M & D is a shop in Kalmthout. Public Limited, started on 19 April 2000, 1 establishment.

What is the address of M & D?

The registered office of M & D is located at Kapellensteenweg (C) 528, 2920 Kalmthout.

Is M & D still active?

Yes. According to the CBE (29 October 2026) M & D is active, legal situation “Normale toestand”, started on 19 April 2000.

Is M & D registered on Peppol?

Yes, M & D is registered on the Peppol network with ID 0208:0471723767.

What is the enterprise number of M & D?

The enterprise number of M & D is BE0471723767.

When was M & D founded?

M & D was founded on 19 April 2000.

Who are the directors of M & D?

According to the 2025 annual accounts, the directors of M & D are: De Appelboom bv, Hendrik Kramer.

Is M & D a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 April 2000; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did M & D make in 2025?

M & D posted a profit after taxes of € 7,045 in financial year 2025.

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 2025, its added value was € 155,181.

How much does an employee at M & D earn?

The average wage cost per full-time employee at M & D was € 2,800 in 2025: staff costs of € 2,846 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does M & D have?

According to the 2025 annual accounts, M & D has 1 full-time equivalents (FTE).

M & D (Public Limited) - Kalmthout - BE0471723767

Dossier M & D, printed on 29 October 2026 from databakkes.be/en/0471723767/m-d. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

M & D from Kalmthout, company number BE0471723767, closed financial year 2025 with a result of € 7,045 after tax. For that financial year M & D recorded a gross margin of € 155,181 and equity of € 265,953. Compared with financial year 2024, the result moved from € 157,326 to € 7,045. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.

What it is worth Growing

€ 265,953

▲ 3% vs 2024

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

Profit Healthy

€ 7,045

▼ 96% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 208

▼ 78% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 203,980.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2,846

▼ 57% vs 2024

€ 2,800 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.

Vehicles and equipment

€ 1,806

▼ 43% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 63,043

▲ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 194,921

▲ 156% vs 2024

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

Taxes

€ 9,525

▲ 132% 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	€ 132,265 Gross margin 2022: € 132,265 First fiscal year in the series	€ 389,502 Gross margin 2023: € 389,502 ▲ 194% vs 2022 (€ 132,265) Favourable step	€ 177,182 Gross margin 2024: € 177,182 ▼ 55% vs 2023 (€ 389,502) Unfavourable step	€ 155,181 Gross margin 2025: € 155,181 ▼ 12% vs 2024 (€ 177,182) Unfavourable step	▼ 12%
Profit after taxes	€ 99,034 Profit after taxes 2022: € 99,034 First fiscal year in the series	€ 317,673 Profit after taxes 2023: € 317,673 ▲ 221% vs 2022 (€ 99,034) Favourable step	€ 157,326 Profit after taxes 2024: € 157,326 ▼ 50% vs 2023 (€ 317,673) Unfavourable step	€ 7,045 Profit after taxes 2025: € 7,045 ▼ 96% vs 2024 (€ 157,326) Unfavourable step	▼ 96%
Equity	€ -56,091 Equity 2022: € -56,091 First fiscal year in the series	€ 161,582 Equity 2023: € 161,582 ▲ € 217,673 vs 2022 (€ -56,091) Favourable step	€ 258,908 Equity 2024: € 258,908 ▲ 60% vs 2023 (€ 161,582) Favourable step	€ 265,953 Equity 2025: € 265,953 ▲ 3% vs 2024 (€ 258,908) Favourable step	▲ 3%
Total debts	€ 633,415 Total debts 2022: € 633,415 First fiscal year in the series	€ 613,044 Total debts 2023: € 613,044 ▼ 3% vs 2022 (€ 633,415) Favourable step	€ 725,926 Total debts 2024: € 725,926 ▲ 18% vs 2023 (€ 613,044) Unfavourable step	€ 761,049 Total debts 2025: € 761,049 ▲ 5% vs 2024 (€ 725,926) Unfavourable step	▲ 5%
Cash	€ 44,697 Cash 2022: € 44,697 First fiscal year in the series	€ 2,481 Cash 2023: € 2,481 ▼ 94% vs 2022 (€ 44,697) Unfavourable step	€ 952 Cash 2024: € 952 ▼ 62% vs 2023 (€ 2,481) Unfavourable step	€ 208 Cash 2025: € 208 ▼ 78% vs 2024 (€ 952) Unfavourable step	▼ 78%
Retained profit	€ -118,064 Retained profit 2022: € -118,064 First fiscal year in the series	€ 99,609 Retained profit 2023: € 99,609 ▲ € 217,673 vs 2022 (€ -118,064) Favourable step	€ 196,935 Retained profit 2024: € 196,935 ▲ 98% vs 2023 (€ 99,609) Favourable step	€ 203,980 Retained profit 2025: € 203,980 ▲ 4% vs 2024 (€ 196,935) Favourable step	▲ 4%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 100,000 Dividend 2023: € 100,000 Unchanged (€ 0) Unchanged	€ 60,000 Dividend 2024: € 60,000 ▼ 40% vs 2023 (€ 100,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 60,000) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 10,815 Bank debt 2023: € 10,815 Unchanged (€ 0) Unfavourable step	€ 58,178 Bank debt 2024: € 58,178 ▲ € 47,363 vs 2023 (€ 10,815) Unfavourable step	€ 63,043 Bank debt 2025: € 63,043 ▲ 8% vs 2024 (€ 58,178) Unfavourable step	▲ 8%
Balance sheet total	€ 577,324 Balance sheet total 2022: € 577,324 First fiscal year in the series	€ 774,627 Balance sheet total 2023: € 774,627 ▲ 34% vs 2022 (€ 577,324) Unchanged	€ 984,834 Balance sheet total 2024: € 984,834 ▲ 27% vs 2023 (€ 774,627) Unchanged	€ 1,027,002 Balance sheet total 2025: € 1,027,002 ▲ 4% vs 2024 (€ 984,834) Unchanged	▲ 4%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	-	1 Employees (FTE) 2025: 1 First fiscal year in the series

Key figures of M & 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 & D?

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

Jul 6, 2026 New annual accounts for financial year 2025: profit of € 7,045 (▼ 96% vs 2024). Source: NBB ↗
2021 De Appelboom bv became a director. NBB
2018 Hendrik Kramer became a director. NBB
Jun 5, 2003 New establishment in Kalmthout. KBO
Apr 19, 2000 Start of the company according to the CBE. KBO

In short

From € 99,034 profit in 2022 to € 7,045 profit in 2025.

Paid € 155,187 in corporate taxes since 2022.

Best year ever: 2023, with € 317,673 profit.

On average € 155,200 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

De Appelboom bv Hendrik Kramer

M & D

Behind M & D are De Appelboom bv and Hendrik Kramer.

Directors

According to the 2025 annual accounts

De Appelboom bv

Director · represented by Haubrich Peggi

since 2021

Hendrik Kramer

Managing director

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Kapellensteenweg (C) 528

2920 Kalmthout

2.131.992.593

Kapellensteenweg (Heide) 528

2920 Kalmthout

Active since 5 June 2003

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

DE APPELBOOM same network

€ -10,460 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

0471.723.767

VAT number

BE 0471.723.767

Registered office

Kapellensteenweg (C) 528, 2920 Kalmthout

Names & denominations

M & D

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

19 April 2000

Peppol

Active · Active since 10 Oct 2024

Activities · NACE

Detailhandel in huismeubilair

Detailhandel in meubels

Detailhandel in huismeubilair in gespecialiseerde winkels

Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren

Detailhandel in verlichtingsartikelen

Detailhandel in verlichtingsartikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

M & D

Financials

What happened to M & D?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions