MDS Life

Active

Private limited companyfounded 20232 yrs activeJaak Coveliersstraat 1, 2170 Antwerpen, BelgiumKBO/BCE: BE 1000.335.066

The computed 12-month bankruptcy probability of MDS Life is 3.0% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-261. Its solvency ranks better than 48% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

49 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability30▼-3

Solvency55=

Growth32

Track record82

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

30.1%

Return on assets

-3.1%

Age of the figures

21 mo

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

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

3 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€3k▼ 9.2%

2023 · €3k

2023: €3k

2023 → 2024

Total assets

€9k▼ 9.8%

2023 · €9k

2023: €9k

2023 → 2024

Net result

€-261▼ 55.0%

2023 · €-169

2023: €-169

2023 → 2024

Working capital

€3k▼ 9.2%

2023 · €3k

2023: €3k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€3k-€3k▼ 9.2%

Operating result€-193-€2k

Net result€-169-€-261▼ 55.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €2k after a loss of €193 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €9k

30.1%

69.9%

Equity €3k▼ 9.2%

Debt €6k▼ 10.1%

The debt ratio falls from 70.1% to 69.9%. Equity and debt are lower.

Key figures and ratios

2024 value · change against 2023

Solvency

30.1%▲

2023 · 29.9%

Current ratio

1.43▲

2023 · 1.43

Quick ratio

1.22▲

2023 · 1.13

Debt / equity

2.32▼

2023 · 2.35

ROE

-10.2%▼

2023 · -6.0%

ROA

-3.1%▼

2023 · -1.8%

Debt

€6k▼

2023 · €7k

Debt ≤ 1 year

€6k▼

2023 · €7k

Income taxes

€1k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€9k€9k▼

Current assets29/58€9k€9k▼

Stocks and contracts in progress3€2k€1k▼

Stocks30/36€2k€1k▼

Amounts receivable within one year40/41€936€3k▲

Trade receivables40€845€2k▲

Other amounts receivable41€92€730▲

Cash at bank and in hand54/58€7k€4k▼

Deferred charges and accrued income490/1-€931

Equity and liabilities

Total equity and liabilities10/49€9k€9k▼

Equity10/15€3k€3k▼

Contributions10/11€3k€3k=

Outside capital11€3k€3k=

Other1109/19€3k€3k=

Profit (loss) carried forward14€-169€-430▼

Amounts payable17/49€7k€6k▼

Amounts payable within one year42/48€7k€6k▼

Trade debts44€3k€1k▼

Suppliers440/4€3k€1k▼

Taxes, remuneration and social security45-€1k

Taxes450/3-€1k

Other amounts payable47/48€4k€3k▼

Income statement Code20232024

Other operating charges640/8-€170

Gross operating margin9900€-193€2k▲

Operating profit (loss)9901€-193€2k▲

Financial income75/76B€101€50▼

Recurring financial income75€101€50▼

Financial charges65/66B€77€567▲

Recurring financial charges65€77€567▲

Profit (loss) for the period before taxes9903€-169€1k▲

Income taxes67/77-€1k

Profit (loss) for the period9904€-169€-261▼

Profit (loss) for the period to be appropriated9905€-169€-261▼

Appropriation of the result

Profit (loss) to be appropriated9906€-169€-430▼

Profit (loss) brought forward from the previous period14P-€-169

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

28-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

NBB filing

Directors · office · real estate

Directors

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

Location & real-estate footprint

Registered office, Antwerpen · 1 establishment unit since 2023

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jaak Coveliersstraat 12170 Antwerpen

Ground area

312 m²

Building footprint

200 m²

Volume, LiDAR

2,293 m³