ACTIVE

MD HANSEN

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Financial year 2025 · closed on 31/12/2025

Net result

59,8 k €

-17.7% YoY

Gross margin

114,2 k €

+5.6% YoY

Equity

372,5 k €

+19.1% YoY

What does MD HANSEN do?

MD HANSEN is a Private limited company incorporated in 2010. Its registered office is in Rixensart.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0825.394.378

Incorporation

14/04/2010

Legal form

Private limited company

Registered office

Avenue de l'Europe 37
1330 Rixensart · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	114,2 k €	+5.6%	108,2 k €	+46.9%	73,6 k €	-14.0%	85,6 k €	+19.7%	71,5 k €	+42.4%	50,2 k €	-18.6%	61,7 k €	-11.1%	69,4 k €	+11.5%	62,2 k €	+28.2%	48,5 k €	+22.3%	39,7 k €	+9.8%	36,2 k €	+9.5%	33 k €	+31.1%	25,2 k €	+39.4%	18,1 k €	-14.4%	21,1 k €
EBITDA	112,8 k €	+6.0%	106,4 k €	+46.5%	72,6 k €	-14.3%	84,8 k €	+20.0%	70,7 k €	+43.1%	49,4 k €	-18.9%	60,9 k €	-10.1%	67,7 k €	+10.2%	61,4 k €	+28.9%	47,6 k €	+22.8%	38,8 k €	+10.0%	35,3 k €	+9.7%	32,1 k €	+32.3%	24,3 k €	+45.4%	16,7 k €	-19.5%	20,8 k €
Operating result	98,6 k €	-4.3%	102,9 k €	+45.8%	70,6 k €	-8.6%	77,3 k €	+21.9%	63,4 k €	+50.6%	42,1 k €	-20.0%	52,7 k €	-11.4%	59,5 k €	-1.7%	60,5 k €	+29.5%	46,7 k €	+53.2%	30,5 k €	+12.6%	27,1 k €	+10.2%	24,6 k €	+46.8%	16,7 k €	+79.4%	9,3 k €	-55.1%	20,8 k €
Net result	59,8 k €	-17.7%	72,7 k €	+51.6%	47,9 k €	-11.5%	54,1 k €	+21.7%	44,5 k €	+63.6%	27,2 k €	-26.0%	36,7 k €	-11.9%	41,7 k €	+10.1%	37,9 k €	+34.3%	28,2 k €	+52.1%	18,5 k €	+7.0%	17,3 k €	+1.5%	17,1 k €	+53.8%	11,1 k €	+87.2%	5,9 k €	-61.4%	15,4 k €
Balance sheet
Equity	372,5 k €	+19.1%	312,7 k €	+11.0%	281,6 k €	+3.7%	271,5 k €	+3.4%	262,6 k €	-0.2%	263,2 k €	+11.5%	236 k €	+18.4%	199,3 k €	+26.5%	157,6 k €	+31.6%	119,7 k €	+30.8%	91,5 k €	+25.4%	73 k €	+31.1%	55,7 k €	+44.2%	38,6 k €	+40.4%	27,5 k €	+27.5%	21,6 k €
Total assets	526,4 k €	+13.2%	464,9 k €	+20.2%	386,8 k €	+15.1%	336 k €	-6.0%	357,4 k €	+17.4%	304,4 k €	+9.8%	277,2 k €	+19.0%	233 k €	+32.8%	175,5 k €	+19.8%	146,4 k €	+32.2%	110,7 k €	+18.1%	93,8 k €	+13.8%	82,4 k €	+20.4%	68,4 k €	+8.4%	63,1 k €	+0.2%	63 k €
Cash	101,3 k €	+100%	50,6 k €	+43.3%	35,3 k €	-7.2%	38 k €	-67.2%	116 k €	+16.7%	99,4 k €	+18.1%	84,1 k €	+71.0%	49,2 k €	-67.0%	149,2 k €	+7.4%	138,9 k €	+37.4%	101,2 k €	+28.9%	78,4 k €	+31.3%	59,7 k €	+56.2%	38,3 k €	+65.3%	23,1 k €	+5.8%	21,9 k €
Debts	147,7 k €	+1.0%	146,2 k €	+42.5%	102,6 k €	+65.8%	61,9 k €	-33.9%	93,7 k €	+132%	40,5 k €	-0.9%	40,8 k €	+22.6%	33,3 k €	+94.6%	17,1 k €	-33.4%	25,7 k €	+40.0%	18,3 k €	-8.3%	20 k €	-23.1%	26 k €	-11.1%	29,3 k €	-17.9%	35,6 k €	-14.0%	41,4 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 · 3 ended

Active mandates

Christine Hansen

Director

Active

Ended mandates

Christine Hansen

Manager · since 10 juin 2011 · until 10 juin 2016

Ended

Christine Hansen

Manager · since 10 juin 2011

Ended

Christine Hansen

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	28/08/2025	29/08/2024	29/08/2023	29/08/2022	02/08/2021
General meeting	12/06/2026	13/06/2025	14/06/2024	09/06/2023	10/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	12/06/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	13/06/2025	28/08/2025	French	PDF
Micro model	31/12/2023	14/06/2024	29/08/2024	French	PDF
Micro model	31/12/2022	09/06/2023	29/08/2023	French	PDF
Micro model	31/12/2021	10/06/2022	29/08/2022	French	PDF
Micro model	31/12/2020	08/06/2021	02/08/2021	French	PDF
Micro model	31/12/2019	12/06/2020	31/08/2020	French	PDF
Micro model	31/12/2018	14/06/2019	30/08/2019	French	PDF
Micro model	31/12/2017	08/06/2018	20/08/2018	French	PDF
Micro model	31/12/2016	09/06/2017	24/08/2017	French	PDF
Abridged model	31/12/2015	10/06/2016	25/08/2016	French	PDF
Abridged model	31/12/2014	12/06/2015	28/08/2015	French	PDF
Abridged model	31/12/2013	13/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	14/06/2013	31/07/2013	French	PDF
Abridged model	31/12/2011	09/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	10/06/2011	30/08/2011	French	PDF

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 · 3 ended

Active mandates

Christine Hansen

Director

Active

Ended mandates

Christine Hansen

Manager · since 10 juin 2011 · until 10 juin 2016

Ended

Christine Hansen

Manager · since 10 juin 2011

Ended

Christine Hansen

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Other07/05/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 202559,8 k €↓
2024
Annual accounts 202472,7 k €↑
2023
Annual accounts 202347,9 k €↓
2023
Name changeMD Hansen
2022
Annual accounts 202254,1 k €↑
2021
Annual accounts 202144,5 k €↑
2021
Name changeMD Hansen Mauclet
2020
Annual accounts 202027,2 k €↓
2019
Annual accounts 201936,7 k €↓
2018
Annual accounts 201841,7 k €↑
2017
Annual accounts 201737,9 k €↑
2016
Annual accounts 201628,2 k €↑
2015
Annual accounts 201518,5 k €↑
2014
Annual accounts 201417,3 k €↑
2013
Annual accounts 201317,1 k €↑
2012
Annual accounts 201211,1 k €↑
2011
Annual accounts 20115,9 k €↓
2010
Annual accounts 201015,4 k €
14/04/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MD HANSEN

Overview

What does MD HANSEN do?

Trend over 16 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline