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MDM

Active Private limited companyfounded 2002active for 24 yearsZuundallaan 3, 1600 Sint-Pieters-LeeuwKBO/BCE: BE 0477.959.481
MDM
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Overview

Lifetime

20 annual accounts with figures on one time axis, 23 filings since 2003
peak €265,779 (2021)
€86,276▲ 61.7%
lowest -€81,415 (2022)
€71,013▲ €72,924
peak €662,030 (2018)
€511,419▲ 16.1%
€425,955▼ 7.3%
Board1 name since 2019
1 directorDEMUYNCK Mark
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €53,361 to €86,276Back to profit: €71,013Equity from €440,406 to €511,419Cash from €49,729 to €83,714

Key points

from the 2025 annual accounts

Result

€71,013 €71,013
-€1,9102024€71,0002025

Back in profit in 2025, after a loss of €1,911 in 2024.

Filings

23 annual accounts since 2003
AprilJune31 JulyOctober20102020

Eight of the last ten came late. The 2023 accounts came latest: 68 days after the end of the period.

Position in the sector

€511,419

More equity than 89% of companies in head offices and management consultancy. Sector median €78,216 · 39,396 companies.

Checked score

94
Excellent
Financially stronger than 49% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.5 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.2 percentage points vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

80+6equity 54.6% of total assets
55+5short-term debt 20.6% · cash 8.9%
73+27return on assets 7.6%

Score breakdown

raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €937,374
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €511,419 (54.6% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 50% of them on solvency, 44% on liquidity, 37% on profitability and 63% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as MDM has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MDM itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,137 companies, not a prediction for MDM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.39 (2.11 in 2024), above the usual 1.5. Short-term debt is 20.6% and cash 8.9% of total assets. 45.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €937,374
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 28 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Equity €511,419 (54.6% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €511,419
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
25 days late
2023
68 days late
2022
31 days late
2021
22 days late
2020
18 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DM
DEMUYNCK Mark
Director, since 03-12-2019

Shares in 1 company, SOLERGIE

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0477959481
Capital decrease of €313,200 to €18,600 Capital from €331,800 to €18,600, 3,132 shares cancelled · Change of role: DEMUYNCK Mark, from manager to director · Director discharge: DEMUYNCK Mark (manager) · General meeting of 03-12-2019 · Gazette deed
First establishment Zuundallaan 3, Sint-Pieters-Leeuw
Incorporation published on 24-07-2002 · Gazette deed
All 36 events

Comparable companies

same main activity, similar in size and age
Company
MDM Sint-Pieters-Leeuw €0.9m €86,276 54.6% -
ARTHUR Grimbergen €1.0m €84,069 41.4% -
ADFIBO SERVICES Tervuren €0.9m €90,531 40.1% -
IDEAS EUROPE Overijse €1.0m €92,267 82.4% -
BLUELINE MANAGEMENT CONSULTING Leuven €0.8m €85,943 47.5% -
HOST Pajottegem €0.9m €82,761 57.4% -
Speakap Belgium Machelen (Brab.) €1.0m €87,988 7.5% 0

These companies have the same main activity as MDM: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €842,000 and €1m, founded between 1999 and 2004.

Official details

Source: KBO
Status
Active since 10-07-2002Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.114.603.8591600 Sint-Pieters-Leeuw, since 13-11-2002
Financial year end
31 December
Peppol
Reachable since 26-09-2025
Company details

Annual accounts 2025

€86,276▲ 61.7%
≈ €180,000estimated
€71,013
€511,419▲ 16.1%
€937,374▲ 4.2%
Filing
Filed on 28-08-2026
Financials

Insights on MDM

MDM files the micro format. That format states no turnover. The gross margin rose from €82,290 in 2006 to €86,276 in 2025.

The balance sheet grew most from 2016 to 2018 through fixed assets.

