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MDS-CONSTRUCT

Active
Private limited companyfounded 2012active for 14 yearsNevelestraat 60, 9880 Aalter, BelgiumKBO/BCE: BE 0844.628.389

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MDS-CONSTRUCT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €588,536 and a net result of €165,726. Equity has been growing by about 29% per year since 2019. Its solvency ranks better than 33% of 150 sector peers (NACE 25, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 20-03-2012 Normal situation
Activity
Manufacture of metal structures and parts of structures NACE 25110and 5 others
Establishment units
2.208.768.291 9880 Aalter, since 01-04-2012
2.369.313.090 9800 Deinze, since 01-01-2025
Financial year end
31 March
Peppol
Reachable since 12-06-2025

Board and ownership

Financial position

89 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 31-03-2026
Gross margin
€385,967
▼ 15.6%
Turnover
≈ €910,000
estimated
Profit
€165,726
▼ 1.9%
Equity
€588,536
▲ 19.9%
Total assets
€1.6m
▼ 1.8%
Staff
0.5 FTE
=
Filed on 04-09-2026, 57 days before the deadlineat the National Bank
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFigures for financial year 2026 (filed on 07-09-2026)Size: 0.5 FTE, total assets €1.6mFounded in 2012Show the evidence

Checked score

Score 2026
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in fabricated metal products (NACE 25)
Financial strength · tick: 2025
Strong
Solvency 61+7
equity 35.9% of total assets
Liquidity 58+4
short-term debt 8.4% · cash 6.4%
Profitability 81=
return on assets 10.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,706 companies, NACE 25, micro)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.2 percentage points vs 09-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.36 (1.75 in 2025), above the usual 1.5. Short-term debt is 8.4% and cash 6.4% of total assets. However, 64.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 25, micro). It does better than 39% of them on solvency, 57% on liquidity, 66% on profitability and 71% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2026 (filed on 07-09-2026)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Size: 0.5 FTE, total assets €1.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2012
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 04-09-2026, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
57 days early
2025
52 days early
2024
48 days early
2023
34 days early
2022
5 days early
2021
33 days early
2020
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 13 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 83% of companies in fabricated metal productssector median €27,599 · 150 companies €165,726 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €165,726 8 years View

Comparable companies

These companies have the same main activity as MDS-CONSTRUCT: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €1m and €2.8m, founded between 2006 and 2017.

CompanyTotal assetsGross margin
MDS-CONSTRUCT Aalter€1.6m€0.4m
VANDEWALLE METAALCONSTRUCTIE Ingelmunster€1.4m€0.4m
D & B METAALCONSTRUCTIE Roeselare€2.4m€0.4m
GLT-Lastechniek Wingene€1.0m€0.4m
RS Construction Liège€1.6m€0.5m
VDK-Technix Zele€2.8m€0.5m
HOFMAN MONTAGE Hamme (Vl.)€1.4m€0.3m
Full comparison

Documents

Annual accounts at the NBB

All 14 annual accounts

Articles and registers

Key facts about MDS-CONSTRUCT

What is the company number of MDS-CONSTRUCT?
The company number of MDS-CONSTRUCT is 0844.628.389. The VAT number is the same number with BE in front: BE 0844.628.389.
Where is MDS-CONSTRUCT based?
The registered office is at Nevelestraat 60, 9880 Aalter.Company details
What does MDS-CONSTRUCT do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of MDS-CONSTRUCT?
The legal form of MDS-CONSTRUCT is Private limited company (BV).
When was MDS-CONSTRUCT founded?
MDS-CONSTRUCT was founded on 20-03-2012.
Is MDS-CONSTRUCT still active?
Yes, MDS-CONSTRUCT is an active enterprise in the KBO register.
How many employees does MDS-CONSTRUCT have?
MDS-CONSTRUCT had an average of 0.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of MDS-CONSTRUCT?
The turnover in financial year 2026 is ≈ €910,000. This figure is estimated from the gross margin of €385,967 and 2,285 comparable companies of the same size. It probably lies between €550,000 and €1.6m. It is a rough estimate.
Is MDS-CONSTRUCT profitable?
In financial year 2026, MDS-CONSTRUCT made a profit of €165,726.
Where can I find the annual accounts of MDS-CONSTRUCT?
MDS-CONSTRUCT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of MDS-CONSTRUCT due?
MDS-CONSTRUCT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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