ACTIVE

MDware Group

Financial year 2024 · closed on 31/12/2024
Net result
25,7 k €
+157.8% YoY
Gross margin
76,6 k €
+21.5% YoY
Equity
92 k €
+38.7% YoY

What does MDware Group do?

MDware Group is a Public limited company incorporated in 2021. Its main activity is: Computer programming activities. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0765.966.339
Incorporation
01/04/2021
Legal form
Public limited company
Registered office
Dok-Noord 7B box 502
9000 Gent · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202420232022
Income statement
Gross margin76,6 k €63,1 k €161 k €
EBITDA34,1 k €14,3 k €-411,4 €
Operating result32,9 k €13,1 k €-1,8 k €
Net result25,7 k €10 k €-5,1 k €
Balance sheet
Equity92 k €66,3 k €56,4 k €
Total assets245,1 k €240 k €291,8 k €
Cash5,8 k €44,1 k €24,9 k €
Debts152,5 k €170,5 k €231,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 2 ended

Active mandates

Maximiliaan Devloo

Managing director · since 31 mars 2021 · until 31 mars 2027

Active
Victor Corthals

Director · since 31 mars 2021 · until 31 mars 2027

Active

Ended mandates

Maximiliaan Devloo

Managing director · since 01 avril 2021

Ended
Victor Corthals

Director · since 01 avril 2021

Ended
Annual accounts

Full financial information

202420232022
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202401/01/202301/04/2021
Closing of the financial year31/12/202431/12/202331/12/2022
Length of the financial year12 months12 months21 months
Filing date05/10/202531/08/202429/09/2023
General meeting27/06/202528/06/202430/06/2023
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202427/06/202505/10/2025DutchPDF
Micro model31/12/202328/06/202431/08/2024DutchPDF
Micro model31/12/202230/06/202329/09/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 2 ended

Active mandates

Maximiliaan Devloo

Managing director · since 31 mars 2021 · until 31 mars 2027

Active
Victor Corthals

Director · since 31 mars 2021 · until 31 mars 2027

Active

Ended mandates

Maximiliaan Devloo

Managing director · since 01 avril 2021

Ended
Victor Corthals

Director · since 01 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/08/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other06/04/2021
    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. 2024
    Annual accounts 202425,7 k €
  2. 2023
    Annual accounts 202310 k €
  3. 2022
    Annual accounts 2022-5,1 k €
  4. 01/04/2021
    IncorporationPublic limited company