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M.D.B. Construct

In bankruptcy Private limited companyfounded 2016Okegembaan 186, 9400 NinoveKBO/BCE: BE 0649.618.304
M.D.B. Construct
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Overview

Information for creditors

Enterprise Court of Ghent, Dendermonde division · Official Gazette of 20-10-2025
Appeal or third-party opposition 04-11-2025Filing the claim in RegSol 13-11-2025First verification report 21-11-2025Late claim 14-10-2026

Trustee: Jasper Baert. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

7 annual accounts with figures on one time axis
peak €99,654 (2020)
-€119,456▲ €88,900
lowest -€132,632 (2023)
-€132,632▼ €113,749
peak €14,561 (2021)
-€136,953▼ €132,632
€484,213▼ 47.1%
Board1 name since 2016
1 directorDE BRABANTER Marc Franky
Documentsfilings and deeds
10-10-202471 days late
2023micro format
Gross margin from -€208,356 to -€119,456Loss of €132,632Equity from -€4,322 to -€136,953Debts from €914,686 to €484,213Investments €7,650

Key points

from the 2023 annual accounts, the last ones filed

Result

-€132,632 ▼ 602%
-€18,9002022-€133,0002023

The result fell in 2023 from -€18,883 to -€132,632.

Debts

€484,213 139% of the balance sheet
Financial debts 27%Suppliers 2%Taxes and wages 5%Other 65%

Filings

7 annual accounts 6 late
AprilJune31 JulyOctober201820202022

The 2023 accounts came latest: 71 days after the end of the period.

No scoreTurnover not published (micro format)

Board and ownership

DB
DE BRABANTER Marc Franky
Director
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 14-10-2025 · Bankruptcy
Resignation: DE BRABANTER Marc Franky (manager) Reappointment: DE BRABANTER Marc Franky (director) · General meeting of 20-12-2023 · Gazette deed
Environmental permit granted Bouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ninove
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Ninove
All 18 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 14-10-2025
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.252.166.2899400 Ninove, since 03-03-2016
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2023

-€119,456▲ 42.7%
€132,632▲ 602%
-€136,953▼ 3,069%
€347,260▼ 61.9%
Filing
Filed on 10-10-2024
Financials

Insights on M.D.B. Construct

Equity fell from €14,561 in 2021 to -€136,953 in 2023.

On 14 October 2025 the court declared M.D.B. Construct bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

micro format, filed on 10-10-2024, 71 days late
-€119,456
▲ €88,900
-€131,562
▲ €96,520
-€132,632
▼ €113,749
-€154,664
▼ €137,878
-39.4%
▼ 39.0 percentage points
0.68
▼ 0.30

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €347,260 on 31-12-2023
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

-39.4%

Higher than 8% of 18,145 companies in 2023.

0.68

Higher than 34% of 17,385 companies in 2023.

-38.2%

Lower than 95% of 17,811 companies in 2023.

M.D.B. Construct Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2023202220212020201920182017
Balance sheet: assets
20/58 347,260910,3641.2m1.3m1.2m351,832128,808
21/28 17,71112,4659,6232,63911,458--
22/27 7,46111,4658,6232,639958--
23 -1,6002,1192,639958--
24 7,4619,8656,504----
28 10,2501,0001,000-10,500--
29/58 329,549897,9001.2m1.3m1.2m351,832128,808
3 283,352373,439227,839167,4201.1m238,279123,687
30/36 283,352373,439227,839167,4201.1m238,279123,687
40/41 38,764522,435906,1441.2m27,67514,0023,152
40 38,601522,435891,1441.2m27,6751,635-
41 163-15,0003,658-12,3683,152
54/58 6,159-25,85010,049154,51499,5511,969
490/1 1,2742,0262,567----
Balance sheet: equity and liabilities
10/49 347,260910,3641.2m1.3m1.2m351,832128,808
10/15 -136,953-4,32214,56113,144-76,873-30,208-5,581
10/11 12,40012,40012,40012,40012,40012,40012,400
100 ----18,60018,60018,600
101 ----6,2006,2006,200
14 -149,353-16,7222,161744-89,273-42,608-17,981
17/49 484,213914,6861.2m1.3m1.3m382,040134,388
17 --4,130----
170/4 --4,130----
42/48 484,213914,6861.2m1.3m1.3m382,040134,388
42 --2,237----
43 130,698103,929100,000----
430/8 130,698103,929100,000----
44 10,777160,549387,711531,93772,96727,13553,799
440/4 10,777160,549387,711531,93772,96727,13553,799
46 -381,600--412,977--
45 26,32410,23256,24352,20842,556--
450/3 26,32410,23256,24352,20842,556--
47/48 316,414258,376607,142747,535796,311354,90580,590
Income statement
9900 -119,456-208,35656,54399,654-40,607-19,015-16,396
62 --553113---
630 2,4042,1781,015319---
640/8 9,70217,54731,8318,5022577731,091
9901 -131,562-228,08223,14490,720-40,864-19,788-17,487
75/76B 14,933221,5358111,075-57143
75 14,933221,5358111,075-57143
65/66B 15,11811,32718,3591,7785,8014,897637
65 15,1189,02918,3591,7785,8014,897637
66B -2,298-----
9903 -131,747-17,8745,59690,017-46,665-24,628-17,981
67/77 8851,0094,179----
9904 -132,632-18,8831,41790,017-46,665-24,628-17,981
9905 -132,632-18,8831,41790,017-46,665-24,628-17,981
Appropriation of the result
9906 -149,353-16,7222,161744-89,273-42,608-17,981
14P -16,7222,161744----
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 10-10-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2023 annual accounts filed 71 days after the deadline. Filed on 10 October 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00506928.

