ACTIVE

M & D INVEST

Financial year 2025 · Closed on 31/12/2025

Net result-38,6 k €-30,4 %over 1 year

Gross margin76,8 k €-20,0 %over 1 year

Equity884,4 k €-1,4 %over 1 year

Identity

Source · BCE/KBO

M & D INVEST is a Public limited company incorporated in 1988. Its main activity is: Holiday and other short-stay accommodation. Its registered office is in Lo-Reninge.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.031.439
Incorporation: 12/08/1988
Legal form: Public limited company
Registered office: Weststraat 18
8647 Lo-Reninge · FlandreSee on map
Contributed capital: 205 607,58 €
Latest accounts: 31/12/2025

Activities (NACE)

55203Holiday and other short-stay accommodation· main 55203Holiday and other short-stay accommodation

Signals

Solid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	76,8 k €	-20.0%	96 k €	-34.3%	146,2 k €	+28.0%	114,2 k €	+101%	57 k €
EBITDA	61,7 k €	-16.1%	73,5 k €	-45.1%	133,9 k €	+26.2%	106,1 k €	+111%	50,2 k €
Operating result	-10,5 k €	-68.7%	-6,2 k €	-110%	63,4 k €	+223%	-51,7 k €	-292%	26,9 k €
Net result	-38,6 k €	-30.4%	-29,6 k €	-182%	35,9 k €	+143%	-83,5 k €	-773%	12,4 k €
Balance sheet
Equity	884,4 k €	-1.4%	896,8 k €	-3.2%	926,4 k €	+4.0%	890,5 k €	-9.3%	982 k €
Total assets	1,9 M €	+2.6%	1,9 M €	-5.0%	2 M €	-1.8%	2 M €	+42.0%	1,4 M €
Cash	20 k €	-82.4%	114 k €	+32.1%	86,3 k €	-78.6%	403,4 k €	-5.9%	428,6 k €
Debts	829,8 k €	+6.7%	777,5 k €	-7.5%	840,5 k €	-8.8%	921,1 k €	+275%	245,9 k €
Other
Workforce	–		0,0 ETP		0,0 ETP		–		–

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 31/12/2025

3 active · 12 ended

Active mandates

Mieke Morlion

Director · since 29 octobre 2021 · until 29 octobre 2027

Active

Karolien Destrooper

Director · since 25 avril 2020 · until 25 avril 2026

Active

Lode Morlion

Managing director · since 25 avril 2020 · until 25 avril 2026

Active

Ended mandates

Mieke Morlion

Director · since 29 octobre 2021

Ended

Veerle Morlion

Director · since 25 avril 2020 · until 25 avril 2026

Ended

KAROLIEN DESTROOPER

Managing director · since 26 avril 2014 · until 25 avril 2020

Ended

LODE MORLION

Director · since 26 avril 2014 · until 25 avril 2020

Ended

Other companies at this address

Weststraat 18 8647 Lo-Reninge

Company	CBE no.
De Vesting● Active	0726.502.878

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Abridged model	Abridged model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	17/06/2025	10/06/2024	12/06/2023	12/07/2022	27/05/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	24/04/2021
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, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	06/06/2026	31/07/2026	Dutch	PDF
Abridged model	31/12/2024	07/06/2025	17/06/2025	Dutch	PDF
Abridged model	31/12/2023	01/06/2024	10/06/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	12/06/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	12/07/2022	Dutch	PDF
Micro model	31/12/2020	24/04/2021	27/05/2021	Dutch	PDF
Micro model	31/12/2019	25/04/2020	11/06/2020	Dutch	PDF
Micro model	31/12/2018	27/04/2019	26/07/2019	Dutch	PDF
Micro model	31/12/2017	23/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	20/05/2017	19/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/04/2016	24/08/2016	Dutch	PDF
Abridged model	31/12/2014	25/04/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	26/04/2014	07/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/04/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	28/04/2012	21/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/04/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	24/04/2010	22/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/04/2009	14/08/2009	Dutch	PDF
Abridged model	31/12/2007	26/04/2008	04/08/2008	Dutch	PDF
Abridged model	31/12/2006	28/04/2007	14/08/2007	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 31/12/2025

3 active · 12 ended

Active mandates

Mieke Morlion

Director · since 29 octobre 2021 · until 29 octobre 2027

Active

Karolien Destrooper

Director · since 25 avril 2020 · until 25 avril 2026

Active

Lode Morlion

Managing director · since 25 avril 2020 · until 25 avril 2026

Active

Ended mandates

Mieke Morlion

Director · since 29 octobre 2021

Ended

Veerle Morlion

Director · since 25 avril 2020 · until 25 avril 2026

Ended

KAROLIEN DESTROOPER

Managing director · since 26 avril 2014 · until 25 avril 2020

Ended

LODE MORLION

Director · since 26 avril 2014 · until 25 avril 2020

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/11/2021
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates01/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/11/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/07/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates23/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring24/12/2008
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/08/2008
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates08/08/2008
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-38,6 k €↓
2024
Annual accounts 2024-29,6 k €↓
2023
Annual accounts 202335,9 k €↑
2022
Annual accounts 2022-83,5 k €↓
2021
Annual accounts 202112,4 k €↓
2019
Annual accounts 2019412 k €↑
2018
Annual accounts 201810,5 k €↑
2016
Annual accounts 20167,5 k €↑
2015
Annual accounts 20153,2 k €↑
2014
Annual accounts 2014-257 €↓
2013
Annual accounts 20132,7 k €↓
2012
Annual accounts 201215,5 k €↑
2011
Annual accounts 20112 k €↑
2010
Annual accounts 2010-15 k €↓
2009
Annual accounts 2009-6,5 k €↑
2008
Annual accounts 2008-42,5 k €↓
2007
Annual accounts 200714,4 k €↑
2006
Annual accounts 200611,9 k €
12/08/1988
IncorporationPublic limited company

M & D INVEST

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