Financials
Financial year 2025
MDware Group from Sint-Martens-Latem, company number BE0765966339, closed financial year 2025 with a result of € 11,057 after tax. For that financial year MDware Group recorded a gross margin of € 131,533 and equity of € 103,094. Compared with financial year 2024, the result moved from € 25,700 to € 11,057. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 103,094
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,057
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 17,396
▲ 199% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 41,594.
People and assets in 2025
€ 110,049
▲ 162% 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.
€ 962
▼ 55% 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.
€ 106,871
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,944
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 160,996 | € 63,054 | € 76,606 | € 131,533 | ▲ 72% |
| Profit after taxes | € -5,133 | € 9,971 | € 25,700 | € 11,057 | ▼ 57% |
| Equity | € 56,367 | € 66,337 | € 92,037 | € 103,094 | ▲ 12% |
| Total debts | € 235,389 | € 173,692 | € 153,033 | € 159,801 | ▲ 4% |
| Cash | € 24,886 | € 44,137 | € 5,823 | € 17,396 | ▲ 199% |
| Retained profit | € -5,133 | € 4,837 | € 30,537 | € 41,594 | ▲ 36% |
| Balance sheet total | € 291,756 | € 240,029 | € 245,069 | € 262,894 | ▲ 7% |
Key figures of MDware Group, 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 MDware Group?
What happened at MDware Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Victor Corthals stepped down as director. NBB
- Maximiliaan Devloo stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,057 (▼ 57% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Gent. KBO
- Victor Corthals became a director. NBB
- Maximiliaan Devloo became a director. NBB
In short
From € 5,133 loss in 2022 to € 11,057 profit in 2025.
Paid € 15,910 in corporate taxes since 2022.
Best year ever: 2024, with € 25,700 profit.
Management
Directors
According to the 2025 annual accounts
Victor Corthals
Director
since 2021 · until 2027
Maximiliaan Devloo
Managing director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 188
9830 Sint-Martens-Latem
Dok-Noord 7b box 502
9000 Gent
Active since 1 April 2021
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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
Cloudflare DNS
Domain
Domain
mdware.group
Registered
2021-03-14
Registrar
NameCheap, Inc.
Expires
2027-03-14
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DEVLOO, Maximiliaan Louis(oprichter-aandeelhouder, titularis van Aandelen A) 70%
- CORTHALS, Victor Johan(oprichter-aandeelhouder, titularis van Aandelen A) 30%
Details
- Company number
- 0765.966.339
- VAT number
- BE 0765.966.339
- Registered office
- Kortrijksesteenweg 188, 9830 Sint-Martens-Latem
- Names & denominations
- MDware Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 2021
- Peppol
- Active · Active since 24 Nov 2025
- Contact
- mdware.group [email protected]
- Activities · NACE
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