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MDS Tech

Active
Private limited companyfounded 20242 yrs activeFrans van Ryhovelaan 310, 9000 Gent, BelgiumKBO/BCE: BE 1013.216.369
Summary

The computed 12-month bankruptcy probability of MDS Tech is 5.1% (elevated). The 2025 annual accounts show equity of €22,997 and a net result of €21,497. Its solvency ranks better than 55% of 33926 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Site preparation
NACE 43120Construction of utility projects for electricity and telecommunications NACE 42220
1 site
Size
€44,355total assets 2025
Staff
1.4 FTE
Equity
€22,997
Profit
€21,497
Turnover not published (abridged schema)
Financial health
40 Weak Checked score 2025
Bankruptcy chance 12 m
5.1%
Structure
Accounts 16 d early0 of 3 deeds read
Why 40- 2 changes of registered office in 24 months- Founded in 2024- Size: total assets €44,355+ Liquidity: current ratio 1.40, cash €8,570Show the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 64% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency 77
equity 51.8% of total assets
Liquidity 50
short-term debt 48.2% · cash 19.3%
Profitability 100
return on assets 48.5%
Bankruptcy probability, 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,514 companies)
Last 24 months 10-2025: 7.9% 11-2025: 8.1%▲ +1.9% vs 10-2025 12-2025: 8.2%▲ +1.4% vs 11-2025 01-2026: 8.9%▲ +8.4% vs 12-2025 02-2026: 9.3%▲ +4.5% vs 01-2026 03-2026: 9.3%● 0.0% vs 02-2026 04-2026: 9.6%▲ +3.1% vs 03-2026 05-2026: 9.6%▲ +0.5% vs 04-2026 06-2026: 9.4%▼ -2.2% vs 05-2026 07-2026: 9.5%▲ +0.5% vs 06-2026 08-2026: 9.8%▲ +3.8% vs 07-2026 09-2026: 10.0%▲ +2.2% vs 08-2026highest value 10-2026: 5.1%▼ -49.3% vs 09-2026lowest value
  • 2 changes of registered office in 24 months raises the probability
  • Founded in 2024 raises the probability for this profile
  • Liquidity: current ratio 1.40, cash €8,570 lowers the probability
  • Size: total assets €44,355 raises the probability for this profile
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.4; short-term debt: 48.2% and cash: 19.3% of total assets), and 48.2% of the assets are financed with debt.
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 (NACE 43, micro). Better than this share of them on solvency 56%, liquidity 44%, profitability 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Founded in 2024
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Liquidity: current ratio 1.40, cash €8,570
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Size: total assets €44,355
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-04-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
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 2025 · micro…

Key points

  • Total assets 2025first fiscal year filed €44,355 View
  • Active since 2024founded 05-09-2024 2 years View

By topic

Financials

Fiscal year
2025
Total assets
€44,355
Profit
€21,497
Solvency
51.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Site preparationNACE 43120
Founded
05-09-2024
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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