORTELE BOUWMATERIALEN Oostkamp | €4.2m | €1.9m | 54.1% | 14.5 |
These companies have the same main activity as MD CENTER: wholesale of construction materials, general range (NACE 46831). They are comparable in size and age: total assets between €3.1m and €5m, founded between 1978 and 1986.
Official details
Source: KBO- Status
- Active since 11-10-1982Normal situation
- Activity
- Wholesale of construction materials, general rangeNACE 46831
- Establishment units
- 2.021.144.5571300 Wavre, since 11-10-1982
- 2.240.172.6365030 Gembloux, since 29-09-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- ≈ €4.9mestimated
- €4.5m▼ 7.7%
- Employeeson 31-12-2025
- 15▼ 16.7%
- Filing
- Filed on 12-06-2026, 49 days before the end of the filing period
Insights on MD CENTER
MD CENTER has existed since 1982. The gross margin grew from €771,415 in 2006 to €1.2m in 2025.
QUADRUS HOLDING holds all the shares. In January 2024, the Official Gazette published the appointment of Robert SCHELFHOUT as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MD CENTER
- What is the company number of MD CENTER?
- The company number of MD CENTER is 0423.160.124. The VAT number is the same number with BE in front: BE 0423.160.124.
- Where is MD CENTER based?
- The registered office is at Boulevard de l'Europe 115, 1300 Wavre.Company details
- What does MD CENTER do?
- According to the KBO register, the main activity is wholesale of construction materials, general range (NACE 46831).
- What is the legal form of MD CENTER?
- MD CENTER is a public limited company (NV).
- When was MD CENTER founded?
- MD CENTER was founded on 11-10-1982.
- Is MD CENTER still active?
- Yes, MD CENTER is an active enterprise in the KBO register.
- How many employees does MD CENTER have?
- MD CENTER had an average of 15.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MD CENTER?
- The turnover in financial year 2025 is ≈ €4.9m. This figure is estimated from the gross margin of €1.2m and 98 comparable companies (NACE 46). It probably lies between €2.9m and €8.3m.
- Is MD CENTER profitable?
- In financial year 2025, MD CENTER made a profit of €82,933.
- Where can I find the annual accounts of MD CENTER?
- MD CENTER filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MD CENTER due?
- MD CENTER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.