ACTIVE

MB Developments

Financial year 2024 · Closed on 31/12/2024

Net result70,3 k €+23,9 %over 1 year

Gross margin75,4 k €-19,9 %over 1 year

Equity936 k €+8,1 %over 1 year

Identity

Source · BCE/KBO

MB Developments is a Public limited company incorporated in 1983. Its main activity is: Development of building projects. Its registered office is in Hasselt.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0424.930.175
Incorporation: 13/12/1983
Legal form: Public limited company
Registered office: Aldestraat 44
3500 Hasselt · FlandreSee on map
Contributed capital: 300 000,00 €
Latest accounts: 31/12/2024

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	75,4 k €	-19.9%	94 k €	+497%	-23,7 k €	-693%	-3 k €	-280%	-785,3 €
EBITDA	73,6 k €	-19.9%	92 k €	+458%	-25,7 k €	+73.0%	-95,2 k €	-4740%	-2 k €
Operating result	73,6 k €	-19.9%	92 k €	+458%	-25,7 k €	+73.0%	-95,2 k €	-150%	-38,1 k €
Net result	70,3 k €	+23.9%	56,7 k €	+310%	-27 k €	+71.7%	-95,4 k €	-149%	-38,2 k €
Balance sheet
Equity	936 k €	+8.1%	865,8 k €	+7.0%	809,1 k €	-3.2%	836 k €	-10.2%	931,4 k €
Total assets	1,7 M €	-11.0%	1,9 M €	+15.1%	1,7 M €	+92.3%	863,1 k €	-9.6%	954,4 k €
Cash	5,7 k €	+203%	1,9 k €	-73.2%	7,1 k €	+1041%	618,3 €	-46.9%	1,2 k €
Debts	761,1 k €	-19.8%	948,8 k €	+11.6%	850,2 k €	+3045%	27 k €	+17.7%	23 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GROUP MC0438.856.506Represented by Caroline Maesen	Directorsince 15/12/2017Managing director15/12/2017 → 2018 accountsended
VICLO0810.393.725Represented by Willem Broux	DirectorManaging director06/10/2014 → 2014 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MC CAPITAL0871.729.201Represented by Caroline Maesen	Director06/10/2014 → 2014 accounts
Françoise Meijers	Director26/05/2011 → 2013 accounts
Luc Nouwen	Director26/05/2011 → 2013 accounts

Other companies at this address

Aldestraat 44 3500 Hasselt

Company	CBE no.
ABCz Group● Active	0819.588.632
GROUP MC● Active	0438.856.506
LAND● Active	0502.811.079
MB PROJECTS● Active	0820.848.741
SHOPCO IMMO● Active	0829.038.313

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/11/2025	31/07/2024	31/07/2023	30/07/2022	30/09/2021	31/12/2020
General meeting	29/05/2025	30/05/2024	25/05/2023	26/05/2022	27/05/2021	31/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	29/05/2025	30/11/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	31/07/2023	Dutch	PDF
Abridged model	31/12/2021	26/05/2022	30/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	30/09/2021	Dutch	PDF
Abridged model	31/12/2019	31/05/2020	31/12/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	28/08/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	19/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	04/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	07/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	30/05/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	09/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	02/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	06/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
GROUP MC0438.856.506Represented by Caroline Maesen	Directorsince 15/12/2017Managing director15/12/2017 → 2018 accountsended
VICLO0810.393.725Represented by Willem Broux	DirectorManaging director06/10/2014 → 2014 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
MC CAPITAL0871.729.201Represented by Caroline Maesen	Director06/10/2014 → 2014 accounts
Françoise Meijers	Director26/05/2011 → 2013 accounts
Luc Nouwen	Director26/05/2011 → 2013 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other31/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DOEL
PDF
Mandates29/01/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/11/2014
ontslag/benoeming bestuurders en verplaatsing maatschappelijke zetel
PDF
Mandates03/09/2014
ONTSLAG EN BENOEMING BESTUURDERS - VASTSTELLING EINDE
PDF
Mandates23/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares23/07/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates22/06/2010
ONTSLAGEN - BENOEMINGEN
PDF
Other28/01/2008
Leo Nouwen
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

GROUP MC

VICLO

MC CAPITAL

Nouiwen Consult

Luc Nouwen

Françoise Meijers

Leonardus Nouwen

Maria Cuyvers

19831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MB Developments

Aldestraat 44, 3500 Hasselt

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Aldestraat 44, 3500 HasseltCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00573261

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MB DevelopmentsCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00573261

Events

2024
Annual accounts 202470,3 k €↑
2023
Annual accounts 202356,7 k €↑
2022
Annual accounts 2022-27 k €↑
2021
Annual accounts 2021-95,4 k €↓
2020
Annual accounts 2020-38,2 k €↓
2019
Annual accounts 2019-26,2 k €↑
2018
Annual accounts 2018-55,4 k €↓
2017
Annual accounts 2017-52,2 k €↑
2016
Annual accounts 2016-69,5 k €↓
2015
Annual accounts 201532,8 k €↑
2014
Annual accounts 201410,4 k €↑
2013
Annual accounts 2013-15,8 k €↑
2012
Annual accounts 2012-108,1 k €↓
2011
Annual accounts 2011-66,8 k €↓
2010
Annual accounts 201020,5 k €↓
2009
Annual accounts 2009244,2 k €↑
2008
Annual accounts 200882,7 k €↑
2007
Annual accounts 200726,4 k €↓
2006
Annual accounts 2006110,4 k €
13/12/1983
IncorporationPublic limited company

MB Developments

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events