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MDV DEVELOPMENT

Active Risk: not assessed Private limited companyfounded 2011active for 15 yearsBeneluxpark 26, 8500 KortrijkKBO/BCE: BE 0832.622.066
MDV DEVELOPMENT
Financial year 2025
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Annual accounts 2025

micro format, filed on 09-03-2026, 52 days before the deadline
€16,484
▲ 47.1%
€19.6m
unchanged
€5,275
▲ 15×
0.1%
unchanged
32.0%
▲ 28.8 percentage points
0.0%
unchanged

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

Balance sheet

balance sheet total €19.6m on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

0.1%

Higher than 9% of 9,767 companies in 2025.

0.0%

Higher than 18% of 9,621 companies in 2025.

MDV DEVELOPMENT Middle half of the sector 80% of the sector Micro accounts in financial services (NACE 64)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222020201920182017201620152014201320122011
Balance sheet: assets
20/58 19.6m19.6m19.6m477,772375,581603,030646,642664,364675,248666,242647,709659,515633,578610,413
21/28 19.5m19.5m19.5m228,768-203,750220,000236,250252,500268,750285,000301,250317,500333,750
22/27 8672,0682,096--203,750220,000236,250252,500268,750285,000301,250317,500333,750
22 -----203,750220,000236,250252,500268,750285,000301,250317,500333,750
24 8672,0682,096-----------
28 19.5m19.5m19.5m228,768----------
29/58 30,54321,18746,698249,004375,581399,280426,642428,114422,748397,492362,709358,265316,078276,663
29 ---227,06195225,71352,18470,66692,92082,25686,20140,99341,757-
291 ---227,06195225,71352,18470,66692,92082,25686,20140,99341,757-
40/41 8,2407,92436,05715,000373,266373,059366,661325,388325,388284,308265,691271,723253,957270,001
40 7,7437,50035,25015,000207---------
41 497424807-373,059373,059366,661325,388325,388284,308265,691271,723253,957270,001
54/58 20,76611,4244,7246,9431,3625071,1209,2824,44010,11835125,7841,9872,448
490/1 1,5361,8395,918---6,67822,777-20,81010,46619,76518,3774,214
Balance sheet: equity and liabilities
10/49 19.6m19.6m19.6m477,772375,581603,030646,642664,364675,248666,242647,709659,515633,578610,413
10/15 16,48411,20910,8485,760375,547426,830445,326444,441440,753435,927416,935400,987381,075360,413
10/11 2,5002,5002,5002,500350,350350,350350,350350,350350,350350,350350,350350,350350,350350,350
100 -----350,350350,350350,350350,350350,350350,350350,350350,350350,350
13 13,9848,7098,3483,26035,03576,48094,97694,09190,40385,57766,58550,63730,72510,063
130/1 ----35,035---------
130 -----35,03535,03535,03535,03535,03535,03535,03530,72510,063
1311 ----35,035---------
133 13,9848,7098,3483,260-41,44559,94159,05655,36850,54231,55015,602--
14 -----9,838---------
17/49 19.5m19.5m19.6m472,01233176,200201,317219,923234,495230,315230,774258,528252,503250,000
17 19.5m19.5m19.5m472,012-149,541171,313192,6964,200-----
170/4 19.5m19.5m19.5m472,012-145,341167,113188,496------
178/9 -----4,2004,2004,2004,200-----
42/48 1,37247227,272-3326,65830,00427,227230,295230,315230,774256,528252,503250,000
42 -----21,77221,38321,001------
43 --------225,000225,000225,000250,000250,000250,000
430/8 --------225,000225,000225,000250,000250,000250,000
44 275235,794-334,8872,285--20----
440/4 275235,794-334,8872,285--20----
46 --12,500-----------
45 1,0974498,978---3362275,2955,2955,7746,5282,503-
450/3 1,0974498,978---3362275,2955,2955,7746,5282,503-
47/48 ------6,0006,000------
492/3 -----------2,000--
Income statement
9900 8,8773,06023,29912,932-3,7273,650-2,0722,7714,93715,36729,26226,49228,07621,828
60/61 -------------6,028
630 1,2001,152381--16,25016,25016,25016,25016,25016,25016,25016,25016,250
640/8 1,3721,0888746,16542,9443,2972,8992,7903,3163,2562,6942,6682,6052,765
9901 6,30582122,0446,767-46,672-15,897-21,221-16,269-14,629-4,13910,3187,5749,2212,813
75/76B --5,8273,21323974926,19124,52322,93331,01710,77919,99218,37912,656
75 --5,8273,21323974926,19124,52322,93331,01710,77919,99218,37912,656
65/66B 17315022,1207,2674,8503,3483,7504,3393,4782,5913,4003,6284,4355,406
65 17315022,1207,2674,8503,3483,7504,3393,4782,5913,4003,6284,4355,406
9903 6,1326715,7502,713-51,283-18,4961,2203,9154,82624,28717,69723,93823,16510,063
67/77 857310662---336227-5,2951,7494,0262,503-
9904 5,2753605,0882,713-51,283-18,4968853,6884,82618,99215,94819,91220,66210,063
9905 5,2753605,0882,713-51,283-18,4968853,6884,82618,99215,94819,91220,66210,063
Appropriation of the result
9906 5,2753605,088-7,125-51,283-18,4968853,6884,82618,99215,94819,91220,66210,063
14P ----9,838----------
791/2 ---34,48841,44518,496--------
691/2 5,2753605,0882,713--8853,6884,82618,99215,94819,91220,66210,063
6920 -----------4,31020,66210,063
6921 5,2753605,0882,713--8853,6884,82618,99215,94815,602--
694/7 ---24,650----------
694 ---24,650----------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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 09-03-2026.

