MDMC Group
ActiveThe computed 12-month bankruptcy probability of MDMC Group is 2.4% (moderate). The 2024 annual accounts show equity of €6k and a net result of €481. Equity is shrinking by ~22.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 36% of 1763 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▼-67
Solvency35▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.13 against 1.46 in 2023; short-term debt: 85.2% and cash: 0% of total assets), and 89.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
10.1%
Return on assets
0.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
13 d late
2022
72 d late
2021
19 d late
2020
30 d late
2019
47 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€481▼ 98.8%
2023 · €39k
2018: €-2k
2019: €11k
2020: €-5k
2021: €-4k
2022: €-50k
2023: €39k
2018 → 2024
Working capital
€7k▼ 44.3%
2023 · €13k
2018: €-34k
2019: €-17k
2020: €21k
2021: €15k
2022: €-16k
2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€17k▼ 18.4%€-33k€6k€6k▲ 8.0%
Operating result€-1k-€-3k▼ 211%€-48k▼ 1,422%€28k€3k▼ 90.2%
Net result€-5k-€-4k▲ 22.0%€-50k▼ 1,227%€39k€481▼ 98.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64k
Fixed assets
€2k▼ 29.0%
Current assets
€62k▲ 50.1%
Equity and liabilities €64k
Equity
€6k▲ 8.0%
Debt
€58k▲ 50.2%
The debt ratio rises from 86.5% to 89.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2023 · €29k
Cash flow
€1k▼
2023 · €40k
Solvency
10.1%▼
2023 · 13.5%
Current ratio
1.13▼
2023 · 1.46
Quick ratio
1.13▼
2023 · 1.46
Debt / equity
8.91▲
2023 · 6.41
ROE
7.4%▼
2023 · 656.2%
ROA
0.7%▼
2023 · 88.6%
Interest coverage
1.62▼
2023 · 13.50
Debt
€58k▲
2023 · €39k
Debt ≤ 1 year
€55k▲
2023 · €28k
Debt > 1 year
€3k▼
2023 · €10k
Staff costs
€366▼
2023 · €646
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€45k€64k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Financial fixed assets28€310€310=
Current assets29/58€41k€62k▲
Amounts receivable within one year40/41€40k€62k▲
Trade receivables40€15k€62k▲
Other amounts receivable41€25k-
Cash at bank and in hand54/58€1k€10▼
Deferred charges and accrued income490/1€293-
Equity and liabilities
Total equity and liabilities10/49€45k€64k▲
Equity10/15€6k€6k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-13k€-12k▲
Amounts payable17/49€39k€58k▲
Amounts payable after more than one year17€10k€3k▼
Financial debts170/4€10k€3k▼
Amounts payable within one year42/48€28k€55k▲
Current portion of amounts payable after more than one year42€10k€8k▼
Financial debts43€5k€5k▼
Credit institutions430/8€5k€5k▼
Trade debts44€11k€42k▲
Suppliers440/4€11k€42k▲
Taxes, remuneration and social security45€369€587▲
Taxes450/3€369€587▲
Other amounts payable47/48€2k€93▼
Income statement
Code20232024
Non-recurring operating income76A-€316
Remuneration, social security and pensions62€646€366▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€891€924▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€31k€6k▼
Operating profit (loss)9901€28k€3k▼
Financial income75/76B€13k-
Recurring financial income75€13k-
Non-recurring financial income76B€13k-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€39k€481▼
Income taxes67/77€-128-
Profit (loss) for the period9904€39k€481▼
Profit (loss) for the period to be appropriated9905€39k€481▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-12k▲
Profit (loss) brought forward from the previous period14P€-52k€-13k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
18-08
State Gazette act
Registered officeGeneral meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
General meeting · Registered-office move2 facts ▸
- General meeting, 2026-07-08
- Registered-office move, Rue Joseph Saintraint, 1 - 5000 NAMUR
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
31-12
Financial
Back to profitnet €39k
Net result €39k after 3 loss-making years.
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 72 days late
2022
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 19 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 1.83
Current ratio from 0.51 to 1.83; short-term debt falls from €34k to €25k.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 47 days late
15-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 289 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2017
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.
Rue Joseph Saintraint 15000 NamurGround area
1,648 m²
Building footprint
710 m²
Volume, LiDAR
7,204 m³
2 parcels, Wallonia · tallest building 18.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MDMC Group
since 20172.259.596.291
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25003M0113/00H000 | Wallonia | 869 m² | 1 · 233 m² | 5.2 m · 1 fl. |
| 92094C1119/00C000 ProtectedMonument |
Wallonia | 778 m² | 1 · 476 m² | 18.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 3,077 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-12-2016
Fiscal year end31-12
Abbreviation FR
MDMC
Activities, NACEBEL
56301Cafés and bars
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:benoit.demarcin@yahoo.fr
Phone:0495/23.29.09