Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 13.3 to 8.2.
Financials
Financial year 2024
MDCPartners from Antwerpen, company number BE0466255541, closed financial year 2024 with a result of € 1.1 million after tax. For that financial year MDCPartners recorded a gross margin of € 2.5 million and equity of € 2.3 million. Compared with financial year 2023, the result moved from € 1.4 million to € 1.1 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ 2.3 million
▲ 95% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 18% vs 2023
Profit after tax over the fiscal year.
€ 60,227
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.3 million.
People and assets in 2024
8.2
▼ 2.6 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.5 million
▲ 19% vs 2023
€ 178,000 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.
€ 186
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 404,964
▼ 81% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 289,512
▲ 28% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,999,307 | € -901,932 | € 2,407,132 | € 2,507,759 | ▲ 4% |
| Profit after taxes | € 1,025,527 | € -2,278,310 | € 1,389,595 | € 1,141,308 | ▼ 18% |
| Equity | € 2,094,537 | € -183,773 | € 1,205,823 | € 2,347,130 | ▲ 95% |
| Total debts | € 4,386,163 | € 6,057,391 | € 4,636,633 | € 1,408,125 | ▼ 70% |
| Cash | € 661,866 | € 419,849 | € 60,083 | € 60,227 | |
| Retained profit | € 2,082,337 | € -195,973 | € 1,193,623 | € 2,334,930 | ▲ 96% |
| Balance sheet total | € 6,480,701 | € 5,873,618 | € 5,842,456 | € 3,755,256 | ▼ 36% |
| Employees (FTE) | 21.4 | 13.3 | 10.8 | 8.2 | ▼ 2.6 |
Key figures of MDCPartners, 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 MDCPartners?
What happened at MDCPartners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.1 million (▼ 18% vs 2023). filed late Source: NBB ↗
- Gianni Farruggia became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2021 to € 1.1 million profit in 2024.
Paid € 489,922 in corporate taxes since 2021.
Best year ever: 2023, with € 1.4 million profit.
On average € 305,800 of value added per employee in 2024.
A new publication or filing at MDCPartners? We notify you, reason included.
Follow MDCPartnersDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
The stake of Anju Software Belgium Holdings comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MDCPartnersBehind MDCPartners is Gianni Farruggia. The shares are held by Anju Software Belgium Holdings (100%).
Directors
According to the 2024 annual accounts
since 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Uitbreidingstraat 86 box 2
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Multimedia Advertising
€ 574,901 gross margin · 2025
FIEMAG
€ 39,184 gross margin · 2025
HAPPY YELLOW
€ 4,673 gross margin · 2025
Jorissen & De Jonck
€ 3.3 million gross margin · 2025
Anju Software Belgium Holdings same network
€ -5,669 gross margin · 2024
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.255.541
- VAT number
- BE 0466.255.541
- Registered office
- Uitbreidingstraat 86 bus 2, 2600 Antwerpen
- Names & denominations
- MDCPartners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 1999
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige zakelijke dienstverlening, n.e.g.
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering