MDL EUREGIO
ActiveSummary
The computed 12-month bankruptcy probability of MDL EUREGIO is 2.5% (moderate). The 2025 annual accounts show equity of €69,558 and a net result of -€55,034. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 144 sector peers (NACE 32, financial year 2025). The company has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-12-2004 Normal situation
- Activity
- Manufacture of medical and dental instruments and supplies NACE 32500
- Joint committee
- 330.03 Paritair Comité voor de gezondheidsinrichtingen en -diensten · annual accounts 2025
- Establishment unit
- 2.145.290.897 3630 Maasmechelen, since 01-01-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Board and ownership
Board
- Roumans EdithDirector · since 29-09-2021
- Roumans EmileDirector · since 29-09-2021
- Corus Belgium BVDirector · since 29-06-2026 · permanent representative Jeroen van Asten
Shareholders
- Corus Belgium100%annual accounts 2025
- Opera Signadens SAconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.5%
Annual accounts 2025
- Gross margin
- €1.9m
- ▲ 6.4%
- Turnover
- ≈ €3.3m
- estimated
- Loss
- €55,034
- Equity
- €69,558
- ▼ 44.2%
- Total assets
- €699,459
- ▼ 24.5%
- Employees on 31-12-2025
- 46
- =
Score breakdownraises riskLiquidity: current ratio 0.95, cash €826Loss of €55,034 (financial year 2025)1 of the last 3 accounts lateSize: 34.3 FTE, total assets €699,459Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 11% of small companies in other manufacturing (NACE 32)
Financial strength · tick: 2024
Weak
Solvency
35-3
equity 9.9% of total assets
Liquidity
2=
short-term debt 86.7% · cash 0.1%
Profitability
10-61
return on assets -7.9%
Bankruptcy probability within 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.7%
01-2025: 6.8%▲ +2.1 percentage points vs 12-2024highest value
02-2025: 2.7%▼ -4.1 percentage points vs 01-2025
03-2025: 2.7%● unchanged vs 02-2025
04-2025: 2.7%● unchanged vs 03-2025
05-2025: 2.7%● unchanged vs 04-2025
06-2025: 2.5%▼ -0.2 percentage points vs 05-2025
07-2025: 2.7%▲ +0.2 percentage points vs 06-2025
08-2025: 2.1%▼ -0.6 percentage points vs 07-2025
09-2025: 2.1%● unchanged vs 08-2025
10-2025: 2.1%● unchanged vs 09-2025
11-2025: 2.1%● unchanged vs 10-2025
12-2025: 2.1%● unchanged vs 11-2025
01-2026: 2.1%● unchanged vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.0%▼ -0.1 percentage points vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 1.9%▼ -0.1 percentage points vs 04-2026
06-2026: 1.8%▼ -0.1 percentage points vs 05-2026
07-2026: 1.8%● unchanged vs 06-2026lowest value
08-2026: 2.5%▲ +0.7 percentage points vs 07-2026
09-2026: 2.5%● unchanged vs 08-2026
10-2026: 2.5%● unchanged vs 09-2026
11-2026: 2.5%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95 (1.06 in 2024), below 1. Short-term debt is 86.7% and cash 0.1% of total assets. 90.1% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 32, small). It does better than 13% of them on solvency, 4% on liquidity, 13% on profitability and 14% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 144 sector peers (2025).
