Financials
Financial year 2025
MADO from Zottegem, company number BE0424977190, closed financial year 2025 with a result of € 3,181 after tax. For that financial year MADO recorded a gross margin of € 4,861 and equity of € 272,876. Compared with financial year 2024, the result moved from € -1,165 to € 3,181. Profitable, and profit is growing. 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 March 13, 2026.
€ 272,876
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,181
▲ still € 1,165 loss in 2024
Profit after tax over the fiscal year.
€ 103,609
▲ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 16,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 150
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 719
▲ 70% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,464 | € 108,506 | € 3,447 | € 4,861 | ▲ 41% |
| Profit after taxes | € -6,445 | € 88,701 | € -1,165 | € 3,181 | ▲ € 4,346 |
| Equity | € 198,159 | € 286,860 | € 285,695 | € 272,876 | ▼ 4% |
| Total debts | € 656 | € 1,635 | € 1,743 | € 869 | ▼ 50% |
| Cash | € 35,478 | € 195,461 | € 54,839 | € 103,609 | ▲ 89% |
| Land & buildings | € 149,416 | € 67,536 | € 67,536 | € 67,536 | |
| Retained profit | € 179,567 | € 268,268 | € 267,103 | € 254,284 | ▼ 5% |
| Dividend | € 0 | € 0 | € 0 | € 16,000 | |
| Balance sheet total | € 198,815 | € 288,494 | € 287,438 | € 273,745 | ▼ 5% |
Key figures of MADO, 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 MADO?
What happened at MADO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,181. Source: NBB ↗
- Eddie Maes became a director. NBB
- Brigitta Dhondt became a director. NBB
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,445 loss in 2022 to € 3,181 profit in 2025.
Paid € 18,184 in corporate taxes since 2022.
Best year ever: 2023, with € 88,701 profit.
Paid out € 16,000 in dividends to the owners in total.
Management
Behind MADO are Eddie Maes and Brigitta Dhondt.
Directors
According to the 2025 annual accounts
Eddie Maes
Director
since 2022
Brigitta Dhondt
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Acacialaan 110
9620 Zottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.977.190
- VAT number
- BE 0424.977.190
- Registered office
- Acacialaan 110, 9620 Zottegem
- Names & denominations
- MADO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 1983
- Peppol
- Active · Active since 16 Sept 2025