MDR102
ActiveSummary
MDR102 has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €7k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+3
Solvency89▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.0 in 2024; short-term debt: 11.6% and cash: 0.6% of total assets), and 35.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
64.1%
Return on assets
4.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-03-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
48 d late
2024
26 d late
2023
114 d late
2022
177 d late
2020
110 d late
2019
3 d early
2018
109 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€97k▲ 7.5%
2024 · €90k
2019: €79k
2020: €89k
2022: €80k
2023: €85k
2024: €90k
2019 → 2025
Total assets
€151k▼ 3.6%
2024 · €157k
2019: €208k
2020: €198k
2022: €163k
2023: €159k
2024: €157k
2019 → 2025
Net result
€7k▲ 34.5%
2024 · €5k
2019: €7k
2020: €10k
2022: €-9k
2023: €5k
2024: €5k
2019 → 2025
Working capital
€20k▲ 4.1%
2024 · €19k
2019: €34k
2020: €40k
2022: €21k
2023: €21k
2024: €19k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€89k-€80k▼ 10.6%€85k▲ 6.8%€90k▲ 5.9%€97k▲ 7.5%
Operating result€17k-€-6k€9k€13k▲ 37.3%€12k▼ 7.0%
Net result€10k-€-9k€5k€5k▼ 7.3%€7k▲ 34.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€114k ▼ 3.9%
Current assets
€38k ▼ 2.4%
Equity and liabilities €151k
Equity
€97k ▲ 7.5%
Debt
€54k ▼ 18.5%
Debt's share of the balance-sheet total falls from 42.5% to 35.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▼
2024 · €17k
Cash flow
€11k▲
2024 · €10k
Current ratio
2.14▲
2024 · 2.00
Quick ratio
0.61▲
2024 · 0.61
Debt to equity
0.56▼
2024 · 0.74
ROE
6.9%▲
2024 · 5.5%
ROA
4.4%▲
2024 · 3.2%
Interest coverage
6.65▲
2024 · 5.80
Debt ≤ 1 year
€18k▼
2024 · €19k
Debt > 1 year
€34k▼
2024 · €46k
Income taxes
€3k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€157k€151k▼
Fixed assets21/28€118k€114k▼
Tangible fixed assets22/27€113k€109k▼
Land and buildings22€113k€109k▼
Financial fixed assets28€5k€5k=
Current assets29/58€39k€38k▼
Stocks and contracts in progress3€27k€27k=
Stocks30/36€27k€27k=
Amounts receivable within one year40/41€10k€10k▲
Trade receivables40€6k€8k▲
Other amounts receivable41€4k€2k▼
Cash at bank and in hand54/58€2k€858▼
Equity and liabilities
Total equity and liabilities10/49€157k€151k▼
Equity10/15€90k€97k▲
Contributions10/11€7k€7k=
Reserves13€25k€25k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€59k€66k▲
Amounts payable17/49€67k€54k▼
Amounts payable after more than one year17€46k€34k▼
Financial debts170/4€46k€34k▼
Amounts payable within one year42/48€19k€18k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€431€691▲
Suppliers440/4€431€691▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€424€2k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€4k€821▼
Gross operating margin9900€21k€17k▼
Operating profit (loss)9901€13k€12k▼
Financial income75/76B€138€60▼
Recurring financial income75€138€60▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€10k€9k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€66k▲
Profit (loss) brought forward from the previous period14P€54k€59k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
26-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 114 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 177 days late
30-06
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
2022
30-06
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
2020
30-06
Financial
Highest result since 2019net €10k ▲51.2%
Net result €10k, the highest in the series.
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 109 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 238 days late
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 157 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 1 establishment unit since 2008
Ground area
1,224 m²
Building footprint
192 m²
Volume, LiDAR
1,017 m³
2 parcels, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MDR102
since 20082.177.603.181
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62101A0463/00P002 | Wallonia | 1,083 m² | 1 · 107 m² | 6.9 m · 2 fl. |
| 62101A0044/00L000 | Wallonia | 141 m² | 1 · 86 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,571 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-2008
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68321Property management for co-owned buildings (syndics)
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.