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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M.D. Holding from Langemark-Poelkapelle, company number BE0673859394, closed financial year 2025 with a result of € 45,657 after tax. For that financial year M.D. Holding recorded a gross margin of € 57,702 and equity of € 330,600. Compared with financial year 2024, the result moved from € 60,962 to € 45,657. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 330,600
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,657
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 541
▼ 98% 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 € 310,600.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 43,750
▼ 36% vs 2024
€ 25,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 9,690
▲ 244% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 30,337
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 260,821 | € 220,831 | € 135,157 | € 57,702 | ▼ 57% |
| Profit after taxes | € 16,268 | € -65,883 | € 60,962 | € 45,657 | ▼ 25% |
| Equity | € 289,863 | € 223,981 | € 284,943 | € 330,600 | ▲ 16% |
| Total debts | € 481,331 | € 546,316 | € 452,843 | € 453,951 | |
| Cash | € 29,500 | € 18,455 | € 25,760 | € 541 | ▼ 98% |
| Retained profit | € 269,863 | € 203,981 | € 264,943 | € 310,600 | ▲ 17% |
| Bank debt | € 269,241 | € 162,063 | € 68,750 | € 43,750 | ▼ 36% |
| Balance sheet total | € 771,194 | € 770,297 | € 737,786 | € 784,551 | ▲ 6% |
| Employees (FTE) | 4.4 | 4.8 | - | 0 |
Key figures of M.D. Holding, 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 M.D. Holding?
What happened at M.D. Holding in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,657 (▼ 25% vs 2024). filed late Source: NBB ↗
- Benjamin Pierre MARCANT became a director. NBB
- Stefanie Simonne DEVLIEGER became a director. NBB
- New establishment in Langemark-Poelkapelle. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,268 profit in 2022 to € 45,657 profit in 2025.
Paid € 19,081 in corporate taxes since 2022.
Best year ever: 2024, with € 60,962 profit.
On average € 46,000 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind M.D. Holding are Benjamin Pierre MARCANT and Stefanie Simonne DEVLIEGER. It owns 100% of De Torre itself.
Directors
According to the 2025 annual accounts
Benjamin Pierre MARCANT
Director
since 2020
Stefanie Simonne DEVLIEGER
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Boezingestraat 91
8920 Langemark-Poelkapelle
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.859.394
- VAT number
- BE 0673.859.394
- Registered office
- Boezingestraat 91, 8920 Langemark-Poelkapelle
- Names & denominations
- M.D. Holding
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2017
- Peppol
- Active · Active since 25 Nov 2025
- Activities · NACE
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