Active · per the CBE, 30 October 2026

MDN CONCEPT

BE0628519616

Rechtspersoon Private limited company 1 establishment

MDN CONCEPT is a hospitality business in Brussel. Private Limited, started on 10 April 2015, 1 establishment.

Karel de Grotelaan 21, 1000 Brussel

Behind the company: Pietro MOLENDINI.

Active for

11 year, 6 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.

  • Figures corrected NBB

    Corrected annual account filed for 2025.

Financials

Financial year 2025

MDN CONCEPT from Brussel, company number BE0628519616, closed financial year 2025 with a result of € -59,668 after tax. For that financial year MDN CONCEPT recorded a gross margin of € 96,840 and equity of € -70,411. Compared with financial year 2024, the result moved from € -69,885 to € -59,668. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 9, 2026.

What it is worth Caution

€ -70,411

▼ € 59,668 vs 2024

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

Loss Caution

€ -59,668

▲ 15 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 17,756

▼ 84% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -76,611.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 140,878

▼ 41% 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

€ 4,354

▼ 26% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 39,955

▼ 5% vs 2024

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

Taxes and wages

€ 54,654

▼ 42% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 157,137 € 205,381 € 193,151 € 96,840 ▼ 50%
Profit after taxes € -24,948 € -45,289 € -69,885 € -59,668 ▲ € 10,217
Equity € 104,431 € 59,142 € -10,743 € -70,411 ▼ € 59,668
Total debts € 184,232 € 174,442 € 172,050 € 127,485 ▼ 26%
Cash € 221,131 € 168,655 € 109,092 € 17,756 ▼ 84%
Retained profit € 98,231 € 52,942 € -16,943 € -76,611 ▼ € 59,668
Balance sheet total € 288,663 € 233,584 € 161,307 € 57,074 ▼ 65%

Key figures of MDN CONCEPT, 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 MDN CONCEPT?

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

  • Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Pietro MOLENDINI became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 24,948 loss in 2022 to € 59,668 loss in 2025.

Paid € 4,467 in corporate taxes since 2022.

Management

Pietro MOLENDINI

Behind MDN CONCEPT is Pietro MOLENDINI. Pietro MOLENDINI is also behind TAKESUSHI BELGIUM and MDP IMMOBILIARE.

Directors

According to the 2025 annual accounts

Pietro MOLENDINI

Director

Also active at: TAKESUSHI BELGIUM, MDP IMMOBILIARE

since 2015

Establishments

Establishment units

Physical locations of this company

Registered office

Karel de Grotelaan 21

1000 Brussel

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 →

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

Details

Company number
0628.519.616
VAT number
BE 0628.519.616
Registered office
Karel de Grotelaan 21, 1000 Brussel
Names & denominations
MDN CONCEPT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 April 2015
Peppol
Active · Active since 24 Oct 2025
Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Cafés en bars

Eetgelegenheden met volledige bediening

Frequently asked questions

What does MDN CONCEPT do?
MDN CONCEPT is a hospitality business in Brussel. Private Limited, started on 10 April 2015, 1 establishment.
What is the address of MDN CONCEPT?
The registered office of MDN CONCEPT is located at Karel de Grotelaan 21, 1000 Brussel.
Is MDN CONCEPT still active?
Yes. According to the CBE (30 October 2026) MDN CONCEPT is active, legal situation “Normale toestand”, started on 10 April 2015.
Is MDN CONCEPT registered on Peppol?
Yes, MDN CONCEPT is registered on the Peppol network with ID 0208:0628519616.
What is the enterprise number of MDN CONCEPT?
The enterprise number of MDN CONCEPT is BE0628519616.
When was MDN CONCEPT founded?
MDN CONCEPT was founded on 10 April 2015.