ACTIVE

MDM

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Financial year 2025 · closed on 30/06/2025

Net result

461,6 k €

-79.8% YoY

Revenue

615,2 k €

-1.0% YoY

Equity

43 M €

+1.1% YoY

Workforce

1,9 ETP

0.0% YoY

What does MDM do?

MDM is a Public limited company incorporated in 1989. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Sint-Martens-Latem. It employs on average 1,9 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.363.289

Incorporation

01/09/1989

Legal form

Public limited company

Registered office

Rode Beukendreef 10
9831 Sint-Martens-Latem · FlandreSee on map

Contributed capital

5 260 500,00 €

Latest accounts

30/06/2025

Average workforce

1,9 ETP

Activities (NACE)

46180Agents specialised in the sale of other particular products· main 46180Agents specialised in the sale of other particular products 51180Passenger air transport 64200Activities of holding companies 64210Activities of holding companies

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	615,2 k €	-1.0%	621,7 k €	+68.1%	369,7 k €	-2.9%	380,6 k €	-3.4%	394 k €	-3.8%	409,7 k €	-57.5%	964,7 k €	+87.0%	515,9 k €	-15.7%	612,1 k €	-36.4%	962,8 k €	-7.9%	1 M €	+31.9%	791,8 k €	-15.0%	931,6 k €	+58.6%	587,3 k €	+30.7%	449,4 k €	-44.5%	810 k €	-20.0%	1 M €	-94.8%	19,7 M €	+2937%	647,7 k €
EBITDA	-74,3 k €	+94.0%	-1,2 M €	-183%	1,5 M €	+1039%	130,4 k €	-91.0%	1,5 M €	+170%	538,5 k €	-19.1%	666 k €	+1.0%	659 k €	-18.0%	804,2 k €	-36.3%	1,3 M €	-15.2%	1,5 M €	+59.4%	933,4 k €	-38.1%	1,5 M €	+80.6%	835,4 k €	+33.8%	624,4 k €	-39.0%	1 M €	+31.3%	779,1 k €	-54.9%	1,7 M €	+226%	529 k €
Operating result	-284,1 k €	+80.3%	-1,4 M €	-214%	1,3 M €	+1237%	-110,9 k €	-109%	1,3 M €	+656%	172,2 k €	-61.9%	452,3 k €	+2.1%	442,7 k €	-25.9%	597,6 k €	-45.9%	1,1 M €	-17.1%	1,3 M €	+70.4%	781,6 k €	-42.4%	1,4 M €	+98.6%	682,9 k €	+45.9%	468,1 k €	-48.9%	916,4 k €	+45.1%	631,8 k €	-61.7%	1,6 M €	+322%	390,5 k €
Net result	461,6 k €	-79.8%	2,3 M €	-56.6%	5,3 M €	+886%	534,4 k €	-66.0%	1,6 M €	-69.5%	5,2 M €	+629%	-974,3 k €	-179%	1,2 M €	-53.2%	2,6 M €	+237%	779,6 k €	+8.8%	716,9 k €	+780%	-105,5 k €	+97.2%	-3,7 M €	-263%	-1 M €	-227%	806,1 k €	-61.3%	2,1 M €	+162%	-3,3 M €	-180%	4,2 M €	+12.6%	3,7 M €
Balance sheet
Equity	43 M €	+1.1%	42,5 M €	+5.7%	40,2 M €	+15.1%	34,9 M €	+8.2%	32,3 M €	+5.1%	30,7 M €	+19.1%	25,8 M €	-3.6%	26,8 M €	+4.8%	25,5 M €	+11.5%	22,9 M €	+3.5%	22,1 M €	+3.4%	21,4 M €	-0.5%	21,5 M €	-14.7%	25,2 M €	+2.3%	24,6 M €	+3.4%	23,8 M €	+9.6%	21,7 M €	-13.3%	25,1 M €	+22.1%	20,6 M €
Total assets	61,6 M €	-1.7%	62,7 M €	-0.1%	62,8 M €	+2.9%	61 M €	+19.2%	51,1 M €	+7.3%	47,7 M €	+16.8%	40,8 M €	-10.2%	45,4 M €	+5.3%	43,1 M €	+11.3%	38,7 M €	+5.1%	36,9 M €	-5.3%	38,9 M €	+11.6%	34,9 M €	-13.9%	40,5 M €	+4.0%	38,9 M €	-7.2%	42 M €	+12.4%	37,3 M €	-2.4%	38,2 M €	+8.5%	35,3 M €
Cash	138,8 k €	-10.8%	155,5 k €	-91.4%	1,8 M €	+1658%	102,8 k €	-43.2%	181 k €	-56.1%	411,8 k €	+158%	159,9 k €	-88.0%	1,3 M €	+446%	243,2 k €	+32.4%	183,7 k €	+110%	87,5 k €	+6.6%	82,1 k €	+31.7%	62,3 k €	-26.9%	85,2 k €	-49.7%	169,3 k €	-75.1%	680 k €	+94.8%	349,1 k €	-60.1%	875,6 k €	-43.4%	1,5 M €
Debts	18,3 M €	-7.6%	19,8 M €	-11.0%	22,3 M €	-13.2%	25,7 M €	+38.7%	18,5 M €	+9.8%	16,8 M €	+12.8%	14,9 M €	-19.8%	18,6 M €	+6.1%	17,5 M €	+11.2%	15,8 M €	+7.4%	14,7 M €	-16.2%	17,5 M €	+31.1%	13,4 M €	-12.5%	15,3 M €	+6.9%	14,3 M €	-20.8%	18 M €	+15.9%	15,6 M €	+18.6%	13,1 M €	-5.8%	13,9 M €
Other
Workforce	1,9 ETP	0.0%	1,9 ETP	+850%	0,2 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 18 ended

