MDE Concept
The computed 12-month bankruptcy probability of MDE Concept is 2.7% (moderate). The 2024 annual accounts show equity of €22k and a net result of €11k. Equity is growing by ~37.8% per year across the filed fiscal years. Its solvency ranks better than 24% of 11070 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €22k |
| Net result | €11k |
| Staff (FTE) | 0.7 |
| Better than sector | 24% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.9% | 40.9% | |
| Net result | €11k | €11k | |
| Equity | €22k | €34k | |
| Gross operating margin | €62k | €35k | |
| Staff costs | €14k | €25k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €41k |
| Net profit | €11k |
| Cash flow | €35k |
| Staff costs | €14k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €116k |
| Equity | €22k |
| Debt | €94k |
| of which ≤ 1y | €44k |
| of which > 1y | €50k |
| Working capital | €4k |
| Employees (FTE) | 0.7 |
| 2024 | |
|---|---|
| Current ratio | 1.09 |
| Quick ratio | 1.09 |
| Working capital ratio | 3.5% |
| Solvency | 18.9% |
| Debt / equity | 4.29 |
| Long-term debt ratio | 2.26 |
| Interest coverage | 16.34 |
| Gross margin | - |
| Net margin | - |
| ROA | 9.6% |
| ROE | 50.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €116k |
| Fixed assets | 21/28 | €67k |
| Tangible fixed assets | 22/27 | €67k |
| Financial fixed assets | 28 | €220 |
| Current assets | 29/58 | €48k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €32k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €116k |
| Equity | 10/15 | €22k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €19k |
| Amounts payable | 17/49 | €94k |
| Amounts payable after one year | 17 | €50k |
| Amounts payable within one year | 42/48 | €44k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €62k |
| Operating result | 9901 | €17k |
| Financial income | 75 | €123 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €15k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €11k |
| Result to be appropriated | 9905 | €11k |
-
Current01-10-2024 → present
| NACE primary | Specialised construction(43350) |
| Legal form | Private limited company(610) |
| Incorporation | 15-12-2021 |
| Status | Active |
| Postal code | 8420 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51014C0120/00C003 | Wallonia | 2,451 m² | 1 · 183 m² | 12.4 m · 3 fl. |
| 35007A0001/00K014 ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗ |
Flanders | 1,207 m² | 1 · 618 m² | 16.1 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-12-2025 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.685.712",
"name_full": "MDS DAVID MOREL",
"legal_form": "SRL"
}
}28-10-2025 Registered office moved from Chièvres to De Haan
- Rue de la Station 6, 7950 Chièvres → Christianalaan 5, 8420 De Haan
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "De Haan",
"region": "Vlaams Gewest",
"street": "Christianalaan",
"country": "BE",
"postcode": "8420",
"box_number": "3",
"street_number": "5"
},
"old_address": {
"city": "Chi\u00E8vres",
"region": null,
"street": "Rue de la Station",
"country": "BE",
"postcode": "7950",
"box_number": null,
"street_number": "6"
},
"effective_date": "2025-10-03",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9clare que l\u0027adresse du si\u00E8ge social est transf\u00E9r\u00E9e en R\u00E9gion flamande, \u00E0 savoir \u00E0 8420 De Haan, R\u00E9sidence BRIES, Christianalaan, 5 boite 3 (appartement 3A)"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0778.685.712",
"name_full": "MDS DAVID MOREL",
"legal_form": "SRL"
}
}22-10-2024 Eliott MOREL DELBART appointed as director
- Eliott MOREL DELBART, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Eliott MOREL DELBART",
"address": null,
"birth_date": null
},
"effective_date": "2024-10-01",
"evidence_quote": "L\u0027Assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la nomination au poste d\u0027administrateur de Monsieur Eliott MOREL DELBART domicili\u00E9 Rue de la Station 4 \u00E0 7950 CHIEVRES \u00E0 dater de ce jour"
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0778.685.712",
"name_full": "MDS DAVID MOREL",
"legal_form": "SRL"
}
}17-12-2021 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "7950 Chi\u00E8vres, Rue de la Station 6",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1967-12-01",
"name": "David Henri Pierre MOREL",
"niss": null,
"address": "7950 Chi\u00E8vres, rue de la Station num\u00E9ro 6"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "David Henri Pierre MOREL",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0778.685.712",
"name_full": "MDS David MOREL",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2021-12-15",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MDE Concept |