What is the address of MD Assurances?

The registered office of MD Assurances is located at Rue du Commerce 93, 5590 Ciney.

Is MD Assurances still active?

Yes. According to the CBE (30 October 2026) MD Assurances is active, legal situation “Normale toestand”, started on 14 October 2002.

Is MD Assurances registered on Peppol?

Yes, MD Assurances is registered on the Peppol network with ID 0208:0478556626.

What is the enterprise number of MD Assurances?

The enterprise number of MD Assurances is BE0478556626.

When was MD Assurances founded?

MD Assurances was founded on 14 October 2002.

Who are the directors of MD Assurances?

According to the 2025 annual accounts, the directors of MD Assurances are: LB Concept SRL, Business Management Consulting Minnella SRL.

Is MD Assurances a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 14 October 2002; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MD Assurances make in 2025?

MD Assurances posted a profit after taxes of € 322,569 in financial year 2025.

What is the revenue of MD Assurances?

As a small company, MD Assurances is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 620,948.

MD Assurances (Private Limited) - Ciney - BE0478556626

Dossier MD Assurances, printed on 30 October 2026 from databakkes.be/en/0478556626/md-assurances. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MD Assurances from Ciney, company number BE0478556626, closed financial year 2025 with a result of € 322,569 after tax. For that financial year MD Assurances recorded a gross margin of € 620,948 and equity of € 336,829. Compared with financial year 2024, the result moved from € -4,953 to € 322,569. Profitable, and profit is growing. 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 February 3, 2026.

What it is worth Growing

€ 336,829

▲ € 322,569 vs 2024

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

Profit Growing

€ 322,569

▲ still € 4,953 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 173,981

▲ € 171,159 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 € 328,769.

People and assets in 2025

Wage cost

€ 130,088

▼ 26% vs 2024

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

€ 8,361

▼ 54% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 4 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 60,275

▼ 47% vs 2024

€ 14,305 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 615

▼ 95% vs 2024

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

Taxes and wages

€ 142,402

▲ € 129,444 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 169,710 Gross margin 2022: € 169,710 First fiscal year in the series	€ 203,012 Gross margin 2023: € 203,012 ▲ 20% vs 2022 (€ 169,710) Favourable step	€ 190,545 Gross margin 2024: € 190,545 ▼ 6% vs 2023 (€ 203,012) Unfavourable step	€ 620,948 Gross margin 2025: € 620,948 ▲ 226% vs 2024 (€ 190,545) Favourable step	▲ 226%
Profit after taxes	€ 30,986 Profit after taxes 2022: € 30,986 First fiscal year in the series	€ 46,144 Profit after taxes 2023: € 46,144 ▲ 49% vs 2022 (€ 30,986) Favourable step	€ -4,953 Profit after taxes 2024: € -4,953 ▼ € 51,097 vs 2023 (€ 46,144) Unfavourable step	€ 322,569 Profit after taxes 2025: € 322,569 ▲ € 327,522 vs 2024 (€ -4,953) Favourable step	▲ € 327,522
Equity	€ 103,637 Equity 2022: € 103,637 First fiscal year in the series	€ 149,781 Equity 2023: € 149,781 ▲ 45% vs 2022 (€ 103,637) Favourable step	€ 14,260 Equity 2024: € 14,260 ▼ 90% vs 2023 (€ 149,781) Unfavourable step	€ 336,829 Equity 2025: € 336,829 ▲ € 322,569 vs 2024 (€ 14,260) Favourable step	▲ € 322,569
Total debts	€ 114,048 Total debts 2022: € 114,048 First fiscal year in the series	€ 89,392 Total debts 2023: € 89,392 ▼ 22% vs 2022 (€ 114,048) Favourable step	€ 287,283 Total debts 2024: € 287,283 ▲ 221% vs 2023 (€ 89,392) Unfavourable step	€ 221,331 Total debts 2025: € 221,331 ▼ 23% vs 2024 (€ 287,283) Favourable step	▼ 23%
Cash	€ 3,197 Cash 2022: € 3,197 First fiscal year in the series	€ 3,113 Cash 2023: € 3,113 ▼ 3% vs 2022 (€ 3,197) Unfavourable step	€ 2,822 Cash 2024: € 2,822 ▼ 9% vs 2023 (€ 3,113) Unfavourable step	€ 173,981 Cash 2025: € 173,981 ▲ € 171,159 vs 2024 (€ 2,822) Favourable step	▲ € 171,159
Retained profit	€ 97,437 Retained profit 2022: € 97,437 First fiscal year in the series	€ 143,581 Retained profit 2023: € 143,581 ▲ 47% vs 2022 (€ 97,437) Favourable step	€ 6,200 Retained profit 2024: € 6,200 ▼ 96% vs 2023 (€ 143,581) Unfavourable step	€ 328,769 Retained profit 2025: € 328,769 ▲ € 322,569 vs 2024 (€ 6,200) Favourable step	▲ € 322,569
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 130,568 Dividend 2024: € 130,568 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 130,568) Unchanged	▼ 100%
Bank debt	€ 32,532 Bank debt 2022: € 32,532 First fiscal year in the series	€ 21,926 Bank debt 2023: € 21,926 ▼ 33% vs 2022 (€ 32,532) Favourable step	€ 114,145 Bank debt 2024: € 114,145 ▲ € 92,219 vs 2023 (€ 21,926) Unfavourable step	€ 60,275 Bank debt 2025: € 60,275 ▼ 47% vs 2024 (€ 114,145) Favourable step	▼ 47%
Balance sheet total	€ 217,684 Balance sheet total 2022: € 217,684 First fiscal year in the series	€ 239,172 Balance sheet total 2023: € 239,172 ▲ 10% vs 2022 (€ 217,684) Unchanged	€ 301,543 Balance sheet total 2024: € 301,543 ▲ 26% vs 2023 (€ 239,172) Unchanged	€ 558,160 Balance sheet total 2025: € 558,160 ▲ 85% vs 2024 (€ 301,543) Unchanged	▲ 85%

Key figures of MD Assurances, 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 MD Assurances?

What happened at MD Assurances in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 3, 2026 New annual accounts for financial year 2025: profit of € 322,569. filed late Source: NBB ↗
2023 LB Concept SRL became a director. NBB
2023 Business Management Consulting Minnella SRL became a director. NBB
Sep 19, 2018 New establishment in Ciney. KBO
Oct 14, 2002 Start of the company according to the CBE. KBO

In short

From € 30,986 profit in 2022 to € 322,569 profit in 2025.

Paid € 168,396 in corporate taxes since 2022.

Best year ever: 2025, with € 322,569 profit.

Paid out € 130,568 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

BOURTON CONSULTING GROUP 75%

LB Concept 25%

The stake of BOURTON CONSULTING GROUP, LB Concept comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MD Assurances

Behind MD Assurances are LB Concept SRL and Business Management Consulting Minnella SRL. The shares are held by BOURTON CONSULTING GROUP (75%) and LB Concept (25%).

Directors

According to the 2025 annual accounts

LB Concept SRL

Managing director · represented by Emile Bourton

since 2023

Business Management Consulting Minnella SRL

Director · represented by Antonio Minnella

since 2023

Shareholders

BOURTON CONSULTING GROUP

75%

LB Concept

25%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Commerce 93

5590 Ciney

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

Details

Company number: 0478.556.626
VAT number: BE 0478.556.626
Registered office: Rue du Commerce 93, 5590 Ciney
Names & denominations: MD Assurances
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 14 October 2002
Peppol: Active · Active since 12 Jan 2026

View on CBE Public ↗ Annual accounts (NBB) ↗