M.D.M.
ActiveM.D.M. has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €43k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 117 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-18
Solvency37▲+5
Growth35=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.19 in 2024), and 69.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
7 signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.8%
Return on assets
1.2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
2 d early
2023
5 d early
2022
8 d late
2021
17 d early
2020
23 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€484k▼ 21.2%
2024 · €614k
2023: €731k
2024: €614k
2023 → 2025
EBIT margin
29.0%▲ 4.8pp
2024 · 24.2%
2023: 36.2%
2024: 24.2%
2023 → 2025
Net result
€43k▼ 55.8%
2024 · €97k
2023: €177k
2024: €97k
2023 → 2025
Working capital
€-1.32M▼ 2.9%
2024 · €-1.28M
2023: €-1.30M
2024: €-1.28M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€731k-€614k▼ 16.0%€484k▼ 21.2%
Equity€1.00M-€1.10M▲ 9.7%€1.14M▲ 3.9%
Operating result€264k-€149k▼ 43.7%€140k▼ 5.6%
Net result€177k-€97k▼ 45.0%€43k▼ 55.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.72M
Fixed assets
€3.44M▼ 4.9%
Current assets
€276k▼ 10.0%
Equity and liabilities €3.72M
Equity
€1.14M▲ 3.9%
Debt
€2.57M▼ 8.9%
The debt ratio falls from 72.0% to 69.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€322k▼
2024 · €329k
Cash flow
€224k▼
2024 · €278k
Solvency
30.8%▲
2024 · 28.0%
Current ratio
0.17▼
2024 · 0.19
Quick ratio
0.17▼
2024 · 0.19
Debt / equity
2.25▼
2024 · 2.57
ROE
3.8%▼
2024 · 8.9%
ROA
1.2%▼
2024 · 2.5%
Interest coverage
3.52▼
2024 · 12.14
Debt
€2.57M▼
2024 · €2.82M
Debt ≤ 1 year
€1.60M▲
2024 · €1.59M
Debt > 1 year
€977k▼
2024 · €1.23M
Income taxes
€6k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Total assets
20/58€3.72M
Fixed assets
21/28€3.44M
Tangible fixed assets
22/27€3.44M
Current assets
29/58€276k
Stocks & contracts in progress
3€0
Amounts receivable within one year
40/41€52k
Cash & bank
54/58€221k
Total equity & liabilities
10/49€3.72M
Equity
10/15€1.14M
Contributions / capital
10/11€20k
Reserves
13€68k
Accumulated profits (losses)
14€1.06M
Amounts payable
17/49€2.57M
Amounts payable after one year
17€977k
Amounts payable within one year
42/48€1.60M
Trade debts payable within one year
44€4k
Income statement
Code2025
Turnover
70€484k
Operating result
9901€140k
Financial income
75€1k
Financial charges
65€92k
Result before taxes
9903€50k
Income taxes
67/77€6k
Net result for the period
9904€43k
Result to be appropriated
9905€19k
This is the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €43k ▼55.8%
Net result drops to €43k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
28-12
State Gazette act
Director changes
Stéphanie BILLER · correction
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 8 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 23 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 9 acts read
About the unread acts
Of the 9 Belgian State Gazette acts we know for this company, 1 has been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
PEVABO CONSTRUCT
BE 0466.490.816
Sint-Niklaas · Eq €1.14M
JAEKEN
BE 0472.156.012
Oudsbergen · Eq €1.15M
WAELES WILFRIED HOUT EN BOUWBEDRIJF
BE 0436.190.291
Diksmuide · Eq €1.14M
ELOMAX
BE 0736.946.711
Couvin · Eq €1.15M
Note Jan
BE 0655.707.330
Sint-Katelijne-Waver · Eq €1.15M
Of 20,033 companies in sector 43320 we hold annual accounts for 8,759. 4,030 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-1995
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 24-08-2026. Scores and ratios are computed by Checked and are not a credit decision.