Financials
Financial year 2025
MDG physiotherapy from Florennes, company number BE0802980450, closed financial year 2025 with a result of € 31,365 after tax. For that financial year MDG physiotherapy recorded a gross margin of € 47,798 and equity of € 43,267. Compared with financial year 2024, the result moved from € 12,043 to € 31,365. Profitable, and profit is growing. 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 July 9, 2026.
€ 43,267
▲ 264% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,365
▲ 160% vs 2024
Profit after tax over the fiscal year.
€ 21,497
▲ 87% 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 € 42,767.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 22,857
▲ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,150
€ 1,970 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 12,012
▲ € 11,588 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 796
▼ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -297 | € 19,941 | € 47,798 | ▲ 140% |
| Profit after taxes | € -641 | € 12,043 | € 31,365 | ▲ 160% |
| Equity | € -141 | € 11,902 | € 43,267 | ▲ 264% |
| Total debts | € 6,573 | € 15,873 | € 16,856 | ▲ 6% |
| Cash | € 5,385 | € 11,522 | € 21,497 | ▲ 87% |
| Retained profit | € -641 | € 11,402 | € 42,767 | ▲ 275% |
| Bank debt | € 0 | € 0 | € 3,150 | |
| Balance sheet total | € 6,432 | € 27,775 | € 60,123 | ▲ 116% |
Key figures of MDG physiotherapy, 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.
What happened to MDG physiotherapy?
What happened at MDG physiotherapy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,365 (▲ 160% vs 2024). Source: NBB ↗
- New establishment in Philippeville. KBO
- Start of the company according to the CBE. KBO
In short
From € 641 loss in 2023 to € 31,365 profit in 2025.
Paid € 12,899 in corporate taxes since 2023.
Best year ever: 2025, with € 31,365 profit.
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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 MDG physiotherapy is Michelle De Graeve.
Directors
According to the 2025 annual accounts
Michelle De Graeve
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Sartelle, Morville 5
5620 Florennes
Rue de Givet(VLG) 18 B
5600 Philippeville
Active since 21 June 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0802.980.450
- VAT number
- BE 0802.980.450
- Registered office
- Rue de la Sartelle, Morville 5, 5620 Florennes
- Names & denominations
- MDG physiotherapy
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2023
- Peppol
- Active · Active since 7 Jan 2026