What is the address of MADOVA?

The registered office of MADOVA is located at Franz Merjaystraat 179, 1050 Elsene.

Is MADOVA still active?

Yes. According to the CBE (2 October 2026) MADOVA is active, legal situation “Normale toestand”, started on 12 March 2001.

Is MADOVA registered on Peppol?

Yes, MADOVA is registered on the Peppol network with ID 0208:0474288824.

What is the enterprise number of MADOVA?

The enterprise number of MADOVA is BE0474288824.

When was MADOVA founded?

MADOVA was founded on 12 March 2001.

Who are the directors of MADOVA?

According to the 2025 annual accounts, the directors of MADOVA are: Daphné Iris DELBEKE.

Is MADOVA a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 March 2001; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MADOVA make in 2025?

MADOVA posted a profit after taxes of € 194 in financial year 2025.

What is the revenue of MADOVA?

As a small company, MADOVA is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 18,434.

MADOVA (Public Limited) - Elsene - BE0474288824

Dossier MADOVA, printed on 2 October 2026 from databakkes.be/en/0474288824/madova. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MADOVA from Elsene, company number BE0474288824, closed financial year 2025 with a result of € 194 after tax. For that financial year MADOVA recorded a gross margin of € 18,434 and equity of € 7,408. Compared with financial year 2024, the result moved from € 1,785 to € 194. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.

What it is worth Growing

€ 7,408

▲ 3% vs 2024

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

Profit Healthy

€ 194

▼ 89% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 703

▼ 82% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -92,592.

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.

€ 8,707

▼ 30% vs 2024

€ 3,050 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1,155

▼ 45% vs 2024

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

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 16,626 Gross margin 2022: € 16,626 First fiscal year in the series	€ 14,383 Gross margin 2023: € 14,383 ▼ 13% vs 2022 (€ 16,626) Unfavourable step	€ 20,450 Gross margin 2024: € 20,450 ▲ 42% vs 2023 (€ 14,383) Favourable step	€ 18,434 Gross margin 2025: € 18,434 ▼ 10% vs 2024 (€ 20,450) Unfavourable step	▼ 10%
Profit after taxes	€ -834 Profit after taxes 2022: € -834 First fiscal year in the series	€ -4,051 Profit after taxes 2023: € -4,051 ▼ € 3,217 vs 2022 (€ -834) Unfavourable step	€ 1,785 Profit after taxes 2024: € 1,785 ▲ € 5,836 vs 2023 (€ -4,051) Favourable step	€ 194 Profit after taxes 2025: € 194 ▼ 89% vs 2024 (€ 1,785) Unfavourable step	▼ 89%
Equity	€ 159,480 Equity 2022: € 159,480 First fiscal year in the series	€ 5,429 Equity 2023: € 5,429 ▼ 97% vs 2022 (€ 159,480) Unfavourable step	€ 7,214 Equity 2024: € 7,214 ▲ 33% vs 2023 (€ 5,429) Favourable step	€ 7,408 Equity 2025: € 7,408 ▲ 3% vs 2024 (€ 7,214) Favourable step	▲ 3%
Total debts	€ 28,553 Total debts 2022: € 28,553 First fiscal year in the series	€ 168,406 Total debts 2023: € 168,406 ▲ € 139,853 vs 2022 (€ 28,553) Unfavourable step	€ 152,734 Total debts 2024: € 152,734 ▼ 9% vs 2023 (€ 168,406) Favourable step	€ 140,377 Total debts 2025: € 140,377 ▼ 8% vs 2024 (€ 152,734) Favourable step	▼ 8%
Cash	€ 5,439 Cash 2022: € 5,439 First fiscal year in the series	€ 3,559 Cash 2023: € 3,559 ▼ 35% vs 2022 (€ 5,439) Unfavourable step	€ 3,867 Cash 2024: € 3,867 ▲ 9% vs 2023 (€ 3,559) Favourable step	€ 703 Cash 2025: € 703 ▼ 82% vs 2024 (€ 3,867) Unfavourable step	▼ 82%
Land & buildings	€ 139,867 Land & buildings 2022: € 139,867 First fiscal year in the series	€ 129,856 Land & buildings 2023: € 129,856 ▼ 7% vs 2022 (€ 139,867) Unchanged	€ 119,846 Land & buildings 2024: € 119,846 ▼ 8% vs 2023 (€ 129,856) Unchanged	€ 109,836 Land & buildings 2025: € 109,836 ▼ 8% vs 2024 (€ 119,846) Unchanged	▼ 8%
Retained profit	€ -90,520 Retained profit 2022: € -90,520 First fiscal year in the series	€ -94,571 Retained profit 2023: € -94,571 ▼ € 4,051 vs 2022 (€ -90,520) Unfavourable step	€ -92,786 Retained profit 2024: € -92,786 ▲ € 1,785 vs 2023 (€ -94,571) Favourable step	€ -92,592 Retained profit 2025: € -92,592 Unchanged (€ -92,786) Favourable step
Bank debt	€ 19,443 Bank debt 2022: € 19,443 First fiscal year in the series	€ 15,937 Bank debt 2023: € 15,937 ▼ 18% vs 2022 (€ 19,443) Favourable step	€ 12,378 Bank debt 2024: € 12,378 ▼ 22% vs 2023 (€ 15,937) Favourable step	€ 8,707 Bank debt 2025: € 8,707 ▼ 30% vs 2024 (€ 12,378) Favourable step	▼ 30%
Balance sheet total	€ 188,033 Balance sheet total 2022: € 188,033 First fiscal year in the series	€ 173,836 Balance sheet total 2023: € 173,836 ▼ 8% vs 2022 (€ 188,033) Unchanged	€ 159,948 Balance sheet total 2024: € 159,948 ▼ 8% vs 2023 (€ 173,836) Unchanged	€ 147,785 Balance sheet total 2025: € 147,785 ▼ 8% vs 2024 (€ 159,948) Unchanged	▼ 8%

Key figures of MADOVA, 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 MADOVA?

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

2029 Daphné Iris DELBEKE stepped down as director. NBB
Jun 18, 2026 New annual accounts for financial year 2025: profit of € 194 (▼ 89% vs 2024). Source: NBB ↗
2023 Daphné Iris DELBEKE became a director. NBB
Mar 12, 2001 Start of the company according to the CBE. KBO

In short

From € 834 loss in 2022 to € 194 profit in 2025.

Best year ever: 2024, with € 1,785 profit.

Original PDFs at the National Bank ↗

A new publication or filing at MADOVA? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2025 annual accounts

Daphné Iris DELBEKE

Administrator-manager

since 2023 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Franz Merjaystraat 179

1050 Elsene

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 →

MAGIC MONKEY

€ 43,368 gross margin · 2025

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

Details

Company number: 0474.288.824
VAT number: BE 0474.288.824
Registered office: Franz Merjaystraat 179, 1050 Elsene
Names & denominations: MADOVA
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 12 March 2001
Peppol: Active · Active since 21 Nov 2025

View on CBE Public ↗ Annual accounts (NBB) ↗

MADOVA