Financials
- Fiscal year
- 2025
- Total assets
- €40,497
- Profit
- €1,555
- Solvency
- -96.8%
Total assets▼ 20.3%
Net result
20182025
MDR & Co
ActiveSummary
MDR & Co has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€39,190) and a net result of €1,555. Equity is shrinking by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 6% of 7676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Public relations and communication consultancy
NACE 73300NACE 70210
2 sites
How big
€40,497total assets 2025
- Equity
- -€39,190
- Profit
- €1,555
Turnover not published (abridged schema)
Who decides
Accounts 31 d early0 of 2 deeds read
Why 54Capped at 59: negative equity- Negative equity -€39,190- 2 establishment units+ Size: total assets €40,497+ Sector Advertising, market research and public relations activities (NACE 73)Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 28% of its sector peers (NACE 73, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -96.8% of total assets
Liquidity
20+6
short-term debt 196.8% · cash 16.0%
Profitability
74+5
return on assets 3.8%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 3 months
08-2026: 0.9%highest value
09-2026: 0.9%● 0.0% vs 08-2026highest value
10-2026: 0.9%▼ -1.1% vs 09-2026lowest value
- Negative equity -€39,190 raises the probability
- Size: total assets €40,497 lowers the probability for this profile
- Sector Advertising, market research and public relations activities (NACE 73) lowers the probability
- 2 establishment units raises the probability
No credit on open account
Liquidity short (current ratio 0.44 against 0.47 in 2024; short-term debt: 196.8% and cash: 16% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 5%, liquidity 11%, profitability 44%, growth against the median 51%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 7676 sector peers (2025).
NBB · sector comparisonPosition among 7676 sector peers
Solvency
better than 6%
← 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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
34 d early
2023
37 d early
2022
35 d early
2021
40 d early
2020
59 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
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. Usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2019
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 27-06-2025Annual accounts filed
- 24-06-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Public relations and communication consultancyNACE 73300
- Founded
- 26-12-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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