MDC
ActiveMDC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €262k and a net result of €18k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 37964 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74=
Solvency87▲+8
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.13 in 2023; short-term debt: 24.2% and cash: 0.1% of total assets), and 37.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
8 d early
2022
46 d late
2021
59 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€262k▲ 7.2%
2023 · €244k
2018: €42k
2019: €72k
2020: €121k
2021: €174k
2022: €225k
2023: €244k
2018 → 2024
Total assets
€422k▼ 7.5%
2023 · €456k
2018: €412k
2019: €412k
2020: €427k
2021: €440k
2022: €480k
2023: €456k
2018 → 2024
Net result
€18k▼ 9.5%
2023 · €20k
2018: €22k
2019: €29k
2020: €51k
2021: €54k
2022: €50k
2023: €20k
2018 → 2024
Working capital
€23k▲ 66.0%
2023 · €14k
2018: €-77k
2019: €-71k
2020: €-30k
2021: €7k
2022: €45k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€121k-€174k▲ 44.7%€225k▲ 28.9%€244k▲ 8.7%€262k▲ 7.2%
Operating result€74k-€79k▲ 6.6%€75k▼ 6.0%€35k▼ 53.6%€31k▼ 9.2%
Net result€51k-€54k▲ 6.7%€50k▼ 6.4%€20k▼ 61.3%€18k▼ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 9% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €422k
Fixed assets
€296k▼ 12.1%
Current assets
€126k▲ 5.7%
Equity and liabilities €422k
Equity
€262k▲ 7.2%
Debt
€160k▼ 24.5%
The debt ratio falls from 46.4% to 37.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2023 · €70k
Cash flow
€59k▲
2023 · €55k
Solvency
62.1%▲
2023 · 53.6%
Current ratio
1.23▲
2023 · 1.13
Quick ratio
1.23▲
2023 · 1.13
Debt / equity
0.61▼
2023 · 0.87
ROE
6.7%▼
2023 · 8.0%
ROA
4.2%▼
2023 · 4.3%
Interest coverage
10.71▲
2023 · 10.25
Debt
€160k▼
2023 · €212k
Debt ≤ 1 year
€102k▼
2023 · €105k
Debt > 1 year
€53k▼
2023 · €103k
Income taxes
€7k▼
2023 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€456k€422k▼
Fixed assets21/28€337k€296k▼
Tangible fixed assets22/27€337k€296k▼
Land and buildings22€200k€175k▼
Plant, machinery and equipment23€21k€19k▼
Furniture and vehicles24€117k€103k▼
Current assets29/58€119k€126k▲
Amounts receivable within one year40/41€106k€122k▲
Trade receivables40€56k€75k▲
Other amounts receivable41€50k€47k▼
Cash at bank and in hand54/58€10k€218▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€456k€422k▼
Equity10/15€244k€262k▲
Contributions10/11€12k€12k=
Reserves13€225k€243k▲
Distributable reserves133€225k€243k▲
Profit (loss) carried forward14€7k€7k=
Amounts payable17/49€212k€160k▼
Amounts payable after more than one year17€103k€53k▼
Financial debts170/4€103k€53k▼
Amounts payable within one year42/48€105k€102k▼
Current portion of amounts payable after more than one year42€48k€50k▲
Trade debts44€30k€13k▼
Suppliers440/4€30k€13k▼
Taxes, remuneration and social security45€27k€19k▼
Taxes450/3€27k€19k▼
Other amounts payable47/48-€20k
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€41k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€73k€75k▲
Operating profit (loss)9901€35k€31k▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€28k€25k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€20k€18k▼
Profit (loss) for the period to be appropriated9905€20k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€24k=
Profit (loss) brought forward from the previous period14P€5k€7k▲
Transfer from equity791/2€2k-
Transfer to equity691/2€20k€18k▼
To other reserves6921€20k€18k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €18k ▼9.5%
Net result drops to €18k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
31-12
Financial
Equity above €200kEq €225k ▲28.9%
5 profitable years in a row build equity to €225k.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial
Highest result since 2018net €54k ▲6.7%
Operating result €79k, net result €54k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲44.7%
4 profitable years in a row build equity to €174k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €100kEq €121k ▲68.3%
3 profitable years in a row build equity to €121k.
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
23-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vitseroelstraat 211740 TernatGround area
2,637 m²
Building footprint
250 m²
Volume, LiDAR
1,163 m³
Parcel 23086B0375/00M000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MDC
since 20112.199.927.336
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086B0375/00M000 | Flanders | 2,637 m² | 1 · 250 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 38,759 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.