MD3 REAL ESTATE

Active

Public limited companyfounded 2024active for 1 yearLouizalaan 251, 1050 Elsene, Belgium283 active companies are registered at this addressKBO/BCE: BE 1017.178.028

Summary

MD3 REAL ESTATE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228,730 and a net result of €15,783, of which €20,742 non-recurring income. The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

MD3 REAL ESTATEActiveChecked score 67/100

Risk analysis Report Compare

Activity

“Toutes opérations et toutes études ayant trait à tous biens et à tous droits…” (deed in French)

From the articles, 5 activitiesNo NACE code in the KBO yet

Size

€1.6mtotal assets 2025

Equity: €228,730
Profit: €15,783

Financial health

67 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

Parent: MACAN.GROUP · 99.8%

PHG ASSET MANAGEMENTDirector · permanent representative GILLION Philippe

Auditor: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES2025 accounts filed 73 days late

Why 67raises riskLast filed accounts filed 73 days late; 2 of the last 3 lateNo registered site in the KBOlowers riskSize: total assets €1.6mNo main activity registeredShow the evidence

Checked score

Score 2025

67 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 39% of its sector peers (no NACE code, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 39+1

equity 14.0% of total assets

Liquidity 49-1

short-term debt 13.9% · cash 1.3%

Profitability 46+23

return on assets 1.0%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 1.2% 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.6 percentage points vs 07-2026 09-2026: 2.3%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -1.5 percentage points vs 09-2026lowest value

Credit of up to €15,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record

Liquidity insufficient (current ratio 0.1, compared with 0.52 in 2024, below 1; short-term debt: 13.9% and cash: 1.3% of total assets), and 86% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 25% on solvency, 32% on liquidity, 34% on profitability and 64% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises risk

Size: total assets €1.6m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Last filed accounts filed 73 days late; 2 of the last 3 late

NBB · filings

No main activity registered

KBO

No registered site in the KBO

KBO · seat and establishments

Young company

Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.

KBO · incorporation date

Age against the risk zone

2025 accounts filed 73 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-10-2026, 73 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 2 filings

Deviation from the deadline

2025

73 days late

2024

61 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 2 accounts on average 67 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

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.

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

12-10-2026 Annual accounts filedfinancial year 2025 · full…
31-12-2025 Back to profitnet €15,783
30-09-2025 Annual accounts filedfinancial year 2024 · full…

Key points

Caution: Latest accounts filed lateafter the legal deadline 73 days View
Controlled by MACAN.GROUPultimately: PHG ASSET MANAGEMENT 99.8% View
Branch taken over from MACAN PROPERTIEStakeover on 19-12-2024 2024 View

By topic

Financials

Financial year: 2025
Total assets: €1.6m
Profit: €15,783
Solvency: 14.0%

Total assets▼ 1.2%

Net result

20242025

Go to Financials

Board & ownership

Board: 1 member
Parent: MACAN.GROUP · 99.8%
Auditor: S.R.L. J. MARKO -…

PHG ASSET MANAGEMENTDirector

Go to Board & ownership

Network & group

Group: PHG ASSET MANAGEMENT
Connected companies: 14
Mergers and asset contributions: 1

Go to Network & group

Timeline

Events: 6
Since: 2024
Next accounts: by 31-07-2027

22-08-2025Appointment: S.R.L. J. MARKO - REVISEUR D'ENTREPRISES…
22-08-2025Resignation: OKIMONO (director)
19-12-2024Incorporation

Go to Timeline

Company details

Legal form: Public limited company
Founded: 11-12-2024
Year ends: 31-12
Peppol: Not found in the Peppol directory

Go to Company details

Articles of association

Provisions read: 41

Who signs: Two directors jointly
Annual meeting: Second Tuesday of April at 11:00
Purpose: “Toutes opérations et toutes études ayant trait à tous biens et à tous droits immobiliers…” (deed in French)

Go to Articles of association

Key facts about MD3 REAL ESTATE

What is the company number of MD3 REAL ESTATE?: 1017.178.028. In Belgium the VAT number is the company number with BE in front: BE 1017.178.028.
Where is MD3 REAL ESTATE based?: The registered office is at Louizalaan 251, 1050 Elsene.Company details
What is the legal form of MD3 REAL ESTATE?: Public limited company (NV).
When was MD3 REAL ESTATE founded?: On 11-12-2024.
Is MD3 REAL ESTATE still active?: Yes, MD3 REAL ESTATE is an active enterprise in the KBO register.
What is the turnover of MD3 REAL ESTATE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MD3 REAL ESTATE profitable?: In financial year 2025, MD3 REAL ESTATE made a profit of €15,783.
Where can I find the annual accounts of MD3 REAL ESTATE?: MD3 REAL ESTATE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MD3 REAL ESTATE due?: By 31-07-2027, for financial year 2026.Timeline