NORMAL SITUATION

MDC

Financial year 2023 · closed on 31/12/2023
Net result
1 M €
+340.5% YoY
Gross margin
1,7 M €
+104.1% YoY
Equity
1,1 M €
+1112.9% YoY
Workforce
2,9 ETP
-50.0% YoY

Company — Normal situation.

What does MDC do?

MDC is a company registered in Belgium. It employs on average 2,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0478.622.051
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Average workforce
2,9 ETP
Joint committees (4)
  • 100
  • 200
  • 218
  • 341
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20232022202120202019201820182017201620152014201320122011201020092008
Income statement
Gross margin1,7 M €812,5 k €762,2 k €844,8 k €570,5 k €322,1 k €337,9 k €315,4 k €195,5 k €160,8 k €195,6 k €253,8 k €245,8 k €265,1 k €278,3 k €185,5 k €388,5 k €
EBITDA1,4 M €363 k €393,9 k €507,4 k €350,1 k €188,1 k €209,9 k €230,8 k €127 k €110,1 k €83,6 k €117,5 k €188,5 k €146 k €156,6 k €55,5 k €121,3 k €
Operating result1,4 M €273,2 k €304,5 k €427,9 k €295,6 k €163 k €172,8 k €229,8 k €125,6 k €105,6 k €78,9 k €105 k €165,8 k €111,7 k €133,3 k €31,6 k €73,8 k €
Net result1 M €237 k €278 k €391,3 k €288,3 k €143,2 k €162,1 k €219,1 k €80,6 k €97,1 k €70,8 k €83,2 k €222,8 k €65,8 k €86,9 k €21,5 k €30,7 k €
Balance sheet
Equity1,1 M €93,8 k €91,4 k €85 k €66,2 k €57,9 k €32,3 k €39,6 k €113,5 k €32,9 k €20,8 k €65 k €31,9 k €165,1 k €99,2 k €24,4 k €55,1 k €
Total assets1,2 M €892 k €915,5 k €1,1 M €805,4 k €764,9 k €558,5 k €286,1 k €240,8 k €236,4 k €268 k €239,2 k €276,9 k €524,4 k €297 k €253,7 k €280,1 k €
Cash26 k €47,4 k €15,5 k €112,4 k €81,5 k €49,2 k €66,9 k €100,4 k €180,7 k €164,3 k €207,7 k €133,2 k €195,3 k €273,1 k €117,1 k €33,8 k €18,9 k €
Debts22,4 k €763,9 k €807,9 k €1 M €738,9 k €707 k €526,2 k €246,4 k €126,3 k €202,3 k €245,6 k €173,2 k €243,4 k €282,1 k €125,5 k €164,2 k €164,5 k €
Other
Workforce2,9 ETP5,8 ETP5,4 ETP4,9 ETP4,1 ETP4,0 ETP2,3 ETP1,4 ETP0,9 ETP1,4 ETP2,3 ETP2,4 ETP2,2 ETP2,2 ETP2,5 ETP3,2 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 22 ended

Active mandates

DE WIT INVEST

Director · 0838.184.522

Represented by Steven De Wit

Active
T' SJAC

Director · 0684.501.284

Represented by STEPHAN THIELS

Active

Ended mandates

DE WIT INVEST

Director · since 01 janvier 2020 · 0838.184.522

Represented by Steven De Wit

Ended
DE WIT INVEST

Director · since 01 janvier 2020 · 0838.184.522

Represented by STEVEN DE WIT

Ended
T' SJAC

Manager · since 29 novembre 2017 · 0684.501.284

Represented by STEPHAN THIELS

Ended
T' SJAC

Manager · since 29 novembre 2017 · 0684.501.284

Represented by STEPHAN THIELS

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/07/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months6 months
Filing date26/07/202424/07/202331/08/202230/08/202111/09/202030/08/2019
General meeting01/03/202406/06/202307/06/202201/06/202102/06/202004/06/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202301/03/202426/07/2024DutchPDF
Abridged model31/12/202206/06/202324/07/2023DutchPDF
Abridged model31/12/202107/06/202231/08/2022DutchPDF
Abridged model31/12/202001/06/202130/08/2021DutchPDF
Abridged model31/12/201902/06/202011/09/2020DutchPDF
Abridged model31/12/201804/06/201930/08/2019DutchPDF
Abridged model30/06/201804/12/201805/02/2019DutchPDF
Micro model30/06/201730/11/201729/01/2018DutchPDF
Abridged model30/06/201606/12/201624/02/2017DutchPDF
Abridged model30/06/201501/12/201523/12/2015DutchPDF
Abridged model30/06/201402/12/201423/12/2014DutchPDF
Abridged model30/06/201303/12/201319/12/2013DutchPDF
Abridged model30/06/201204/12/201217/12/2012DutchPDF
Abridged model30/06/201119/09/201129/09/2011DutchPDF
Abridged model30/06/201007/12/201028/12/2010DutchPDF
Abridged model30/06/200901/12/200922/12/2009DutchPDF
Abridged model30/06/200802/12/200819/12/2008DutchPDF
Estimate

Indicative valuation

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 31/12/2023 · 2 active · 22 ended

Active mandates

DE WIT INVEST

Director · 0838.184.522

Represented by Steven De Wit

Active
T' SJAC

Director · 0684.501.284

Represented by STEPHAN THIELS

Active

Ended mandates

DE WIT INVEST

Director · since 01 janvier 2020 · 0838.184.522

Represented by Steven De Wit

Ended
DE WIT INVEST

Director · since 01 janvier 2020 · 0838.184.522

Represented by STEVEN DE WIT

Ended
T' SJAC

Manager · since 29 novembre 2017 · 0684.501.284

Represented by STEPHAN THIELS

Ended
T' SJAC

Manager · since 29 novembre 2017 · 0684.501.284

Represented by STEPHAN THIELS

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 20231 M €
  2. 2022
    Annual accounts 2022237 k €
  3. 2021
    Annual accounts 2021278 k €
  4. 2020
    Annual accounts 2020391,3 k €
  5. 2019
    Annual accounts 2019288,3 k €
  6. 2018
    Annual accounts 2018143,2 k €
  7. 2018
    Annual accounts 2018162,1 k €
  8. 2017
    Annual accounts 2017219,1 k €
  9. 2016
    Annual accounts 201680,6 k €
  10. 2015
    Annual accounts 201597,1 k €
  11. 2014
    Annual accounts 201470,8 k €
  12. 2013
    Annual accounts 201383,2 k €
  13. 2012
    Annual accounts 2012222,8 k €
  14. 2011
    Annual accounts 201165,8 k €
  15. 2010
    Annual accounts 201086,9 k €
  16. 2009
    Annual accounts 200921,5 k €
  17. 2008
    Annual accounts 200830,7 k €