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

Financials

Annual accounts 2025

micro format, filed on 28-08-2026, 28 days late
€86,276
▲ 61.7%
€31,544
▲ €32,445
€71,013
▲ €72,924
€269,004
▲ 32.1%
54.6%
▲ 5.6 percentage points
2.39
▲ 0.28

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 ≈ €180,000. Estimated: probably between €130,000 and €220,000.

Balance sheet

balance sheet total €937,374 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

54.6%

Higher than 49% of 39,364 companies in 2025.

2.39

Higher than 55% of 38,048 companies in 2025.

7.6%

Higher than 37% of 38,520 companies in 2025.

MDM Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 937,374899,771911,270965,5801.1m1.3m1.2m1.3m1.2m1.2m519,510689,045798,767846,633771,670476,320360,609321,846353,283391,736
21/28 474,961512,179552,334532,707564,830584,027647,390712,140761,639833,501173,452191,022206,128194,498168,29274,98478,66285,29392,240234,370
22/27 422,411467,129514,784495,157527,280558,977622,340687,090761,589833,451173,402190,972206,078194,448168,24274,93478,61285,24392,19096,820
22 419,209465,946512,682491,171521,409555,073616,464683,806757,033831,209170,415187,030201,019188,896168,00074,43178,28985,13491,97896,627
24 3,2021,1832,1023,9875,8713,9055,8773,2844,5572,2422,9873,9415,0595,552242503323109212193
28 52,55045,05037,55037,55037,55025,05025,05025,0505050505050505050505050137,550
29/58 462,413387,592358,936432,873538,372680,845557,995548,709476,408399,341346,057498,023592,639652,136603,378401,336281,947236,553261,042157,366
40/41 9,07317,4178,0546,35470519,14337,256104,300154,715191,461101,07659,893120,90354,14172,893114,08672,054-45,02325,019
40 7,21016,1078,0056,354-19,14330,64432,19226,62455,19664,46253,412120,90353,41261,529104,36371,987-45,02325,019
41 1,8631,31049-705-6,61372,108128,090136,26536,6146,481-72811,3649,72368---
50/53 368,808319,706309,510309,510304,967319,291189,12872,61626,42150,51821,50821,30418,74418,59718,398155,639155,280183,792160,00185,946
54/58 83,71449,72940,650117,009232,699342,411331,411371,793295,273157,362223,473416,827452,992579,261511,901131,47454,47652,62455,88245,990
490/1 818739721---200------137187137137137137412
Balance sheet: equity and liabilities
10/49 937,374899,771911,270965,5801.1m1.3m1.2m1.3m1.2m1.2m519,510689,045798,767846,633771,670476,320360,609321,846353,283391,736
10/15 511,419440,406442,316491,682573,097440,267381,917662,030606,791549,786504,305481,384134,945405,459356,553367,942270,156214,102192,878163,858
10/11 6,2006,2006,2006,2006,2006,2006,200319,400319,400319,400319,400319,4006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,600331,800331,800331,800331,800331,80018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 566,897566,897566,897566,897566,897434,067375,717342,630287,391230,386184,905161,98451,259350,35311,742263,956207,902186,678157,65880,651
130/1 1,8601,8601,8601,8601,8601,860-328,537276,348222,463179,47231,418--------
130 ------1,86013,60010,5507,4294,9403,6801,8601,8601,8601,8601,8601,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860--------------
1319 -------328,537276,348222,463179,47231,418--------
133 565,037565,037565,037565,037565,037432,207373,857493493493493126,88549,399348,4939,882262,096206,042184,818155,79878,791
14 -61,678-132,692-130,781-81,415--------77,48648,906338,61197,78656,05421,22429,02077,007
17/49 425,955459,365468,954473,899530,104824,605823,469598,819631,256683,05715,204207,662663,821441,174415,116108,37790,453107,744160,404227,878
