Financials
Financial year 2025
MADICO from Erpe-Mere, company number BE0442958517, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year MADICO recorded a gross margin of € 2.4 million and equity of € 7.6 million. Compared with financial year 2024, the result moved from € 213,872 to € 1.6 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 7.6 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▲ € 1.4 million vs 2024
Profit after tax over the fiscal year.
€ 30,119
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.6 million.
People and assets in 2025
€ 21,688
▲ 1% 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
€ 18,258
▼ 73% vs 2024
Loans from banks and other lenders, long and short.
€ 24,668
▼ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,713
▲ € 31,028 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 609,175 | € 2,138,697 | € 354,738 | € 2,436,878 | ▲ € 2.1 million |
| Profit after taxes | € 87,820 | € 1,349,144 | € 213,872 | € 1,575,031 | ▲ € 1.4 million |
| Equity | € 4,480,851 | € 5,829,994 | € 6,043,866 | € 7,618,897 | ▲ 26% |
| Total debts | € 725,990 | € 163,447 | € 120,712 | € 86,556 | ▼ 28% |
| Cash | € 733,247 | € 36,992 | € 141,256 | € 30,119 | ▼ 79% |
| Land & buildings | € 2,868,726 | € 3,065,800 | € 3,765,621 | € 2,854,532 | ▼ 24% |
| Retained profit | € 3,439,538 | € 4,788,682 | € 5,002,553 | € 6,577,584 | ▲ 31% |
| Bank debt | € 673,132 | € 121,006 | € 67,870 | € 18,258 | ▼ 73% |
| Balance sheet total | € 5,301,166 | € 6,492,003 | € 6,650,076 | € 8,177,026 | ▲ 23% |
Key figures of MADICO, 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 MADICO?
What happened at MADICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.6 million (▲ € 1.4 million vs 2024). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 87,820 profit in 2022 to € 1.6 million profit in 2025.
Paid € 888,705 in corporate taxes since 2022.
Best year ever: 2025, with € 1.6 million profit.
Management
Behind MADICO are Ikcon BV and Cathoule BV.
Directors
According to the 2025 annual accounts
Director · represented by Jan Vyverman
Director · represented by Patricia Vyverman
Establishments
Establishment units
Physical locations of this company
Honegemstraat 133
9420 Erpe-Mere
Fritz De Wolfkaai 8 box 51
9300 Aalst
Active since 29 May 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.958.517
- VAT number
- BE 0442.958.517
- Registered office
- Honegemstraat 133, 9420 Erpe-Mere
- Names & denominations
- MADICO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 1991
- Peppol
- Active · Active since 20 Feb 2025
- Activities · NACE
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