M.S.D. is a property company in Damme. Public Limited, started on 30 March 1994, 2 establishments.

What is the address of M.S.D.?

The registered office of M.S.D. is located at St.-Kwintensstraat 5, 8340 Damme.

Is M.S.D. still active?

Yes. According to the CBE (30 October 2026) M.S.D. is active, legal situation “Normale toestand”, started on 30 March 1994.

Is M.S.D. registered on Peppol?

Yes, M.S.D. is registered on the Peppol network with ID 0208:0452387412.

What is the enterprise number of M.S.D.?

The enterprise number of M.S.D. is BE0452387412.

When was M.S.D. founded?

M.S.D. was founded on 30 March 1994.

Who are the directors of M.S.D.?

According to the 2025 annual accounts, the directors of M.S.D. are: Dirk Destrooper, Maurina Destickere.

Is M.S.D. a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 March 1994; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did M.S.D. make in 2025?

M.S.D. recorded a loss after taxes of € 15,344 in financial year 2025.

What is the revenue of M.S.D.?

As a small company, M.S.D. is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 52,265.

M.S.D. (Public Limited) - Damme - BE0452387412

Dossier M.S.D., printed on 30 October 2026 from databakkes.be/en/0452387412/m-s-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.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

M.S.D. from Damme, company number BE0452387412, closed financial year 2025 with a result of € -15,344 after tax. For that financial year M.S.D. recorded a gross margin of € 52,265 and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -14,014 to € -15,344. 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 9, 2026.

What it is worth Healthy

€ 2.2 million

▼ 1% vs 2024

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

Loss Caution

€ -15,344

▼ 9 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 364,400

▼ 82% vs 2024

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 € 2 million.

People and assets in 2025

Vehicles and equipment

€ 80,347

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 37,467

▼ 82% vs 2024

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

Taxes

€ 5,266

▲ 232% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 1,445,209 Gross margin 2022: € 1,445,209 First fiscal year in the series	€ 12,925 Gross margin 2023: € 12,925 ▼ 99% vs 2022 (€ 1,445,209) Unfavourable step	€ 1,310 Gross margin 2024: € 1,310 ▼ 90% vs 2023 (€ 12,925) Unfavourable step	€ 52,265 Gross margin 2025: € 52,265 ▲ € 50,955 vs 2024 (€ 1,310) Favourable step	▲ € 50,955
Profit after taxes	€ 990,617 Profit after taxes 2022: € 990,617 First fiscal year in the series	€ 24,289 Profit after taxes 2023: € 24,289 ▼ 98% vs 2022 (€ 990,617) Unfavourable step	€ -14,014 Profit after taxes 2024: € -14,014 ▼ € 38,303 vs 2023 (€ 24,289) Unfavourable step	€ -15,344 Profit after taxes 2025: € -15,344 ▼ € 1,330 vs 2024 (€ -14,014) Unfavourable step	▼ € 1,330
Equity	€ 2,741,572 Equity 2022: € 2,741,572 First fiscal year in the series	€ 2,270,861 Equity 2023: € 2,270,861 ▼ 17% vs 2022 (€ 2,741,572) Unfavourable step	€ 2,256,847 Equity 2024: € 2,256,847 ▼ 1% vs 2023 (€ 2,270,861) Unfavourable step	€ 2,241,503 Equity 2025: € 2,241,503 ▼ 1% vs 2024 (€ 2,256,847) Unfavourable step	▼ 1%
Total debts	€ 116,664 Total debts 2022: € 116,664 First fiscal year in the series	€ 610,547 Total debts 2023: € 610,547 ▲ € 493,883 vs 2022 (€ 116,664) Unfavourable step	€ 761,798 Total debts 2024: € 761,798 ▲ 25% vs 2023 (€ 610,547) Unfavourable step	€ 597,502 Total debts 2025: € 597,502 ▼ 22% vs 2024 (€ 761,798) Favourable step	▼ 22%
Cash	€ 2,749,196 Cash 2022: € 2,749,196 First fiscal year in the series	€ 2,691,567 Cash 2023: € 2,691,567 ▼ 2% vs 2022 (€ 2,749,196) Unfavourable step	€ 2,022,996 Cash 2024: € 2,022,996 ▼ 25% vs 2023 (€ 2,691,567) Unfavourable step	€ 364,400 Cash 2025: € 364,400 ▼ 82% vs 2024 (€ 2,022,996) Unfavourable step	▼ 82%
Land & buildings	€ 155,450 Land & buildings 2022: € 155,450 First fiscal year in the series	€ 186,545 Land & buildings 2023: € 186,545 ▲ 20% vs 2022 (€ 155,450) Unchanged	€ 635,023 Land & buildings 2024: € 635,023 ▲ 240% vs 2023 (€ 186,545) Unchanged	€ 1,519,676 Land & buildings 2025: € 1,519,676 ▲ 139% vs 2024 (€ 635,023) Unchanged	▲ 139%
Retained profit	€ 2,023,468 Retained profit 2022: € 2,023,468 First fiscal year in the series	€ 2,047,757 Retained profit 2023: € 2,047,757 ▲ 1% vs 2022 (€ 2,023,468) Favourable step	€ 2,033,743 Retained profit 2024: € 2,033,743 ▼ 1% vs 2023 (€ 2,047,757) Unfavourable step	€ 2,018,399 Retained profit 2025: € 2,018,399 ▼ 1% vs 2024 (€ 2,033,743) Unfavourable step	▼ 1%
Balance sheet total	€ 3,155,260 Balance sheet total 2022: € 3,155,260 First fiscal year in the series	€ 3,178,432 Balance sheet total 2023: € 3,178,432 ▲ 1% vs 2022 (€ 3,155,260) Unchanged	€ 3,314,793 Balance sheet total 2024: € 3,314,793 ▲ 4% vs 2023 (€ 3,178,432) Unchanged	€ 3,100,663 Balance sheet total 2025: € 3,100,663 ▼ 6% vs 2024 (€ 3,314,793) Unchanged	▼ 6%

