JUDICIAL DISSOLUTION OR NULLITY

M.D. ELEKTRO

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Financial year 2025 · closed on 31/12/2025

Net result

-60 k €

-164.4% YoY

Gross margin

-11,4 k €

-320.2% YoY

Equity

4,4 k €

-93.2% YoY

Company — Judicial dissolution or nullity.

What does M.D. ELEKTRO do?

M.D. ELEKTRO is a Private limited company incorporated in 2010. Its registered office is in Waregem.

Legal situation

● Judicial dissolution or nullity

BCE/KBO no. / VAT

BE 0832.538.330

Incorporation

23/12/2010

Legal form

Private limited company

Registered office

Zultseweg 86
8790 Waregem · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2025

Joint committees (1)

31403

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	-11,4 k €	-320%	5,2 k €	+143%	-12,1 k €	-110%	122,8 k €	+11.3%	110,3 k €	+26.8%	87 k €	+3.6%	84 k €	-26.0%	113,5 k €	+55.4%	73 k €	-39.5%	120,7 k €	+88.9%	63,9 k €	-15.4%	75,5 k €	+123%	33,9 k €	+59.1%	21,3 k €	+340%	4,8 k €
EBITDA	-11,5 k €	-240%	-3,4 k €	+83.4%	-20,4 k €	-118%	114,5 k €	+14.0%	100,5 k €	+42.6%	70,5 k €	-11.9%	80 k €	-26.4%	108,7 k €	+57.0%	69,2 k €	-27.4%	95,2 k €	+96.2%	48,5 k €	-29.6%	68,9 k €	+1078%	5,9 k €	-71.5%	20,5 k €	+601%	2,9 k €
Operating result	-59,4 k €	-168%	-22,1 k €	+78.3%	-101,8 k €	-249%	68,5 k €	+53.3%	44,7 k €	+1208%	3,4 k €	-88.0%	28,5 k €	-40.2%	47,7 k €	+133%	20,5 k €	-49.0%	40,1 k €	+204%	13,2 k €	-6.5%	14,1 k €	+1296%	-1,2 k €	-109%	12,8 k €	+680%	-2,2 k €
Net result	-60 k €	-164%	-22,7 k €	+79.3%	-109,5 k €	-392%	37,5 k €	+132%	16,2 k €	+196%	-16,8 k €	-264%	10,2 k €	-52.4%	21,4 k €	+1310%	1,5 k €	-90.7%	16,4 k €	+406%	-5,3 k €	-724%	857,1 €	+118%	-4,9 k €	-174%	6,6 k €	+280%	-3,6 k €
Balance sheet
Equity	4,4 k €	-93.2%	64,3 k €	-26.1%	87 k €	-55.7%	196,6 k €	+23.6%	159 k €	+11.3%	142,9 k €	+3.1%	138,6 k €	+6.6%	130 k €	+18.0%	110,2 k €	+286%	28,6 k €	+135%	12,2 k €	-30.5%	17,5 k €	+5.1%	16,7 k €	-22.5%	21,5 k €	+43.8%	15 k €
Total assets	647,2 k €	-7.5%	699,4 k €	-1.7%	711,8 k €	-12.3%	811,4 k €	-15.6%	961,3 k €	-5.6%	1 M €	-2.7%	1 M €	+12.5%	930,9 k €	-1.9%	948,8 k €	+36.9%	693,3 k €	-6.6%	742,1 k €	-6.8%	796 k €	+915%	78,4 k €	+77.6%	44,2 k €	-2.2%	45,2 k €
Cash	–		–		0 €	-100%	48 k €	+551%	7,4 k €	+340%	1,7 k €	-89.3%	15,7 k €	+10.6%	14,2 k €	+210%	4,6 k €	-58.9%	11,1 k €	-6.2%	11,8 k €	-61.7%	30,9 k €	+45.7%	21,2 k €		–		–
Debts	573,9 k €	-0.9%	579 k €	+1.8%	568,7 k €	-7.5%	614,8 k €	-22.8%	796,5 k €	-8.4%	869,4 k €	-3.7%	902,8 k €	+13.6%	794,4 k €	-4.6%	832,5 k €	+25.3%	664,6 k €	-9.0%	730 k €	-6.1%	777,2 k €	+2050%	36,1 k €	+60.6%	22,5 k €	-25.2%	30,1 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		0,1 ETP	-90.0%	1,0 ETP		–		–		–

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Yves François

Liquidator

Active

Ended mandates

Mathias Daenekindt

Director · since 12 septembre 2019

Ended

Stephanie Demeyere

Director · since 12 septembre 2019

Ended

Stephanie DEMEYERE

Manager · since 01 octobre 2013

Ended

Mathias DAENEKINDT

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	09/07/2024	01/01/2024	01/01/2023	01/01/2022	01/01/2021
Closing of the financial year	31/12/2025	31/12/2024	08/07/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	6 months	7 months	12 months	12 months	12 months
Filing date	30/06/2026	06/08/2025	02/07/2025	03/04/2025	31/08/2023	29/08/2022
General meeting	29/06/2026	27/06/2025	19/05/2025	23/02/2025	30/06/2023	24/06/2022
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
Micro model	31/12/2025	29/06/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	06/08/2025	Dutch	PDF
Micro model	08/07/2024	19/05/2025	02/07/2025	Dutch	PDF
Micro model	31/12/2023	23/02/2025	03/04/2025	Dutch	PDF
Micro model	31/12/2022	30/06/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	23/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	20/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	09/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	31/08/2012	Dutch	PDF

Estimate

Indicative valuation

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 · 5 ended

Active mandates

Yves François

Liquidator

Active

Ended mandates

Mathias Daenekindt

Director · since 12 septembre 2019

Ended

Stephanie Demeyere

Director · since 12 septembre 2019

Ended

Stephanie DEMEYERE

Manager · since 01 octobre 2013

Ended

Mathias DAENEKINDT

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2024
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/09/2019
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares04/04/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/12/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office04/01/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/12/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office28/10/2011
MAATSCHAPPELIJKE ZETEL
PDF
Registered office25/03/2011
MAATSCHAPPELIJKE ZETEL
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 2025-60 k €↓
2024
Annual accounts 2024-22,7 k €↑
2024
Annual accounts 2024-109,5 k €↓
2023
Annual accounts 202337,5 k €↑
2023
Name changeM.D. Elektro in vereffening
2022
Annual accounts 202216,2 k €↑
2021
Annual accounts 2021-16,8 k €↓
2021
Name changeM.D. Elektro
2019
Annual accounts 201910,2 k €↓
2018
Annual accounts 201821,4 k €↑
2017
Annual accounts 20171,5 k €↓
2016
Annual accounts 201616,4 k €↑
2015
Annual accounts 2015-5,3 k €↓
2014
Annual accounts 2014857,1 €↑
2013
Annual accounts 2013-4,9 k €↓
2012
Annual accounts 20126,6 k €↑
2011
Annual accounts 2011-3,6 k €
23/12/2010
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

M.D. ELEKTRO

Overview

What does M.D. ELEKTRO do?

Trend over 15 financial years

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