Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MWDD is 0.5% (very low). The 2025 annual accounts show equity of €2.17M and a net result of €268k. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 20-05-2026 | 72 d early | 2026-00115489 |
| 31-12-2024 | 31-07-2025 | 20-05-2025 | 72 d early | 2025-00099444 |
| 31-12-2023 | 31-07-2024 | 11-07-2024 | 20 d early | 2024-00234901 |
| 31-12-2022 | 31-07-2023 | 29-08-2023 | 29 d late | 2023-00364749 |
| 31-12-2021 | 31-07-2022 | 18-05-2022 | 74 d early | 2022-20028484 |
| 31-12-2020 | 31-07-2021 | 31-07-2021 | on the day | 2021-43900530 |
| 31-12-2019 | 31-07-2020 | 09-09-2020 | 40 d late | 2020-51500057 |
| 31-12-2018 | 31-07-2019 | 01-08-2019 | 1 d late | 2019-43800116 |
| 31-12-2017 | 31-07-2018 | 30-07-2018 | 1 d early | 2018-40600449 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Annual accounts & ratios
Source: NBB · 2025| Fiscal year | 2025 |
|---|---|
| Deposit | ander |
| Revenue | €13.27M |
| EBITDA | €419k |
| Net profit | €268k |
| Cash flow | €295k |
| Staff costs | €773k |
| Income taxes | €117k |
| Dividends | - |
| Total assets | €6.93M |
| Equity | €2.17M |
| Debt | €4.76M |
| of which ≤ 1y | €4.50M |
| of which > 1y | €240k |
| Working capital | €2.00M |
| Employees (FTE) | 8.3 |
| 2025 | |
|---|---|
| Current ratio | 1.44 |
| Quick ratio | 0.84 |
| Working capital ratio | 28.8% |
| Solvency | 31.3% |
| Debt / equity | 2.20 |
| Long-term debt ratio | 0.11 |
| Interest coverage | 9.95 |
| Gross margin | 35.5% |
| Net margin | 2.0% |
| ROA | 3.9% |
| ROE | 12.3% |
| EBITDA margin | 3.2% |
| Days sales outstanding | 88d |
| Days payable outstanding | 180d |
| Inventory turnover | 3.17 |
| Days inventory (DSI) | 115d |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.93M |
| Fixed assets | 21/28 | €440k |
| Tangible fixed assets | 22/27 | €104k |
| Financial fixed assets | 28 | €336k |
| Current assets | 29/58 | €6.49M |
| Stocks & contracts in progress | 3 | €2.70M |
| Amounts receivable within one year | 40/41 | €3.25M |
| Investments | 50/53 | €259k |
| Cash & bank | 54/58 | €196k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.93M |
| Equity | 10/15 | €2.17M |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2.16M |
| Amounts payable | 17/49 | €4.76M |
| Amounts payable after one year | 17 | €240k |
| Amounts payable within one year | 42/48 | €4.50M |
| Trade debts payable within one year | 44 | €4.22M |
| Income statement | ||
| Turnover | 70 | €13.27M |
| Operating result | 9901 | €393k |
| Financial income | 75 | €46k |
| Financial charges | 65 | €54k |
| Result before taxes | 9903 | €385k |
| Income taxes | 67/77 | €117k |
| Net result for the period | 9904 | €268k |
| Result to be appropriated | 9905 | €268k |
Health barometer
FY 2025 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1538/00F000 | Brussels | 281 m² | 1 · 364 m² | 22.4 m · 5 fl. |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
1 act19-12-2024 BST Réviseurs d'Entreprises appointed as statutory auditor
- BST Réviseurs d'Entreprises, Commissaris
Analysis
Financial profile
4 of 5 axes measuredStrong profile, led by stability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | MWDD |