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 4 of the last 4 fiscal years.
Financials
Financial year 2025
MBDX from Mortsel, company number BE0819468569, closed financial year 2025 with a result of € 27,185 after tax. For that financial year MBDX recorded a gross margin of € 58,654 and equity of € -17,437. Compared with financial year 2024, the result moved from € 780 to € 27,185. Profitable, and profit is growing. 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 April 2, 2026.
€ -17,437
▲ € 27,185 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,185
▲ € 26,405 vs 2024
Profit after tax over the fiscal year.
€ 12,311
▲ 108% 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 € -36,037.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,990
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 80,000
Loans from banks and other lenders, long and short.
€ 1,660
▲ 123% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,668
▲ € 23,239 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,438 | € 32,124 | € 16,969 | € 58,654 | ▲ 246% |
| Profit after taxes | € -9,189 | € 23,585 | € 780 | € 27,185 | ▲ € 26,405 |
| Equity | € -68,987 | € -45,402 | € -44,622 | € -17,437 | ▲ € 27,185 |
| Total debts | € 76,894 | € 115,319 | € 129,674 | € 123,568 | ▼ 5% |
| Cash | € 1,694 | € 598 | € 5,931 | € 12,311 | ▲ 108% |
| Retained profit | € -87,587 | € -64,002 | € -63,222 | € -36,037 | ▲ € 27,185 |
| Bank debt | € 0 | € 80,000 | € 80,000 | € 80,000 | |
| Balance sheet total | € 7,907 | € 69,917 | € 85,051 | € 106,130 | ▲ 25% |
Key figures of MBDX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to MBDX?
What happened at MBDX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,185 (▲ € 26,405 vs 2024). Source: NBB ↗
- New establishment in Mortsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,189 loss in 2022 to € 27,185 profit in 2025.
Paid € 13,200 in corporate taxes since 2022.
Best year ever: 2025, with € 27,185 profit.
Management
Behind MBDX is Bart Hilda G Scheenaerts.
Directors
According to the 2025 annual accounts
Bart Hilda G Scheenaerts
Director
Establishments
Establishment units
Physical locations of this company
Van Dijckstraat 84
2640 Mortsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0819.468.569
- VAT number
- BE 0819.468.569
- Registered office
- Van Dijckstraat 84, 2640 Mortsel
- Names & denominations
- MBDX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 October 2009
- Peppol
- Active · Active since 21 Dec 2025
- Activities · NACE
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