MADS is an events organiser in Elsene. Private Limited, started on 29 April 2013, 1 establishment.

What is the address of MADS?

The registered office of MADS is located at Paul Spaakstraat 2, 1050 Elsene.

Is MADS still active?

Yes. According to the CBE (31 October 2026) MADS is active, legal situation “Normale toestand”, started on 29 April 2013.

Is MADS registered on Peppol?

Yes, MADS is registered on the Peppol network with ID 0208:0533764175.

What is the enterprise number of MADS?

The enterprise number of MADS is BE0533764175.

When was MADS founded?

MADS was founded on 29 April 2013.

Who are the directors of MADS?

According to the 2025 annual accounts, the directors of MADS are: UP COMMUNICATION SRL, Cédric Allard.

Is MADS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 April 2013; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MADS make in 2025?

MADS recorded a loss after taxes of € 10,192 in financial year 2025.

What is the revenue of MADS?

As a small company, MADS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 146,755.

How much does an employee at MADS earn?

The average wage cost per full-time employee at MADS was € 50,900 in 2025: staff costs of € 132,412 for 2.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MADS have?

According to the 2025 annual accounts, MADS has 2.6 full-time equivalents (FTE).

MADS (Private Limited) - Elsene - BE0533764175

Dossier MADS, printed on 31 October 2026 from databakkes.be/en/0533764175/mads. 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.

Two loss years in a row NBB

Negative result in 2024 and 2025.

Financials

Financial year 2025

MADS from Elsene, company number BE0533764175, closed financial year 2025 with a result of € -10,192 after tax. For that financial year MADS recorded a gross margin of € 146,755 and equity of € 201,746. Compared with financial year 2024, the result moved from € -6,045 to € -10,192. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.

What it is worth Healthy

€ 201,746

▼ 5% vs 2024

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

Loss Caution

€ -10,192

▼ 69 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 10,825

▲ € 8,467 vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 179,746.

People and assets in 2025

Full-time equivalents

2.6

▲ 0.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 132,412

▲ 59% vs 2024

€ 50,900 per full-time equivalent. 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

€ 15,522

▼ 23% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 107 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.

€ 548,556

▲ 2% vs 2024

€ 5,144 is repaid this year. At this pace the long-term loan is gone in ≈ 107 years.

