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MDN CONSTRUCT

Active
Private limited companyfounded 2023active for 3 yearsPieter Coeckestraat 23, 9300 Aalst, BelgiumKBO/BCE: BE 0801.432.014
Summary

A bankruptcy procedure is already open for MDN CONSTRUCT, so a bankruptcy probability is no longer meaningful. The 2024 annual accounts show equity of €53,485 and a net result of €51,485. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€70,405total assets 2024
Equity
€53,485
Profit
€51,485
Turnover not published (micro format)
Financial health
24 Critical Checked score 2024
Open bankruptcy
Structure
Accounts on time1 of 2 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2024
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
The KBO legal situation caps the score at 24. Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 100
equity 76.0% of total assets
Liquidity 44
short-term debt 24.0% · cash 2.2%
Profitability 100
return on assets 73.1%
Credit verdict
No credit on open account
Liquidity ample (current ratio 3.93, above the usual 1.5; short-term debt: 24% and cash: 2.2% of total assets), and 24% of the assets are financed with debt and provisions.
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Signals

1 signal.
neutral
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 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts on the deadline day; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move

Financials · financial year 2024, micro format

Equity
€53,485
Total assets
€70,405
Net result
€51,485
Working capital
€49,576

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €70,405
Fixed assets €3,909
Current assets €66,496
Equity and liabilities €70,405
Equity €53,485
Debt €16,920
Debt finances 24.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€68,727
Cash flow
€53,773
Current ratio
3.93
Debt to equity
0.32
ROE
96.3%
ROA
73.1%
Interest coverage
45.03
Debt ≤ 1 year
€16,920
Income taxes
€13,427
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€70,405
Fixed assets21/28€3,909
Tangible fixed assets22/27€3,909
Plant, machinery and equipment23€551
Furniture and vehicles24€3,359
Current assets29/58€66,496
Amounts receivable within one year40/41€64,943
Other amounts receivable41€64,943
Cash at bank and in hand54/58€1,552
Equity and liabilities
Total equity and liabilities10/49€70,405
Equity10/15€53,485
Contributions10/11€2,000
Reserves13€51,485
Distributable reserves133€51,485
Amounts payable17/49€16,920
Amounts payable within one year42/48€16,920
Trade debts44€3,492
Suppliers440/4€3,492
Taxes, remuneration and social security45€13,427
Taxes450/3€13,427
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,288
Other operating charges640/8€1,344
Gross operating margin9900€70,071
Operating profit (loss)9901€66,439
Financial charges65/66B€1,526
Recurring financial charges65€1,526
Profit (loss) for the period before taxes9903€64,913
Income taxes67/77€13,427
Profit (loss) for the period9904€51,485
Profit (loss) for the period to be appropriated9905€51,485
Appropriation of the result
Profit (loss) to be appropriated9906€51,485
Transfer to equity691/2€51,485
To other reserves6921€51,485

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,288
Other operating charges640/8€1,344
Gross operating margin9900€70,071
Operating profit (loss)9901€66,439
Financial charges65/66B€1,526
Recurring financial charges65€1,526
Profit (loss) for the period before taxes9903€64,913
Income taxes67/77€13,427
Profit (loss) for the period9904€51,485
Profit (loss) for the period to be appropriated9905€51,485
Line2024
Assets
Total assets20/58€70,405
Fixed assets21/28€3,909
Tangible fixed assets22/27€3,909
Plant, machinery and equipment23€551
Furniture and vehicles24€3,359
Current assets29/58€66,496
Amounts receivable within one year40/41€64,943
Other amounts receivable41€64,943
Cash at bank and in hand54/58€1,552
Equity and liabilities
Total equity and liabilities10/49€70,405
Equity10/15€53,485
Contributions10/11€2,000
Reserves13€51,485
Distributable reserves133€51,485
Amounts payable17/49€16,920
Amounts payable within one year42/48€16,920
Trade debts44€3,492
Suppliers440/4€3,492
Taxes, remuneration and social security45€13,427
Taxes450/3€13,427
Line2024
Profit (loss) for the period9904€51,485
+ Depreciation and write-downs630€2,288
Operating cash flow (approximation)€53,773

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 31-07-2025 2025-00350393

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

MDN CONSTRUCT was incorporated on 4 May 2023 as a private limited company.1 The registered office was moved to Aalst in 2025.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-02-2025
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
financial year 2024 · micro format
05-02
Gazette deed Registered office
Registered-office move2 facts ▸
  • Board meeting, 02-01-2035
  • Registered-office move, Pieter Coeckestraat 23, 9300 Aalst
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded04-05-2023
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801432014
Also 9925:BE0801432014
Registered 12-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Aalst
exact location from the address register On OpenStreetMap
Ground area
127 m²
Building footprint
56 m²
Building volume
448 m³
Parcel 41302C1007/00V003, Flanders · tallest building 12.4 m. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41302C1007/00V003 Flanders 127 m² 1 · 56 m² 12.4 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.