MDOMOTICS
ActiveThe annual accounts of MDOMOTICS for fiscal year 2024 show a net loss of 84% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-21k. Equity is shrinking by ~27.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 10% of 36373 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▲+5
Solvency27▼-12
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.95 against 1.01 in 2023; short-term debt: 97.9% and cash: 0.2% of total assets), and 97.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
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
2.1%
Return on assets
-11.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-21k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
31 d late
2022
32 d late
2021
37 d early
2020
32 d early
2019
39 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k▼ 84.4%
2023 · €25k
2018: €106k
2019: €121k
2020: €120k
2021: €71k
2022: €78k
2023: €25k
2018 → 2024
Total assets
€185k▲ 2.2%
2023 · €181k
2018: €417k
2019: €353k
2020: €411k
2021: €390k
2022: €230k
2023: €181k
2018 → 2024
Net result
€-21k▲ 59.2%
2023 · €-53k
2018: €-13k
2019: €15k
2020: €-511
2021: €-49k
2022: €7k
2023: €-53k
2018 → 2024
Working capital
€-10k
2023 · €2k
2018: €35k
2019: €67k
2020: €72k
2021: €41k
2022: €55k
2023: €2k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€120k-€71k▼ 41.1%€78k▲ 9.9%€25k▼ 67.4%€4k▼ 84.4%
Operating result€3k-€-33k€20k€-46k€-9k▲ 80.1%
Net result€-511-€-49k▼ 9,586%€7k€-53k€-21k▲ 59.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2024 against €46k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €185k
Fixed assets
€14k▼ 42.6%
Current assets
€171k▲ 8.9%
Equity and liabilities €185k
Equity
€4k▼ 84.4%
Debt
€181k▲ 16.3%
The debt ratio rises from 86.0% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€861▲
2023 · €-36k
Cash flow
€-11k▲
2023 · €-42k
Solvency
2.1%▼
2023 · 14.0%
Current ratio
0.95▼
2023 · 1.01
Quick ratio
0.09▲
2023 · 0.08
Debt / equity
45.75▲
2023 · 6.13
ROE
-541.9%▼
2023 · -207.1%
ROA
-11.6%▲
2023 · -29.0%
Interest coverage
0.07▲
2023 · -4.84
Debt
€181k▲
2023 · €156k
Debt ≤ 1 year
€181k▲
2023 · €156k
Income taxes
€140
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€181k€185k▲
Fixed assets21/28€24k€14k▼
Tangible fixed assets22/27€22k€12k▼
Land and buildings22€19k€10k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€822-
Financial fixed assets28€2k€2k▼
Current assets29/58€157k€171k▲
Stocks and contracts in progress3€144k€155k▲
Stocks30/36€144k€135k▼
Contracts in progress37-€20k
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€12k€16k▲
Other amounts receivable41€46€70▲
Cash at bank and in hand54/58€313€313=
Equity and liabilities
Total equity and liabilities10/49€181k€185k▲
Equity10/15€25k€4k▼
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€-2k€-24k▼
Amounts payable17/49€156k€181k▲
Amounts payable within one year42/48€156k€181k▲
Current portion of amounts payable after more than one year42€6k-
Financial debts43€58k€56k▼
Credit institutions430/8€58k€56k▼
Trade debts44€35k€25k▼
Suppliers440/4€35k€25k▼
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€2k▼
Other amounts payable47/48€50k€99k▲
Income statement
Code20232024
Remuneration, social security and pensions62€-18-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-33k€3k▲
Operating profit (loss)9901€-46k€-9k▲
Financial income75/76B€1k€149▼
Recurring financial income75€1k€149▼
Financial charges65/66B€7k€12k▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€-53k€-21k▲
Income taxes67/77-€140
Profit (loss) for the period9904€-53k€-21k▲
Profit (loss) for the period to be appropriated9905€-53k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-24k▲
Profit (loss) brought forward from the previous period14P-€-2k
Transfer from equity791/2€50k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-53k ▼846%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deerlijk · 1 establishment unit since 2014
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.
Vichtesteenweg 2508540 DeerlijkGround area
339 m²
Building footprint
339 m²
Volume, LiDAR
1,822 m³
Parcel 34009B0848/03T000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mcnudde
since 20142.230.135.314
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34009B0848/03T000 | Flanders | 338 m² | 1 · 339 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CGCcom
BE 0538.585.966
Sambreville · Eq €4k
Technicz
BE 0821.034.031
Bocholt · Eq €4k
Wens Projects
BE 0792.819.404
Retie · Eq €4k
DRK CONCEPT
BE 1004.496.366
Tienen · Eq €4k
SRN GROUP
BE 1019.058.244
Grimbergen · Eq €4k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 3,140 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-05-2014
Fiscal year end31-12
Trade name NL
MCNUDDE
Activities, NACEBEL
43211General electrical installation work
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.