NBB · sector comparisonPosition among 144 sector peers
Solvency
better than 16%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
20 days early
2023
184 days late
2022
102 days late
2021
29 days late
2020
89 days early
2019
45 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 accounts filed within 73 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 21 filings
Turnover
≈ €3.3m
Estimated: probably between €2.2m and €5.5m
EBIT margin
Not included in this filing
Net result
-€55,034
2024 · €18,248
Working capital
-€31,952
2024 · €49,562
In the rankings
#5 employer in Limburg, Other manufacturing sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€49,045
2025
20182025
Net result
-€55,034
2025
lowest quarter of the sector
20182025
Equity
€69,558
▼ 44.2%
2025
lowest quarter of the sector
20182025
Total assets
€699,459
▼ 24.5%
2025
lowest quarter of the sector
20182025
Debt
€629,900
▼ 21.5%
2025
20182025
Working capital
-€31,952
2025
lowest quarter of the sector
20182025
Solvency
9.9%
▼ 3.5pp
2025
lowest quarter of the sector
20182025
Current ratio
0.95
▼ 0.11
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-7.9%
▼ 9.8pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
34.3
▲ 4.3%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.1m▼ 29.0%-€0.06m-€0.05m▲ 9.1%€0.03m€0.1m▲ 291%€0.04m▼ 68.3%-€0.05m
Net result€0.2m-€0.08m▼ 46.8%-€0.06mbelow the sector's middle half-€0.08mbelow the sector's middle half▼ 44.8%€0.02mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 468%€0.02mwithin the sector's middle half▼ 82.1%-€0.06mbelow the sector's middle half
Equity€0.7m-€0.7m▲ 12.7%€0.1mwithin the sector's middle half▼ 86.9%-€0.01mbelow the sector's middle half€0.004mbelow the sector's middle half€0.1mwithin the sector's middle half▲ 24×€0.1mbelow the sector's middle half▲ 17.2%€0.07mbelow the sector's middle half▼ 44.2%
Total assets€1.6m-€1.6m▼ 0.6%€1.0mwithin the sector's middle half▼ 34.3%€0.8mwithin the sector's middle half▼ 17.8%€0.7mwithin the sector's middle half▼ 14.6%€0.7mwithin the sector's middle half▼ 4.3%€0.9mwithin the sector's middle half▲ 35.1%€0.7mbelow the sector's middle half▼ 24.5%
Debt€0.9m-€0.8m▼ 10.4%€0.9m▲ 14.0%€0.9m▼ 7.6%€0.7m▼ 16.5%€0.6m▼ 18.6%€0.8m▲ 38.4%€0.6m▼ 21.5%
Working capital€0.2m-€0.4m▲ 71.8%-€0.2mbelow the sector's middle half-€0.09mbelow the sector's middle half▲ 54.6%-€0.08mbelow the sector's middle half▲ 16.6%-€0.05mbelow the sector's middle half▲ 41.6%€0.05mwithin the sector's middle half-€0.03mbelow the sector's middle half
Solvency42.3%-47.9%▲ 5.7pp9.6%below the sector's middle half▼ 38.3pp-1.6%below the sector's middle half▼ 11.2pp0.6%below the sector's middle half▲ 2.2pp15.5%below the sector's middle half▲ 14.9pp13.4%below the sector's middle half▼ 2.1pp9.9%below the sector's middle half▼ 3.5pp
Current ratio1.28-1.52▲ 0.250.73below the sector's middle half▼ 0.790.88below the sector's middle half▲ 0.150.88below the sector's middle half=0.92below the sector's middle half▲ 0.031.06below the sector's middle half▲ 0.140.95below the sector's middle half▼ 0.11
Return on assets (ROA)10.1%-5.4%▼ 4.7pp-5.5%below the sector's middle half▼ 10.9pp-9.6%below the sector's middle half▼ 4.2pp2.5%within the sector's middle half▲ 12.1pp14.9%above the sector's middle half▲ 12.4pp2.0%within the sector's middle half▼ 12.9pp-7.9%below the sector's middle half▼ 9.8pp
Staff (FTE)25.5-27.7▲ 8.6%25.9above the sector's middle half▼ 6.5%28.5above the sector's middle half▲ 10.0%32.1above the sector's middle half▲ 12.6%32.4above the sector's middle half▲ 0.9%32.9above the sector's middle half▲ 1.5%34.3within the sector's middle half▲ 4.3%
above
within
below
The sector band is the middle half of the companies in Other manufacturing (NACE 32). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €49,045, after a profit of €42,729 in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €699,459
