Financials
Financial year 2025
MaDe from Merelbeke-Melle, company number BE0597833863, closed financial year 2025 with a result of € 532,483 after tax. For that financial year MaDe recorded a gross margin of € -5,291 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 185,328 to € 532,483. 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 June 29, 2026.
€ 5.6 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 532,483
▲ 187% vs 2024
Profit after tax over the fiscal year.
€ 576,561
▲ 190% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 813,102.
Debts at end 2025
€ 1.3 million
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 26
▼ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,940
▲ € 11,784 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 | € -4,400 | € -4,270 | € -4,731 | € -5,291 | ▼ € 560 |
| Profit after taxes | € -12,253 | € 45,045 | € 185,328 | € 532,483 | ▲ 187% |
| Equity | € 3,971,352 | € 4,765,397 | € 5,069,619 | € 5,602,102 | ▲ 11% |
| Total debts | € 2,727,455 | € 2,637,982 | € 2,421,402 | € 2,204,572 | ▼ 9% |
| Cash | € 11,537 | € 137,891 | € 198,880 | € 576,561 | ▲ 190% |
| Retained profit | € 131,352 | € 176,397 | € 280,619 | € 813,102 | ▲ 190% |
| Dividend | € 0 | € 0 | € 81,106 | € 0 | ▼ 100% |
| Bank debt | € 1,360,000 | € 1,358,000 | € 1,215,000 | € 1,260,000 | ▲ 4% |
| Balance sheet total | € 6,698,807 | € 7,403,379 | € 7,491,022 | € 7,806,675 | ▲ 4% |
Key figures of MaDe, 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 MaDe?
What happened at MaDe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 532,483 (▲ 187% vs 2024). Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,253 loss in 2022 to € 532,483 profit in 2025.
Paid € 135,173 in corporate taxes since 2022.
Best year ever: 2025, with € 532,483 profit.
Paid out € 81,106 in dividends to the owners in total.
Management
Behind MaDe is Mathias Deleu. It owns 10% of PREMIER DEVELOPMENT FUND I itself.
Directors
According to the 2025 annual accounts
Mathias Deleu
Director
Establishments
Establishment units
Physical locations of this company
Schelderodeplein 10
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0597.833.863
- VAT number
- BE 0597.833.863
- Registered office
- Schelderodeplein 10, 9820 Merelbeke-Melle
- Names & denominations
- MaDe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2015
- Peppol
- Active · Active since 18 Dec 2025