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MDESIGNPROJECTS

Active Private limited companyfounded 2010active for 16 yearsHemelrijk 111, 9402 NinoveKBO/BCE: BE 0827.408.812
MDESIGNPROJECTS
Financial year 2026
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Annual accounts 2026

micro format, filed on 29-10-2026, 2 days before the deadline
€51,293
▲ 996%
€25,744
▲ €43,472
€23,150
▲ €45,503
-€100,742
▲ €26,960
16.3%
▲ 7.8 percentage points
0.45
▲ 0.23

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €100,000 and €270,000.

Balance sheet

balance sheet total €256,931 on 31-03-2026
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

16.3%

Higher than 23% of 503 companies in 2025.

0.45

Lower than 95% of 487 companies in 2025.

9.0%

Higher than 18% of 489 companies in 2025.

MDESIGNPROJECTS Middle half of the sector 80% of the sector Micro accounts in furniture (NACE 31)

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202620252024202320222021202020192018201720162015201420132012
Balance sheet: assets
20/58 256,931223,381291,093243,863236,001246,379260,175210,427253,926203,393210,237214,181223,824216,290210,894
21/28 173,653186,344203,337199,136214,704226,803239,982173,117195,479180,100191,993198,915182,078188,833187,100
22/27 173,653186,344203,337199,136214,704226,803239,982173,117195,479180,100191,993198,915182,078188,833187,100
22 141,164144,270150,514156,818163,123169,764176,406162,816159,942163,811167,681171,550174,812178,621179,055
23 20,41625,58832,83641,38349,90354,61560,4084,7761,0151,4983,1364,4776,0928,6478,045
24 12,07316,48519,9869351,6792,4243,1685,52534,52214,79121,17622,8881,1741,565-
29/58 83,27837,03787,75644,72721,29619,57620,19337,31058,44723,29318,24415,26641,74527,45723,793
40/41 83,27836,22220,38644,71221,29618,98119,45433,33218,04916,71912,5535,19411,2256,89623,405
40 63,6037,2068,47329,9005,8318,03213,0074,09918,04913,7697,2454411,2256,88013,791
41 19,67529,01611,91314,81215,46510,9496,44729,233-2,9505,3075,150-169,614
54/58 -81567,370----2,05838,2195,4904,7638,99730,39720,445384
490/1 ---15-5957391,9202,1791,0859281,0761231164
Balance sheet: equity and liabilities
10/49 256,931223,381291,093243,863236,001246,379260,175210,427253,926203,393210,237214,181223,824216,290210,894
10/15 41,92318,98041,332-14,1856,84952,47652,57060,91464,92132,68731,60333,01154,75334,17920,916
10/11 66,25066,25066,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,2506,250
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,35012,35012,35012,35012,35012,35012,35012,35012,350
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,86014,666
130/1 ---1,8601,8601,860---------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 ---1,8601,8601,860---------
133 1,8601,8601,860-----------12,806
14 -26,187-49,130-26,778-22,295-1,26144,36644,46052,80456,81124,57723,49324,90146,64326,069-
17/49 215,008204,401249,761258,048229,152193,903207,605149,513189,005170,706178,634181,170169,071182,111189,978
17 30,98839,66160,17796,218118,553118,553145,45891,76891,787106,425124,923142,840139,158150,048160,582
170/4 30,98839,66160,17796,218118,553118,553145,45891,76891,787106,425124,923142,840139,158150,048160,582
42/48 184,020164,740189,584161,831110,59975,35062,14857,74597,21864,28153,71138,33029,91332,06229,396
42 8,67323,94523,64711,37114,45144,95928,74420,33042,01718,49817,91717,35410,89010,53310,698
43 12,895--6303,59984013,471------520-
430/8 12,895--6303,59984013,471------520-
44 5,324-2,48410,3214,742--2,19986128-3,2002,2463,7413,288
440/4 5,324-2,48410,3214,742--2,19986128-3,2002,2463,7413,288
45 2,1721,4503,089221199183-27,91120,6052,369783,06213,51711,22915,410
450/3 722-189221199183-26,07920,6052,369785613,5178,22910,379
454/9 1,4501,4502,900----1,832---3,006-3,0005,031
47/48 154,956139,345160,363139,28787,60829,36919,9337,30633,73543,38635,71614,7143,2606,040-
Income statement
76A --2,066------------
9900 51,2934,68016,613178-24,94622,19816,60232,10376,24321,79118,220-67946,06736,06380,443
630 17,85218,17416,67815,98815,82315,90817,59314,53619,68912,43213,10413,9387,5877,55038,389
631/4 6,1932,833-------------
640/8 1,5041,4011,5521,3021,3991,1777589,0822,5131,4941,5971,7351,2051,1841,809
66A -------------175-
9901 25,744-17,728-1,618-17,112-42,1685,113-1,7498,48654,0417,8653,519-16,35237,27527,32940,245
75/76B 141124251410097364441622861226626805
75 141124251410097364441622861226626805
65/66B 2,4124,6652,8003,7283,2744,9655,1004,2824,1104,5745,1355,4565,3006,05213,109
65 2,4124,6652,8003,7283,2744,9655,1004,2824,1104,5745,1355,4565,3006,05213,109
9903 23,332-22,352-4,294-20,815-45,428248-6,7524,56849,9743,453-1,330-21,68632,04121,12727,940
67/77 182-1892191993421,5928,57617,7402,369785611,4687,86313,275
9904 23,150-22,352-4,483-21,034-45,627-94-8,344-4,00832,2341,084-1,408-21,74220,57413,26414,666
9905 23,150-22,352-4,483-21,034-45,627-94-8,344-4,00832,2341,084-1,408-21,74220,57413,26414,666
Appropriation of the result
9906 -26,187-49,130-26,778-22,295-1,26144,36644,46052,80456,81124,57723,49324,90146,64313,26414,666
14P -49,338-26,778-22,295-1,26144,366----------
791/2 -------------12,806-
691/2 --------------14,666
6920 --------------1,860
6921 --------------12,806
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2026 at the NBB, filed on 29-10-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2026 micro format 29-10-2026 2026-00595052 PDF
31-03-2025 micro format 23-10-2025 2025-00550435 PDF
31-03-2024 micro format 24-10-2024 2024-00513514 PDF
31-03-2023 micro format 24-10-2023 2023-00492291 PDF
31-03-2022 micro format 14-10-2022 2022-20460628 PDF
31-03-2021 micro format 29-10-2021 2021-75100575 PDF
31-03-2020 micro format 30-11-2020 2020-73500217 PDF
31-03-2019 micro format 02-12-2019 2019-74900194 PDF
31-03-2018 micro format 21-02-2019 2019-05600066 PDF
31-03-2017 micro format 30-11-2017 2017-70900063 PDF
31-03-2016 abbreviated format 02-11-2016 2016-67400123 PDF
31-03-2015 abbreviated format 06-10-2015 2015-64300069 PDF
31-03-2014 abbreviated format 03-10-2014 2014-63900394 PDF
31-03-2013 abbreviated format 30-12-2013 2013-70300071 PDF
31-03-2012 abbreviated format 14-12-2012 2012-66600184 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202620252024202320222021202020192018201720162015201420132012
43,59644615,061-1,124-26,34621,02115,84423,02273,73020,29716,622-2,41444,86234,87978,633
41,003-4,17812,195-5,046-29,80415,8149,24910,52851,92313,51611,696-7,80428,16120,81453,054
5,1621,18120,8794193,7422,72984,45814,67435,0685396,18230,7758329,459225,489
--66,555------36,16232,730726-4,233-21,4019,95220,061-
-100,742-127,703-101,827-117,104-89,303-55,775-41,955-20,436-38,771-40,988-35,467-23,06411,833-4,606-5,603
16.3%8.5%14.2%-5.8%2.9%21.3%20.2%28.9%25.6%16.1%15.0%15.4%24.5%15.8%9.9%
0.450.220.460.280.190.260.320.650.600.360.340.401.400.860.81
5.1310.776.04-33.463.703.952.452.915.225.655.493.095.339.08
55.2%-117.8%-10.8%--666.2%-0.2%-15.9%-6.6%49.7%3.3%-4.5%-65.9%37.6%38.8%70.1%
9.0%-10.0%-1.5%-8.6%-19.3%0.0%-3.2%-1.9%12.7%0.5%-0.7%-10.2%9.2%6.1%7.0%
18.070.105.38-0.30-8.05----------

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
Item31-03-202631-03-202531-03-202431-03-202331-03-2022
Tangible fixed assets€5,162€1,181€20,879€419€3,742
€17,852€18,174€16,678€15,988€15,823

Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)

Insights on MDESIGNPROJECTS

The operating result for 2026 is a profit of €25,744, after a loss of €17,728 in 2025. It is the highest result since 2018.

Debt's share of the balance-sheet total falls from 91.5% to 83.7%. Equity and debt are higher.

Next steps

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