Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MD-AFSLUITINGEN from Izegem, company number BE0899137837, closed financial year 2025 with a result of € -57,001 after tax. For that financial year MD-AFSLUITINGEN recorded a gross margin of € 110,812 and equity of € 236,563. Compared with financial year 2024, the result moved from € -55,295 to € -57,001. 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 January 30, 2026.
€ 236,563
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -57,001
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,628
▲ € 10,842 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 217,963.
People and assets in 2025
1
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 67,938
▼ 42% vs 2024
€ 67,900 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.
€ 50,149
▼ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 268,744
▼ 24% vs 2024
€ 64,558 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 204,744
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,261
▼ 78% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 222,355 | € 239,628 | € 159,332 | € 110,812 | ▼ 30% |
| Profit after taxes | € 22,130 | € 10,735 | € -55,295 | € -57,001 | ▼ € 1,706 |
| Equity | € 347,125 | € 348,859 | € 293,564 | € 236,563 | ▼ 19% |
| Total debts | € 593,635 | € 625,292 | € 537,462 | € 479,123 | ▼ 11% |
| Cash | - | € 4,779 | € 1,786 | € 12,628 | ▲ € 10,842 |
| Land & buildings | € 144,909 | € 168,738 | € 148,224 | € 135,923 | ▼ 8% |
| Retained profit | € 328,525 | € 330,259 | € 274,964 | € 217,963 | ▼ 21% |
| Dividend | € 9,000 | € 9,000 | € 0 | € 0 | |
| Bank debt | € 426,788 | € 392,517 | € 355,393 | € 268,744 | ▼ 24% |
| Balance sheet total | € 940,760 | € 974,151 | € 831,026 | € 715,686 | ▼ 14% |
| Employees (FTE) | 2.1 | 2.2 | 2.2 | 1 | ▼ 1.2 |
Key figures of MD-AFSLUITINGEN, 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 MD-AFSLUITINGEN?
What happened at MD-AFSLUITINGEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 57,001. Source: NBB ↗
- New establishment in Izegem. KBO
- Mario De Meyer became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,130 profit in 2022 to € 57,001 loss in 2025.
Paid € 4,561 in corporate taxes since 2022.
Best year ever: 2022, with € 22,130 profit.
On average € 110,800 of value added per employee in 2025.
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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
Behind MD-AFSLUITINGEN is Mario De Meyer. The shares are held by Thimo De Meyer and Mario De Meyer.
Directors
According to the 2025 annual accounts
Mario De Meyer
Director
Is a shareholder
since 2008
Shareholders
Thimo De Meyer
Mario De Meyer · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schardouwstraat 11
8870 Izegem
Schardouwstraat 11 box 1
8870 Izegem
Active since 18 July 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0899.137.837
- VAT number
- BE 0899.137.837
- Registered office
- Schardouwstraat 11, 8870 Izegem
- Names & denominations
- MD-AFSLUITINGEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2008
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden