MDL PROJECT
ActiveSummary
MDL PROJECT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €56k. Its solvency ranks better than 49% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes
Profitability100
Solvency74
Growth-
Track record67
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.8; short-term debt: 50.6% and cash: 82.4% of total assets), but 50.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.1%
Return on assets
48.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
51 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2025, micro schema
Equity
€57k
Total assets
€117k
Net result
€56k
Working capital
€47k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €117k
Fixed assets
€11k
Current assets
€106k
Equity and liabilities €117k
Equity
€57k
Debt
€60k
Debt finances 50.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€92k
Cash flow
€68k
Current ratio
1.80
Debt to equity
1.04
ROE
98.0%
ROA
48.1%
Interest coverage
201.54
Debt ≤ 1 year
€59k
Income taxes
€23k
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k |
| Other operating charges640/8 | €2k |
| Gross operating margin9900 | €94k |
| Operating profit (loss)9901 | €80k |
| Financial charges65/66B | €458 |
| Recurring financial charges65 | €458 |
| Profit (loss) for the period before taxes9903 | €80k |
| Income taxes67/77 | €23k |
| Profit (loss) for the period9904 | €56k |
| Profit (loss) for the period to be appropriated9905 | €56k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €117k | |
| Fixed assets21/28 | €11k | |
| Tangible fixed assets22/27 | €11k | |
| Plant, machinery and equipment23 | €294 | |
| Furniture and vehicles24 | €10k | |
| Current assets29/58 | €106k | |
| Amounts receivable within one year40/41 | €10k | |
| Trade receivables40 | €10k | |
| Cash at bank and in hand54/58 | €96k | |
| Deferred charges and accrued income490/1 | €347 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €117k | |
| Equity10/15 | €57k | |
| Contributions10/11 | €2k | |
| Reserves13 | €51k | |
| Distributable reserves133 | €51k | |
| Profit (loss) carried forward14 | €4k | |
| Amounts payable17/49 | €60k | |
| Amounts payable within one year42/48 | €59k | |
| Current portion of amounts payable after more than one year42 | €427 | |
| Trade debts44 | €636 | |
| Suppliers440/4 | €636 | |
| Advances received on contracts in progress46 | €12k | |
| Taxes, remuneration and social security45 | €35k | |
| Taxes450/3 | €31k | |
| Remuneration and social security454/9 | €4k | |
| Other amounts payable47/48 | €12k | |
| Accrued charges and deferred income492/3 | €325 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €56k |
| + Depreciation and write-downs630 | €12k |
| Operating cash flow (approximation) | €68k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bernissart · 1 establishment unit since 2024
Ground area
3,052 m²
Building footprint
121 m²
Volume, LiDAR
1,197 m³
Parcel 51049A0475/00B000, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MDL PROJECT
since 20242.376.102.595
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51049A0475/00B000 | Wallonia | 3,052 m² | 1 · 121 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Of 24,515 companies in sector 82990 we hold annual accounts for 9,408. 6,997 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-2024
Fiscal year end30-06
Activities, NACEBEL 2025
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.