Fixed assets
€124,887 ▲ 66.4%
Current assets
€574,572 ▼ 32.5%
Equity and liabilities €699,459
Equity
€69,558 ▼ 44.2%
Debt
€629,900 ▼ 21.5%
Debt's share of the balance-sheet total rises from 86.6% to 90.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1,042▼
2024 · €83,123
Cash flow
-€4,947▼
2024 · €58,642
Quick ratio
0.73▼
2024 · 0.91
Debt to equity
9.06▲
2024 · 6.44
ROE
-79.1%▼
2024 · 14.6%
Interest coverage
0.18▼
2024 · 19.44
Debt ≤ 1 year
€606,524▼
2024 · €802,195
Debt > 1 year
€23,377▲
2024 · €0
Income taxes
€381▼
2024 · €23,316
Staff costs
€1.9m▲
2024 · €1.7m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 41 | 43 | 44 | 46 | 46 |
| full-time | 20 | 22 | 21 | 22 | 23 |
| part-time | 21 | 21 | 23 | 24 | 23 |
| in full-time equivalents | 30.7 | 32.5 | 33.4 | 34.8 | 34.3 |
| Average over the year, in full-time equivalents | 28.5 | 32.1 | 32.4 | 32.9 | 34.3 |
| On a permanent contract | 35 | 38 | 39 | 43 | 46 |
| Joined | 7 | 5 | 5 | 7 | 7 |
| Left | 2 | 3 | 4 | 5 | 7 |
| Training hours | 56 | 3,611 | 1,408 | 776 | 3,323 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €31,442 | €20,486 | - | €13,414 | €55,247 |
| Pledge on other assets, amount secured | - | - | - | €83,376 | €68,888 |
| Carrying value of the other pledged assets | - | - | - | €11,785 | €54,345 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €45,816 | €28,639 | €93,971 | €18,485 | €98,153 |
| Financial fixed assets | - | - | - | €1,500 | €0 |
| Depreciation and write-downs of the year | €69,445 | €49,036 | €44,817 | €40,394 | €50,087 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 3 entries · €678 awarded · €774 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 2 | €500 | €596 |
| 2022 | 1 | €178 | €178 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €403 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €1.3m | €1.5m | €1.6m | €1.7m | €1.9m | ▲ 11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.2m | €0.2m | €0.07m | €0.05m | €0.04m | €0.04m | €0.05m | ▲ 24.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €0.002m | - |
| Other operating charges640/8 | - | - | - | €0.05m | €472 | €0.01m | €0.003m | €0.009m | ▲ 196% |
| Gross operating margin9900 | €1.4m | €1.5m | €1.1m | €1.4m | €1.6m | €1.8m | €1.8m | €1.9m | ▲ 6.4% |
| Operating profit (loss)9901 | €0.2m | €0.1m | -€0.06m | -€0.05m | €0.03m | €0.1m | €0.04m | -€0.05m | - |
| Financial income75/76B | - | - | - | €0.002m | €257 | €69 | €0.003m | €98 | ▼ 96.8% |
| Recurring financial income75 | €0.006m | €0.004m | €0.02m | €0.002m | €257 | €69 | €0.003m | €98 | ▼ 96.8% |
| Financial charges65/66B | - | - | - | €0.03m | €0.02m | €0.01m | €0.004m | €0.006m | ▲ 33.5% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.02m | €0.03m | €0.02m | €0.01m | €0.004m | €0.006m | ▲ 33.5% |
| Non-recurring financial charges66B | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.1m | -€0.06m | -€0.08m | €0.02m | €0.1m | €0.04m | -€0.05m | - |
| Income taxes67/77 | €0.02m | €0.05m | €0.001m | €0.001m | €0 | €0.02m | €0.02m | €381 | ▼ 98.4% |
| Profit (loss) for the period9904 | €0.2m | €0.08m | -€0.06m | -€0.08m | €0.02m | €0.1m | €0.02m | -€0.06m | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.08m | -€0.06m | -€0.08m | €0.02m | €0.1m | €0.02m | -€0.06m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.6m | €1.0m | €0.8m | €0.7m | €0.7m | €0.9m | €0.7m | ▼ 24.5% |
| Fixed assets21/28 | €0.6m | €0.5m | €0.5m | €0.1m | €0.1m | €0.2m | €0.08m | €0.1m | ▲ 66.4% |
| Tangible fixed assets22/27 | €0.6m | €0.5m | €0.5m | €0.1m | €0.1m | €0.2m | €0.07m | €0.1m | ▲ 67.8% |
| Land and buildings22 | - | - | - | €0 | - | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €0.05m | €0.06m | €0.1m | €0.05m | €0.05m | ▼ 3.7% |
