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MDS

Active
Public limited companyfounded 198838 yrs activeSainte-Anne 14, 6560 Erquelinnes, BelgiumKBO/BCE: BE 0433.699.272
Summary

MDS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €344,538 and a net result of €25,771. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 51% of 6545 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

What they do
Retail sale of automotive fuel
NACE 47300NACE 50500
#2 oldest company in Erquelinnes, Wholesale and retail trade sector3 sites
How big
€1.0mtotal assets 2024
Staff
6 FTE
Equity
€344,538
Profit
€25,771
Financially healthy?
66 Healthy Checked score 2024
Bankruptcy chance 12 m
0.8%
Who decides
Accounts 62 d overdue0 of 7 deeds read
Why 66- Multiple establishment units- Higher-failure-rate sector- Higher-failure-rate region+ Long track record+ Lower-risk legal formFiled after the deadlineShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability72▲+67
Solvency58▼-6
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.21 in 2023; short-term debt: 62.5% and cash: 29% of total assets), and 67% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
24 d early
2021
16 d early
2020
31 d late
2019
11 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 12 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Back to profitnet €25,771
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Back in profit in 2024after -€92,487 in 2023 €25,771 View
  • Positive: Oldest company in Erquelinnes, Wholesale and retail trade…in the Checked rankings #2 View
  • Caution: Accounts not fileddeadline was 31-07-2026 62 d late View

By topic

Financials

Fiscal year
2024
Total assets
€1.0m
Profit
€25,771
Solvency
33.0%
Total assets▲ 21.1%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 30-09-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 30-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Retail sale of automotive fuelNACE 47300
Founded
11-02-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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