What does Madelec do?

Madelec is a plumber in Waregem. Public Limited, started on 1 January 1968, 1 establishment.

What is the address of Madelec?

The registered office of Madelec is located at Kalkhoevestraat 52, 8790 Waregem.

Is Madelec still active?

Yes. According to the CBE (30 October 2026) Madelec is active, legal situation “Normale toestand”, started on 1 January 1968.

Is Madelec registered on Peppol?

Yes, Madelec is registered on the Peppol network with ID 0208:0405428326.

What is the enterprise number of Madelec?

The enterprise number of Madelec is BE0405428326.

When was Madelec founded?

Madelec was founded on 1 January 1968.

Who are the directors of Madelec?

According to the 2025 annual accounts, the directors of Madelec are: CJWM BV, RMA Management, Leysen Delmulle Management NV, Caroline Delmulle.

Is Madelec a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Madelec make in 2025?

Madelec posted a profit after taxes of € 256,691 in financial year 2025.

What is the revenue of Madelec?

As a small company, Madelec is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,228,642.

How much does an employee at Madelec earn?

The average wage cost per full-time employee at Madelec was € 61,400 in 2025: staff costs of € 2.7 million for 44.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Madelec have?

According to the 2025 annual accounts, Madelec has 44.8 full-time equivalents (FTE).

Does Madelec have a website?

Yes, Madelec has a website at madelec.be.

Madelec (Public Limited) - Waregem - BE0405428326

Dossier Madelec, printed on 30 October 2026 from databakkes.be/en/0405428326/madelec. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 53.8 to 44.8.

Financials

Financial year 2025

Madelec from Waregem, company number BE0405428326, closed financial year 2025 with a result of € 256,691 after tax. For that financial year Madelec recorded a gross margin of € 3.2 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 489,094 to € 256,691. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.

What it is worth Healthy

€ 2.7 million

▼ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 256,691

▼ 48% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 874,617

▼ 54% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 500,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

44.8

▼ 3.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.7 million

▼ 2% vs 2024

€ 61,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 213,245

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 457,185

▼ 27% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 313,821

▲ 16% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,047,185 Gross margin 2022: € 3,047,185 First fiscal year in the series	€ 3,724,970 Gross margin 2023: € 3,724,970 ▲ 22% vs 2022 (€ 3,047,185) Favourable step	€ 3,602,877 Gross margin 2024: € 3,602,877 ▼ 3% vs 2023 (€ 3,724,970) Unfavourable step	€ 3,228,642 Gross margin 2025: € 3,228,642 ▼ 10% vs 2024 (€ 3,602,877) Unfavourable step	▼ 10%
Profit after taxes	€ -132,345 Profit after taxes 2022: € -132,345 First fiscal year in the series	€ 341,815 Profit after taxes 2023: € 341,815 ▲ € 474,159 vs 2022 (€ -132,345) Favourable step	€ 489,094 Profit after taxes 2024: € 489,094 ▲ 43% vs 2023 (€ 341,815) Favourable step	€ 256,691 Profit after taxes 2025: € 256,691 ▼ 48% vs 2024 (€ 489,094) Unfavourable step	▼ 48%
Equity	€ 2,649,744 Equity 2022: € 2,649,744 First fiscal year in the series	€ 2,931,559 Equity 2023: € 2,931,559 ▲ 11% vs 2022 (€ 2,649,744) Favourable step	€ 2,920,652 Equity 2024: € 2,920,652 Unchanged (€ 2,931,559) Unfavourable step	€ 2,677,344 Equity 2025: € 2,677,344 ▼ 8% vs 2024 (€ 2,920,652) Unfavourable step	▼ 8%
Total debts	€ 1,030,151 Total debts 2022: € 1,030,151 First fiscal year in the series	€ 1,189,977 Total debts 2023: € 1,189,977 ▲ 16% vs 2022 (€ 1,030,151) Unfavourable step	€ 1,424,682 Total debts 2024: € 1,424,682 ▲ 20% vs 2023 (€ 1,189,977) Unfavourable step	€ 1,310,275 Total debts 2025: € 1,310,275 ▼ 8% vs 2024 (€ 1,424,682) Favourable step	▼ 8%
Cash	€ 1,302,467 Cash 2022: € 1,302,467 First fiscal year in the series	€ 1,277,072 Cash 2023: € 1,277,072 ▼ 2% vs 2022 (€ 1,302,467) Unfavourable step	€ 1,900,930 Cash 2024: € 1,900,930 ▲ 49% vs 2023 (€ 1,277,072) Favourable step	€ 874,617 Cash 2025: € 874,617 ▼ 54% vs 2024 (€ 1,900,930) Unfavourable step	▼ 54%
Land & buildings	€ 25,415 Land & buildings 2022: € 25,415 First fiscal year in the series	€ 8,713 Land & buildings 2023: € 8,713 ▼ 66% vs 2022 (€ 25,415) Unchanged	€ 6,865 Land & buildings 2024: € 6,865 ▼ 21% vs 2023 (€ 8,713) Unchanged	€ 5,017 Land & buildings 2025: € 5,017 ▼ 27% vs 2024 (€ 6,865) Unchanged	▼ 27%
Retained profit	€ 2,468,295 Retained profit 2022: € 2,468,295 First fiscal year in the series	€ 2,750,109 Retained profit 2023: € 2,750,109 ▲ 11% vs 2022 (€ 2,468,295) Favourable step	€ 2,739,203 Retained profit 2024: € 2,739,203 Unchanged (€ 2,750,109) Unfavourable step	€ 2,495,894 Retained profit 2025: € 2,495,894 ▼ 9% vs 2024 (€ 2,739,203) Unfavourable step	▼ 9%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 60,000 Dividend 2023: € 60,000 Unchanged (€ 0) Unchanged	€ 500,000 Dividend 2024: € 500,000 ▲ € 440,000 vs 2023 (€ 60,000) Unchanged	€ 500,000 Dividend 2025: € 500,000 Unchanged (€ 500,000) Unchanged
Balance sheet total	€ 3,699,895 Balance sheet total 2022: € 3,699,895 First fiscal year in the series	€ 4,140,035 Balance sheet total 2023: € 4,140,035 ▲ 12% vs 2022 (€ 3,699,895) Unchanged	€ 4,363,834 Balance sheet total 2024: € 4,363,834 ▲ 5% vs 2023 (€ 4,140,035) Unchanged	€ 3,987,618 Balance sheet total 2025: € 3,987,618 ▼ 9% vs 2024 (€ 4,363,834) Unchanged	▼ 9%
Employees (FTE)	53.4 Employees (FTE) 2022: 53.4 First fiscal year in the series	53.8 Employees (FTE) 2023: 53.8 ▲ 0.4 vs 2022 (53.4) Unchanged	48.4 Employees (FTE) 2024: 48.4 ▼ 5.4 vs 2023 (53.8) Unchanged	44.8 Employees (FTE) 2025: 44.8 ▼ 3.6 vs 2024 (48.4) Unchanged	▼ 3.6

Key figures of Madelec, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Madelec?

What happened at Madelec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 CJWM BV stepped down as director. NBB
2030 RMA Management stepped down as director. NBB
2030 Leysen Delmulle Management NV stepped down as director. NBB
2030 Caroline Delmulle stepped down as director. NBB
Jun 4, 2026 New annual accounts for financial year 2025: profit of € 256,691 (▼ 48% vs 2024). Source: NBB ↗
2024 CJWM BV became a director. NBB
2024 RMA Management became a director. NBB
2024 Leysen Delmulle Management NV became a director. NBB

In short

From € 132,345 loss in 2022 to € 256,691 profit in 2025.

Paid € 330,018 in corporate taxes since 2022.

Best year ever: 2024, with € 489,094 profit.

On average € 72,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

CJWM 100%

The stake of CJWM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Madelec

The shares are held by CJWM (100%).

Directors

According to the 2025 annual accounts

CJWM BV

Managing director · represented by Charles Leysen

since 2024 · until 2030

RMA Management

Director · represented by Rony Maesen

since 2024 · until 2030

Leysen Delmulle Management NV

Managing director · represented by Leysen Guy

Also active at: Celimmo Invest

since 2024 · until 2030

Caroline Delmulle

Director

Also active at: LEYSEN DELMULLE MANAGEMENT

since 2024 · until 2030

Shareholders

CJWM

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kalkhoevestraat 52

8790 Waregem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS madelec.be

Canonical: https://www.madelec.be/nl/home/

About

Technologies

ApacheGoogle AnalyticsPWAlazysizes

Hosting & Email

Email provider

Microsoft 365

Hosting

HETZNER-AS, DE

Website info

HTTPS Ja

Languages FR, NL

Features

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Security

✓ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0405.428.326

VAT number

BE 0405.428.326

Registered office

Kalkhoevestraat 52, 8790 Waregem

Names & denominations

Madelec

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 January 1968

Peppol

Active · Active since 22 Oct 2025

Contact

madelec.be

Activities · NACE

Sanitaire werkzaamheden

Overig loodgieterswerk

Algemene elektrotechnische installatiewerken

Elektrische installatie

Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit

Installatie van verwarming, klimaatregeling en ventilatie

View on CBE Public ↗ Annual accounts (NBB) ↗

Madelec

Warning lights

Financials

What happened to Madelec?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions