Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDA Projects from Kortessem, company number BE0802108044, closed financial year 2025 with a result of € -3,267 after tax. For that financial year MDA Projects recorded a gross margin of € 11,441 and equity of € 4,815. Compared with financial year 2024, the result moved from € 5,083 to € -3,267. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 4,815
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,267
▼ still € 5,083 profit in 2024
Profit after tax over the fiscal year.
€ 584
▼ 84% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1,815.
People and assets in 2025
€ 730
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
€ 274,625
▲ 95% vs 2024
Loans from banks and other lenders, long and short.
€ 24,553
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,379
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 20,158 | € 11,441 | ▼ 43% |
| Profit after taxes | € 5,083 | € -3,267 | ▼ € 8,350 |
| Equity | € 8,083 | € 4,815 | ▼ 40% |
| Total debts | € 432,481 | € 378,974 | ▼ 12% |
| Cash | € 3,633 | € 584 | ▼ 84% |
| Retained profit | € 5,083 | € 1,815 | ▼ 64% |
| Bank debt | € 140,750 | € 274,625 | ▲ 95% |
| Balance sheet total | € 440,564 | € 383,789 | ▼ 13% |
Key figures of MDA Projects, fiscal years 2024 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 MDA Projects?
What happened at MDA Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,267 (▼ € 8,350 vs 2024). filed late Source: NBB ↗
- New establishment in Kortessem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,083 profit in 2024 to € 3,267 loss in 2025.
Paid € 1,379 in corporate taxes since 2024.
Best year ever: 2024, with € 5,083 profit.
A new publication or filing at MDA Projects? We notify you, reason included.
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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
Behind MDA Projects is Mauritz Appeltans.
Directors
According to the 2025 annual accounts
Mauritz Appeltans
Director
Establishments
Establishment units
Physical locations of this company
Helstraat 20 box A
3721 Kortessem
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
- 0802.108.044
- VAT number
- BE 0802.108.044
- Registered office
- Helstraat 20 bus A, 3721 Kortessem
- Names & denominations
- MDA Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2023
- Peppol
- Active · Active since 19 Feb 2025
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden
Bouwrijp maken van terreinen
Landschapsverzorging
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Plaatsen van vloer- en wandtegels
Slopen