Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Mdpro from Tielt, company number BE0734825478, closed financial year 2026 with a result of € 30,004 after tax. For that financial year Mdpro recorded a gross margin of € 44,510 and equity of € 43,466. Compared with financial year 2025, the result moved from € -16,189 to € 30,004. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 43,466
▲ 71% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,004
▲ still € 16,189 loss in 2025
Profit after tax over the fiscal year.
€ 4,022
▼ 48% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 12,000 paid out
40 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 719
▼ 69% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 112,517
▲ € 88,565 vs 2025
€ 22,622 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 19,277
▲ 16% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,170
▲ € 16,173 vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 23,940 | € -1,646 | € -5,418 | € 44,510 | ▲ € 49,929 |
| Profit after taxes | € 9,349 | € -15,667 | € -16,189 | € 30,004 | ▲ € 46,193 |
| Equity | € 57,318 | € 41,651 | € 25,462 | € 43,466 | ▲ 71% |
| Total debts | € 63,683 | € 114,607 | € 88,222 | € 198,016 | ▲ 124% |
| Cash | € 2,000 | € 308 | € 7,796 | € 4,022 | ▼ 48% |
| Land & buildings | € 3,354 | € 2,809 | € 2,264 | € 1,719 | ▼ 24% |
| Retained profit | € 52,318 | € 36,651 | € 20,462 | € 38,466 | ▲ 88% |
| Dividend | € 0 | € 0 | € 0 | € 12,000 | |
| Bank debt | € 24,309 | € 66,199 | € 23,952 | € 112,517 | ▲ € 88,565 |
| Balance sheet total | € 121,001 | € 156,259 | € 113,684 | € 241,482 | ▲ 112% |
Key figures of Mdpro, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Mdpro?
What happened at Mdpro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 30,004. Source: NBB ↗
- New establishment in Dentergem. KBO
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,349 profit in 2023 to € 30,004 profit in 2026.
Paid € 13,396 in corporate taxes since 2023.
Best year ever: 2026, with € 30,004 profit.
Paid out € 12,000 in dividends to the owners in total.
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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 2026 annual accounts
MICHIEL DE ROO
Director
Establishments
Establishment units
Physical locations of this company
Vinktstraat 121
8700 Tielt
Tieltseweg(Den) 56
8720 Dentergem
Active since 10 August 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0734.825.478
- VAT number
- BE 0734.825.478
- Registered office
- Vinktstraat 121, 8700 Tielt
- Names & denominations
- Mdpro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2019
- Peppol
- Active · Active since 17 Jul 2025
- Activities · NACE
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