What does M.D. Project do?

M.D. Project is registered with the CBE as active in: Handel in eigen onroerend goed. Private Limited, started on 12 December 1996, 1 establishment.

What is the address of M.D. Project?

The registered office of M.D. Project is located at Octaaf Van Dammestraat 54, 9030 Gent.

Is M.D. Project still active?

Yes. According to the CBE (31 October 2026) M.D. Project is active, legal situation “Normale toestand”, started on 12 December 1996.

Is M.D. Project registered on Peppol?

Yes, M.D. Project is registered on the Peppol network with ID 0208:0459437926.

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

The enterprise number of M.D. Project is BE0459437926.

When was M.D. Project founded?

M.D. Project was founded on 12 December 1996.

Who are the directors of M.D. Project?

According to the 2025 annual accounts, the directors of M.D. Project are: M.D. Building NV.

Is M.D. Project a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 December 1996; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

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

M.D. Project recorded a loss after taxes of € 4,599 in financial year 2025.

What is the revenue of M.D. Project?

As a small company, M.D. Project is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -3,915.

M.D. Project (Private Limited) - Gent - BE0459437926

Dossier M.D. Project, printed on 1 November 2026 from databakkes.be/en/0459437926/m-d-project. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

M.D. Project from Gent, company number BE0459437926, closed financial year 2025 with a result of € -4,599 after tax. For that financial year M.D. Project recorded a gross margin of € -3,915 and equity of € -67,022. Compared with financial year 2024, the result moved from € -4,169 to € -4,599. 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 January 14, 2026.

What it is worth Caution

€ -67,022

▼ € 4,599 vs 2024

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

Loss Caution

€ -4,599

▼ 10 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 908

▼ 33% 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 € -85,614.

Debts at end 2025

Bank debt

€ 178,059

▲ 4% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 102

▼ 73% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -2,878 Gross margin 2022: € -2,878 First fiscal year in the series	€ -11,499 Gross margin 2023: € -11,499 ▼ € 8,621 vs 2022 (€ -2,878) Unfavourable step	€ -3,485 Gross margin 2024: € -3,485 ▲ € 8,014 vs 2023 (€ -11,499) Favourable step	€ -3,915 Gross margin 2025: € -3,915 ▼ € 430 vs 2024 (€ -3,485) Unfavourable step	▼ € 430
Profit after taxes	€ -2,699 Profit after taxes 2022: € -2,699 First fiscal year in the series	€ -12,208 Profit after taxes 2023: € -12,208 ▼ € 9,509 vs 2022 (€ -2,699) Unfavourable step	€ -4,169 Profit after taxes 2024: € -4,169 ▲ € 8,039 vs 2023 (€ -12,208) Favourable step	€ -4,599 Profit after taxes 2025: € -4,599 ▼ € 430 vs 2024 (€ -4,169) Unfavourable step	▼ € 430
Equity	€ -46,047 Equity 2022: € -46,047 First fiscal year in the series	€ -58,255 Equity 2023: € -58,255 ▼ € 12,208 vs 2022 (€ -46,047) Unfavourable step	€ -62,424 Equity 2024: € -62,424 ▼ € 4,169 vs 2023 (€ -58,255) Unfavourable step	€ -67,022 Equity 2025: € -67,022 ▼ € 4,599 vs 2024 (€ -62,424) Unfavourable step	▼ € 4,599
Total debts	€ 576,577 Total debts 2022: € 576,577 First fiscal year in the series	€ 181,508 Total debts 2023: € 181,508 ▼ 69% vs 2022 (€ 576,577) Favourable step	€ 174,348 Total debts 2024: € 174,348 ▼ 4% vs 2023 (€ 181,508) Favourable step	€ 178,293 Total debts 2025: € 178,293 ▲ 2% vs 2024 (€ 174,348) Unfavourable step	▲ 2%
Cash	€ 1,850 Cash 2022: € 1,850 First fiscal year in the series	€ 13,097 Cash 2023: € 13,097 ▲ € 11,247 vs 2022 (€ 1,850) Favourable step	€ 1,352 Cash 2024: € 1,352 ▼ 90% vs 2023 (€ 13,097) Unfavourable step	€ 908 Cash 2025: € 908 ▼ 33% vs 2024 (€ 1,352) Unfavourable step	▼ 33%
Retained profit	€ -64,639 Retained profit 2022: € -64,639 First fiscal year in the series	€ -76,847 Retained profit 2023: € -76,847 ▼ € 12,208 vs 2022 (€ -64,639) Unfavourable step	€ -81,016 Retained profit 2024: € -81,016 ▼ € 4,169 vs 2023 (€ -76,847) Unfavourable step	€ -85,614 Retained profit 2025: € -85,614 ▼ € 4,599 vs 2024 (€ -81,016) Unfavourable step	▼ € 4,599
Bank debt	€ 375,763 Bank debt 2022: € 375,763 First fiscal year in the series	€ 180,963 Bank debt 2023: € 180,963 ▼ 52% vs 2022 (€ 375,763) Favourable step	€ 170,963 Bank debt 2024: € 170,963 ▼ 6% vs 2023 (€ 180,963) Favourable step	€ 178,059 Bank debt 2025: € 178,059 ▲ 4% vs 2024 (€ 170,963) Unfavourable step	▲ 4%
Balance sheet total	€ 530,531 Balance sheet total 2022: € 530,531 First fiscal year in the series	€ 123,254 Balance sheet total 2023: € 123,254 ▼ 77% vs 2022 (€ 530,531) Unchanged	€ 111,924 Balance sheet total 2024: € 111,924 ▼ 9% vs 2023 (€ 123,254) Unchanged	€ 111,271 Balance sheet total 2025: € 111,271 ▼ 1% vs 2024 (€ 111,924) Unchanged	▼ 1%

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

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

Jan 14, 2026 New annual accounts for financial year 2025: loss of € 4,599. Source: NBB ↗
2023 M.D. Building NV became a director. NBB
Dec 24, 1996 New establishment in Gent. KBO
Dec 12, 1996 Start of the company according to the CBE. KBO

In short

From € 2,699 loss in 2022 to € 4,599 loss in 2025.

Original PDFs at the National Bank ↗

Management

M.D. Building NV

M.D. Project

Behind M.D. Project is M.D. Building NV.

Directors

According to the 2025 annual accounts

M.D. Building NV

Director · represented by Bolle SYLVIE

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Octaaf Van Dammestraat 54

9030 Gent

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

M.D. Building same network

€ 4,956 gross margin · 2025

Architect D'Haese en vennoten

€ -10,486 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: 0459.437.926
VAT number: BE 0459.437.926
Registered office: Octaaf Van Dammestraat 54, 9030 Gent
Names & denominations: M.D. Project
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 12 December 1996
Peppol: Active · Active since 12 Nov 2025
Activities · NACE: Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