Active · per the CBE, 30 October 2026

MAD - DAM

BE0479793771

Rechtspersoon Private limited company 1 establishment

MAD - DAM is registered with the CBE as active in: Groothandel in kleding, kledingtoebehoren en bontartikelen. Private Limited, started on 18 March 2003, 1 establishment.

Atomiumsquare 1 box 156, 1020 Brussel

Behind the company: Philippe Desmecht.

Active for

23 year, 7 months

Warning lights

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

  • Shrinking team NBB

    FTE fell two years in a row, from 1.1 to 0.5.

  • Busy address KBO

    57 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

MAD - DAM from Brussel, company number BE0479793771, closed financial year 2025 with a result of € 5,396 after tax. For that financial year MAD - DAM recorded a gross margin of € 55,219 and equity of € 76,097. Compared with financial year 2024, the result moved from € -32,998 to € 5,396. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.

What it is worth Healthy

€ 76,097

▼ 37% vs 2024

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

Profit Growing

€ 5,396

▲ still € 32,998 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 79,707

▼ 14% vs 2024

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

Where the profit goes Pays out

€ 50,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 11,956

▼ 77% 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.

Vehicles and equipment

€ 1,483

▼ 31% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go

€ 113,207

▲ 6% vs 2024

€ 51,877 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 40,970

▲ 47% vs 2024

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

Taxes and wages

€ 8,337

▼ 61% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 153,039 € 109,616 € 74,882 € 55,219 ▼ 26%
Profit after taxes € 9,174 € -27,562 € -32,998 € 5,396 ▲ € 38,394
Equity € 231,261 € 153,699 € 120,700 € 76,097 ▼ 37%
Total debts € 272,325 € 240,739 € 181,942 € 200,238 ▲ 10%
Cash € 160,119 € 53,167 € 92,549 € 79,707 ▼ 14%
Land & buildings € 191,060 € 169,993 € 131,524 € 113,056 ▼ 14%
Retained profit € 212,661 € 135,099 € 102,100 € 57,497 ▼ 44%
Dividend € 93,701 € 50,000 € 0 € 50,000
Bank debt € 217,859 € 167,509 € 106,343 € 113,207 ▲ 6%
Balance sheet total € 516,086 € 394,437 € 302,643 € 276,334 ▼ 9%
Employees (FTE) 1.2 1.1 1 0.5 ▼ 0.5

Key figures of MAD - DAM, 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 MAD - DAM?

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

  • New annual accounts for financial year 2025: profit of € 5,396. filed late Source: NBB ↗
  • New establishment in Brussel. KBO
  • Start of the company according to the CBE. KBO

In short

From € 9,174 profit in 2022 to € 5,396 profit in 2025.

Paid € 7,763 in corporate taxes since 2022.

Best year ever: 2022, with € 9,174 profit.

On average € 74,900 of value added per employee in 2024.

Management

Philippe Desmecht
MAD - DAM

Behind MAD - DAM is Philippe Desmecht.

Directors

According to the 2025 annual accounts

Philippe Desmecht

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Atomiumsquare 1 box 156

1020 Brussel

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

Details

Company number
0479.793.771
VAT number
BE 0479.793.771
Registered office
Atomiumsquare 1 bus 156, 1020 Brussel
Names & denominations
MAD - DAM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
18 March 2003
Peppol
Active · Active since 15 Jul 2025
Activities · NACE

Groothandel in kleding, kledingtoebehoren en bontartikelen

Groothandel in kleding, met uitzondering van werk- en onderkleding

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

Handelsbemiddeling in textiel, kleding, schoeisel en artikelen van leer

Frequently asked questions

What does MAD - DAM do?
MAD - DAM is registered with the CBE as active in: Groothandel in kleding, kledingtoebehoren en bontartikelen. Private Limited, started on 18 March 2003, 1 establishment.
What is the address of MAD - DAM?
The registered office of MAD - DAM is located at Atomiumsquare 1 box 156, 1020 Brussel.
Is MAD - DAM still active?
Yes. According to the CBE (30 October 2026) MAD - DAM is active, legal situation “Normale toestand”, started on 18 March 2003.
Is MAD - DAM registered on Peppol?
Yes, MAD - DAM is registered on the Peppol network with ID 0208:0479793771.
What is the enterprise number of MAD - DAM?
The enterprise number of MAD - DAM is BE0479793771.
When was MAD - DAM founded?
MAD - DAM was founded on 18 March 2003.