MDS INVEST
ActiveSummary
MDS INVEST has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €720k and a net result of €99k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+8
Solvency95▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.22 against 0.21 in 2024; short-term debt: 8.8% and cash: 0.8% of total assets), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 77
Relative position
BE, all sectors
reference
Sector 77
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
70%
Return on assets
9.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
27 d early
2023
36 d early
2022
37 d early
2021
39 d early
2020
42 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€99k▲ 217%
2024 · €31k
2018: €45k
2019: €72k
2020: €64k
2021: €28k
2022: €93k
2023: €77k
2024: €31k
2018 → 2025
Working capital
€-71k▲ 45.8%
2024 · €-131k
2018: €-88k
2019: €-251k
2020: €132k
2021: €-292k
2022: €-131k
2023: €37k
2024: €-131k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€420k-€513k▲ 22.2%€590k▲ 15.0%€621k▲ 5.3%€720k▲ 16.0%
Operating result€68k-€141k▲ 109%€115k▼ 18.6%€51k▼ 56.1%€141k▲ 179%
Net result€28k-€93k▲ 238%€77k▼ 17.3%€31k▼ 59.4%€99k▲ 217%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 179% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.03M
Fixed assets
€1.01M ▲ 1.3%
Current assets
€20k ▼ 44.1%
Equity and liabilities €1.03M
Equity
€720k ▲ 16.0%
Debt
€308k ▼ 24.9%
Debt's share of the balance-sheet total falls from 39.8% to 30.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€228k▼
2024 · €231k
Cash flow
€187k▼
2024 · €212k
Current ratio
0.22▲
2024 · 0.21
Debt to equity
0.43▼
2024 · 0.66
ROE
13.8%▲
2024 · 5.0%
ROA
9.6%▲
2024 · 3.0%
Interest coverage
59.33▲
2024 · 35.71
Debt ≤ 1 year
€91k▼
2024 · €166k
Debt > 1 year
€217k▼
2024 · €244k
Income taxes
€38k▲
2024 · €13k
Staff costs
€17k▲
2024 · €16k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€1.03M▼
Fixed assets21/28€996k€1.01M▲
Tangible fixed assets22/27€996k€1.01M▲
Land and buildings22€938k€975k▲
Furniture and vehicles24€17k€13k▼
Leasing and similar rights25€41k€21k▼
Current assets29/58€36k€20k▼
Amounts receivable within one year40/41€27k€11k▼
Trade receivables40€11k€9k▼
Other amounts receivable41€16k€2k▼
Cash at bank and in hand54/58€9k€9k▲
Deferred charges and accrued income490/1€37€437▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.03M▼
Equity10/15€621k€720k▲
Contributions10/11€269k€269k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€341k€440k▲
Amounts payable17/49€410k€308k▼
Amounts payable after more than one year17€244k€217k▼
Financial debts170/4€244k€217k▼
Amounts payable within one year42/48€166k€91k▼
Current portion of amounts payable after more than one year42€43k€26k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€23k€10k▼
Suppliers440/4€23k€10k▼
Taxes, remuneration and social security45€25k€18k▼
Taxes450/3€23k€16k▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€75k€36k▼
Income statement
Code20242025
Non-recurring operating income76A€17k€0▼
Remuneration, social security and pensions62€16k€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€180k€87k▼
Other operating charges640/8€19k€9k▼
Gross operating margin9900€266k€254k▼
Operating profit (loss)9901€51k€141k▲
Financial income75/76B€0€8▲
Recurring financial income75€0€8▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€44k€137k▲
Income taxes67/77€13k€38k▲
Profit (loss) for the period9904€31k€99k▲
Profit (loss) for the period to be appropriated9905€31k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€341k€440k▲
Profit (loss) brought forward from the previous period14P€309k€341k▲
Social balance
Average headcount (FTE)90870.10.1=
The notes to these accounts (24 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
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €99k ▲217%
Net result €99k, the highest in the series.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity doublescurrent ratio 1.18
Current ratio from 0.56 to 1.18; short-term debt falls from €294k to €201k.
24-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Equity above €500kEq €513k ▲22.2%
5 profitable years in a row build equity to €513k.
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet €28k ▼57.1%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
19-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Equity above €200kEq €242k ▲36.1%
3 profitable years in a row build equity to €242k.
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
30-09
Financial
Equity above €150kEq €178k ▲67.4%
2 profitable years in a row build equity to €178k.
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
11-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Oudenaarde · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dijkstraat 859700 OudenaardeGround area
411 m²
Building footprint
272 m²
Volume, LiDAR
2,099 m³
Parcel 45035A0131/00Y002, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MDS Invest
since 20012.116.124.581
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035A0131/00Y002 | Flanders | 410 m² | 1 · 272 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HENDRIKS
BE 0444.546.743
Tienen · Eq €754k
MAES LOGISTICS
BE 0543.758.739
Zandhoven · Eq €762k
JKT RENTING
BE 0696.768.717
Beveren-Kruibeke-Zwijndrecht · Eq €672k
BS LOCATION ET FACADE
BE 1000.739.595
Virton · Eq €790k
VAN DEN NEST CONTAINERS
BE 0447.694.689
Aalst · Eq €646k
Of 361 companies in sector 77120 we hold annual accounts for 233. 158 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
Founded26-12-2000
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.