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MDFPLASTICS

Active
Private limited companyfounded 20251 yr activeHaachtstraat 27, 2600 Antwerpen, BelgiumKBO/BCE: BE 1025.875.661
Summary

The computed 12-month bankruptcy probability of MDFPLASTICS is 4.2% (elevated). The 2025 annual accounts show negative equity (-€14,197) and a net result of -€14,297. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3; short-term debt: 197.9% and cash: 15.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-106.5%
Return on assets
-107.2%
Age of the figures
9 mo
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
8 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MDFPLASTICS was incorporated on 25 July 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€14,197
Total assets
€13,336
Net result
-€14,297
Working capital
-€18,583

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €13,336
Fixed assets €5,530
Current assets €7,806
Key figures and ratios
2025 value
EBITDA
-€14,076
Cash flow
-€14,076
Solvency
-106.5%
Current ratio
0.30
Debt to equity
-1.94
ROA
-107.2%
Interest coverage
-140758.10
Debt
€27,532
Debt ≤ 1 year
€26,389

Peer companies

Historical observation

Of the 1,323 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • under 2 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
3.6% went bankrupt
5.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,323 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€13,336
Fixed assets21/28€5,530
Tangible fixed assets22/27€5,530
Plant, machinery and equipment23€1,203
Furniture and vehicles24€4,327
Current assets29/58€7,806
Cash at bank and in hand54/58€2,013
Deferred charges and accrued income490/1€5,793
Equity and liabilities
Total equity and liabilities10/49€13,336
Equity10/15-€14,197
Contributions10/11€100
Profit (loss) carried forward14-€14,297
Amounts payable17/49€27,532
Amounts payable within one year42/48€26,389
Trade debts44€3,235
Suppliers440/4€3,235
Other amounts payable47/48€23,154
Accrued charges and deferred income492/3€1,143
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€221
Gross operating margin9900-€14,076
Operating profit (loss)9901-€14,297
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903-€14,297
Profit (loss) for the period9904-€14,297
Profit (loss) for the period to be appropriated9905-€14,297
Appropriation of the result
Profit (loss) to be appropriated9906-€14,297

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€221
Gross operating margin9900-€14,076
Operating profit (loss)9901-€14,297
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903-€14,297
Profit (loss) for the period9904-€14,297
Profit (loss) for the period to be appropriated9905-€14,297
Line2025
Assets
Total assets20/58€13,336
Fixed assets21/28€5,530
Tangible fixed assets22/27€5,530
Plant, machinery and equipment23€1,203
Furniture and vehicles24€4,327
Current assets29/58€7,806
Cash at bank and in hand54/58€2,013
Deferred charges and accrued income490/1€5,793
Equity and liabilities
Total equity and liabilities10/49€13,336
Equity10/15-€14,197
Contributions10/11€100
Profit (loss) carried forward14-€14,297
Amounts payable17/49€27,532
Amounts payable within one year42/48€26,389
Trade debts44€3,235
Suppliers440/4€3,235
Other amounts payable47/48€23,154
Accrued charges and deferred income492/3€1,143
Line2025
Profit (loss) for the period9904-€14,297
+ Depreciation and write-downs630€221
Operating cash flow (approximation)-€14,076

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
300 m²
Building footprint
116 m²
Volume, LiDAR
592 m³
Parcel 11302A0313/00X009, Flanders · tallest building 9.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MDFPLASTICS
Haachtstraat 27, 2600 AntwerpenSpecialist medical practice
since 20252.376.794.364
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11302A0313/00X009 Flanders 300 m² 1 · 116 m² 9.5 m · 1 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded25-07-2025
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.