What is the address of MFDesign?

The registered office of MFDesign is located at Baarledorpstraat 95, 9031 Gent.

Is MFDesign still active?

Yes. According to the CBE (29 October 2026) MFDesign is active, legal situation “Normale toestand”, started on 1 June 2007.

Is MFDesign registered on Peppol?

No, MFDesign is currently not registered on the Peppol network.

What is the enterprise number of MFDesign?

The enterprise number of MFDesign is BE0889795945.

When was MFDesign founded?

MFDesign was founded on 1 June 2007.

Who are the directors of MFDesign?

According to the 2026 annual accounts, the directors of MFDesign are: Guy Mortreu, Dorine Tanghe.

Is MFDesign a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 June 2007; 5 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did MFDesign make in 2026?

MFDesign recorded a loss after taxes of € 290,003 in financial year 2026.

What is the revenue of MFDesign?

As a small company, MFDesign is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 153,496.

How much does an employee at MFDesign earn?

The average wage cost per full-time employee at MFDesign was € 35,300 in 2023: staff costs of € 53,009 for 1.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MFDesign have?

According to the 2026 annual accounts, MFDesign has 0 full-time equivalents (FTE).

MFDesign (Private Limited) - Gent - BE0889795945

Dossier MFDesign, printed on 29 October 2026 from databakkes.be/en/0889795945/mfdesign. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 30 % of short-term debt in 2026; threshold 65 %.
Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2026

MFDesign from Gent, company number BE0889795945, closed financial year 2026 with a result of € -290,003 after tax. For that financial year MFDesign recorded a gross margin of € 153,496 and equity of € 3.3 million. Compared with financial year 2025, the result moved from € 53,641 to € -290,003. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2026.

What it is worth Healthy

€ 3.3 million

▼ 8% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -290,003

▼ still € 53,641 profit in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 31,873

▼ 86% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.3 million.

People and assets in 2026

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2026

Bank debt ≈ 19 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.9 million

▼ 28% vs 2025

€ 208,609 is repaid this year. At this pace the long-term loan is gone in ≈ 19 years.

