Summary
MDCD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.0m and a net result of €5,332. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 61% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MDCD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- All directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn,bij gebrek onbepaalde duur, statutaire bestuurder en gewone bestuurder” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of December at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed