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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 7 to 5.7.
Financials
Financial year 2025
M.D.R. from Brussel, company number BE0432819938, closed financial year 2025 with a result of € -285,400 after tax. For that financial year M.D.R. recorded a gross margin of € 15,866 and equity of € -277,503. Compared with financial year 2024, the result moved from € -188,705 to € -285,400. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 19, 2026.
€ -277,503
▼ € 285,400 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -285,400
▼ 51 % more loss than in 2024
Profit after tax over the fiscal year.
€ 174,484
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -374,072.
People and assets in 2025
5.7
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 205,362
▼ 5% vs 2024
€ 36,000 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.
€ 47,853
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 494,819
▲ 75% vs 2024
€ 20,685 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 333,785
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,508
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 305,612 | € 159,643 | € 68,243 | € 15,866 | ▼ 77% |
| Profit after taxes | € -76,559 | € -169,289 | € -188,705 | € -285,400 | ▼ € 96,695 |
| Equity | € 365,891 | € 196,602 | € 7,897 | € -277,503 | ▼ € 285,400 |
| Total debts | € 475,503 | € 506,589 | € 661,188 | € 935,179 | ▲ 41% |
| Cash | € 278,056 | € 173,862 | € 178,725 | € 174,484 | ▼ 2% |
| Land & buildings | € 338,545 | € 297,082 | € 256,968 | € 216,854 | ▼ 16% |
| Retained profit | € 179,322 | € 40,033 | € -118,672 | € -374,072 | ▼ € 255,400 |
| Bank debt | € 46,131 | € 55,000 | € 282,500 | € 494,819 | ▲ 75% |
| Balance sheet total | € 841,394 | € 703,191 | € 669,085 | € 657,676 | ▼ 2% |
| Employees (FTE) | 8 | 7 | 5.9 | 5.7 | ▼ 0.2 |
Key figures of M.D.R., fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to M.D.R.?
What happened at M.D.R. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 285,400. filed late Source: NBB ↗
- New establishment in Dilbeek. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,559 loss in 2022 to € 285,400 loss in 2025.
Paid € 14,955 in corporate taxes since 2022.
On average € 2,800 of value added per employee in 2025.
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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
Directors
According to the 2025 annual accounts
Marc De Roover
Director
Establishments
Establishment units
Physical locations of this company
Leuvenseweg 24
1000 Brussel
H. Dom. Saviolaan 8
1700 Dilbeek
Active since 1 January 1998
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
- 0432.819.938
- VAT number
- BE 0432.819.938
- Registered office
- Leuvenseweg 24, 1000 Brussel
- Names & denominations
- M.D.R.
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 19 December 1987
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Groothandel in informatie- en communicatieapparatuur
Vervaardiging van computers en randapparatuur
Vervaardiging van computers en andere apparatuur voor de verwerking van informatie
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan
Vervaardiging van consumentenelektronica
Detailhandel in ICT-apparatuur
Gespecialiseerde detailhandel in kantoormachines en -meubelen, computers en standaardprogrammatuur en telecommunicatieapparatuur
Groothandel in overige kantoormachines en kantoorbenodigdheden
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