MD CREATIVE
ActiveSummary
The computed 12-month bankruptcy probability of MD CREATIVE is 8.8% (elevated). The 2023 annual accounts show equity of €17,420 and a net result of €13,420. Its solvency ranks better than 83% of 33,181 sector peers (NACE 43, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
Turnover
€54,344
EBIT margin
33.3%
Net result
€13,420
Working capital
€9,779
Balance-sheet composition
Assets €23,048
Fixed assets
€7,640
Current assets
€15,408
Equity and liabilities €23,048
Equity
€17,420
Debt
€5,628
Debt finances 24.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€20,726
Cash flow
€16,065
Current ratio
2.74
Debt to equity
0.32
ROE
77.0%
ROA
58.2%
Interest coverage
over 100
Debt ≤ 1 year
€5,628
Income taxes
€4,728
Annual accounts
| Line | 2023 |
|---|---|
| Turnover70 | €54,344 |
| Goods, raw materials, services and sundry goods60/61 | €34,143 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,646 |
| Other operating charges640/8 | €387 |
| Gross operating margin9900 | €21,113 |
| Operating profit (loss)9901 | €18,080 |
| Financial income75/76B | €73 |
| Recurring financial income75 | €73 |
| Financial charges65/66B | €5 |
| Recurring financial charges65 | €5 |
| Profit (loss) for the period before taxes9903 | €18,148 |
| Income taxes67/77 | €4,728 |
| Profit (loss) for the period9904 | €13,420 |
| Profit (loss) for the period to be appropriated9905 | €13,420 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €23,048 | |
| Fixed assets21/28 | €7,640 | |
| Tangible fixed assets22/27 | €7,640 | |
| Plant, machinery and equipment23 | €1,139 | |
| Furniture and vehicles24 | €6,501 | |
| Current assets29/58 | €15,408 | |
| Amounts receivable within one year40/41 | €2,985 | |
| Other amounts receivable41 | €2,985 | |
| Cash at bank and in hand54/58 | €12,051 | |
| Deferred charges and accrued income490/1 | €371 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €23,048 | |
| Equity10/15 | €17,420 | |
| Contributions10/11 | €4,000 | |
| Reserves13 | €10,000 | |
| Distributable reserves133 | €10,000 | |
| Profit (loss) carried forward14 | €3,420 | |
| Amounts payable17/49 | €5,628 | |
| Amounts payable within one year42/48 | €5,628 | |
| Taxes, remuneration and social security45 | €5,628 | |
| Taxes450/3 | €5,328 | |
| Remuneration and social security454/9 | €300 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €13,420 |
| + Depreciation and write-downs630 | €2,646 |
| Operating cash flow (approximation) | €16,065 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2023 | micro format | 31-10-2023 | 2023-00498990 |
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Of the 3,977 active companies whose main activity is plastering work (NACE 43310), figures are known for 1,754. 1,282 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.