| Furniture and vehicles24 | - | - | - | €0.008m | €0.06m | €0.05m | €0.02m | €0.07m | ▲ 217% |
| Leasing and similar rights25 | - | - | - | €0.07m | €0 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | - | €0.004m | €0.003m | €0.008m | ▲ 144% |
| Financial fixed assets28 | - | - | - | - | - | - | €0.002m | €0.002m | = |
| Current assets29/58 | €1.0m | €1.1m | €0.6m | €0.7m | €0.6m | €0.5m | €0.9m | €0.6m | ▼ 32.5% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 9.1% |
| Stocks30/36 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▲ 9.1% |
| Amounts receivable within one year40/41 | €0.8m | €0.9m | €0.3m | €0.4m | €0.4m | €0.4m | €0.7m | €0.4m | ▼ 39.6% |
| Trade receivables40 | - | - | - | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | ▲ 10.7% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.009m | €0.05m | €0.3m | €0.01m | ▼ 96.2% |
| Cash at bank and in hand54/58 | €0.03m | €0.03m | €0.05m | €0.05m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 23.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | - | €0.003m | €0.004m | ▲ 33.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.0m | €0.8m | €0.7m | €0.7m | €0.9m | €0.7m | ▼ 24.5% |
| Equity10/15 | €0.7m | €0.7m | €0.1m | -€0.01m | €0.004m | €0.1m | €0.1m | €0.07m | ▼ 44.2% |
| Contributions10/11 | €0.7m | €0.7m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.006m | €0.01m | €0.01m | €0.004m | €0.004m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.004m | €0.004m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.004m | €0.004m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€0.008m | €0.07m | €0.02m | -€0.08m | -€0.06m | €0.04m | €0.06m | €258 | ▼ 99.5% |
| Amounts payable17/49 | €0.9m | €0.8m | €0.9m | €0.9m | €0.7m | €0.6m | €0.8m | €0.6m | ▼ 21.5% |
| Amounts payable after more than one year17 | €0.1m | €0.1m | €0.1m | €0.06m | €0.03m | €0.01m | €0 | €0.02m | - |
| Financial debts170/4 | - | - | - | €0.06m | €0.03m | €0.01m | €0 | €0.02m | - |
| Amounts payable within one year42/48 | €0.8m | €0.7m | €0.8m | €0.8m | €0.7m | €0.6m | €0.8m | €0.6m | ▼ 24.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.02m | €0.02m | €0.01m | €0.03m | ▲ 138% |
| Financial debts43 | - | - | - | €0 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €0.2m | €0.2m | €0.2m | €0.4m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 46.4% |
| Suppliers440/4 | - | - | - | €0.4m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 46.4% |
| Advances received on contracts in progress46 | - | - | - | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 11.9% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.04m | €0.06m | €0.02m | ▼ 61.3% |
| Remuneration and social security454/9 | - | - | - | €0.3m | €0.2m | €0.2m | €0.3m | €0.3m | ▼ 0.7% |
| Other amounts payable47/48 | - | - | - | €0.07m | €0.04m | €0 | - | €0.03m | - |
| Accrued charges and deferred income492/3 | - | - | - | €0 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €158,101 | €84,115 | -€55,661 | -€80,608 | €17,940 | €101,876 | €18,248 | -€55,034 | - |
| + Depreciation and write-downs630 | €146,790 | €155,173 | €155,212 | €69,445 | €49,036 | €44,817 | €40,394 | €50,087 | ▲ 24.0% |
| Operating cash flow (approximation) | €304,891 | €239,288 | €99,552 | -€11,162 | €66,976 | €146,692 | €58,642 | -€4,947 | - |
| Investment in fixed assets (approximation) | - | -€66,865 | -€136,435 | €246,542 | -€28,639 | -€93,971 | €50,030 | -€99,944 | - |
| Change in cash | - | €1,196 | €19,161 | €2,986 | -€51,623 | €99 | €71 | -€258 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,104 companies had the same profile as MDL EUREGIO has now. Two years later, 94.3% were still going and 1.8% had gone bankrupt.
