MADDEC is a clothing shop in Kortrijk. Private Limited, started on 27 January 2014, 1 establishment.

What is the address of MADDEC?

The registered office of MADDEC is located at Doorniksestraat(Kor) 48, 8500 Kortrijk.

Is MADDEC still active?

Yes. According to the CBE (31 October 2026) MADDEC is active, legal situation “Normale toestand”, started on 27 January 2014.

Is MADDEC registered on Peppol?

Yes, MADDEC is registered on the Peppol network with ID 0208:0544826828.

What is the enterprise number of MADDEC?

The enterprise number of MADDEC is BE0544826828.

When was MADDEC founded?

MADDEC was founded on 27 January 2014.

Who are the directors of MADDEC?

According to the 2026 annual accounts, the directors of MADDEC are: Kelly Decleire, Elsy Mahieu.

Is MADDEC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 January 2014; 5 annual accounts filed, latest fiscal year 2026; 2 directors known from the annual account.

How much profit did MADDEC make in 2026?

MADDEC posted a profit after taxes of € 2,825 in financial year 2026.

What is the revenue of MADDEC?

As a small company, MADDEC is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 74,651.

MADDEC (Private Limited) - Kortrijk - BE0544826828

Dossier MADDEC, printed on 1 November 2026 from databakkes.be/en/0544826828/maddec. 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.

Tight liquidity NBB

Cash and receivables cover 15 % of short-term debt in 2026; threshold 65 %.

Financials

Financial year 2026

MADDEC from Kortrijk, company number BE0544826828, closed financial year 2026 with a result of € 2,825 after tax. For that financial year MADDEC recorded a gross margin of € 74,651 and equity of € 72,010. Compared with financial year 2025, the result moved from € 17,356 to € 2,825. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.

What it is worth Growing

€ 72,010

▲ 4% vs 2025

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

Profit Healthy

€ 2,825

▼ 84% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 12,364

▲ 5% vs 2025

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

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 52,010.

People and assets in 2026

Wage cost

€ 9,117

▼ 54% vs 2025

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

€ 6,537

▼ 53% vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 5 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.