Active mandates

Claudette Loosveldt

Director · since 01 avril 2023

Active

DRIES BOSSUYT

Director · since 01 avril 2023 · 0833.746.672

Represented by Bossuyt DRIES

Active

Marc Dewaele

Director · since 01 avril 2023

Active

Thomas Dewaele

Managing director · since 01 avril 2023

Active

Ended mandates

DRIES BOSSUYT

Director · since 01 avril 2023 · 0833.746.672

Represented by Bossuyt DRIES

Ended

DRIES BOSSUYT

Director · since 01 avril 2023 · until 30 novembre 2027 · 0833.746.672

Represented by DRIES BOSSUYT

Ended

MARC DEWAELE

Director · since 01 avril 2023 · until 30 novembre 2027

Ended

THOMAS DEWAELE

Managing director · since 01 avril 2023 · until 30 novembre 2027

Ended

At this address

Other companies at this address

Company	CBE no.
LTS MANAGEMENT● Active	0654.865.311
VENET● Active	0724.825.174

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/12/2025	14/12/2024	11/12/2023	20/01/2023	20/12/2021	16/12/2021
General meeting	28/11/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	28/11/2025	19/12/2025	Dutch	PDF
Full model	30/06/2024	29/11/2024	14/12/2024	Dutch	PDF
Full model	30/06/2023	24/11/2023	11/12/2023	Dutch	PDF
Full model	30/06/2022	25/11/2022	20/01/2023	Dutch	PDF
Full model	30/06/2021	26/11/2021	20/12/2021	Dutch	PDF
Full modelCorrection	30/06/2020	27/11/2020	16/12/2021	Dutch	PDF
Full model	30/06/2020	27/11/2020	29/01/2021	Dutch	PDF
Full model	30/06/2019	29/11/2019	10/12/2019	Dutch	PDF
Full model	30/06/2018	30/11/2018	10/12/2018	Dutch	PDF
Full model	30/06/2017	24/11/2017	12/12/2017	Dutch	PDF
Full model	30/06/2016	25/11/2016	10/01/2017	Dutch	PDF
Full model	30/06/2015	27/11/2015	10/12/2015	Dutch	PDF
Full model	30/06/2014	28/11/2014	13/01/2015	Dutch	PDF
Full model	30/06/2013	29/11/2013	13/12/2013	Dutch	PDF
Full model	30/06/2012	30/11/2012	10/12/2012	Dutch	PDF
Full model	30/06/2011	25/11/2011	16/12/2011	Dutch	PDF
Full model	30/06/2010	26/11/2010	24/02/2011	Dutch	PDF
Full model	30/06/2009	27/11/2009	25/03/2010	Dutch	PDF
Abridged model	30/06/2008	28/11/2008	15/12/2008	Dutch	PDF
Abridged model	30/06/2007	30/11/2007	18/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

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.

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 18 ended

Active mandates

Claudette Loosveldt

Director · since 01 avril 2023

Active

DRIES BOSSUYT

Director · since 01 avril 2023 · 0833.746.672

Represented by Bossuyt DRIES

Active

Marc Dewaele

Director · since 01 avril 2023

Active

Thomas Dewaele

Managing director · since 01 avril 2023

Active

Ended mandates

DRIES BOSSUYT

Director · since 01 avril 2023 · 0833.746.672

Represented by Bossuyt DRIES

Ended

DRIES BOSSUYT

Director · since 01 avril 2023 · until 30 novembre 2027 · 0833.746.672

Represented by DRIES BOSSUYT

Ended

MARC DEWAELE

Director · since 01 avril 2023 · until 30 novembre 2027

Ended

THOMAS DEWAELE

Managing director · since 01 avril 2023 · until 30 novembre 2027

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring06/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring03/10/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares15/03/2024
KAPITAAL - AANDELEN
PDF
Mandates02/05/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring08/11/2021
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring08/11/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/09/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring07/09/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

01/07/2025
autre
2025
Annual accounts 2025461,6 k €↓
2024
Annual accounts 20242,3 M €↓
2024
Name changeM.D.M.
2023
Annual accounts 20235,3 M €↑
01/04/2023
nominationDries Bossuyt — bestuurder
01/04/2023
nominationDewaele Thomas — gedelegeerd bestuurder
2022
Annual accounts 2022534,4 k €↓
2022
Name changeMDM
2021
Annual accounts 20211,6 M €↓
2020
Annual accounts 20205,2 M €↑
2019
Annual accounts 2019-974,3 k €↓
2018
Annual accounts 20181,2 M €↓
2017
Annual accounts 20172,6 M €↑
2016
Annual accounts 2016779,6 k €↑
2015
Annual accounts 2015716,9 k €↑
2014
Annual accounts 2014-105,5 k €↑
2013
Annual accounts 2013-3,7 M €↓
2012
Annual accounts 2012-1 M €↓
2011
Annual accounts 2011806,1 k €↓
2010
Annual accounts 20102,1 M €↑
2009
Annual accounts 2009-3,3 M €↓
2008
Annual accounts 20084,2 M €↑
2007
Annual accounts 20073,7 M €
01/09/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MDM

Overview

What does MDM do?

Trend over 19 financial years

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