MD CLEANING
ActiveSummary
The computed 12-month bankruptcy probability of MD CLEANING is 2.4% (moderate). The 2025 annual accounts show equity of €9,192 and a net result of €1,514. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 4665 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-41
Solvency41=
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
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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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4665 sector peers (2025).
NBB · sector comparisonPosition among 4665 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €9,192
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
18 d late
2024
21 d late
2023
33 d early
2022
32 d early
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 18 August (5 of the last 5 filed years within 50 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€9,192▲ 19.7%
2024 · €7,678
Total assets
€57,741▲ 19.2%
2024 · €48,438
Net result
€1,514▼ 79.3%
2024 · €7,315
Working capital
€8,977
2024 · -€1,099
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,206--€9,066€19€7,593▲ 39,098%€3,704▼ 51.2%
Net result€7,208within the sector's middle half--€8,841below the sector's middle half-€504below the sector's middle half▲ 94.3%€7,315within the sector's middle half€1,514within the sector's middle half▼ 79.3%
Equity€9,708below the sector's middle half-€867below the sector's middle half▼ 91.1%€363below the sector's middle half▼ 58.1%€7,678below the sector's middle half▲ 2,015%€9,192below the sector's middle half▲ 19.7%
Total assets€84,265within the sector's middle half-€68,624within the sector's middle half▼ 18.6%€48,617below the sector's middle half▼ 29.2%€48,438below the sector's middle half▼ 0.4%€57,741within the sector's middle half▲ 19.2%
Debt€74,557-€67,756▼ 9.1%€48,254▼ 28.8%€40,760▼ 15.5%€48,548▲ 19.1%
Working capital-€19,045below the sector's middle half--€24,017below the sector's middle half▼ 26.1%-€20,143below the sector's middle half▲ 16.1%-€1,099within the sector's middle half▲ 94.5%€8,977within the sector's middle half
Solvency11.5%below the sector's middle half-1.3%below the sector's middle half▼ 10.3pp0.7%below the sector's middle half▼ 0.5pp15.9%below the sector's middle half▲ 15.1pp15.9%below the sector's middle half▲ 0.1pp
Current ratio0.65below the sector's middle half-0.58below the sector's middle half▼ 0.070.58below the sector's middle half=0.97within the sector's middle half▲ 0.391.18within the sector's middle half▲ 0.21
Return on assets (ROA)8.6%within the sector's middle half--12.9%below the sector's middle half▼ 21.4pp-1.0%below the sector's middle half▲ 11.8pp15.1%within the sector's middle half▲ 16.1pp2.6%within the sector's middle half▼ 12.5pp
Staff (FTE)1.4-1.9▲ 35.7%1.8▼ 5.3%1.7▼ 5.6%2▲ 17.6%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57,741
Fixed assets
€215 ▼ 97.5%
Current assets
€57,525 ▲ 45.0%
Equity and liabilities €57,741
Equity
€9,192 ▲ 19.7%
Debt
€48,548 ▲ 19.1%
Debt's share of the balance-sheet total falls from 84.1% to 84.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,073▼
2024 · €19,151
Cash flow
€2,883▼
2024 · €18,873
Debt to equity
5.28▼
2024 · 5.31
ROE
16.5%▼
2024 · 95.3%
Interest coverage
2.94▼
2024 · 61.98
Debt ≤ 1 year
€48,548▲
2024 · €40,760
Income taxes
€487
Staff costs
€103,725▲
2024 · €90,504
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €49,313 | €88,098 | €91,111 | €90,504 | €103,725 | ▲ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,160 | €13,699 | €12,492 | €11,558 | €1,368 | ▼ 88.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €889 | -€889 | - | - | - | - |
| Other operating charges640/8 | €611 | €1,900 | €882 | €834 | €1,017 | ▲ 22.0% |
| Non-recurring operating charges66A | - | - | €386 | - | - | - |
| Gross operating margin9900 | €65,180 | €93,743 | €104,890 | €110,488 | €109,814 | ▼ 0.6% |
| Operating profit (loss)9901 | €9,206 | -€9,066 | €19 | €7,593 | €3,704 | ▼ 51.2% |
| Financial income75/76B | - | €1,089 | €67 | €31 | €20 | ▼ 37.3% |
| Recurring financial income75 | - | €1,089 | €67 | €31 | €20 | ▼ 37.3% |
| Financial charges65/66B | €253 | €864 | €591 | €309 | €1,723 | ▲ 458% |
