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MDBK

Active
Private limited companyfounded 2024active for 2 yearsWitte-Bergstraat 52, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 1013.563.787
Summary

MDBK has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,564 and a net result of €44,992. Its solvency ranks better than 64% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €120,000turnover 2025, estimated
Equity
€61,564
Profit
€44,992
Turnover estimated from the gross margin
Financial health
98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 28 days late
Why 98raises riskFounded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 3.03, cash €71,898Equity €61,564 (68.6% of total assets)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 81% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 94+6
equity 68.6% of total assets
Liquidity 87+4
short-term debt 31.4% · cash 80.1%
Profitability 100=
return on assets 50.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (48,445 companies, NACE 70, micro)
Last 24 months 10-2025: < 0.1% 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: < 0.1%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 3.03, compared with 2.68 in 2024, above the usual 1.5; short-term debt: 31.4% and cash: 80.1% of total assets), and 31.4% 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 (NACE 70, micro): better than 64% on solvency, 79% on liquidity, 84% on profitability and 95% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Five signals.
lowers riskraises risk
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 3.03, cash €71,898
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €61,564 (68.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 days late
2024
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 20 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointment: DEBEKKER Mathias Raymond Dominique…

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00445348.

Turnover
≈ €120,000
Estimated: probably between €88,000 and €150,000
Total assets
€89,737▲ 175%
2024 · €32,627
Net result
€44,992▲ 131%
2024 · €19,465
Working capital
€57,153▲ 179%
2024 · €20,465
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 190% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€56,407 2025 Net result€44,992 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€19,479-€56,407▲ 190%
Net result€19,465within the sector's middle half-€44,992within the sector's middle half▲ 131%
Equity€20,465below the sector's middle half-€61,564within the sector's middle half▲ 201%
Total assets€32,627below the sector's middle half-€89,737within the sector's middle half▲ 175%
Debt€12,162-€28,173▲ 132%
Working capital€20,465within the sector's middle half-€57,153within the sector's middle half▲ 179%
Solvency62.7%within the sector's middle half-68.6%within the sector's middle half▲ 5.9pp
Current ratio2.68within the sector's middle half-3.03within the sector's middle half▲ 0.35
Return on assets (ROA)59.7%above the sector's middle half-50.1%above the sector's middle half▼ 9.5pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,737
Fixed assets €4,411
Current assets €85,326
Equity and liabilities €89,737
Equity €61,564 ▲ 201%
Debt €28,173 ▲ 132%
Debt's share of the balance-sheet total falls from 37.3% to 31.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€57,120▲
2024 · €20,361
Cash flow
€45,705▲
2024 · €20,347
Debt to equity
0.46▼
2024 · 0.59
ROE
73.1%▼
2024 · 95.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€28,173▲
2024 · €12,162
Income taxes
€11,333
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,627€89,737▲
Fixed assets21/28-€4,411
Tangible fixed assets22/27-€4,411
Furniture and vehicles24-€4,411
Current assets29/58€32,627€85,326▲
Amounts receivable within one year40/41€12,100€13,429▲
Trade receivables40€12,100€13,429▲
Cash at bank and in hand54/58€20,527€71,898▲
Equity and liabilities
Total equity and liabilities10/49€32,627€89,737▲
Equity10/15€20,465€61,564▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€19,465€60,564▲
Amounts payable17/49€12,162€28,173▲
Amounts payable within one year42/48€12,162€28,173▲
Trade debts44€2,752€5,248▲
Suppliers440/4€2,752€5,248▲
Taxes, remuneration and social security45€8,810€20,166▲
Taxes450/3€6,310€17,666▲
Remuneration and social security454/9€2,500€2,500=
Other amounts payable47/48€600€2,760▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€882€712▼
Other operating charges640/8€400€400=
Non-recurring operating charges66A-€0
Gross operating margin9900€20,761€57,519▲
Operating profit (loss)9901€19,479€56,407▲
Financial charges65/66B€14€82▲
Recurring financial charges65€14€82▲
Profit (loss) for the period before taxes9903€19,465€56,325▲
Income taxes67/77-€11,333
Profit (loss) for the period9904€19,465€44,992▲
Profit (loss) for the period to be appropriated9905€19,465€44,992▲
Appropriation of the result
Profit (loss) to be appropriated9906€19,465€60,564▲
Profit (loss) brought forward from the previous period14P-€15,572

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€882€712▼ 19.2%
Other operating charges640/8€400€400=
Non-recurring operating charges66A-€0-
Gross operating margin9900€20,761€57,519▲ 177%
Operating profit (loss)9901€19,479€56,407▲ 190%
Financial charges65/66B€14€82▲ 478%
Recurring financial charges65€14€82▲ 478%
Profit (loss) for the period before taxes9903€19,465€56,325▲ 189%
Income taxes67/77-€11,333-
Profit (loss) for the period9904€19,465€44,992▲ 131%
Profit (loss) for the period to be appropriated9905€19,465€44,992▲ 131%
Line20242025Change
Assets
Total assets20/58€32,627€89,737▲ 175%
Fixed assets21/28-€4,411-
Tangible fixed assets22/27-€4,411-
Furniture and vehicles24-€4,411-
Current assets29/58€32,627€85,326▲ 162%
Amounts receivable within one year40/41€12,100€13,429▲ 11.0%
Trade receivables40€12,100€13,429▲ 11.0%
Cash at bank and in hand54/58€20,527€71,898▲ 250%
Equity and liabilities
Total equity and liabilities10/49€32,627€89,737▲ 175%
Equity10/15€20,465€61,564▲ 201%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€19,465€60,564▲ 211%
Amounts payable17/49€12,162€28,173▲ 132%
Amounts payable within one year42/48€12,162€28,173▲ 132%
Trade debts44€2,752€5,248▲ 90.7%
Suppliers440/4€2,752€5,248▲ 90.7%
Taxes, remuneration and social security45€8,810€20,166▲ 129%
Taxes450/3€6,310€17,666▲ 180%
Remuneration and social security454/9€2,500€2,500=
Other amounts payable47/48€600€2,760▲ 360%
Line20242025Change
Profit (loss) for the period9904€19,465€44,992▲ 131%
+ Depreciation and write-downs630€882€712▼ 19.2%
Operating cash flow (approximation)€20,347€45,705▲ 125%
Change in cash-€51,371-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00445348
31-12-2024 micro format 12-08-2025 2025-00372795

Similar companies · same sector, comparable size

Of the 82,475 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,350. 40,481 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
DEBEKKER Mathias Raymond Dominique Marcel Corneille Colin
Director (not named in the articles) · since 10-09-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DEBEKKER Mathias Raymond Dominique Marcel Corneille Colin
  • Director (not named in the articles), from 10-09-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 17-09-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 17-09-2024 Incorporation · €1,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

1 board mandate
Board mandates of this companythis company sits on their board1

History

MDBK was incorporated on 13 September 2024 as a private limited company by one natural person, with a starting capital of €1,000.12 Since 2024, DEBEKKER Mathias Raymond Dominique Marcel Corneille Colin has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-09-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 28 days late
2025
12-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 12 days late
2024
17-09
Gazette deed Incorporation
Appointment: DEBEKKER Mathias Raymond Dominique Marcel Corneille Colin (director) · Founding capital · Bank account7 facts ▸
  • Incorporation, 10-09-2024
  • Founding capital, €1,000
  • Bank account, “Banque (…), dépôt des versements” (deed in French)
  • Registered office clause, “1060 Saint-Gilles, Rue du Mont-Blanc 52” (deed in French)
  • Director appointment, DEBEKKER Mathias Raymond Dominique Marcel Corneille Colin (director (not named in the articles))
  • Board rule, 1
  • Pre-incorporation commitments, “takeover, all commitments, obligations and activities undertaken in name and for account of company in formation” (deed in French)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded13-09-2024
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013563787
Registered 22-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
137 m²
Building footprint
82 m²
Building volume
1,085 m³
Parcel 21013B0312/00A009, Brussels · tallest building 18.6 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Witte-Bergstraat 52, 1060 Sint-Gillis (bij-Brussel)
Business and other management consultancy
since 2024unit no. 2.364.088.255
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21013B0312/00A009 Brussels 137 m² 1 · 82 m² 18.6 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Le développement d'activités telles que le management, l'assistance, la consultance, le conseil aux entreprises, les activités de soutien…” (deed in French)
7 activities (deed in French)
  1. Le développement d'activités telles que le management, l'assistance, la consultance, le conseil aux entreprises, les activités de soutien aux entreprises, le partenariat d'entreprises dans la mise en place de système de gestion, la publicité, la fourniture et le rassemblement d'informations, l'exécution de travaux informatiques et d'analyse financière ainsi que toutes prestations de services liées directement et indirectement à ces activités
  2. La participation à la création et au développement d'entreprises industrielles, commerciales, financières ou immobilières et l'apport de tout concours sous la forme jugée la plus appropriée, prêts, financement, garanties, participation au capital, établissement de contrats financiers avec d'autres sociétés, etc...
  3. Toute activité, sous forme de mandat ou d'entreprise, de gestion, d'administration, de liquidation, de direction et d'organisation. La société pourra assurer la gestion journalière et la représentation dans les opérations relevant de cette gestion, des affaires
  4. La conception, l'organisation, la promotion et la gestion de manifestations, de conférences, colloques ou séminaires, de réceptions, de spectacles et d'évènements en tout genre, quel qu'en soit le support, à finalité lucrative ou non, l'organisation et la gestion d'événements pour société, ou particuliers, de soirées, de banquets, de salons, expositions, de location de bâtiment et/ou salle, mobiliers, vaisselles, tentes, chapiteaux et matériels divers, la mise à disposition d'hôtesses et steward ainsi que toutes autres livraisons de biens et/ou prestations de services dans le domaine de l'événementiel
  5. L'intermédiaire de commerce de produits divers
  6. L'assistance par voie de conseils
  7. La constitution et la valorisation d'un patrimoine immobilier, notamment l'achat, la vente, l'exploitation, la mise en valeur, la gestion, la location, la sous-location, l'exploitation, l'échange, la location de biens immobiliers, et en général tout ce qui se rattache directement ou indirectement à la promotion immobilière dans son sens le plus large

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MDBK
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
One provision in the deed

deed of 17-09-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
“Nommés avec ou sans limitation de durée, organe d'administration” (deed in French)
“Rémunération des administrateurs, si rémunéré, assemblée générale statuant à la majorité absolue des voix ou actionnaire unique détermine le…” (deed in French)

deed of 17-09-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, nature des actions” (deed in French)
“Indivisibilité des titres, la société ne reconnaît qu'un seul propriétaire pour chaque titre pour l'exercice des droits” (deed in French)
1 more provision on this in the deed
Records ruleWhich registers the company keeps, such as the share register, and how.
“Procès-verbaux, les copies à délivrer aux tiers sont signées par un ou plusieurs membres de l'organe d'administration ayant le pouvoir de…” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
2 provisions in the deed

deed of 17-09-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Monday of June at 18:00
Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
“E-mails, l'ordre du jour” (deed in French)
Meeting accessWho may attend the meeting and what is needed to be admitted.
“Admission à l'assemblée générale” (deed in French)
1 more provision on this in the deed
Meeting chairWho chairs the meeting.
“Composition du bureau, l'assemblée générale est présidée par un administrateur ou, à défaut, par l'actionnaire présent qui détient le plus…” (deed in French)
Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
“L'organe d'administration peut définir dans la convocation, la forme des procurations et exiger qu'elles soient déposées à l'endroit indiqué…” (deed in French)
Remote participationWhether shareholders may take part in the meeting remotely.
“Participation à l'assemblée générale à distance par voie électronique, les membres du bureau de l'assemblée générale ne peuvent pas…” (deed in French)

deed of 17-09-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
“Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 17-09-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

“Assemblées générales extraordinaires, chaque fois que l'intérêt de la société l'exige ou sur requête d'actionnaires représentant un dixième…” (deed in French)
Other provision: “Appels de fonds, L'organe d'administration peut en outre, après un second avis recommandé resté sans résultat pendant un mois, convoquer…” (deed in French)
Other provision: “Droit de préférence, L'ouverture de la souscription avec droit de préférence ainsi que son délai d'exercice sont fixés par l'organe qui…” (deed in French)
19 more provisions in the deed, see the deed of 17-09-2024

deed of 17-09-2024