Skip to content

MD Europe

Active
Private limited company (pre-2019)founded 2009active for 17 yearsEglantier 59, 9920 Lievegem, BelgiumKBO/BCE: BE 0811.547.035

From the official registers: KBO 16 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MD Europe has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€103,354) and a net result of €20,954. Equity has been growing by about 8.1% per year since 2019. Its solvency ranks better than 9% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

KBO
Status
Active since 05-05-2009 Normal situation
Activity
Retail sale of solid, liquid and gaseous fuels, excluding motor fuels NACE 47781and 1 other
Establishment units
2.178.235.760 9920 Lievegem, since 05-05-2009
2.282.087.722 9000 Gent, since 01-12-2018
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board
  • Maes MarleenDirector

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 30-09-2025
Gross margin
€50,897
▲ 26.1%
Turnover
≈ €250,000
estimated
Profit
€20,954
▲ 143%
Equity
-€103,354
▲ 16.9%
Total assets
€110,111
▲ 24.7%
Filed on 29-04-2026, 1 day before the deadlinePDF
Score breakdownraises riskCapped at 59: negative equityNegative equity -€103,354Sector: Retail trade (NACE 47)lowers riskSize: total assets €110,111Founded in 2009Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 49% of micro companies in retail trade (NACE 47)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -93.9% of total assets
Liquidity 35+12
short-term debt 193.9% · cash 28.1%
Profitability 93+24
return on assets 19.0%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.6%▼ -0.1 percentage points vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.6%▼ -0.3 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.23 in 2024), below 1. Short-term debt is 193.9% and cash 28.1% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 32% on liquidity, 87% on profitability and 70% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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.
lowers riskraises riskneutral
raises risk · Negative equity -€103,354
NBB · annual accounts
lowers risk · Size: total assets €110,111
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 22726 sector peers (2025).
NBB · sector comparison
Position among 22726 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
2 days early
2023
4 days early
2022
11 days early
2021
2 days early
2020
1 day early
2019
30 days early
← 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 7 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€103,354 View
  • Caution: Less equity than 95% of companies in retail tradesector median €41,216 · 22,767 companies -€103,354 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €20,954 7 years View

Comparable companies

These companies have the same main activity as MD Europe: retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781). They are comparable in size and age: total assets between €104,000 and €140,000, founded between 2007 and 2014.

CompanyTotal assetsGross margin
MD Europe Lievegem€110,111€50,897
AGRODAN Alveringem€139,982€48,960
IMMO BIA Berlare€136,171€58,045
SISTERS OIL Sint-Lievens-Houtem€104,365€49,399
Fruits&Passions Anderlecht€124,454€38,269
enGin-us Remicourt€130,828€40,383
ISMYSTYLE Olen€116,392€40,232
Full comparison

Documents

Annual accounts at the NBB

All 16 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MD Europe

What is the company number of MD Europe?
The company number of MD Europe is 0811.547.035. The VAT number is the same number with BE in front: BE 0811.547.035.
Where is MD Europe based?
The registered office is at Eglantier 59, 9920 Lievegem.Company details
What does MD Europe do?
According to the KBO register, the main activity is retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781).
What is the legal form of MD Europe?
The legal form of MD Europe is Private limited company (pre-2019) (BVBA).
When was MD Europe founded?
MD Europe was founded on 05-05-2009.
Is MD Europe still active?
Yes, MD Europe is an active enterprise in the KBO register.
What is the turnover of MD Europe?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €50,897 and 44 comparable companies (NACE 477). It probably lies between €130,000 and €340,000.Financials
Is MD Europe profitable?
In financial year 2025, MD Europe made a profit of €20,954.
Where can I find the annual accounts of MD Europe?
MD Europe filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of MD Europe due?
MD Europe must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.