Equity
€59,787 ▼ 16.5%
MDV paid out €40,000 in dividends. That is 142% of the 2025 profit.
MDV
Lifetime
4 annual accounts with figures on one time axispeak €53,360 (2024)
€43,808▼ 17.9%
peak €35,655 (2024)
€28,165▼ 21.0%
peak €71,621 (2024)
€59,787▼ 16.5%
€51,772▲ 153%
Board2 names since 2021
1 directorFabian MATON
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €53,360 to €43,808Dividend €40,000Equity from €71,621 to €59,787Debts from €20,445 to €51,772Investments €8,895
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Investments
€15,448 3.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 33.1% higher than in 2024.
Liquidity
1.84 was 4.51 in 2024
Short-term debts rose from €16,859 to €49,705.
Filings
4 annual accounts 1 late
The 2022 accounts came 142 days late. The other three were filed on time.
Starting capital
€5,000 100 shares
Checked score
84
Excellent
Financially stronger than 61% of micro companies in building services and landscaping (NACE 81)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.4%▼ -0.1 percentage points vs 01-2025
03-2025: 1.5%▲ +0.1 percentage points vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025highest value
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 0.9%▼ -0.6 percentage points vs 06-2025
08-2025: 0.8%▼ -0.1 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.7%▼ -0.1 percentage points vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.5%▼ -0.3 percentage points vs 06-2026lowest value
08-2026: 0.5%● unchanged vs 07-2026lowest value
09-2026: 0.5%● unchanged vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
Size: total assets €111,558
lowers risk
Liquidity: current ratio 1.84, cash €33,337
Equity €59,787 (53.6% of total assets)
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 81, micro). It does better than 63% of them on solvency, 69% on liquidity, 92% on profitability and 19% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 39,278 companies had the same profile as MDV has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MDV itself: 0.5% 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 39,278 companies, not a prediction for MDV. 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 €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.84 (4.51 in 2024), above the usual 1.5. Short-term debt is 44.6% and cash 29.9% of total assets. 46.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 days early
2024
36 days early
2023
28 days early
2022
142 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 12 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% 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 2 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE VLAMINCK Ingrid associée non active et non rémunéréedeed of 05-01-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777998002
Resignation: DE VLAMINCK Ingrid (director)
Partner: DE VLAMINCK Ingrid (associée non active et non rémunérée) · General meeting of 26-11-2022 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: Fabian MATON and DE VLAMINCK Ingrid Georgette · Appointments: Fabian MATON (director) and DE VLAMINCK Ingrid Georgette (director) · published on 07-12-2021 · Gazette deed
First establishment
Rue de Douvrain (G.) 32, Mons
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MDV Mons | €111,558 | €43,808 | 53.6% | - |
| Karweiwerken J. Vekemans Nijlen | €119,510 | €42,203 | 20.6% | - |
| AXTHI CLEAN Koksijde | €116,300 | €42,596 | 43.0% | - |
| VAHACLEAN Dendermonde | €127,140 | €40,701 | 51.2% | - |
| Home-Pools Schilde | €94,798 | €47,848 | 7.6% | - |
| L&A Cleaning Company Incourt | €106,311 | €40,784 | 72.0% | - |
| REMACLE NETTOYAGES Waimes | €126,910 | €47,859 | 60.9% | - |
These companies have the same main activity as MDV: other building cleaning and industrial cleaning (NACE 81220). They are comparable in size and age: total assets between €94,800 and €127,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 03-12-2021Normal situation
- Activity
- Other building cleaning and industrial cleaningNACE 81220
- Establishment unit
- 2.326.065.5427011 Mons, since 03-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- €111,558▲ 21.2%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on MDV
MDV files the micro format. That format states no turnover. The gross margin rose from €16,531 in 2022 to €43,808 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 MDV
- What is the company number of MDV?
- The company number of MDV is 0777.998.002. The VAT number is the same number with BE in front: BE 0777.998.002.
- Where is MDV based?
- The registered office is at Rue de Douvrain (G.) 32/A, 7011 Mons.Company details
- What does MDV do?
- According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
- What is the legal form of MDV?
- MDV is a private limited company (BV).
- When was MDV founded?
- MDV was founded on 03-12-2021.
- Is MDV still active?
- Yes, MDV is an active enterprise in the KBO register.
- What is the turnover of MDV?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €43,808 and 34 comparable companies (NACE 812). It probably lies between €120,000 and €310,000.Financials
- Is MDV profitable?
- In financial year 2025, MDV made a profit of €28,165.
- Where can I find the annual accounts of MDV?
- MDV filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MDV due?
- MDV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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