Financials
Financial year 2026
MSDP from Ramillies, company number BE0650665409, closed financial year 2026 with a result of € 81,390 after tax. For that financial year MSDP recorded a gross margin of € 129,291 and equity of € 99,990. Compared with financial year 2025, the result moved from € 56,721 to € 81,390. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 99,990
▼ 39% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,390
▲ 43% vs 2025
Profit after tax over the fiscal year.
€ 35,837
▲ € 30,218 vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 144,742 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
€ 1,746
▼ 44% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 172,137
▼ 26% vs 2025
€ 58,026 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,072
▼ 90% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 37,974
▲ € 33,257 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 79,532 | € 136,040 | € 93,104 | € 129,291 | ▲ 39% |
| Profit after taxes | € 44,018 | € 87,744 | € 56,721 | € 81,390 | ▲ 43% |
| Equity | € 18,878 | € 106,621 | € 163,342 | € 99,990 | ▼ 39% |
| Total debts | € 512,851 | € 454,353 | € 372,656 | € 329,412 | ▼ 12% |
| Cash | € 26,286 | € 25,624 | € 5,619 | € 35,837 | ▲ € 30,218 |
| Land & buildings | € 250,000 | € 250,000 | € 250,000 | € 250,000 | |
| Retained profit | € 278 | € 88,021 | € 144,742 | € 81,390 | ▼ 44% |
| Dividend | € 28,000 | € 0 | € 0 | € 144,742 | |
| Bank debt | € 387,383 | € 315,865 | € 231,408 | € 172,137 | ▼ 26% |
| Balance sheet total | € 531,729 | € 560,974 | € 535,998 | € 429,402 | ▼ 20% |
Key figures of MSDP, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to MSDP?
What happened at MSDP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 81,390 (▲ 43% vs 2025). Source: NBB ↗
- New establishment in Ramillies. KBO
- Denis Petitfrère became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 44,018 profit in 2023 to € 81,390 profit in 2026.
Paid € 107,755 in corporate taxes since 2023.
Best year ever: 2024, with € 87,744 profit.
Paid out € 172,742 in dividends to the owners in total.
Management
Behind MSDP is Denis Petitfrère. Denis Petitfrère is also behind AIR ACADEMY NEW CAG and AEROPLANO.
Directors
According to the 2026 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
Rue Antoine Glume 11
1367 Ramillies
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
- 0650.665.409
- VAT number
- BE 0650.665.409
- Registered office
- Rue Antoine Glume 11, 1367 Ramillies
- Names & denominations
- MSDP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2016
- Peppol
- Active · Active since 17 Nov 2025
- Contact
- [email protected]
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