Financials
Financial year 2025
MDSolar from Keerbergen, company number BE0824253837, closed financial year 2025 with a result of € 47,614 after tax. For that financial year MDSolar recorded a gross margin of € 71,983 and equity of € 244,109. Compared with financial year 2024, the result moved from € -214,678 to € 47,614. 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 February 2, 2026.
€ 244,109
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,614
▲ still € 214,678 loss in 2024
Profit after tax over the fiscal year.
€ 15,228
▼ 71% 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 € 225,509.
Debts at end 2025
€ 125,000
Loans from banks and other lenders, long and short.
€ 50,991
▲ 182% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,163
▼ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,998 | € 163,104 | € -154,333 | € 71,983 | ▲ € 226,316 |
| Profit after taxes | € 133,005 | € 97,781 | € -214,678 | € 47,614 | ▲ € 262,292 |
| Equity | € 313,392 | € 411,173 | € 196,495 | € 244,109 | ▲ 24% |
| Total debts | € 717,817 | € 493,611 | € 209,134 | € 208,153 | |
| Cash | € 46,946 | € 64,756 | € 52,483 | € 15,228 | ▼ 71% |
| Retained profit | € 294,792 | € 392,573 | € 177,895 | € 225,509 | ▲ 27% |
| Bank debt | € 14,508 | € 89,000 | € 125,000 | € 125,000 | |
| Balance sheet total | € 1,031,209 | € 904,784 | € 405,629 | € 452,263 | ▲ 11% |
Key figures of MDSolar, 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 January 2027.
What happened to MDSolar?
What happened at MDSolar in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,614. filed late Source: NBB ↗
- New establishment in Keerbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 133,005 profit in 2022 to € 47,614 profit in 2025.
Paid € 144,435 in corporate taxes since 2022.
Best year ever: 2022, with € 133,005 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
Directors
According to the 2025 annual accounts
Frank Stels
Director
Establishments
Establishment units
Physical locations of this company
Rietzangersweg 1
3140 Keerbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.253.837
- VAT number
- BE 0824.253.837
- Registered office
- Rietzangersweg 1, 3140 Keerbergen
- Names & denominations
- MDSolar
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 March 2010
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Elektrotechnische installatiewerken aan gebouwen
Detailhandel in ICT-apparatuur
Overige bouwinstallatie, n.e.g.
Detailhandel in audio- en videoapparatuur in gespecialiseerde winkels
Detailhandel in elektrische huishoudapparaten in gespecialiseerde winkels
Reparatie van consumentenelektronica
Installatie van industriële machines, toestellen en werktuigen
Overige bouwinstallatie