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MOND Waregem

Active Private limited companyfounded 2021active for 4 yearsZuiderlaan 11, 8790 WaregemKBO/BCE: BE 0779.535.847 subsidiary of Dentco
Part of the group EDG België Holding 18 companies
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Lifetime

4 annual accounts with figures on one time axis
peak €639,256 (2025)
€639,256▲ 42.9%
lowest -€83,796 (2022)
€200,381▲ 169%
peak €256,793 (2025)
€256,793▲ 355%
€798,060▼ 25.9%
peak 4.2 FTE (2025)
4.2 FTE▲ 40.0%
Board3 names since 2021
3 directorsDentco and 2 others
Owners2 names in the annual accounts
Documentsfilings and deeds
21-09-202652 days late
2025abbreviated format
Gross margin from €447,237 to €639,256Result from €74,597 to €200,381Staff from 3 FTE to 4.2 FTEEquity from €56,412 to €256,793Debts from €1.1m to €798,060

Key points

from the 2025 annual accounts

Result

€200,381 ▲ 169%
€74,6002024€200,0002025

The result rose in 2025 from €74,597 to €200,381.

Turnover

≈ €1.2m estimated

The abbreviated format states no turnover.

Debts

€798,060 76% of the balance sheet
Financial debts 74%Suppliers 15%Taxes and wages 6%Other 5%

Of this, €208,113 falls due within a year.

Investments

€18,293 0.1 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

5 employees on 31-12-2025
2220221513202317182024642025

In 2025, 6 people joined and 4 left.

Filings

4 annual accounts 2 late
AprilJune31 JulyOctober2022202320242025

The 2025 accounts came latest: 52 days after the end of the period.

Checked score

94
Excellent
Financially stronger than 56% of micro companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 24,185 companies (NACE 86, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

49+19equity 24.3% of total assets
72+1short-term debt 19.7% · cash 22.6%
92+23return on assets 19.0%

Score breakdown

raises risk
Last filed accounts filed 52 days late; 1 of the last 3 accounts late
lowers risk
Sector: Human health activities (NACE 86)
Liquidity: current ratio 1.35, cash €238,642
Figures for financial year 2025 (filed on 21-09-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro). It does better than 23% of them on solvency, 53% on liquidity, 50% on profitability and 97% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 7,976 companies had the same profile as MOND Waregem has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MOND Waregem itself is lower: 0.1% within 12 months. It rests on far more data about MOND Waregem than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,976 companies, not a prediction for MOND Waregem. 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

Credit of up to €24,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.35 (1.5 in 2024), below the usual 1.5. Short-term debt is 19.7% and cash 22.6% of total assets. 75.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · Last filed accounts filed 52 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.35, cash €238,642
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 21-09-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 3053 sector peers (2025).
NBB · sector comparison
Position among 3053 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 52 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
52 days late
2024
13 days early
2023
28 days late
2022
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 14 days after the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

D
Managing director, MATTHYS Hans Leonce Leonie
D
Director, Tommie Van de Velde, since 28-01-2022
TA
Tandarts Alexander Declerck CommV
Director, since 28-01-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0779535847
New class A director Dentco BV appointed, Dentco BV resigned · Permanent representatives: Tommie Van de Velde and Liesbet Cabooter · General meeting of 15-05-2023 · Gazette deed
Registered office moved to Waregem New registered office: Zuiderlaan 11 bus 12, 8790 Waregem · Board meeting of 05-05-2022 · Gazette deed
2 directors appointed Dentco BV and Tandarts Alexander Declerck CommV · Permanent representatives: Tommie Van de Velde and Alexander Declerck · General meeting of 28-01-2022 · Gazette deed
All 13 events

Comparable companies

same main activity, similar in size and age
Company
MOND Waregem Waregem €1.1m €639,256 24.3% 4.2
BB536 Brasschaat €1.0m €577,040 26.6% 4.9
Smile Dental Clinic Antwerp €1.2m €782,780 53.2% 4.6
Kordent Kortrijk €0.7m €781,387 10.6% 5.8
TANDARTSENPRAKTIJK CLINIDENTA Bree €1.2m €632,403 83.1% 3.3
BALI MAXILLO WAVRE Wavre €1.6m €580,800 34.6% 3.6
CABINET DENTAIRE DE L'ETOILE Ixelles €1.2m €553,485 27.1% 4.9

These companies have the same main activity as MOND Waregem: dental practice (NACE 86230). They are comparable in size and age: total assets between €723,000 and €1.6m, founded between 2019 and 2022.

Official details

Source: KBO
Status
Active since 29-12-2021Normal situation
Activity
Dental practiceNACE 86230and 1 other
Joint committee
328.02Urban and regional transport · annual accounts 2022
Establishment unit
2.328.810.0488790 Waregem, since 14-03-2022
Financial year end
31 December
Peppol
Reachable since 24-11-2025
Company details

Annual accounts 2025

€1.1m▼ 6.9%
Employeeson 31-12-2025
5▲ 66.7%
Filing
Filed on 21-09-2026
Financials

Companies linked to MOND Waregem

Insights on MOND Waregem

MOND Waregem files the abbreviated format. That format states no turnover. The gross margin rose from €135,506 in 2022 to €639,256 in 2025.

Dentco holds 70% of the shares. In January 2022, the Official Gazette published the appointment of DENTOMAT as managing director.

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 MOND Waregem

What is the company number of MOND Waregem?
The company number of MOND Waregem is 0779.535.847. The VAT number is the same number with BE in front: BE 0779.535.847.
Where is MOND Waregem based?
The registered office is at Zuiderlaan 11, 8790 Waregem.Company details
What does MOND Waregem do?
According to the KBO register, the main activity is dental practice (NACE 86230).
What is the legal form of MOND Waregem?
MOND Waregem is a private limited company (BV).
When was MOND Waregem founded?
MOND Waregem was founded on 29-12-2021.
Is MOND Waregem still active?
Yes, MOND Waregem is an active enterprise in the KBO register.
How many employees does MOND Waregem have?
MOND Waregem had an average of 4.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MOND Waregem fall under?
In its 2022 annual accounts, MOND Waregem states joint committee 328.02 (Urban and regional transport).
What is the turnover of MOND Waregem?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €639,256 and 41 comparable companies (NACE 862). It probably lies between €830,000 and €2.0m.
Is MOND Waregem profitable?
In financial year 2025, MOND Waregem made a profit of €200,381.
Where can I find the annual accounts of MOND Waregem?
MOND Waregem filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MOND Waregem due?
MOND Waregem must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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