What is the address of MCSD?

The registered office of MCSD is located at Rue de l'Enfer (THIS) 24, 4280 Hannut.

Is MCSD still active?

Yes. According to the CBE (29 October 2026) MCSD is active, legal situation “Normale toestand”, started on 13 September 2017.

Is MCSD registered on Peppol?

Yes, MCSD is registered on the Peppol network with ID 0208:0680979491.

What is the enterprise number of MCSD?

The enterprise number of MCSD is BE0680979491.

When was MCSD founded?

MCSD was founded on 13 September 2017.

Who are the directors of MCSD?

According to the 2025 annual accounts, the directors of MCSD are: Olivier Ghenne.

Is MCSD a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 September 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MCSD make in 2025?

MCSD posted a profit after taxes of € 20,082 in financial year 2025.

What is the revenue of MCSD?

As a small company, MCSD is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 40,500.

MCSD (Private Limited) - Hannut - BE0680979491

Q: What does MCSD do?

MCSD is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van public relations en communicatie. Private Limited, started on 13 September 2017, 1 establishment.

Dossier MCSD, printed on 29 October 2026 from databakkes.be/en/0680979491/mcsd. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MCSD from Hannut, company number BE0680979491, closed financial year 2025 with a result of € 20,082 after tax. For that financial year MCSD recorded a gross margin of € 40,500 and equity of € 41,180. Compared with financial year 2024, the result moved from € 11,663 to € 20,082. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.

What it is worth Healthy

€ 41,180

▼ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 20,082

▲ 72% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 21,411

▲ 6% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 26,500 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 21,500

▼ 30% vs 2024

Of which on lease € 20,401.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 13,908

▼ 30% vs 2024

€ 6,229 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 5,503

▼ 3% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 11,487

▲ 13% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 4,694 Gross margin 2022: € 4,694 First fiscal year in the series	€ 56,107 Gross margin 2023: € 56,107 ▲ € 51,413 vs 2022 (€ 4,694) Favourable step	€ 29,833 Gross margin 2024: € 29,833 ▼ 47% vs 2023 (€ 56,107) Unfavourable step	€ 40,500 Gross margin 2025: € 40,500 ▲ 36% vs 2024 (€ 29,833) Favourable step	▲ 36%
Profit after taxes	€ -3,241 Profit after taxes 2022: € -3,241 First fiscal year in the series	€ 33,174 Profit after taxes 2023: € 33,174 ▲ € 36,415 vs 2022 (€ -3,241) Favourable step	€ 11,663 Profit after taxes 2024: € 11,663 ▼ 65% vs 2023 (€ 33,174) Unfavourable step	€ 20,082 Profit after taxes 2025: € 20,082 ▲ 72% vs 2024 (€ 11,663) Favourable step	▲ 72%
Equity	€ 36,761 Equity 2022: € 36,761 First fiscal year in the series	€ 47,935 Equity 2023: € 47,935 ▲ 30% vs 2022 (€ 36,761) Favourable step	€ 47,598 Equity 2024: € 47,598 ▼ 1% vs 2023 (€ 47,935) Unfavourable step	€ 41,180 Equity 2025: € 41,180 ▼ 13% vs 2024 (€ 47,598) Unfavourable step	▼ 13%
Total debts	€ 39,799 Total debts 2022: € 39,799 First fiscal year in the series	€ 70,755 Total debts 2023: € 70,755 ▲ 78% vs 2022 (€ 39,799) Unfavourable step	€ 48,362 Total debts 2024: € 48,362 ▼ 32% vs 2023 (€ 70,755) Favourable step	€ 42,921 Total debts 2025: € 42,921 ▼ 11% vs 2024 (€ 48,362) Favourable step	▼ 11%
Cash	€ 26,286 Cash 2022: € 26,286 First fiscal year in the series	€ 30,590 Cash 2023: € 30,590 ▲ 16% vs 2022 (€ 26,286) Favourable step	€ 20,203 Cash 2024: € 20,203 ▼ 34% vs 2023 (€ 30,590) Unfavourable step	€ 21,411 Cash 2025: € 21,411 ▲ 6% vs 2024 (€ 20,203) Favourable step	▲ 6%
Retained profit	€ 18,211 Retained profit 2022: € 18,211 First fiscal year in the series	€ 29,385 Retained profit 2023: € 29,385 ▲ 61% vs 2022 (€ 18,211) Favourable step	€ 29,048 Retained profit 2024: € 29,048 ▼ 1% vs 2023 (€ 29,385) Unfavourable step	€ 22,630 Retained profit 2025: € 22,630 ▼ 22% vs 2024 (€ 29,048) Unfavourable step	▼ 22%
Dividend	€ 11,800 Dividend 2022: € 11,800 First fiscal year in the series	€ 22,000 Dividend 2023: € 22,000 ▲ 86% vs 2022 (€ 11,800) Unchanged	€ 12,000 Dividend 2024: € 12,000 ▼ 45% vs 2023 (€ 22,000) Unchanged	€ 26,500 Dividend 2025: € 26,500 ▲ 121% vs 2024 (€ 12,000) Unchanged	▲ 121%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 25,456 Bank debt 2023: € 25,456 Unchanged (€ 0) Unfavourable step	€ 19,829 Bank debt 2024: € 19,829 ▼ 22% vs 2023 (€ 25,456) Favourable step	€ 13,908 Bank debt 2025: € 13,908 ▼ 30% vs 2024 (€ 19,829) Favourable step	▼ 30%
Balance sheet total	€ 76,560 Balance sheet total 2022: € 76,560 First fiscal year in the series	€ 118,690 Balance sheet total 2023: € 118,690 ▲ 55% vs 2022 (€ 76,560) Unchanged	€ 95,960 Balance sheet total 2024: € 95,960 ▼ 19% vs 2023 (€ 118,690) Unchanged	€ 84,101 Balance sheet total 2025: € 84,101 ▼ 12% vs 2024 (€ 95,960) Unchanged	▼ 12%

Key figures of MCSD, 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 MCSD?

What happened at MCSD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 22, 2026 New annual accounts for financial year 2025: profit of € 20,082 (▲ 72% vs 2024). Source: NBB ↗
Oct 1, 2017 New establishment in Hannut. KBO
2017 Olivier Ghenne became a director. NBB
Sep 13, 2017 Start of the company according to the CBE. KBO

In short

From € 3,241 loss in 2022 to € 20,082 profit in 2025.

Paid € 20,790 in corporate taxes since 2022.

Best year ever: 2023, with € 33,174 profit.

Paid out € 72,300 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Olivier Ghenne

MCSD

ISOR Group

Behind MCSD is Olivier Ghenne. Olivier Ghenne is also behind ISOR Group.

Directors

According to the 2025 annual accounts

Olivier Ghenne

Director

Also active at: ISOR Group

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de l'Enfer (THIS) 24

4280 Hannut

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0680.979.491

VAT number

BE 0680.979.491

Registered office

Rue de l'Enfer (THIS) 24, 4280 Hannut

Names & denominations

MCSD

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

13 September 2017

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Adviesbureaus op het gebied van public relations en communicatie

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Arbeidsbemiddeling

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

MCSD

Financials

What happened to MCSD?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions