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MD ECOCONCEPT

Active
Private limited companyfounded 2024active for 2 yearsLeuvensestraat 131, 3300 Tienen, Belgium215 active companies are registered at this addressKBO/BCE: BE 1014.152.222
Summary

MD ECOCONCEPT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,349 and a net result of €6,349. Its solvency ranks better than 32% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (6 days) Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393470.

Equity
€14,349
Total assets
€47,208
Net result
€6,349
Working capital
-€6,010

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €47,208
Fixed assets €20,359
Current assets €26,849
Equity and liabilities €47,208
Equity €14,349
Debt €32,860
Debt finances 69.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€8,571
Cash flow
€6,733
Current ratio
0.82
Debt to equity
2.29
ROE
44.2%
ROA
13.4%
Interest coverage
74.55
Debt ≤ 1 year
€32,860
Income taxes
€1,723
Staff costs
€572

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€47,208
Fixed assets21/28€20,359
Tangible fixed assets22/27€20,359
Land and buildings22€9,891
Plant, machinery and equipment23€10,469
Current assets29/58€26,849
Amounts receivable within one year40/41€16,529
Trade receivables40€8,434
Other amounts receivable41€8,095
Cash at bank and in hand54/58€10,320
Equity and liabilities
Total equity and liabilities10/49€47,208
Equity10/15€14,349
Contributions10/11€8,000
Profit (loss) carried forward14€6,349
Amounts payable17/49€32,860
Amounts payable within one year42/48€32,860
Trade debts44€27,578
Suppliers440/4€27,578
Taxes, remuneration and social security45€5,281
Taxes450/3€3,724
Remuneration and social security454/9€1,558
Income statement Code2025
Remuneration, social security and pensions62€572
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€384
Gross operating margin9900€9,143
Operating profit (loss)9901€8,187
Financial charges65/66B€115
Recurring financial charges65€115
Profit (loss) for the period before taxes9903€8,072
Income taxes67/77€1,723
Profit (loss) for the period9904€6,349
Profit (loss) for the period to be appropriated9905€6,349
Appropriation of the result
Profit (loss) to be appropriated9906€6,349

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€572
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€384
Gross operating margin9900€9,143
Operating profit (loss)9901€8,187
Financial charges65/66B€115
Recurring financial charges65€115
Profit (loss) for the period before taxes9903€8,072
Income taxes67/77€1,723
Profit (loss) for the period9904€6,349
Profit (loss) for the period to be appropriated9905€6,349
Line2025
Assets
Total assets20/58€47,208
Fixed assets21/28€20,359
Tangible fixed assets22/27€20,359
Land and buildings22€9,891
Plant, machinery and equipment23€10,469
Current assets29/58€26,849
Amounts receivable within one year40/41€16,529
Trade receivables40€8,434
Other amounts receivable41€8,095
Cash at bank and in hand54/58€10,320
Equity and liabilities
Total equity and liabilities10/49€47,208
Equity10/15€14,349
Contributions10/11€8,000
Profit (loss) carried forward14€6,349
Amounts payable17/49€32,860
Amounts payable within one year42/48€32,860
Trade debts44€27,578
Suppliers440/4€27,578
Taxes, remuneration and social security45€5,281
Taxes450/3€3,724
Remuneration and social security454/9€1,558
Line2025
Profit (loss) for the period9904€6,349
+ Depreciation and write-downs630€384
Operating cash flow (approximation)€6,733

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 06-08-2026 2026-00393470

Similar companies · same sector, comparable size

Of the 22,639 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,505. 6,611 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.