Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M-DENT from Jabbeke, company number BE0734694133, closed financial year 2025 with a result of € 70,787 after tax. For that financial year M-DENT recorded a gross margin of € 157,701 and equity of € 5,000. Compared with financial year 2024, the result moved from € 49,780 to € 70,787. Profitable, and profit is growing. The buffer shrank hard: equity is 96 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 5,000
▼ 96% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,787
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 29,965
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 190,128 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 23,532
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,645
▼ 27% vs 2024
Of which on lease € 34,329.
Debts at end 2025
€ 111,851
▼ 23% vs 2024
€ 31,453 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18,724
▲ 155% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,559
▼ 29% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 205,311 | € 155,322 | € 141,320 | € 157,701 | ▲ 12% |
| Profit after taxes | € 112,416 | € 69,199 | € 49,780 | € 70,787 | ▲ 42% |
| Equity | € 140,362 | € 89,561 | € 124,341 | € 5,000 | ▼ 96% |
| Total debts | € 215,684 | € 254,957 | € 174,601 | € 226,025 | ▲ 29% |
| Cash | € 200,151 | € 138,265 | € 64,097 | € 29,965 | ▼ 53% |
| Land & buildings | € 117,208 | € 96,871 | € 88,995 | € 85,490 | ▼ 4% |
| Retained profit | € 135,362 | € 84,561 | € 119,341 | € 0 | ▼ 100% |
| Dividend | € 100,000 | € 120,000 | € 15,000 | € 190,128 | ▲ € 175,128 |
| Bank debt | € 94,590 | € 129,785 | € 145,818 | € 111,851 | ▼ 23% |
| Balance sheet total | € 356,046 | € 344,517 | € 298,942 | € 231,025 | ▼ 23% |
Key figures of M-DENT, 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-DENT?
What happened at M-DENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,787 (▲ 42% vs 2024). Source: NBB ↗
- New establishment in Oostkamp. KBO
- New establishment in Jabbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 112,416 profit in 2022 to € 70,787 profit in 2025.
Paid € 85,990 in corporate taxes since 2022.
Best year ever: 2022, with € 112,416 profit.
Paid out € 425,128 in dividends to the owners in total.
Management
Behind M-DENT are MICHEL ROWAN and MARIAN HERTELEER. MICHEL ROWAN is also behind Koninklijke en Souvereine Hoofdgilde van Sint-Joris Gent.
Directors
According to the 2025 annual accounts
MARIAN HERTELEER
Director
Establishments
Establishment units
Physical locations of this company
Varsenareweg 7 box b
8490 Jabbeke
Majoor Woodstraat 11
8020 Oostkamp
Active since 20 September 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0734.694.133
- VAT number
- BE 0734.694.133
- Registered office
- Varsenareweg 7 bus b, 8490 Jabbeke
- Names & denominations
- M-DENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2019
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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