ACTIVE

MDV DEVELOPMENT

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Financial year 2025 · closed on 30/09/2025
Net result
5,3 k €
+1364.0% YoY
Gross margin
8,9 k €
+190.1% YoY
Equity
16,5 k €
+47.1% YoY

What does MDV DEVELOPMENT do?

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
Activities (NACE)
64200Activities of holding companies· main64210Activities of holding companies70200Management consultancy activities70220Business and other management consultancy activities
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222020201920182017201620152014201320122011
Income statement
Gross margin8,9 k €3,1 k €23,3 k €12,9 k €-3,7 k €3,6 k €-2,1 k €2,8 k €4,9 k €15,4 k €29,3 k €26,5 k €28,1 k €21,8 k €
EBITDA7,5 k €2,0 k €22,4 k €6,8 k €-46,7 k €353,0 €-5,0 k €-19,0 €1,6 k €12,1 k €26,6 k €23,8 k €25,5 k €19,1 k €
Operating result6,3 k €820,7 €22,0 k €6,8 k €-46,7 k €-15,9 k €-21,2 k €-16,3 k €-14,6 k €-4,1 k €10,3 k €7,6 k €9,2 k €2,8 k €
Net result5,3 k €360,3 €5,1 k €2,7 k €-51,3 k €-18,5 k €884,9 €3,7 k €4,8 k €19,0 k €15,9 k €19,9 k €20,7 k €10,1 k €
Balance sheet
Equity16,5 k €11,2 k €10,8 k €5,8 k €375,5 k €426,8 k €445,3 k €444,4 k €440,8 k €435,9 k €416,9 k €401,0 k €381,1 k €360,4 k €
Total assets19,6 M €19,6 M €19,6 M €477,8 k €375,6 k €603,0 k €646,6 k €664,4 k €675,2 k €666,2 k €647,7 k €659,5 k €633,6 k €610,4 k €
Cash20,8 k €11,4 k €4,7 k €6,9 k €1,4 k €507,5 €1,1 k €9,3 k €4,4 k €10,1 k €351,0 €25,8 k €2,0 k €2,4 k €
Debts19,5 M €19,5 M €19,6 M €472,0 k €33,3 €176,2 k €201,3 k €219,9 k €234,5 k €230,3 k €230,8 k €256,5 k €252,5 k €250,0 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

Marie-Désirée Verstraete

Director · since 30 octobre 2021

Active

Ended mandates

VERSTRAETE CONSTRUCTO

Mandate · 0830.963.564

Represented by Christophe Verstraete

Ended
VERSTRAETE CONSTRUCTO

Director · until 30 octobre 2021 · 0830.963.564

Represented by Christophe Verstraete

Ended
VERSTRAETE CONSTRUCTO

Director · 0830.963.564

Represented by Christophe Verstraete

Ended
VERSTRAETE CONSTRUCTO

Director · 0830.963.564

Represented by Christophe Verstraete

Ended
At this address

Other companies at this address

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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
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Despiegelaere Promotions● Active
0878.167.130
doQmind● Active
0788.491.521
Annual accounts

Full financial information

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
Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

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
Estimate

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 5 ended

Active mandates

Marie-Désirée Verstraete

Director · since 30 octobre 2021

Active

Ended mandates

VERSTRAETE CONSTRUCTO

Mandate · 0830.963.564

Represented by Christophe Verstraete

Ended
VERSTRAETE CONSTRUCTO

Director · until 30 octobre 2021 · 0830.963.564

Represented by Christophe Verstraete

Ended
VERSTRAETE CONSTRUCTO

Director · 0830.963.564

Represented by Christophe Verstraete

Ended
VERSTRAETE CONSTRUCTO

Director · 0830.963.564

Represented by Christophe Verstraete

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • 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

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. 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 201519,0 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