17 221,042266,065310,380353,997396,927439,181480,769521,703561,992601,646----1,85423,60944,51464,60283,905102,452
170/4 221,042266,065310,380353,997396,927439,181480,769521,703561,992601,646----1,85423,60944,51464,60283,905102,452
42/48 193,408183,969152,114116,288126,382374,536342,70077,11669,26481,31013,965178,508646,874423,440409,17883,12245,93942,14771,568119,511
42 45,02444,31543,61742,93042,25441,58940,93440,28939,65439,030---1,85421,75520,90520,08819,30318,54817,823
43 ----------0-------455-
430/8 ----------0-------455-
44 3124922,7132,0975,51610,90120,7919,71011,5826,7599,8487,3946,5509,0634,3156,0752,0083,8064,1205,481
440/4 3124922,7132,0975,51610,90120,7919,71011,5826,7599,8487,3946,5509,0634,3156,0752,0083,8064,1205,481
45 4,9028,1485,45216,85427,49212,10734715,1176,02823,5214,11617,67723,3731,2652,7286,86010,48617,64120,53840,950
450/3 4,9028,1485,45216,85427,49212,10734715,1176,02823,5214,11617,67723,3731,2652,7286,86010,48617,64120,53840,950
47/48 143,171131,015100,33254,40651,120309,939280,62812,00012,00012,000-153,437616,951411,258380,38149,28113,3571,39727,90855,257
492/3 11,5059,3316,4603,6146,79510,888---1001,23929,15416,94717,7344,0841,647-9964,9325,914
Income statement
9900 86,27653,3617,032-19,840265,779153,970149,978169,058134,743139,38467,68076,173142,26991,39684,963106,49692,21556,00655,00982,290
630 47,91447,65546,98948,25048,79977,27675,20474,49975,44975,41617,57017,89217,61414,78514,7347,2737,1266,9476,9867,142
640/8 6,8186,6086,3815,5318,8855,9493,5523,0931,6662,1462,0702,0292,5221,7321,5301,5301,5091,5121,4881,301
66A -------------------15
9901 31,544-901-46,338-73,622208,09470,74671,22291,46657,62761,82248,04156,252122,13374,87868,70097,69483,57947,54646,53573,846
75/76B 54,17712,9256,4071,43218,23574,52216,4287,50931,9138,7945,4036,5809,03513,493296,80448,6272,0461,6356,21554,566
75 54,17712,9256,4071,43218,23574,52216,4287,50931,9138,7945,4036,5809,03513,493296,80448,6272,0461,6356,21554,566
65/66B 14,70813,9349,4359,22625,65748,62533,89618,87010,7741,3261,12411,87818,80518,1585,2953,6661,37611,4026,4667,779
65 14,70813,9349,4359,22625,65748,62533,89618,87010,7741,3261,12411,87818,80518,1585,2953,6661,37611,4026,4667,779
9903 71,013-1,911-49,366-81,415200,67396,64353,75580,10478,76769,29052,32050,954112,36370,213360,209142,65584,24937,78046,284120,618
67/77 ----67,84238,29320,66824,86521,76223,80929,39817,71634,87721,30721,59844,86928,19516,55617,26443,611
9904 71,013-1,911-49,366-81,415132,83158,35033,08755,23957,00545,48022,92233,23877,48648,906338,61197,78656,05421,22429,02077,007
9905 71,013-1,911-49,366-81,415132,83158,35033,08755,23957,00545,48022,92233,23877,48648,906338,61197,78656,05421,22429,02077,007
Appropriation of the result
9906 -61,678-132,692-130,781-81,415132,83158,35033,08755,23957,00545,48022,922110,724126,392387,517436,397153,84077,27850,244106,027103,459
14P -132,692-130,781-81,415-----------------
791/2 ------11,740-----348,000-350,000-----
691/2 ----132,83158,35044,82755,23957,00545,48022,922110,72448,906338,61197,78656,05421,22429,02077,00726,452
6920 -------3,0503,1212,4891,2601,820--------
6921 ----132,83158,35044,82752,18953,88442,99121,662108,90448,906338,61197,78656,05421,22429,02077,00726,452
694/7 ------------348,000-350,000-----
694 ------------348,000-350,000-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 3 older financial years (2003-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 9 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 2025 at the NBB, filed on 28-08-2026.

Download as CSV

Filings

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

2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00439764.

Financial year Type Filed Reference Document
31-12-2025 micro format 28-08-2026 2026-00439764 PDF
31-12-2024 micro format 25-08-2025 2025-00407213 PDF
31-12-2023 micro format 07-10-2024 2024-00506541 PDF
31-12-2022 micro format 31-08-2023 2023-00442075 PDF
31-12-2021 micro format 22-08-2022 2022-20349705 PDF
31-12-2020 micro format 18-08-2021 2021-50500075 PDF
31-12-2019 micro format 30-09-2020 2020-57100172 PDF
31-12-2018 micro format 30-07-2019 2019-41000343 PDF
31-12-2017 micro format 30-07-2018 2018-40600319 PDF
31-12-2016 micro format 31-08-2017 2017-59400073 PDF
31-12-2015 abbreviated format 29-07-2016 2016-39300022 PDF
31-12-2014 abbreviated format 30-07-2015 2015-39800133 PDF
31-12-2013 abbreviated format 28-07-2014 2014-36200385 PDF
31-12-2012 abbreviated format 24-07-2013 2013-34000268 PDF
31-12-2011 abbreviated format 24-07-2012 2012-32900405 PDF
31-12-2010 abbreviated format 26-07-2011 2011-34200070 PDF
31-12-2009 abbreviated format 09-07-2010 2010-29200074 PDF
31-12-2008 abbreviated format 19-08-2009 2009-60400097 PDF
31-12-2007 abbreviated format 17-07-2008 2008-42600291 PDF
31-12-2006 abbreviated format 18-07-2007 2007-42600178 PDF
31-12-2005 abbreviated format 28-07-2006 2006-57303906 PDF
31-12-2004 abbreviated format 15-07-2005 2005-50102797 PDF
31-12-2003 abbreviated format 30-07-2004 2004-56603627 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €1,481 awarded, €1,481 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
€1,481

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
79,45846,754651-25,371256,894148,022146,426165,965133,076137,23865,61074,144139,74689,66383,433104,96790,70654,49453,52180,989
118,92745,744-2,377-33,165181,630135,626108,291129,738132,455120,89740,49151,13195,09963,691353,345105,05963,18028,17136,00684,149
3,1967,50066,61616,12867,10213,91310,45425,0003,587735,46602,78629,24440,991108,0423,59549502,356140,524
33,9859,079-76,359-115,690-109,71210,999-40,38276,520137,911-66,111-193,353-36,165-126,26967,360380,42776,9981,852-3,2589,892-
269,004203,623206,822316,585411,989306,309215,296471,593407,144318,031332,093319,516-54,236228,696194,199318,214236,008194,407189,47437,855
54.6%48.9%48.5%50.9%51.9%34.8%31.7%52.5%49.0%44.6%97.1%69.9%16.9%47.9%46.2%77.2%74.9%66.5%54.6%41.8%
2.392.112.363.724.261.821.637.126.884.9124.782.790.921.541.474.836.145.613.651.32
0.831.041.060.960.921.872.160.901.041.240.030.434.921.091.160.290.330.500.831.39
13.9%-0.4%-11.2%-16.6%23.2%13.3%8.7%8.3%9.4%8.3%4.5%6.9%57.4%12.1%95.0%26.6%20.7%9.9%15.0%47.0%
7.6%-0.2%-5.4%-8.4%12.0%4.6%2.7%4.4%4.6%3.7%4.4%4.8%9.7%5.8%43.9%20.5%15.5%6.6%8.2%19.7%
5.403.360.07-2.7510.01---------------

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
Item20252024202320222021
Tangible fixed assets€3,196-€66,616€16,128€17,102
Financial fixed assets----€50,000
€47,914€47,655€46,989€48,250€48,799

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on MDM

The operating result for 2025 is a profit of €31,544, after a loss of €901 in 2024. It is the highest result since 2021.

Debt's share of the balance-sheet total falls from 51.1% to 45.4%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2020
DEMUYNCK Mark
Director (not named in the articles)
since 03-12-2019 term without a fixed end
earlier manager, until 06-01-2020
listed in the 2025 annual accounts, filed on 28-08-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DEMUYNCK Mark
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • DEMUYNCK Mark
    • Director (not named in the articles), from 03-12-2019 to date
    • Manager, until 06-01-2020

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
€6,200
Source
2025 annual accounts

Articles of association

deed of 06-01-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Algemene vergadering die benoemt”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
186 shares
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Helft overdrager en helft koper(s), geen beroep op rechter”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 14:00

Capital transactions

Capital over time
  1. 06-01-2020 Capital reduction of €313,200 · to €18,600
  2. 06-01-2020 Converted to unavailable equity · €20,460

Network & group

Holdings

own 2023 accounts, the bar shows equity in euros
This companyMDM1 holding, 1 country 2023 accounts

Belgium 1 Equity Result

  • BE SOLERGIE1.73%open bankruptcy €15,487 result -€3.4m

Source: list of holdings in its own 2023 accounts. Every holding stands with its own latest accounts.

The LEI register names no parent.

At the same address

Zuundallaan 3, 1600 Sint-Pieters-Leeuw · 1 other company
HERMES SERVICES
establishment since 07-11-1990 · founded in 1990
 total assets €294,010 (2025)
0441.768.088

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2018 to 2023
Holdings through the years
Name201820192020202120222023
SOLERGIE 1.73%

Source: list of holdings in its own accounts

Connections & network

1 current director
Depth

The network starts from the directors of MDM. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

36 events since 2002

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Back to profit net €71,013 The net result is €71,013, after 3 loss-making years.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0477959481
Annual accounts 2024 filed PDFmicro format · 25 days late
2024
Annual accounts 2023 filed PDFmicro format · 68 days late
2023
Annual accounts 2022 filed PDFmicro format · 31 days late
2022
Weakest financial year net -€81,415 The net result drops to -€81,415, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 22 days late
2021
Liquidity more than doubled current ratio 4.26 The current ratio rises from 1.82 to 4.26. Short-term debt falls from €374,536 to €126,382.
Annual accounts 2020 filed PDFmicro format · 18 days late
2020
Annual accounts 2019 filed PDFmicro format · 61 days late
Capital decrease of €313,200 to €18,600Capital from €331,800 to €18,600, 3,132 shares cancelled · Change of role: DEMUYNCK Mark, from manager to director · Director discharge: DEMUYNCK Mark (manager) · General meeting of 03-12-20199 points ▸
  • Director resignation, DEMUYNCK Mark (manager)
  • Director discharge, DEMUYNCK Mark (manager)
  • Director appointment, DEMUYNCK Mark (director (not named in the articles))
  • Registered office clause, Zuundallaan 3, 1600 Sint-Pieters-Leeuw
  • General meeting, 03-12-2019
  • Capital decrease, €313,200
  • Amendment of the articles, article 5
  • Amendment of the articles, article 11
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFmicro format · 1 day before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 1 day before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 2 days before the deadline
2015
Liquidity more than 8 times current ratio 24.78 The current ratio rises from 2.79 to 24.78. Short-term debt falls from €178,508 to €13,965.
Equity above €500,000 equity €504,305 ▲4.8% Equity rises from €481,384 to €504,305.
Annual accounts 2014 filed PDFabbreviated format · 1 day before the deadline
2014
Liquidity triples current ratio 2.79 The current ratio rises from 0.92 to 2.79. Short-term debt falls from €646,874 to €178,508.
Annual accounts 2013 filed PDFabbreviated format · 3 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 7 days before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 7 days before the deadline
2011
Highest result from 2006 to 2025 net €338,611 ▲246% The net result of €338,611 is the highest of those years.
Annual accounts 2010 filed PDFabbreviated format · 5 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 22 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 19 days late
2008
Equity above €200,000 equity €214,102 ▲11% With a profit in every financial year since 2006, equity grows to €214,102.
Annual accounts 2007 filed PDFabbreviated format · 14 days before the deadline
2007
Liquidity more than doubled current ratio 3.65 The current ratio rises from 1.32 to 3.65. Short-term debt falls from €119,511 to €71,568.
Annual accounts 2006 filed PDFabbreviated format · 13 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2002
First establishment Zuundallaan 3, Sint-Pieters-Leeuw
Incorporation published on 24-07-2002

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

On 10 July 2002, MDM was incorporated.1 Total assets went from €1.3m in 2018 to €937,374 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0477.959.481
VAT number
BE 0477.959.481
Peppol ID
0208:0477959481
Other Peppol ID
9925:BE0477959481
LEI code
9676003OTVPJCXTIVQ79 live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
10-07-2002
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 14:00
deed of 06-01-2020 (in Dutch)
Peppol
Reachable since 26-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MDM in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-01-2020 (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 06-01-2020 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity
Codes under NACEBEL 2003
74142 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Voor eigen rekening het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons,of andere roerende waarden,van…”
11 activities
  1. Voor eigen rekening het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons,of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen en het beheer van een roerend vermogen.
  2. Het bevorderen van de oprichting van vennootschappen door inbreng,participaties of investering
  3. De samenstelling en het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het verwerven door aankoop of anderszins,het verkopen,het ruilen,het bouwen,het verbouwen,het verbeteren,het uitrusten,het aanpassen,het verfraaien,het onderhouden,het verhuren,het huren,het verkavelen,het prospecteren en het uitbaten van onroerende goederen,alsmede handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de uitbreiding en de opbrengst van de onroerende goederen te bevorderen,alsmede het zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
  4. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
  5. Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;In de ruimste zin,met uitzondering van adviesverschaffing inzake beleggingen en geldplaatsingen,bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur;het verlenen van alle dienstprestaties en het uitvoeren van alle opdrachten onder de vorm van organisatiestudies,expertises,technische handelingen en raadgevingen of andere op eender welk vlak binnen het voorwerp van de vennootschap
  6. Het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies die rechtstreeks of onrechtstreeks met het voorwerp van de vennootschap verband houden
  7. Alle burgerlijke,handels-,roerende en onroerende verrichtingen die rechtstreeks of onrechtstreeks verband houden met een tak van het voorwerp of de zaken uitbreiden en bevorderen
  8. Deelnemen bij wijze van inbreng,fusie,inschrijving of andere tussenkomst in bestaande of op te richten vennootschappen in België of buitenland met gelijkaardig of aanverwant voorwerp
  9. De functie of mandaat van bestuurder of vereffenaar van andere vennootschappen uitoefenen
  10. Wijziging voorwerp bij besluit algemene vergadering voor notaris mits voorschriften WVV;vereiste wettelijke machtigingen bekomen
  11. Opsomming aanwijzend niet beperkend;samenwerken,deelnemen,belangen nemen via inschrijving,inbreng,deelneming in vennootschap met gelijkaardige,verwante of aanvullende bedrijvigheid;borg stellen inclusief hypotheek of pand op eigen handelszaak;alle commerciële,industriële,financiële,roerende of onroerende handelingen die verwezenlijking vergemakkelijken,bevorderen of begunstigen
deed of 06-01-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Zuundallaan 3 registered office 1600 Sint-Pieters-Leeuw 64210 Activities of holding companies 13-11-2002 2.114.603.859

Buildings and parcels at the address

Ground area
801 m²
Buildings
168 m²
Volume, LiDAR
887 m³
Tallest building
8.7 m
Buildings to scale, each on its own parcel
168 m², 8.7 m 168 m², 8.7 m

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
23077C0031/00B002801 m² 1 · 168 m² 8.7 m · 2

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