Financials
Financial year 2025
Madco from Nieuwerkerken (Limb.), company number BE0458058744, closed financial year 2025 with a result of € 10,526 after tax. For that financial year Madco recorded a gross margin of € 72,249 and equity of € 35,761. Compared with financial year 2024, the result moved from € 18,965 to € 10,526. The company is profitable. 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 May 26, 2026.
€ 35,761
▲ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,526
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 44,607
▲ 26% 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 € 17,169.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 46,383
▲ 5% 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.
€ 2,157
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,272
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,006
▼ 26% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,180 | € 52,337 | € 78,127 | € 72,249 | ▼ 8% |
| Profit after taxes | € -15,195 | € -2,552 | € 18,965 | € 10,526 | ▼ 44% |
| Equity | € 8,822 | € 6,270 | € 25,235 | € 35,761 | ▲ 42% |
| Total debts | € 24,021 | € 31,118 | € 24,010 | € 21,362 | ▼ 11% |
| Cash | € 21,545 | € 22,525 | € 35,405 | € 44,607 | ▲ 26% |
| Land & buildings | € 75 | € 1,610 | € 1,444 | € 1,279 | ▼ 11% |
| Retained profit | € -9,770 | € -12,322 | € 6,643 | € 17,169 | ▲ 158% |
| Balance sheet total | € 32,844 | € 37,387 | € 49,245 | € 57,123 | ▲ 16% |
Key figures of Madco, 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 Madco?
What happened at Madco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 10,526 (▼ 44% vs 2024). Source: NBB ↗
- New establishment in Nieuwerkerken (Limb.). KBO
- Start of the company according to the CBE. KBO
In short
From € 15,195 loss in 2022 to € 10,526 profit in 2025.
Paid € 29,945 in corporate taxes since 2022.
Best year ever: 2024, with € 18,965 profit.
Management
Behind Madco is Johannes Nulens.
Directors
According to the 2025 annual accounts
Johannes Nulens
Director
Establishments
Establishment units
Physical locations of this company
Weyerstraat 315
3850 Nieuwerkerken (Limb.)
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.058.744
- VAT number
- BE 0458.058.744
- Registered office
- Weyerstraat 315, 3850 Nieuwerkerken (Limb.)
- Names & denominations
- Madco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1996
- Peppol
- Active · Active since 4 Sept 2025
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