MDC CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of MDC CONCEPT is 3.0% (moderate). For MDC CONCEPT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €65,694 and a net result of €24,260. Its solvency ranks better than 76% of 8997 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability99▼-1
Solvency90▲+15
Growth52
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
65.2%
Return on assets
24.1%
Age of the figures
36 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 07-05-2026, 737 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
737 d late
2022
135 d 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 436 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€65,694▲ 58.5%
2022 · €41,435
Total assets
€100,743▲ 22.8%
2022 · €82,058
Net result
€24,260▼ 45.6%
2022 · €44,635
Working capital
€52,525▲ 90.7%
2022 · €27,542
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result€60,555-€24,557▼ 59.4%
Net result€44,635above the sector's middle half-€24,260within the sector's middle half▼ 45.6%
Equity€41,435within the sector's middle half-€65,694within the sector's middle half▲ 58.5%
Total assets€82,058within the sector's middle half-€100,743within the sector's middle half▲ 22.8%
Debt€40,623-€35,048▼ 13.7%
Working capital€27,542within the sector's middle half-€52,525within the sector's middle half▲ 90.7%
Solvency50.5%within the sector's middle half-65.2%above the sector's middle half▲ 14.7pp
Current ratio1.81within the sector's middle half-2.50within the sector's middle half▲ 0.69
Return on assets (ROA)54.4%above the sector's middle half-24.1%above the sector's middle half▼ 30.3pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 59% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €100,743
Fixed assets
€13,169 ▼ 35.5%
Current assets
€87,573 ▲ 42.1%
Equity and liabilities €100,743
Equity
€65,694 ▲ 58.5%
Debt
€35,048 ▼ 13.7%
Debt's share of the balance-sheet total falls from 49.5% to 34.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32,962▼
2022 · €70,247
Cash flow
€32,665▼
2022 · €54,328
Quick ratio
1.91▲
2022 · 1.81
Debt to equity
0.53▼
2022 · 0.98
ROE
36.9%▼
2022 · 107.7%
Interest coverage
110.86▲
2022 · 45.68
Debt ≤ 1 year
€35,048▲
2022 · €34,096
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,693 | €8,405 | ▼ 13.3% |
| Other operating charges640/8 | €2,411 | €486 | ▼ 79.8% |
| Gross operating margin9900 | €72,658 | €33,448 | ▼ 54.0% |
| Operating profit (loss)9901 | €60,555 | €24,557 | ▼ 59.4% |
| Financial income75/76B | €361 | - | - |
| Recurring financial income75 | €361 | - | - |
| Financial charges65/66B | €1,538 | €297 | ▼ 80.7% |
| Recurring financial charges65 | €1,538 | €297 | ▼ 80.7% |
| Profit (loss) for the period before taxes9903 | €59,378 | €24,260 | ▼ 59.1% |
| Income taxes67/77 | €14,743 | - | - |
| Profit (loss) for the period9904 | €44,635 | €24,260 | ▼ 45.6% |
| Profit (loss) for the period to be appropriated9905 | €44,635 | €24,260 | ▼ 45.6% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €82,058 | €100,743 | ▲ 22.8% |
| Fixed assets21/28 | €20,419 | €13,169 | ▼ 35.5% |
| Tangible fixed assets22/27 | €20,419 | €13,169 | ▼ 35.5% |
| Furniture and vehicles24 | €20,419 | €13,169 | ▼ 35.5% |
| Current assets29/58 | €61,638 | €87,573 | ▲ 42.1% |
| Stocks and contracts in progress3 | - | €20,615 | - |
| Stocks30/36 | - | €20,615 | - |
| Amounts receivable within one year40/41 | €59,614 | €59,284 | ▼ 0.6% |
| Trade receivables40 | €46,078 | €52,015 | ▲ 12.9% |
| Other amounts receivable41 | €13,536 | €7,269 | ▼ 46.3% |
| Cash at bank and in hand54/58 | €285 | €4,924 | ▲ 1,625% |
| Deferred charges and accrued income490/1 | €1,739 | €2,751 | ▲ 58.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €82,058 | €100,743 | ▲ 22.8% |
| Equity10/15 | €41,435 | €65,694 | ▲ 58.5% |
| Contributions10/11 | €1,800 | €1,800 | = |
| Reserves13 | €25,180 | €25,180 | = |
| Non-distributable reserves130/1 | €180 | €25,180 | ▲ 13,889% |
| Reserves not available under the articles1311 | €180 | €180 | = |
| Other1319 | - | €25,000 | - |
| Distributable reserves133 | €25,000 | - | - |
| Profit (loss) carried forward14 | €14,455 | €38,714 | ▲ 168% |
| Amounts payable17/49 | €40,623 | €35,048 | ▼ 13.7% |
| Amounts payable after more than one year17 | €6,526 | - | - |
| Financial debts170/4 | €6,526 | - | - |
| Amounts payable within one year42/48 | €34,096 | €35,048 | ▲ 2.8% |
| Current portion of amounts payable after more than one year42 | €7,677 | €13,757 | ▲ 79.2% |
| Trade debts44 | €6,265 | - | - |
| Suppliers440/4 | €6,265 | - | - |
| Taxes, remuneration and social security45 | €16,654 | €15,228 | ▼ 8.6% |
| Taxes450/3 | €16,654 | €15,228 | ▼ 8.6% |
| Other amounts payable47/48 | €3,500 | €6,063 | ▲ 73.2% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €44,635 | €24,260 | ▼ 45.6% |
| + Depreciation and write-downs630 | €9,693 | €8,405 | ▼ 13.3% |
| Operating cash flow (approximation) | €54,328 | €32,665 | ▼ 39.9% |
| Investment in fixed assets (approximation) | - | -€1,155 | - |
| Change in cash | - | €4,638 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 737 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 135 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Pieters-Leeuw
Ground area
5,043 m²
Building footprint
912 m²
Volume, LiDAR
4,755 m³
Parcel 23583F0543/00D002, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23583F0543/00D002 | Flanders | 5,043 m² | 1 · 911 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 13,211 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-12-2020
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
47279Other retail sale of food
47540Retail sale of electrical household appliances
E-invoicing
Reachable via Peppol
Peppol ID
0208:0758951259
Also
9925:BE0758951259
Registered
14-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.