Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 32.1 to 21.4.
Financials
Financial year 2025
MD-BOUW from Lille, company number BE0826599257, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year MD-BOUW recorded a gross margin of € 3.1 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 1.4 million to € 1.1 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 2.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▼ 18% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1 million paid out
88 % of the profit went to the shareholders, mostly to MDB HOLDING (100 % of the shares). That is where the money ends up.
People and assets in 2025
21.4
▼ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 13% vs 2024
€ 57,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 320,943
▼ 38% vs 2024
Of which on lease € 283,415.
Debts at end 2025
€ 805,684
▼ 39% vs 2024
€ 202,903 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4 million
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,703
▼ 47% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,865,931 | € 5,532,731 | € 3,628,979 | € 3,105,581 | ▼ 14% |
| Profit after taxes | € 2,804,091 | € 2,593,087 | € 1,376,018 | € 1,134,708 | ▼ 18% |
| Equity | € 2,942,179 | € 2,565,267 | € 1,941,284 | € 2,075,993 | ▲ 7% |
| Total debts | € 4,556,911 | € 7,763,538 | € 8,100,493 | € 8,653,273 | ▲ 7% |
| Cash | € 3,353,347 | € 3,191,889 | € 2,666,460 | € 1,056,902 | ▼ 60% |
| Land & buildings | € 33,000 | € 33,365 | € 33,166 | € 56,275 | ▲ 70% |
| Retained profit | € 2,917,179 | € 2,540,267 | € 1,916,284 | € 2,050,993 | ▲ 7% |
| Dividend | € 1,635,000 | € 2,970,000 | € 2,000,000 | € 1,000,000 | ▼ 50% |
| Bank debt | € 1,129,870 | € 1,255,389 | € 1,323,193 | € 805,684 | ▼ 39% |
| Balance sheet total | € 7,499,090 | € 10,328,805 | € 10,041,778 | € 10,729,265 | ▲ 7% |
| Employees (FTE) | 23.5 | 32.1 | 27.2 | 21.4 | ▼ 5.8 |
Key figures of MD-BOUW, fiscal years 2022 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 MD-BOUW?
What happened at MD-BOUW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- F&F - Invest BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.1 million (▼ 18% vs 2024). Source: NBB ↗
- F&F - Invest BV became a director. NBB
- New establishment in Lille. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.8 million profit in 2022 to € 1.1 million profit in 2025.
Paid € 2 million in corporate taxes since 2022.
Best year ever: 2022, with € 2.8 million profit.
On average € 145,100 of value added per employee in 2025.
Management
The stake of MDB HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MD-BOUWBehind MD-BOUW are MDB Holding NV and TBME BV. The shares are held by MDB HOLDING (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Jeffry Van den Bulck
Also active at: Dakwerken H-VM, MDB HOLDING, MD BUILDING GROUP, CASA FUTURA, Bubbly-Bubbles
since 2026 · until 2032
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brulens 28B
2275 Lille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0826.599.257
- VAT number
- BE 0826.599.257
- Registered office
- Brulens 28B, 2275 Lille
- Names & denominations
- MD-BOUW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2010
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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