ACTIVE

MDV DEVELOPMENT

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Financial year 2025 · Closed on 30/09/2025

Net result5,3 k €+1 364,0 %over 1 year
Gross margin8,9 k €+190,1 %over 1 year
Equity16,5 k €+47,1 %over 1 year

Identity

Source · BCE/KBO

MDV DEVELOPMENT is a Private limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0832.622.066
Incorporation
10/01/2011
Legal form
Private limited company
Registered office
Beneluxpark(Kor) 26 box /0051
8500 Kortrijk · FlandreSee on map
Contributed capital
2 500,00 €
Latest accounts
30/09/2025
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222020
Income statement
Gross margin8,9 k €3,1 k €23,3 k €12,9 k €-3,7 k €
EBITDA7,5 k €2 k €22,4 k €6,8 k €-46,7 k €
Operating result6,3 k €820,7 €22 k €6,8 k €-46,7 k €
Net result5,3 k €360,3 €5,1 k €2,7 k €-51,3 k €
Balance sheet
Equity16,5 k €11,2 k €10,8 k €5,8 k €375,5 k €
Total assets19,6 M €19,6 M €19,6 M €477,8 k €375,6 k €
Cash20,8 k €11,4 k €4,7 k €6,9 k €1,4 k €
Debts19,5 M €19,5 M €19,6 M €472 k €33,3 €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marie-Désirée Verstraete
Directorsince 30/10/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VERSTRAETE CONSTRUCTO0830.963.564Represented by Christophe Verstraete
Mandate2015 accountsDirectoruntil 30/10/2021

Other companies at this address

Beneluxpark(Kor) 26 8500 Kortrijk
CompanyCBE no.
9altitudes BV● Active
0802.069.244
9altitudes Engineering Solutions● Active
0802.069.442
9altitudes Enterprise Solutions● Active
0731.679.017
Adu Groep● Active
0830.783.026
AD ULTIMA● Active
0472.713.068
AD ULTIMA INVEST● Active
0879.143.662
AROES● Active
0644.569.057
ARTELCO● Active
0810.655.229
AVABEKE● Active
0687.573.117
AVARONNE● Active
0844.936.316
BTW-eenheid DESPIEGELAERE GROEP● Active
1029.290.952
CAPRICE● Bankrupt
0423.235.447
CARE TALENTS● Active
0820.126.090
Crecimiento● Active
1039.649.760
DEMSAR● Active
0734.960.585
Den Bosse● Active
1022.617.748
DENNEDUIN● Active
0451.225.687
Despiegelaere Projects● Active
0865.360.853
Despiegelaere Promotions● Active
0878.167.130
doQmind● Active
0788.491.521

Full financial information

Source · NBB
202520242023202220202019
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/01/202101/01/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202231/12/202031/12/2019
Length of the financial year12 months12 months12 months21 months12 months12 months
Filing date09/03/202614/04/202506/05/202430/04/202315/07/202121/08/2020
General meeting06/03/202607/03/202501/03/202403/03/202325/06/202126/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/09/202506/03/202609/03/2026DutchPDF
Micro model30/09/202407/03/202514/04/2025DutchPDF
Micro model30/09/202301/03/202406/05/2024DutchPDF
Micro model30/09/202203/03/202330/04/2023DutchPDF
Abridged model31/12/202025/06/202115/07/2021DutchPDF
Abridged model31/12/201926/06/202021/08/2020DutchPDF
Abridged model31/12/201828/06/201919/07/2019DutchPDF
Abridged model31/12/201729/06/201830/08/2018DutchPDF
Abridged model31/12/201630/06/201714/07/2017DutchPDF
Abridged model31/12/201524/06/201607/07/2016DutchPDF
Abridged model31/12/201426/06/201508/07/2015DutchPDF
Abridged model31/12/201327/06/201408/07/2014DutchPDF
Abridged model31/12/201228/06/201316/07/2013DutchPDF
Abridged model31/12/201129/06/201211/07/2012DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marie-Désirée Verstraete
Directorsince 30/10/2021

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
VERSTRAETE CONSTRUCTO0830.963.564Represented by Christophe Verstraete
Mandate2015 accountsDirectoruntil 30/10/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/10/2021
    WIJZIGING RECHTSVORM - BENAMING - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Registered office15/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/01/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings14 filings
Mandates
Marie-Désirée Verstraete
VERSTRAETE CONSTRUCTO
2011201220132014201520162017201820192020202120222023202420252026
MDV DEVELOPMENT
Beneluxpark(Kor) 26 bte /0051, 8500 Kortrijk
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Beneluxpark(Kor) 26 bte /0051, 8500 KortrijkCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00053302

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MDV DEVELOPMENTCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00053302

Events

  1. 2025
    Annual accounts 20255,3 k €↑
  2. 2024
    Annual accounts 2024360,3 €↓
  3. 2023
    Annual accounts 20235,1 k €↑
  4. 2022
    Annual accounts 20222,7 k €↑
  5. 2020
    Annual accounts 2020-51,3 k €↓
  6. 2019
    Annual accounts 2019-18,5 k €↓
  7. 2018
    Annual accounts 2018884,9 €↓
  8. 2017
    Annual accounts 20173,7 k €↓
  9. 2016
    Annual accounts 20164,8 k €↓
  10. 2015
    Annual accounts 201519 k €↑
  11. 2014
    Annual accounts 201415,9 k €↓
  12. 2013
    Annual accounts 201319,9 k €↓
  13. 2012
    Annual accounts 201220,7 k €↑
  14. 2011
    Annual accounts 201110,1 k €
  15. 10/01/2011
    IncorporationPrivate limited company