Owed to suppliers

€ 87,732

▼ 51% vs 2024

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

Taxes and wages

€ 33,424

▲ 280% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 108,291 Gross margin 2022: € 108,291 First fiscal year in the series	€ 123,484 Gross margin 2023: € 123,484 ▲ 14% vs 2022 (€ 108,291) Favourable step	€ 98,571 Gross margin 2024: € 98,571 ▼ 20% vs 2023 (€ 123,484) Unfavourable step	€ 146,755 Gross margin 2025: € 146,755 ▲ 49% vs 2024 (€ 98,571) Favourable step	▲ 49%
Profit after taxes	€ 2,435 Profit after taxes 2022: € 2,435 First fiscal year in the series	€ 4,920 Profit after taxes 2023: € 4,920 ▲ 102% vs 2022 (€ 2,435) Favourable step	€ -6,045 Profit after taxes 2024: € -6,045 ▼ € 10,965 vs 2023 (€ 4,920) Unfavourable step	€ -10,192 Profit after taxes 2025: € -10,192 ▼ € 4,147 vs 2024 (€ -6,045) Unfavourable step	▼ € 4,147
Equity	€ 213,063 Equity 2022: € 213,063 First fiscal year in the series	€ 217,983 Equity 2023: € 217,983 ▲ 2% vs 2022 (€ 213,063) Favourable step	€ 211,938 Equity 2024: € 211,938 ▼ 3% vs 2023 (€ 217,983) Unfavourable step	€ 201,746 Equity 2025: € 201,746 ▼ 5% vs 2024 (€ 211,938) Unfavourable step	▼ 5%
Total debts	€ 743,633 Total debts 2022: € 743,633 First fiscal year in the series	€ 795,470 Total debts 2023: € 795,470 ▲ 7% vs 2022 (€ 743,633) Unfavourable step	€ 733,049 Total debts 2024: € 733,049 ▼ 8% vs 2023 (€ 795,470) Favourable step	€ 676,141 Total debts 2025: € 676,141 ▼ 8% vs 2024 (€ 733,049) Favourable step	▼ 8%
Cash	€ 1,257 Cash 2022: € 1,257 First fiscal year in the series	€ 4,877 Cash 2023: € 4,877 ▲ 288% vs 2022 (€ 1,257) Favourable step	€ 2,358 Cash 2024: € 2,358 ▼ 52% vs 2023 (€ 4,877) Unfavourable step	€ 10,825 Cash 2025: € 10,825 ▲ € 8,467 vs 2024 (€ 2,358) Favourable step	▲ € 8,467
Retained profit	€ 193,063 Retained profit 2022: € 193,063 First fiscal year in the series	€ 197,983 Retained profit 2023: € 197,983 ▲ 3% vs 2022 (€ 193,063) Favourable step	€ 191,938 Retained profit 2024: € 191,938 ▼ 3% vs 2023 (€ 197,983) Unfavourable step	€ 179,746 Retained profit 2025: € 179,746 ▼ 6% vs 2024 (€ 191,938) Unfavourable step	▼ 6%
Bank debt	€ 550,000 Bank debt 2022: € 550,000 First fiscal year in the series	€ 574,819 Bank debt 2023: € 574,819 ▲ 5% vs 2022 (€ 550,000) Unfavourable step	€ 540,087 Bank debt 2024: € 540,087 ▼ 6% vs 2023 (€ 574,819) Favourable step	€ 548,556 Bank debt 2025: € 548,556 ▲ 2% vs 2024 (€ 540,087) Unfavourable step	▲ 2%
Balance sheet total	€ 956,696 Balance sheet total 2022: € 956,696 First fiscal year in the series	€ 1,013,454 Balance sheet total 2023: € 1,013,454 ▲ 6% vs 2022 (€ 956,696) Unchanged	€ 944,987 Balance sheet total 2024: € 944,987 ▼ 7% vs 2023 (€ 1,013,454) Unchanged	€ 877,888 Balance sheet total 2025: € 877,888 ▼ 7% vs 2024 (€ 944,987) Unchanged	▼ 7%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1.9 Employees (FTE) 2023: 1.9 ▲ 0.9 vs 2022 (1) Unchanged	1.8 Employees (FTE) 2024: 1.8 ▼ 0.1 vs 2023 (1.9) Unchanged	2.6 Employees (FTE) 2025: 2.6 ▲ 0.8 vs 2024 (1.8) Unchanged	▲ 0.8

Key figures of MADS, 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 MADS?

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

Aug 4, 2026 New annual accounts for financial year 2025: loss of € 10,192. filed late Source: NBB ↗
Apr 29, 2013 New establishment in Elsene. KBO
Apr 29, 2013 Start of the company according to the CBE. KBO

In short

From € 2,435 profit in 2022 to € 10,192 loss in 2025.

Paid € 6,751 in corporate taxes since 2022.

Best year ever: 2023, with € 4,920 profit.

On average € 56,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

UP COMMUNICATION SRL

Cédric Allard

MADS

CULINARIA 99%

Behind MADS are UP COMMUNICATION SRL and Cédric Allard. It owns 99% of CULINARIA itself.

Directors

According to the 2025 annual accounts

UP COMMUNICATION SRL

Director

Also active at: UP AGENCY

Cédric Allard

Représentant permanent personne morale

Establishments

Establishment units

Physical locations of this company

Registered office

Paul Spaakstraat 2

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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Belgian Gastronomic Development same network

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

Details

Company number

0533.764.175

VAT number

BE 0533.764.175

Registered office

Paul Spaakstraat 2, 1050 Elsene

Names & denominations

MADS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

29 April 2013

Peppol

Active · Active since 24 Sept 2025

Activities · NACE

Organisatie van congressen en beurzen

Overige recreatie- en ontspanningsactiviteiten, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

MADS

Warning lights

Financials

What happened to MADS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions