ACTIVE

MD CUBE

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Financial year 2024 · closed on 31/12/2024

Net result

3,1 k €

-71.9% YoY

Gross margin

98,1 k €

+12.4% YoY

Equity

99,4 k €

+3.3% YoY

What does MD CUBE do?

MD CUBE is a Private limited company incorporated in 2005. Its main activity is: Computer consultancy activities. Its registered office is in Saint-Gilles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.472.391

Incorporation

24/11/2005

Legal form

Private limited company

Registered office

Rue Capouillet 5
1060 Saint-Gilles · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2024

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 63100Data processing, hosting and related activities; web portals 63110Data processing, hosting and related activities 72300Scientific research and development

Joint committees (1)

Signals

ProfitablePositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	98,1 k €	+12.4%	87,3 k €	+38.7%	62,9 k €	+25.3%	50,2 k €	+59.0%	31,6 k €	-48.7%	61,5 k €	+9.6%	56,1 k €	+130%	24,4 k €	-15.8%	29 k €	-19.7%	36,1 k €	+39.7%	25,8 k €	-34.4%	39,3 k €	+1538%	2,4 k €	+314%	-1,1 k €	-119%	5,9 k €	+833%	-799,3 €	-103%	31,3 k €	+26.6%	24,8 k €	-55.3%	55,4 k €
EBITDA	93,3 k €	+9.1%	85,5 k €	+38.9%	61,6 k €	+25.4%	49,1 k €	+60.1%	30,7 k €	-47.4%	58,3 k €	+7.1%	54,4 k €	+142%	22,5 k €	-18.3%	27,6 k €	+5.9%	26 k €	+8.7%	24 k €	-34.6%	36,7 k €	+7649%	473,1 €	+117%	-2,9 k €	-160%	4,8 k €	+360%	-1,8 k €	-106%	30,4 k €	+29.8%	23,4 k €	-56.3%	53,6 k €
Operating result	44 k €	+17.5%	37,5 k €	-8.5%	41 k €	+18.7%	34,5 k €	+117%	15,9 k €	-65.1%	45,7 k €	+1.4%	45,1 k €	+231%	13,6 k €	-27.4%	18,7 k €	+14.7%	16,3 k €	+24.7%	13,1 k €	-49.2%	25,8 k €	+355%	-10,1 k €	+49.9%	-20,2 k €	-3360%	618,9 €	+105%	-11,8 k €	-161%	19,4 k €	+33.8%	14,5 k €	-68.4%	46 k €
Net result	3,1 k €	-71.9%	11,2 k €	-51.8%	23,1 k €	+26.3%	18,3 k €	+148%	7,4 k €	-74.0%	28,4 k €	-11.1%	32 k €	+288%	8,2 k €	+48.7%	5,5 k €	+261%	1,5 k €	+146%	-3,3 k €	-135%	9,4 k €	+135%	-26,8 k €	+0.9%	-27 k €	-18907%	143,8 €	+101%	-12,3 k €	-200%	12,3 k €	+35.2%	9,1 k €	-67.9%	28,4 k €
Balance sheet
Equity	99,4 k €	+3.3%	96,3 k €	+13.1%	85,1 k €	+37.3%	62 k €	+41.9%	43,7 k €	+20.4%	36,3 k €	+103%	17,9 k €	+226%	-14,1 k €	+36.8%	-22,4 k €	+19.9%	-27,9 k €	+5.2%	-29,5 k €	-12.7%	-26,1 k €	+26.5%	-35,6 k €	-305%	-8,8 k €	-148%	18,3 k €	+0.8%	18,1 k €	-42.0%	31,2 k €	+58.4%	19,7 k €	+85.9%	10,6 k €
Total assets	1,3 M €	+10.3%	1,2 M €	+131%	507,9 k €	+62.9%	311,7 k €	+12.5%	277 k €	-6.9%	297,6 k €	+15.6%	257,4 k €	+12.3%	229,2 k €	-1.3%	232,3 k €	-2.2%	237,5 k €	-6.6%	254,3 k €	-4.4%	265,9 k €	+0.6%	264,4 k €	-8.3%	288,3 k €	+810%	31,7 k €	-10.3%	35,3 k €	-43.3%	62,3 k €	+18.9%	52,4 k €	-36.2%	82,2 k €
Cash	1,2 k €	-63.8%	3,4 k €	+1742%	183,8 €	-80.9%	960,4 €	0.0%	960,4 €	0.0%	960,4 €	0.0%	960,4 €	0.0%	960,4 €	-4.7%	1 k €	+24.8%	808 €	+8.5%	745 €	+41.9%	525 €		0 €		0 €		0 €		0 €	-100%	8,4 k €	-54.4%	18,4 k €	-14.9%	21,6 k €
Debts	1,2 M €	+11.9%	1,1 M €	+159%	410,6 k €	+74.7%	235,1 k €	+1.0%	232,8 k €	-10.6%	260,4 k €	+9.1%	238,8 k €	-1.9%	243,4 k €	-4.1%	253,9 k €	-4.1%	264,6 k €	-6.4%	282,8 k €	-2.5%	290,2 k €	-2.9%	298,9 k €	+1.0%	296 k €	+2107%	13,4 k €	-22.1%	17,2 k €	-44.6%	31,1 k €	-5.0%	32,7 k €	-54.1%	71,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,3 ETP		–		–		–		–		–		–		–		–		–

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 31/12/2024 · 2 active · 4 ended

Active mandates

VERONIQUE LAURENT

Director · since 21 septembre 2015

Active

SINGER MARWAN

Manager

Active

Ended mandates

VERONIQUE LAURENT

Manager · since 21 septembre 2015

Ended

SINGER MARWAN

Director

Ended

VERONIQUE LAURENT

Manager

Ended

Véronique LAURENT

Director

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires à Saint-Gilles rue Capouillet 5● Active	0825.133.963
NETHOOD● Active	0833.396.581
RATAFIA● Active	0476.563.572

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/09/2025	30/09/2024	29/08/2023	30/08/2022	28/06/2021	30/06/2020
General meeting	08/09/2025	17/09/2024	18/08/2023	24/08/2022	24/06/2021	29/06/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	08/09/2025	12/09/2025	French	PDF
Micro model	31/12/2023	17/09/2024	30/09/2024	French	PDF
Micro model	31/12/2022	18/08/2023	29/08/2023	French	PDF
Micro model	31/12/2021	24/08/2022	30/08/2022	French	PDF
Micro model	31/12/2020	24/06/2021	28/06/2021	French	PDF
Micro model	31/12/2019	29/06/2020	30/06/2020	French	PDF
Micro model	31/12/2018	30/07/2019	31/07/2019	French	PDF
Micro model	31/12/2017	11/06/2018	31/08/2018	French	PDF
Micro model	31/12/2016	12/06/2017	21/07/2017	French	PDF
Abridged model	31/12/2015	13/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	08/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	09/06/2014	29/08/2014	French	PDF
Abridged model	31/12/2012	10/06/2013	17/07/2013	French	PDF
Abridged model	31/12/2011	11/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	14/06/2011	26/08/2011	French	PDF
Abridged model	31/12/2009	10/06/2010	27/08/2010	French	PDF
Abridged model	31/12/2008	08/06/2009	21/08/2009	French	PDF
Abridged model	31/12/2007	09/06/2008	12/08/2008	French	PDF
Abridged model	31/12/2006	11/06/2007	09/07/2007	French	PDF

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 31/12/2024 · 2 active · 4 ended

Active mandates

VERONIQUE LAURENT

Director · since 21 septembre 2015

Active

SINGER MARWAN

Manager

Active

Ended mandates

VERONIQUE LAURENT

Manager · since 21 septembre 2015

Ended

SINGER MARWAN

Director

Ended

VERONIQUE LAURENT

Manager

Ended

Véronique LAURENT

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/01/2016
DEMISSIONS, NOMINATIONS
PDF
Other01/03/2013
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other05/12/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2024
Annual accounts 20243,1 k €↓
2023
Annual accounts 202311,2 k €↓
2022
Annual accounts 202223,1 k €↑
2021
Annual accounts 202118,3 k €↑
2020
Annual accounts 20207,4 k €↓
2019
Annual accounts 201928,4 k €↓
2018
Annual accounts 201832 k €↑
2017
Annual accounts 20178,2 k €↑
2016
Annual accounts 20165,5 k €↑
2015
Annual accounts 20151,5 k €↑
2014
Annual accounts 2014-3,3 k €↓
2013
Annual accounts 20139,4 k €↑
2012
Annual accounts 2012-26,8 k €↑
2011
Annual accounts 2011-27 k €↓
2010
Annual accounts 2010143,8 €↑
2009
Annual accounts 2009-12,3 k €↓
2008
Annual accounts 200812,3 k €↑
2007
Annual accounts 20079,1 k €↓
2006
Annual accounts 200628,4 k €
24/11/2005
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 CUBE

Overview

What does MD CUBE do?

Trend over 19 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