MDG Concept
The computed 12-month bankruptcy probability of MDG Concept is 2.0% (moderate). The 2025 annual accounts show equity of €20k and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 1381 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €20k |
| Net result | €-2k |
| Better than sector | 95% |
| Active | 5 yrs |
Mixed profile: strong on solvency, weaker on profitability.
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 | 96.5% | 23.3% | |
| Net result | €-2k | €8k | |
| Equity | €20k | €26k | |
| Gross operating margin | €-1k | €36k | |
| Total assets | €20k | €133k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-2k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €20k |
| Equity | €20k |
| Debt | €713 |
| of which ≤ 1y | €713 |
| of which > 1y | - |
| Working capital | €20k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 28.65 |
| Quick ratio | 28.65 |
| Working capital ratio | 96.5% |
| Solvency | 96.5% |
| Debt / equity | 0.04 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -7.9% |
| ROE | -8.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €20k |
| Current assets | 29/58 | €20k |
| Amounts receivable within one year | 40/41 | €135 |
| Cash & bank | 54/58 | €20k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €20k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €18k |
| Accumulated profits (losses) | 14 | €-2k |
| Amounts payable | 17/49 | €713 |
| Amounts payable within one year | 42/48 | €713 |
| Trade debts payable within one year | 44 | €713 |
| Income statement | ||
| Gross operating margin | 9900 | €-1k |
| Operating result | 9901 | €-1k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €127 |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | Retail trade(47741) |
| Legal form | Private limited company(610) |
| Incorporation | 01-12-2020 |
| Status | Active |
| Postal code | 2980 |
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. |
|---|---|---|---|---|
| 11017C0536/00R004 | Flanders | 840 m² | 1 · 170 m² | 7.0 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-07-2022 Registered office moved to Halle
- Brakkebos 2-2980 Halle (Zoersel)
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Brakkebos 2-2980 Halle (Zoersel)",
"city": "Halle",
"region": "vlaams_gewest",
"street": "Brakkebos",
"country": "BE",
"postcode": "2980",
"box_number": null,
"street_number": "2",
"locality_suffix": "(Zoersel)"
},
"old_address": null,
"effective_date": null,
"evidence_quote": "Uit de notulen van de bijzondere algemene vergadering van 01/07/2021 is gebleken dat vanaf heden de maatschappelijke zetel verplaatst zal worden naar Brakkebos 2-2980 Halle (Zoersel).",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-07-07",
"filing_date": "2022-06-27",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2021-07-01",
"unanimous": true
},
"subject_company": {
"kbo": "0758.936.611",
"name_full": "MDG Concept",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "De Gendt Mathias",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MDG Concept |