What does MADELCO do?

MADELCO is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 2 November 2015.

What is the address of MADELCO?

The registered office of MADELCO is located at Heirweg 67, 8800 Roeselare.

Is MADELCO still active?

Yes. According to the CBE (30 October 2026) MADELCO is active, legal situation “Normale toestand”, started on 2 November 2015.

Is MADELCO registered on Peppol?

Yes, MADELCO is registered on the Peppol network with ID 0208:0642571946.

What is the enterprise number of MADELCO?

The enterprise number of MADELCO is BE0642571946.

When was MADELCO founded?

MADELCO was founded on 2 November 2015.

Who are the directors of MADELCO?

According to the 2025 annual accounts, the directors of MADELCO are: Alex Raes, Sofalco BV.

Is MADELCO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 November 2015; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MADELCO make in 2025?

MADELCO posted a profit after taxes of € 396,695 in financial year 2025.

What is the revenue of MADELCO?

As a small company, MADELCO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 281,053.

MADELCO (Private Limited) - Roeselare - BE0642571946

Dossier MADELCO, printed on 30 October 2026 from databakkes.be/en/0642571946/madelco. 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 47 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

MADELCO from Roeselare, company number BE0642571946, closed financial year 2025 with a result of € 396,695 after tax. For that financial year MADELCO recorded a gross margin of € 281,053 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 251,911 to € 396,695. 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 November 20, 2025.

What it is worth Growing

€ 1.1 million

▲ 50% vs 2024

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

Profit Growing

€ 396,695

▲ 57% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,305

▲ € 26,836 vs 2024

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

Where the profit goes Pays out

€ 25,000 paid out

6 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 33,146

▼ 42% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 85 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.

€ 1.5 million

▼ 17% vs 2024

€ 17,500 is repaid this year. At this pace the long-term loan is gone in ≈ 85 years.

