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 1432 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.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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% | 23.5% | |
| Net result | €-2k | €7k | |
| Equity | €20k | €25k | |
| Gross operating margin | €-1k | €34k | |
| Total assets | €20k | €132k |
Show 5 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| 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) | - |
Full annual accounts (19 line items)
| 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 |
Former directors (1)
-
Peter De GendtNiet statutaire bestuurderState Gazette act 26106990 (21-08-2026)Former- → 21-08-2026
| NACE primary | Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen(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.
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
21-08-2026 Act object · General meeting · Officer resignation
- Act object: Ontslagen · MDG CONCEPT
- Publication: 2026-08-21 · MDG CONCEPT
- Filing: 2026-08-13 · MDG CONCEPT
- General meeting: 2026-05-31 · MDG CONCEPT
- Officer resignation: role: niet-statutaire bestuurder · Peter De Gendt
Technical details
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"quote": "Onderwerp akte : Ontslagen",
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{
"date": "2026-08-21",
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"quote": "Bijlagen bij het Belgisch Staatsblad - 21/08/2026 - Annexes du Moniteur belge",
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{
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{
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{
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}07-07-2022 Registered office moved to Halle
- Brakkebos 2-2980 Halle (Zoersel)
Technical details
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"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}| Legal nameNL | MDG Concept |