Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
MADEVOENIJ from Etterbeek, company number BE0446396968, closed financial year 2024 with a result of € -18,999 after tax. For that financial year MADEVOENIJ recorded a gross margin of € 38,354 and equity of € 284,522. Compared with financial year 2023, the result moved from € -23,964 to € -18,999. The company made a loss. The buffer shrank hard: equity is 62 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 26, 2025.
€ 284,522
▼ 62% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,999
▲ 21 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2,577
▼ 74% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 154,322.
Debts at end 2024
€ 264,860
▼ 9% vs 2023
€ 30,418 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 803
▼ 94% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 22,650
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -15,505 | € 7,632 | € 28,065 | € 38,354 | ▲ 37% |
| Profit after taxes | € -88,459 | € -76,877 | € -23,964 | € -18,999 | ▲ € 4,965 |
| Equity | € 857,363 | € 780,485 | € 756,521 | € 284,522 | ▼ 62% |
| Total debts | € 519,565 | € 505,449 | € 503,781 | € 346,289 | ▼ 31% |
| Cash | € 98,465 | € 15,156 | € 9,737 | € 2,577 | ▼ 74% |
| Land & buildings | € 81,608 | € 81,608 | € 81,608 | € 81,608 | |
| Retained profit | € 733,363 | € 656,485 | € 632,521 | € 154,322 | ▼ 76% |
| Dividend | € 0 | € 0 | € 0 | € 453,000 | |
| Bank debt | € 348,393 | € 319,507 | € 291,578 | € 264,860 | ▼ 9% |
| Balance sheet total | € 1,376,928 | € 1,285,934 | € 1,260,302 | € 630,810 | ▼ 50% |
Key figures of MADEVOENIJ, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MADEVOENIJ?
What happened at MADEVOENIJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 18,999. filed late Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,459 loss in 2021 to € 18,999 loss in 2024.
Paid € 15,646 in corporate taxes since 2021.
Paid out € 453,000 in dividends to the owners in total.
A new publication or filing at MADEVOENIJ? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MADEVOENIJ are Philip ADRIAENS and Helena DEBEUKELAER.
Directors
According to the 2024 annual accounts
Philip ADRIAENS
Director
Helena DEBEUKELAER
Director
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 93
1040 Etterbeek
Legerlaan 82
1040 Etterbeek
Active since 27 February 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.396.968
- VAT number
- BE 0446.396.968
- Registered office
- Tervurenlaan 93, 1040 Etterbeek
- Names & denominations
- MADEVOENIJ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1992
- Peppol
- Not registered