Equity
-€57,407
Debts exceed assets in financial year 2025.
MDM
Lifetime
7 annual accounts with figures on one time axispeak €67,250 (2025)
€67,250▲ 80.1%
lowest -€58,094 (2019)
€20,250▲ €24,460
peak -€38,641 (2020)
-€57,407▲ €20,250
€134,573▼ 17.3%
peak 1 FTE (2020)
-not published
Board3 names since 2018
3 directors and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €37,332 to €67,250Back to profit: €20,250Equity from -€77,657 to -€57,407Debts from €162,634 to €134,573Cash from €9,708 to €2,462
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The accounts state no turnover.
Debts
€134,573 174% of the balance sheet
Financial debts 11%Suppliers 1%Taxes and wages 6%Other 82%
€21,329 of the debts are secured on the company's own assets. In 2023 that was €36,103.
Staff
1 employees on 31-12-2025
In 2025, 8 people joined and 7 left.
Filings
7 annual accounts 3 late
The 2019 accounts came latest: 69 days after the end of the period.
Position in the sector
-74.4%
Lower solvency than 91% of companies in personal services. Sector median 35.3% · 1,116 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,182 companies had the same profile as MDM has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.9%
stopped another way
4.8%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,182 companies, not a prediction for MDM. 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.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director
Director, since 27-06-2018
Director, since 27-06-2018
- 75 sharesdeed of 29-06-2018
- 25 sharesdeed of 29-06-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0698881436
2 managers resigning, 2 directors reappointed
Resignations: (manager) and (manager) · Reappointments: (director) and (director) · “De vennootschap mag alle verrichtingen stellen van commerciële, industriële, onroerende, roerende of…” (deed in Dutch) · Gazette deed
Appointment: (director)
General meeting of 25-06-2018 · Gazette deed
First establishment
DIRIS, Alfons Pieterslaan 78, Ostend
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MDM Ostend | €77,166 | €67,250 | -74.4% | - |
| HAARTIEST Kortrijk | €75,844 | €81,041 | 39.7% | - |
| VCA Schilde | €76,472 | €73,401 | 78.6% | - |
| NS BEAUTY Ham-sur-Heure-Nalinnes | €78,939 | €52,038 | 34.4% | - |
| LR COIFFURE Seraing | €82,207 | €78,188 | 82.3% | - |
| Haarsalon Simona Huldenberg | €72,282 | €59,931 | 42.7% | - |
| The Hair Artist Balen | €91,387 | €72,916 | 10.5% | - |
These companies have the same main activity as MDM: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €72,300 and €91,400, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 27-06-2018Normal situation
- Activity
- Hairdressing and barber servicesNACE 96210and 1 other
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2022
- Establishment unit
- 2.280.126.6398400 Ostend, since 01-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Insights on MDM
MDM files the abbreviated format. That format states no turnover. The gross margin rose from -€34,469 in 2019 to €67,250 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MDM
- What is the company number of MDM?
- The company number of MDM is 0698.881.436. The VAT number is the same number with BE in front: BE 0698.881.436.
- Where is MDM based?
- The registered office is at Alfons Pieterslaan 78, 8400 Ostend.Company details
- What does MDM do?
- According to the KBO register, the main activity is hairdressing and barber services (NACE 96210).
- What is the legal form of MDM?
- MDM is a private limited company (BV).
- When was MDM founded?
- MDM was founded on 27-06-2018.
- Is MDM still active?
- Yes, MDM is an active enterprise in the KBO register.
- How many employees does MDM have?
- MDM had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MDM fall under?
- In its 2022 annual accounts, MDM states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of MDM?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €67,250 and 34 comparable companies (NACE 962). It probably lies between €130,000 and €190,000.
- Is MDM profitable?
- In financial year 2025, MDM made a profit of €20,250.
- Where can I find the annual accounts of MDM?
- MDM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MDM due?
- MDM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.