Key figures of M.S.D., 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.S.D.?

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

Jul 9, 2026 New annual accounts for financial year 2025: loss of € 15,344. Source: NBB ↗
Apr 23, 2026 New establishment in Damme. KBO
May 17, 1994 New establishment in Brugge. KBO
Mar 30, 1994 Start of the company according to the CBE. KBO

In short

From € 990,617 profit in 2022 to € 15,344 loss in 2025.

Paid € 97,917 in corporate taxes since 2022.

Best year ever: 2022, with € 990,617 profit.

Original PDFs at the National Bank ↗

Management

Dirk Destrooper Maurina Destickere

DESTROOPER & PARTNERS

MS INVEST

HORNICUB IMMO

M.S.D.

Behind M.S.D. are Dirk Destrooper and Maurina Destickere. Dirk Destrooper is also behind DESTROOPER & PARTNERS, MS INVEST and HORNICUB IMMO.

Directors

According to the 2025 annual accounts

Dirk Destrooper

Managing director

Also active at: DESTROOPER & PARTNERS, MS INVEST, HORNICUB IMMO

Maurina Destickere

Managing director

Establishments

Establishment units

Physical locations of this company

Registered office

St.-Kwintensstraat 5

8340 Damme

2.066.811.860

Gulden-Peerdenstraat 78B

8310 Brugge

Active since 17 May 1994

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

MD STONE INVEST

€ 5,302 gross margin · 2025

MS INVEST same network

€ -973 gross margin · 2025

HORNICUB IMMO same network

€ 121,169 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0452.387.412

VAT number

BE 0452.387.412

Registered office

St.-Kwintensstraat 5, 8340 Damme

Names & denominations

M.S.D.

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 March 1994

Peppol

Active · Active since 12 Mar 2026

Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Opslag

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗

M.S.D.

Warning lights

Financials

What happened to M.S.D.?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions