MDRO
The computed 12-month bankruptcy probability of MDRO is 2.3% (moderate). The 2025 annual accounts show negative equity (€-49k) and a net result of €18k. Equity is growing by ~6% per year across the filed fiscal years. The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-49k |
| Net result | €18k |
| Active | 21 yrs |
| Publications | 2 |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €27k |
| Net profit | €18k |
| Cash flow | €20k |
| Staff costs | - |
| Income taxes | €7k |
| Dividends | - |
| Total assets | €26k |
| Equity | €-49k |
| Debt | €74k |
| of which ≤ 1y | €74k |
| of which > 1y | - |
| Working capital | €-51k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -198.7% |
| Solvency | -188.7% |
| Debt / equity | -1.53 |
| Long-term debt ratio | - |
| Interest coverage | 37.37 |
| Gross margin | - |
| Net margin | - |
| ROA | 68.7% |
| ROE | -36.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €26k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €3k |
| Current assets | 29/58 | €23k |
| Amounts receivable within one year | 40/41 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €26k |
| Equity | 10/15 | €-49k |
| Contributions / capital | 10/11 | €13k |
| Reserves | 13 | €20k |
| Accumulated profits (losses) | 14 | €-81k |
| Amounts payable | 17/49 | €74k |
| Amounts payable within one year | 42/48 | €74k |
| Trade debts payable within one year | 44 | €8k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €25k |
| Financial income | 75 | €151 |
| Financial charges | 65 | €717 |
| Result before taxes | 9903 | €25k |
| Income taxes | 67/77 | €7k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 03-02-2005 |
| Status | Active |
| Postal code | 1200 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0151/00G000 | Brussels | 5,231 m² | 1 · 1,771 m² | 23.1 m · 7 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
10-10-2024 Registered office moved to Woluwé
- Gulledelle, 99 BP6 1200 Woluwé-Saint-Lambert
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Gulledelle, 99 BP6\n1200 Woluw\u00E9-Saint-Lambert",
"city": "Woluw\u00E9",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Gulledelle",
"country": "BE",
"postcode": "1200",
"box_number": "BP6",
"street_number": "99",
"locality_suffix": "Saint-Lambert"
},
"old_address": null,
"effective_date": "2024-06-05",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-06-05",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-09-12",
"unanimous": true
},
"subject_company": {
"kbo": "0872.202.818",
"name_full": "MDRO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Marc DE ROOSE",
"org_rep_person_name": null,
"person_role_at_subject": "L\u0027actionnaire unique"
},
"co_filed_documents": [
"copie dudit proc\u00E8s-verbal du 12/09/2024"
]
}04-12-2023 DE ROOSE Marc appointed as director
- DE ROOSE Marc, Bestuurder
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "gerant",
"person": {
"rrn": null,
"name": "DE ROOSE Marc",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "L\u2019actionnaire unique donne d\u00E9charge compl\u00E8te et enti\u00E8re au g\u00E9rant d\u00E9missionnaire pour l\u2019ex\u00E9cution de leur mandat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "DE ROOSE Marc",
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"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Est appel\u00E9 aux fonctions d\u2019administrateur non statutaire pour une dur\u00E9e illimit\u00E9e : \u2022 Monsieur DE ROOSE Marc, pr\u00E9qualifi\u00E9, ici pr\u00E9sent et qui accepte.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "S\u00E9bastien FOUCART",
"firm_city": null,
"firm_name": null,
"office_city": "Charleroi",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-12-04",
"filing_date": "2023-11-30",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-11-28",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0872.202.818",
"name_full": "MDRO",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "S\u00E9bastien FOUCART",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | MDRO |