Financials
Financial year 2025
MDelec from Somme-Leuze, company number BE0744993949, closed financial year 2025 with a result of € 73,874 after tax. For that financial year MDelec recorded a gross margin of € 281,973 and equity of € 320,908. Compared with financial year 2024, the result moved from € 74,418 to € 73,874. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 320,908
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,874
▼ 1% vs 2024
Profit after tax over the fiscal year.
€ 238,223
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 65,500 paid out
89 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
3.2
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 104,859
▲ 50% vs 2024
€ 32,800 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.
€ 50,482
▲ 242% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 486,903
▲ 14% vs 2024
€ 36,954 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 14,154
▼ 81% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,837
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 86,137 | € 235,673 | € 241,284 | € 281,973 | ▲ 17% |
| Profit after taxes | € 27,568 | € 122,025 | € 74,418 | € 73,874 | ▼ 1% |
| Equity | € 103,266 | € 225,291 | € 299,709 | € 320,908 | ▲ 7% |
| Total debts | € 106,291 | € 85,753 | € 570,941 | € 612,600 | ▲ 7% |
| Cash | € 21,155 | € 180,051 | € 278,343 | € 238,223 | ▼ 14% |
| Land & buildings | € 495 | € 11,415 | € 496,676 | € 518,764 | ▲ 4% |
| Retained profit | € 93,266 | € 215,291 | € 289,709 | € 298,083 | ▲ 3% |
| Dividend | € 0 | € 0 | € 0 | € 65,500 | |
| Bank debt | € 24,329 | € 17,235 | € 426,612 | € 486,903 | ▲ 14% |
| Balance sheet total | € 209,556 | € 311,044 | € 870,650 | € 933,508 | ▲ 7% |
| Employees (FTE) | 0.6 | 0.7 | 2.1 | 3.2 | ▲ 1.1 |
Key figures of MDelec, 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 MDelec?
What happened at MDelec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,874 (▼ 1% vs 2024). Source: NBB ↗
- New establishment in Somme-Leuze. KBO
- MARTIN DEMOULIN became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 27,568 profit in 2022 to € 73,874 profit in 2025.
Paid € 118,154 in corporate taxes since 2022.
Best year ever: 2023, with € 122,025 profit.
On average € 88,100 of value added per employee in 2025.
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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
MARTIN DEMOULIN
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Zone d'activités Nord, Bail. 2
5377 Somme-Leuze
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
VERIXI, BE
Website info
Features
Security
Details
- Company number
- 0744.993.949
- VAT number
- BE 0744.993.949
- Registered office
- Zone d'activités Nord, Bail. 2, 5377 Somme-Leuze
- Names & denominations
- MDelec
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 2020
- Peppol
- Active · Active since 16 Oct 2025
- Contact
- mdelec.be
- Activities · NACE
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