MDZ Consulting
ActiveMDZ Consulting has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €13k. Equity is growing by ~49.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 13071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
74
/ 100
Healthy▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-52
Solvency76▼-5
Growth78=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.43 in 2024), and 55.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
44.4%
Return on assets
4.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
12 d late
2023
28 d late
2022
16 d late
2021
31 d late
2020
25 d early
2019
on the day
← 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
€140k▲ 9.2%
2024 · €128k
2019: €-95k
2020: €-96k
2021: €-45k
2022: €32k
2023: €87k
2024: €128k
2019 → 2025
Total assets
€316k▲ 18.4%
2024 · €267k
2019: €15k
2020: €6k
2021: €172k
2022: €220k
2023: €261k
2024: €267k
2019 → 2025
Net result
€13k▼ 68.5%
2024 · €43k
2019: €-10k
2020: €-2k
2021: €51k
2022: €36k
2023: €57k
2024: €43k
2019 → 2025
Working capital
€46k▲ 16.2%
2024 · €39k
2019: €-83k
2020: €-84k
2021: €-68k
2022: €-43k
2023: €-12k
2024: €39k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-45k-€32k€87k▲ 170%€128k▲ 46.8%€140k▲ 9.2%
Operating result€52k-€40k▼ 22.4%€70k▲ 75.3%€63k▼ 10.4%€23k▼ 63.9%
Net result€51k-€36k▼ 28.4%€57k▲ 55.9%€43k▼ 24.9%€13k▼ 68.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 64% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €316k
Fixed assets
€153k▲ 12.5%
Current assets
€163k▲ 24.5%
Equity and liabilities €316k
Equity
€140k▲ 9.2%
Debt
€176k▲ 27.0%
The debt ratio rises from 51.8% to 55.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€61k▼
2024 · €102k
Cash flow
€52k▼
2024 · €82k
Solvency
44.4%▼
2024 · 48.2%
Current ratio
1.39▼
2024 · 1.43
Quick ratio
1.30▼
2024 · 1.34
Debt / equity
1.25▲
2024 · 1.08
ROE
9.6%▼
2024 · 33.2%
ROA
4.3%▼
2024 · 16.0%
Interest coverage
16.70▼
2024 · 49.22
Debt
€176k▲
2024 · €138k
Debt ≤ 1 year
€118k▲
2024 · €92k
Debt > 1 year
€57k▲
2024 · €46k
Income taxes
€6k▼
2024 · €19k
Staff costs
€112k▼
2024 · €143k
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€267k€316k▲
Fixed assets21/28€136k€153k▲
Intangible fixed assets21€47k€35k▼
Tangible fixed assets22/27€89k€117k▲
Plant, machinery and equipment23€40k€26k▼
Furniture and vehicles24€6k€9k▲
Other tangible fixed assets26€42k€82k▲
Financial fixed assets28€0-
Current assets29/58€131k€163k▲
Stocks and contracts in progress3€8k€10k▲
Stocks30/36€8k€10k▲
Amounts receivable within one year40/41€33k€41k▲
Trade receivables40€26k€16k▼
Other amounts receivable41€6k€25k▲
Cash at bank and in hand54/58€85k€113k▲
Deferred charges and accrued income490/1€6k€0▼
Equity and liabilities
Total equity and liabilities10/49€267k€316k▲
Equity10/15€128k€140k▲
Contributions10/11€60k€60k=
Reserves13€68k€80k▲
Distributable reserves133€68k€80k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€138k€176k▲
Amounts payable after more than one year17€46k€57k▲
Financial debts170/4€46k€57k▲
Amounts payable within one year42/48€92k€118k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€11k€59k▲
Suppliers440/4€11k€59k▲
Advances received on contracts in progress46€22k€0▼
Taxes, remuneration and social security45€39k€34k▼
Taxes450/3€27k€21k▼
Remuneration and social security454/9€12k€14k▲
Other amounts payable47/48€12k€9k▼
Accrued charges and deferred income492/3€400€600▲
Income statement
Code20242025
Remuneration, social security and pensions62€143k€112k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€38k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€251k€180k▼
Operating profit (loss)9901€63k€23k▼
Financial income75/76B€491€586▲
Recurring financial income75€491€586▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€62k€20k▼
Income taxes67/77€19k€6k▼
Profit (loss) for the period9904€43k€13k▼
Profit (loss) for the period to be appropriated9905€43k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€13k▼
Profit (loss) brought forward from the previous period14P€-28k€0▲
Transfer to equity691/2€13k€12k▼
To other reserves6921€13k€12k▼
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (13 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Equity above €100kEq €128k ▲46.8%
4 profitable years in a row build equity to €128k.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2019net €57k ▲55.9%
Operating result €70k, net result €57k, both a record.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after 2 loss-making years.
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Stekene · 1 establishment unit since 2022
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.
Kwakkelstraat(STE) 59A9190 StekeneGround area
2,748 m²
Building footprint
452 m²
Volume, LiDAR
2,597 m³
2 parcels, Flanders · tallest building 14.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bar Woodz
since 20222.329.819.145
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46024A0780/00E000 | Flanders | 1,939 m² | 1 · 333 m² | 14.8 m · 1 fl. |
| 46011A0230/00P000 | Flanders | 809 m² | 1 · 118 m² | 10.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,137 EUR awarded · 3,137 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 317 EUR | 317 EUR |
| 2024 | 1 | 2,820 EUR | 2,820 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteStekene2.329.819.145
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IAFARA
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MALUKA
BE 0447.739.132
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Woest
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Gent · Eq €140k
VERDAIN
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Destelbergen · Eq €140k
Of 20,231 companies in sector 56111 we hold annual accounts for 11,313. 9,056 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2015
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
68310Real estate agency activities
68311Real estate activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.