MADS is a hospitality business in Theux. Private Limited, started on 16 June 2017, 1 establishment.

What is the address of MADS?

The registered office of MADS is located at Rue Thier May 60, 4910 Theux.

Is MADS still active?

Yes. According to the CBE (31 October 2026) MADS is active, legal situation “Normale toestand”, started on 16 June 2017.

Is MADS registered on Peppol?

Yes, MADS is registered on the Peppol network with ID 0208:0676879856.

What is the enterprise number of MADS?

The enterprise number of MADS is BE0676879856.

When was MADS founded?

MADS was founded on 16 June 2017.

Is MADS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 June 2017; 5 annual accounts filed, latest fiscal year 2026.

How much profit did MADS make in 2026?

MADS posted a profit after taxes of € 71,136 in financial year 2026.

What is the revenue of MADS?

As a small company, MADS is not required to publish revenue in its annual accounts. In financial year 2026, its added value was € 81,834.

MADS (Private Limited) - Theux - BE0676879856

Dossier MADS, printed on 1 November 2026 from databakkes.be/en/0676879856/mads. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.

Financials

Financial year 2026

MADS from Theux, company number BE0676879856, closed financial year 2026 with a result of € 71,136 after tax. For that financial year MADS recorded a gross margin of € 81,834 and equity of € -167,288. Compared with financial year 2025, the result moved from € -88,033 to € 71,136. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.

What it is worth Caution

€ -167,288

▲ € 71,136 vs 2025

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

Profit Growing

€ 71,136

▲ still € 88,033 loss in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 1,426

▲ 175% 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 € -215,888.

People and assets in 2026

Wage cost

€ 1,720

▼ 91% 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.

Debts at end 2026

Bank debt ≈ 4 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.

€ 162,776

▼ 18% vs 2025

€ 38,858 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Taxes

€ 6,109

▼ 48% 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
Revenue	€ 42,921 Revenue 2023: € 42,921 First fiscal year in the series	€ 155,100 Revenue 2024: € 155,100 ▲ 261% vs 2023 (€ 42,921) Favourable step	-	-
Gross margin	€ -36,250 Gross margin 2023: € -36,250 First fiscal year in the series	€ 11,915 Gross margin 2024: € 11,915 ▲ € 48,164 vs 2023 (€ -36,250) Favourable step	€ 55,743 Gross margin 2025: € 55,743 ▲ € 43,828 vs 2024 (€ 11,915) Favourable step	€ 81,834 Gross margin 2026: € 81,834 ▲ 47% vs 2025 (€ 55,743) Favourable step	▲ 47%
Profit after taxes	€ -97,580 Profit after taxes 2023: € -97,580 First fiscal year in the series	€ -68,545 Profit after taxes 2024: € -68,545 ▲ € 29,034 vs 2023 (€ -97,580) Favourable step	€ -88,033 Profit after taxes 2025: € -88,033 ▼ € 19,488 vs 2024 (€ -68,545) Unfavourable step	€ 71,136 Profit after taxes 2026: € 71,136 ▲ € 159,169 vs 2025 (€ -88,033) Favourable step	▲ € 159,169
Equity	€ -81,845 Equity 2023: € -81,845 First fiscal year in the series	€ -150,390 Equity 2024: € -150,390 ▼ € 68,545 vs 2023 (€ -81,845) Unfavourable step	€ -238,424 Equity 2025: € -238,424 ▼ € 88,033 vs 2024 (€ -150,390) Unfavourable step	€ -167,288 Equity 2026: € -167,288 ▲ € 71,136 vs 2025 (€ -238,424) Favourable step	▲ € 71,136
Total debts	€ 302,452 Total debts 2023: € 302,452 First fiscal year in the series	€ 358,745 Total debts 2024: € 358,745 ▲ 19% vs 2023 (€ 302,452) Unfavourable step	€ 283,837 Total debts 2025: € 283,837 ▼ 21% vs 2024 (€ 358,745) Favourable step	€ 245,206 Total debts 2026: € 245,206 ▼ 14% vs 2025 (€ 283,837) Favourable step	▼ 14%
Cash	€ 45,686 Cash 2023: € 45,686 First fiscal year in the series	€ 3,640 Cash 2024: € 3,640 ▼ 92% vs 2023 (€ 45,686) Unfavourable step	€ 519 Cash 2025: € 519 ▼ 86% vs 2024 (€ 3,640) Unfavourable step	€ 1,426 Cash 2026: € 1,426 ▲ 175% vs 2025 (€ 519) Favourable step	▲ 175%
Retained profit	€ -130,445 Retained profit 2023: € -130,445 First fiscal year in the series	€ -198,990 Retained profit 2024: € -198,990 ▼ € 68,545 vs 2023 (€ -130,445) Unfavourable step	€ -287,024 Retained profit 2025: € -287,024 ▼ € 88,033 vs 2024 (€ -198,990) Unfavourable step	€ -215,888 Retained profit 2026: € -215,888 ▲ € 71,136 vs 2025 (€ -287,024) Favourable step	▲ € 71,136
Bank debt	€ 276,461 Bank debt 2023: € 276,461 First fiscal year in the series	€ 261,410 Bank debt 2024: € 261,410 ▼ 5% vs 2023 (€ 276,461) Favourable step	€ 199,164 Bank debt 2025: € 199,164 ▼ 24% vs 2024 (€ 261,410) Favourable step	€ 162,776 Bank debt 2026: € 162,776 ▼ 18% vs 2025 (€ 199,164) Favourable step	▼ 18%
Balance sheet total	€ 220,607 Balance sheet total 2023: € 220,607 First fiscal year in the series	€ 208,355 Balance sheet total 2024: € 208,355 ▼ 6% vs 2023 (€ 220,607) Unchanged	€ 45,414 Balance sheet total 2025: € 45,414 ▼ 78% vs 2024 (€ 208,355) Unchanged	€ 77,919 Balance sheet total 2026: € 77,919 ▲ 72% vs 2025 (€ 45,414) Unchanged	▲ 72%

Key figures of MADS, 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 MADS?

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

May 29, 2026 New annual accounts for financial year 2026: profit of € 71,136. Source: NBB ↗
Jun 16, 2017 New establishment in Verviers. KBO
Jun 16, 2017 Start of the company according to the CBE. KBO

In short

From € 97,580 loss in 2023 to € 71,136 profit in 2026.

Paid € 2,080 in corporate taxes since 2023.

Best year ever: 2026, with € 71,136 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Thier May 60

4910 Theux

2.272.942.602

Avenue Peltzer 41

4800 Verviers

Active since 16 June 2017

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 →

HODWINRY

€ 10,058 gross margin · 2026

LEOTHERM

€ 56,068 gross margin · 2026

JEAN-CHRETIEN FETTWEIS

€ 38,236 gross margin · 2025

Jeannette FETTWEIS

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

Details

Company number

0676.879.856

VAT number

BE 0676.879.856

Registered office

Rue Thier May 60, 4910 Theux

Names & denominations

MADS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

16 June 2017

Peppol

Active · Active since 30 Dec 2025

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Administratieve en ondersteunende activiteiten ten behoeve van kantoren

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige zakelijke dienstverlening, neg

Activiteiten van adviesbureaus op het gebied van public relations en communicatie

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Adviesbureaus op het gebied van public relations en communicatie

View on CBE Public ↗ Annual accounts (NBB) ↗