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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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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 . G. from Erpe-Mere, company number BE0448944308, closed financial year 2025 with a result of € -6,972 after tax. For that financial year M . D . G. recorded a gross margin of € -425 and equity of € 176,468. Compared with financial year 2024, the result moved from € -7,371 to € -6,972. 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 June 26, 2026.
€ 176,468
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,972
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 80
▲ 182% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 114,468.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 0 | € -851 | € -730 | € -425 | ▲ € 305 |
| Profit after taxes | € -4,956 | € -8,618 | € -7,371 | € -6,972 | ▲ € 399 |
| Equity | € 199,430 | € 190,812 | € 183,441 | € 176,468 | ▼ 4% |
| Total debts | € 0 | € 5,093 | € 0 | € 0 | |
| Cash | - | € 6,037 | € 28 | € 80 | ▲ 182% |
| Land & buildings | € 158,449 | € 149,774 | € 141,099 | € 132,424 | ▼ 6% |
| Retained profit | € 137,430 | € 128,812 | € 121,441 | € 114,468 | ▼ 6% |
| Balance sheet total | € 263,898 | € 256,654 | € 240,470 | € 229,778 | ▼ 4% |
Key figures of M . D . G., 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 . G.?
What happened at M . D . G. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,972. Source: NBB ↗
- Geert Moreel stepped down as director. NBB
- Geert Moreel became a director. NBB
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,956 loss in 2022 to € 6,972 loss in 2025.
Paid € 1,241 in corporate taxes since 2022.
Management
Directors
According to the 2025 annual accounts
Geert Moreel
Director
since 2005 · until 2011
Establishments
Establishment units
Physical locations of this company
Boskouterstraat 49
9420 Erpe-Mere
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.944.308
- VAT number
- BE 0448.944.308
- Registered office
- Boskouterstraat 49, 9420 Erpe-Mere
- Names & denominations
- M . D . G.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1992
- Peppol
- Not registered