Financials
- Financial year
- 2025
- Total assets
- €47,772
- Loss
- -€604
- Solvency
- 19.7%
MDRST RETAIL
ActiveSummary
MDRST RETAIL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,396 and a net result of -€604. Its solvency ranks better than 38% of 22,260 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€47,772total assets 2025
- Equity
- €9,396
- Loss
- -€604
Turnover not published (micro format)
Why 64raises riskFounded in 2025Size: total assets €47,772Latest accounts 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.49, cash €10,538Show the evidence
Checked score
Score 2025
64
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 44% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency
45
equity 19.7% of total assets
Liquidity
70
short-term debt 21.3% · cash 22.1%
Profitability
17
return on assets -1.3%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.49, above the usual 1.5; short-term debt: 21.3% and cash: 22.1% of total assets), but 80.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 35% on solvency, 77% on liquidity and 21% on profitability.
The bankruptcy probability was computed on 17-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Menderes TOPKAYA (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- Menderes TOPKAYADirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 16-10-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 29
See the provisions in the deeds
Go to Articles of associationGo further with this company
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