€ 417,780

▼ 10% vs 2025

€ 42,193 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 53,512

▲ 17% vs 2025

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

Taxes

€ 4,242

▼ 43% vs 2025

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2023	2024	2025	2026	Change 2025 → 2026
Gross margin	€ 96,401 Gross margin 2023: € 96,401 First fiscal year in the series	€ 70,652 Gross margin 2024: € 70,652 ▼ 27% vs 2023 (€ 96,401) Unfavourable step	€ 105,019 Gross margin 2025: € 105,019 ▲ 49% vs 2024 (€ 70,652) Favourable step	€ 74,651 Gross margin 2026: € 74,651 ▼ 29% vs 2025 (€ 105,019) Unfavourable step	▼ 29%
Profit after taxes	€ 11,414 Profit after taxes 2023: € 11,414 First fiscal year in the series	€ -24,174 Profit after taxes 2024: € -24,174 ▼ € 35,588 vs 2023 (€ 11,414) Unfavourable step	€ 17,356 Profit after taxes 2025: € 17,356 ▲ € 41,529 vs 2024 (€ -24,174) Favourable step	€ 2,825 Profit after taxes 2026: € 2,825 ▼ 84% vs 2025 (€ 17,356) Unfavourable step	▼ 84%
Equity	€ 76,003 Equity 2023: € 76,003 First fiscal year in the series	€ 51,829 Equity 2024: € 51,829 ▼ 32% vs 2023 (€ 76,003) Unfavourable step	€ 69,184 Equity 2025: € 69,184 ▲ 33% vs 2024 (€ 51,829) Favourable step	€ 72,010 Equity 2026: € 72,010 ▲ 4% vs 2025 (€ 69,184) Favourable step	▲ 4%
Total debts	€ 600,372 Total debts 2023: € 600,372 First fiscal year in the series	€ 597,215 Total debts 2024: € 597,215 ▼ 1% vs 2023 (€ 600,372) Favourable step	€ 519,151 Total debts 2025: € 519,151 ▼ 13% vs 2024 (€ 597,215) Favourable step	€ 475,838 Total debts 2026: € 475,838 ▼ 8% vs 2025 (€ 519,151) Favourable step	▼ 8%
Cash	€ 18,401 Cash 2023: € 18,401 First fiscal year in the series	€ 23,718 Cash 2024: € 23,718 ▲ 29% vs 2023 (€ 18,401) Favourable step	€ 11,789 Cash 2025: € 11,789 ▼ 50% vs 2024 (€ 23,718) Unfavourable step	€ 12,364 Cash 2026: € 12,364 ▲ 5% vs 2025 (€ 11,789) Favourable step	▲ 5%
Land & buildings	€ 302,088 Land & buildings 2023: € 302,088 First fiscal year in the series	€ 286,650 Land & buildings 2024: € 286,650 ▼ 5% vs 2023 (€ 302,088) Unchanged	€ 271,213 Land & buildings 2025: € 271,213 ▼ 5% vs 2024 (€ 286,650) Unchanged	€ 255,775 Land & buildings 2026: € 255,775 ▼ 6% vs 2025 (€ 271,213) Unchanged	▼ 6%
Retained profit	€ 56,003 Retained profit 2023: € 56,003 First fiscal year in the series	€ 31,829 Retained profit 2024: € 31,829 ▼ 43% vs 2023 (€ 56,003) Unfavourable step	€ 49,184 Retained profit 2025: € 49,184 ▲ 55% vs 2024 (€ 31,829) Favourable step	€ 52,010 Retained profit 2026: € 52,010 ▲ 6% vs 2025 (€ 49,184) Favourable step	▲ 6%
Bank debt	€ 531,403 Bank debt 2023: € 531,403 First fiscal year in the series	€ 510,993 Bank debt 2024: € 510,993 ▼ 4% vs 2023 (€ 531,403) Favourable step	€ 464,791 Bank debt 2025: € 464,791 ▼ 9% vs 2024 (€ 510,993) Favourable step	€ 417,780 Bank debt 2026: € 417,780 ▼ 10% vs 2025 (€ 464,791) Favourable step	▼ 10%
Balance sheet total	€ 676,374 Balance sheet total 2023: € 676,374 First fiscal year in the series	€ 649,044 Balance sheet total 2024: € 649,044 ▼ 4% vs 2023 (€ 676,374) Unchanged	€ 588,335 Balance sheet total 2025: € 588,335 ▼ 9% vs 2024 (€ 649,044) Unchanged	€ 547,847 Balance sheet total 2026: € 547,847 ▼ 7% vs 2025 (€ 588,335) Unchanged	▼ 7%

Key figures of MADDEC, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to MADDEC?

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

Oct 26, 2026 New annual accounts for financial year 2026: profit of € 2,825 (▼ 84% vs 2025). Source: NBB ↗
Jan 27, 2014 New establishment in Kortrijk. KBO
Jan 27, 2014 Start of the company according to the CBE. KBO
2014 Kelly Decleire became a director. NBB
2014 Elsy Mahieu became a director. NBB

In short

From € 11,414 profit in 2023 to € 2,825 profit in 2026.

Paid € 2,490 in corporate taxes since 2023.

Best year ever: 2025, with € 17,356 profit.

Original PDFs at the National Bank ↗

Management

Kelly Decleire Elsy Mahieu

MADDEC

Behind MADDEC are Kelly Decleire and Elsy Mahieu.

Directors

According to the 2026 annual accounts

Kelly Decleire

Director

since 2014

Elsy Mahieu

Director

since 2014

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksestraat(Kor) 48

8500 Kortrijk

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 →

J. DE STOOP et E. de BETHUNE, Comptoir d'Escompte de Mouscron-Courtrai - Discontokantoor van Moeskroen-Kortrijk

CREPERIE VAN HET GROTE WESTEN

Vereniging van mede-eigenaars, Stad Kortrijk, Doorniksestraat 48 "Residentie Gulden Arend"

Anto Architecten

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

Details

Company number

0544.826.828

VAT number

BE 0544.826.828

Registered office

Doorniksestraat(Kor) 48, 8500 Kortrijk

Names & denominations

MADDEC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 January 2014

Peppol

Active · Active since 23 Sept 2025

Activities · NACE

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Detailhandel in souvenirs en religieuze artikelen

Detailhandel in souvenirs en religieuze artikelen in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

MADDEC

Warning lights

Financials

What happened to MADDEC?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions