Financials
Financial year 2024
MADEGRO from Mechelen, company number BE0661732020, closed financial year 2024 with a result of € 13,884 after tax. For that financial year MADEGRO recorded a gross margin of € 30,418 and equity of € 571,102. Compared with financial year 2023, the result moved from € 6,320 to € 13,884. 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 October 28, 2025.
€ 571,102
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,884
▲ 120% vs 2023
Profit after tax over the fiscal year.
€ 20,864
▼ 82% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 158,587.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 8,997
▼ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 48,988 | € 1,773 | € 25,836 | € 30,418 | ▲ 18% |
| Profit after taxes | € 2,660 | € -25,033 | € 6,320 | € 13,884 | ▲ 120% |
| Equity | € 575,931 | € 550,899 | € 557,218 | € 571,102 | ▲ 2% |
| Total debts | € 82,588 | € 137,968 | € 226,141 | € 37,992 | ▼ 83% |
| Cash | € 60,980 | € 86,611 | € 118,799 | € 20,864 | ▼ 82% |
| Land & buildings | € 266,358 | € 242,233 | € 226,759 | € 213,076 | ▼ 6% |
| Retained profit | € 163,416 | € 138,383 | € 144,703 | € 158,587 | ▲ 10% |
| Balance sheet total | € 658,519 | € 688,866 | € 783,359 | € 609,095 | ▼ 22% |
Key figures of MADEGRO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MADEGRO?
What happened at MADEGRO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 13,884 (▲ 120% vs 2023). filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,660 profit in 2021 to € 13,884 profit in 2024.
Paid € 663 in corporate taxes since 2021.
Best year ever: 2024, with € 13,884 profit.
Management
Behind MADEGRO are Maurits De Groote and Igor De Groote. Maurits De Groote is also behind ENTECOM SERVICES, DEGROMA, AMESCO, ENTECOM SYSTEMS and ARTIFIN.
Directors
According to the 2024 annual accounts
Maurits De Groote
Director
Also active at: ENTECOM SERVICES, DEGROMA, AMESCO, ENTECOM SYSTEMS, ARTIFIN
Igor De Groote
Director
Establishments
Establishment units
Physical locations of this company
Koningin Astridlaan 108
2800 Mechelen
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
- 0661.732.020
- VAT number
- BE 0661.732.020
- Registered office
- Koningin Astridlaan 108, 2800 Mechelen
- Names & denominations
- MADEGRO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 August 2016
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van sociale woningen
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis