MDG Houses

Active

Private limited companyfounded 2023active for 3 yearsDurmakker 25, 9940 Evergem, Belgium15 active companies are registered at this addressKBO/BCE: BE 0803.421.702

Summary

The computed 12-month bankruptcy probability of MDG Houses is 10.9% (high). The 2023 annual accounts show equity of €17,445 and a net result of €14,945. Its solvency ranks better than 31% of 33,187 sector peers (NACE 43, financial year 2023). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

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MDG HousesActive

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Activity

Other specialised construction activities

NACE 43990

1 site

Size

€60,029total assets 2023

Equity: €17,445
Profit: €14,945

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 10.9%

2023 figures too old to score

Structure

Accounts filed 29 days late1 of 2 deeds read

Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 29 days lateFigures for financial year 2023 (filed 30-08-2024)Size: total assets €60,029No filing in 24 months (latest 30-08-2024)neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Financial strength, FY 2023

Average

Solvency 54

equity 29.1% of total assets

Liquidity 24

short-term debt 70.9%

Profitability 100

return on assets 24.9%

Bankruptcy probability, 12 months

10.9% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,554 companies, NACE 43, micro)

Last 24 months 11-2024: 3.2%lowest value 12-2024: 3.4%▲ +0.2 percentage points vs 11-2024 01-2025: 3.4%● unchanged vs 12-2024 02-2025: 3.6%▲ +0.2 percentage points vs 01-2025 03-2025: 3.7%▲ +0.1 percentage points vs 02-2025 04-2025: 3.7%● unchanged vs 03-2025 05-2025: 3.7%● unchanged vs 04-2025 06-2025: 3.8%▲ +0.1 percentage points vs 05-2025 07-2025: 3.9%▲ +0.1 percentage points vs 06-2025 08-2025: 4.6%▲ +0.7 percentage points vs 07-2025 09-2025: 4.8%▲ +0.2 percentage points vs 08-2025 10-2025: 6.1%▲ +1.3 percentage points vs 09-2025 11-2025: 6.2%▲ +0.1 percentage points vs 10-2025 12-2025: 7.0%▲ +0.8 percentage points vs 11-2025 01-2026: 8.4%▲ +1.4 percentage points vs 12-2025 02-2026: 8.4%● unchanged vs 01-2026 03-2026: 8.6%▲ +0.2 percentage points vs 02-2026 04-2026: 7.9%▼ -0.7 percentage points vs 03-2026 05-2026: 7.9%● unchanged vs 04-2026 06-2026: 7.8%▼ -0.1 percentage points vs 05-2026 07-2026: 7.8%● unchanged vs 06-2026 08-2026: 9.3%▲ +1.5 percentage points vs 07-2026 09-2026: 10.8%▲ +1.5 percentage points vs 08-2026 10-2026: 10.9%▲ +0.1 percentage points vs 09-2026highest value

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Signals

Five signals.

raises riskneutral

2 financial years not filed after the legal deadline; latest accounts 29 days late

NBB · filings

Figures for financial year 2023 (filed 30-08-2024)

NBB · annual accounts

Size: total assets €60,029

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

No filing in 24 months (latest 30-08-2024)

NBB · filings

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2023

29 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 29 days after the deadline; the sector median (NACE 43) for financial year 2023 is 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage