ACTIVE

MFDesign

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Financial year 2025 · closed on 31/03/2025

Net result

53,6 k €

+141.1% YoY

Gross margin

597,3 k €

+30.8% YoY

Equity

3,5 M €

+1.5% YoY

Workforce

0,0 ETP

-100.0% YoY

What does MFDesign do?

MFDesign is a Private limited company incorporated in 2007. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0889.795.945

Incorporation

01/06/2007

Legal form

Private limited company

Registered office

Baarledorpstraat 95
9031 Gent · FlandreSee on map

Contributed capital

967 175,91 €

Latest accounts

31/03/2025

Average workforce

0,0 ETP

Joint committees (4)

100
200
218
32301

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2020		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	597,3 k €	+30.8%	456,6 k €	+4.6%	436,7 k €	-36.2%	684,3 k €	+98.5%	344,8 k €		–		–		–		–		–		–		–		105,3 k €	-9.0%	115,6 k €	+14.8%	100,7 k €
EBITDA	576,7 k €	+36.7%	421,7 k €	+16.2%	363 k €	-35.2%	560 k €	+70.0%	329,4 k €	-76.9%	1,4 M €	+852%	149,9 k €	-42.4%	260,3 k €	-9.0%	286,2 k €	+48.9%	192,2 k €	+15.4%	166,5 k €	+114%	78 k €	+8.0%	72,2 k €	-15.2%	85,1 k €	+12.4%	75,7 k €
Operating result	210,3 k €	+656%	-37,8 k €	+49.1%	-74,2 k €	-139%	189 k €	+231%	-144,1 k €	-114%	1 M €	+623%	141,2 k €	-44.3%	253,5 k €	-9.6%	280,2 k €	+50.5%	186,2 k €	+15.0%	162 k €	+118%	74,4 k €	+8.5%	68,6 k €	-19.4%	85,1 k €	+12.4%	75,7 k €
Net result	53,6 k €	+141%	-130,5 k €	-115%	-60,6 k €	-132%	188 k €	+255%	-121,5 k €	-119%	653,1 k €	+699%	81,8 k €	-86.1%	586,2 k €	+209%	189,5 k €	+64.5%	115,2 k €	+11.2%	103,5 k €	-46.8%	194,6 k €	-48.4%	377,3 k €	-29.4%	534,7 k €	+57.3%	339,8 k €
Balance sheet
Equity	3,5 M €	+1.5%	3,5 M €	-3.6%	3,6 M €	-1.6%	3,7 M €	+3.5%	3,6 M €	-27.2%	4,9 M €	+194%	1,7 M €	+5.2%	1,6 M €	+8.7%	1,5 M €	-18.7%	1,8 M €	+6.9%	1,7 M €	+6.6%	1,6 M €	+14.1%	1,4 M €	+37.8%	999,5 k €	+115%	464,8 k €
Total assets	16,7 M €	+4.4%	16 M €	+16.1%	13,8 M €	+37.2%	10,1 M €	+17.1%	8,6 M €	-14.8%	10,1 M €	+416%	2 M €	-5.5%	2,1 M €	+17.5%	1,8 M €	-19.2%	2,2 M €	+6.1%	2,1 M €	+10.1%	1,9 M €	+12.7%	1,7 M €	+27.0%	1,3 M €	+2.6%	1,3 M €
Cash	232,8 k €	+936%	22,5 k €	-54.8%	49,8 k €	-83.3%	298 k €	+287%	77 k €	-70.1%	257,3 k €	+1331%	18 k €	-91.4%	210,3 k €	+540%	32,9 k €	-70.1%	110,1 k €	+127%	48,4 k €	+87.4%	25,9 k €	+81.3%	14,3 k €	-49.8%	28,4 k €	+29.5%	21,9 k €
Debts	13,2 M €	+5.2%	12,5 M €	+23.2%	10,2 M €	+59.9%	6,3 M €	+27.3%	5 M €	-0.8%	5 M €	+1628%	291 k €	-40.1%	486,1 k €	+59.4%	304,9 k €	-21.3%	387,6 k €	+2.5%	378 k €	+28.9%	293,3 k €	+5.5%	278 k €	-7.7%	301,4 k €	-62.6%	806 k €
Other
Workforce	0,0 ETP	-100%	0,2 ETP	-86.7%	1,5 ETP		–		–		4,5 ETP	+60.7%	2,8 ETP	+7.7%	2,6 ETP	-7.1%	2,8 ETP	0.0%	2,8 ETP	0.0%	2,8 ETP	+55.6%	1,8 ETP	+80.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 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 31/03/2025 · 2 active · 4 ended

