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MDR Technieken

Active
Private limited companyfounded 20242 yrs activeBeekstraat 10, 2830 Willebroek, BelgiumKBO/BCE: BE 1011.511.545
Summary

The computed 12-month bankruptcy probability of MDR Technieken is 2.2% (moderate). The 2025 annual accounts show equity of €57,437 and a net result of €30,348. Its solvency ranks better than 72% of 28374 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency92▼-2
Growth78
Track record82
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.0 against 2.95 in 2024; short-term debt: 32.5% and cash: 77.4% of total assets), and 32.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.5%
Return on assets
35.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filings
Deviation from the deadline
2025
31 d late
2024
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 July 2024, MDR Technieken was incorporated as a Private limited company.1 In 2026 the registered office moved to Tisselt.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-07-2026
  3. 3National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€57,437▲ 112%
2024 · €27,089
Total assets
€85,103▲ 117%
2024 · €39,179
Net result
€30,348▲ 37.4%
2024 · €22,089
Working capital
€55,222▲ 135%
2024 · €23,532
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€27,707-€38,089▲ 37.5%
Net result€22,089within the sector's middle half-€30,348above the sector's middle half▲ 37.4%
Equity€27,089within the sector's middle half-€57,437within the sector's middle half▲ 112%
Total assets€39,179below the sector's middle half-€85,103within the sector's middle half▲ 117%
Debt€12,090-€27,666▲ 129%
Working capital€23,532within the sector's middle half-€55,222within the sector's middle half▲ 135%
Solvency69.1%within the sector's middle half-67.5%within the sector's middle half▼ 1.7pp
Current ratio2.95within the sector's middle half-3.00within the sector's middle half▲ 0.05
Return on assets (ROA)56.4%above the sector's middle half-35.7%above the sector's middle half▼ 20.7pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2024: €27,707€27,707Net result 2024: €22,089€22,089Operating result 2025: €38,089€38,089Net result 2025: €30,348€30,34820242025€0€10,000€20,000€30,000€40,000Operating result 2024: €27,707€27,700Net result 2024: €22,089€22,100Operating result 2025: €38,089€38,100Net result 2025: €30,348€30,30020242025
The operating result rises in 2025; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85,103
Fixed assets €2,215 ▼ 27.8%
Current assets €82,888 ▲ 133%
Equity and liabilities €85,103
Equity €57,437 ▲ 112%
Debt €27,666 ▲ 129%
Debt's share of the balance-sheet total rises from 30.9% to 32.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€39,431▲
2024 · €28,325
Cash flow
€31,690▲
2024 · €22,707
Debt to equity
0.48▲
2024 · 0.45
ROE
52.8%▼
2024 · 81.5%
Interest coverage
228.98▼
2024 · 6633.38
Debt ≤ 1 year
€27,666▲
2024 · €12,090
Income taxes
€8,596▲
2024 · €5,749
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€39,179€85,103▲
Formation expenses20€489-
Fixed assets21/28€3,068€2,215▼
Tangible fixed assets22/27€3,068€2,215▼
Plant, machinery and equipment23€1,487€1,168▼
Furniture and vehicles24€1,581€1,047▼
Current assets29/58€35,622€82,888▲
Amounts receivable within one year40/41€4,874€15,172▲
Trade receivables40€4,874€15,172▲
Cash at bank and in hand54/58€30,039€65,873▲
Deferred charges and accrued income490/1€709€1,843▲
Equity and liabilities
Total equity and liabilities10/49€39,179€85,103▲
Equity10/15€27,089€57,437▲
Contributions10/11€5,000€5,000=
Reserves13€22,089€52,437▲
Distributable reserves133€22,089€52,437▲
Amounts payable17/49€12,090€27,666▲
Amounts payable within one year42/48€12,090€27,666▲
Trade debts44€865€10,290▲
Suppliers440/4€865€10,290▲
Taxes, remuneration and social security45€6,598€9,157▲
Taxes450/3€6,598€9,157▲
Other amounts payable47/48€4,627€8,219▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€618€1,342▲
Other operating charges640/8€387€758▲
Gross operating margin9900€28,712€40,189▲
Operating profit (loss)9901€27,707€38,089▲
Financial income75/76B€136€1,027▲
Recurring financial income75€136€1,027▲
Financial charges65/66B€4€172▲
Recurring financial charges65€4€172▲
Profit (loss) for the period before taxes9903€27,838€38,944▲
Income taxes67/77€5,749€8,596▲
Profit (loss) for the period9904€22,089€30,348▲
Profit (loss) for the period to be appropriated9905€22,089€30,348▲
Appropriation of the result
Profit (loss) to be appropriated9906€22,089€30,348▲
Transfer to equity691/2€22,089€30,348▲
To other reserves6921€22,089€30,348▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€618€1,342▲ 117%
Other operating charges640/8€387€758▲ 95.8%
Gross operating margin9900€28,712€40,189▲ 40.0%
Operating profit (loss)9901€27,707€38,089▲ 37.5%
Financial income75/76B€136€1,027▲ 656%
Recurring financial income75€136€1,027▲ 656%
Financial charges65/66B€4€172▲ 3,933%
Recurring financial charges65€4€172▲ 3,933%
Profit (loss) for the period before taxes9903€27,838€38,944▲ 39.9%
Income taxes67/77€5,749€8,596▲ 49.5%
Profit (loss) for the period9904€22,089€30,348▲ 37.4%
Profit (loss) for the period to be appropriated9905€22,089€30,348▲ 37.4%
Line20242025Change
Assets
Total assets20/58€39,179€85,103▲ 117%
Formation expenses20€489--
Fixed assets21/28€3,068€2,215▼ 27.8%
Tangible fixed assets22/27€3,068€2,215▼ 27.8%
Plant, machinery and equipment23€1,487€1,168▼ 21.5%
Furniture and vehicles24€1,581€1,047▼ 33.8%
Current assets29/58€35,622€82,888▲ 133%
Amounts receivable within one year40/41€4,874€15,172▲ 211%
Trade receivables40€4,874€15,172▲ 211%
Cash at bank and in hand54/58€30,039€65,873▲ 119%
Deferred charges and accrued income490/1€709€1,843▲ 160%
Equity and liabilities
Total equity and liabilities10/49€39,179€85,103▲ 117%
Equity10/15€27,089€57,437▲ 112%
Contributions10/11€5,000€5,000=
Reserves13€22,089€52,437▲ 137%
Distributable reserves133€22,089€52,437▲ 137%
Amounts payable17/49€12,090€27,666▲ 129%
Amounts payable within one year42/48€12,090€27,666▲ 129%
Trade debts44€865€10,290▲ 1,090%
Suppliers440/4€865€10,290▲ 1,090%
Taxes, remuneration and social security45€6,598€9,157▲ 38.8%
Taxes450/3€6,598€9,157▲ 38.8%
Other amounts payable47/48€4,627€8,219▲ 77.7%
Line20242025Change
Profit (loss) for the period9904€22,089€30,348▲ 37.4%
+ Depreciation and write-downs630€618€1,342▲ 117%
Operating cash flow (approximation)€22,707€31,690▲ 39.6%
Investment in fixed assets (approximation)--€489-
Change in cash-€35,834-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
24-07
State Gazette act Registered office
Registered-office move · Power of attorney3 facts ▸
  • General meeting, 22-06-2026
  • Registered-office move, Beekstraat 10, 2830 Tisselt
  • Power of attorney, BV AccTiFiM
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts 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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Directors · office · real estate

Directors
2 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, Willebroek · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
507 m²
Building footprint
227 m²
Volume, LiDAR
817 m³
Parcel 12036C0226/00G000, Flanders · tallest building 4.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MDR Technieken
Beekstraat 10, 2830 WillebroekPlumbing work
since 20242.362.014.732
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12036C0226/00G000 Flanders 507 m² 1 · 227 m² 4.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 112 EUR awarded · 112 EUR paid
Year Entries awardedpaid
2025 1 112 EUR112 EUR
Schemes
1 entry · 112 EUR · 112 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

3 categories
MDR Technieken BV44766
category D16, class 1 · category D17, class 1 · category D18, class 1
decision 10-03-2025

Similar companies · same sector, comparable size

Of 7,043 companies in sector 43221 we hold annual accounts for 3,480. 3,007 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
81220Other building cleaning and industrial cleaning
82100Office administrative and support services
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011511545
Also 9925:BE1011511545
Registered 04-04-2025

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

Register as of 30 September 2026 · Peppol Directory

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