Financials
Financial year 2025
MECANIQUE FERROVIAIRE DÉVELOPPEMENT from Morlanwelz, company number BE0413929880, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year MECANIQUE FERROVIAIRE DÉVELOPPEMENT recorded revenue of € 13.9 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 894,929 to € 1.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 6.6 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▲ 108% vs 2024
Profit after tax over the fiscal year.
€ 1.8 million
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
54 % of the profit went to the shareholders, mostly to CCL BELGIUM (99 % of the shares). That is where the money ends up.
People and assets in 2025
21.5
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▼ 2% vs 2024
€ 61,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,539
▼ 95% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▲ 44% vs 2024
€ 303,544 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 1.2 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 421,085
▲ 82% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,646,447 | € 12,606,569 | € 11,593,841 | € 13,946,907 | ▲ 20% |
| Profit after taxes | € 788,711 | € 1,098,613 | € 894,929 | € 1,858,572 | ▲ 108% |
| Equity | € 4,806,000 | € 5,390,924 | € 5,773,592 | € 6,619,903 | ▲ 15% |
| Total debts | € 2,144,911 | € 3,878,096 | € 3,697,171 | € 4,787,320 | ▲ 29% |
| Cash | € 96,655 | € 389,380 | € 1,179,173 | € 1,774,515 | ▲ 50% |
| Land & buildings | € 201,063 | € 176,868 | € 183,248 | € 832,241 | ▲ € 648,992 |
| Retained profit | € 3,469,004 | € 4,067,616 | € 4,462,545 | € 5,321,117 | ▲ 19% |
| Dividend | € 0 | € 500,000 | € 500,000 | € 1,000,000 | ▲ 100% |
| Bank debt | € 677,174 | € 995,141 | € 1,517,323 | € 2,183,562 | ▲ 44% |
| Balance sheet total | € 7,548,941 | € 9,373,943 | € 9,470,762 | € 11,859,386 | ▲ 25% |
| Employees (FTE) | 23 | 23.9 | 0 | 21.5 |
Key figures of MECANIQUE FERROVIAIRE DÉVELOPPEMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MECANIQUE FERROVIAIRE DÉVELOPPEMENT?
What happened at MECANIQUE FERROVIAIRE DÉVELOPPEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Didier GIOT stepped down as director. NBB
- Christian LAMBERT stepped down as director. NBB
- Claude LAMBERT stepped down as director. NBB
- Aurélie LAMBERT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▲ 108% vs 2024). filed late Source: NBB ↗
- Didier GIOT became a director. NBB
- Christian LAMBERT became a director. NBB
- Claude LAMBERT became a director. NBB
In short
From € 788,711 profit in 2022 to € 1.9 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.9 million profit.
Paid out € 2 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by CCL BELGIUM (99%), Claude LAMBERT (0.5%) and Christian LAMBERT (0.5%). It owns 100% of MFD Luxembourg itself.
Directors
According to the 2025 annual accounts
Didier GIOT
Director
Also active at: Chantier de Créosotage de BRUXELLES - Creosoteeringcentrum van Brussel, RAIL EUROPE
since 2022 · until 2028
since 2022 · until 2028
Claude LAMBERT
Chairman of the board
since 2022 · until 2028
Aurélie LAMBERT
Managing director
since 2022 · until 2028
Shareholders
Participations
MFD Luxembourg
100%
Establishments
Establishment units
Physical locations of this company
Rue d' Anderlues(CAR) 138
7141 Morlanwelz
Rue de Collarmont(CAR) -
7141 Morlanwelz
Active since 1 February 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.929.880
- VAT number
- BE 0413.929.880
- Registered office
- Rue d' Anderlues(CAR) 138, 7141 Morlanwelz
- Names & denominations
- MECANIQUE FERROVIAIRE DÉVELOPPEMENT · M.F.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 1974
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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