ACTIVE

MDB Plus

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Financial year 2025 · closed on 31/03/2025
Net result
3,7 M €
-3.6% YoY
Revenue
1,5 M €
+12.4% YoY
Equity
11,5 M €
+25.6% YoY

What does MDB Plus do?

MDB Plus is a Private limited company incorporated in 2008. Its main activity is: Management consultancy activities. Its registered office is in Liège.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0898.282.554
Incorporation
02/06/2008
Legal form
Private limited company
Registered office
Quai Vercour 98
4000 Liège · WallonieSee on map
Contributed capital
300 000,00 €
Latest accounts
31/03/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201120102009
Income statement
Revenue1,5 M €1,4 M €1,3 M €1,2 M €1,1 M €–––––864 k €672 k €840 k €673,1 k €672 k €1,4 M €
EBITDA644,7 k €471,9 k €455,2 k €439,6 k €390,3 k €323,6 k €-49,6 k €54,4 k €318 k €138,6 k €189,2 k €54,7 k €48,3 k €190,8 k €91,1 k €278,7 k €
Operating result644,7 k €471,9 k €455,2 k €439,6 k €390,3 k €323,6 k €-49,6 k €54,4 k €318 k €138,6 k €189,2 k €54,7 k €48,3 k €190,8 k €91,1 k €278,7 k €
Net result3,7 M €3,8 M €1,9 M €3,2 M €3 M €2,1 M €2,2 M €1,5 M €1,5 M €932,8 k €913,8 k €1,2 M €1,7 M €752 k €1,3 M €122,1 k €
Balance sheet
Equity11,5 M €9,1 M €7,7 M €8,2 M €7 M €5,9 M €4,8 M €3,4 M €2,9 M €2,4 M €2,3 M €2,2 M €1,8 M €1 M €983,1 k €422,1 k €
Total assets13 M €11,6 M €10,2 M €10,5 M €9,2 M €8,4 M €7,7 M €5 M €4,1 M €3,5 M €3,4 M €3,2 M €3,1 M €2,3 M €2,5 M €1,8 M €
Cash218,2 k €368,7 k €2,8 M €2,1 M €1,3 M €813,6 k €615,6 k €419,3 k €313,7 k €350,8 k €1,1 M €858,4 k €396,4 k €70,3 k €360,2 k €74,3 k €
Debts1,6 M €2,5 M €2,5 M €2,4 M €2,2 M €2,4 M €3 M €1,5 M €1,2 M €1,1 M €1,1 M €955,1 k €1,3 M €1,3 M €1,5 M €1,4 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 6 active · 19 ended

Active mandates

ECO6

Director · since 22 octobre 2020 · until 13 mars 2025 · 0894.257.846

Represented by PIERRE LETAWE

Active
OLDICO

Director · since 22 octobre 2020 · 0461.469.481

Represented by OLIVIER SERVAIS

Active
proVenDT

Director · since 22 octobre 2020 · 0739.904.914

Represented by TOM D'HONDT

Active
COPARTIM

Director · since 10 décembre 2019 · 0544.628.967

Represented by NICOLAS PIRSON

Active
PIN

Director · since 10 décembre 2019 · 0897.656.707

Represented by OLIVIER CREMER

Active
SOPAM

Managing director · since 10 décembre 2019 · 0895.751.646

Represented by CEDRIC MAERTENS

Active

Ended mandates

ECO6

Director · since 22 octobre 2020 · 0894.257.846

Represented by PIERRE LETAWE

Ended
CEDRIC MAERTENS

Manager · since 21 février 2014

Ended
CEDRIC MARTENS

Manager · since 21 février 2014 · until 30 septembre 2019

Ended
CEDRIC MARTENS

Manager · since 21 février 2014

Ended
At this address

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0403.967.089
Moyens Industriels pour le Contrôle de l'Environnement● Active
0417.301.126
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/09/202529/08/202414/09/202319/10/202215/10/202121/10/2020
General meeting10/07/202511/07/202413/07/202314/07/202208/07/202121/08/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202510/07/202510/09/2025FrenchPDF
Abridged model31/03/202411/07/202429/08/2024FrenchPDF
Abridged model31/03/202313/07/202314/09/2023FrenchPDF
Abridged model31/03/202214/07/202219/10/2022FrenchPDF
Abridged model31/03/202108/07/202115/10/2021FrenchPDF
Abridged model31/03/202021/08/202021/10/2020FrenchPDF
Abridged model31/03/201911/07/201908/08/2019FrenchPDF
Abridged model31/03/201812/07/201820/07/2018FrenchPDF
Abridged model31/03/201713/07/201705/09/2017FrenchPDF
Abridged model31/03/201630/06/201618/07/2016FrenchPDF
Abridged model31/03/201507/05/201518/05/2015FrenchPDF
Abridged model31/03/201422/05/201403/06/2014FrenchPDF
Abridged model31/03/201311/07/201315/07/2013FrenchPDF
Abridged model31/12/201126/04/201227/07/2012FrenchPDF
Abridged model31/12/201002/03/201115/07/2011FrenchPDF
Abridged model31/12/200918/05/201002/07/2010FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 · 6 active · 19 ended

Active mandates

ECO6

Director · since 22 octobre 2020 · until 13 mars 2025 · 0894.257.846

Represented by PIERRE LETAWE

Active
OLDICO

Director · since 22 octobre 2020 · 0461.469.481

Represented by OLIVIER SERVAIS

Active
proVenDT

Director · since 22 octobre 2020 · 0739.904.914

Represented by TOM D'HONDT

Active
COPARTIM

Director · since 10 décembre 2019 · 0544.628.967

Represented by NICOLAS PIRSON

Active
PIN

Director · since 10 décembre 2019 · 0897.656.707

Represented by OLIVIER CREMER

Active
SOPAM

Managing director · since 10 décembre 2019 · 0895.751.646

Represented by CEDRIC MAERTENS

Active

Ended mandates

ECO6

Director · since 22 octobre 2020 · 0894.257.846

Represented by PIERRE LETAWE

Ended
CEDRIC MAERTENS

Manager · since 21 février 2014

Ended
CEDRIC MARTENS

Manager · since 21 février 2014 · until 30 septembre 2019

Ended
CEDRIC MARTENS

Manager · since 21 février 2014

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/12/2019
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/03/2014
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares06/03/2014
    CAPITAL, ACTIONS
    PDF
  • Registered office20/11/2012
    SIEGE SOCIAL - ANNEE COMPTABLE
    PDF
  • Mandates28/07/2011
    DEMISSIONS, NOMINATIONS
    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 20253,7 M €↓
  2. 2024
    Annual accounts 20243,8 M €↑
  3. 2023
    Annual accounts 20231,9 M €↓
  4. 2022
    Annual accounts 20223,2 M €↑
  5. 2021
    Annual accounts 20213 M €↑
  6. 2020
    Annual accounts 20202,1 M €↓
  7. 2019
    Annual accounts 20192,2 M €↑
  8. 2018
    Annual accounts 20181,5 M €↓
  9. 2017
    Annual accounts 20171,5 M €↑
  10. 2016
    Annual accounts 2016932,8 k €↑
  11. 2015
    Annual accounts 2015913,8 k €↓
  12. 2014
    Annual accounts 20141,2 M €↓
  13. 2013
    Annual accounts 20131,7 M €↑
  14. 2011
    Annual accounts 2011752 k €↓
  15. 2010
    Annual accounts 20101,3 M €↑
  16. 2009
    Annual accounts 2009122,1 k €
  17. 02/06/2008
    IncorporationPrivate limited company