MDX CONSULTING
ActiveMDX CONSULTING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €43k. Equity is shrinking by ~18.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 25% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▼-1
Solvency51▲+25
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.01 in 2024; short-term debt: 73.9% and cash: 87.3% of total assets), and 73.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
26.1%
Return on assets
24.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17007 sector peers (2025).
NBB · sector comparisonPosition among 17007 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 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 · 5 filingsDeviation from the deadline
2025
16 d late
2024
19 d late
2023
23 d late
2022
21 d late
2021
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▲ 1,434%
2024 · €3k
2021: €109k
2022: €119k
2023: €147k
2024: €3k
2021 → 2025
Total assets
€177k▼ 20.4%
2024 · €222k
2021: €128k
2022: €202k
2023: €182k
2024: €222k
2021 → 2025
Net result
€43k▼ 34.6%
2024 · €66k
2021: €106k
2022: €10k
2023: €28k
2024: €66k
2021 → 2025
Working capital
€46k▲ 1,564%
2024 · €3k
2021: €109k
2022: €119k
2023: €146k
2024: €3k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€119k▲ 8.8%€147k▲ 23.4%€3k▼ 98.0%€46k▲ 1,434%
Operating result€106k-€40k▼ 61.9%€36k▼ 11.8%€83k▲ 133%€56k▼ 33.1%
Net result€106k-€10k▼ 91.0%€28k▲ 191%€66k▲ 136%€43k▼ 34.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€17▼ 92.6%
Current assets
€176k▼ 20.3%
Equity and liabilities €177k
Equity
€46k▲ 1,434%
Debt
€130k▼ 40.4%
The debt ratio falls from 98.6% to 73.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €84k
Cash flow
€43k▼
2024 · €66k
Solvency
26.1%▲
2024 · 1.4%
Current ratio
1.35▲
2024 · 1.01
Quick ratio
1.35▲
2024 · 1.01
Debt / equity
2.83▼
2024 · 72.92
ROE
93.5%
ROA
24.4%▼
2024 · 29.7%
Interest coverage
497.55▼
2024 · 676.25
Debt
€130k▼
2024 · €219k
Debt ≤ 1 year
€130k▼
2024 · €219k
Income taxes
€13k▼
2024 · €19k
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€222k€177k▼
Fixed assets21/28€234€17▼
Tangible fixed assets22/27€234€17▼
Furniture and vehicles24€234€17▼
Current assets29/58€222k€176k▼
Amounts receivable within one year40/41€57k€22k▼
Trade receivables40€15k€22k▲
Other amounts receivable41€43k-
Cash at bank and in hand54/58€164k€154k▼
Deferred charges and accrued income490/1€89-
Equity and liabilities
Total equity and liabilities10/49€222k€177k▼
Equity10/15€3k€46k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14-€43k
Amounts payable17/49€219k€130k▼
Amounts payable within one year42/48€219k€130k▼
Trade debts44€685€1k▲
Suppliers440/4€685€1k▲
Taxes, remuneration and social security45€9k€7k▼
Taxes450/3€9k€4k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€210k€122k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€217€217=
Other operating charges640/8€3k€3k▼
Gross operating margin9900€87k€59k▼
Operating profit (loss)9901€83k€56k▼
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€124€113▼
Recurring financial charges65€124€113▼
Profit (loss) for the period before taxes9903€84k€56k▼
Income taxes67/77€19k€13k▼
Profit (loss) for the period9904€66k€43k▼
Profit (loss) for the period to be appropriated9905€66k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€210k€43k▼
Profit (loss) brought forward from the previous period14P€144k-
Profit to be distributed694/7€210k-
Return on contributions (dividend)694€210k-
The notes to these accounts (4 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
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-06
Financial
Liquidity doublescurrent ratio 5.10
Current ratio from 2.42 to 5.10; short-term debt falls from €84k to €36k.
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
30-06
Financial
Weakest financial yearnet €10k ▼91%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Etterbeek · 1 establishment unit since 2020
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.
Oudergemlaan 761040 EtterbeekGround area
205 m²
Building footprint
99 m²
Volume, LiDAR
1,422 m³
Parcel 21005A0420/00Y007, Brussels · tallest building 23.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MDX CONSULTING
since 20202.303.304.095
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0420/00Y007 | Brussels | 205 m² | 1 · 99 m² | 23.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
Syntacted
BE 0746.521.007
Beerse · Eq €46k
Y.E.M. SOLUTIONS
BE 1018.946.891
Zemst · Eq €46k
APPLIED LEAN IT
BE 1023.147.288
Overijse · Eq €46k
Ekaru AI BE
BE 1024.411.456
Brussel · Eq €46k
NiMoRo
BE 1005.515.856
Wezembeek-Oppem · Eq €46k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2020
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.