Equity
€34,011 ▲ 6.5%
MDSTech has made a profit without a break since 2023.
MDSTech
Lifetime
5 annual accounts with figures on one time axispeak €40,608 (2021)
€32,551▼ 8.7%
lowest -€6,307 (2022)
€3,855▼ 44.4%
peak €34,011 (2025)
€34,011▲ 6.5%
€230,449▼ 5.1%
Board1 name since 2021
1 directorDE SCHEPPER Michiel Jacky Anna Prosper
Documentsfilings and deeds
21-07-202610 days before the deadline
2025micro format
Result from €6,937 to €3,855Cash from €1,695 to €9,963
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€230,449 87% of the balance sheet
Financial debts 76%Suppliers 5%Taxes and wages 2%Other 17%
Of this, €51,067 falls due within a year.
Filings
5 annual accounts 2 late
The 2022 accounts came latest: 267 days after the end of the period.
Starting capital
€25,000 100 shares
Position in the sector
12.9%
Lower solvency than 81% of companies in fabricated metal products. Sector median 44.2% · 2,341 companies.
Checked score
63
Healthy
Financially stronger than 37% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.0%
01-2025: 2.9%▼ -0.1 percentage points vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 2.9%● unchanged vs 02-2025
04-2025: 2.9%● unchanged vs 03-2025
05-2025: 3.0%▲ +0.1 percentage points vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.2%▲ +0.2 percentage points vs 06-2025highest value
08-2025: 3.0%▼ -0.2 percentage points vs 07-2025
09-2025: 3.0%● unchanged vs 08-2025
10-2025: 3.0%● unchanged vs 09-2025
11-2025: 2.9%▼ -0.1 percentage points vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 2.9%● unchanged vs 12-2025
02-2026: 2.9%● unchanged vs 01-2026
03-2026: 2.9%● unchanged vs 02-2026
04-2026: 2.9%● unchanged vs 03-2026
05-2026: 2.9%● unchanged vs 04-2026
06-2026: 2.9%● unchanged vs 05-2026
07-2026: 2.9%● unchanged vs 06-2026
08-2026: 1.6%▼ -1.3 percentage points vs 07-2026
09-2026: 1.5%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 1.5%● unchanged vs 09-2026lowest value
11-2026: 1.5%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Liquidity: current ratio 0.58, cash €9,963
lowers risk
Size: total assets €264,460
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 16% of them on solvency, 41% on liquidity, 40% on profitability and 52% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,274 companies had the same profile as MDSTech has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MDSTech itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,274 companies, not a prediction for MDSTech. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.62 in 2024), below 1. Short-term debt is 19.3% and cash 3.8% of total assets. 87.1% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 2341 sector peers (2025).
NBB · sector comparisonPosition among 2341 sector peers
Solvency
better than 18%
← weakest
strongest →
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 21-07-2026, 10 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
10 days early
2024
2 days early
2023
12 days early
2022
267 days late
2021
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 55 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE SCHEPPER Michiel Jacky Anna Prosper 100 sharesdeed of 29-01-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0762549959
Registered office moved within Temse
New registered office: Krimperslaan 4F, 9140 TEMSE · Previous registered office: Duitslandstraat 23, 9140 Temse · Gazette deed
Incorporation
Appointment: DE SCHEPPER Michiel Jacky Anna Prosper (director) · Founder: DE SCHEPPER Michiel Jacky Anna Prosper · Founding capital of €25,000, 100 shares · published on 29-01-2021 · Gazette deed
First establishment
Krimperslaan 4, Temse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MDSTech Temse | €264,460 | €32,551 | 12.9% | - |
| CubIQ Design Peer | €259,394 | €37,258 | 51.5% | - |
| AKIRO Landen | €236,833 | €33,181 | 65.1% | - |
| OZ STAAL Wommelgem | €239,870 | €39,645 | 47.3% | - |
| COELS CONSTRUCT Beringen | €209,846 | €27,446 | 40.1% | - |
| Inotig Erpe-Mere | €233,575 | €27,628 | 16.1% | - |
| RDVConstruct Buggenhout | €197,012 | €36,044 | 38.8% | - |
These companies have the same main activity as MDSTech: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €197,000 and €259,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 27-01-2021Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 3 others
- Establishment unit
- 2.312.503.6559140 Temse, since 27-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 04-03-2024
Annual accounts 2025
- €264,460▼ 3.8%
- Filing
- Filed on 21-07-2026, 10 days before the end of the filing period
Insights on MDSTech
MDSTech files the micro format. That format states no turnover. The gross margin fell from €40,608 in 2021 to €32,551 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MDSTech
- What is the company number of MDSTech?
- The company number of MDSTech is 0762.549.959. The VAT number is the same number with BE in front: BE 0762.549.959.
- Where is MDSTech based?
- The registered office is at Krimperslaan 4, 9140 Temse.Company details
- What does MDSTech 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 MDSTech?
- MDSTech is a private limited company (BV).
- When was MDSTech founded?
- MDSTech was founded on 27-01-2021.
- Is MDSTech still active?
- Yes, MDSTech is an active enterprise in the KBO register.
- What is the turnover of MDSTech?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €32,551 and 2,940 comparable companies of the same size. It probably lies between €79,000 and €240,000. It is a rough estimate.Financials
- Is MDSTech profitable?
- In financial year 2025, MDSTech made a profit of €3,855.
- Where can I find the annual accounts of MDSTech?
- MDSTech filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MDSTech due?
- MDSTech must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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