| Recurring financial charges65 | €253 | €864 | €591 | €309 | €1,723 | ▲ 458% |
| Profit (loss) for the period before taxes9903 | €8,953 | -€8,841 | -€504 | €7,315 | €2,001 | ▼ 72.6% |
| Income taxes67/77 | €1,745 | - | - | - | €487 | - |
| Profit (loss) for the period9904 | €7,208 | -€8,841 | -€504 | €7,315 | €1,514 | ▼ 79.3% |
| Profit (loss) for the period to be appropriated9905 | €7,208 | -€8,841 | -€504 | €7,315 | €1,514 | ▼ 79.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €84,265 | €68,624 | €48,617 | €48,438 | €57,741 | ▲ 19.2% |
| Formation expenses20 | €333 | - | - | - | - | - |
| Fixed assets21/28 | €48,364 | €34,997 | €20,506 | €8,777 | €215 | ▼ 97.5% |
| Tangible fixed assets22/27 | €48,364 | €34,997 | €20,506 | €8,777 | €215 | ▼ 97.5% |
| Plant, machinery and equipment23 | €3,941 | €2,599 | €1,257 | €249 | - | - |
| Furniture and vehicles24 | €43,008 | €31,283 | €18,433 | €8,012 | - | - |
| Other tangible fixed assets26 | €1,415 | €1,115 | €815 | €515 | €215 | ▼ 58.2% |
| Current assets29/58 | €35,569 | €33,627 | €28,111 | €39,661 | €57,525 | ▲ 45.0% |
| Amounts receivable within one year40/41 | €14,509 | €19,900 | €9,015 | €23,656 | €33,621 | ▲ 42.1% |
| Trade receivables40 | €14,509 | €19,488 | €9,015 | €23,656 | €33,621 | ▲ 42.1% |
| Other amounts receivable41 | - | €412 | - | - | - | - |
| Cash at bank and in hand54/58 | €17,713 | €9,335 | €16,681 | €12,794 | €21,684 | ▲ 69.5% |
| Deferred charges and accrued income490/1 | €3,346 | €4,392 | €2,415 | €3,211 | €2,220 | ▼ 30.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €84,265 | €68,624 | €48,617 | €48,438 | €57,741 | ▲ 19.2% |
| Equity10/15 | €9,708 | €867 | €363 | €7,678 | €9,192 | ▲ 19.7% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €7,208 | -€1,633 | -€2,137 | €5,178 | €6,692 | ▲ 29.2% |
| Amounts payable17/49 | €74,557 | €67,756 | €48,254 | €40,760 | €48,548 | ▲ 19.1% |
| Amounts payable after more than one year17 | €19,943 | €10,112 | - | - | - | - |
| Financial debts170/4 | €19,943 | €10,112 | - | - | - | - |
| Amounts payable within one year42/48 | €54,614 | €57,644 | €48,254 | €40,760 | €48,548 | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | €9,557 | €9,831 | €10,112 | - | - | - |
| Trade debts44 | €60 | €2,374 | €904 | €1,833 | €4,513 | ▲ 146% |
| Suppliers440/4 | €60 | €2,374 | €904 | €1,833 | €4,513 | ▲ 146% |
| Taxes, remuneration and social security45 | €16,020 | €16,109 | €11,686 | €10,533 | €15,588 | ▲ 48.0% |
| Taxes450/3 | €3,333 | €2,949 | €825 | €1,142 | €1,247 | ▲ 9.2% |
| Remuneration and social security454/9 | €12,687 | €13,160 | €10,861 | €9,391 | €14,341 | ▲ 52.7% |
| Other amounts payable47/48 | €28,977 | €29,330 | €25,552 | €28,395 | €28,447 | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,208 | -€8,841 | -€504 | €7,315 | €1,514 | ▼ 79.3% |
| + Depreciation and write-downs630 | €5,160 | €13,699 | €12,492 | €11,558 | €1,368 | ▼ 88.2% |
| Operating cash flow (approximation) | €12,368 | €4,858 | €11,987 | €18,873 | €2,883 | ▼ 84.7% |
| Investment in fixed assets (approximation) | - | -€333 | €1,999 | €171 | €7,193 | ▲ 4,104% |
| Change in cash | - | -€8,379 | €7,346 | -€3,887 | €8,890 | ▲ 329% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Back to profitnet €7,315
Net result €7,315 after 2 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€8,841
Net result drops to -€8,841, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Engis · 1 establishment unit since 2021
Ground area
747 m²
Building footprint
167 m²
Volume, LiDAR
1,165 m³
Parcel 61027A0122/00B000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MD CLEANING
since 20212.316.781.751
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61027A0122/00B000 | Wallonia | 747 m² | 1 · 167 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,362 companies in this sector we hold annual accounts for 2,745. 1,727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded16-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
82990Other business support services
Contact
E-mail
Delvenne_Maxime@hotmail.comEngis
Phone
0495/10.49.46Engis
E-invoicing
Reachable via Peppol
Peppol ID
0208:0766814395
Registered
12-05-2021
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.