MDM Bouwt
ActiveSummary
MDM Bouwt has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126k and a net result of €-2k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 95% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
short-term debt: 0.3% and cash: 99.6% of total assets, and 0.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 05-07-2026, 26 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
26 d early
2024
34 d early
2023
15 d early
2022
47 d early
2021
61 d early
2020
50 d early
2019
46 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€126k▼ 1.6%
2024 · €128k
2019: €-11k
2020: €-24k▼ -115% vs 2019lowest in 7 years
2021: €109k▲ +549% vs 2020
2022: €102k▼ -6.6% vs 2021
2023: €130k▲ +27.7% vs 2022highest in 7 years
2024: €128k▼ -1.6% vs 2023
2025: €126k▼ -1.6% vs 2024
2019 → 2025
Total assets
€127k▼ 1.8%
2024 · €129k
2019: €177k
2020: €552k▲ +212% vs 2019highest in 7 years
2021: €292k▼ -47.1% vs 2020
2022: €284k▼ -2.9% vs 2021
2023: €134k▼ -52.9% vs 2022
2024: €129k▼ -3.6% vs 2023
2025: €127k▼ -1.8% vs 2024lowest in 7 years
2019 → 2025
Net result
€-2k▲ 0.5%
2024 · €-2k
2019: €-13klowest in 7 years
2020: €-13k▲ +2.3% vs 2019
2021: €134k▲ +1127% vs 2020highest in 7 years
2022: €-7k▼ -105% vs 2021
2023: €28k▲ +495% vs 2022
2024: €-2k▼ -107% vs 2023
2025: €-2k▲ +0.5% vs 2024
2019 → 2025
Working capital
€126k▼ 1.6%
2024 · €128k
2019: €-11k
2020: €-24k▼ -115% vs 2019lowest in 7 years
2021: €109k▲ +549% vs 2020
2022: €102k▼ -6.6% vs 2021
2023: €130k▲ +27.7% vs 2022highest in 7 years
2024: €128k▼ -1.6% vs 2023
2025: €126k▼ -1.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€102k▼ 6.6%€130k▲ 27.7%€128k▼ 1.6%€126k▼ 1.6%
2021: €109k
2022: €102k▼ -6.6% vs 2021lowest in 5 years
2023: €130k▲ +27.7% vs 2022highest in 5 years
2024: €128k▼ -1.6% vs 2023
2025: €126k▼ -1.6% vs 2024
Operating result€170k-€-7k€39k€-3k€-3k▲ 1.5%
2021: €170khighest in 5 years
2022: €-7k▼ -104% vs 2021lowest in 5 years
2023: €39k▲ +638% vs 2022
2024: €-3k▼ -107% vs 2023
2025: €-3k▲ +1.5% vs 2024
Net result€134k-€-7k€28k€-2k€-2k▲ 0.5%
2021: €134khighest in 5 years
2022: €-7k▼ -105% vs 2021lowest in 5 years
2023: €28k▲ +495% vs 2022
2024: €-2k▼ -107% vs 2023
2025: €-2k▲ +0.5% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €127k
Equity
€126k ▼ 1.6%
Debt
€327 ▼ 47.1%
Debt's share of the balance-sheet total falls from 0.5% to 0.3%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.00▼
2024 · 0.00
ROE
-1.7%▼
2024 · -1.6%
ROA
-1.6%▼
2024 · -1.6%
Debt ≤ 1 year
€327▼
2024 · €618
A ratio outside any meaningful range has been withheld (balance sheet total €127k, equity €126k).
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 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€127k▼
Current assets29/58€129k€127k▼
Amounts receivable within one year40/41€1k€461▼
Other amounts receivable41€1k€461▼
Cash at bank and in hand54/58€128k€126k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€129k€127k▼
Equity10/15€128k€126k▼
Contributions10/11€2k€2k=
Reserves13€126k€124k▼
Distributable reserves133€126k€124k▼
Amounts payable17/49€618€327▼
Amounts payable within one year42/48€618€327▼
Trade debts44€618€327▼
Suppliers440/4€618€327▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement
Code20242025
Other operating charges640/8€528€544▲
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-3k€-3k▲
Financial income75/76B€783€754▼
Recurring financial income75€783€754▼
Financial charges65/66B€44€45▲
Recurring financial charges65€44€45▲
Profit (loss) for the period before taxes9903€-2k€-2k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-2k▲
Transfer from equity791/2€2k€2k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €3k | €545 | €601 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €173k | €-7k | €40k | €-2k | €-2k | ▲ 2.5% |
| Operating profit (loss)9901 | €170k | €-7k | €39k | €-3k | €-3k | ▲ 1.5% |
| Financial income75/76B | €325 | €126 | €436 | €783 | €754 | ▼ 3.7% |
| Recurring financial income75 | €325 | €126 | €436 | €783 | €754 | ▼ 3.7% |
| Financial charges65/66B | €8k | €47 | €39 | €44 | €45 | ▲ 3.4% |
| Recurring financial charges65 | €8k | €47 | €39 | €44 | €45 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | €163k | €-7k | €39k | €-2k | €-2k | ▲ 0.5% |
| Income taxes67/77 | €29k | €0 | €11k | €0 | - | - |
| Profit (loss) for the period9904 | €134k | €-7k | €28k | €-2k | €-2k | ▲ 0.5% |
| Profit (loss) for the period to be appropriated9905 | €134k | €-7k | €28k | €-2k | €-2k | ▲ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €292k | €284k | €134k | €129k | €127k | ▼ 1.8% |
| Current assets29/58 | €292k | €284k | €134k | €129k | €127k | ▼ 1.8% |
| Stocks and contracts in progress3 | €250k | €253k | €0 | - | - | - |
| Stocks30/36 | €250k | €253k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €38k | €146 | €419 | €1k | €461 | ▼ 56.4% |
| Other amounts receivable41 | €38k | €146 | €419 | €1k | €461 | ▼ 56.4% |
| Cash at bank and in hand54/58 | €4k | €30k | €133k | €128k | €126k | ▼ 1.4% |
| Deferred charges and accrued income490/1 | €214 | €473 | €322 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €292k | €284k | €134k | €129k | €127k | ▼ 1.8% |
| Equity10/15 | €109k | €102k | €130k | €128k | €126k | ▼ 1.6% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves13 | €107k | €100k | €128k | €126k | €124k | ▼ 1.6% |
| Distributable reserves133 | €107k | €100k | €128k | €126k | €124k | ▼ 1.6% |
| Amounts payable17/49 | €183k | €181k | €3k | €618 | €327 | ▼ 47.1% |
| Amounts payable within one year42/48 | €183k | €181k | €3k | €618 | €327 | ▼ 47.1% |
| Trade debts44 | - | €38 | €388 | €618 | €327 | ▼ 47.1% |
| Suppliers440/4 | - | €38 | €388 | €618 | €327 | ▼ 47.1% |
| Taxes, remuneration and social security45 | €48k | €29k | €3k | €0 | - | - |
| Taxes450/3 | €48k | €29k | €3k | €0 | - | - |
| Other amounts payable47/48 | €135k | €152k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €134k | €-7k | €28k | €-2k | €-2k | ▲ 0.5% |
| Operating cash flow (approximation) | €134k | €-7k | €28k | €-2k | €-2k | ▲ 0.5% |
| Change in cash | - | €25k | €103k | €-5k | €-2k | ▲ 65.1% |
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
Next filing, fiscal year 2026, expected by
2026
05-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 5current ratio 208.70
Current ratio from 40.41 to 208.70; short-term debt falls from €3k to €618.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Liquidity times 26current ratio 40.41
Current ratio from 1.56 to 40.41; short-term debt falls from €181k to €3k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €134k
Net result €134k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €109k
Equity rises from €-24k to €109k.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Gent · 1 establishment unit since 2019
Ground area
312 m²
Building footprint
312 m²
Volume, LiDAR
3,275 m³
Parcel 44363B0439/00S003, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MDM Bouwt
since 20192.290.697.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44363B0439/00S003 | Flanders | 312 m² | 1 · 311 m² | 14.1 m · 4 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,635 EUR awarded · 1,635 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,635 EUR | 1,635 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
Stone 62
BE 1001.821.344
Knokke-Heist · Eq €126,271
RVMK
BE 0521.847.924
Gesves · Eq €126,293
PAW CONSTRUCT
BE 0598.743.485
Waregem · Eq €126,298
DB BUSINESS SERVICES
BE 0757.629.287
Hasselt · Eq €126,085
IC Service
BE 0606.998.680
Heusden-Zolder · Eq €126,397
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 5,352 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
Founded12-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.