MDC&Co
ActiveThe computed 12-month bankruptcy probability of MDC&Co is 2.4% (moderate). The 2025 annual accounts show negative equity (€-87k) and a net result of €-95k. Equity is shrinking by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 27451 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-85
Solvency0▼-32
Growth41▼-17
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.17 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-87k
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
22 d early
2022
7 d late
2021
30 d late
2020
30 d late
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€65k▲ 7.5%
2018 · €60k
2018: €60k
2018 → 2019
EBIT margin
46.1%▲ 36.4pp
2018 · 9.7%
2018: 9.7%
2018 → 2019
Net result
€-95k
2024 · €15k
2018: €4k
2019: €28k
2020: €566
2021: €-7k
2022: €15k
2023: €-5k
2024: €15k
2018 → 2025
Working capital
€-61k▼ 16.0%
2024 · €-52k
2018: €-12k
2019: €-3k
2020: €9k
2021: €976
2022: €-8k
2023: €-20k
2024: €-52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€32k▲ 89.8%€27k▼ 15.5%€8k▼ 70.5%€-87k
Operating result€-1k-€16k€10k▼ 39.5%€23k▲ 145%€-94k
Net result€-7k-€15k€-5k€15k€-95k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €94k after €23k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5k
Fixed assets
€2k▼ 97.7%
Current assets
€3k▼ 70.5%
Key figures and ratios
EBITDA
€-92k▼
2024 · €25k
Cash flow
€-93k▼
2024 · €17k
Current ratio
0.05▼
2024 · 0.17
Quick ratio
0.05▼
2024 · 0.17
Debt / equity
-1.06▼
2024 · 13.12
Interest coverage
-67.59▼
2024 · 9.32
Debt
€92k▼
2024 · €106k
Debt ≤ 1 year
€64k▲
2024 · €63k
Debt > 1 year
€28k▼
2024 · €43k
Income taxes
€176▼
2024 · €6k
A ratio outside any meaningful range has been withheld (balance sheet total €5k, equity €-87k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€114k€5k▼
Fixed assets21/28€103k€2k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€101k-
Current assets29/58€10k€3k▼
Amounts receivable within one year40/41€5k€955▼
Trade receivables40€3k-
Other amounts receivable41€2k€955▼
Cash at bank and in hand54/58€5k-
Deferred charges and accrued income490/1€16€2k▲
Equity and liabilities
Total equity and liabilities10/49€114k€5k▼
Equity10/15€8k€-87k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14-€-95k
Amounts payable17/49€106k€92k▼
Amounts payable after more than one year17€43k€28k▼
Financial debts170/4€43k€28k▼
Amounts payable within one year42/48€63k€64k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€12k€6k▼
Taxes450/3€12k€6k▼
Other amounts payable47/48€34k€38k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8-€62k
Gross operating margin9900€25k€-31k▼
Operating profit (loss)9901€23k€-94k▼
Financial income75/76B€82€800▲
Recurring financial income75€82€800▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€21k€-95k▼
Income taxes67/77€6k€176▼
Profit (loss) for the period9904€15k€-95k▼
Profit (loss) for the period to be appropriated9905€15k€-95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€34k€-95k▼
Profit (loss) brought forward from the previous period14P€19k-
Profit to be distributed694/7€34k-
Return on contributions (dividend)694€34k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-95k ▼750%
Net result drops to €-95k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 1.74
Current ratio from 0.86 to 1.74; short-term debt falls from €22k to €13k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €28k ▲653%
Operating result €30k, net result €28k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Ramillies · 1 establishment unit since 2014
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.
Rue Léon Delhache 151367 RamilliesGround area
3,333 m²
Building footprint
314 m²
Volume, LiDAR
3,012 m³
2 parcels, Wallonia · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MDC Agro
since 20142.231.841.425
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094B0299/00C000 ProtectedSite or landscape |
Wallonia | 2,147 m² | 1 · 162 m² | 15.8 m · 4 fl. |
| 25089A0204/00M000 | Wallonia | 1,185 m² | 1 · 153 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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RENOVAND
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Of 7,292 companies in sector 43350 we hold annual accounts for 2,361. 1,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2014
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
01500Mixed farming
02200Logging
33140Repair and maintenance of electrical equipment
41001General construction of residential buildings
43211General electrical installation work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46220Wholesale trade
50200Water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mddec@hotmail.com
Phone:0495/53.33.67