Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDL United from Kaprijke, company number BE0556760204, closed financial year 2025 with a result of € 133,869 after tax. For that financial year MDL United recorded a gross margin of € -4,465 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € -5,603 to € 133,869. 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 June 29, 2026.
€ 1.9 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 133,869
▲ still € 5,603 loss in 2024
Profit after tax over the fiscal year.
€ 6,051
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,937 | € -5,813 | € -4,506 | € -4,465 | ▲ € 41 |
| Profit after taxes | € -4,976 | € 261,042 | € -5,603 | € 133,869 | ▲ € 139,472 |
| Equity | € 1,472,712 | € 1,733,754 | € 1,728,151 | € 1,862,020 | ▲ 8% |
| Total debts | € 1,272,834 | € 1,299,871 | € 1,272,834 | € 1,278,834 | |
| Cash | € 43,948 | € 38,343 | € 5,691 | € 6,051 | ▲ 6% |
| Retained profit | € 766,062 | € 1,027,104 | € 1,021,501 | € 1,155,370 | ▲ 13% |
| Balance sheet total | € 2,745,546 | € 3,033,625 | € 3,000,985 | € 3,140,854 | ▲ 5% |
Key figures of MDL United, 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 MDL United?
What happened at MDL United in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Homes & Dreams NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 133,869. Source: NBB ↗
- Luxury Residences NV stepped down as director. NBB
- Building & Service team NV stepped down as director. NBB
- Homes & Dreams NV became a director. NBB
- Luxury Residences NV became a director. NBB
- Building & Service team NV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,976 loss in 2022 to € 133,869 profit in 2025.
Paid € 25,644 in corporate taxes since 2022.
Best year ever: 2023, with € 261,042 profit.
Management
It owns 73.4% of SPECIAL PROPERTIES itself.
Directors
According to the 2025 annual accounts
bestuurder · represented by Lien De Baets
Also active at: BUILDING en SERVICE TEAM, IMMODEVELOPMENT, LUXURY RESIDENCES, TIMELESS REAL ESTATE
since 2025 · until 2026
bestuurder · represented by Dave De Baets
Also active at: HOMES & DREAMS, BUILDING en SERVICE TEAM, IMMODEVELOPMENT, TIMELESS REAL ESTATE
since 2020 · until 2026
bestuurder · represented by Mike De Baets
Also active at: HOMES & DREAMS, IMMODEVELOPMENT, LUXURY RESIDENCES, TIMELESS REAL ESTATE
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Bisschopslag 5
9971 Kaprijke
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0556.760.204
- VAT number
- BE 0556.760.204
- Registered office
- Bisschopslag 5, 9971 Kaprijke
- Names & denominations
- MDL United
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 July 2014
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings