M&D
The computed 12-month bankruptcy probability of M&D is 1.2% (low). The 2023 annual accounts show negative equity (€-11k). Equity is shrinking by ~29.6% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-11k |
| Active | 10 yrs |
Mixed profile: strong on stability, weaker on health.
Computed on 4 of 5 axes. Not measured: profitability. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2023 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | - |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €3k |
| Equity | €-11k |
| Debt | €14k |
| of which ≤ 1y | €14k |
| of which > 1y | - |
| Working capital | €-12k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.12 |
| Quick ratio | 0.12 |
| Working capital ratio | -432.3% |
| Solvency | -391.5% |
| Debt / equity | -1.26 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | - |
| ROE | - |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3k |
| Fixed assets | 21/28 | €1k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €2k |
| Cash & bank | 54/58 | €66 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3k |
| Equity | 10/15 | €-11k |
| Contributions / capital | 10/11 | €9k |
| Accumulated profits (losses) | 14 | €-20k |
| Amounts payable | 17/49 | €14k |
| Amounts payable within one year | 42/48 | €14k |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 19-01-2016 |
| Status | Active |
| Postal code | - |
Parcels 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. |
|---|---|---|---|---|
| 21903B0276/00Y007 | Brussels | 156 m² | 1 · 157 m² | 14.0 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | M&D |