- Small
- 20 years or older
- solvency under 10%
- a small loss
94.3%
was still going
3.5%
stopped otherwise
1.8%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MDL EUREGIO itself is higher: 2.5% within 12 months. It rests on far more data about MDL EUREGIO than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,104 companies, not a prediction for MDL EUREGIO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 30-07-2026 | 2026-00357618 | |
| 31-12-2024 | abbreviated format | 11-07-2025 | 2025-00260997 | |
| 31-12-2023 | abbreviated format | 31-01-2025 | 2025-00022094 | |
| 31-12-2022 | abbreviated format | 10-11-2023 | 2023-00509940 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20337165 | |
| 31-12-2020 | abbreviated format | 03-05-2021 | 2021-12900450 | |
| 31-12-2019 | abbreviated format | 14-09-2020 | 2020-52900455 | |
| 31-12-2018 | abbreviated format | 21-08-2019 | 2019-48600588 | |
| 31-12-2017 | abbreviated format | 08-08-2018 | 2018-43900449 | |
| 31-12-2016 | abbreviated format | 20-07-2017 | 2017-35400143 |
Board & ownership
Directors
Directors
4 directors, last change in 2026
Board 4
Roumans Edith
Current
Roumans Emile
Current
Corus Belgium BV
Current
Director · since 29-06-2026 · 6-year term from 2026 · Legal entity · permanent representative: Jeroen van Asten · listed in the 2025 annual accounts, filed on 30-07-2026
Opera-Signadens S.A.
Current
Director · since 29-06-2026 · 6-year term from 2026 · Legal entity · permanent representative: Juan Roma Vives · listed in the 2025 annual accounts, filed on 30-07-2026
Permanent representatives 2
Jeroen van Asten
Current
Permanent representative · appointed in the act of 10-08-2026 · for Corus Belgium BV
Juan Roma Vives
Current
Permanent representative · appointed in the act of 10-08-2026 · for Opera-Signadens S.A.
Statutory auditor 1
Ernst et Young Reviseurs d'Entreprises
Current
Statutory auditor · since 12-03-2025 · permanent representative: Emilie Van Callemont · listed in the 2025 annual accounts, filed on 30-07-2026
Owners and capital
Shareholders
2 ownersChain of control
- Opera Signadens SALU
- Corus Europe B.V.NL
- Corus Belgium
- MDL EUREGIO
Owners 2
- Corus BelgiumparentEquity €13.4m Loss of €537,424 in 2025 (loss of €393,944 in 2024)100%
- Opera Signadens SALUconsolidating parentconsolidates
Mandate history
6 people, 5 in office
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Roumans Edith |
|
| Roumans Emile |
|
| Corus Belgium BV |
|
| Opera-Signadens S.A. |
|
| Ernst et Young Reviseurs d'Entreprises |
|
| KPMG Réviseurs d'Entreprises |
|
Network & group
Connections & network
4 current directorsThe network starts from the directors of MDL EUREGIO. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
10-08
Gazette deed
2 directors appointed, 1 director resigningResignation: Corus Belgium BV (director) · Appointments: Corus Belgium BV (director) and Opera-Signadens S.A. (director)8 points ▸
Gazette deed
2 directors appointed, 1 director resigning
Resignation: Corus Belgium BV (director) · Appointments: Corus Belgium BV (director) and Opera-Signadens S.A. (director)8 points ▸
- General meeting, 29-06-2026
- Director resignation, Corus Belgium BV (director)
- Director appointment, Corus Belgium BV (director)
- Director appointment, Opera-Signadens S.A. (director)
- Board composition, Edith Roumans (director)
- Board composition, Emile Roumans (director)
- Board composition, Corus Belgium BV (director)
- Board composition, Opera-Signadens S.A. (director)
30-07
full format · 1 day before the deadline
2025
11-07
abbreviated format · 20 days before the deadline
16-04
Gazette deed
1 director appointed, 1 director resigningResignation: KPMG Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Brecht Buysschaert and Emilie Van Callemont · Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)6 points ▸
Gazette deed
1 director appointed, 1 director resigning
Resignation: KPMG Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Brecht Buysschaert and Emilie Van Callemont · Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)6 points ▸
- General meeting, 12-03-2025
- Auditor resignation, KPMG Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Brecht Buysschaert
- Other provision, 12-03-2025
- Auditor appointment, Ernst en Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Emilie Van Callemont
31-01
abbreviated format · 184 days late
2023
31-12
Financial
Equity above €100,000equity €106,344 ▲2,280%
After 2 profitable years in a row, equity reaches €106,344.
