Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MDworx from Waregem, company number BE0720801357, closed financial year 2025 with a result of € -10,254 after tax. For that financial year MDworx recorded a gross margin of € 2,325 and equity of € 15,641. Compared with financial year 2024, the result moved from € -6,855 to € -10,254. The company made a loss. 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 March 13, 2026.
€ 15,641
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,254
▼ 50 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,060
▲ € 2,968 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,441.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 9,827
▼ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,379
▲ € 3,222 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 209
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,499 | € 20,536 | € 6,752 | € 2,325 | ▼ 66% |
| Profit after taxes | € -1,294 | € 13,669 | € -6,855 | € -10,254 | ▼ € 3,398 |
| Equity | € 19,081 | € 32,750 | € 25,895 | € 15,641 | ▼ 40% |
| Total debts | € 11,303 | € 8,341 | € 558 | € 3,588 | ▲ € 3,030 |
| Cash | € 11,355 | € 608 | € 92 | € 3,060 | ▲ € 2,968 |
| Retained profit | € 12,881 | € 26,550 | € 19,695 | € 9,441 | ▼ 52% |
| Bank debt | € 1,288 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 30,384 | € 41,091 | € 26,453 | € 19,230 | ▼ 27% |
Key figures of MDworx, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MDworx?
What happened at MDworx in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,254. Source: NBB ↗
- New establishment in Waregem. KBO
- Drasius Maliauskas became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,294 loss in 2022 to € 10,254 loss in 2025.
Paid € 4,497 in corporate taxes since 2022.
Best year ever: 2023, with € 13,669 profit.
A new publication or filing at MDworx? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Drasius Maliauskas
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Kuipersstraat 61
8790 Waregem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0720.801.357
- VAT number
- BE 0720.801.357
- Registered office
- Kuipersstraat 61, 8790 Waregem
- Names & denominations
- MDworx
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2019
- Peppol
- Active · Active since 11 Oct 2025
- Activities · NACE
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