What does MDZ - PROJECTS do?

MDZ - PROJECTS is a second-hand shop in Knokke-Heist. Private Limited, started on 28 April 2003, 1 establishment.

What is the address of MDZ - PROJECTS?

The registered office of MDZ - PROJECTS is located at Zeedijk-Knokke 715 box 5, 8300 Knokke-Heist.

Is MDZ - PROJECTS still active?

Yes. According to the CBE (31 October 2026) MDZ - PROJECTS is active, legal situation “Normale toestand”, started on 28 April 2003.

Is MDZ - PROJECTS registered on Peppol?

Yes, MDZ - PROJECTS is registered on the Peppol network with ID 0208:0480106250.

What is the enterprise number of MDZ - PROJECTS?

The enterprise number of MDZ - PROJECTS is BE0480106250.

When was MDZ - PROJECTS founded?

MDZ - PROJECTS was founded on 28 April 2003.

Who are the directors of MDZ - PROJECTS?

According to the 2024 annual accounts, the directors of MDZ - PROJECTS are: MICHAEL DE ZUTTER.

Is MDZ - PROJECTS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 April 2003; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did MDZ - PROJECTS make in 2024?

MDZ - PROJECTS posted a profit after taxes of € 282,377 in financial year 2024.

What is the revenue of MDZ - PROJECTS?

As a small company, MDZ - PROJECTS is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 477,399.

How many employees does MDZ - PROJECTS have?

According to the 2024 annual accounts, MDZ - PROJECTS has 0 full-time equivalents (FTE).

MDZ - PROJECTS (Private Limited) - Knokke-Heist

Dossier MDZ - PROJECTS, printed on 31 October 2026 from databakkes.be/en/0480106250/mdz-projects. 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.

Tight liquidity NBB

Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

MDZ - PROJECTS from Knokke-Heist, company number BE0480106250, closed financial year 2024 with a result of € 282,377 after tax. For that financial year MDZ - PROJECTS recorded a gross margin of € 477,399 and equity of € 2.3 million. Compared with financial year 2023, the result moved from € 216,282 to € 282,377. 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 October 31, 2025.

What it is worth Growing

€ 2.3 million

▲ 14% vs 2023

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

Profit Growing

€ 282,377

▲ 31% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 6,678

▼ 81% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € 2.3 million.

People and assets in 2024

Full-time equivalents

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

Vehicles and equipment

€ 22,610

▲ 99% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 165,975

▲ 5% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 212,646

▲ 56% vs 2023

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

Taxes

€ 136,817

▼ 55% vs 2023

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)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 310,221 Gross margin 2021: € 310,221 First fiscal year in the series	€ 690,061 Gross margin 2022: € 690,061 ▲ 122% vs 2021 (€ 310,221) Favourable step	€ 338,964 Gross margin 2023: € 338,964 ▼ 51% vs 2022 (€ 690,061) Unfavourable step	€ 477,399 Gross margin 2024: € 477,399 ▲ 41% vs 2023 (€ 338,964) Favourable step	▲ 41%
Profit after taxes	€ 131,351 Profit after taxes 2021: € 131,351 First fiscal year in the series	€ 452,059 Profit after taxes 2022: € 452,059 ▲ 244% vs 2021 (€ 131,351) Favourable step	€ 216,282 Profit after taxes 2023: € 216,282 ▼ 52% vs 2022 (€ 452,059) Unfavourable step	€ 282,377 Profit after taxes 2024: € 282,377 ▲ 31% vs 2023 (€ 216,282) Favourable step	▲ 31%
Equity	€ 1,493,856 Equity 2021: € 1,493,856 First fiscal year in the series	€ 1,895,915 Equity 2022: € 1,895,915 ▲ 27% vs 2021 (€ 1,493,856) Favourable step	€ 2,062,197 Equity 2023: € 2,062,197 ▲ 9% vs 2022 (€ 1,895,915) Favourable step	€ 2,344,574 Equity 2024: € 2,344,574 ▲ 14% vs 2023 (€ 2,062,197) Favourable step	▲ 14%
Total debts	€ 403,257 Total debts 2021: € 403,257 First fiscal year in the series	€ 880,405 Total debts 2022: € 880,405 ▲ 118% vs 2021 (€ 403,257) Unfavourable step	€ 735,839 Total debts 2023: € 735,839 ▼ 16% vs 2022 (€ 880,405) Favourable step	€ 635,119 Total debts 2024: € 635,119 ▼ 14% vs 2023 (€ 735,839) Favourable step	▼ 14%
Cash	€ 21,366 Cash 2021: € 21,366 First fiscal year in the series	€ 241,015 Cash 2022: € 241,015 ▲ € 219,649 vs 2021 (€ 21,366) Favourable step	€ 35,590 Cash 2023: € 35,590 ▼ 85% vs 2022 (€ 241,015) Unfavourable step	€ 6,678 Cash 2024: € 6,678 ▼ 81% vs 2023 (€ 35,590) Unfavourable step	▼ 81%
Land & buildings	€ 29,697 Land & buildings 2021: € 29,697 First fiscal year in the series	€ 14,465 Land & buildings 2022: € 14,465 ▼ 51% vs 2021 (€ 29,697) Unchanged	€ 1,438 Land & buildings 2023: € 1,438 ▼ 90% vs 2022 (€ 14,465) Unchanged	€ 1,380 Land & buildings 2024: € 1,380 ▼ 4% vs 2023 (€ 1,438) Unchanged	▼ 4%
Retained profit	€ 1,481,456 Retained profit 2021: € 1,481,456 First fiscal year in the series	€ 1,883,515 Retained profit 2022: € 1,883,515 ▲ 27% vs 2021 (€ 1,481,456) Favourable step	€ 2,049,797 Retained profit 2023: € 2,049,797 ▲ 9% vs 2022 (€ 1,883,515) Favourable step	€ 2,332,174 Retained profit 2024: € 2,332,174 ▲ 14% vs 2023 (€ 2,049,797) Favourable step	▲ 14%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 50,000 Dividend 2022: € 50,000 Unchanged (€ 0) Unchanged	€ 50,000 Dividend 2023: € 50,000 Unchanged (€ 50,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 50,000) Unchanged	▼ 100%
Bank debt	€ 99,467 Bank debt 2021: € 99,467 First fiscal year in the series	€ 33,290 Bank debt 2022: € 33,290 ▼ 67% vs 2021 (€ 99,467) Favourable step	€ 157,711 Bank debt 2023: € 157,711 ▲ € 124,421 vs 2022 (€ 33,290) Unfavourable step	€ 165,975 Bank debt 2024: € 165,975 ▲ 5% vs 2023 (€ 157,711) Unfavourable step	▲ 5%
Balance sheet total	€ 1,897,113 Balance sheet total 2021: € 1,897,113 First fiscal year in the series	€ 2,776,320 Balance sheet total 2022: € 2,776,320 ▲ 46% vs 2021 (€ 1,897,113) Unchanged	€ 2,798,036 Balance sheet total 2023: € 2,798,036 ▲ 1% vs 2022 (€ 2,776,320) Unchanged	€ 2,979,693 Balance sheet total 2024: € 2,979,693 ▲ 6% vs 2023 (€ 2,798,036) Unchanged	▲ 6%

Key figures of MDZ - PROJECTS, 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 MDZ - PROJECTS?

What happened at MDZ - PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 31, 2025 New annual accounts for financial year 2024: profit of € 282,377 (▲ 31% vs 2023). filed late Source: NBB ↗
Apr 28, 2003 New establishment in Knokke-Heist. KBO
Apr 28, 2003 Start of the company according to the CBE. KBO

In short

From € 131,351 profit in 2021 to € 282,377 profit in 2024.

Paid € 564,187 in corporate taxes since 2021.

Best year ever: 2022, with € 452,059 profit.

Paid out € 100,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

MICHAEL DE ZUTTER

MDZ - PROJECTS

Behind MDZ - PROJECTS is MICHAEL DE ZUTTER.

Directors

According to the 2024 annual accounts

MICHAEL DE ZUTTER

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Zeedijk-Knokke 715 box 5

8300 Knokke-Heist

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 →

B & R

€ 99,212 gross margin · 2025

MEDIM

€ 38,785 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: 0480.106.250
VAT number: BE 0480.106.250
Registered office: Zeedijk-Knokke 715 bus 5, 8300 Knokke-Heist
Names & denominations: MDZ - PROJECTS
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 28 April 2003
Peppol: Active · Active since 8 May 2025
Activities · NACE: Detailhandel in antiquiteiten

View on CBE Public ↗ Annual accounts (NBB) ↗