Financials
- Fiscal year
- 2024
- Total assets
- €134,950
- Loss
- -€10,199
- Solvency
- 6.3%
MDS TECHNOLOGY
ActiveSummary
The annual accounts of MDS TECHNOLOGY for fiscal year 2024 show a net loss of 54% of the equity at the start of that year. The 2024 annual accounts show equity of €8,554 and a net result of -€10,199. Equity is shrinking by ~5.9% per year across the filed fiscal years. The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Overview
What they do
Activities of other sports clubs
NACE 93129
1 site
How big
€134,950total assets 2024
- Equity
- €8,554
- Loss
- -€10,199
Turnover not published (abridged schema)
Who decides
Accounts 36 d early0 of 2 deeds read
Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Figures for FY 2024 (filed 27-08-2025)- Loss of €10,199 (FY 2024)+ Size: total assets €134,950+ Sector Sports, amusement and recreation activities (NACE 93)Show the evidence
Checked score
Score 2024
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 23% of its sector peers (NACE 93, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency
31-8
equity 6.3% of total assets
Liquidity
33+26
short-term debt 51.2% · cash 6.9%
Profitability
20-51
return on assets -7.6%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
- Figures for FY 2024 (filed 27-08-2025) raises the probability
- Size: total assets €134,950 lowers the probability for this profile
- Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
- Loss of €10,199 (FY 2024) raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.16 against 0.63 in 2023; short-term debt: 51.2% and cash: 6.9% of total assets), and 93.7% 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 93, micro). Better than this share of them on solvency 30%, liquidity 27%, profitability 23%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
26 d late
2023
27 d late
2022
47 d late
2021
9 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 August (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€10,199
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 25-06-2026Annual accounts filed
- 26-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of other sports clubsNACE 93129
- Founded
- 20-11-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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