MDA CONSTRUCT
Annual accounts 2025
micro format, filed on 08-06-2026, 53 days before the deadlineMoney flows
no detail for 2025Balance sheet
balance sheet total €244,203 on 31-12-2025in euro
in euro
Position in the sector
94.6%
Higher than 95% of 35,125 companies in 2025.
18.39
Higher than 95% of 34,499 companies in 2025.
4.6%
Higher than 42% of 34,700 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
244,203 | 371,067 | 601,279 | 293,659 | 414,000 | 375,563 | 499,365 | |
21/28 |
225 | 2,442 | 8,724 | 15,298 | 11,612 | 13,924 | 4,403 | |
22/27 |
- | 2,217 | 8,499 | 15,073 | 11,387 | 13,699 | 4,403 | |
23 |
- | - | 188 | 455 | 721 | - | - | |
24 |
- | 2,217 | 8,311 | 14,619 | 10,666 | 13,699 | 4,403 | |
28 |
225 | 225 | 225 | 225 | 225 | 225 | - | |
29/58 |
243,978 | 368,625 | 592,555 | 278,360 | 402,388 | 361,640 | 494,962 | |
40/41 |
218,278 | 327,325 | 524,975 | 187,962 | 251,400 | 218,249 | 137,487 | |
40 |
185,178 | 302,619 | 495,049 | 164,312 | 235,213 | 187,087 | 118,557 | |
41 |
33,100 | 24,706 | 29,925 | 23,650 | 16,187 | 31,161 | 18,929 | |
54/58 |
22,592 | 39,443 | 65,662 | 88,503 | 150,408 | 142,346 | 332,843 | |
490/1 |
3,108 | 1,857 | 1,918 | 1,895 | 581 | 1,046 | 24,633 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
244,203 | 371,067 | 601,279 | 293,659 | 414,000 | 375,563 | 499,365 | |
10/15 |
230,939 | 219,731 | 188,785 | 155,326 | 130,098 | 98,166 | 84,520 | |
10/11 |
18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | 6,200 | - | - | - | |
100 |
- | - | - | 18,600 | - | 18,600 | 18,600 | |
101 |
- | - | - | 12,400 | - | 12,400 | 12,400 | |
11 |
18,600 | - | - | - | - | - | - | |
1109/19 |
18,600 | - | - | - | - | - | - | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | |
130 |
- | - | - | 1,860 | - | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | - | - | - | - | |
1319 |
- | - | - | - | 1,860 | - | - | |
14 |
210,479 | 199,271 | 168,325 | 147,266 | 122,038 | 90,106 | 76,460 | |
17/49 |
13,264 | 151,335 | 412,494 | 138,332 | 283,902 | 277,398 | 414,845 | |
42/48 |
13,264 | 151,335 | 412,494 | 138,332 | 283,902 | 277,398 | 414,845 | |
44 |
7,961 | 123,423 | 387,890 | 116,258 | 262,453 | 238,999 | 381,845 | |
440/4 |
7,961 | 123,423 | 387,890 | 116,258 | 262,453 | 238,999 | 56,914 | |
441 |
- | - | - | - | - | - | 324,931 | |
45 |
5,303 | 27,913 | 24,604 | 22,074 | 15,645 | 38,399 | 33,000 | |
450/3 |
5,303 | 26,613 | 23,104 | 21,574 | 11,949 | 38,399 | 33,000 | |
454/9 |
- | 1,300 | 1,500 | 500 | 3,696 | - | - | |
47/48 |
- | - | - | - | 5,804 | - | - | |
| Income statement | ||||||||
70 |
- | - | - | - | - | - | 1.0m | |
9900 |
19,267 | 54,051 | 60,947 | 37,108 | 60,612 | 14,742 | 151,811 | |
60/61 |
- | - | - | - | - | - | 887,102 | |
62 |
- | - | - | - | - | - | 5,615 | |
630 |
2,217 | 6,282 | 6,574 | 6,409 | 3,160 | 3,374 | 1,786 | |
631/4 |
392 | - | 8,078 | - | 22,373 | - | 30,036 | |
640/8 |
- | 1,159 | 3,955 | 837 | 6,845 | 229 | 550 | |
9901 |
16,658 | 46,609 | 42,340 | 29,862 | 28,234 | 11,140 | 113,823 | |
75/76B |
865 | 575 | 4,412 | 7,519 | 22,598 | 9,090 | - | |
75 |
865 | 575 | 4,412 | 7,519 | 22,598 | 9,090 | - | |
65/66B |
1,946 | 2,605 | 4,010 | 2,028 | 1,885 | 1,186 | 2,503 | |
65 |
1,946 | 2,605 | 4,010 | 2,028 | 1,885 | 1,186 | 2,503 | |
9903 |
15,578 | 44,580 | 42,742 | 35,354 | 48,948 | 19,044 | 111,320 | |
67/77 |
4,370 | 13,634 | 21,684 | 10,125 | 12,016 | 5,399 | 33,000 | |
9904 |
11,208 | 30,946 | 21,059 | 25,228 | 36,932 | 13,646 | 78,320 | |
9905 |
11,208 | 30,946 | 21,059 | 25,228 | 36,932 | 13,646 | 78,320 | |
| Appropriation of the result | ||||||||
9906 |
210,479 | 199,271 | 168,325 | 147,266 | 127,038 | 90,106 | 78,320 | |
14P |
199,271 | 168,325 | 147,266 | 122,038 | 90,106 | - | - | |
691/2 |
- | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | 1,860 | |
694/7 |
- | - | - | - | 5,000 | - | - | |
695 |
- | - | - | - | 5,000 | - | - | |
| Document | ||||||||
The notes to these accounts have 6 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 2025 (PDF), filed on 08-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00147842 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00217899 | |
| 31-12-2023 | micro format | 18-09-2024 | 2024-00465506 | |
| 31-12-2022 | micro format | 13-09-2023 | 2023-00446929 | |
| 31-12-2021 | micro format | 12-07-2022 | 2022-20182976 | |
| 31-12-2020 | micro format | 24-06-2021 | 2021-24800216 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-73400487 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 18,875 | 52,892 | 48,914 | 36,271 | 31,394 | 14,514 | 115,609 | ||
| 13,424 | 37,229 | 27,633 | 31,637 | 40,092 | 17,020 | 80,106 | ||
| 0 | 0 | 0 | 10,095 | 12,207 | 12,895 | 6,189 | ||
| -16,852 | -26,219 | -22,841 | -61,905 | 8,062 | -190,497 | - | ||
| 230,714 | 217,289 | 180,061 | 140,028 | 118,485 | 84,242 | 80,117 | ||
| - | - | - | - | - | - | 11.0% | ||
| 94.6% | 59.2% | 31.4% | 52.9% | 31.4% | 26.1% | 16.9% | ||
| 18.39 | 2.44 | 1.44 | 2.01 | 1.42 | 1.30 | 1.19 | ||
| 0.06 | 0.69 | 2.18 | 0.89 | 2.18 | 2.83 | 4.91 | ||
| 4.9% | 14.1% | 11.2% | 16.2% | 28.4% | 13.9% | 92.7% | ||
| 4.6% | 8.3% | 3.5% | 8.6% | 8.9% | 3.6% | 15.7% | ||
| 9.70 | 20.31 | 12.20 | 17.89 | 16.66 | - | - | ||
| - | - | - | - | - | - | 42 days | ||
| - | - | - | - | - | - | 157 days |
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| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €10,095 | €12,207 |
| €2,217 | €6,282 | €6,574 | €6,409 | €3,160 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MDA CONSTRUCT
The operating result for 2025 is 64% lower than in 2024 and the lowest since 2020.
Debt's share of the balance-sheet total falls from 40.8% to 5.4%. Equity is higher and debt is lower.