Equity
MDB Plus has made a profit in every financial year since 2009.
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MDB Plus has made a profit in every financial year since 2009.
The result fell in 2026 from €3.7m to €2.2m.
MDB Plus pays its suppliers 26 days earlier than in 2025. Customers pay 8 days later.
The last five annual accounts were filed 12 to 63 days before the end of the period.
Heads a group.
Higher net result than 95% of companies in head offices and management consultancy. Sector median €43,797 · 570 companies.
In July 2024, 546 companies had the same profile as MDB Plus has now. Each dot stands for 2 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 546 companies, not a prediction for MDB Plus. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
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Shares in 5 companies, including and
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| Company | ||||
|---|---|---|---|---|
| MDB Plus Liège | €13.9m | €631,720 | 90.7% | - |
| PHG Destelbergen | €14.6m | €625,683 | 19.8% | 0 |
| Dreamvision Brussels | €13.2m | €684,711 | 34.6% | - |
| Cross Holdings Waregem | €15.7m | €699,169 | 75.6% | 5.2 |
| DE VOR BEHEER Oud-Turnhout | €14.5m | €589,314 | 95.9% | 0 |
| CCE-Solutions Oosterzele | €12.8m | €536,371 | 82.3% | 0 |
| SBS GROUP Aalst | €14.4m | €718,703 | 85.1% | 4.2 |
These companies have the same main activity as MDB Plus: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €13m and €16m, founded between 2006 and 2010.
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MDB Plus files the abbreviated format. That format states no turnover. The gross margin rose from €279,689 in 2009 to €631,720 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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