MD sourcing
The computed 12-month bankruptcy probability of MD sourcing is 0.7% (low). The 2024 annual accounts show equity of €126k and a net result of €74k. Equity is growing by ~124.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 2389 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €126k |
| Net result | €74k |
| Better than sector | 37% |
| Active | 4 yrs |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 50.0% | 63.2% | |
| Net result | €74k | €30k | |
| Equity | €126k | €64k | |
| Gross operating margin | €101k | €49k | |
| Total assets | €253k | €121k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €100k |
| Net profit | €74k |
| Cash flow | €75k |
| Staff costs | — |
| Income taxes | €24k |
| Dividends | — |
| Total assets | €253k |
| Equity | €126k |
| Debt | €127k |
| of which ≤ 1y | €127k |
| of which > 1y | — |
| Working capital | €126k |
| Employees (FTE) | — |
| 2024 | |
|---|---|
| Current ratio | 1.99 |
| Quick ratio | 1.99 |
| Working capital ratio | 49.7% |
| Solvency | 50.0% |
| Debt / equity | 1.00 |
| Long-term debt ratio | — |
| Interest coverage | 197.74 |
| Gross margin | — |
| Net margin | — |
| ROA | 29.5% |
| ROE | 59.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €253k |
| Fixed assets | 21/28 | €665 |
| Tangible fixed assets | 22/27 | €665 |
| Current assets | 29/58 | €252k |
| Amounts receivable within one year | 40/41 | €223k |
| Cash & bank | 54/58 | €29k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €253k |
| Equity | 10/15 | €126k |
| Contributions / capital | 10/11 | €500 |
| Accumulated profits (losses) | 14 | €126k |
| Amounts payable | 17/49 | €127k |
| Amounts payable within one year | 42/48 | €127k |
| Trade debts payable within one year | 44 | €71k |
| Income statement | ||
| Gross operating margin | 9900 | €101k |
| Operating result | 9901 | €99k |
| Financial charges | 65 | €504 |
| Result before taxes | 9903 | €98k |
| Income taxes | 67/77 | €24k |
| Net result for the period | 9904 | €74k |
| Result to be appropriated | 9905 | €74k |
-
Current20-02-2026 → present
Former directors (1)
-
Former— → 30-09-2025
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 18-11-2021 |
| Status | Active |
| Postal code | 1180 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0103/00Z009 | Brussels | 2,238 m² | 1 · 362 m² | 14.1 m · 2 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-02-2026 1 director appointed, 1 resigning
- Kévin Omar SAIHI — Bestuurder
- Mehdi DRINE — Bestuurder
Technical details
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},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
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"statutory": null,
"compensated": null,
"effective_date": "2025-09-30",
"evidence_quote": "La d\u00E9mission de Mehdi DRINE en qualit\u00E9 d\u0027administrateur de la soci\u00E9t\u00E9 avec prise d\u0027effet imm\u00E9diat.",
"decharge_status": "granted",
"mandate_duration": null,
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"effective_date_qualifier": "immediate"
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"evidence_quote": "L\u0027assembl\u00E9e le d\u00E9charge de toute responsabilit\u00E9 li\u00E9e \u00E0 son mandat.",
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{
"kind": "director_in",
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"evidence_quote": "La nommination de K\u00E9vin Omar SAIHI en qualit\u00E9 d\u0027administrateur de la soci\u00E9t\u00E9.",
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}
],
"notary": {
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},
"act_meta": {
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"filing_date": "2025-09-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-09-30",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0777.491.127",
"name_full": "MD sourcing",
"legal_form": "SRL"
},
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"co_filed_documents": [],
"corrected_publication_numac": null
}20-02-2026 1 director appointed, 1 resigning
- Kévin Omar SAIHI — Bestuurder
- Mehdi DRINE — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
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"name": "Mehdi DRINE",
"address": null,
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},
"effective_date": "2025-09-30",
"evidence_quote": "La d\u00E9mission de Mehdi DRINE en qualit\u00E9 d\u0027administrateur de la soci\u00E9t\u00E9 avec prise d\u0027effet imm\u00E9diat. L\u0027assembl\u00E9e le d\u00E9charge de toute responsabilit\u00E9 li\u00E9e \u00E0 son mandat.",
"discharge_granted": true
},
{
"kind": "director_in",
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"person": {
"rrn": null,
"name": "K\u00E9vin Omar SAIHI",
"address": null,
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},
"evidence_quote": "La nommination de K\u00E9vin Omar SAIHI en qualit\u00E9 d\u0027administrateur de la soci\u00E9t\u00E9."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0777.491.127",
"name_full": "MD SOURCING",
"legal_form": "SRL"
}
}14-07-2025 Registered office moved from Auderghem to Uccle
- Avenue Des Nénuphars 24; 1160 Auderghem - Belgique → Avenue Georges Lecointe 50-1180 Uccle
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue Georges Lecointe 50-1180 Uccle",
"city": "Uccle",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Georges Lecointe",
"country": "BE",
"postcode": "1180",
"box_number": null,
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},
"old_address": {
"raw": "Avenue Des N\u00E9nuphars 24; 1160 Auderghem - Belgique",
"city": "Auderghem",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Des N\u00E9nuphars",
"country": "BE",
"postcode": "1160",
"box_number": null,
"street_number": "24",
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},
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"evidence_quote": "1.Par d\u00E9cision de l\u0027assembl\u00E9e, en date du 19 Mai 2025, le si\u00E8ge social est transf\u00E9r\u00E9 de Avenue Des N\u00E9nuphars 24-1160 Auderghem vers Avenue Georges Lecointe 50-1180 Uccle",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
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"firm_name": null,
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},
"act_meta": {
"language": "mixed",
"pub_date": "2025-07-14",
"filing_date": "2025-05-19",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2025-05-19",
"unanimous": null
},
"subject_company": {
"kbo": "0777.491.127",
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"_kbo_filled_from_list": true
},
"publication_proxy": {
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"co_filed_documents": []
}14-07-2025 Registered office moved from Auderghem to Uccle
- Avenue Des Nénuphars 24, 1160 Auderghem → Avenue Georges Lecointe 50, 1180 Uccle
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Uccle",
"region": "Brussels",
"street": "Avenue Georges Lecointe",
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"postcode": "1180",
"box_number": null,
"street_number": "50"
},
"old_address": {
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"region": "Brussels",
"street": "Avenue Des N\u00E9nuphars",
"country": "BE",
"postcode": "1160",
"box_number": null,
"street_number": "24"
},
"effective_date": "2025-05-19",
"evidence_quote": "Par d\u00E9cision de l\u0027assembl\u00E9e, en date du 19 Mai 2025, le si\u00E8ge social est transf\u00E9r\u00E9 de Avenue Des N\u00E9nuphars 24-1160 Auderghem vers Avenue Georges Lecointe 50-1180 Uccle"
}
],
"schema": "v3.2",
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},
"subject_company": {
"kbo": "0777.491.127",
"name_full": "MD SOURCING",
"legal_form": "SRL"
}
}22-11-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1160 Auderghem, avenue des N\u00E9nuphars 24",
"schema": "v3.2",
"act_meta": {
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1983-10-21",
"name": "Monsieur DRINE Mehdi",
"niss": null,
"address": "1160 Auderghem, avenue des N\u00E9nuphars 24"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": "Monsieur DRINE Mehdi",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 500,
"subject_company": {
"kbo": "0777.491.127",
"name_full": "MD sourcing",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-11-17",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MD sourcing |