Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
-
Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
MDGB from Ukkel, company number BE0632904412, closed financial year 2025 with a result of € -70,474 after tax. For that financial year MDGB recorded a gross margin of € -71,689 and equity of € 483,329. Compared with financial year 2024, the result moved from € -7,944 to € -70,474. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 483,329
▼ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,474
▼ 787 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,187
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 463,329.
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 | € 16,890 | € -126,283 | € -6,284 | € -71,689 | ▼ € 65,406 |
| Profit after taxes | € 904,311 | € -129,252 | € -7,944 | € -70,474 | ▼ € 62,530 |
| Equity | € 690,999 | € 561,747 | € 553,803 | € 483,329 | ▼ 13% |
| Total debts | € 995,325 | € 780,344 | € 596,144 | € 1,575,249 | ▲ 164% |
| Cash | € 1,682,781 | € 239,816 | € 50,221 | € 3,187 | ▼ 94% |
| Retained profit | € 670,999 | € 541,747 | € 533,803 | € 463,329 | ▼ 13% |
| Balance sheet total | € 1,686,324 | € 1,342,091 | € 1,149,947 | € 2,058,577 | ▲ 79% |
Key figures of MDGB, 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 MDGB?
What happened at MDGB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,474. filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Marie-Pierre DOUX became a director. NBB
- Guy BURKHARDT became a director. NBB
In short
From € 904,311 profit in 2022 to € 70,474 loss in 2025.
Paid € 66,457 in corporate taxes since 2022.
Best year ever: 2022, with € 904,311 profit.
Management
Behind MDGB are Marie-Pierre DOUX and Guy BURKHARDT. It owns 86% of AXS NAMUR 1 and 34.5% of Prime BEL Rue de la Loi-T itself.
Directors
According to the 2025 annual accounts
Marie-Pierre DOUX
Director
since 2015
Guy BURKHARDT
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Hougoumontlaan 2
1180 Ukkel
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
- 0632.904.412
- VAT number
- BE 0632.904.412
- Registered office
- Hougoumontlaan 2, 1180 Ukkel
- Names & denominations
- MDGB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2015
- Peppol
- Not registered