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Active
BE 0729.856.704Private limited companyOpen bankruptcy
MD Services
· 7 yrs active
Sector: Retail trade
(47811)
Conclusion
A bankruptcy procedure is open for MD Services according to publications in the Belgian State Gazette. The 2021 annual accounts show negative equity (€-269) and a net result of €-75.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-269 |
| Net result | €-75 |
| Active | 7 yrs |
| Locations | 1 |
Snowflake analysis
36
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
62
Solvency
44
Growth
72
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 17-03-2023 with the NBB · fiscal year 2022 · verkort
€353k
+216.6%
20-21
€-75
+61.4%
far below sector median
€65k
-51.2%
-47% vs sector
€-269
-38.6%
far below sector median
€-269
-38.6%
far below sector median
€65k
-51.0%
+298% vs sector
€65k
-51.0%
+298% vs sector
1.00
-0.3%
-81% vs sector
0.96
-4.1%
-80% vs sector
-0.4%
-183.7%
far below sector median
-242.40
-
far below sector median
27.8%
-72.2%
+10% vs sector
-0.1%
+21.0%
far below sector median
0.0%
+87.8%
20-21
Figures by fiscal year
| Fiscal year | 2021 |
|---|---|
| Revenue | €353k |
| EBITDA | - |
| Net profit | €-75 |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €65k |
| Equity | €-269 |
| Debt | €65k |
| of which ≤ 1y | €65k |
| of which > 1y | - |
| Working capital | €-269 |
| Employees (FTE) | - |
Ratios (computed)
| 2021 | |
|---|---|
| Current ratio | 1.00 |
| Quick ratio | 0.96 |
| Working capital ratio | -0.4% |
| Solvency | -0.4% |
| Debt / equity | -242.40 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | 0.1% |
| Net margin | 0.0% |
| ROA | -0.1% |
| ROE | 27.8% |
| EBITDA margin | - |
| Days sales outstanding | 41d |
| Days payable outstanding | - |
| Inventory turnover | 140.99 |
| Days inventory (DSI) | 3d |
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €65k |
| Current assets | 29/58 | €65k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €40k |
| Cash & bank | 54/58 | €22k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €65k |
| Equity | 10/15 | €-269 |
| Accumulated profits (losses) | 14 | €-269 |
| Amounts payable | 17/49 | €65k |
| Amounts payable within one year | 42/48 | €65k |
| Income statement | ||
| Turnover | 70 | €353k |
| Gross operating margin | 9900 | €516 |
| Operating result | 9901 | €516 |
| Financial charges | 65 | €591 |
| Result before taxes | 9903 | €-75 |
| Net result for the period | 9904 | €-75 |
| Result to be appropriated | 9905 | €-75 |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | WERENFRIED SCHWAGTEN PRINS BOUDEWIJN-
LAAN 177-179, 2610 WILRIJK (ANTWERPEN)- |
25-04-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Retail trade(47811) |
| Legal form | Private limited company(610) |
| Incorporation | 05-07-2019 |
| Status | Active |
| Postal code | - |
| First BS signal | 02-05-2024 |
| Latest BS signal | 02-05-2024 |
Company structure, linked entities
Mandates
Establishment units
MD Services
since 20192.291.287.181
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0273/00R000 | Flanders | 3,826 m² | 1 · 2,522 m² | 8.0 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
02-05-2024
Bankruptcy
Opening
2023
17-03-2023
NBB filing
Annual accounts filed
2022
26-04-2022
NBB filing
Annual accounts filed
2021
31-05-2021
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
02-05-2024
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)45201Carrosserieherstelling45204Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)95311Carrosserieherstelling (inclusief spuiten en verven)95314
Primary activity highlighted.
Names & trade names
| Legal nameNL | MD Services |
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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