MDL@Work
ActiveSummary
The computed 12-month bankruptcy probability of MDL@Work is 2.4% (moderate). The 2025 annual accounts show equity of €28k and a net result of €5k. Its solvency ranks better than 79% of 27786 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-33
Solvency100▲+17
Growth52
Track record82
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 3.94 against 2.37 in 2024; short-term debt: 25.4% and cash: 5.8% of total assets), and 25.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
74.6%
Return on assets
11.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
31 d late
2024
110 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k▲ 18.9%
2024 · €24k
2024: €24k
2024 → 2025
Total assets
€38k▼ 7.9%
2024 · €41k
2024: €41k
2024 → 2025
Net result
€5k▼ 85.4%
2024 · €31k
2024: €31k
2024 → 2025
Working capital
€28k▲ 18.9%
2024 · €24k
2024: €24k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€24k-€28k▲ 18.9%
Operating result€36k-€6k▼ 82.8%
Net result€31k-€5k▼ 85.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €38k
Equity
€28k ▲ 18.9%
Debt
€10k ▼ 44.6%
Debt's share of the balance-sheet total falls from 42.2% to 25.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.94▲
2024 · 2.37
Debt to equity
0.34▼
2024 · 0.73
ROE
15.9%▼
2024 · 129.2%
ROA
11.8%▼
2024 · 74.7%
Debt ≤ 1 year
€10k▼
2024 · €17k
Income taxes
€1k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41k€38k▼
Current assets29/58€41k€38k▼
Amounts receivable within one year40/41€16k€36k▲
Trade receivables40€3k€2k▼
Other amounts receivable41€13k€34k▲
Cash at bank and in hand54/58€25k€2k▼
Equity and liabilities
Total equity and liabilities10/49€41k€38k▼
Equity10/15€24k€28k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€21k€25k▲
Amounts payable17/49€17k€10k▼
Amounts payable within one year42/48€17k€10k▼
Trade debts44€232€3k▲
Suppliers440/4€232€3k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9-€168
Other amounts payable47/48€10k-
Income statement
Code20242025
Other operating charges640/8€69€1k▲
Gross operating margin9900€36k€8k▼
Operating profit (loss)9901€36k€6k▼
Financial income75/76B€92€31▼
Recurring financial income75€92€31▼
Financial charges65/66B€20€555▲
Recurring financial charges65€20€555▲
Profit (loss) for the period before taxes9903€36k€6k▼
Income taxes67/77€5k€1k▼
Profit (loss) for the period9904€31k€5k▼
Profit (loss) for the period to be appropriated9905€31k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€25k▼
Profit (loss) brought forward from the previous period14P-€21k
Profit to be distributed694/7€10k-
Directors or managers695€10k-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 110 days late
NBB filing
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kerkwegels 149150 Beveren-Kruibeke-ZwijndrechtGround area
306 m²
Building footprint
119 m²
Volume, LiDAR
573 m³
Parcel 46001A0252/00T000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MDL@Work
since 20242.364.630.762
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46001A0252/00T000 | Flanders | 305 m² | 1 · 119 m² | 9.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
WOUTERS BEZETTINGSWERKEN
BE 0566.919.864
Brasschaat · Eq €28,567
M.G. PLAFONNAGE
BE 0461.851.939
Saint-Nicolas · Eq €28,578
EURO BRAZ
BE 0786.404.833
Sint-Pieters-Leeuw · Eq €28,584
PLEISTERWERKEN VDK
BE 1018.825.840
Haacht · Eq €28,590
GROUP GUIMA
BE 1015.161.913
Sint-Genesius-Rode · Eq €28,325
Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43331Floor and wall tiling
43341Painting of buildings
43350Other building finishing work
43421Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.