10-11
abbreviated format · 102 days late
01-08
Gazette deed
Appointment: KPMG Bedrijfsrevisoren (statutory auditor)Permanent representatives: Brecht Buysschaert and Jeroen van Asten5 points ▸
Gazette deed
Appointment: KPMG Bedrijfsrevisoren (statutory auditor)
Permanent representatives: Brecht Buysschaert and Jeroen van Asten5 points ▸
- General meeting, 16-05-2023
- Auditor appointment, KPMG Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Brecht Buysschaert
- Director in office, Corus Belgium (director)
- Permanent representative, Jeroen van Asten
15-02
Gazette deed
Resignations & appointmentsBoard meeting2 points ▸
Gazette deed
Resignations & appointments
Board meeting2 points ▸
- Board meeting, 15-10-2021
- Other provision, 29-09-2021, “vereniging van alle aandelen in één hand” (deed in Dutch)
2022
31-12
Financial
Back to profitnet €17,940
The net result is €17,940, after 2 loss-making years.
29-08
abbreviated format · 29 days late
2021
31-12
Financial
Weakest financial yearnet -€80,608
The net result drops to -€80,608, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
03-05
abbreviated format · 89 days before the deadline
2020
14-09
abbreviated format · 45 days late
2019
21-08
abbreviated format · 21 days late
2018
08-08
abbreviated format · 8 days late
2017
20-07
abbreviated format · 11 days before the deadline
2004
21-12
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
MDL EUREGIO in Dutch
Enterprise number
0870.449.195
Legal form
Public limited company
Status
Active, normale toestand
Founded
08-12-2004
Entity type
Legal entity
Registered office and establishments
Registered office
Industrielaan(M) 87, 3630 Maasmechelen, Belgium
Establishment unit
MDL EUREGIO, Industrielaan(M) 87, 3630 Maasmechelen since 01-01-2005 · unit number 2.145.290.897
Activities
NACEBEL 2025VAT activities
32500
Manufacture of medical and dental instruments and supplies main activity
Social security (RSZ) activities
32500
Manufacture of medical and dental instruments and supplies main activity
Codes under NACEBEL 2008
VAT activities
32500
Manufacture of medical and dental instruments and supplies main activity
Social security (RSZ) activities
32500
Manufacture of medical and dental instruments and supplies main activity
Codes under NACEBEL 2003
VAT activities
33103
main activity
Social security (RSZ) activities
33103
main activity
Joint committee
330.03 Paritair Comité voor de gezondheidsinrichtingen en -diensten annual accounts 2025
Invoicing and payment
VAT number
BE 0870.449.195
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 2 endedDentaaltechnicus duaal (so)
Onthaal, organisatie en sales duaal (so)
Show 2 ended approvals
Dentaaltechnicus duaal (so)
Tandprothesetechnicus (so)
Sites & property
Location
Buildings and parcels at the address
Ground area
2,832 m²
Building footprint
1,118 m²
Building volume
4,659 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73048B0546/00A000 | Flanders | 2,832 m² | 1 · 1,118 m² | 6.6 m · 1 |