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MdB Partners

Active
Private limited companyfounded 20242 years activeRijvisschestraat 118B, 9052 Gent, BelgiumKBO/BCE: BE 1009.179.189
Summary

MdB Partners has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of -€448,310. The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Activity
Activity not known1 site
Size
€4.5mtotal assets 2025
Equity
€2.1m
Loss
-€448,310
Turnover not published (abridged schema)
Financial health
80 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.5%
Structure
Parent
IFC Services · 60%
Accounts filed 31 days late1 of 2 deeds read
Why 80- Liquidity: current ratio 0.16, cash €9,560- Latest accounts 31 days late; 1 of the last 3 late+ Size: total assets €4.5m+ No main activity registeredShow the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (no NACE code, small)
Financial strength
Weak
Solvency 71
equity 45.7% of total assets
Liquidity 50
short-term debt 2.2% · cash 0.2%
Profitability 6
return on assets -10.0%
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 06-2025: 2.4% 07-2025: 2.5%▲ +0.1 percentage points vs 06-2025 08-2025: 2.5%● unchanged vs 07-2025 09-2025: 3.1%▲ +0.6 percentage points vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 3.4%▲ +0.3 percentage points vs 10-2025 12-2025: 3.6%▲ +0.2 percentage points vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.5%▼ -0.1 percentage points vs 01-2026 03-2026: 3.5%● unchanged vs 02-2026 04-2026: 3.9%▲ +0.4 percentage points vs 03-2026 05-2026: 3.9%● unchanged vs 04-2026 06-2026: 4.6%▲ +0.7 percentage points vs 05-2026highest value 07-2026: 4.6%● unchanged vs 06-2026highest value 08-2026: 4.6%● unchanged vs 07-2026highest value 09-2026: 0.5%▼ -4.1 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit up to €160,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.16; short-term debt: 2.2% and cash: 0.2% of total assets), and 54.3% of the assets are financed with debt.
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, small): better than 44% on solvency, 51% on liquidity and 2% on profitability.

The bankruptcy probability was computed on 06-10-2026 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).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €4.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.16, cash €9,560
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Capital & shares · MiscellaneousCapital contribution · Statutes amendment…

Key points

  • Controlled by IFC Services 60% View
  • Total assets 2025first fiscal year filed €4.5m View
  • Active since 2024founded 07-05-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.5m
Loss
-€448,310
Solvency
45.7%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Founded
07-05-2024
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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