Equity
€5.7m ▲ 537%
Equity rose in 2025 from €901,018 to €5.7m.
MD1 CENTER HOUSE
Lifetime
17 annual accounts with figures on one time axis, 32 filings since 1994peak €871,534 (2014)
-not published
lowest -€678,276 (2024)
€4.8m▲ €5.5m
peak €5.7m (2025)
€5.7m▲ 537%
€1.4m▼ 61.9%
Board10 names since 2017
1 directorPHG ASSET MANAGEMENT
Owners2 names in the annual accounts
consolidatesMACAN DEVELOPMENT
Documentsfilings and deeds
07-10-202668 days late
2025financial year
Gross margin from €44,044 to €6.1mBack to profit: €4.8mResignation: SRL OKIMONO (director) 22-08Equity from €901,018 to €5.7mDebts from €3.8m to €1.4mCash from €23,505 to €109,427
Key points
from the 2025 annual accountsTurnover
≈ €6.1m estimated
The accounts state no turnover.
Liquidity
3.03 was 0.15 in 2024
Short-term debts fell from €1.6m to €1.4m.
Filings
32 annual accounts 68 days
Latest accounts filed late: after the legal deadline.
At the same address
280 companies
Position in the sector
€4.8m
Higher net result than 95% of companies in real estate. Sector median €20,526 · 5,817 companies.
Checked score
98
Excellent
Financially stronger than 83% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 68 days late; 1 of the last 3 accounts late
Liquidity: current ratio 3.03, cash €109,427
lowers risk
Size: total assets €7.2m
Founded in 1993
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 68, small). It does better than 92% of them on solvency, 43% on liquidity, 99% on profitability and 99% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,579 companies had the same profile as MD1 CENTER HOUSE has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of MD1 CENTER HOUSE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,579 companies, not a prediction for MD1 CENTER HOUSE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.03 (0.15 in 2024), above the usual 1.5. Short-term debt is 20% and cash 1.5% of total assets. 20% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €5.7m
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-10-2026, 68 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
68 days late
2024
36 days early
2023
28 days early
2022
33 days early
2021
32 days early
2020
40 days early
2019
57 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 23 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
JM
J.MARKO REVISEUR ENTREPRISE
Auditor
- MACAN DEVELOPMENT 100%score 85equity €10.3m (2025) · 2025 annual accounts of MACAN DEVELOPMENT
Recent changes
Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES (statutory auditor)
General meeting of 26-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451767602
Resignation: SRL OKIMONO (director)
General meeting of 25-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as MD1 CENTER HOUSE: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €5.5m and €14m, founded between 1983 and 1994.
Official details
Source: KBO- Status
- Active since 23-12-1993Normal situation
- Registered office
- 281 active companies are registered at this address12 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.065.309.6471050 Ixelles, since 25-01-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Companies linked to MD1 CENTER HOUSE
Parent and group
Insights on MD1 CENTER HOUSE
MD1 CENTER HOUSE has existed since 1993. Turnover fell from €871,534 in 2014 to €307,474 in 2015.
Solvency rose in 2025 from 19.3% to 80.0% because of the retained profit and lower debts.
MACAN DEVELOPMENT holds all the shares. In November 2021, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MD1 CENTER HOUSE
- What is the company number of MD1 CENTER HOUSE?
- The company number of MD1 CENTER HOUSE is 0451.767.602. The VAT number is the same number with BE in front: BE 0451.767.602.
- Where is MD1 CENTER HOUSE based?
- The registered office is at Louizalaan 251, 1050 Ixelles.Company details
- What does MD1 CENTER HOUSE do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of MD1 CENTER HOUSE?
- MD1 CENTER HOUSE is a public limited company (NV).
- When was MD1 CENTER HOUSE founded?
- MD1 CENTER HOUSE was founded on 23-12-1993.
- Is MD1 CENTER HOUSE still active?
- Yes, MD1 CENTER HOUSE is an active enterprise in the KBO register.
- What is the turnover of MD1 CENTER HOUSE?
- The turnover in financial year 2025 is ≈ €6.1m. This figure is estimated from the gross margin of €6.1m and 31 comparable companies (NACE 68201). It probably lies between €5.7m and €6.9m. In financial year 2021 turnover was €865,302.Financials
- Is MD1 CENTER HOUSE profitable?
- In financial year 2025, MD1 CENTER HOUSE made a profit of €4.8m.
- Where can I find the annual accounts of MD1 CENTER HOUSE?
- MD1 CENTER HOUSE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MD1 CENTER HOUSE due?
- MD1 CENTER HOUSE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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