Financial year Type Filed Reference Document
31-12-2023 micro format 10-10-2024 2024-00506928 PDF
31-12-2022 micro format 15-09-2023 2023-00451837 PDF
31-12-2021 micro format 31-08-2022 2022-20397343 PDF
31-12-2020 micro format 30-08-2021 2021-65000571 PDF
31-12-2019 micro format 23-06-2020 2020-19900418 PDF
31-12-2018 micro format 20-08-2019 2019-48600115 PDF
31-12-2017 abbreviated format 29-08-2018 2018-53700492 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2023202220212020201920182017
-129,158-225,90424,15991,040---
-130,228-16,7052,43390,336---
9,2505,0198,0002,00011,458--
--15,801-144,46554,96397,582-
-154,664-16,7869,06810,505-88,331-30,208-5,581
-39.4%-0.5%1.2%1.0%-6.2%-8.6%-4.3%
0.680.981.011.010.930.920.96
0.100.570.810.880.140.300.04
--79.49----
--9.7%684.9%---
-38.2%-2.1%0.1%6.7%-3.7%-7.0%-14.0%
-8.54-25.021.32----

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202320222021
Tangible fixed assets-€5,019€7,000
Financial fixed assets€9,250-€1,000
€2,404€2,178€1,015

Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)

Insights on M.D.B. Construct

The operating result for 2023 is a loss of €131,562, smaller than the loss of €228,082 in 2022.

Equity is negative. Debt (€484,213) exceeds the balance-sheet total (€347,260).

Board & ownership

Curator

the curator has managed the company since 14-10-2025
Jasper Baert
Curator, Drukkerijstraat 11, 9240 Zele
Also on 36 other cases

Last board

1 director, last change in 2024
DE BRABANTER Marc Franky
Director
in office according to the deed of 10-01-2024 term without a fixed end
earlier manager, until 10-01-2024
listed in the 2023 annual accounts, filed on 10-10-2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 10-01-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DE BRABANTER Marc Franky
Director
BoardEarliermandate already running before its first mentionBankruptcy 14-10-2025
Mandates as a list
  • DE BRABANTER Marc Franky
    • Director, from 03-03-2016, until the bankruptcy of 14-10-2025
    • Manager, until 10-01-2024

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€12,400
Source
2023 annual accounts

Articles of association

deed of 10-01-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited

Network & group

No group

M.D.B. Construct has no parent and no holdings in its annual accounts. DE BRABANTER Marc Franky is the only director. M.D.B. Construct shares no director with another company.

At the same address

Okegembaan 186, 9400 Ninove · 1 other company
De Brabanter, Marc (sole trader)
establishment since 21-05-1999
 founded in 1985
0735.008.392

Timeline

Timeline

18 events since 2016
2025
Bankruptcy published Enterprise Court of Ghent, Dendermonde division · judgment of 14-10-2025
2024
Annual accounts 2023 filed PDFmicro format · 71 days late
Resignation: DE BRABANTER Marc Franky (manager)Reappointment: DE BRABANTER Marc Franky (director) · General meeting of 20-12-20236 points ▸

