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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MDL from Wavre, company number BE0866478036, closed financial year 2025 with a result of € -53,526 after tax. For that financial year MDL recorded a gross margin of € -38,242 and equity of € 162,596. Compared with financial year 2024, the result moved from € -56,502 to € -53,526. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 162,596
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,526
▲ 5 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,124
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 143,996.
People and assets in 2025
€ 2,036
▼ 83% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 12,840
Supplier invoices still open on the last day of the fiscal year.
€ 1,483
▼ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,073 | € 93,459 | € -29,505 | € -38,242 | ▼ € 8,737 |
| Profit after taxes | € 40,718 | € 62,736 | € -56,502 | € -53,526 | ▲ € 2,977 |
| Equity | € 209,888 | € 272,624 | € 216,122 | € 162,596 | ▼ 25% |
| Total debts | € 265,566 | € 267,215 | € 263,493 | € 274,980 | ▲ 4% |
| Cash | € 22,305 | € 55,278 | € 21,714 | € 1,124 | ▼ 95% |
| Retained profit | € 191,288 | € 254,024 | € 197,522 | € 143,996 | ▼ 27% |
| Bank debt | € 127,437 | € 9,110 | € 704 | € 0 | ▼ 100% |
| Balance sheet total | € 475,454 | € 539,839 | € 479,615 | € 437,576 | ▼ 9% |
Key figures of MDL, 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 MDL?
What happened at MDL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 53,526. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wavre. KBO
In short
From € 40,718 profit in 2022 to € 53,526 loss in 2025.
Paid € 50,755 in corporate taxes since 2022.
Best year ever: 2023, with € 62,736 profit.
Management
Behind MDL is MICHEL de LAMINNE. It owns 8% of Bertomani itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Rue des Templiers 31
1301 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0866.478.036
- VAT number
- BE 0866.478.036
- Registered office
- Rue des Templiers 31, 1301 Wavre
- Names & denominations
- MDL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 2004
- Peppol
- Active · Active since 6 Feb 2026
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