Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDB from Donceel, company number BE0670544073, closed financial year 2025 with a result of € 407 after tax. For that financial year MDB recorded a gross margin of € 198,536 and equity of € 85,303. Compared with financial year 2024, the result moved from € 3,939 to € 407. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 85,303
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 407
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 40,247
▲ 268% 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 € 5,303.
People and assets in 2025
1.2
Average over the fiscal year, from the social balance sheet.
€ 50,024
▼ 9% vs 2024
€ 41,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 660
▼ 56% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▼ 7% vs 2024
€ 85,618 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 56,579
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,273
▲ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 85,105 | € 186,148 | € 201,489 | € 198,536 | ▼ 1% |
| Profit after taxes | € -12,023 | € 15,757 | € 3,939 | € 407 | ▼ 90% |
| Equity | € 5,198 | € 80,956 | € 84,895 | € 85,303 | |
| Total debts | € 1,000,222 | € 1,320,445 | € 1,340,201 | € 1,304,673 | ▼ 3% |
| Cash | € 5,808 | € 4,306 | € 10,931 | € 40,247 | ▲ 268% |
| Land & buildings | € 836,182 | € 1,237,227 | € 1,186,638 | € 1,136,046 | ▼ 4% |
| Retained profit | € -14,802 | € 956 | € 4,895 | € 5,303 | ▲ 8% |
| Bank debt | € 685,646 | € 973,119 | € 1,126,591 | € 1,052,528 | ▼ 7% |
| Balance sheet total | € 1,005,420 | € 1,401,400 | € 1,425,096 | € 1,389,976 | ▼ 2% |
| Employees (FTE) | 1 | 1.6 | 1.2 | 1.2 |
Key figures of MDB, 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 MDB?
What happened at MDB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 407 (▼ 90% vs 2024). Source: NBB ↗
- Madisson Dal Bianco became a director. NBB
- New establishment in Flémalle. KBO
- New establishment in Donceel. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,023 loss in 2022 to € 407 profit in 2025.
Paid € 6,140 in corporate taxes since 2022.
Best year ever: 2023, with € 15,757 profit.
On average € 165,400 of value added per employee in 2025.
Management
Behind MDB is Madisson Dal Bianco. It owns 90% of SYSLINK and 55% of RNEW itself.
Directors
According to the 2025 annual accounts
Madisson Dal Bianco
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Rue de Stier 8/3
4357 Donceel
Rue du Stier 8 box 3
4357 Donceel
Active since 30 January 2017
Rue de la Horre 60
4400 Flémalle
Active since 18 August 2022
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
- 0670.544.073
- VAT number
- BE 0670.544.073
- Registered office
- Rue de Stier 8/3, 4357 Donceel
- Names & denominations
- MDB
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2017
- Peppol
- Active · Active since 10 Dec 2025
- Contact
- bcarre.be
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