MICROELECTRONICS DESIGN CONTRACTING
ActiveSummary
MICROELECTRONICS DESIGN CONTRACTING has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76,204 and a net result of -€15,295. Equity is shrinking by ~11% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
cash: 4.6% of total assets, and 0% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€15,295
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-08-2026, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
123 d late
2024
90 d late
2023
69 d early
2022
58 d early
2021
61 d early
2020
63 d early
2019
86 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 March (4 of the last 5 filed years within 148 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€76,204▼ 16.7%
2024 · €91,499
Total assets
€76,204▼ 16.7%
2024 · €91,499
Net result
-€15,295▲ 8.9%
2024 · -€16,781
Working capital
€52,518▼ 10.7%
2021 · €58,836
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
Line20212022202320242025
Operating result-€14,407▲ 11.5%-€10,149▲ 29.5%-€21,802▼ 115%-€17,646▲ 19.1%-€16,155▲ 8.4%
Net result-€13,968▲ 17.1%-€6,318▲ 54.8%-€21,239▼ 236%-€16,781▲ 21.0%-€15,295▲ 8.9%
Equity€135,836▼ 9.3%€129,518▼ 4.7%€108,279▼ 16.4%€91,499▼ 15.5%€76,204▼ 16.7%
Total assets€137,049▼ 9.2%€129,583▼ 5.4%€108,279▼ 16.4%€91,499▼ 15.5%€76,204▼ 16.7%
Debt€1,213=€65▼ 94.6%
Working capital€58,836▼ 10.6%€52,518▼ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16,155 in 2025 against €17,646 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,204
Fixed assets
€61,657 ▼ 2.1%
Current assets
€14,547 ▼ 49.0%
Key figures and ratios
EBITDA
-€8,995▲
2024 · -€10,646
Cash flow
-€8,135▲
2024 · -€9,781
Solvency
100.0%=
2024 · 100.0%
ROE
-20.1%▼
2024 · -18.3%
ROA
-20.1%▼
2024 · -18.3%
Interest coverage
-382.78▼
2024 · -272.96
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,836 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,000 | - | €7,000 | €7,000 | €7,160 | ▲ 2.3% |
| Other operating charges640/8 | - | €2,106 | €2,667 | €2,940 | €2,759 | ▼ 6.2% |
| Gross operating margin9900 | -€4,035 | -€8,044 | -€12,135 | -€7,706 | -€6,237 | ▲ 19.1% |
| Operating profit (loss)9901 | -€14,407 | -€10,149 | -€21,802 | -€17,646 | -€16,155 | ▲ 8.4% |
| Financial income75/76B | - | €3,894 | €1,221 | €904 | €884 | ▼ 2.2% |
| Recurring financial income75 | €788 | €3,894 | €1,221 | €904 | €884 | ▼ 2.2% |
| Financial charges65/66B | - | €188 | €658 | €39 | €24 | ▼ 39.7% |
| Recurring financial charges65 | €224 | €188 | €658 | €39 | €24 | ▼ 39.7% |
| Profit (loss) for the period before taxes9903 | -€13,842 | -€6,444 | -€21,239 | -€16,781 | -€15,295 | ▲ 8.9% |
| Income taxes67/77 | €126 | -€126 | - | - | - | - |
| Profit (loss) for the period9904 | -€13,968 | -€6,318 | -€21,239 | -€16,781 | -€15,295 | ▲ 8.9% |
| Profit (loss) for the period to be appropriated9905 | -€13,968 | -€6,318 | -€21,239 | -€16,781 | -€15,295 | ▲ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,049 | €129,583 | €108,279 | €91,499 | €76,204 | ▼ 16.7% |
| Fixed assets21/28 | €77,000 | €77,000 | €70,000 | €63,000 | €61,657 | ▼ 2.1% |
| Tangible fixed assets22/27 | €77,000 | €77,000 | €70,000 | €63,000 | €61,657 | ▼ 2.1% |
| Land and buildings22 | - | €77,000 | €70,000 | €63,000 | €61,657 | ▼ 2.1% |
| Current assets29/58 | €60,049 | €52,583 | €38,279 | €28,499 | €14,547 | ▼ 49.0% |
| Amounts receivable within one year40/41 | €7,631 | €5,146 | €5,134 | €5,619 | €6,279 | ▲ 11.7% |
| Other amounts receivable41 | - | €5,146 | €5,134 | €5,619 | €6,279 | ▲ 11.7% |
| Current investments50/53 | €39,179 | €39,179 | €21,346 | €21,346 | €4,737 | ▼ 77.8% |
| Cash at bank and in hand54/58 | €13,238 | €8,258 | €11,800 | €1,534 | €3,531 | ▲ 130% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,049 | €129,583 | €108,279 | €91,499 | €76,204 | ▼ 16.7% |
| Equity10/15 | €135,836 | €129,518 | €108,279 | €91,499 | €76,204 | ▼ 16.7% |
| Contributions10/11 | - | €6,205 | €6,205 | €6,205 | €6,205 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €127,771 | €121,453 | €100,214 | €83,433 | €68,139 | ▼ 18.3% |
| Amounts payable17/49 | €1,213 | €65 | - | - | - | - |
| Amounts payable within one year42/48 | €1,213 | €65 | - | - | - | - |
| Trade debts44 | €1,213 | €65 | - | - | - | - |
| Suppliers440/4 | - | €65 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,968 | -€6,318 | -€21,239 | -€16,781 | -€15,295 | ▲ 8.9% |
| + Depreciation and write-downs630 | €7,000 | - | €7,000 | €7,000 | €7,160 | ▲ 2.3% |
| Operating cash flow (approximation) | -€6,968 | -€6,318 | -€14,239 | -€9,781 | -€8,135 | ▲ 16.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€5,817 | - |
| Change in cash | - | -€4,980 | €3,542 | -€10,266 | €1,997 | ▲ 119% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 123 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet -€21,239
Net result drops to -€21,239, the lowest in the series; recovery starts the following year.
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 16current ratio 808.60
Current ratio from 49.52 to 808.60; short-term debt falls from €1,213 to €65.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity quadruplescurrent ratio 55.27
Current ratio from 13.01 to 55.27; short-term debt falls from €6,300 to €1,213.
04-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2010
21-01
State Gazette act
Board meeting · General meeting
Capital increase · Capital · Isabelle Mostaert
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Tongeren-Borgloon · 1 establishment unit since 1999
Ground area
2,569 m²
Building footprint
274 m²
Volume, LiDAR
1,355 m³
Parcel 73094B0523/00G000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MDC
since 19992.090.398.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73094B0523/00G000 | Flanders | 2,569 m² | 1 · 274 m² | 9.0 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600MLKY5SIV5TEM44
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-03-1999
Fiscal year end30-09
Abbreviation NL
M.D.C.
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465410354
Also
9925:BE0465410354
Registered
15-03-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.