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.
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Tight liquidity NBB
Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MAD VISION GROUP from Ukkel, company number BE0543374303, closed financial year 2025 with a result of € -78,934 after tax. For that financial year MAD VISION GROUP recorded a gross margin of € 170,027 and equity of € 396,828. Compared with financial year 2024, the result moved from € -164,293 to € -78,934. 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 17, 2026.
€ 396,828
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -78,934
▲ 52 % less loss than in 2024
Profit after tax over the fiscal year.
€ 318
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -609,372.
People and assets in 2025
1.8
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 64,777
▼ 20% vs 2024
€ 36,000 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.
€ 2,786
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▼ 3% vs 2024
€ 79,327 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 157,730
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,156
▼ 84% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 27,579 | € 150,632 | € 168,752 | € 170,027 | ▲ 1% |
| Profit after taxes | € -456,192 | € -53,991 | € -164,293 | € -78,934 | ▲ € 85,358 |
| Equity | € 694,046 | € 640,055 | € 475,762 | € 396,828 | ▼ 17% |
| Total debts | € 2,102,348 | € 2,279,397 | € 2,325,155 | € 2,232,694 | ▼ 4% |
| Cash | € 79,440 | € 12,684 | € 21,502 | € 318 | ▼ 99% |
| Retained profit | € -312,154 | € -366,145 | € -530,438 | € -609,372 | ▼ € 78,934 |
| Bank debt | € 1,933,329 | € 1,848,901 | € 1,765,896 | € 1,712,744 | ▼ 3% |
| Balance sheet total | € 2,796,394 | € 2,919,452 | € 2,800,917 | € 2,629,521 | ▼ 6% |
| Employees (FTE) | 1.8 | 1.9 | 1.9 | 1.8 | ▼ 0.1 |
Key figures of MAD VISION GROUP, 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 VISION GROUP?
What happened at MAD VISION GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 78,934. filed late Source: NBB ↗
- AD Vitam Corp SRL became a director. NBB
- Arrow management SRL became a director. NBB
- Adlane DRAOU stepped down as director. NBB
- Abdelmalik ZAOUGUI stepped down as director. NBB
- VCK.Vc SRL became a director. NBB
- Abdelmalik ZAOUGUI became a director. NBB
- New establishment in Mons. KBO
In short
From € 456,192 loss in 2022 to € 78,934 loss in 2025.
Paid € 7,179 in corporate taxes since 2022.
On average € 94,500 of value added per employee in 2025.
A new publication or filing at MAD VISION GROUP? We notify you, reason included.
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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
Management
The stake of MAD SPV 1 comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MAD VISION GROUPBehind MAD VISION GROUP are AD Vitam Corp SRL, VCK.Vc SRL and Arrow management SRL. The shares are held by MAD SPV 1. It owns 100% of WL CORP, 100% of GD CORP, 100% of DX CORP, 100% of GC BELGIUM, 100% of MAD VISION GROUP MAROC and 100% of GPO CORP itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Adlane DRAOU
since 2026
Director · represented by Maxime Vuckovic
since 2024
Director · represented by Abdelmalik ZAOUGUI
since 2026
Adlane DRAOU
Managing director
Also active at: BE&YOU CORP., AD CORP, POLCI, GD CORP, CR CORP, DX CORP, FISH DX, WL CORP +6 more
since 2013 · until 2026
Abdelmalik ZAOUGUI
Director
since 2022 · until 2026
Shareholders
Establishments
Establishment units
Physical locations of this company
Ilya Prigoginelaan 8
1180 Ukkel
Rue d'Havré 32/rdc
7000 Mons
Active since 1 May 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →BE&YOU CORP. same network
€ -1,799 gross margin · 2025
AD CORP same network
€ -1,779 gross margin · 2025
POLCI same network
€ 500 gross margin · 2025
GD CORP same network
€ -58,875 gross margin · 2025
CR CORP same network
€ 209,175 gross margin · 2025
+10 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0543.374.303
- VAT number
- BE 0543.374.303
- Registered office
- Ilya Prigoginelaan 8, 1180 Ukkel
- Names & denominations
- MAD VISION GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2013
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Holdings
Adviesbureaus op het gebied van public relations en communicatie
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige gespecialiseerde ontwerpactiviteiten
Ontwerpen van textielpatronen, kleding, juwelen, meubels en decoratieartikelen
Grafisch ontwerp en visuele communicatie
+3