MDS CAR

Active

Private limited companyfounded 20242 yrs activeAffligemstraat 65, 1742 Ternat, BelgiumKBO/BCE: BE 1007.664.704

Summary

The computed 12-month bankruptcy probability of MDS CAR is 1.5% (moderate). The 2025 annual accounts show negative equity (-€364) and a net result of -€4,364. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MDS CARActiveChecked score 52/100

Risk analysis Report Compare

Activity

NACE 45112

1 site

Size

€11,321total assets 2025

Equity: -€364
Loss: -€4,364

Financial health

52 Fair Checked score 2025

Bankruptcy chance 12 m: 1.5%

Structure

Accounts filed 3 d late0 of 1 deed read

Why 52Capped at 59: negative equity- Founded in 2024- Negative equity -€364+ Size: total assets €11,321+ Sector Wholesale/retail of motor vehicles (NACE 45)Show the evidence

Checked score

Score 2025

52 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 5% of its sector peers (all companies)

Performance against the sector, not lower risk

Negative equity caps the score at 59. Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 22

equity -3.2% of total assets

Liquidity 2

short-term debt 103.2% · cash 1.5%

Profitability 0

return on assets -38.6%

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (10 companies)

Last 24 months 04-2025: 1.2%lowest value 05-2025: 1.2%● 0.0% vs 04-2025lowest value 06-2025: 1.3%▲ +2.8% vs 05-2025 07-2025: 1.4%▲ +8.9% vs 06-2025 08-2025: 1.5%▲ +5.7% vs 07-2025 09-2025: 1.7%▲ +11.8% vs 08-2025 10-2025: 1.7%● 0.0% vs 09-2025 11-2025: 1.8%▲ +11.0% vs 10-2025 12-2025: 1.9%▲ +2.0% vs 11-2025 01-2026: 1.8%▼ -4.6% vs 12-2025 02-2026: 2.0%▲ +9.5% vs 01-2026highest value 03-2026: 1.4%▼ -28.6% vs 02-2026 04-2026: 1.4%▲ +2.2% vs 03-2026 05-2026: 1.4%● 0.0% vs 04-2026 06-2026: 1.4%● 0.0% vs 05-2026 07-2026: 1.4%▼ -1.0% vs 06-2026 08-2026: 1.4%● 0.0% vs 07-2026 09-2026: 1.5%▲ +3.3% vs 08-2026 10-2026: 1.5%▲ +4.0% vs 09-2026

Founded in 2024 raises the probability for this profile
Size: total assets €11,321 lowers the probability for this profile
Sector Wholesale/retail of motor vehicles (NACE 45) lowers the probability
Negative equity -€364 raises the probability

No credit on open account

Liquidity short (current ratio 0.97; short-term debt: 103.2% and cash: 1.5% 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 (all companies). Better than this share of them on solvency 8%, liquidity 3%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Founded in 2024

In the bankruptcy model this factor raises the probability for this profile.

KBO

Size: total assets €11,321

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Sector Wholesale/retail of motor vehicles (NACE 45)

In the bankruptcy model this factor lowers the probability.

KBO

Negative equity -€364

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 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 · 1 filing

Deviation from the deadline

2025

3 d late

← before the deadline after the deadline →

Checked, nothing found (1)

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