ACTIVE

MD²

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Financial year 2025 · closed on 31/12/2025
Net result
185,4 k €
+84.8% YoY
Gross margin
243,7 k €
+83.5% YoY
Equity
154,9 k €
-12.7% YoY

What does MD² do?

MD² is a Private limited company incorporated in 2019. Its registered office is in Wezembeek-Oppem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0719.954.982
Incorporation
07/02/2019
Legal form
Private limited company
Registered office
Avenue des Hortensias 11
1970 Wezembeek-Oppem · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
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 6 financial years

202520242023202220212019
Income statement
Gross margin243,7 k €132,8 k €110,9 k €116,3 k €79,3 k €45 k €
EBITDA243 k €132,1 k €110,3 k €115,7 k €78,7 k €44,6 k €
Operating result241,4 k €130,8 k €108 k €112,5 k €75,8 k €41,2 k €
Net result185,4 k €100,3 k €83,2 k €87,5 k €53,8 k €29,7 k €
Balance sheet
Equity154,9 k €177,4 k €177,4 k €177,4 k €177,4 k €42,1 k €
Total assets320,5 k €281,4 k €251,4 k €272,7 k €190,5 k €50,4 k €
Cash159,6 k €151,7 k €132,7 k €264,2 k €176,5 k €46,6 k €
Debts165,3 k €103,6 k €73,9 k €94,5 k €12,8 k €8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

David Mathieu

Director · since 07 février 2019

Active

Ended mandates

DAVID MATHIEU

Administrator - manager · since 07 février 2019

Ended
David Mathieu

Director

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date18/06/202617/06/202523/08/202409/08/202330/06/202226/07/2021
General meeting01/06/202602/06/202503/06/202405/06/202307/06/202207/06/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202618/06/2026FrenchPDF
Micro model31/12/202402/06/202517/06/2025FrenchPDF
Micro model31/12/202303/06/202423/08/2024FrenchPDF
Micro model31/12/202205/06/202309/08/2023DutchPDF
Micro model31/12/202107/06/202230/06/2022DutchPDF
Micro model31/12/202007/06/202126/07/2021DutchPDF
Micro model31/12/201902/06/202024/06/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 2 ended

Active mandates

David Mathieu

Director · since 07 février 2019

Active

Ended mandates

DAVID MATHIEU

Administrator - manager · since 07 février 2019

Ended
David Mathieu

Director

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. 2025
    Annual accounts 2025185,4 k €↑
  2. 2024
    Annual accounts 2024100,3 k €↑
  3. 2023
    Annual accounts 202383,2 k €↓
  4. 2022
    Annual accounts 202287,5 k €↑
  5. 2021
    Annual accounts 202153,8 k €↑
  6. 2019
    Annual accounts 201929,7 k €
  7. 07/02/2019
    IncorporationPrivate limited company