Owed to suppliers

€ 4,254

▲ € 3,347 vs 2025

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 436,704 Gross margin 2023: € 436,704 First fiscal year in the series	€ 456,575 Gross margin 2024: € 456,575 ▲ 5% vs 2023 (€ 436,704) Favourable step	€ 597,308 Gross margin 2025: € 597,308 ▲ 31% vs 2024 (€ 456,575) Favourable step	€ 153,496 Gross margin 2026: € 153,496 ▼ 74% vs 2025 (€ 597,308) Unfavourable step	▼ 74%
Profit after taxes	€ -60,568 Profit after taxes 2023: € -60,568 First fiscal year in the series	€ -130,508 Profit after taxes 2024: € -130,508 ▼ € 69,940 vs 2023 (€ -60,568) Unfavourable step	€ 53,641 Profit after taxes 2025: € 53,641 ▲ € 184,149 vs 2024 (€ -130,508) Favourable step	€ -290,003 Profit after taxes 2026: € -290,003 ▼ € 343,644 vs 2025 (€ 53,641) Unfavourable step	▼ € 343,644
Equity	€ 3,616,921 Equity 2023: € 3,616,921 First fiscal year in the series	€ 3,486,413 Equity 2024: € 3,486,413 ▼ 4% vs 2023 (€ 3,616,921) Unfavourable step	€ 3,540,054 Equity 2025: € 3,540,054 ▲ 2% vs 2024 (€ 3,486,413) Favourable step	€ 3,250,051 Equity 2026: € 3,250,051 ▼ 8% vs 2025 (€ 3,540,054) Unfavourable step	▼ 8%
Total debts	€ 10,155,166 Total debts 2023: € 10,155,166 First fiscal year in the series	€ 12,511,007 Total debts 2024: € 12,511,007 ▲ 23% vs 2023 (€ 10,155,166) Unfavourable step	€ 13,163,652 Total debts 2025: € 13,163,652 ▲ 5% vs 2024 (€ 12,511,007) Unfavourable step	€ 11,167,133 Total debts 2026: € 11,167,133 ▼ 15% vs 2025 (€ 13,163,652) Favourable step	▼ 15%
Cash	€ 49,784 Cash 2023: € 49,784 First fiscal year in the series	€ 22,479 Cash 2024: € 22,479 ▼ 55% vs 2023 (€ 49,784) Unfavourable step	€ 232,815 Cash 2025: € 232,815 ▲ € 210,336 vs 2024 (€ 22,479) Favourable step	€ 31,873 Cash 2026: € 31,873 ▼ 86% vs 2025 (€ 232,815) Unfavourable step	▼ 86%
Land & buildings	€ 5,885,780 Land & buildings 2023: € 5,885,780 First fiscal year in the series	€ 7,662,237 Land & buildings 2024: € 7,662,237 ▲ 30% vs 2023 (€ 5,885,780) Unchanged	€ 7,295,894 Land & buildings 2025: € 7,295,894 ▼ 5% vs 2024 (€ 7,662,237) Unchanged	€ 6,875,808 Land & buildings 2026: € 6,875,808 ▼ 6% vs 2025 (€ 7,295,894) Unchanged	▼ 6%
Retained profit	€ 2,649,745 Retained profit 2023: € 2,649,745 First fiscal year in the series	€ 2,519,237 Retained profit 2024: € 2,519,237 ▼ 5% vs 2023 (€ 2,649,745) Unfavourable step	€ 2,572,878 Retained profit 2025: € 2,572,878 ▲ 2% vs 2024 (€ 2,519,237) Favourable step	€ 2,282,875 Retained profit 2026: € 2,282,875 ▼ 11% vs 2025 (€ 2,572,878) Unfavourable step	▼ 11%
Bank debt	€ 8,710,110 Bank debt 2023: € 8,710,110 First fiscal year in the series	€ 10,040,952 Bank debt 2024: € 10,040,952 ▲ 15% vs 2023 (€ 8,710,110) Unfavourable step	€ 5,417,989 Bank debt 2025: € 5,417,989 ▼ 46% vs 2024 (€ 10,040,952) Favourable step	€ 3,915,401 Bank debt 2026: € 3,915,401 ▼ 28% vs 2025 (€ 5,417,989) Favourable step	▼ 28%
Balance sheet total	€ 13,804,822 Balance sheet total 2023: € 13,804,822 First fiscal year in the series	€ 16,026,526 Balance sheet total 2024: € 16,026,526 ▲ 16% vs 2023 (€ 13,804,822) Unchanged	€ 16,729,183 Balance sheet total 2025: € 16,729,183 ▲ 4% vs 2024 (€ 16,026,526) Unchanged	€ 14,431,989 Balance sheet total 2026: € 14,431,989 ▼ 14% vs 2025 (€ 16,729,183) Unchanged	▼ 14%
Employees (FTE)	1.5 Employees (FTE) 2023: 1.5 First fiscal year in the series	0.2 Employees (FTE) 2024: 0.2 ▼ 1.3 vs 2023 (1.5) Unchanged	0 Employees (FTE) 2025: 0 ▼ 0.2 vs 2024 (0.2) Unchanged	0 Employees (FTE) 2026: 0 Unchanged (0) Unchanged

Key figures of MFDesign, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to MFDesign?

What happened at MFDesign in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 1, 2026 New annual accounts for financial year 2026: loss of € 290,003 (▼ € 343,644 vs 2025). Source: NBB ↗
Jun 1, 2026 New establishment in Gent. KBO
Jul 16, 2008 New establishment in Gent. KBO
Jun 1, 2007 Start of the company according to the CBE. KBO
2007 Guy Mortreu became a director. NBB
2007 Dorine Tanghe became a director. NBB

In short

From € 60,568 loss in 2023 to € 290,003 loss in 2026.

Paid € 6,816 in corporate taxes since 2023.

Best year ever: 2025, with € 53,641 profit.

On average € 291,100 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

Guy Mortreu Dorine Tanghe

Chelsea

MORTREU GUY PROJECTS

MFDesign

Behind MFDesign are Guy Mortreu and Dorine Tanghe. Guy Mortreu is also behind Chelsea and MORTREU GUY PROJECTS.

Directors

According to the 2026 annual accounts

Guy Mortreu

Director

Also active at: Chelsea, MORTREU GUY PROJECTS

since 2007

Dorine Tanghe

Director

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Baarledorpstraat 95

9031 Gent

2.390.551.835

Gaverlandstraat 65

9031 Gent

Active since 1 June 2026

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

Chelsea same network

€ 44,382 gross margin · 2025

MORTREU GUY PROJECTS same network

€ 121,327 gross margin · 2025

VM Management Consulting

€ 70,757 gross margin · 2025

JUST RUSSEL

€ 7.9 million gross margin · 2025

M.G. Future

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0889.795.945
VAT number: BE 0889.795.945
Registered office: Baarledorpstraat 95, 9031 Gent
Names & denominations: MFDesign
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 1 June 2007
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