MADIVO is a logistics company in De Panne. Public Limited, started on 24 January 1994, 1 establishment.

What is the address of MADIVO?

The registered office of MADIVO is located at Zeelaan 114, 8660 De Panne.

Is MADIVO still active?

Yes. According to the CBE (31 October 2026) MADIVO is active, legal situation “Normale toestand”, started on 24 January 1994.

Is MADIVO registered on Peppol?

Yes, MADIVO is registered on the Peppol network with ID 0208:0451807390.

What is the enterprise number of MADIVO?

The enterprise number of MADIVO is BE0451807390.

When was MADIVO founded?

MADIVO was founded on 24 January 1994.

Who are the directors of MADIVO?

According to the 2025 annual accounts, the directors of MADIVO are: BEFICA BV.

Is MADIVO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 24 January 1994; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MADIVO make in 2025?

MADIVO posted a profit after taxes of € 166,115 in financial year 2025.

What is the revenue of MADIVO?

As a small company, MADIVO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 899,597.

How much does an employee at MADIVO earn?

The average wage cost per full-time employee at MADIVO was € 34,600 in 2025: staff costs of € 606,355 for 17.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MADIVO have?

According to the 2025 annual accounts, MADIVO has 17.5 full-time equivalents (FTE).

MADIVO (Public Limited) - De Panne - BE0451807390

Dossier MADIVO, printed on 31 October 2026 from databakkes.be/en/0451807390/madivo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MADIVO from De Panne, company number BE0451807390, closed financial year 2025 with a result of € 166,115 after tax. For that financial year MADIVO recorded a gross margin of € 899,597 and equity of € 255,356. Compared with financial year 2024, the result moved from € 204,667 to € 166,115. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 3, 2026.

What it is worth Growing

€ 255,356

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

Profit Healthy

€ 166,115

▼ 19% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 77,805

▲ 39% vs 2024

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

Where the profit goes Pays out

€ 165,000 paid out

99 % of the profit went to the shareholders, mostly to BEFICA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

17.5

▼ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 606,355

▲ 7% vs 2024

€ 34,600 per full-time equivalent. 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

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.

