ACTIVE

MDB AFWERKING

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Financial year 2025 · closed on 30/09/2025
Net result
36,6 k €
+15.7% YoY
Gross margin
71,2 k €
-0.5% YoY
Equity
178,3 k €
-11.1% YoY

What does MDB AFWERKING do?

MDB AFWERKING is a Private limited company incorporated in 2015. Its registered office is in Tielt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0644.673.777
Incorporation
18/12/2015
Legal form
Private limited company
Registered office
Appelstraat 5
8700 Tielt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/09/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin71,2 k €71,6 k €83,8 k €73,5 k €31,9 k €28,2 k €40,2 k €31,1 k €59,5 k €56,5 k €
EBITDA69,4 k €62,8 k €81,5 k €71,2 k €30,4 k €26,8 k €38,3 k €29,6 k €57,6 k €55,1 k €
Operating result48,3 k €42,4 k €66,6 k €66,7 k €17,6 k €14,2 k €21,7 k €12,6 k €39 k €45,7 k €
Net result36,6 k €31,6 k €51,6 k €51,2 k €11,9 k €9,1 k €14,3 k €7,2 k €24,6 k €29,3 k €
Balance sheet
Equity178,3 k €200,6 k €170,6 k €120,6 k €109,4 k €99,1 k €91,6 k €78,9 k €72,5 k €47,9 k €
Total assets294,9 k €246,2 k €216,9 k €193 k €143 k €133,4 k €144,5 k €120,3 k €112,9 k €76,7 k €
Cash116,4 k €108,9 k €56 k €89,1 k €60,4 k €38,4 k €41,4 k €34,8 k €5,7 k €9,5 k €
Debts112,6 k €41,3 k €43,1 k €69,8 k €30,8 k €30,8 k €42,8 k €39,3 k €38,6 k €27,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Mike De Backer

Director

Active
Thibault De Backer

Director

Active

Ended mandates

Mike De Backer

Manager · since 18 décembre 2015

Ended
Mike De Backer

Mandate

Ended
Mike De Backer

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/04/202624/03/202515/04/202422/03/202307/04/202226/03/2021
General meeting31/03/202615/03/202516/03/202418/03/202319/11/202120/03/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202531/03/202615/04/2026DutchPDF
Micro model30/09/202415/03/202524/03/2025DutchPDF
Micro model30/09/202316/03/202415/04/2024DutchPDF
Micro model30/09/202218/03/202322/03/2023DutchPDF
Micro model30/09/202119/11/202107/04/2022DutchPDF
Micro model30/09/202020/03/202126/03/2021DutchPDF
Micro model30/09/201921/03/202027/03/2020DutchPDF
Micro model30/09/201816/03/201928/03/2019DutchPDF
Micro model30/09/201717/03/201829/03/2018DutchPDF
Abridged model30/09/201618/03/201724/03/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 3 ended

Active mandates

Mike De Backer

Director

Active
Thibault De Backer

Director

Active

Ended mandates

Mike De Backer

Manager · since 18 décembre 2015

Ended
Mike De Backer

Mandate

Ended
Mike De Backer

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/08/2023
    BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other25/04/2016
    DIVERSEN
    PDF
  • Other22/12/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202536,6 k €↑
  2. 2024
    Annual accounts 202431,6 k €↓
  3. 2023
    Annual accounts 202351,6 k €↑
  4. 2023
    Name changeMDB AFWERKING
  5. 2022
    Annual accounts 202251,2 k €↑
  6. 2021
    Annual accounts 202111,9 k €↑
  7. 2021
    Name changeMIKE DE BACKER
  8. 2020
    Annual accounts 20209,1 k €↓
  9. 2019
    Annual accounts 201914,3 k €↑
  10. 2018
    Annual accounts 20187,2 k €↓
  11. 2017
    Annual accounts 201724,6 k €↓
  12. 2016
    Annual accounts 201629,3 k €
  13. 18/12/2015
    IncorporationPrivate limited company