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MYDO

Active
Private limited companyfounded 1999active for 27 yearsJean Volderslaan 6, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0466.175.268

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 06-07-2026 at the NBB all 19 filings

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€3,090▼ 369%
2024 · -€659
Working capital
€199,931▼ 1.5%
2024 · €203,021
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€4,612
2025
20242025
Net result
-€3,090
▼ 369% 2025
lowest quarter of the sector
20242025
Equity
€199,931
▼ 1.5% 2025
middle half of the sector
20242025
Total assets
€205,981
▼ 2.1% 2025
lowest quarter of the sector
20242025
Debt
€6,050
▼ 17.7% 2025
20242025
Working capital
€199,931
▼ 1.5% 2025
middle half of the sector
20242025
Solvency
97.1%
▲ 0.6pp 2025
highest quarter of the sector
20242025
Current ratio
34.05
▲ 5.42 2025
highest quarter of the sector
20242025
Return on assets (ROA)
-1.5%
▼ 1.2pp 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€1,621--€4,612
Net result-€659within the sector's middle half--€3,090below the sector's middle half▼ 369%
Equity€203,021within the sector's middle half-€199,931within the sector's middle half▼ 1.5%
Total assets€210,371below the sector's middle half-€205,981below the sector's middle half▼ 2.1%
Debt€7,350-€6,050▼ 17.7%
Working capital€203,021within the sector's middle half-€199,931within the sector's middle half▼ 1.5%
Solvency96.5%above the sector's middle half-97.1%above the sector's middle half▲ 0.6pp
Current ratio28.62above the sector's middle half-34.05above the sector's middle half▲ 5.42
Return on assets (ROA)-0.3%below the sector's middle half--1.5%below the sector's middle half▼ 1.2pp
above within below The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €4,612, after a profit of €1,621 in 2024.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €205,981
Equity €199,931 ▼ 1.5%
Debt €6,050 ▼ 17.7%
Debt's share of the balance-sheet total falls from 3.5% to 2.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Quick ratio
31.82▲
2024 · 27.47
Debt to equity
0.03▼
2024 · 0.04
ROE
-1.5%▼
2024 · -0.3%
Debt ≤ 1 year
€6,050▼
2024 · €7,350
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€210,371€205,981▼
Current assets29/58€210,371€205,981▼
Amounts receivable after more than one year29€150,000€150,000=
Other amounts receivable291€150,000€150,000=
Stocks and contracts in progress3€8,475€13,475▲
Stocks30/36€8,475€13,475▲
Amounts receivable within one year40/41€38,476€27,442▼
Trade receivables40€442€2,787▲
Other amounts receivable41€38,033€24,654▼
Cash at bank and in hand54/58€13,420€15,064▲
Equity and liabilities
Total equity and liabilities10/49€210,371€205,981▼
Equity10/15€203,021€199,931▼
Contributions10/11€1,239€1,239=
Contributions outside capital11€1,239€1,239=
Share premium1100/10€1,239€1,239=
Reserves13€14,000€14,000=
Distributable reserves133€14,000€14,000=
Profit (loss) carried forward14€187,781€184,691▼
Amounts payable17/49€7,350€6,050▼
Amounts payable within one year42/48€7,350€6,050▼
Trade debts44€6,185€6,050▼
Suppliers440/4€6,185€6,050▼
Taxes, remuneration and social security45€1,165-
Taxes450/3€1,165-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€876-
Other operating charges640/8€803€548▼
Gross operating margin9900€3,299-€4,063▼
Operating profit (loss)9901€1,621-€4,612▼
Financial income75/76B€2,426€1,622▼
Recurring financial income75€2,426€1,622▼
Financial charges65/66B€146€101▼
Recurring financial charges65€146€101▼
Profit (loss) for the period before taxes9903€3,901-€3,090▼
Income taxes67/77€4,560-
Profit (loss) for the period9904-€659-€3,090▼
Profit (loss) for the period to be appropriated9905-€659-€3,090▼
Appropriation of the result
Profit (loss) to be appropriated9906€187,781€184,691▼
Profit (loss) brought forward from the previous period14P€188,440€187,781▼

The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€876--
Other operating charges640/8€803€548▼ 31.7%
Gross operating margin9900€3,299-€4,063-
Operating profit (loss)9901€1,621-€4,612-
Financial income75/76B€2,426€1,622▼ 33.1%
Recurring financial income75€2,426€1,622▼ 33.1%
Financial charges65/66B€146€101▼ 31.0%
Recurring financial charges65€146€101▼ 31.0%
Profit (loss) for the period before taxes9903€3,901-€3,090-
Income taxes67/77€4,560--
Profit (loss) for the period9904-€659-€3,090▼ 369%
Profit (loss) for the period to be appropriated9905-€659-€3,090▼ 369%
Line20242025Change
Assets
Total assets20/58€210,371€205,981▼ 2.1%
Current assets29/58€210,371€205,981▼ 2.1%
Amounts receivable after more than one year29€150,000€150,000=
Other amounts receivable291€150,000€150,000=
Stocks and contracts in progress3€8,475€13,475▲ 59.0%
Stocks30/36€8,475€13,475▲ 59.0%
Amounts receivable within one year40/41€38,476€27,442▼ 28.7%
Trade receivables40€442€2,787▲ 530%
Other amounts receivable41€38,033€24,654▼ 35.2%
Cash at bank and in hand54/58€13,420€15,064▲ 12.3%
Equity and liabilities
Total equity and liabilities10/49€210,371€205,981▼ 2.1%
Equity10/15€203,021€199,931▼ 1.5%
Contributions10/11€1,239€1,239=
Contributions outside capital11€1,239€1,239=
Share premium1100/10€1,239€1,239=
Reserves13€14,000€14,000=
Distributable reserves133€14,000€14,000=
Profit (loss) carried forward14€187,781€184,691▼ 1.6%
Amounts payable17/49€7,350€6,050▼ 17.7%
Amounts payable within one year42/48€7,350€6,050▼ 17.7%
Trade debts44€6,185€6,050▼ 2.2%
Suppliers440/4€6,185€6,050▼ 2.2%
Taxes, remuneration and social security45€1,165--
Taxes450/3€1,165--
Line20242025Change
Profit (loss) for the period9904-€659-€3,090▼ 369%
+ Depreciation and write-downs630€876--
Operating cash flow (approximation)€217-€3,090-
Change in cash-€1,644-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 12,322 companies had the same profile as MYDO has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
90.3% was still going
8.6% stopped otherwise
0.7% went bankrupt

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MYDO itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,446 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 12,322 companies, not a prediction for MYDO. 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.

Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 06-07-2026 2026-00271116 PDF
31-12-2024 full format 29-06-2025 2025-00233763 PDF
31-12-2017 micro format 31-08-2018 2018-61200345 PDF
31-12-2016 micro format 30-08-2017 2017-50700010 PDF
31-12-2015 full format 30-08-2016 2016-56400083 PDF
31-12-2014 full format 31-08-2015 2015-54800241 PDF
31-12-2013 full format 25-08-2014 2014-45800425 PDF
31-12-2012 full format 29-08-2013 2013-51600127 PDF
31-12-2011 full format 17-08-2012 2012-41500215 PDF
31-12-2010 full format 30-08-2011 2011-51200528 PDF

Show all 19 filings

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