MDV
ActiveSummary
The computed 12-month bankruptcy probability of MDV is 2.6% (moderate). The 2024 annual accounts show equity of €72k and a net result of €36k. Equity is growing by ~80.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 5893 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+3
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.51 against 3.57 in 2023; short-term debt: 18.3% and cash: 40.1% of total assets), and 22.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
28 d early
2022
142 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€72k▲ 99.1%
2023 · €36k
Total assets
€92k▲ 84.0%
2023 · €50k
Net result
€36k▲ 59.2%
2023 · €22k
Working capital
€59k▲ 83.1%
2023 · €32k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€13k-€30k▲ 134%€50k▲ 69.4%
Net result€9k-€22k▲ 161%€36k▲ 59.2%
Equity€14k-€36k▲ 165%€72k▲ 99.1%
Total assets€38k-€50k▲ 33.1%€92k▲ 84.0%
Debt€24k-€14k▼ 41.4%€20k▲ 45.4%
Working capital€7k-€32k▲ 351%€59k▲ 83.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 69% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92k
Fixed assets
€16k ▲ 212%
Current assets
€76k ▲ 69.4%
Equity and liabilities €92k
Equity
€72k ▲ 99.1%
Debt
€20k ▲ 45.4%
Debt's share of the balance-sheet total falls from 28.1% to 22.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53k▲
2023 · €31k
Cash flow
€38k▲
2023 · €24k
Current ratio
4.51▲
2023 · 3.57
Debt to equity
0.29▼
2023 · 0.39
ROE
49.8%▼
2023 · 62.3%
ROA
38.7%▼
2023 · 44.8%
Interest coverage
31.85▲
2023 · 20.63
Debt ≤ 1 year
€17k▲
2023 · €13k
Debt > 1 year
€2k
Income taxes
€13k▲
2023 · €6k
Staff costs
€38▼
2023 · €330
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €917 | €330 | €38 | ▼ 88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €736 | €1k | €3k | ▲ 115% |
| Other operating charges640/8 | €2k | €135 | €474 | ▲ 250% |
| Gross operating margin9900 | €17k | €31k | €53k | ▲ 70.4% |
| Operating profit (loss)9901 | €13k | €30k | €50k | ▲ 69.4% |
| Financial income75/76B | - | €250 | €606 | ▲ 143% |
| Recurring financial income75 | - | €250 | €606 | ▲ 143% |
| Financial charges65/66B | €269 | €1k | €2k | ▲ 11.0% |
| Recurring financial charges65 | €269 | €1k | €2k | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €12k | €28k | €49k | ▲ 73.1% |
| Income taxes67/77 | €4k | €6k | €13k | ▲ 126% |
| Profit (loss) for the period9904 | €9k | €22k | €36k | ▲ 59.2% |
| Profit (loss) for the period to be appropriated9905 | €9k | €22k | €36k | ▲ 59.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €38k | €50k | €92k | ▲ 84.0% |
| Fixed assets21/28 | €6k | €5k | €16k | ▲ 212% |
| Tangible fixed assets22/27 | €6k | €5k | €16k | ▲ 212% |
| Plant, machinery and equipment23 | €6k | €5k | €13k | ▲ 154% |
| Furniture and vehicles24 | - | - | €3k | - |
| Current assets29/58 | €31k | €45k | €76k | ▲ 69.4% |
| Amounts receivable after more than one year29 | - | €25k | €34k | ▲ 34.0% |
| Other amounts receivable291 | - | €25k | €34k | ▲ 34.0% |
| Amounts receivable within one year40/41 | €25k | €9k | €3k | ▼ 71.1% |
| Trade receivables40 | €13k | €7k | €2k | ▼ 72.1% |
| Other amounts receivable41 | €13k | €2k | €700 | ▼ 68.1% |
| Cash at bank and in hand54/58 | €5k | €9k | €37k | ▲ 333% |
| Deferred charges and accrued income490/1 | €720 | €2k | €3k | ▲ 41.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €38k | €50k | €92k | ▲ 84.0% |
| Equity10/15 | €14k | €36k | €72k | ▲ 99.1% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Reserves13 | €8k | €30k | €66k | ▲ 119% |
| Distributable reserves133 | €8k | €30k | €66k | ▲ 119% |
| Profit (loss) carried forward14 | €271 | €666 | €321 | ▼ 51.7% |
| Amounts payable17/49 | €24k | €14k | €20k | ▲ 45.4% |
| Amounts payable after more than one year17 | - | - | €2k | - |
| Financial debts170/4 | - | - | €2k | - |
| Amounts payable within one year42/48 | €24k | €13k | €17k | ▲ 34.2% |
| Current portion of amounts payable after more than one year42 | - | - | €13k | - |
| Trade debts44 | €3k | €1k | - | - |
| Suppliers440/4 | €3k | €1k | - | - |
| Taxes, remuneration and social security45 | €16k | €10k | €3k | ▼ 64.4% |
| Taxes450/3 | €16k | €10k | €3k | ▼ 64.4% |
| Other amounts payable47/48 | €5k | €2k | €42 | ▼ 97.2% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | ▲ 38.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €22k | €36k | ▲ 59.2% |
| + Depreciation and write-downs630 | €736 | €1k | €3k | ▲ 115% |
| Operating cash flow (approximation) | €9k | €24k | €38k | ▲ 62.2% |
| Investment in fixed assets (approximation) | - | €0 | €-14k | - |
| Change in cash | - | €3k | €28k | ▲ 810% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €36k ▲59.2%
Operating result €50k, net result €36k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 3.57
Current ratio from 1.30 to 3.57; short-term debt falls from €24k to €13k.
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2021
Ground area
2,497 m²
Building footprint
149 m²
Volume, LiDAR
687 m³
Parcel 53030C0074/00Y000, Wallonia · tallest building 5.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MDV
since 20212.326.065.542
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53030C0074/00Y000 | Wallonia | 2,497 m² | 1 · 149 m² | 5.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,997 companies in sector 81220 we hold annual accounts for 2,414. 2,025 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
Contact
E-mail
vidangematon@gmail.com
Phone
+32477395451
Scores and ratios are computed by Checked and are not a credit decision.