Financials
Financial year 2025
MADECORN from Alveringem, company number BE0476418765, closed financial year 2025 with a result of € 64,215 after tax. For that financial year MADECORN recorded a gross margin of € 183,349 and equity of € 290,801. Compared with financial year 2024, the result moved from € 68,320 to € 64,215. 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 August 31, 2026.
€ 290,801
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 64,215
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 135,638
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 53,000 paid out
83 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 32,230
▼ 2% 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.
€ 135,702
▼ 16% vs 2024
Of which on lease € 90,606.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,309
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,829
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 90,054 | € 113,131 | € 177,354 | € 183,349 | ▲ 3% |
| Profit after taxes | € 35,657 | € 36,965 | € 68,320 | € 64,215 | ▼ 6% |
| Equity | € 245,732 | € 281,867 | € 279,586 | € 290,801 | ▲ 4% |
| Total debts | € 66,622 | € 75,244 | € 140,180 | € 113,208 | ▼ 19% |
| Cash | € 101,374 | € 184,110 | € 117,387 | € 135,638 | ▲ 16% |
| Land & buildings | € 82,816 | € 77,617 | € 75,467 | € 81,669 | ▲ 8% |
| Retained profit | € 227,132 | € 263,267 | € 260,986 | € 272,201 | ▲ 4% |
| Dividend | € 14,300 | € 830 | € 70,600 | € 53,000 | ▼ 25% |
| Balance sheet total | € 383,473 | € 428,230 | € 490,886 | € 475,130 | ▼ 3% |
Key figures of MADECORN, 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 MADECORN?
What happened at MADECORN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 64,215 (▼ 6% vs 2024). filed late Source: NBB ↗
- Katrien Cornette became a director. NBB
- New establishment in Alveringem. KBO
- Jan Mahieu became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 35,657 profit in 2022 to € 64,215 profit in 2025.
Paid € 101,007 in corporate taxes since 2022.
Best year ever: 2024, with € 68,320 profit.
Paid out € 138,730 in dividends to the owners in total.
Management
Behind MADECORN are Katrien Cornette and Jan Mahieu.
Directors
According to the 2025 annual accounts
Katrien Cornette
Director
since 2012
Jan Mahieu
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Klarewal 29
8690 Alveringem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.418.765
- VAT number
- BE 0476.418.765
- Registered office
- Klarewal 29, 8690 Alveringem
- Names & denominations
- MADECORN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 2001
- Peppol
- Active · Active since 20 Jul 2026
- Activities · NACE
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