MDS TECHNIC
ActiveMDS TECHNIC has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €78k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 33.1 against 37.61 in 2024; short-term debt: 2.8% and cash: 36.8% of total assets), and 2.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
97.1%
Return on assets
5.9%
Age of the figures
9 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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
94 d early
2024
65 d early
2023
93 d early
2022
94 d early
2021
81 d early
2020
72 d early
2019
16 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.28M▲ 0.9%
2024 · €1.27M
2018: €990k
2019: €1.03M
2020: €1.08M
2021: €1.18M
2022: €1.11M
2023: €1.21M
2024: €1.27M
2018 → 2025
Total assets
€1.32M▲ 1.3%
2024 · €1.30M
2018: €1.04M
2019: €1.05M
2020: €1.11M
2021: €1.22M
2022: €1.16M
2023: €1.26M
2024: €1.30M
2018 → 2025
Net result
€78k▼ 44.0%
2024 · €139k
2018: €267k
2019: €41k
2020: €51k
2021: €99k
2022: €29k
2023: €108k
2024: €139k
2018 → 2025
Working capital
€1.17M▲ 3.9%
2024 · €1.13M
2018: €923k
2019: €955k
2020: €1.03M
2021: €1.14M
2022: €969k
2023: €1.10M
2024: €1.13M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.18M-€1.11M▼ 6.1%€1.21M▲ 9.7%€1.27M▲ 4.7%€1.28M▲ 0.9%
Operating result€138k-€38k▼ 72.8%€150k▲ 298%€190k▲ 27.1%€100k▼ 47.6%
Net result€99k-€29k▼ 71.0%€108k▲ 275%€139k▲ 28.5%€78k▼ 44.0%
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 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.32M
Fixed assets
€112k▼ 22.7%
Current assets
€1.21M▲ 4.3%
Equity and liabilities €1.32M
Equity
€1.28M▲ 0.9%
Debt
€39k▲ 17.2%
The debt ratio rises from 2.5% to 2.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138k▼
2024 · €219k
Cash flow
€116k▼
2024 · €168k
Solvency
97.1%▼
2024 · 97.5%
Current ratio
33.10▼
2024 · 37.61
Quick ratio
32.44▼
2024 · 37.03
Debt / equity
0.03▲
2024 · 0.03
ROE
6.1%▼
2024 · 10.9%
ROA
5.9%▼
2024 · 10.6%
Interest coverage
276.72▼
2024 · 404.14
Debt
€39k▲
2024 · €33k
Debt ≤ 1 year
€37k▲
2024 · €31k
Income taxes
€35k▼
2024 · €62k
Staff costs
€76k▲
2024 · €72k
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 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.30M€1.32M▲
Fixed assets21/28€145k€112k▼
Tangible fixed assets22/27€145k€112k▼
Land and buildings22€23k€23k▼
Furniture and vehicles24€122k€89k▼
Current assets29/58€1.16M€1.21M▲
Stocks and contracts in progress3€18k€24k▲
Stocks30/36€18k€18k▲
Contracts in progress37-€6k
Amounts receivable within one year40/41€68k€68k▲
Trade receivables40€65k€68k▲
Other amounts receivable41€3k-
Current investments50/53€609k€613k▲
Cash at bank and in hand54/58€456k€486k▲
Deferred charges and accrued income490/1€9k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.30M€1.32M▲
Equity10/15€1.27M€1.28M▲
Contributions10/11€9k€9k=
Reserves13€1.26M€1.27M▲
Distributable reserves133€1.26M€1.27M▲
Amounts payable17/49€33k€39k▲
Amounts payable within one year42/48€31k€37k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€27k€27k=
Taxes450/3€13k€12k▼
Remuneration and social security454/9€13k€15k▲
Other amounts payable47/48€2k€5k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€72k€76k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€38k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€295k€217k▼
Operating profit (loss)9901€190k€100k▼
Financial income75/76B€11k€14k▲
Recurring financial income75€11k€14k▲
Financial charges65/66B€543€497▼
Recurring financial charges65€543€497▼
Profit (loss) for the period before taxes9903€201k€113k▼
Income taxes67/77€62k€35k▼
Profit (loss) for the period9904€139k€78k▼
Profit (loss) for the period to be appropriated9905€139k€78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€139k€78k▼
Transfer from equity791/2€82k€65k▼
Transfer to equity691/2€139k€76k▼
To other reserves6921€139k€76k▼
Profit to be distributed694/7€82k€67k▼
Return on contributions (dividend)694€82k€67k▼
The notes to these accounts (5 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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €29k ▼71%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 48.67
Current ratio from 18.82 to 48.67; short-term debt falls from €52k to €20k.
31-12
Financial
Equity above €1MEq €1.03M ▲4.1%
2 profitable years in a row build equity to €1.03M.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Oosterzele · 1 establishment unit since 1990
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.
Geraardsbergse steenweg 2199860 OosterzeleGround area
740 m²
Building footprint
217 m²
Volume, LiDAR
999 m³
Parcel 44007A0370/00L000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Geraardsbergse steenweg 219, 9860 Oosterzele
since 19902.049.793.904
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44007A0370/00L000 | Flanders | 740 m² | 1 · 217 m² | 9.6 m · 1 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
DWJ PROJECTS
BE 0875.153.992
Dilsen-Stokkem · Eq €1.27M
Van Damme
BE 0420.858.551
Deinze · Eq €1.25M
City Screen Group Belgium
BE 0713.557.041
Genk · Eq €1.25M
EUROSOL+
BE 0725.421.923
Maaseik · Eq €1.24M
CONRES
BE 0450.875.103
Brakel · Eq €1.33M
Of 4,097 companies in sector 43240 we hold annual accounts for 1,631. 617 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-1990
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.