Owed to suppliers

€ 21,007

▼ 42% vs 2024

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

Taxes

€ 10,705

▲ 25% vs 2024

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)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 123,035 Gross margin 2022: € 123,035 First fiscal year in the series	€ 236,946 Gross margin 2023: € 236,946 ▲ 93% vs 2022 (€ 123,035) Favourable step	€ 418,691 Gross margin 2024: € 418,691 ▲ 77% vs 2023 (€ 236,946) Favourable step	€ 281,053 Gross margin 2025: € 281,053 ▼ 33% vs 2024 (€ 418,691) Unfavourable step	▼ 33%
Profit after taxes	€ 73,370 Profit after taxes 2022: € 73,370 First fiscal year in the series	€ 142,985 Profit after taxes 2023: € 142,985 ▲ 95% vs 2022 (€ 73,370) Favourable step	€ 251,911 Profit after taxes 2024: € 251,911 ▲ 76% vs 2023 (€ 142,985) Favourable step	€ 396,695 Profit after taxes 2025: € 396,695 ▲ 57% vs 2024 (€ 251,911) Favourable step	▲ 57%
Equity	€ 355,590 Equity 2022: € 355,590 First fiscal year in the series	€ 498,575 Equity 2023: € 498,575 ▲ 40% vs 2022 (€ 355,590) Favourable step	€ 750,486 Equity 2024: € 750,486 ▲ 51% vs 2023 (€ 498,575) Favourable step	€ 1,122,180 Equity 2025: € 1,122,180 ▲ 50% vs 2024 (€ 750,486) Favourable step	▲ 50%
Total debts	€ 435,889 Total debts 2022: € 435,889 First fiscal year in the series	€ 496,919 Total debts 2023: € 496,919 ▲ 14% vs 2022 (€ 435,889) Unfavourable step	€ 2,094,099 Total debts 2024: € 2,094,099 ▲ € 1.6 million vs 2023 (€ 496,919) Unfavourable step	€ 1,781,417 Total debts 2025: € 1,781,417 ▼ 15% vs 2024 (€ 2,094,099) Favourable step	▼ 15%
Cash	€ 347,155 Cash 2022: € 347,155 First fiscal year in the series	€ 56,616 Cash 2023: € 56,616 ▼ 84% vs 2022 (€ 347,155) Unfavourable step	€ 5,470 Cash 2024: € 5,470 ▼ 90% vs 2023 (€ 56,616) Unfavourable step	€ 32,305 Cash 2025: € 32,305 ▲ € 26,836 vs 2024 (€ 5,470) Favourable step	▲ € 26,836
Land & buildings	€ 250,595 Land & buildings 2022: € 250,595 First fiscal year in the series	€ 245,058 Land & buildings 2023: € 245,058 ▼ 2% vs 2022 (€ 250,595) Unchanged	€ 239,521 Land & buildings 2024: € 239,521 ▼ 2% vs 2023 (€ 245,058) Unchanged	€ 233,983 Land & buildings 2025: € 233,983 ▼ 2% vs 2024 (€ 239,521) Unchanged	▼ 2%
Retained profit	€ 300,590 Retained profit 2022: € 300,590 First fiscal year in the series	€ 443,575 Retained profit 2023: € 443,575 ▲ 48% vs 2022 (€ 300,590) Favourable step	€ 695,486 Retained profit 2024: € 695,486 ▲ 57% vs 2023 (€ 443,575) Favourable step	€ 1,067,180 Retained profit 2025: € 1,067,180 ▲ 53% vs 2024 (€ 695,486) Favourable step	▲ 53%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 25,000 Dividend 2025: € 25,000 Unchanged (€ 0) Unchanged
Bank debt	€ 160,417 Bank debt 2022: € 160,417 First fiscal year in the series	€ 142,917 Bank debt 2023: € 142,917 ▼ 11% vs 2022 (€ 160,417) Favourable step	€ 1,797,917 Bank debt 2024: € 1,797,917 ▲ € 1.7 million vs 2023 (€ 142,917) Unfavourable step	€ 1,491,429 Bank debt 2025: € 1,491,429 ▼ 17% vs 2024 (€ 1,797,917) Favourable step	▼ 17%
Balance sheet total	€ 791,479 Balance sheet total 2022: € 791,479 First fiscal year in the series	€ 995,494 Balance sheet total 2023: € 995,494 ▲ 26% vs 2022 (€ 791,479) Unchanged	€ 2,844,584 Balance sheet total 2024: € 2,844,584 ▲ 186% vs 2023 (€ 995,494) Unchanged	€ 2,903,597 Balance sheet total 2025: € 2,903,597 ▲ 2% vs 2024 (€ 2,844,584) Unchanged	▲ 2%

Key figures of MADELCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to MADELCO?

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

Nov 20, 2025 New annual accounts for financial year 2025: profit of € 396,695 (▲ 57% vs 2024). Source: NBB ↗
Nov 2, 2015 Start of the company according to the CBE. KBO

In short

From € 73,370 profit in 2022 to € 396,695 profit in 2025.

Paid € 242,162 in corporate taxes since 2022.

Best year ever: 2025, with € 396,695 profit.

Paid out € 25,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Alex Raes Sofalco BV

MADELCO

Behind MADELCO are Alex Raes and Sofalco BV.

Directors

According to the 2025 annual accounts

Alex Raes

Director

Sofalco BV

Director · represented by Sofie Vossaert

Establishments

Establishment units

Physical locations of this company

Registered office

Heirweg 67

8800 Roeselare

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Firma Raes

€ 6,776 gross margin · 2025

SOFALCO same network

€ 26,174 gross margin · 2025

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

Details

Company number: 0642.571.946
VAT number: BE 0642.571.946
Registered office: Heirweg 67, 8800 Roeselare
Names & denominations: MADELCO
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Normale toestand
Start date: 2 November 2015
Peppol: Active · Active since 30 Dec 2025
Activities · NACE: Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