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MDN Belgium

Active
Private limited companyfounded 2021active for 5 yearsOtto de Mentockplein 33, 1853 Grimbergen, BelgiumKBO/BCE: BE 0769.761.910
Summary

The computed 12-month bankruptcy probability of MDN Belgium is 2.2% (moderate). The 2025 annual accounts show equity of €447 and a net result of €4,251. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 17% of 5,897 sector peers (NACE 49, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-06-2021 Normal situation
Activity
Freight transport by road NACE 49410and 1 other
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment unit
2.318.404.720 1853 Grimbergen, since 16-06-2021
Financial year end
31 December
Peppol
Reachable since 05-12-2025

Board and ownership

Board
  • Elmadani OtmanDirector · since 16-06-2021

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Annual accounts 2025
Gross margin
€24,042
▲ 46.7%
Turnover
≈ €200,000
estimated
Profit
€4,251
▼ 37.8%
Equity
€447
Total assets
€20,017
▼ 22.9%
Staff
0.4 FTE
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2021lowers riskFigures for financial year 2025 (filed on 14-03-2026)Liquidity: current ratio 0.25, cash €3,348Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 52% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Average
Solvency 27+17
equity 2.2% of total assets
Liquidity 21-5
short-term debt 97.8% · cash 16.7%
Profitability 94+10
return on assets 21.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 12-2024: 5.4% 01-2025: 5.3%▼ -0.1 percentage points vs 12-2024 02-2025: 4.7%▼ -0.6 percentage points vs 01-2025 03-2025: 4.7%● unchanged vs 02-2025 04-2025: 4.8%▲ +0.1 percentage points vs 03-2025 05-2025: 4.9%▲ +0.1 percentage points vs 04-2025 06-2025: 4.9%● unchanged vs 05-2025 07-2025: 5.0%▲ +0.1 percentage points vs 06-2025 08-2025: 5.6%▲ +0.6 percentage points vs 07-2025 09-2025: 5.6%● unchanged vs 08-2025highest value 10-2025: 4.3%▼ -1.3 percentage points vs 09-2025 11-2025: 4.3%● unchanged vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.2%▼ -0.1 percentage points vs 12-2025 02-2026: 4.2%● unchanged vs 01-2026 03-2026: 4.2%● unchanged vs 02-2026 04-2026: 2.5%▼ -1.7 percentage points vs 03-2026 05-2026: 2.4%▼ -0.1 percentage points vs 04-2026 06-2026: 2.3%▼ -0.1 percentage points vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026 08-2026: 2.3%● unchanged vs 07-2026 09-2026: 2.2%▼ -0.1 percentage points vs 08-2026 10-2026: 2.2%● unchanged vs 09-2026lowest value 11-2026: 2.2%● unchanged vs 10-2026lowest value
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 16% of them on solvency, 18% on liquidity, 83% on profitability and 90% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 14-03-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.25, cash €3,348
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 5897 sector peers (2025).
NBB · sector comparison
Position among 5897 sector peers
Solvency
better than 17%
← weakest strongest →
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 12-03-2026, 141 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
141 days early
2024
29 days late
2023
23 days late
2022
51 days late
2021
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 14 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 84% of companies in land transportsector median €34,734 · 5,906 companies €447 View

Recent changes

  1. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as MDN Belgium: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €13,700 and €28,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
MDN Belgium Grimbergen€20,017€24,042
SCANDINAVIAN TRANSPORT Zoutleeuw€28,015€20,938
Concrete Group Zaventem€26,422€33,529
TAL COFFEE Sint-Pieters-Leeuw€13,674€27,070
M-ARAS TRANSPORT Vilvoorde€27,537€16,903
AMRI MULTISERVICES Sint-Pieters-Leeuw€17,189€14,806
Business Monkey Ham-sur-Heure-Nalinnes€20,390€34,398
Full comparison

Key facts about MDN Belgium

What is the company number of MDN Belgium?
The company number of MDN Belgium is 0769.761.910. The VAT number is the same number with BE in front: BE 0769.761.910.
Where is MDN Belgium based?
The registered office is at Otto de Mentockplein 33, 1853 Grimbergen.Company details
What does MDN Belgium do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of MDN Belgium?
The legal form of MDN Belgium is Private limited company (BV).
When was MDN Belgium founded?
MDN Belgium was founded on 16-06-2021.
Is MDN Belgium still active?
Yes, MDN Belgium is an active enterprise in the KBO register.
How many employees does MDN Belgium have?
MDN Belgium had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MDN Belgium fall under?
In its 2025 annual accounts, MDN Belgium states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of MDN Belgium?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €24,042 and 67 comparable companies (NACE 49410). It probably lies between €98,000 and €330,000. It is a rough estimate.
Is MDN Belgium profitable?
In financial year 2025, MDN Belgium made a profit of €4,251.
Where can I find the annual accounts of MDN Belgium?
MDN Belgium filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MDN Belgium due?
MDN Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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