MDV MANAGEMENT
ActiveMDV MANAGEMENT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €362k and a net result of €202k. Equity is growing by ~37.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 31527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+10
Solvency31▼-40
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.84 in 2024), and 76.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.1%
Return on assets
12.8%
Age of the figures
8 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
7 d early
2023
22 d late
2022
4 d early
2021
30 d late
2020
23 d early
2019
91 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€362k▼ 52.4%
2024 · €760k
2019: €48k
2020: €186k
2021: €301k
2022: €493k
2023: €624k
2024: €760k
2019 → 2025
Total assets
€1.57M▲ 12.1%
2024 · €1.40M
2019: €1.28M
2020: €1.31M
2021: €1.30M
2022: €1.40M
2023: €1.38M
2024: €1.40M
2019 → 2025
Net result
€202k▲ 47.3%
2024 · €137k
2019: €44k
2020: €139k
2021: €109k
2022: €192k
2023: €130k
2024: €137k
2019 → 2025
Working capital
€-15k▲ 44.9%
2024 · €-27k
2019: €-347k
2020: €-313k
2021: €-185k
2022: €-64k
2023: €-52k
2024: €-27k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€493k▲ 63.8%€624k▲ 26.4%€760k▲ 21.9%€362k▼ 52.4%
Operating result€165k-€271k▲ 64.8%€193k▼ 28.8%€208k▲ 7.9%€312k▲ 49.8%
Net result€109k-€192k▲ 76.7%€130k▼ 32.3%€137k▲ 5.2%€202k▲ 47.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.57M
Fixed assets
€1.40M▲ 11.2%
Current assets
€168k▲ 19.6%
Equity and liabilities €1.57M
Equity
€362k▼ 52.4%
Debt
€1.21M▲ 88.7%
The debt ratio rises from 45.7% to 76.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€342k▲
2024 · €218k
Cash flow
€232k▲
2024 · €147k
Solvency
23.1%▼
2024 · 54.3%
Current ratio
0.92▲
2024 · 0.84
Quick ratio
0.92▲
2024 · 0.84
Debt / equity
3.34▲
2024 · 0.84
ROE
55.7%▲
2024 · 18.0%
ROA
12.8%▲
2024 · 9.8%
Interest coverage
8.43▼
2024 · 9.26
Debt
€1.21M▲
2024 · €640k
Debt ≤ 1 year
€183k▲
2024 · €168k
Debt > 1 year
€987k▲
2024 · €471k
Income taxes
€70k▲
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.40M€1.57M▲
Fixed assets21/28€1.26M€1.40M▲
Tangible fixed assets22/27€85k€226k▲
Land and buildings22€71k€219k▲
Furniture and vehicles24€13k€7k▼
Financial fixed assets28€1.18M€1.18M=
Current assets29/58€141k€168k▲
Amounts receivable within one year40/41€24k€107k▲
Trade receivables40€0€103k▲
Other amounts receivable41€24k€4k▼
Cash at bank and in hand54/58€113k€57k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.40M€1.57M▲
Equity10/15€760k€362k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Tax-exempt reserves132€366€366=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€740k€341k▼
Amounts payable17/49€640k€1.21M▲
Amounts payable after more than one year17€471k€987k▲
Financial debts170/4€471k€987k▲
Amounts payable within one year42/48€168k€183k▲
Current portion of amounts payable after more than one year42€117k€123k▲
Trade debts44€598€691▲
Suppliers440/4€598€691▲
Advances received on contracts in progress46€399€1k▲
Taxes, remuneration and social security45€25k€37k▲
Taxes450/3€25k€37k▲
Other amounts payable47/48€24k€22k▼
Accrued charges and deferred income492/3€2k€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€30k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€219k€344k▲
Operating profit (loss)9901€208k€312k▲
Financial income75/76B€3€2▼
Recurring financial income75€3€2▼
Financial charges65/66B€24k€41k▲
Recurring financial charges65€24k€41k▲
Profit (loss) for the period before taxes9903€185k€271k▲
Income taxes67/77€48k€70k▲
Profit (loss) for the period9904€137k€202k▲
Profit (loss) for the period to be appropriated9905€137k€202k▲
Appropriation of the result
Profit (loss) to be appropriated9906€740k€941k▲
Profit (loss) brought forward from the previous period14P€603k€740k▲
Profit to be distributed694/7-€600k
Return on contributions (dividend)694-€600k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2019net €202k ▲47.3%
Operating result €312k, net result €202k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Equity above €500kEq €624k ▲26.4%
5 profitable years in a row build equity to €624k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Equity above €200kEq €301k ▲61.7%
3 profitable years in a row build equity to €301k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €186k ▲292%
2 profitable years in a row build equity to €186k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schaarbeek · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Prinses Elisabethlaan 861030 SchaarbeekGround area
639 m²
Building footprint
217 m²
Volume, LiDAR
2,859 m³
2 parcels, Brussels · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MDV MANAGEMENT
since 20182.278.859.206
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21015A0482/02K003 | Brussels | 461 m² | 1 · 131 m² | 18.7 m · 5 fl. |
| 21906D0248/00W005 | Brussels | 178 m² | 1 · 87 m² | 19.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
MONKEY BRIDGE
BE 0650.786.955
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IMMO-WEP
BE 0509.962.850
Anderlecht · Eq €362k
PHOS
BE 0578.844.629
Sprimont · Eq €362k
EDER
BE 0759.821.091
Kalmthout · Eq €362k
RIF
BE 0437.878.982
Gent · Eq €362k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 36,880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:maxime.mdvmanagement@gmail.com