MADELL is a specialised building contractor in Brussel. Private Limited, started on 21 September 2017, 1 establishment.

What is the address of MADELL?

The registered office of MADELL is located at Metrologielaan 6, 1130 Brussel.

Is MADELL still active?

Yes. According to the CBE (28 September 2026) MADELL is active, legal situation “Normale toestand”, started on 21 September 2017.

Is MADELL registered on Peppol?

Yes, MADELL is registered on the Peppol network with ID 0208:0681636024.

What is the enterprise number of MADELL?

The enterprise number of MADELL is BE0681636024.

When was MADELL founded?

MADELL was founded on 21 September 2017.

Who are the directors of MADELL?

According to the 2024 annual accounts, the directors of MADELL are: Said El M'Kaddem.

Is MADELL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 21 September 2017; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did MADELL make in 2024?

MADELL posted a profit after taxes of € 119,610 in financial year 2024.

What is the revenue of MADELL?

As a small company, MADELL is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 155,471.

MADELL (Private Limited) - Brussel - BE0681636024

Dossier MADELL, printed on 28 September 2026 from databakkes.be/en/0681636024/madell. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

MADELL from Brussel, company number BE0681636024, closed financial year 2024 with a result of € 119,610 after tax. For that financial year MADELL recorded a gross margin of € 155,471 and equity of € 228,615. Compared with financial year 2023, the result moved from € 18,685 to € 119,610. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2026.

What it is worth Growing

€ 228,615

▲ 70% vs 2023

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

Profit Growing

€ 119,610

▲ € 100,925 vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 241,617

▲ 93% vs 2023

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

Where the profit goes Pays out

€ 30,000 paid out

25 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2024

Wage cost

€ 515

▲ € 431 vs 2023

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

€ 7,910

▼ 42% vs 2023

Of which on lease € 5,838.

Debts at end 2024

Bank debt

€ 3,123

▼ 34% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 203,246

▲ 56% vs 2023

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

Taxes and wages

€ 37,910

▲ 7% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 37,596 Gross margin 2021: € 37,596 First fiscal year in the series	€ 90,864 Gross margin 2022: € 90,864 ▲ 142% vs 2021 (€ 37,596) Favourable step	€ 51,391 Gross margin 2023: € 51,391 ▼ 43% vs 2022 (€ 90,864) Unfavourable step	€ 155,471 Gross margin 2024: € 155,471 ▲ 203% vs 2023 (€ 51,391) Favourable step	▲ 203%
Profit after taxes	€ 32,282 Profit after taxes 2021: € 32,282 First fiscal year in the series	€ 41,594 Profit after taxes 2022: € 41,594 ▲ 29% vs 2021 (€ 32,282) Favourable step	€ 18,685 Profit after taxes 2023: € 18,685 ▼ 55% vs 2022 (€ 41,594) Unfavourable step	€ 119,610 Profit after taxes 2024: € 119,610 ▲ € 100,925 vs 2023 (€ 18,685) Favourable step	▲ € 100,925
Equity	€ 66,327 Equity 2021: € 66,327 First fiscal year in the series	€ 107,921 Equity 2022: € 107,921 ▲ 63% vs 2021 (€ 66,327) Favourable step	€ 134,224 Equity 2023: € 134,224 ▲ 24% vs 2022 (€ 107,921) Favourable step	€ 228,615 Equity 2024: € 228,615 ▲ 70% vs 2023 (€ 134,224) Favourable step	▲ 70%
Total debts	€ 100,408 Total debts 2021: € 100,408 First fiscal year in the series	€ 133,352 Total debts 2022: € 133,352 ▲ 33% vs 2021 (€ 100,408) Unfavourable step	€ 190,329 Total debts 2023: € 190,329 ▲ 43% vs 2022 (€ 133,352) Unfavourable step	€ 506,647 Total debts 2024: € 506,647 ▲ 166% vs 2023 (€ 190,329) Unfavourable step	▲ 166%
Cash	€ 77,767 Cash 2021: € 77,767 First fiscal year in the series	€ 120,815 Cash 2022: € 120,815 ▲ 55% vs 2021 (€ 77,767) Favourable step	€ 125,240 Cash 2023: € 125,240 ▲ 4% vs 2022 (€ 120,815) Favourable step	€ 241,617 Cash 2024: € 241,617 ▲ 93% vs 2023 (€ 125,240) Favourable step	▲ 93%
Retained profit	€ 60,127 Retained profit 2021: € 60,127 First fiscal year in the series	€ 101,721 Retained profit 2022: € 101,721 ▲ 69% vs 2021 (€ 60,127) Favourable step	€ 120,405 Retained profit 2023: € 120,405 ▲ 18% vs 2022 (€ 101,721) Favourable step	€ 210,015 Retained profit 2024: € 210,015 ▲ 74% vs 2023 (€ 120,405) Favourable step	▲ 74%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 30,000 Dividend 2024: € 30,000 Unchanged (€ 0) Unchanged
Bank debt	€ 9,456 Bank debt 2021: € 9,456 First fiscal year in the series	€ 11,250 Bank debt 2022: € 11,250 ▲ 19% vs 2021 (€ 9,456) Unfavourable step	€ 4,708 Bank debt 2023: € 4,708 ▼ 58% vs 2022 (€ 11,250) Favourable step	€ 3,123 Bank debt 2024: € 3,123 ▼ 34% vs 2023 (€ 4,708) Favourable step	▼ 34%
Balance sheet total	€ 166,735 Balance sheet total 2021: € 166,735 First fiscal year in the series	€ 241,272 Balance sheet total 2022: € 241,272 ▲ 45% vs 2021 (€ 166,735) Unchanged	€ 324,553 Balance sheet total 2023: € 324,553 ▲ 35% vs 2022 (€ 241,272) Unchanged	€ 735,262 Balance sheet total 2024: € 735,262 ▲ 127% vs 2023 (€ 324,553) Unchanged	▲ 127%

Key figures of MADELL, 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 MADELL?

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

Jan 15, 2026 New annual accounts for financial year 2024: profit of € 119,610 (▲ € 100,925 vs 2023). filed late Source: NBB ↗
2021 Said El M'Kaddem became a director. NBB
Sep 21, 2017 New establishment in Brussel. KBO
Sep 21, 2017 Start of the company according to the CBE. KBO

In short

From € 32,282 profit in 2021 to € 119,610 profit in 2024.

Paid € 52,902 in corporate taxes since 2021.

Best year ever: 2024, with € 119,610 profit.

Paid out € 30,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at MADELL? We notify you, reason included.

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My folder 3 companies

De Lijn 8 June 2026 New annual account 2025

filed on 8 June 2026

What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit

Real filings at the National Bank

Management

Said El M'Kaddem

MADELL

Behind MADELL is Said El M'Kaddem.

See the full network in the app

Directors

According to the 2024 annual accounts

Said El M'Kaddem

Administrator-manager

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Metrologielaan 6

1130 Brussel

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 →

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via-soc

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

Details

Company number

0681.636.024

VAT number

BE 0681.636.024

Registered office

Metrologielaan 6, 1130 Brussel

Names & denominations

MADELL

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

21 September 2017

Peppol

Active · Active since 9 Dec 2025

Activities · NACE

Overige werkzaamheden in verband met de afwerking van gebouwen

Schilderen van gebouwen

Overige gespecialiseerde bouwactiviteiten, neg

Overige gespecialiseerde bouwwerkzaamheden

View on CBE Public ↗ Annual accounts (NBB) ↗

MADELL

Financials

What happened to MADELL?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions