Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
M D M from Zedelgem, company number BE0859896981, closed financial year 2025 with a result of € 64,573 after tax. For that financial year M D M recorded a gross margin of € 141,927 and equity of € -111,448. Compared with financial year 2024, the result moved from € -76,063 to € 64,573. 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 August 18, 2026.
€ -111,448
▲ € 64,572 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,573
▲ still € 76,063 loss in 2024
Profit after tax over the fiscal year.
€ 7,795
▲ 68% 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 € -311,448.
People and assets in 2025
€ 3,869
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,239
▲ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 589,961
▼ 6% vs 2024
€ 485,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 15,004
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,585
▼ 47% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -69,271 | € 35,820 | € 4,042 | € 141,927 | ▲ € 137,885 |
| Profit after taxes | € -127,129 | € -35,860 | € -76,063 | € 64,573 | ▲ € 140,636 |
| Equity | € -64,098 | € -99,958 | € -176,020 | € -111,448 | ▲ € 64,572 |
| Total debts | € 757,658 | € 660,248 | € 711,648 | € 609,550 | ▼ 14% |
| Cash | € 104,831 | € 54,346 | € 4,630 | € 7,795 | ▲ 68% |
| Land & buildings | € 214,640 | € 184,840 | € 177,937 | € 145,678 | ▼ 18% |
| Retained profit | € -264,098 | € -299,958 | € -376,020 | € -311,448 | ▲ € 64,572 |
| Bank debt | € 674,556 | € 639,556 | € 625,758 | € 589,961 | ▼ 6% |
| Balance sheet total | € 693,560 | € 560,290 | € 535,628 | € 498,102 | ▼ 7% |
Key figures of M D M, 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 M D M?
What happened at M D M in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,573. filed late Source: NBB ↗
- New establishment in Zedelgem. KBO
- New establishment in Zedelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 127,129 loss in 2022 to € 64,573 profit in 2025.
Paid € 949 in corporate taxes since 2022.
Best year ever: 2025, with € 64,573 profit.
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 66
8210 Zedelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0859.896.981
- VAT number
- BE 0859.896.981
- Registered office
- Torhoutsesteenweg 66, 8210 Zedelgem
- Names & denominations
- M D M
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 August 2003
- Peppol
- Active · Active since 18 Feb 2026
- Activities · NACE
Hotels en dergelijke accommodatie
Groothandel in wijnen en geestrijke dranken