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 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDB HOLDING from Lille, company number BE0767977110, closed financial year 2025 with a result of € 2.3 million after tax. For that financial year MDB HOLDING recorded a gross margin of € 394,757 and equity of € 724,679. Compared with financial year 2024, the result moved from € 3.2 million to € 2.3 million. The company is profitable. The buffer shrank hard: equity is 79 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 724,679
▼ 79% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.3 million
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 3,424
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 875,992
▼ 32% vs 2024
€ 469,258 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 65,888
▲ 246% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,829
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,125,740 | € 1,879,108 | € 695,066 | € 394,757 | ▼ 43% |
| Profit after taxes | € 1,525,252 | € 1,353,672 | € 3,167,030 | € 2,278,725 | ▼ 28% |
| Equity | € 1,925,252 | € 3,278,924 | € 3,445,954 | € 724,679 | ▼ 79% |
| Total debts | € 4,134,581 | € 3,438,585 | € 4,666,328 | € 9,184,208 | ▲ 97% |
| Cash | € 37,284 | € 30,258 | € 17,335 | € 3,424 | ▼ 80% |
| Retained profit | € 1,525,252 | € 2,878,924 | € 3,045,954 | € 324,679 | ▼ 89% |
| Dividend | € 0 | € 0 | € 3,000,000 | € 5,000,000 | ▲ 67% |
| Bank debt | € 3,689,803 | € 2,068,735 | € 1,281,839 | € 875,992 | ▼ 32% |
| Balance sheet total | € 6,059,833 | € 6,717,509 | € 8,112,282 | € 9,908,887 | ▲ 22% |
Key figures of MDB HOLDING, 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 MDB HOLDING?
What happened at MDB HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ataraxio BV stepped down as director. NBB
- TBME BV stepped down as director. NBB
- F&F - Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.3 million (▼ 28% vs 2024). Source: NBB ↗
- F&F - Invest BV became a director. NBB
- New establishment in Lille. KBO
- Ataraxio BV became a director. NBB
- TBME BV became a director. NBB
In short
From € 1.5 million profit in 2022 to € 2.3 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.2 million profit.
Paid out € 8 million in dividends to the owners in total.
Management
The stake of MD BUILDING GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MDB HOLDINGThe shares are held by MD BUILDING GROUP (100%). It owns 100% of Dakwerken H-VM and 100% of MD Bouw itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2032
Managing director · represented by Jeffry Van den Bulck
Also active at: Dakwerken H-VM, MD BUILDING GROUP, MD-BOUW, CASA FUTURA, Bubbly-Bubbles
since 2026 · until 2032
since 2021 · until 2032
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Brulens 28B
2275 Lille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0767.977.110
- VAT number
- BE 0767.977.110
- Registered office
- Brulens 28B, 2275 Lille
- Names & denominations
- MDB HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2021
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- [email protected]
- Activities · NACE
Activiteiten van holdings
Holdings