Equity
-€4,471
Debts exceed assets in financial year 2025.
MKDK
Lifetime
16 annual accounts with figures on one time axispeak €62,413 (2012)
€12,846▼ 75.2%
lowest -€22,690 (2016)
-€15,419▼ €38,648
peak €30,235 (2015)
-€4,471▼ €16,976
€127,608▼ 11.8%
peak 0.3 FTE (2011)
-not published
Board1 name since 2021
1 director
Owners2 names in the annual accounts
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €51,710 to €12,846Loss of €15,419Equity from €12,505 to -€4,471Cash from €2,816 to €3,735
Key points
from the 2025 annual accountsTurnover
≈ €87,000 estimated
The micro format states no turnover.
Debts
€127,608 104% of the balance sheet
Financial debts 84%Suppliers 2%Taxes and wages 1%Other 13%
Of this, €20,412 falls due within a year.
Liquidity
0.54 was 1.01 in 2024
Short-term debts fell from €20,706 to €20,412.
Filings
16 annual accounts since 2010
Four of the last ten came late. The 2024 accounts came latest: 36 days after the end of the period.
Position in the sector
-€4,471
Less equity than 91% of companies in fabricated metal products. Sector median €72,830 · 2,346 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,908 companies had the same profile as MKDK has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,908 companies, not a prediction for MKDK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Change of role: , from manager to director
Gazette deed
Incorporation
published on 11-08-2009 · Gazette deed
First establishment
MKDK SRL, Fossebaan 117, Ternat
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MKDK Ternat | €123,137 | €12,846 | -3.6% | - |
| ENERGYWISE Hoegaarden | €180,136 | €12,371 | -36.1% | - |
| Metaalconstructies Koen Zwaenepoel Gistel | €104,940 | €17,568 | 27.2% | - |
| KAREX-SERVICE Deerlijk | €178,001 | €13,020 | 55.2% | - |
| Inox & Steel Creations Simons Hechtel-Eksel | €82,670 | €10,609 | 4.6% | - |
| GEYS METAAL- EN SMEEDWERKEN Lommel | €121,444 | €20,335 | 90.0% | - |
| PDP Construct Wetteren | €143,034 | €21,385 | 95.9% | - |
These companies have the same main activity as MKDK: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €82,700 and €180,000, founded between 2006 and 2011.
Official details
Source: KBO- Status
- Active since 15-07-2009Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 4 others
- Establishment unit
- 2.180.542.4791741 Ternat, since 15-07-2009
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MKDK
MKDK files the micro format. That format states no turnover. The gross margin rose from €10,997 in 2010 to €12,846 in 2025.
The balance sheet grew most from 2011 to 2013 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MKDK
- What is the company number of MKDK?
- The company number of MKDK is 0817.396.828. The VAT number is the same number with BE in front: BE 0817.396.828.
- Where is MKDK based?
- The registered office is at Fossebaan 117, 1741 Ternat.Company details
- What does MKDK do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of MKDK?
- MKDK is a private limited company (BV).
- When was MKDK founded?
- MKDK was founded on 15-07-2009.
- Is MKDK still active?
- Yes, MKDK is an active enterprise in the KBO register.
- What is the turnover of MKDK?
- The turnover in financial year 2025 is ≈ €87,000. This figure is estimated from the gross margin of €12,846 and 35 comparable companies (NACE 25). It probably lies between €37,000 and €170,000. It is a rough estimate.Financials
- Is MKDK profitable?
- In financial year 2025, MKDK made a loss of €15,419.
- Where can I find the annual accounts of MKDK?
- MKDK filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MKDK due?
- MKDK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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