MDGB
ActiveSummary
The computed 12-month bankruptcy probability of MDGB is 2.3% (moderate). The 2025 annual accounts show equity of €483,329 and a net result of -€70,474. Equity is growing by ~26.9% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €932 | €932 | €932 | €393 | - | - |
| Other operating charges640/8 | - | €753 | €593 | €921 | €968 | ▲ 5.1% |
| Gross operating margin9900 | €3,602 | €16,890 | -€126,283 | -€6,284 | -€71,689 | ▼ 1,041% |
| Operating profit (loss)9901 | €1,802 | €15,204 | -€127,808 | -€7,598 | -€72,657 | ▼ 856% |
| Financial income75/76B | - | €956,352 | - | - | €2,351 | - |
| Recurring financial income75 | - | €956,352 | - | - | €2,351 | - |
| Financial charges65/66B | - | €788 | €1,443 | €347 | €168 | ▼ 51.6% |
| Recurring financial charges65 | €100 | €788 | €1,443 | €347 | €168 | ▼ 51.6% |
| Profit (loss) for the period before taxes9903 | €1,702 | €970,768 | -€129,252 | -€7,944 | -€70,474 | ▼ 787% |
| Income taxes67/77 | - | €66,457 | - | - | - | - |
| Profit (loss) for the period9904 | €1,702 | €904,311 | -€129,252 | -€7,944 | -€70,474 | ▼ 787% |
| Profit (loss) for the period to be appropriated9905 | €1,702 | €904,311 | -€129,252 | -€7,944 | -€70,474 | ▼ 787% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €634,269 | €1.7m | €1.3m | €1.1m | €2.1m | ▲ 79.0% |
| Fixed assets21/28 | €529,850 | €1,325 | €1.1m | €1.1m | €2.1m | ▲ 86.8% |
| Tangible fixed assets22/27 | €2,257 | €1,325 | €393 | - | - | - |
| Furniture and vehicles24 | - | €1,325 | €393 | - | - | - |
| Financial fixed assets28 | €527,593 | - | €1.1m | €1.1m | €2.1m | ▲ 86.8% |
| Current assets29/58 | €104,418 | €1.7m | €241,972 | €50,221 | €3,892 | ▼ 92.2% |
| Amounts receivable within one year40/41 | €80,167 | €2,217 | €2,156 | - | €705 | - |
| Other amounts receivable41 | - | €2,217 | €2,156 | - | €705 | - |
| Cash at bank and in hand54/58 | €24,251 | €1.7m | €239,816 | €50,221 | €3,187 | ▼ 93.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €634,269 | €1.7m | €1.3m | €1.1m | €2.1m | ▲ 79.0% |
| Equity10/15 | -€213,312 | €690,999 | €561,747 | €553,803 | €483,329 | ▼ 12.7% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | - | €660,000 | €660,000 | €660,000 | €660,000 | = |
| Distributable reserves133 | - | €660,000 | €660,000 | €660,000 | €660,000 | = |
| Profit (loss) carried forward14 | -€233,312 | €10,999 | -€118,253 | -€126,197 | -€196,671 | ▼ 55.8% |
| Amounts payable17/49 | €847,581 | €995,325 | €780,344 | €596,144 | €1.6m | ▲ 164% |
| Amounts payable within one year42/48 | €847,581 | €995,325 | €780,344 | €596,144 | €1.6m | ▲ 164% |
| Trade debts44 | €1,254 | €353 | - | €800 | - | - |
| Suppliers440/4 | - | €353 | - | €800 | - | - |
| Taxes, remuneration and social security45 | - | €66,000 | - | - | - | - |
| Taxes450/3 | - | €66,000 | - | - | - | - |
| Other amounts payable47/48 | - | €928,971 | €780,344 | €595,344 | €1.6m | ▲ 165% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,702 | €904,311 | -€129,252 | -€7,944 | -€70,474 | ▼ 787% |
| + Depreciation and write-downs630 | €932 | €932 | €932 | €393 | - | - |
| Operating cash flow (approximation) | €2,634 | €905,243 | -€128,320 | -€7,551 | -€70,474 | ▼ 833% |
| Investment in fixed assets (approximation) | - | €527,593 | -€1.1m | €0 | -€954,959 | - |
| Change in cash | - | €1.7m | -€1.4m | -€189,595 | -€47,034 | ▲ 75.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/02V026 | Brussels | 1.7 ha | 1 · 526 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 2
-
52.7%
-
19%
According to the annual accounts to 30-06-2025 of MDGB and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 29 September 2026 · Peppol Directory
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