ACTIVE

MD-BOUW (SRL)

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,1 M €

-17.5% YoY

Gross margin

3,1 M €

-14.4% YoY

Equity

2,1 M €

+6.9% YoY

Workforce

21,4 ETP

-21.3% YoY

What does MD-BOUW do?

MD-BOUW is a Private limited company incorporated in 2010. Its main activity is: Construction of buildings. Its registered office is in Lille. It employs on average 21,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0826.599.257

Incorporation

11/06/2010

Legal form

Private limited company

Registered office

Brulens 28B
2275 Lille · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

21,4 ETP

Activities (NACE)

41001Construction of buildings· main 41101Development of building projects 41201Construction of residential and non-residential buildings 68121Buying and selling of own real estate

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	3,1 M €	-14.4%	3,6 M €	-34.4%	5,5 M €	+13.7%	4,9 M €	+17.5%	4,1 M €	+17.8%	3,5 M €	+107%	1,7 M €	+16.9%	1,5 M €	+22.0%	1,2 M €	+29.9%	917,5 k €	-11.4%	1 M €	+40.4%	738,1 k €	+38.6%	532,7 k €	+51.7%	351,2 k €	-43.6%	622,6 k €
EBITDA	1,9 M €	-16.0%	2,2 M €	-40.8%	3,7 M €	+4.2%	3,6 M €	+32.0%	2,7 M €	+16.3%	2,3 M €	+287%	602,5 k €	+115%	280,5 k €	+51.4%	185,2 k €	+1542%	-12,8 k €	-106%	220,8 k €	-0.7%	222,3 k €	+5.5%	210,7 k €	+221%	65,6 k €	-58.6%	158,7 k €
Operating result	1,6 M €	-16.2%	1,9 M €	-45.1%	3,4 M €	+3.6%	3,3 M €	+30.2%	2,5 M €	+16.4%	2,2 M €	+352%	476,3 k €	+195%	161,4 k €	+39.8%	115,4 k €	+229%	-89,2 k €	-156%	158,8 k €	-15.5%	188 k €	+0.7%	186,8 k €	+365%	40,1 k €	-71.0%	138,3 k €
Net result	1,1 M €	-17.5%	1,4 M €	-46.9%	2,6 M €	-7.5%	2,8 M €	+23.7%	2,3 M €	+14.5%	2 M €	+394%	400,7 k €	+233%	120,3 k €	+22.4%	98,3 k €	+236%	-72,5 k €	-159%	123,7 k €	-8.5%	135,2 k €	+20.5%	112,2 k €	+346%	25,1 k €	-71.9%	89,5 k €
Balance sheet
Equity	2,1 M €	+6.9%	1,9 M €	-24.3%	2,6 M €	-12.8%	2,9 M €	+65.9%	1,8 M €	+73.7%	1 M €	+37.8%	740,6 k €	+29.5%	571,9 k €	+26.6%	451,6 k €	+27.8%	353,3 k €	-17.0%	425,7 k €	+41.0%	302 k €	+81.0%	166,9 k €	+205%	54,7 k €	+85.1%	29,5 k €
Total assets	10,7 M €	+6.8%	10 M €	-2.8%	10,3 M €	+37.7%	7,5 M €	+19.4%	6,3 M €	+16.2%	5,4 M €	+72.5%	3,1 M €	+16.7%	2,7 M €	+24.1%	2,2 M €	+5.0%	2,1 M €	-2.5%	2,1 M €	+93.3%	1,1 M €	+63.7%	667,9 k €	+109%	319,8 k €	+40.5%	227,5 k €
Cash	1,1 M €	-60.4%	2,7 M €	-16.5%	3,2 M €	-4.8%	3,4 M €	+17.6%	2,9 M €	+8.5%	2,6 M €	+115%	1,2 M €	+55.5%	784,3 k €	+77.3%	442,3 k €	+59.6%	277,1 k €	-13.2%	319,1 k €	+63.1%	195,6 k €	+87.4%	104,4 k €	+11336%	912,7 €	-99.0%	94,9 k €
Debts	8,7 M €	+6.8%	8,1 M €	+4.3%	7,8 M €	+75.0%	4,4 M €	-1.5%	4,5 M €	+2.8%	4,4 M €	+83.3%	2,4 M €	+13.2%	2,1 M €	+23.4%	1,7 M €	+0.3%	1,7 M €	+1.6%	1,7 M €	+114%	785,5 k €	+56.8%	501 k €	+94.9%	257,1 k €	+29.9%	198 k €
Other
Workforce	21,4 ETP	-21.3%	27,2 ETP	-15.3%	32,1 ETP	+36.6%	23,5 ETP	-14.2%	27,4 ETP	+7.5%	25,5 ETP	-0.4%	25,6 ETP	-6.9%	27,5 ETP	+19.0%	23,1 ETP	+0.4%	23,0 ETP	+27.8%	18,0 ETP	+39.5%	12,9 ETP	+53.6%	8,4 ETP	+3.7%	8,1 ETP	+1.2%	8,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

F&F - Invest

Managing director · since 14 janvier 2026 · until 14 janvier 2032 · 0741.898.164

Represented by Jeffry Van den Bulck

Active

MDB HOLDING

Managing director · 0767.977.110

Represented by Bart Deckers

Active

TBME

Director · 0766.900.608

Represented by Tomas Bernaerts

Active

Ended mandates

MDB HOLDING

Managing director · since 20 mai 2021 · 0767.977.110

Represented by Bart Deckers

Ended

N3X INVESTMENTS

Director · since 20 mai 2021 · 0451.486.203

Represented by Tom Hendrickx

Ended

TBME

Director · since 20 mai 2021 · 0766.900.608

Represented by Tomas Bernaerts

Ended

BASRO

Director · since 08 juillet 2016 · 0543.347.577

Represented by Davy Matthe

Ended

At this address

Other companies at this address

Company	CBE no.
Dakwerken H-VM● Active	0534.617.082
MDB HOLDING● Active	0767.977.110
MD BUILDING GROUP● Active	0803.606.396
MD Partners Holding● Active	1031.833.837

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	14/07/2026	14/07/2025	14/07/2024	28/04/2023	25/04/2022	06/05/2021
General meeting	15/06/2026	16/06/2025	15/06/2024	03/04/2023	30/03/2022	30/04/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	14/07/2026	Dutch	PDF
Abridged model	31/12/2024	16/06/2025	14/07/2025	Dutch	PDF
Abridged model	31/12/2023	15/06/2024	14/07/2024	Dutch	PDF
Abridged model	31/12/2022	03/04/2023	28/04/2023	Dutch	PDF
Abridged model	31/12/2021	30/03/2022	25/04/2022	Dutch	PDF
Abridged model	31/12/2020	30/04/2021	06/05/2021	Dutch	PDF
Abridged model	31/12/2019	15/04/2020	27/04/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	06/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	23/08/2017	Dutch	PDF
Abridged model	31/12/2015	15/06/2016	11/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	23/06/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	29/07/2013	Dutch	PDF
Abridged modelCorrection	31/12/2011	15/06/2012	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	19/06/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 3 active · 17 ended

Active mandates

F&F - Invest

Managing director · since 14 janvier 2026 · until 14 janvier 2032 · 0741.898.164

Represented by Jeffry Van den Bulck

Active

MDB HOLDING

Managing director · 0767.977.110

Represented by Bart Deckers

Active

TBME

Director · 0766.900.608

Represented by Tomas Bernaerts

Active

Ended mandates

MDB HOLDING

Managing director · since 20 mai 2021 · 0767.977.110

Represented by Bart Deckers

Ended

N3X INVESTMENTS

Director · since 20 mai 2021 · 0451.486.203

Represented by Tom Hendrickx

Ended

TBME

Director · since 20 mai 2021 · 0766.900.608

Represented by Tomas Bernaerts

Ended

BASRO

Director · since 08 juillet 2016 · 0543.347.577

Represented by Davy Matthe

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/08/2026
Ontslag bestuurder
PDF
Other30/06/2026
—
PDF
Mandates12/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/11/2018
MAATSCHAPPELIJKE ZETEL
PDF
Registered office05/07/2018
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/09/2017
ONTSLAGEN - BENOEMINGEN
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 20251,1 M €↓
2024
Annual accounts 20241,4 M €↓
2023
Annual accounts 20232,6 M €↓
2022
Annual accounts 20222,8 M €↑
2021
Annual accounts 20212,3 M €↑
2020
Annual accounts 20202 M €↑
2019
Annual accounts 2019400,7 k €↑
2018
Annual accounts 2018120,3 k €↑
2017
Annual accounts 201798,3 k €↑
2016
Annual accounts 2016-72,5 k €↓
2015
Annual accounts 2015123,7 k €↓
2014
Annual accounts 2014135,2 k €↑
2013
Annual accounts 2013112,2 k €↑
2012
Annual accounts 201225,1 k €↓
2011
Annual accounts 201189,5 k €
11/06/2010
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-BOUW (SRL)

Overview

What does MD-BOUW do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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