Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MADUELEC from Gembloux, company number BE0433619001, closed financial year 2025 with a result of € -3,363 after tax. For that financial year MADUELEC recorded a gross margin of € 61,767 and equity of € 28,078. Compared with financial year 2024, the result moved from € -22,764 to € -3,363. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 28,078
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,363
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 9,683
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 21,533.
People and assets in 2025
€ 62,716
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 16,015
▲ 80% vs 2024
€ 1,015 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 131,652
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,892
▼ 67% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,028 | € 83,885 | € 41,198 | € 61,767 | ▲ 50% |
| Profit after taxes | € 3,894 | € 22,516 | € -22,764 | € -3,363 | ▲ € 19,401 |
| Equity | € 31,689 | € 54,205 | € 31,441 | € 28,078 | ▼ 11% |
| Total debts | € 195,833 | € 158,310 | € 135,150 | € 175,559 | ▲ 30% |
| Cash | € 38,552 | € 50,073 | € 9,151 | € 9,683 | ▲ 6% |
| Retained profit | € 25,144 | € 47,661 | € 24,896 | € 21,533 | ▼ 14% |
| Bank debt | € 28,066 | € 915 | € 8,915 | € 16,015 | ▲ 80% |
| Balance sheet total | € 227,522 | € 212,515 | € 166,591 | € 203,636 | ▲ 22% |
Key figures of MADUELEC, 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 MADUELEC?
What happened at MADUELEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,363. filed late Source: NBB ↗
- New establishment in Gembloux. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,894 profit in 2022 to € 3,363 loss in 2025.
Paid € 9,941 in corporate taxes since 2022.
Best year ever: 2023, with € 22,516 profit.
Management
Behind MADUELEC are Hervé Dury and Jean Dury. The same people are also behind WIMAJECA. Jean Dury is also behind MADUELECTRO and F.J. INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Chaussée de Tirlemont 203
5030 Gembloux
Sentier du Chafor 4
5030 Gembloux
Active since 13 June 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.619.001
- VAT number
- BE 0433.619.001
- Registered office
- Chaussée de Tirlemont 203, 5030 Gembloux
- Names & denominations
- MADUELEC
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 3 March 1988
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Elektrische installatie
Algemene elektrotechnische installatiewerken
Vervaardiging van andere elektrische apparatuur
Vervaardiging van overige elektrische benodigdheden, n.e.g.