ACTIVE

M.D. Plus

Financial year 2025 · Closed on 31/12/2025

Net result-135,2 k €-8 021,3 %over 1 year

Gross margin-114,8 k €-390,0 %over 1 year

Equity312,7 k €-30,2 %over 1 year

Identity

Source · BCE/KBO

M.D. Plus is a Public limited company incorporated in 1994. Its main activity is: Buying and selling of own real estate. Its registered office is in Linter.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.200.340
Incorporation: 14/02/1994
Legal form: Public limited company
Registered office: Kasteelstraat(NRL) 12
3350 Linter · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 41101Development of building projects 41102Development of building projects 68121Buying and selling of own real estate 68122Buying and selling of own real estate+4

Signals

Solid equityLow riskGood liquidity

Financials

Source · NBB, 23 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-114,8 k €	-390%	39,6 k €	-24.6%	52,5 k €	-79.7%	258,8 k €	+730%	-41,1 k €
EBITDA	-115,8 k €	-403%	38,3 k €	-25.6%	51,4 k €	-80.1%	257,9 k €	+723%	-41,4 k €
Operating result	-118,8 k €	-444%	34,5 k €	-27.7%	47,7 k €	-81.4%	256,5 k €	+699%	-42,8 k €
Net result	-135,2 k €	-8021%	-1,7 k €	-328%	729 €	-99.5%	138 k €	+254%	-89,6 k €
Balance sheet
Equity	312,7 k €	-30.2%	447,9 k €	-0.4%	449,5 k €	+0.2%	448,8 k €	+44.4%	310,9 k €
Total assets	414,6 k €	-54.0%	900,9 k €	-1.8%	917,6 k €	-62.5%	2,4 M €	+31.9%	1,9 M €
Cash	1,3 k €	-99.6%	333,6 k €	+623%	46,1 k €	-97.1%	1,6 M €	+216%	507,4 k €
Debts	102 k €	-77.5%	453 k €	-3.0%	467,1 k €	-76.6%	2 M €	+29.6%	1,5 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitta Thiry	Managing director21/12/2020 → 25/06/2032
GF PROJECTS0425.343.911Represented by Freddy Van den Veegaete	Director01/10/2020 → 25/06/2032
HOTINVEST0473.588.543Represented by Gerald Van den Veegaete	Director01/01/2001 → 25/06/2032

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitte Thiry	Director01/09/2016 → 2019 accountsManaging directorlisted until the 2006 accounts

Other companies at this address

Kasteelstraat(NRL) 12 3350 Linter

Company	CBE no.
Archivega Architectenbureau● Active	0887.365.106
GF PROJECTS● Active	0425.343.911
HOTINVEST● Active	0473.588.543

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	28/08/2025	29/08/2024	31/08/2023	30/08/2022	31/08/2021
General meeting	24/09/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/09/2026	30/09/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	28/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	10/11/2020	Dutch	PDF
Micro modelCorrection	31/12/2018	28/06/2019	30/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	31/08/2019	Dutch	PDF
Micro modelCorrection	31/12/2017	29/06/2018	30/10/2020	Dutch	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	31/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	31/08/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	15/02/2013	27/02/2013	Dutch	PDF
Abridged model	31/12/2011	24/08/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	26/08/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	25/08/2010	17/09/2010	Dutch	PDF
Abridged model	31/12/2008	15/10/2009	21/10/2009	Dutch	PDF
Abridged model	31/12/2007	22/08/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	20/09/2007	28/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitta Thiry	Managing director21/12/2020 → 25/06/2032
GF PROJECTS0425.343.911Represented by Freddy Van den Veegaete	Director01/10/2020 → 25/06/2032
HOTINVEST0473.588.543Represented by Gerald Van den Veegaete	Director01/01/2001 → 25/06/2032

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Brigitte Thiry	Director01/09/2016 → 2019 accountsManaging directorlisted until the 2006 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/01/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/10/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/04/2007
Benoeming bestuurders
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

Filings18 filings

Mandates

GF PROJECTS

HOTINVEST

Brigitta Thiry

Brigitte Thiry

Freddy VAN DEN VEEGAETE

Gerald VAN DEN VEEGAETE

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032

M.D. Plus

Kasteelstraat(NRL) 12, 3350 Linter

Director

Managing director

DirectorManaging director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kasteelstraat(NRL) 12, 3350 LinterCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00536963

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
M.D. PlusCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00536963

Events

2025
Annual accounts 2025-135,2 k €↓
2024
Annual accounts 2024-1,7 k €↓
2023
Annual accounts 2023729 €↓
2022
Annual accounts 2022138 k €↑
2021
Annual accounts 2021-89,6 k €↓
2019
Annual accounts 2019-13,4 k €↓
2018
Annual accounts 201865 k €↑
2017
Annual accounts 201751,2 k €↑
2016
Annual accounts 201629,5 k €↑
2015
Annual accounts 20155,9 k €↑
2014
Annual accounts 2014-20,1 k €↑
2013
Annual accounts 2013-29,8 k €↓
2012
Annual accounts 201225 k €↑
2011
Annual accounts 2011-11,1 k €↓
2010
Annual accounts 2010-3 k €↑
2009
Annual accounts 2009-10,9 k €↓
2008
Annual accounts 2008-3,6 k €↓
2006
Annual accounts 2006218,8 k €
14/02/1994
IncorporationPublic limited company

M.D. Plus

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