ACTIVE

MSD GROUP

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Financial year 2025 · Closed on 31/12/2025

Net result469,1 €+261,0 %over 1 year
Gross margin30,1 k €-23,3 %over 1 year
Equity78,2 k €+0,6 %over 1 year

Identity

Source · BCE/KBO

MSD GROUP is a Private limited company incorporated in 2012. Its main activity is: Specialised construction activities. Its registered office is in Beringen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0849.365.454
Incorporation
05/10/2012
Legal form
Private limited company
Registered office
Molendijk 53
3582 Beringen · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 12 filings

Trend over 12 financial years

20252024202320222021
Income statement
Gross margin30,1 k €39,2 k €62,9 k €57,6 k €43,5 k €
EBITDA20,6 k €34,4 k €59 k €48,5 k €38,7 k €
Operating result7,2 k €3,5 k €29 k €25,8 k €26 k €
Net result469,1 €130 €20 k €20,2 k €16,3 k €
Balance sheet
Equity78,2 k €77,7 k €77,6 k €57,6 k €37,5 k €
Total assets92,1 k €89,4 k €121,5 k €80,6 k €66,6 k €
Cash9 k €7,6 k €37 k €11,8 k €14,9 k €
Debts13,9 k €11,7 k €43,9 k €23 k €29,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
MUHAMMED YILDIRIM
Director

Ended mandates

DirectorMandates in this companyPeriod
NIHMET YILDIRIM
Manager2015 accounts
NIMET YILDIRIM
Director2024 accountsManager2022 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/06/202623/06/202502/07/202430/06/202320/05/202225/06/2021
General meeting18/06/202619/06/202520/06/202420/06/202320/05/202218/06/2021
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, 12 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202518/06/202629/06/2026DutchPDF
Micro model31/12/202419/06/202523/06/2025DutchPDF
Micro model31/12/202320/06/202402/07/2024DutchPDF
Micro model31/12/202220/06/202330/06/2023DutchPDF
Micro model31/12/202120/05/202220/05/2022DutchPDF
Micro model31/12/202018/06/202125/06/2021DutchPDF
Micro model31/12/201918/06/202006/07/2020DutchPDF
Micro model31/12/201820/06/201928/06/2019DutchPDF
Micro model31/12/201721/06/201822/08/2018DutchPDF
Abridged model31/12/201615/06/201724/08/2017DutchPDF
Abridged model31/12/201507/06/201608/06/2016DutchPDF
Abridged model31/12/201319/06/201423/09/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 31/12/2025

1 active · 2 ended

Active mandates

DirectorMandates in this companyPeriod
MUHAMMED YILDIRIM
Director

Ended mandates

DirectorMandates in this companyPeriod
NIHMET YILDIRIM
Manager2015 accounts
NIMET YILDIRIM
Director2024 accountsManager2022 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office23/02/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates21/11/2023
    WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/10/2012
    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
Filings12 filings
Mandates
MUHAMMED YILDIRIM
NIHMET YILDIRIM
NIMET YILDIRIM
201220132014201520162017201820192020202120222023202420252026
Msd Chape
Molendijk 53, 3582 KoerselWaterstraat 55, 3582 Koersel
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Molendijk 53, 3582 KoerselCurrent
accounts 2025
Accounts 2025 · 2026-00245701
Waterstraat 55, 3582 Koersel
accounts 2021 → 2024
Accounts 2024 · 2025-00163584

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MSD GROUPCurrent
CBE
Msd Chape
accounts 2013 → 2025
Accounts 2025 · 2026-00245701

Events

  1. 2025
    Annual accounts 2025469,1 €↑
  2. 2024
    Annual accounts 2024130 €↓
  3. 2023
    Annual accounts 202320 k €↓
  4. 2022
    Annual accounts 202220,2 k €↑
  5. 2021
    Annual accounts 202116,3 k €↑
  6. 2020
    Annual accounts 20203,6 k €↑
  7. 2019
    Annual accounts 2019-552,3 €↓
  8. 2018
    Annual accounts 20183,5 k €↑
  9. 2017
    Annual accounts 20171,6 k €↓
  10. 2016
    Annual accounts 20162,1 k €↑
  11. 2015
    Annual accounts 2015108,1 €↓
  12. 2013
    Annual accounts 20131,4 k €
  13. 05/10/2012
    IncorporationPrivate limited company