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MD DEPANNAGE

Active
Private limited companyfounded 201114 years activeRue Gaston-Pieters,S.St-L. 134, 5070 Fosses-la-Ville, BelgiumKBO/BCE: BE 0840.273.683
Summary

MD DEPANNAGE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €631,594. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 71% of 880 sector peers (NACE 52, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Service activities incidental to land transportation
NACE 52210
#6 company by equity in the province of Namur, Warehousing and transport support sector6 sites
Size
€4.2mtotal assets 2025
Staff
12.8 FTE
Equity
€2.5m
Profit
€631,594
Financial health
92 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Accounts filed 50 days late0 of 6 deeds read
Why 92- Latest accounts 50 days late; 2 of the last 3 late- Sector Warehousing and support activities for transportation (NACE 52)+ Size: 12.8 FTE, total assets €4.2m+ Liquidity: current ratio 2.34, cash €801,326Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 83% of its sector peers (NACE 52, small)
Financial strength · tick = 2024
Strong
Solvency 84-1
equity 58.8% of total assets
Liquidity 61+5
short-term debt 30.7% · cash 19.1%
Profitability 88-8
return on assets 15.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (598 companies)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%▲ +0.2 percentage points vs 03-2025 05-2025: 1.1%▲ +0.3 percentage points vs 04-2025 06-2025: 0.3%▼ -0.8 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.4%▲ +0.1 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▲ +0.3 percentage points vs 04-2026 06-2026: 1.0%▲ +0.2 percentage points vs 05-2026 07-2026: 1.3%▲ +0.3 percentage points vs 06-2026 08-2026: 1.4%▲ +0.1 percentage points vs 07-2026 09-2026: 1.7%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -1.5 percentage points vs 09-2026lowest value
Credit up to €220,000 at 30 days acceptable
Liquidity ample (current ratio 2.34 against 3.04 in 2024; short-term debt: 30.7% and cash: 19.1% of total assets), and 41.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 52, small): better than 76% on solvency, 80% on liquidity, 89% on profitability and 85% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 50 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: 12.8 FTE, total assets €4.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.34, cash €801,326
NBB · annual accounts
raises risk · Sector Warehousing and support activities for transportation (NACE 52)
KBO
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-06-2026, 50 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 · 10 filings
Deviation from the deadline
2025
50 days late
2024
23 days late
2023
97 days late
2022
82 days early
2021
16 days early
2020
23 days early
2019
40 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 May (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Equity above €2mEq €2.5m ▲34.5%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Among the best 7% on net resultsector median €31,269 · 876 companies €631,594 View
  • Positive: Equity rose in 2025from €1.8m to €2.5m ▲ 34.5% View
  • Total assets 20256 fiscal years filed €4.2m View

By topic

Financials

Fiscal year
2025
Total assets
€4.2m
Profit
€631,594
Solvency
58.8%
Total assets▲ 36.5%
Net result
20192025
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 30-04-2027
  1. 30-09-2024Highest result since 2019
  2. 05-08-2024Annual accounts filed
  3. 07-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
6
Legal form
Private limited company
Activity
Service activities incidental to land transportationNACE 52210
Founded
14-10-2011
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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