Financials
Financial year 2025
MDVD from Knokke-Heist, company number BE0675729120, closed financial year 2025 with a result of € -302,248 after tax. For that financial year MDVD recorded a gross margin of € -52,989 and equity of € 5 million. Compared with financial year 2024, the result moved from € 60,700 to € -302,248. 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 July 17, 2026.
€ 5 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -302,248
▼ still € 60,700 profit in 2024
Profit after tax over the fiscal year.
€ 62,581
▲ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.8 million.
People and assets in 2025
1.9
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 108,458
▲ € 83,717 vs 2024
€ 57,100 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.
€ 25,105
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14.3 million
▲ 74% vs 2024
€ 357,720 is repaid this year. At this pace the long-term loan is gone in ≈ 40 years.
€ 16,715
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,550
▲ 110% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,364 | € 15,905 | € 69,931 | € -52,989 | ▼ € 122,921 |
| Profit after taxes | € 462,732 | € 916,226 | € 60,700 | € -302,248 | ▼ € 362,948 |
| Equity | € 4,295,272 | € 5,211,498 | € 5,272,198 | € 4,969,950 | ▼ 6% |
| Total debts | € 5,373,393 | € 6,357,916 | € 8,382,129 | € 14,372,322 | ▲ 71% |
| Cash | € 7,538 | € 238,364 | € 47,020 | € 62,581 | ▲ 33% |
| Retained profit | € 3,095,272 | € 4,011,498 | € 4,072,198 | € 3,769,950 | ▼ 7% |
| Bank debt | € 3,201,907 | € 6,313,168 | € 8,219,907 | € 14,269,970 | ▲ 74% |
| Balance sheet total | € 9,668,665 | € 11,569,414 | € 13,654,327 | € 19,342,272 | ▲ 42% |
| Employees (FTE) | - | - | 0.5 | 1.9 | ▲ 1.4 |
Key figures of MDVD, 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 MDVD?
What happened at MDVD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 302,248 (▼ € 362,948 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 462,732 profit in 2022 to € 302,248 loss in 2025.
Paid € 317 in corporate taxes since 2022.
Best year ever: 2023, with € 916,226 profit.
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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 MDVD are Pascale Sioen, Dimitri Vanduffel and Miguel Vanduffel. It owns 100% of BCD Polyester, 100% of Arplama Romania, 100% of A.C.L. Polyester, 33.3% of Sevy House and 12.2% of Frolight itself.
Directors
According to the 2025 annual accounts
Pascale Sioen
Director
Also active at: EUROPEAN MASTER BATCH, COATEX, Roularta Media Group, SIOEN INDUSTRIES, P. COMPANY, SIHOLD, SIOEN FABRICS, SICORP +4 more
Establishments
Establishment units
Physical locations of this company
Zwinlaan 1 box 23
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0675.729.120
- VAT number
- BE 0675.729.120
- Registered office
- Zwinlaan 1 bus 23, 8300 Knokke-Heist
- Names & denominations
- MDVD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2017
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Activiteiten van holdings
Holdings
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