MADI is a specialised building contractor in As. Public Limited, started on 27 September 2017, 1 establishment.

What is the address of MADI?

The registered office of MADI is located at Vennekeslaan 7, 3665 As.

Is MADI still active?

Yes. According to the CBE (29 October 2026) MADI is active, legal situation “Normale toestand”, started on 27 September 2017.

Is MADI registered on Peppol?

Yes, MADI is registered on the Peppol network with ID 0208:0681840615.

What is the enterprise number of MADI?

The enterprise number of MADI is BE0681840615.

When was MADI founded?

MADI was founded on 27 September 2017.

Who are the directors of MADI?

According to the 2025 annual accounts, the directors of MADI are: I&L Technical Solutions, Signatura BV.

Is MADI a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 September 2017; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did MADI make in 2025?

MADI posted a profit after taxes of € 148,891 in financial year 2025.

What is the revenue of MADI?

As a small company, MADI is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 177,400.

How much does an employee at MADI earn?

The average wage cost per full-time employee at MADI was € 66,700 in 2023: staff costs of € 260,137 for 3.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

MADI (Public Limited) - As - BE0681840615

Dossier MADI, printed on 29 October 2026 from databakkes.be/en/0681840615/madi. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MADI from As, company number BE0681840615, closed financial year 2025 with a result of € 148,891 after tax. For that financial year MADI recorded a gross margin of € 177,400 and equity of € 361,896. Compared with financial year 2024, the result moved from € -58,170 to € 148,891. 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 August 26, 2026.

What it is worth Growing

€ 361,896

▲ 70% vs 2024

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

Profit Growing

€ 148,891

▲ still € 58,170 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 347,618

▲ 79% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 300,396.

People and assets in 2025

Wage cost

€ 301

▼ 92% vs 2024

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 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 5,422

▼ 89% vs 2024

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

Taxes

€ 301

▲ € 290 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	€ 950,622 Gross margin 2022: € 950,622 First fiscal year in the series	€ 346,981 Gross margin 2023: € 346,981 ▼ 63% vs 2022 (€ 950,622) Unfavourable step	€ 82,763 Gross margin 2024: € 82,763 ▼ 76% vs 2023 (€ 346,981) Unfavourable step	€ 177,400 Gross margin 2025: € 177,400 ▲ 114% vs 2024 (€ 82,763) Favourable step	▲ 114%
Profit after taxes	€ 45,939 Profit after taxes 2022: € 45,939 First fiscal year in the series	€ -110,457 Profit after taxes 2023: € -110,457 ▼ € 156,396 vs 2022 (€ 45,939) Unfavourable step	€ -58,170 Profit after taxes 2024: € -58,170 ▲ € 52,287 vs 2023 (€ -110,457) Favourable step	€ 148,891 Profit after taxes 2025: € 148,891 ▲ € 207,061 vs 2024 (€ -58,170) Favourable step	▲ € 207,061
Equity	€ 381,632 Equity 2022: € 381,632 First fiscal year in the series	€ 271,175 Equity 2023: € 271,175 ▼ 29% vs 2022 (€ 381,632) Unfavourable step	€ 213,005 Equity 2024: € 213,005 ▼ 21% vs 2023 (€ 271,175) Unfavourable step	€ 361,896 Equity 2025: € 361,896 ▲ 70% vs 2024 (€ 213,005) Favourable step	▲ 70%
Total debts	€ 2,701,144 Total debts 2022: € 2,701,144 First fiscal year in the series	€ 1,747,943 Total debts 2023: € 1,747,943 ▼ 35% vs 2022 (€ 2,701,144) Favourable step	€ 1,408,644 Total debts 2024: € 1,408,644 ▼ 19% vs 2023 (€ 1,747,943) Favourable step	€ 5,723 Total debts 2025: € 5,723 ▼ € 1.4 million vs 2024 (€ 1,408,644) Favourable step	▼ € 1.4 million
Cash	€ 180,792 Cash 2022: € 180,792 First fiscal year in the series	€ 207,392 Cash 2023: € 207,392 ▲ 15% vs 2022 (€ 180,792) Favourable step	€ 193,949 Cash 2024: € 193,949 ▼ 6% vs 2023 (€ 207,392) Unfavourable step	€ 347,618 Cash 2025: € 347,618 ▲ 79% vs 2024 (€ 193,949) Favourable step	▲ 79%
Land & buildings	€ 1,415,593 Land & buildings 2022: € 1,415,593 First fiscal year in the series	€ 1,363,604 Land & buildings 2023: € 1,363,604 ▼ 4% vs 2022 (€ 1,415,593) Unchanged	€ 1,319,196 Land & buildings 2024: € 1,319,196 ▼ 3% vs 2023 (€ 1,363,604) Unchanged	-
Retained profit	€ 320,132 Retained profit 2022: € 320,132 First fiscal year in the series	€ 209,675 Retained profit 2023: € 209,675 ▼ 35% vs 2022 (€ 320,132) Unfavourable step	€ 151,505 Retained profit 2024: € 151,505 ▼ 28% vs 2023 (€ 209,675) Unfavourable step	€ 300,396 Retained profit 2025: € 300,396 ▲ 98% vs 2024 (€ 151,505) Favourable step	▲ 98%
Bank debt	€ 1,213,028 Bank debt 2022: € 1,213,028 First fiscal year in the series	€ 1,019,097 Bank debt 2023: € 1,019,097 ▼ 16% vs 2022 (€ 1,213,028) Favourable step	€ 766,782 Bank debt 2024: € 766,782 ▼ 25% vs 2023 (€ 1,019,097) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 766,782) Favourable step	▼ 100%
Balance sheet total	€ 3,082,776 Balance sheet total 2022: € 3,082,776 First fiscal year in the series	€ 2,019,118 Balance sheet total 2023: € 2,019,118 ▼ 35% vs 2022 (€ 3,082,776) Unchanged	€ 1,621,649 Balance sheet total 2024: € 1,621,649 ▼ 20% vs 2023 (€ 2,019,118) Unchanged	€ 367,619 Balance sheet total 2025: € 367,619 ▼ 77% vs 2024 (€ 1,621,649) Unchanged	▼ 77%
Employees (FTE)	11.2 Employees (FTE) 2022: 11.2 First fiscal year in the series	3.9 Employees (FTE) 2023: 3.9 ▼ 7.3 vs 2022 (11.2) Unchanged	0.1 Employees (FTE) 2024: 0.1 ▼ 3.8 vs 2023 (3.9) Unchanged	-

Key figures of MADI, 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 MADI?

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

Aug 26, 2026 New annual accounts for financial year 2025: profit of € 148,891. filed late Source: NBB ↗
Sep 27, 2017 New establishment in Houthalen-Helchteren. KBO
2017 I&L Technical Solutions became a director. NBB
2017 Signatura BV became a director. NBB
Sep 27, 2017 Start of the company according to the CBE. KBO

In short

From € 45,939 profit in 2022 to € 148,891 profit in 2025.

Paid € 3,777 in corporate taxes since 2022.

Best year ever: 2025, with € 148,891 profit.

On average € 89,000 of value added per employee in 2023.

Original PDFs at the National Bank ↗

Management

ANDAZ PARTNERS 33%

The stake of ANDAZ PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MADI

Behind MADI are I&L Technical Solutions and Signatura BV. The shares are held by ANDAZ PARTNERS (33%).

Directors

According to the 2025 annual accounts

I&L Technical Solutions

Director · represented by Ivan Dilissen

since 2017

Signatura BV

Director · represented by Jan Martens

since 2017

Shareholders

ANDAZ PARTNERS

33%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vennekeslaan 7

3665 As

2.268.906.313

Europark 1019

3530 Houthalen-Helchteren

Active since 27 September 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

HB ROOF SYSTEMS

€ -5,574 gross margin · 2025

Revivo Development

€ 2,789 gross margin · 2024

Fonetik Group

€ 452,364 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

0681.840.615

VAT number

BE 0681.840.615

Registered office

Vennekeslaan 7, 3665 As

Names & denominations

MADI

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

27 September 2017

Peppol

Active · Active since 28 Jan 2026

Activities · NACE

Glaszetten

Groothandel in hout

Groothandel in bouwmaterialen, algemeen assortiment

Schrijnwerk

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗

MADI

Financials

What happened to MADI?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions