What does MADDELIN do?

MADDELIN is a shop in Torhout. Public Limited, started on 29 December 1988, 1 establishment.

What is the address of MADDELIN?

The registered office of MADDELIN is located at Rijksweg 62, 8820 Torhout.

Is MADDELIN still active?

Yes. According to the CBE (30 October 2026) MADDELIN is active, legal situation “Normale toestand”, started on 29 December 1988.

Is MADDELIN registered on Peppol?

Yes, MADDELIN is registered on the Peppol network with ID 0208:0436294221.

What is the enterprise number of MADDELIN?

The enterprise number of MADDELIN is BE0436294221.

When was MADDELIN founded?

MADDELIN was founded on 29 December 1988.

Who are the directors of MADDELIN?

According to the 2025 annual accounts, the directors of MADDELIN are: STEPHANIE MADDELIN, WERNER MADDELIN, DINA DE VRIESE.

Is MADDELIN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 December 1988; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MADDELIN make in 2025?

MADDELIN recorded a loss after taxes of € 83,230 in financial year 2025.

What is the revenue of MADDELIN?

As a small company, MADDELIN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 78,959.

Does MADDELIN have a website?

Yes, MADDELIN has a website at maddelin.be.

MADDELIN (Public Limited) - Torhout - BE0436294221

Dossier MADDELIN, printed on 30 October 2026 from databakkes.be/en/0436294221/maddelin. 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.

Negative equity NBB

More debt than assets in 1 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MADDELIN from Torhout, company number BE0436294221, closed financial year 2025 with a result of € -83,230 after tax. For that financial year MADDELIN recorded a gross margin of € 78,959 and equity of € -40,703. Compared with financial year 2024, the result moved from € -72,665 to € -83,230. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.

What it is worth Caution

€ -40,703

▼ € 83,230 vs 2024

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

Loss Caution

€ -83,230

▼ 15 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,125

▲ 267% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -252,703.

People and assets in 2025

Wage cost

€ 69,914

▼ 7% 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.

Vehicles and equipment

€ 180,879

▼ 12% vs 2024

Of which on lease € 111,463.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 338,956

▼ 6% vs 2024

€ 25,667 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 81,334

▼ 6% vs 2024

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

Taxes and wages

€ 35,935

▲ 5% 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
Revenue	€ 1,100,792 Revenue 2022: € 1,100,792 First fiscal year in the series	-	-	-
Gross margin	€ 135,825 Gross margin 2022: € 135,825 First fiscal year in the series	€ 134,095 Gross margin 2023: € 134,095 ▼ 1% vs 2022 (€ 135,825) Unfavourable step	€ 151,044 Gross margin 2024: € 151,044 ▲ 13% vs 2023 (€ 134,095) Favourable step	€ 78,959 Gross margin 2025: € 78,959 ▼ 48% vs 2024 (€ 151,044) Unfavourable step	▼ 48%
Profit after taxes	€ -21,241 Profit after taxes 2022: € -21,241 First fiscal year in the series	€ -10,144 Profit after taxes 2023: € -10,144 ▲ € 11,097 vs 2022 (€ -21,241) Favourable step	€ -72,665 Profit after taxes 2024: € -72,665 ▼ € 62,522 vs 2023 (€ -10,144) Unfavourable step	€ -83,230 Profit after taxes 2025: € -83,230 ▼ € 10,565 vs 2024 (€ -72,665) Unfavourable step	▼ € 10,565
Equity	€ 125,335 Equity 2022: € 125,335 First fiscal year in the series	€ 115,192 Equity 2023: € 115,192 ▼ 8% vs 2022 (€ 125,335) Unfavourable step	€ 42,527 Equity 2024: € 42,527 ▼ 63% vs 2023 (€ 115,192) Unfavourable step	€ -40,703 Equity 2025: € -40,703 ▼ € 83,230 vs 2024 (€ 42,527) Unfavourable step	▼ € 83,230
Total debts	€ 1,063,021 Total debts 2022: € 1,063,021 First fiscal year in the series	€ 1,077,431 Total debts 2023: € 1,077,431 ▲ 1% vs 2022 (€ 1,063,021) Unfavourable step	€ 1,345,212 Total debts 2024: € 1,345,212 ▲ 25% vs 2023 (€ 1,077,431) Unfavourable step	€ 1,268,206 Total debts 2025: € 1,268,206 ▼ 6% vs 2024 (€ 1,345,212) Favourable step	▼ 6%
Cash	€ 5,252 Cash 2022: € 5,252 First fiscal year in the series	€ 1,133 Cash 2023: € 1,133 ▼ 78% vs 2022 (€ 5,252) Unfavourable step	€ 3,576 Cash 2024: € 3,576 ▲ 216% vs 2023 (€ 1,133) Favourable step	€ 13,125 Cash 2025: € 13,125 ▲ 267% vs 2024 (€ 3,576) Favourable step	▲ 267%
Land & buildings	€ 15,326 Land & buildings 2022: € 15,326 First fiscal year in the series	€ 4,485 Land & buildings 2023: € 4,485 ▼ 71% vs 2022 (€ 15,326) Unchanged	€ 4,485 Land & buildings 2024: € 4,485 Unchanged (€ 4,485) Unchanged	€ 4,485 Land & buildings 2025: € 4,485 Unchanged (€ 4,485) Unchanged
Retained profit	€ -86,665 Retained profit 2022: € -86,665 First fiscal year in the series	€ -96,808 Retained profit 2023: € -96,808 ▼ € 10,144 vs 2022 (€ -86,665) Unfavourable step	€ -169,473 Retained profit 2024: € -169,473 ▼ € 72,665 vs 2023 (€ -96,808) Unfavourable step	€ -252,703 Retained profit 2025: € -252,703 ▼ € 83,230 vs 2024 (€ -169,473) Unfavourable step	▼ € 83,230
Bank debt	€ 250,000 Bank debt 2022: € 250,000 First fiscal year in the series	€ 250,000 Bank debt 2023: € 250,000 Unchanged (€ 250,000) Unchanged	€ 361,680 Bank debt 2024: € 361,680 ▲ 45% vs 2023 (€ 250,000) Unfavourable step	€ 338,956 Bank debt 2025: € 338,956 ▼ 6% vs 2024 (€ 361,680) Favourable step	▼ 6%
Balance sheet total	€ 1,188,356 Balance sheet total 2022: € 1,188,356 First fiscal year in the series	€ 1,192,623 Balance sheet total 2023: € 1,192,623 Unchanged (€ 1,188,356) Unchanged	€ 1,387,739 Balance sheet total 2024: € 1,387,739 ▲ 16% vs 2023 (€ 1,192,623) Unchanged	€ 1,227,503 Balance sheet total 2025: € 1,227,503 ▼ 12% vs 2024 (€ 1,387,739) Unchanged	▼ 12%

Key figures of MADDELIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MADDELIN?

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

2027 STEPHANIE MADDELIN stepped down as director. NBB
2027 WERNER MADDELIN stepped down as director. NBB
2027 DINA DE VRIESE stepped down as director. NBB
Jan 30, 2026 New annual accounts for financial year 2025: loss of € 83,230. Source: NBB ↗
2021 STEPHANIE MADDELIN became a director. NBB
2021 WERNER MADDELIN became a director. NBB
2021 DINA DE VRIESE became a director. NBB
May 2, 2013 New establishment in Torhout. KBO

In short

From € 21,241 loss in 2022 to € 83,230 loss in 2025.

Paid € 869 in corporate taxes since 2022.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

STEPHANIE MADDELIN

Managing director

since 2021 · until 2027

WERNER MADDELIN

Director

since 2021 · until 2027

DINA DE VRIESE

Director

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Rijksweg 62

8820 Torhout

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

Website

HTTPS maddelin.be

Canonical: https://www.maddelin.be/

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Email provider

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Hosting

CLOUDFLARENET - Cloudflare, Inc., US

Website info

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Languages EN, FR, NL

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Security

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Details

Company number

0436.294.221

VAT number

BE 0436.294.221

Registered office

Rijksweg 62, 8820 Torhout

Names & denominations

MADDELIN

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

29 December 1988

Peppol

Active · Active since 28 Aug 2023

Contact

maddelin.be

Activities · NACE

Detailhandel in overige sportartikelen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van auto's

Detailhandel in sport- en kampeerartikelen in gespecialiseerde winkels

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in schoeisel

Groothandel in kleding, met uitzondering van werk- en onderkleding

Detailhandel in motorbrandstoffen

View on CBE Public ↗ Annual accounts (NBB) ↗

MADDELIN

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Financials

What happened to MADDELIN?

Management

Directors

Establishments

Establishment units

Website

Technologies

Certifications & Partners

Hosting & Email

Website info

Features

Security

Details

Frequently asked questions