MDC Consult
ActiveSummary
MDC Consult has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €532k and a net result of €81k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 7.09 against 4.6 in 2024; short-term debt: 9.8% and cash: 23.8% of total assets), and 11.3% of the assets are financed with debt.
Credit check 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.7%
Return on assets
13.4%
Age of the figures
15 mo
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 · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
8 d early
2023
9 d early
2022
10 d early
2021
15 d early
2020
15 d early
2019
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€532k▲ 17.9%
2024 · €451k
2019: €374klowest in 7 years
2020: €423k▲ +13.2% vs 2019
2021: €444k▲ +5.1% vs 2020
2022: €374k▼ -15.7% vs 2021
2023: €397k▲ +5.9% vs 2022
2024: €451k▲ +13.8% vs 2023
2025: €532k▲ +17.9% vs 2024highest in 7 years
2019 → 2025
Total assets
€599k▲ 10.4%
2024 · €543k
2019: €474k
2020: €495k▲ +4.6% vs 2019
2021: €501k▲ +1.1% vs 2020
2022: €501k● -0.0% vs 2021
2023: €442k▼ -11.7% vs 2022lowest in 7 years
2024: €543k▲ +22.7% vs 2023
2025: €599k▲ +10.4% vs 2024highest in 7 years
2019 → 2025
Net result
€81k▼ 21.1%
2024 · €102k
2019: €51k
2020: €49k▼ -4.2% vs 2019lowest in 7 years
2021: €65k▲ +32.5% vs 2020
2022: €69k▲ +5.9% vs 2021
2023: €67k▼ -3.7% vs 2022
2024: €102k▲ +53.4% vs 2023highest in 7 years
2025: €81k▼ -21.1% vs 2024
2019 → 2025
Working capital
€357k▲ 30.9%
2024 · €273k
2019: €202k
2020: €249k▲ +23.6% vs 2019
2021: €248k▼ -0.7% vs 2020
2022: €157k▼ -36.5% vs 2021lowest in 7 years
2023: €214k▲ +35.8% vs 2022
2024: €273k▲ +27.9% vs 2023
2025: €357k▲ +30.9% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€444k-€374k▼ 15.7%€397k▲ 5.9%€451k▲ 13.8%€532k▲ 17.9%
2021: €444k
2022: €374k▼ -15.7% vs 2021lowest in 5 years
2023: €397k▲ +5.9% vs 2022
2024: €451k▲ +13.8% vs 2023
2025: €532k▲ +17.9% vs 2024highest in 5 years
Operating result€86k-€93k▲ 8.0%€88k▼ 5.6%€140k▲ 59.7%€104k▼ 25.3%
2021: €86klowest in 5 years
2022: €93k▲ +8.0% vs 2021
2023: €88k▼ -5.6% vs 2022
2024: €140k▲ +59.7% vs 2023highest in 5 years
2025: €104k▼ -25.3% vs 2024
Net result€65k-€69k▲ 5.9%€67k▼ 3.7%€102k▲ 53.4%€81k▼ 21.1%
2021: €65klowest in 5 years
2022: €69k▲ +5.9% vs 2021
2023: €67k▼ -3.7% vs 2022
2024: €102k▲ +53.4% vs 2023highest in 5 years
2025: €81k▼ -21.1% vs 2024
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 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €599k
Fixed assets
€183k ▼ 5.4%
Current assets
€416k ▲ 19.2%
Equity and liabilities €599k
Equity
€532k ▲ 17.9%
Debt
€68k ▼ 26.2%
Debt's share of the balance-sheet total falls from 16.9% to 11.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€115k▼
2024 · €151k
Cash flow
€91k▼
2024 · €114k
Current ratio
7.09▲
2024 · 4.60
Debt to equity
0.13▼
2024 · 0.20
ROE
15.2%▼
2024 · 22.6%
ROA
13.4%▼
2024 · 18.8%
Interest coverage
116.66▼
2024 · 127.45
Debt ≤ 1 year
€59k▼
2024 · €76k
Debt > 1 year
€8k▼
2024 · €15k
Income taxes
€31k▼
2024 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€543k€599k▲
Fixed assets21/28€194k€183k▼
Tangible fixed assets22/27€60k€49k▼
Land and buildings22€58k€49k▼
Furniture and vehicles24€1k€619▼
Financial fixed assets28€134k€134k=
Current assets29/58€349k€416k▲
Amounts receivable after more than one year29€92k€132k▲
Other amounts receivable291€92k€132k▲
Amounts receivable within one year40/41€64k€83k▲
Trade receivables40€64k€83k▲
Current investments50/53€34k€45k▲
Cash at bank and in hand54/58€150k€142k▼
Deferred charges and accrued income490/1€9k€13k▲
Equity and liabilities
Total equity and liabilities10/49€543k€599k▲
Equity10/15€451k€532k▲
Reserves13€448k€529k▲
Distributable reserves133€448k€529k▲
Profit (loss) carried forward14€3k€3k=
Amounts payable17/49€92k€68k▼
Amounts payable after more than one year17€15k€8k▼
Financial debts170/4€15k€8k▼
Amounts payable within one year42/48€76k€59k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€670€5k▲
Suppliers440/4€670€5k▲
Taxes, remuneration and social security45€25k€26k▲
Taxes450/3€24k€24k▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€44k€22k▼
Accrued charges and deferred income492/3€718€741▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€10k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€154k€119k▼
Operating profit (loss)9901€140k€104k▼
Financial income75/76B€5k€8k▲
Recurring financial income75€5k€8k▲
Financial charges65/66B€1k€984▼
Recurring financial charges65€1k€984▼
Profit (loss) for the period before taxes9903€144k€112k▼
Income taxes67/77€42k€31k▼
Profit (loss) for the period9904€102k€81k▼
Profit (loss) for the period to be appropriated9905€102k€81k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€84k▼
Profit (loss) brought forward from the previous period14P€3k€3k=
Transfer from equity791/2€48k-
Transfer to equity691/2€102k€81k▼
To other reserves6921€102k€81k▼
Profit to be distributed694/7€48k-
Return on contributions (dividend)694€48k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €22k | €12k | €12k | €10k | ▼ 9.7% |
| Other operating charges640/8 | - | €2k | €2k | €3k | €4k | ▲ 47.7% |
| Gross operating margin9900 | €110k | €117k | €102k | €154k | €119k | ▼ 22.9% |
| Operating profit (loss)9901 | €86k | €93k | €88k | €140k | €104k | ▼ 25.3% |
| Financial income75/76B | - | €4k | €5k | €5k | €8k | ▲ 63.0% |
| Recurring financial income75 | €5k | €4k | €5k | €5k | €8k | ▲ 63.0% |
| Financial charges65/66B | - | €668 | €1k | €1k | €984 | ▼ 17.1% |
| Recurring financial charges65 | €1k | €668 | €1k | €1k | €984 | ▼ 17.1% |
| Profit (loss) for the period before taxes9903 | €90k | €96k | €92k | €144k | €112k | ▼ 22.2% |
| Income taxes67/77 | €24k | €27k | €25k | €42k | €31k | ▼ 24.9% |
| Profit (loss) for the period9904 | €65k | €69k | €67k | €102k | €81k | ▼ 21.1% |
| Profit (loss) for the period to be appropriated9905 | €65k | €69k | €67k | €102k | €81k | ▼ 21.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €501k | €501k | €442k | €543k | €599k | ▲ 10.4% |
| Fixed assets21/28 | €205k | €217k | €205k | €194k | €183k | ▼ 5.4% |
| Tangible fixed assets22/27 | €103k | €83k | €71k | €60k | €49k | ▼ 17.5% |
| Land and buildings22 | - | €79k | €68k | €58k | €49k | ▼ 16.7% |
| Furniture and vehicles24 | - | €4k | €3k | €1k | €619 | ▼ 54.1% |
| Financial fixed assets28 | €102k | €134k | €134k | €134k | €134k | = |
| Current assets29/58 | €296k | €284k | €237k | €349k | €416k | ▲ 19.2% |
| Amounts receivable after more than one year29 | - | €84k | €92k | €92k | €132k | ▲ 43.5% |
| Other amounts receivable291 | - | €84k | €92k | €92k | €132k | ▲ 43.5% |
| Amounts receivable within one year40/41 | €37k | €54k | €55k | €64k | €83k | ▲ 30.6% |
| Trade receivables40 | - | €54k | €55k | €64k | €83k | ▲ 30.6% |
