Active · per the CBE, 29 September 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, 5 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 1 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

Financials

Financial year 2024

MDN CONCEPT from Brussel, company number BE0628519616, closed financial year 2024 with a result of € -69,885 after tax. For that financial year MDN CONCEPT recorded a gross margin of € 193,151 and equity of € -10,743. Compared with financial year 2023, the result moved from € -45,289 to € -69,885. 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 September 29, 2025.

What it is worth Caution

€ -10,743

▼ € 69,885 vs 2023

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

Loss Caution

€ -69,885

▼ 54 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 109,092

▼ 35% vs 2023

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 € -16,943.

People and assets in 2024

Full-time equivalents estimate

≈ 1

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

Wage cost

€ 239,203

▲ 4% vs 2023

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

€ 5,906

▲ 6% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

None

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

Owed to suppliers

€ 41,911

▼ 6% vs 2023

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

Taxes and wages

€ 94,153

▲ 71% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 139,392 € 157,137 € 205,381 € 193,151 ▼ 6%
Profit after taxes € 24,934 € -24,948 € -45,289 € -69,885 ▼ € 24,596
Equity € 129,379 € 104,431 € 59,142 € -10,743 ▼ € 69,885
Total debts € 184,394 € 184,232 € 174,442 € 172,050 ▼ 1%
Cash € 225,097 € 221,131 € 168,655 € 109,092 ▼ 35%
Retained profit € 123,179 € 98,231 € 52,942 € -16,943 ▼ € 69,885
Balance sheet total € 313,772 € 288,663 € 233,584 € 161,307 ▼ 31%

Key figures of MDN CONCEPT, 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 MDN CONCEPT?

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

  • New annual accounts for financial year 2024: loss of € 69,885. 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 € 24,934 profit in 2021 to € 69,885 loss in 2024.

Paid € 4,467 in corporate taxes since 2021.

Best year ever: 2021, with € 24,934 profit.

Management

Pietro MOLENDINI
MDN CONCEPT

Behind MDN CONCEPT is Pietro MOLENDINI.

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Directors

According to the 2024 annual accounts

Pietro MOLENDINI

Director

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 (29 September 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.