MDS is a repair service in Assenede. Private Limited, started on 19 December 2017, 1 establishment.

What is the address of MDS?

The registered office of MDS is located at Rijkestraat 50A, 9968 Assenede.

Yes. According to the CBE (30 October 2026) MDS is active, legal situation “Normale toestand”, started on 19 December 2017.

Is MDS registered on Peppol?

Yes, MDS is registered on the Peppol network with ID 0208:0686627663.

What is the enterprise number of MDS?

The enterprise number of MDS is BE0686627663.

When was MDS founded?

MDS was founded on 19 December 2017.

Is MDS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 December 2017; 4 annual accounts filed, latest fiscal year 2024.

How much profit did MDS make in 2024?

MDS recorded a loss after taxes of € 15,436 in financial year 2024.

What is the revenue of MDS?

As a small company, MDS is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 213,899.

How much does an employee at MDS earn?

The average wage cost per full-time employee at MDS was € 54,200 in 2024: staff costs of € 173,538 for 3.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MDS have?

According to the 2024 annual accounts, MDS has 3.2 full-time equivalents (FTE).

MDS (Private Limited) - Assenede - BE0686627663

Dossier MDS, printed on 30 October 2026 from databakkes.be/en/0686627663/mds. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 9 % of short-term debt in 2024; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 4.7 to 3.2.
Figures corrected NBB

Corrected annual account filed for 2022, 2023, 2024.
Late annual account NBB

Fiscal year 2024 was filed 361 days after the legal deadline.

Financials

Financial year 2024

MDS from Assenede, company number BE0686627663, closed financial year 2024 with a result of € -15,436 after tax. For that financial year MDS recorded a gross margin of € 213,899 and equity of € -204,265. Compared with financial year 2023, the result moved from € 2,025 to € -15,436. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.

What it is worth Caution

€ -204,265

▼ € 15,436 vs 2023

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

Loss Caution

€ -15,436

▼ still € 2,025 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 25,738

▼ 75% vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -234,265.

People and assets in 2024

Full-time equivalents

3.2

▼ 0.4 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 173,538

▼ 21% vs 2023

€ 54,200 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.

Vehicles and equipment

€ 242

▼ 98% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 250,355

▼ 12% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 426,973

▼ 26% vs 2023

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

Taxes and wages

€ 144,695

▲ 21% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 332,426 Gross margin 2021: € 332,426 First fiscal year in the series	€ 66,478 Gross margin 2022: € 66,478 ▼ 80% vs 2021 (€ 332,426) Unfavourable step	€ 212,489 Gross margin 2023: € 212,489 ▲ 220% vs 2022 (€ 66,478) Favourable step	€ 213,899 Gross margin 2024: € 213,899 ▲ 1% vs 2023 (€ 212,489) Favourable step	▲ 1%
Profit after taxes	€ -68,428 Profit after taxes 2021: € -68,428 First fiscal year in the series	€ -110,318 Profit after taxes 2022: € -110,318 ▼ € 41,890 vs 2021 (€ -68,428) Unfavourable step	€ 2,025 Profit after taxes 2023: € 2,025 ▲ € 112,343 vs 2022 (€ -110,318) Favourable step	€ -15,436 Profit after taxes 2024: € -15,436 ▼ € 17,461 vs 2023 (€ 2,025) Unfavourable step	▼ € 17,461
Equity	€ -80,536 Equity 2021: € -80,536 First fiscal year in the series	€ -190,854 Equity 2022: € -190,854 ▼ € 110,318 vs 2021 (€ -80,536) Unfavourable step	€ -188,829 Equity 2023: € -188,829 ▲ € 2,025 vs 2022 (€ -190,854) Favourable step	€ -204,265 Equity 2024: € -204,265 ▼ € 15,436 vs 2023 (€ -188,829) Unfavourable step	▼ € 15,436
Total debts	€ 1,355,492 Total debts 2021: € 1,355,492 First fiscal year in the series	€ 1,154,948 Total debts 2022: € 1,154,948 ▼ 15% vs 2021 (€ 1,355,492) Favourable step	€ 1,125,319 Total debts 2023: € 1,125,319 ▼ 3% vs 2022 (€ 1,154,948) Favourable step	€ 942,891 Total debts 2024: € 942,891 ▼ 16% vs 2023 (€ 1,125,319) Favourable step	▼ 16%
Cash	€ 101,724 Cash 2021: € 101,724 First fiscal year in the series	€ 99,880 Cash 2022: € 99,880 ▼ 2% vs 2021 (€ 101,724) Unfavourable step	€ 102,722 Cash 2023: € 102,722 ▲ 3% vs 2022 (€ 99,880) Favourable step	€ 25,738 Cash 2024: € 25,738 ▼ 75% vs 2023 (€ 102,722) Unfavourable step	▼ 75%
Retained profit	€ -110,536 Retained profit 2021: € -110,536 First fiscal year in the series	€ -220,854 Retained profit 2022: € -220,854 ▼ € 110,318 vs 2021 (€ -110,536) Unfavourable step	€ -218,829 Retained profit 2023: € -218,829 ▲ € 2,025 vs 2022 (€ -220,854) Favourable step	€ -234,265 Retained profit 2024: € -234,265 ▼ € 15,436 vs 2023 (€ -218,829) Unfavourable step	▼ € 15,436
Bank debt	€ 598,020 Bank debt 2021: € 598,020 First fiscal year in the series	€ 476,723 Bank debt 2022: € 476,723 ▼ 20% vs 2021 (€ 598,020) Favourable step	€ 284,816 Bank debt 2023: € 284,816 ▼ 40% vs 2022 (€ 476,723) Favourable step	€ 250,355 Bank debt 2024: € 250,355 ▼ 12% vs 2023 (€ 284,816) Favourable step	▼ 12%
Balance sheet total	€ 1,274,956 Balance sheet total 2021: € 1,274,956 First fiscal year in the series	€ 964,093 Balance sheet total 2022: € 964,093 ▼ 24% vs 2021 (€ 1,274,956) Unchanged	€ 936,490 Balance sheet total 2023: € 936,490 ▼ 3% vs 2022 (€ 964,093) Unchanged	€ 738,626 Balance sheet total 2024: € 738,626 ▼ 21% vs 2023 (€ 936,490) Unchanged	▼ 21%
Employees (FTE)	5 Employees (FTE) 2021: 5 First fiscal year in the series	4.7 Employees (FTE) 2022: 4.7 ▼ 0.3 vs 2021 (5) Unchanged	3.6 Employees (FTE) 2023: 3.6 ▼ 1.1 vs 2022 (4.7) Unchanged	3.2 Employees (FTE) 2024: 3.2 ▼ 0.4 vs 2023 (3.6) Unchanged	▼ 0.4

Key figures of MDS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to MDS?

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

Jul 27, 2026 Corrected annual accounts filed for financial year 2024. filed late Source: NBB ↗
Dec 19, 2017 New establishment in Assenede. KBO
Dec 19, 2017 Start of the company according to the CBE. KBO

In short

From € 68,428 loss in 2021 to € 15,436 loss in 2024.

Paid € 390 in corporate taxes since 2021.

Best year ever: 2023, with € 2,025 profit.

On average € 66,800 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Rijkestraat 50A

9968 Assenede

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

Details

Company number

0686.627.663

VAT number

BE 0686.627.663

Registered office

Rijkestraat 50A, 9968 Assenede

Names & denominations

MDS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 December 2017

Peppol

Active · Active since 2 Jun 2025

Activities · NACE

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

MDS