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 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MD2 DISTRIBUTION from Pelt, company number BE0799372248, closed financial year 2025 with a result of € -62,479 after tax. For that financial year MD2 DISTRIBUTION recorded a gross margin of € -40,922 and equity of € -66,334. Compared with financial year 2024, the result moved from € -2,248 to € -62,479. 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 October 29, 2026.
€ -66,334
▼ € 62,479 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,479
▼ 2680 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,240
▲ 130% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -69,334.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 12,038
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,269
Supplier invoices still open on the last day of the fiscal year.
€ 4,535
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -4,578 | € -2,147 | € -40,922 | ▼ € 38,775 |
| Profit after taxes | € -4,607 | € -2,248 | € -62,479 | ▼ € 60,231 |
| Equity | € -1,607 | € -3,855 | € -66,334 | ▼ € 62,479 |
| Total debts | € 4,862 | € 5,862 | € 168,752 | ▲ € 162,889 |
| Cash | € 2,842 | € 1,406 | € 3,240 | ▲ 130% |
| Retained profit | € -4,607 | € -6,855 | € -69,334 | ▼ € 62,479 |
| Balance sheet total | € 3,256 | € 2,008 | € 102,418 | ▲ € 100,410 |
| Employees (FTE) | - | - | 0.3 |
By gross margin, MD2 DISTRIBUTION ranks 4th of 4 companies with main activity “Overige activiteiten op het gebied van drukwerk” in Pelt that publish figures (fiscal year 2025).
Key figures of MD2 DISTRIBUTION, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about MD2 DISTRIBUTION the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to MD2 DISTRIBUTION?
What happened at MD2 DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 62,479. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Pelt. KBO
- Martin Downer became a director. NBB
In short
From € 4,607 loss in 2023 to € 62,479 loss in 2025.
Management
Behind MD2 DISTRIBUTION is Martin Downer. Martin Downer is also behind Substance Europe.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Lodewijk De Raetlaan 12A
3900 Pelt
Lodewijk De Raetlaan 12 box A
3900 Pelt
Active since 9 March 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Similar companies in Pelt
Same main activity (Overige activiteiten op het gebied van drukwerk), 3 active companies in Pelt, largest first.
€ 1.4 million gross margin · 2025
€ 331,408 gross margin · 2025
€ 128,413 gross margin · 2025
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 ↗- DOWNER Martin Clive(oprichter) 100%
Details
- Company number
- 0799.372.248
- VAT number
- BE 0799.372.248
- Registered office
- Lodewijk De Raetlaan 12A, 3900 Pelt
- Names & denominations
- MD2 DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2023
- Peppol
- Active · Active since 13 Nov 2026
- Activities · NACE
Overige activiteiten op het gebied van drukwerk
Groothandel in delen en toebehoren van motorvoertuigen
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen
Detailhandel in motorrijwielen, delen en toebehoren van motorrijwielen
Detailhandel in en onderhoud en reparatie van motorfietsen en delen en toebehoren van motorfietsen