ACTIVE

M.D. Plus

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Financial year 2024 · closed on 31/12/2024

Net result

-1,7 k €

-328.4% YoY

Gross margin

39,6 k €

-24.6% YoY

Equity

447,9 k €

-0.4% YoY

What does M.D. Plus do?

M.D. Plus is a Public limited company incorporated in 1994. 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

31/12/2024

Signals

Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2006
Income statement
Gross margin	39,6 k €	-24.6%	52,5 k €	-79.7%	258,8 k €	+730%	-41,1 k €	-114%	-19,2 k €	-135%	55,1 k €	+104%	27 k €	+366%	-10,2 k €	+37.2%	-16,2 k €	+79.9%	-80,6 k €	-190%	-27,8 k €	-411%	-5,4 k €	+89.2%	-50,4 k €	-124%	-22,5 k €	+66.7%	-67,6 k €	-156%	120,2 k €	-61.4%	311,6 k €
EBITDA	38,3 k €	-25.6%	51,4 k €	-80.1%	257,9 k €	+723%	-41,4 k €	-116%	-19,2 k €	-135%	54,5 k €	+122%	24,5 k €	+341%	-10,2 k €	+54.9%	-22,5 k €	+72.1%	-80,9 k €	-176%	-29,3 k €	-439%	-5,4 k €	+89.9%	-53,7 k €	-138%	-22,5 k €	+67.7%	-69,6 k €	-158%	120,2 k €	-60.7%	306,2 k €
Operating result	34,5 k €	-27.7%	47,7 k €	-81.4%	256,5 k €	+699%	-42,8 k €	-123%	-19,2 k €	-135%	54,5 k €	+122%	24,5 k €	+367%	-9,2 k €	+61.0%	-23,5 k €	+70.9%	-80,9 k €	-176%	-29,3 k €	-439%	-5,4 k €	+89.9%	-53,7 k €	-138%	-22,5 k €	+67.7%	-69,6 k €	-158%	120,2 k €	-60.7%	306,2 k €
Net result	-1,7 k €	-328%	729 €	-99.5%	138 k €	+254%	-89,6 k €	-570%	-13,4 k €	-121%	65 k €	+26.9%	51,2 k €	+73.3%	29,5 k €	+397%	5,9 k €	+130%	-20,1 k €	+32.5%	-29,8 k €	-219%	25 k €	+325%	-11,1 k €	-268%	-3 k €	+72.4%	-10,9 k €	-201%	-3,6 k €	-102%	218,8 k €
Balance sheet
Equity	447,9 k €	-0.4%	449,5 k €	+0.2%	448,8 k €	+44.4%	310,9 k €	-27.3%	427,4 k €	-3.0%	440,8 k €	+17.3%	375,8 k €	+15.8%	324,6 k €	+10.0%	295,1 k €	+2.1%	289,2 k €	-6.5%	309,3 k €	-8.8%	339,1 k €	+8.0%	314,1 k €	-3.4%	325,2 k €	-0.9%	328,2 k €	-3.2%	339,2 k €	+51.0%	224,6 k €
Total assets	900,9 k €	-1.8%	917,6 k €	-62.5%	2,4 M €	+31.9%	1,9 M €	+158%	718,4 k €	+50.0%	478,8 k €	-21.7%	611,5 k €	-11.1%	688,1 k €	+6.5%	645,8 k €	-32.6%	958,1 k €	-8.0%	1 M €	+43.4%	726 k €	+64.9%	440,3 k €	-17.0%	530,6 k €	-10.4%	592,2 k €	-21.2%	751,1 k €	+12.9%	665,5 k €
Cash	333,6 k €	+623%	46,1 k €	-97.1%	1,6 M €	+216%	507,4 k €	+100791%	502,9 €	+227%	153,8 €	+208%	50 €	-1.2%	50,6 €	-41.2%	86 €	-65.6%	250 €	+363%	54 €	-51.8%	112 €	+19.1%	94 €	-96.7%	2,9 k €	-14.2%	3,3 k €	-68.7%	10,6 k €	-76.7%	45,7 k €
Debts	453 k €	-3.0%	467,1 k €	-76.6%	2 M €	+29.6%	1,5 M €	+429%	291 k €	+665%	38 k €	-83.9%	235,7 k €	-35.1%	363,4 k €	+3.6%	350,7 k €	-47.6%	669 k €	-8.6%	732,1 k €	+89.2%	386,9 k €	+206%	126,2 k €	-38.5%	205,4 k €	-22.2%	264 k €	-35.9%	412 k €	-6.4%	440,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 15 ended

Active mandates

Brigitta Thiry

Managing director · since 21 décembre 2020 · until 26 juin 2026

Active

HOTINVEST

Director · since 21 décembre 2020 · until 26 juin 2026 · 0473.588.543

Represented by Gerald VAN DEN VEEGAETE

Active

GF PROJECTS

Director · since 01 octobre 2020 · until 01 octobre 2026 · 0425.343.911

Represented by Freddy Van den Veegaete

Active

Ended mandates

Brigitte Thiry

Director · since 01 septembre 2016

Ended

HOTINVEST

Director · since 19 décembre 2013 · until 19 décembre 2019 · 0473.588.543

Represented by Brigitte Thiry

Ended

Brigitte Thiry

Managing director · since 12 mars 2007 · until 12 mars 2013

Ended

BRIGITTE THIRY

Managing director · since 12 mars 2007 · until 11 mars 2013

Ended

At this address

Other companies at this address

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

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	28/08/2025	29/08/2024	31/08/2023	30/08/2022	31/08/2021	10/11/2020
General meeting	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021	26/06/2020
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
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

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 15 ended

Active mandates

Brigitta Thiry

Managing director · since 21 décembre 2020 · until 26 juin 2026

Active

HOTINVEST

Director · since 21 décembre 2020 · until 26 juin 2026 · 0473.588.543

Represented by Gerald VAN DEN VEEGAETE

Active

GF PROJECTS

Director · since 01 octobre 2020 · until 01 octobre 2026 · 0425.343.911

Represented by Freddy Van den Veegaete

Active

Ended mandates

Brigitte Thiry

Director · since 01 septembre 2016

Ended

HOTINVEST

Director · since 19 décembre 2013 · until 19 décembre 2019 · 0473.588.543

Represented by Brigitte Thiry

Ended

Brigitte Thiry

Managing director · since 12 mars 2007 · until 12 mars 2013

Ended

BRIGITTE THIRY

Managing director · since 12 mars 2007 · until 11 mars 2013

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

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
ONTSLAGEN - BENOEMINGEN
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

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

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

M.D. Plus

Overview

What does M.D. Plus do?

Trend over 17 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