| Current investments50/53 | €18k | €29k | €32k | €34k | €45k | ▲ 32.9% |
| Cash at bank and in hand54/58 | €133k | €112k | €52k | €150k | €142k | ▼ 5.1% |
| Deferred charges and accrued income490/1 | - | €5k | €6k | €9k | €13k | ▲ 45.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €501k | €501k | €442k | €543k | €599k | ▲ 10.4% |
| Equity10/15 | €444k | €374k | €397k | €451k | €532k | ▲ 17.9% |
| Contributions10/11 | - | €12k | €12k | - | - | - |
| Reserves13 | €429k | €359k | €381k | €448k | €529k | ▲ 18.0% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €357k | €379k | €448k | €529k | ▲ 18.0% |
| Profit (loss) carried forward14 | €3k | €3k | €3k | €3k | €3k | = |
| Amounts payable17/49 | €57k | €126k | €46k | €92k | €68k | ▼ 26.2% |
| Amounts payable after more than one year17 | €8k | - | €21k | €15k | €8k | ▼ 45.4% |
| Financial debts170/4 | - | - | €21k | €15k | €8k | ▼ 45.4% |
| Amounts payable within one year42/48 | €48k | €126k | €23k | €76k | €59k | ▼ 22.7% |
| Current portion of amounts payable after more than one year42 | - | €8k | €6k | €7k | €7k | ▲ 3.0% |
| Trade debts44 | €1k | €1k | €814 | €670 | €5k | ▲ 575% |
| Suppliers440/4 | - | €1k | €814 | €670 | €5k | ▲ 575% |
| Taxes, remuneration and social security45 | - | €17k | €15k | €25k | €26k | ▲ 3.5% |
| Taxes450/3 | - | €16k | €14k | €24k | €24k | ▼ 0.6% |
| Remuneration and social security454/9 | - | €1k | €1k | €1k | €2k | ▲ 93.0% |
| Other amounts payable47/48 | - | €99k | €2k | €44k | €22k | ▼ 50.3% |
| Accrued charges and deferred income492/3 | - | - | €689 | €718 | €741 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65k | €69k | €67k | €102k | €81k | ▼ 21.1% |
| + Depreciation and write-downs630 | €22k | €22k | €12k | €12k | €10k | ▼ 9.7% |
| Operating cash flow (approximation) | €87k | €91k | €79k | €114k | €91k | ▼ 19.9% |
| Investment in fixed assets (approximation) | - | €-34k | €0 | €0 | €0 | - |
| Change in cash | - | €-22k | €-60k | €98k | €-8k | ▼ 108% |
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
Next filing, fiscal year 2026, expected by
2026
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €500kEq €532k ▲17.9%
7 profitable years in a row build equity to €532k.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €102k ▲53.4%
Operating result €140k, net result €102k, both a record.
22-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Liquidity times 5current ratio 10.12
Current ratio from 2.25 to 10.12; short-term debt falls from €126k to €23k.
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €49k ▼4.2%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
16-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
05-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oostende · 1 establishment unit since 2010
Ground area
3.0 ha
Building footprint
1,101 m²
Volume, LiDAR
9,762 m³
Parcel 35382B0032/00M008, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
MDC Consult
since 20102.186.935.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382B0032/00M008 | Flanders | 3.0 ha | 1 · 1,101 m² | 11.2 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
5299003NTDWVUFA3W849
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 5,415 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
Founded02-04-2010
Fiscal year end30-06
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.