Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MADINA from Wellen, company number BE0476811814, closed financial year 2025 with a result of € 55,327 after tax. For that financial year MADINA recorded a gross margin of € 124,147 and equity of € 175,813. Compared with financial year 2024, the result moved from € 54,550 to € 55,327. Profitable, and profit is growing. 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 July 30, 2026.
€ 175,813
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 55,327
▲ 1% vs 2024
Profit after tax over the fiscal year.
€ 46,373
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 38,000 paid out
69 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 22,328
▲ 21% 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.
€ 9,637
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 162,272
▼ 14% vs 2024
€ 22,625 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 11,136
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,763
▲ 21% 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 | € 100,191 | € 112,905 | € 110,470 | € 124,147 | ▲ 12% |
| Profit after taxes | € 60,862 | € 56,317 | € 54,550 | € 55,327 | ▲ 1% |
| Equity | € 124,620 | € 135,936 | € 158,486 | € 175,813 | ▲ 11% |
| Total debts | € 127,128 | € 255,587 | € 262,280 | € 225,948 | ▼ 14% |
| Cash | € 18,695 | € 36,582 | € 41,574 | € 46,373 | ▲ 12% |
| Land & buildings | € 129,536 | € 260,487 | € 251,102 | € 241,716 | ▼ 4% |
| Retained profit | € 106,020 | € 117,336 | € 139,886 | € 157,213 | ▲ 12% |
| Dividend | € 45,000 | € 45,000 | € 32,000 | € 38,000 | ▲ 19% |
| Bank debt | € 65,053 | € 194,913 | € 187,682 | € 162,272 | ▼ 14% |
| Balance sheet total | € 251,747 | € 391,523 | € 420,766 | € 401,761 | ▼ 5% |
Key figures of MADINA, 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 MADINA?
What happened at MADINA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 55,327 (▲ 1% vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 60,862 profit in 2022 to € 55,327 profit in 2025.
Paid € 25,510 in corporate taxes since 2022.
Best year ever: 2022, with € 60,862 profit.
Paid out € 160,000 in dividends to the owners in total.
Management
Behind MADINA is Alpha Diallo.
Directors
According to the 2025 annual accounts
Alpha Diallo
Director
Establishments
Establishment units
Physical locations of this company
Stokstraat 9
3830 Wellen
de Merodelei 131
2300 Turnhout
Active since 10 April 2002
Frans Massystraat 15
3500 Hasselt
Active since 1 September 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.811.814
- VAT number
- BE 0476.811.814
- Registered office
- Stokstraat 9, 3830 Wellen
- Names & denominations
- MADINA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2002
- Peppol
- Active · Active since 23 Jan 2026
- Activities · NACE
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