Open the deed in the Belgian Official Gazette

2023
Weakest financial year net -€132,632 The net result drops to -€132,632, the lowest from 2017 to 2023.
Annual accounts 2022 filed PDFmicro format · 46 days late
2022
Annual accounts 2021 filed PDFmicro format · 31 days late
2021
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ninove
Environmental permit granted OmgevingsloketVerbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Ninove
Environmental permit granted OmgevingsloketSlopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Ninove
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Back to profit net €90,017 The net result is €90,017, after 3 loss-making years.
Annual accounts 2019 filed PDFmicro format · 38 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 20 days late
Environmental permit granted OmgevingsloketBouwen of herbouwen · Denderleeuw
2018
Annual accounts 2017 filed PDFabbreviated format · 29 days late
Environmental permit granted OmgevingsloketBouwen of herbouwen, Slopen van niet vrijstaande gebouwen of constructies · Ninove
2016
Incorporation PDF2 publications in the Belgian Official Gazette, the last on 10-01-2024 · published on 07-03-2016
First establishment Okegembaan 186, Ninove

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

M.D.B. Construct was incorporated on 3 March 2016.1 Total assets went from €351,832 in 2018 to €347,260 in 2023.2 On 14 October 2025 the company was declared bankrupt.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian Official Gazette, 20-10-2025

Company details

Identity

Enterprise number
0649.618.304
VAT number
BE 0649.618.304
Legal form
Private limited company
Status
In bankruptcy, since 14-10-2025
Founded
03-03-2016
Financial year
ends on 31 December
Peppol
Not found in the Peppol Directory
Name
M.D.B. Construct in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 10-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 10-01-2024 (in Dutch)

Activities

NACEBEL 2025
68121 Development of residential building projects main activity
68110 Buying and selling of own real estate
Codes under NACEBEL 2008
41101 Real estate development main activity
68100 Real estate activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Aan- en verkoop van eigen onroerend goed; Algemene renovatie van gebouwen, alsook de coördinatie daaromtrent; Algemene coördinatie van de…”
25 activities
  1. Aan- en verkoop van eigen onroerend goed.
  2. Algemene renovatie van gebouwen, alsook de coördinatie daaromtrent.
  3. Algemene coördinatie van de werkzaamheden op een bouwwerf.
  4. Algemene bouwkundige en civieltechnische werkzaamheden.
  5. Algemene aanneming van alle activiteiten in de bouwsector.
  6. Bouwen van individuele huizen.
  7. Projectontwikkeling.
  8. Het optrekken van de ruwbouw van individuele huizen.
  9. De bouw van de individuele huizen volgens de formule “sleutel op de deur”.
  10. Het optrekken van residentiële gebouwen en van kantoorgebouwen.
  11. Het optrekken van de ruwbouw van gebouwen met celstructuur, appartementsgebouwen, kantoorgebouwen en dergelijke.
  12. De bouw van appartementen volgens de formule “sleutel op de deur”.
  13. Het optrekken van gebouwen voor industrieel of commercieel gebruik, voor landbouwdoeleinden en dergelijke.
  14. Het bouwrijp maken van terreinen.
  15. Het slopen van gebouwen.
  16. Het ruimen van bouwterreinen.
  17. Grondverzet, inclusief het graven, ophogen, egaliseren en nivelleren van bouwterreinen.
  18. Alle funderingswerken.
  19. Alle rioleringswerken.
  20. Alle bestratings- en wegeniswerken.
  21. Electriciteitswerkzaamheden.
  22. Dakwerken.
  23. Aankoop- en verkoop van ramen, alsook de plaatsing hiervan.
  24. Stukadoorswerken.
  25. Alle overige niet gereglementeerde werkzaamheden in de bouwsector.
deed of 10-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Okegembaan 186 registered office 9400 Ninove 03-03-2016 2.252.166.289

Buildings and parcels at the address

Ground area
458 m²
Buildings
196 m²
Volume, LiDAR
806 m³
Tallest building
9.3 m
Buildings to scale, each on its own parcel
196 m², 9.3 m 196 m², 9.3 m

Environmental permits

5 applications in Flanders since 2018 · 5 granted
06-12-2021 Granted Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 12-10-2021 · project 2021153747 Ninove
04-10-2021 Granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 21-07-2021 · project 2021117883 Ninove
20-09-2021 Granted Slopen van niet vrijstaande gebouwen of constructies; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 18-06-2021 · project 2021024869 Ninove
21-05-2019 Granted Bouwen of herbouwen submitted 04-02-2019 · project 2019008283 Denderleeuw
28-08-2018 Granted Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies submitted 09-07-2018 · project 2018074898 Ninove

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
41048A0229/00B000458 m² 1 · 196 m² 9.3 m · 1

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