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
30-09-2025 micro format 09-03-2026 2026-00053302 PDF
30-09-2024 micro format 14-04-2025 2025-00070482 PDF
30-09-2023 micro format 06-05-2024 2024-00084507 PDF
30-09-2022 micro format 30-04-2023 2023-00077525 PDF
31-12-2020 abbreviated format 15-07-2021 2021-35800354 PDF
31-12-2019 abbreviated format 21-08-2020 2020-43500419 PDF
31-12-2018 abbreviated format 19-07-2019 2019-34800107 PDF
31-12-2017 abbreviated format 30-08-2018 2018-56100013 PDF
31-12-2016 abbreviated format 14-07-2017 2017-31400259 PDF
31-12-2015 abbreviated format 07-07-2016 2016-28700294 PDF
31-12-2014 abbreviated format 08-07-2015 2015-28100148 PDF
31-12-2013 abbreviated format 08-07-2014 2014-28300538 PDF
31-12-2012 abbreviated format 16-07-2013 2013-31300117 PDF
31-12-2011 abbreviated format 11-07-2012 2012-28700071 PDF

Subsidies and aid

Flemish government 2023, 1 entry, €1,711 awarded, €1,711 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,711

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222020201920182017201620152014201320122011
01,12319.5m228,768-00000000350,000
9,3436,700-2,220-854-612-8,1634,842-5,6789,767-25,43323,797-461-
0.1%0.1%0.1%1.2%100.0%70.8%68.9%66.9%65.3%65.4%64.4%60.8%60.1%59.0%
32.0%3.2%46.9%47.1%-13.7%-4.3%0.2%0.8%1.1%4.4%3.8%5.0%5.4%2.8%
0.0%0.0%0.0%0.6%-13.7%-3.1%0.1%0.6%0.7%2.9%2.5%3.0%3.3%1.6%

A ratio outside any meaningful range has been withheld (balance sheet total €19.6m, equity €16,484).

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
Item30-09-202530-09-202430-09-202330-09-2022
Tangible fixed assets-€1,123€2,478-
Financial fixed assets--€19.5m€228,768
€1,200€1,152€381-

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on MDV DEVELOPMENT

The operating result for 2025 is 7.7 times that of 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total stays at 99.9%.

Next steps

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