MD Sales
ActiveThe computed 12-month bankruptcy probability of MD Sales is 1.8% (moderate). The 2025 annual accounts show equity of €21k and a net result of €-777. Its solvency ranks better than 95% of 11206 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32
Stability82
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 22.79 against 4.33 in 2024), and 4.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.6%
Return on assets
-3.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
7 d early
2024
6 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 3.6%
2024 · €22k
2024: €22k
2024 → 2025
Total assets
€22k▼ 22.4%
2024 · €28k
2024: €28k
2024 → 2025
Net result
€-777
2024 · €17k
2024: €17k
2024 → 2025
Working capital
€21k▼ 3.6%
2024 · €22k
2024: €22k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€22k-€21k▼ 3.6%
Operating result€21k-€-653
Net result€17k-€-777
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €653 after €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €22k
Equity
€21k▼ 3.6%
Debt
€961▼ 85.2%
The debt ratio falls from 23.1% to 4.4%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
95.6%▲
2024 · 76.9%
Current ratio
22.79▲
2024 · 4.33
Quick ratio
22.79▲
2024 · 4.33
Debt / equity
0.05▼
2024 · 0.30
ROE
-3.7%▼
2024 · 77.0%
ROA
-3.5%▼
2024 · 59.2%
Debt
€961▼
2024 · €7k
Debt ≤ 1 year
€961▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€28k€22k▼
Current assets29/58€28k€22k▼
Amounts receivable within one year40/41€435€88▼
Other amounts receivable41€435€88▼
Cash at bank and in hand54/58€27k€21k▼
Deferred charges and accrued income490/1€519€1k▲
Equity and liabilities
Total equity and liabilities10/49€28k€22k▼
Equity10/15€22k€21k▼
Contributions10/11€5k€5k=
Reserves13€17k€16k▼
Distributable reserves133€17k€16k▼
Amounts payable17/49€7k€961▼
Amounts payable within one year42/48€7k€961▼
Trade debts44-€961
Suppliers440/4-€961
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€2k-
Income statement
Code20242025
Other operating charges640/8€1k€462▼
Gross operating margin9900€22k€-191▼
Operating profit (loss)9901€21k€-653▼
Financial charges65/66B-€124
Recurring financial charges65-€124
Profit (loss) for the period before taxes9903€21k€-777▼
Income taxes67/77€4k-
Profit (loss) for the period9904€17k€-777▼
Profit (loss) for the period to be appropriated9905€17k€-777▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-777▼
Transfer from equity791/2-€777
Transfer to equity691/2€17k-
To other reserves6921€17k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 5current ratio 22.79
Current ratio from 4.33 to 22.79; short-term debt falls from €7k to €961.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, As · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dorpsstraat 493665 AsGround area
405 m²
Building footprint
135 m²
Volume, LiDAR
1,141 m³
Parcel 71002A0228/00H000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MD Sales
since 20232.353.206.241
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71002A0228/00H000 | Flanders | 405 m² | 1 · 135 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GEERT LIETAER
BE 0429.529.955
Poperinge · Eq €20k
DEVARCO
BE 0439.822.249
Tielt · Eq €22k
Stoeterij Celeste CB
BE 0728.643.016
Hoogstraten · Eq €19k
Alterna
BE 0432.881.997
Hasselt · Eq €23k
SCHOUT
BE 0418.683.870
Temse · Eq €23k
Of 944 companies in sector 46231 we hold annual accounts for 420. 184 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2023
Fiscal year end31-12
Activities, NACEBEL
46231Wholesale of live animals
85510Sports and recreation education
93127Equestrian clubs
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.