ACTIVE

MDG

Financial year 2025 · Closed on 31/12/2025

Net result-24,6 k €-5,0 %over 1 year
Gross margin-4,6 k €-24,5 %over 1 year
Equity76,5 k €-24,3 %over 1 year

Identity

Source · BCE/KBO

MDG is a Public limited company incorporated in 1999. Its registered office is in Sint-Niklaas.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0467.387.471
Incorporation
22/11/1999
Legal form
Public limited company
Registered office
Elzenstraat 24
9112 Sint-Niklaas · FlandreSee on map
Contributed capital
170 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin-4,6 k €-3,7 k €-11,4 k €83,5 k €78,8 k €
EBITDA-5,6 k €-3,7 k €-11,4 k €83,5 k €77,7 k €
Operating result-19,6 k €-17,7 k €-25,4 k €43,2 k €36,7 k €
Net result-24,6 k €-23,5 k €-33,3 k €40,6 k €12 k €
Balance sheet
Equity76,5 k €101,2 k €124,6 k €157,9 k €117,4 k €
Total assets705,3 k €713,4 k €711,5 k €696,5 k €736,8 k €
Cash1,2 k €––––
Debts628,7 k €612,3 k €586,9 k €538,6 k €613,5 k €
Other
Workforce–––––

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

1 active · 14 ended

Active mandates

Marc Vael

Mandate

Active

Ended mandates

C-STRATEGY

Director · since 20 janvier 2012 · 0842.768.860

Represented by Christof Caubergs

Ended
C-STRATEGY

Director · since 10 janvier 2012 · 0842.768.860

Represented by Christof Caubergs

Ended
Christof Caubergs

Director · since 02 novembre 2010

Ended
Stefaan Buellens

Director · since 02 novembre 2010

Ended

Other companies at this address

Elzenstraat 24 9112 Sint-Niklaas
CompanyCBE no.
MDG Invest● Bankrupt
0845.466.153
SAVIKO INVEST● Active
0847.574.221

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202619/11/202506/02/202526/07/202326/07/202331/07/2021
General meeting30/07/202627/07/202505/02/202526/07/202326/07/202321/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/07/202631/07/2026DutchPDF
Micro model31/12/202427/07/202519/11/2025DutchPDF
Micro model31/12/202305/02/202506/02/2025DutchPDF
Abridged model31/12/202226/07/202326/07/2023DutchPDF
Abridged model31/12/202126/07/202326/07/2023DutchPDF
Abridged model31/12/202021/06/202131/07/2021DutchPDF
Abridged model31/12/201915/06/202022/03/2021DutchPDF
Abridged model31/12/201817/06/201930/09/2019DutchPDF
Abridged model31/12/201718/06/201831/08/2018DutchPDF
Abridged model31/12/201619/06/201704/05/2018DutchPDF
Abridged model31/03/201511/09/201516/09/2015DutchPDF
Abridged model31/03/201412/09/201430/09/2014DutchPDF
Abridged model31/03/201320/09/201331/12/2013DutchPDF
Abridged model31/03/201214/09/201218/09/2012DutchPDF
Abridged model31/03/201109/09/201115/09/2011DutchPDF
Abridged model31/03/201010/09/201001/10/2010DutchPDF
Abridged model31/03/200930/07/201019/08/2010DutchPDF
Abridged model31/03/200830/06/200930/07/2009DutchPDF
Abridged model31/03/200714/09/200711/10/2007DutchPDF

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

1 active · 14 ended

Active mandates

Marc Vael

Mandate

Active

Ended mandates

C-STRATEGY

Director · since 20 janvier 2012 · 0842.768.860

Represented by Christof Caubergs

Ended
C-STRATEGY

Director · since 10 janvier 2012 · 0842.768.860

Represented by Christof Caubergs

Ended
Christof Caubergs

Director · since 02 novembre 2010

Ended
Stefaan Buellens

Director · since 02 novembre 2010

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/04/2016
    ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other20/07/2015
    DOEL
    PDF
  • Capital / shares16/04/2014
    KAPITAAL - AANDELEN
    PDF
  • Mandates03/10/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-24,6 k €↓
  2. 2024
    Annual accounts 2024-23,5 k €↑
  3. 2023
    Annual accounts 2023-33,3 k €↓
  4. 2022
    Annual accounts 202240,6 k €↑
  5. 2021
    Annual accounts 202112 k €↑
  6. 2020
    Annual accounts 20206,1 k €↑
  7. 2019
    Annual accounts 2019-60,2 k €↓
  8. 2018
    Annual accounts 2018981,6 €↑
  9. 2017
    Annual accounts 2017-74,6 k €↓
  10. 2016
    Annual accounts 201619,9 k €↑
  11. 2015
    Annual accounts 20159,6 k €↑
  12. 2014
    Annual accounts 20147 k €↓
  13. 2013
    Annual accounts 201323,2 k €↑
  14. 2012
    Annual accounts 201219,3 k €↑
  15. 2011
    Annual accounts 201117,4 k €↓
  16. 2010
    Annual accounts 201045,6 k €↓
  17. 2009
    Annual accounts 200969,3 k €↑
  18. 2008
    Annual accounts 200862,2 k €↓
  19. 2007
    Annual accounts 200770,8 k €
  20. 22/11/1999
    IncorporationPublic limited company