Active · per the CBE, 16 September 2026

MDS-Line

BE0781814159

Rechtspersoon Private limited company 1 establishment

MDS-Line is a road haulage company in Pittem. Private Limited, started on 10 February 2022, 1 establishment.

Posterijlaan 4, 8740 Pittem

Behind the company: Gino DE SMET, Miguel DE SMET.

Active for

4 year, 7 months

Financials

Financial year 2025

MDS-Line from Pittem, company number BE0781814159, closed financial year 2025 with a result of € 50,413 after tax. For that financial year MDS-Line recorded a gross margin of € 123,351 and equity of € 93,893. Compared with financial year 2024, the result moved from € 42,679 to € 50,413. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.

What it is worth Healthy

€ 93,893

▼ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 50,413

▲ 18% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 81,783

▼ 23% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 60,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 56,717

▼ 36% vs 2024

Of which on lease € 55,143.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 44,399

▼ 35% vs 2024

€ 25,077 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 10,411

▼ 47% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 25,610

▲ 2% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 48,647 € 95,360 € 107,356 € 123,351 ▲ 15%
Profit after taxes € 24,879 € 31,973 € 42,679 € 50,413 ▲ 18%
Equity € 26,379 € 61,701 € 103,480 € 93,893 ▼ 9%
Total debts € 172,480 € 140,704 € 128,305 € 103,591 ▼ 19%
Cash € 12,295 € 56,354 € 106,293 € 81,783 ▼ 23%
Retained profit € 24,879 € 56,852 € 99,531 € 89,944 ▼ 10%
Dividend € 0 € 0 € 0 € 60,000
Bank debt € 121,009 € 91,281 € 68,367 € 44,399 ▼ 35%
Balance sheet total € 198,859 € 202,405 € 231,785 € 197,484 ▼ 15%

Key figures of MDS-Line, 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 MDS-Line?

What happened at MDS-Line in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 50,413 (▲ 18% vs 2024). Source: NBB ↗
  • New establishment in Torhout. KBO
  • Start of the company according to the CBE. KBO

In short

From € 24,879 profit in 2022 to € 50,413 profit in 2025.

Paid € 34,260 in corporate taxes since 2022.

Best year ever: 2025, with € 50,413 profit.

Paid out € 60,000 in dividends to the owners in total.

Management

Gino DE SMET Miguel DE SMET
MDS-Line

Behind MDS-Line are Gino DE SMET and Miguel DE SMET.

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Directors

According to the 2025 annual accounts

Gino DE SMET

Director

Miguel DE SMET

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Posterijlaan 4

8740 Pittem

2.329.761.935

Sint-Henricusstraat 41

8820 Torhout

Active since 10 February 2022

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.

Details

Company number
0781.814.159
VAT number
BE 0781.814.159
Registered office
Posterijlaan 4, 8740 Pittem
Names & denominations
MDS-Line
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
10 February 2022
Peppol
Active · Active since 22 Dec 2025
Activities · NACE

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Frequently asked questions

What does MDS-Line do?
MDS-Line is a road haulage company in Pittem. Private Limited, started on 10 February 2022, 1 establishment.
What is the address of MDS-Line?
The registered office of MDS-Line is located at Posterijlaan 4, 8740 Pittem.
Is MDS-Line still active?
Yes. According to the CBE (16 September 2026) MDS-Line is active, legal situation “Normale toestand”, started on 10 February 2022.
Is MDS-Line registered on Peppol?
Yes, MDS-Line is registered on the Peppol network with ID 0208:0781814159.
What is the enterprise number of MDS-Line?
The enterprise number of MDS-Line is BE0781814159.
When was MDS-Line founded?
MDS-Line was founded on 10 February 2022.