Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
M.D. Services from Viroinval, company number BE0418853621, closed financial year 2025 with a result of € -17,414 after tax. For that financial year M.D. Services recorded a gross margin of € 3,829 and equity of € 69,100. Compared with financial year 2024, the result moved from € 36,974 to € -17,414. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 69,100
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -17,414
▼ still € 36,974 profit in 2024
Profit after tax over the fiscal year.
€ 17,001
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 38,100.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 33,077
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,591
▼ 88% vs 2024
€ 12,062 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 121
Supplier invoices still open on the last day of the fiscal year.
€ 1,941
▼ 89% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,470 | € 119,426 | € 117,613 | € 3,829 | ▼ 97% |
| Profit after taxes | € 6,873 | € 64,226 | € 36,974 | € -17,414 | ▼ € 54,388 |
| Equity | € 55,314 | € 49,540 | € 86,514 | € 69,100 | ▼ 20% |
| Total debts | € 406,960 | € 481,188 | € 387,252 | € 121,320 | ▼ 69% |
| Cash | € 40,518 | € 103,049 | € 28,685 | € 17,001 | ▼ 41% |
| Land & buildings | € 347,104 | € 336,233 | € 428,746 | € 166,934 | ▼ 61% |
| Retained profit | € 24,314 | € 18,540 | € 55,514 | € 38,100 | ▼ 31% |
| Dividend | € 170,000 | € 70,000 | € 0 | € 0 | |
| Bank debt | € 229,911 | € 258,588 | € 231,885 | € 27,591 | ▼ 88% |
| Balance sheet total | € 462,274 | € 530,728 | € 503,226 | € 217,240 | ▼ 57% |
Key figures of M.D. Services, 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 M.D. Services?
What happened at M.D. Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 17,414 (▼ € 54,388 vs 2024). Source: NBB ↗
- New establishment in Courcelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,873 profit in 2022 to € 17,414 loss in 2025.
Paid € 19,191 in corporate taxes since 2022.
Best year ever: 2023, with € 64,226 profit.
Paid out € 240,000 in dividends to the owners in total.
Management
Behind M.D. Services is PATRICK FOSSET.
Directors
According to the 2025 annual accounts
PATRICK FOSSET
Director
Establishments
Establishment units
Physical locations of this company
Rue du Château, Mazée 22
5670 Viroinval
Rue Emile Vandervelde(ST) 130
6182 Courcelles
Active since 28 November 1978
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
- 0418.853.621
- VAT number
- BE 0418.853.621
- Registered office
- Rue du Château, Mazée 22, 5670 Viroinval
- Names & denominations
- M.D. Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 1978
- Peppol
- Not registered