€ 132,852

▲ 266% vs 2024

€ 46,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 538,504

▼ 5% vs 2024

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

Taxes and wages

€ 133,723

▲ 15% 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
Gross margin	€ 659,652 Gross margin 2022: € 659,652 First fiscal year in the series	€ 604,392 Gross margin 2023: € 604,392 ▼ 8% vs 2022 (€ 659,652) Unfavourable step	€ 877,071 Gross margin 2024: € 877,071 ▲ 45% vs 2023 (€ 604,392) Favourable step	€ 899,597 Gross margin 2025: € 899,597 ▲ 3% vs 2024 (€ 877,071) Favourable step	▲ 3%
Profit after taxes	€ 119,065 Profit after taxes 2022: € 119,065 First fiscal year in the series	€ 117,825 Profit after taxes 2023: € 117,825 ▼ 1% vs 2022 (€ 119,065) Unfavourable step	€ 204,667 Profit after taxes 2024: € 204,667 ▲ 74% vs 2023 (€ 117,825) Favourable step	€ 166,115 Profit after taxes 2025: € 166,115 ▼ 19% vs 2024 (€ 204,667) Unfavourable step	▼ 19%
Equity	€ 356,749 Equity 2022: € 356,749 First fiscal year in the series	€ 249,574 Equity 2023: € 249,574 ▼ 30% vs 2022 (€ 356,749) Unfavourable step	€ 254,241 Equity 2024: € 254,241 ▲ 2% vs 2023 (€ 249,574) Favourable step	€ 255,356 Equity 2025: € 255,356 Unchanged (€ 254,241) Favourable step
Total debts	€ 907,722 Total debts 2022: € 907,722 First fiscal year in the series	€ 739,554 Total debts 2023: € 739,554 ▼ 19% vs 2022 (€ 907,722) Favourable step	€ 950,702 Total debts 2024: € 950,702 ▲ 29% vs 2023 (€ 739,554) Unfavourable step	€ 987,726 Total debts 2025: € 987,726 ▲ 4% vs 2024 (€ 950,702) Unfavourable step	▲ 4%
Cash	€ 105,915 Cash 2022: € 105,915 First fiscal year in the series	€ 68,283 Cash 2023: € 68,283 ▼ 36% vs 2022 (€ 105,915) Unfavourable step	€ 56,091 Cash 2024: € 56,091 ▼ 18% vs 2023 (€ 68,283) Unfavourable step	€ 77,805 Cash 2025: € 77,805 ▲ 39% vs 2024 (€ 56,091) Favourable step	▲ 39%
Land & buildings	€ 143,433 Land & buildings 2022: € 143,433 First fiscal year in the series	€ 138,029 Land & buildings 2023: € 138,029 ▼ 4% vs 2022 (€ 143,433) Unchanged	€ 132,625 Land & buildings 2024: € 132,625 ▼ 4% vs 2023 (€ 138,029) Unchanged	€ 127,221 Land & buildings 2025: € 127,221 ▼ 4% vs 2024 (€ 132,625) Unchanged	▼ 4%
Retained profit	€ 208,013 Retained profit 2022: € 208,013 First fiscal year in the series	€ 100,838 Retained profit 2023: € 100,838 ▼ 52% vs 2022 (€ 208,013) Unfavourable step	€ 105,505 Retained profit 2024: € 105,505 ▲ 5% vs 2023 (€ 100,838) Favourable step	€ 106,620 Retained profit 2025: € 106,620 ▲ 1% vs 2024 (€ 105,505) Favourable step	▲ 1%
Dividend	€ 325,000 Dividend 2022: € 325,000 First fiscal year in the series	€ 225,000 Dividend 2023: € 225,000 ▼ 31% vs 2022 (€ 325,000) Unchanged	€ 200,000 Dividend 2024: € 200,000 ▼ 11% vs 2023 (€ 225,000) Unchanged	€ 165,000 Dividend 2025: € 165,000 ▼ 17% vs 2024 (€ 200,000) Unchanged	▼ 17%
Bank debt	€ 63,374 Bank debt 2022: € 63,374 First fiscal year in the series	€ 49,082 Bank debt 2023: € 49,082 ▼ 23% vs 2022 (€ 63,374) Favourable step	€ 36,261 Bank debt 2024: € 36,261 ▼ 26% vs 2023 (€ 49,082) Favourable step	€ 132,852 Bank debt 2025: € 132,852 ▲ 266% vs 2024 (€ 36,261) Unfavourable step	▲ 266%
Balance sheet total	€ 1,264,472 Balance sheet total 2022: € 1,264,472 First fiscal year in the series	€ 989,128 Balance sheet total 2023: € 989,128 ▼ 22% vs 2022 (€ 1,264,472) Unchanged	€ 1,204,943 Balance sheet total 2024: € 1,204,943 ▲ 22% vs 2023 (€ 989,128) Unchanged	€ 1,243,082 Balance sheet total 2025: € 1,243,082 ▲ 3% vs 2024 (€ 1,204,943) Unchanged	▲ 3%
Employees (FTE)	12.4 Employees (FTE) 2022: 12.4 First fiscal year in the series	13.3 Employees (FTE) 2023: 13.3 ▲ 0.9 vs 2022 (12.4) Unchanged	18 Employees (FTE) 2024: 18 ▲ 4.7 vs 2023 (13.3) Unchanged	17.5 Employees (FTE) 2025: 17.5 ▼ 0.5 vs 2024 (18) Unchanged	▼ 0.5

Key figures of MADIVO, 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 June 2027.

What happened to MADIVO?

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

Apr 3, 2026 New annual accounts for financial year 2025: profit of € 166,115 (▼ 19% vs 2024). Source: NBB ↗
2018 BEFICA BV became a director. NBB
Feb 21, 1994 New establishment in De Panne. KBO
Jan 24, 1994 Start of the company according to the CBE. KBO

In short

From € 119,065 profit in 2022 to € 166,115 profit in 2025.

Paid € 145,285 in corporate taxes since 2022.

Best year ever: 2024, with € 204,667 profit.

On average € 51,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

BEFICA 100%

The stake of BEFICA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MADIVO

Behind MADIVO is BEFICA BV. The shares are held by BEFICA (100%).

Directors

According to the 2025 annual accounts

BEFICA BV

Director · represented by SALDEN DIETER

Also active at: DOPAL, LAUMAN, SALBO

since 2018

Shareholders

BEFICA

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Zeelaan 114

8660 De Panne

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Vereniging van Mede-eigenaars Residentie Aphrodite te De Panne, Zeelaan 114

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

Details

Company number

0451.807.390

VAT number

BE 0451.807.390

Registered office

Zeelaan 114, 8660 De Panne

Names & denominations

MADIVO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

24 January 1994

Peppol

Active · Active since 3 Mar 2026

Activities · NACE

Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

Overige niet-gespecialiseerde detailhandel

Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)

View on CBE Public ↗ Annual accounts (NBB) ↗

MADIVO

Financials

What happened to MADIVO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions