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.
€ 255,356
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 166,115
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 77,805
▲ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 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
17.5
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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
€ 132,852
▲ 266% vs 2024
€ 46,000 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 538,504
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,723
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 659,652 | € 604,392 | € 877,071 | € 899,597 | ▲ 3% |
| Profit after taxes | € 119,065 | € 117,825 | € 204,667 | € 166,115 | ▼ 19% |
| Equity | € 356,749 | € 249,574 | € 254,241 | € 255,356 | |
| Total debts | € 907,722 | € 739,554 | € 950,702 | € 987,726 | ▲ 4% |
| Cash | € 105,915 | € 68,283 | € 56,091 | € 77,805 | ▲ 39% |
| Land & buildings | € 143,433 | € 138,029 | € 132,625 | € 127,221 | ▼ 4% |
| Retained profit | € 208,013 | € 100,838 | € 105,505 | € 106,620 | ▲ 1% |
| Dividend | € 325,000 | € 225,000 | € 200,000 | € 165,000 | ▼ 17% |
| Bank debt | € 63,374 | € 49,082 | € 36,261 | € 132,852 | ▲ 266% |
| Balance sheet total | € 1,264,472 | € 989,128 | € 1,204,943 | € 1,243,082 | ▲ 3% |
| Employees (FTE) | 12.4 | 13.3 | 18 | 17.5 | ▼ 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:
- New annual accounts for financial year 2025: profit of € 166,115 (▼ 19% vs 2024). Source: NBB ↗
- BEFICA BV became a director. NBB
- New establishment in De Panne. KBO
- 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.
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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
The stake of BEFICA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MADIVOBehind MADIVO is BEFICA BV. The shares are held by BEFICA (100%).
Establishments
Establishment units
Physical locations of this company
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 →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)