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 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDV Design from Lasne, company number BE0739786039, closed financial year 2025 with a result of € -19,102 after tax. For that financial year MDV Design recorded a gross margin of € 178,418 and equity of € -29,402. Compared with financial year 2024, the result moved from € -48,094 to € -19,102. 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 January 31, 2026.
€ -29,402
▼ € 19,102 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,102
▲ 60 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,961
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,402.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 180,804
▲ 44% 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.
€ 11,881
▲ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 15,335
▼ 58% vs 2024
€ 11,204 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 16,901
▼ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,598
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 89,833 | € 120,811 | € 91,034 | € 178,418 | ▲ 96% |
| Profit after taxes | € 26,370 | € 17,564 | € -48,094 | € -19,102 | ▲ € 28,992 |
| Equity | € 20,229 | € 37,794 | € -10,300 | € -29,402 | ▼ € 19,102 |
| Total debts | € 50,200 | € 74,991 | € 99,875 | € 49,834 | ▼ 50% |
| Cash | € 13,669 | € 5,529 | € 7,363 | € 1,961 | ▼ 73% |
| Retained profit | € 229 | € 17,794 | € -30,300 | € -49,402 | ▼ € 19,102 |
| Bank debt | € 10,984 | € 1,376 | € 36,519 | € 15,335 | ▼ 58% |
| Balance sheet total | € 70,429 | € 112,785 | € 89,575 | € 20,432 | ▼ 77% |
Key figures of MDV Design, 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 January 2027.
What happened to MDV Design?
What happened at MDV Design in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,102. filed late Source: NBB ↗
- New establishment in Lasne. KBO
- Mike VANHEULENBERGHE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 26,370 profit in 2022 to € 19,102 loss in 2025.
Paid € 2,353 in corporate taxes since 2022.
Best year ever: 2022, with € 26,370 profit.
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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
Behind MDV Design is Mike VANHEULENBERGHE. Mike VANHEULENBERGHE is also behind M&D AGENCY and AssurProtect M&L.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Avenue du Trianon 35
1380 Lasne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0739.786.039
- VAT number
- BE 0739.786.039
- Registered office
- Avenue du Trianon 35, 1380 Lasne
- Names & denominations
- MDV Design
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2019
- Peppol
- Active · Active since 13 Jan 2026
- Contact
- [email protected]
- Activities · NACE
Schilderen van gebouwen
Schilderen van civieltechnische werken
Overige werkzaamheden in verband met de afwerking van gebouwen
Algemene bouw van residentiële gebouwen