Active mandates

Dorine Tanghe

Director · since 31 mai 2007

Active

Guy Mortreu

Director · since 31 mai 2007

Active

Ended mandates

Dorine Tanghe

Director

Ended

Dorine Tanghe

Manager

Ended

Guy Mortreu

Director

Ended

Guy Mortreu

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Chelsea● Active	0414.800.902
JUST RUSSEL● Active	0735.411.735
M.G. Future● Active	0779.991.648
MORTREU GUY PROJECTS● Active	0690.865.573
VM Management Consulting● Active	0735.402.530

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/10/2025	30/10/2024	28/09/2023	11/10/2022	29/10/2021	29/09/2020
General meeting	13/09/2025	14/09/2024	09/09/2023	10/09/2022	11/09/2021	12/09/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	13/09/2025	24/10/2025	Dutch	PDF
Abridged model	31/03/2024	14/09/2024	30/10/2024	Dutch	PDF
Abridged model	31/03/2023	09/09/2023	28/09/2023	Dutch	PDF
Abridged model	31/03/2022	10/09/2022	11/10/2022	Dutch	PDF
Abridged model	31/03/2021	11/09/2021	29/10/2021	Dutch	PDF
Abridged model	31/03/2020	12/09/2020	29/09/2020	Dutch	PDF
Full model	31/03/2019	14/09/2019	15/11/2019	Dutch	PDF
Full model	30/06/2017	02/12/2017	13/02/2018	Dutch	PDF
Full model	30/06/2016	12/11/2016	12/01/2017	Dutch	PDF
Full model	30/06/2015	14/11/2015	15/01/2016	Dutch	PDF
Full model	30/06/2014	08/11/2014	15/01/2015	Dutch	PDF
Full model	30/06/2013	09/11/2013	19/12/2013	Dutch	PDF
Full model	30/06/2012	10/11/2012	18/12/2012	Dutch	PDF
Full model	30/06/2011	12/11/2011	03/02/2012	Dutch	PDF
Abridged model	30/06/2010	13/11/2010	15/02/2011	Dutch	PDF
Abridged model	30/06/2009	14/11/2009	10/02/2010	Dutch	PDF
Abridged model	30/06/2008	08/11/2008	30/01/2009	Dutch	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 31/03/2025 · 2 active · 4 ended

Active mandates

Dorine Tanghe

Director · since 31 mai 2007

Active

Guy Mortreu

Director · since 31 mai 2007

Active

Ended mandates

Dorine Tanghe

Director

Ended

Dorine Tanghe

Manager

Ended

Guy Mortreu

Director

Ended

Guy Mortreu

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/07/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring13/11/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring24/07/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/06/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/04/2017
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office10/08/2016
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares28/07/2014
KAPITAAL - AANDELEN
PDF
Other11/06/2007
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

2025
Annual accounts 202553,6 k €↑
2024
Annual accounts 2024-130,5 k €↓
2023
Annual accounts 2023-60,6 k €↓
2023
Name changeMFDesign
2022
Annual accounts 2022188 k €↑
2022
Name changeMortreu Fashion Design
2020
Annual accounts 2020-121,5 k €↓
2017
Annual accounts 2017653,1 k €↑
2016
Annual accounts 201681,8 k €↓
2015
Annual accounts 2015586,2 k €↑
2014
Annual accounts 2014189,5 k €↑
2013
Annual accounts 2013115,2 k €↑
2012
Annual accounts 2012103,5 k €↓
2011
Annual accounts 2011194,6 k €↓
2010
Annual accounts 2010377,3 k €↓
2009
Annual accounts 2009534,7 k €↑
2008
Annual accounts 2008339,8 k €
01/06/2007
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

MFDesign

Overview

What does MFDesign do?

Trend over 15 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