Financials
- Financial year
- 2024
- Total assets
- €307,470
- Loss
- -€5,423
- Solvency
- 48.5%
Total assets▼ 11.2%
Net result
20202024
MDV FOOD
ActiveSummary
The computed 12-month bankruptcy probability of MDV FOOD is 4.1% (elevated). The 2024 annual accounts show equity of €149,198 and a net result of -€5,423. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 66% of 18,739 sector peers (NACE 56, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€307,470total assets 2024
- Staff
- 5.5 FTE
- Equity
- €149,198
- Loss
- -€5,423
Turnover not published (micro format)
Structure
2025 accounts not filed, 87 days past the deadline1 deed in the Belgian Official Gazette
Why 49raises risk1 financial year not filed after the legal deadline; last filed accounts filed 91 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 30-10-2025)Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.71, cash €87,423Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 52% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency
74+4
equity 48.5% of total assets
Liquidity
61+16
short-term debt 49.9% · cash 28.4%
Profitability
62-4
return on assets -1.8%
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.7%
12-2024: 2.7%● unchanged vs 11-2024
01-2025: 2.6%▼ -0.1 percentage points vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025
04-2025: 2.7%▲ +0.1 percentage points vs 03-2025
05-2025: 2.8%▲ +0.1 percentage points vs 04-2025
06-2025: 2.8%● unchanged vs 05-2025
07-2025: 2.8%● unchanged vs 06-2025
08-2025: 3.3%▲ +0.5 percentage points vs 07-2025
09-2025: 3.6%▲ +0.3 percentage points vs 08-2025
10-2025: 4.4%▲ +0.8 percentage points vs 09-2025highest value
11-2025: 2.4%▼ -2.0 percentage points vs 10-2025
12-2025: 2.4%● unchanged vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 2.4%● unchanged vs 01-2026
03-2026: 2.3%▼ -0.1 percentage points vs 02-2026
04-2026: 2.4%▲ +0.1 percentage points vs 03-2026
05-2026: 2.4%● unchanged vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.0%▼ -0.4 percentage points vs 06-2026lowest value
08-2026: 2.6%▲ +0.6 percentage points vs 07-2026
09-2026: 2.9%▲ +0.3 percentage points vs 08-2026
10-2026: 4.1%▲ +1.2 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.71, compared with 0.61 in 2023, below 1; short-term debt: 49.9% and cash: 28.4% of total assets), and 51.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 67% on solvency, 65% on liquidity, 42% on profitability and 36% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 5 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 91 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
91 days late
2023
61 days late
2022
100 days late
2021
110 days late
2020
198 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 112 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- Back to profitnet €8,825
Key points
By topic
Timeline
- Events
- 9
- Since
- 2021
- 31-12-2023Equity above €150,000
- 08-11-2023Annual accounts filed
- 18-11-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 14-04-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about MDV FOOD
- What is the company number of MDV FOOD?
- 0745.953.358. In Belgium the VAT number is the company number with BE in front: BE 0745.953.358.
- Where is MDV FOOD based?
- The registered office is at Steenweg 603, 9470 Denderleeuw.Company details
- What does MDV FOOD do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of MDV FOOD?
- Private limited company (BV).
- When was MDV FOOD founded?
- On 14-04-2020.
- Is MDV FOOD still active?
- Yes, MDV FOOD is an active enterprise in the KBO register.
- How many employees does MDV FOOD have?
- On average 5.5 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of MDV FOOD?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MDV FOOD profitable?
- In financial year 2024, MDV FOOD made a loss of €5,423.
- Where can I find the annual accounts of MDV FOOD?
- MDV FOOD filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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