What is the address of M & D?

The registered office of M & D is located at Maastrichterstraat 25 box 2, 3700 Tongeren-Borgloon.

Is M & D still active?

Yes. According to the CBE (16 September 2026) M & D is active, legal situation “Normale toestand”, started on 30 August 1988.

Is M & D registered on Peppol?

No, M & D is currently not registered on the Peppol network.

What is the enterprise number of M & D?

The enterprise number of M & D is BE0435171989.

When was M & D founded?

M & D was founded on 30 August 1988.

Who are the directors of M & D?

According to the 2024 annual accounts, the directors of M & D are: Yvan Maes.

Is M & D a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 August 1988; 3 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did M & D make in 2024?

M & D recorded a loss after taxes of € 67,245 in financial year 2024.

What is the revenue of M & D?

As a small company, M & D is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 30,946.

M & D (Public Limited) - Tongeren-Borgloon - BE0435171989

Dossier M & D, printed on 16 September 2026 from databakkes.be/en/0435171989/m-d. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2024

M & D from Tongeren-Borgloon, company number BE0435171989, closed financial year 2024 with a result of € -67,245 after tax. For that financial year M & D recorded a gross margin of € 30,946 and equity of € 1.4 million. Compared with financial year 2022, the result moved from € 689,430 to € -67,245. 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 November 28, 2025.

What it is worth Healthy

€ 1.4 million

▼ 7% vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -67,245

▼ still € 689,430 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 148,139

▼ 85% vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.3 million.

Debts at end 2024

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 134,131

▼ 53% vs 2022

€ 31,006 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1,706

▲ 21% vs 2022

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2024	Change 2022 → 2024
Gross margin	€ 65,512 Gross margin 2021: € 65,512 First fiscal year in the series	€ 1,032,786 Gross margin 2022: € 1,032,786 ▲ € 967,274 vs 2021 (€ 65,512) Favourable step	€ 30,946 Gross margin 2024: € 30,946 ▼ 97% vs 2022 (€ 1,032,786) Unfavourable step	▼ 97%
Profit after taxes	€ -31,555 Profit after taxes 2021: € -31,555 First fiscal year in the series	€ 689,430 Profit after taxes 2022: € 689,430 ▲ € 720,985 vs 2021 (€ -31,555) Favourable step	€ -67,245 Profit after taxes 2024: € -67,245 ▼ € 756,676 vs 2022 (€ 689,430) Unfavourable step	▼ € 756,676
Equity	€ 776,260 Equity 2021: € 776,260 First fiscal year in the series	€ 1,465,691 Equity 2022: € 1,465,691 ▲ 89% vs 2021 (€ 776,260) Favourable step	€ 1,357,264 Equity 2024: € 1,357,264 ▼ 7% vs 2022 (€ 1,465,691) Unfavourable step	▼ 7%
Total debts	€ 918,859 Total debts 2021: € 918,859 First fiscal year in the series	€ 818,636 Total debts 2022: € 818,636 ▼ 11% vs 2021 (€ 918,859) Favourable step	€ 433,923 Total debts 2024: € 433,923 ▼ 47% vs 2022 (€ 818,636) Favourable step	▼ 47%
Cash	€ 3,350 Cash 2021: € 3,350 First fiscal year in the series	€ 998,294 Cash 2022: € 998,294 ▲ € 994,944 vs 2021 (€ 3,350) Favourable step	€ 148,139 Cash 2024: € 148,139 ▼ 85% vs 2022 (€ 998,294) Unfavourable step	▼ 85%
Land & buildings	€ 1,520,655 Land & buildings 2021: € 1,520,655 First fiscal year in the series	€ 1,359,791 Land & buildings 2022: € 1,359,791 ▼ 11% vs 2021 (€ 1,520,655) Unchanged	€ 1,188,892 Land & buildings 2024: € 1,188,892 ▼ 13% vs 2022 (€ 1,359,791) Unchanged	▼ 13%
Retained profit	€ 672,368 Retained profit 2021: € 672,368 First fiscal year in the series	€ 1,361,799 Retained profit 2022: € 1,361,799 ▲ 103% vs 2021 (€ 672,368) Favourable step	€ 1,253,372 Retained profit 2024: € 1,253,372 ▼ 8% vs 2022 (€ 1,361,799) Unfavourable step	▼ 8%
Bank debt	€ 359,823 Bank debt 2021: € 359,823 First fiscal year in the series	€ 286,709 Bank debt 2022: € 286,709 ▼ 20% vs 2021 (€ 359,823) Favourable step	€ 134,131 Bank debt 2024: € 134,131 ▼ 53% vs 2022 (€ 286,709) Favourable step	▼ 53%
Balance sheet total	€ 1,817,635 Balance sheet total 2021: € 1,817,635 First fiscal year in the series	€ 2,640,561 Balance sheet total 2022: € 2,640,561 ▲ 45% vs 2021 (€ 1,817,635) Unchanged	€ 2,121,131 Balance sheet total 2024: € 2,121,131 ▼ 20% vs 2022 (€ 2,640,561) Unchanged	▼ 20%

Key figures of M & D, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to M & D?

What happened at M & D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Nov 28, 2025 New annual accounts for financial year 2024: loss of € 67,245 (▼ € 756,676 vs 2022). filed late Source: NBB ↗
Jan 13, 1999 New establishment in Hasselt. KBO
Aug 30, 1988 Start of the company according to the CBE. KBO

In short

From € 31,555 loss in 2021 to € 67,245 loss in 2024.

Best year ever: 2022, with € 689,430 profit.

Original PDFs at the National Bank ↗

A new publication or filing at M & D? We notify you, reason included.

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My folder 3 companies

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%

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