ACTIVE

M.D.M.

Financial year 2025 · Closed on 31/12/2025

Net result298 k €+22,0 %over 1 year

Gross margin543,5 k €+8,2 %over 1 year

Equity3,9 M €+8,3 %over 1 year

Identity

Source · BCE/KBO

M.D.M. is a Public limited company incorporated in 1990. Its main activity is: Activities of holding companies. Its registered office is in Eeklo.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0440.147.396
Incorporation: 09/02/1990
Legal form: Public limited company
Registered office: Ringlaan 9
9900 Eeklo · FlandreSee on map
Contributed capital: 768 469,93 €
Latest accounts: 31/12/2025

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70203Management consultancy activities 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 70200Management consultancy activities+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	543,5 k €	+8.2%	502,4 k €	+12.4%	446,9 k €	+5.9%	422,1 k €	+2.6%	411,3 k €
EBITDA	525 k €	+14.0%	460,7 k €	+13.7%	405,2 k €	+6.2%	381,7 k €	+3.1%	370,4 k €
Operating result	380,4 k €	+20.9%	314,7 k €	+21.5%	259 k €	+23.0%	210,5 k €	+4.7%	201 k €
Net result	298 k €	+22.0%	244,3 k €	+24.6%	196 k €	+34.2%	146,1 k €	+38.8%	105,2 k €
Balance sheet
Equity	3,9 M €	+8.3%	3,6 M €	+7.3%	3,4 M €	+6.2%	3,2 M €	+4.8%	3 M €
Total assets	4 M €	+8.8%	3,7 M €	+7.4%	3,5 M €	-5.1%	3,6 M €	+2.2%	3,6 M €
Cash	125,4 k €	-12.7%	143,7 k €	+386%	29,6 k €	-83.7%	181,7 k €	-9.1%	199,9 k €
Debts	89,3 k €	+48.5%	60,1 k €	+14.7%	52,4 k €	-87.8%	431 k €	-12.5%	492,8 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk De Tollenaere	Director01/01/2002 → 02/01/2032
Marc De Tollenaere	Director01/01/2002 → 02/01/2032
Martine De Tollenaere	Managing director23/05/2019 → 02/01/2032Director22/05/2002 → 2009 accountsended
TOLSON1031.817.803Represented by Jonas Trenson	Director02/01/2026 → 02/01/2032

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FLO & CO0831.190.030Represented by Marc De Tollenaere	Director13/11/2023 → 2024 accounts
J&F0836.042.802Represented by Dirk De Tollenaere	Director13/11/2023 → 2024 accounts
M & F INVEST0833.000.762Represented by Filip Trenson	Director13/11/2023 → 2024 accounts

Other companies at this address

Ringlaan 9 9900 Eeklo

Company	CBE no.
DE TOLLENAERE● Active	0419.965.755
NIEBLA● Active	0453.459.855
TOLSON● Active	1031.817.803

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/09/2026	16/07/2025	30/09/2024	29/09/2023	26/08/2022	08/07/2021
General meeting	22/05/2026	22/05/2025	22/05/2024	22/05/2023	23/05/2022	22/05/2021
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
Abridged model	31/12/2025	22/05/2026	30/09/2026	Dutch	PDF
Abridged model	31/12/2024	22/05/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	22/05/2024	30/09/2024	Dutch	PDF
Abridged model	31/12/2022	22/05/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	23/05/2022	26/08/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	08/07/2021	Dutch	PDF
Abridged model	31/12/2019	01/09/2020	28/10/2020	Dutch	PDF
Abridged model	31/12/2018	22/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	09/07/2018	Dutch	PDF
Micro model	31/12/2016	22/05/2017	22/08/2017	Dutch	PDF
Abridged model	31/12/2015	23/05/2016	22/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	22/05/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	22/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	22/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	09/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/05/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	22/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	22/05/2007	30/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk De Tollenaere	Director01/01/2002 → 02/01/2032
Marc De Tollenaere	Director01/01/2002 → 02/01/2032
Martine De Tollenaere	Managing director23/05/2019 → 02/01/2032Director22/05/2002 → 2009 accountsended
TOLSON1031.817.803Represented by Jonas Trenson	Director02/01/2026 → 02/01/2032

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FLO & CO0831.190.030Represented by Marc De Tollenaere	Director13/11/2023 → 2024 accounts
J&F0836.042.802Represented by Dirk De Tollenaere	Director13/11/2023 → 2024 accounts
M & F INVEST0833.000.762Represented by Filip Trenson	Director13/11/2023 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/12/2014
Herbenoeming bestuurders
PDF
Other09/02/2012
STATUTENWIJZIGING
PDF
Mandates19/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2011
ONTSLAGEN - BENOEMINGEN
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

Filings20 filings

Mandates

TOLSON

Marc De Tollenaere

Dirk De Tollenaere

Martine De Tollenaere

FLO & CO

M & F INVEST

J&F

Etienne De Tollenaere

Huguette Paepe

1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032

M.D.M.

Ringlaan 9, 9900 Eeklo

Director

Managing directorDirector

Director

bestuurderDirector

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ringlaan 9, 9900 EekloCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00539356

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
M.D.M.Current	accounts 2006 → 2025	Accounts 2025 · 2026-00539356

Events

2025
Annual accounts 2025298 k €↑
2024
Annual accounts 2024244,3 k €↑
2023
Annual accounts 2023196 k €↑
2022
Annual accounts 2022146,1 k €↑
2021
Annual accounts 2021105,2 k €↓
2020
Annual accounts 2020331,7 k €↑
2019
Annual accounts 2019125,8 k €↑
2018
Annual accounts 201891,9 k €↑
2017
Annual accounts 201787,7 k €↑
2016
Annual accounts 2016-2,5 k €↓
2015
Annual accounts 201589 k €↑
2014
Annual accounts 2014-16,4 k €↓
2013
Annual accounts 201382,4 k €↑
2012
Annual accounts 201257,5 k €↑
2011
Annual accounts 201125,8 k €↓
2010
Annual accounts 2010328,6 k €↑
2009
Annual accounts 2009277,8 k €↑
2008
Annual accounts 200820,5 k €↓
2007
Annual accounts 2007228 k €↑
2006
Annual accounts 2006127,5 k €
09/02/1990
IncorporationPublic limited company

M.D.M.

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