What is the address of MAD FOX?

The registered office of MAD FOX is located at Minister A.De Clercklaan(Kor) 11, 8500 Kortrijk.

Is MAD FOX still active?

Yes. According to the CBE (18 September 2026) MAD FOX is active, legal situation “Normale toestand”, started on 5 January 2018.

Is MAD FOX registered on Peppol?

Yes, MAD FOX is registered on the Peppol network with ID 0208:0687563912.

What is the enterprise number of MAD FOX?

The enterprise number of MAD FOX is BE0687563912.

When was MAD FOX founded?

MAD FOX was founded on 5 January 2018.

Who are the directors of MAD FOX?

According to the 2025 annual accounts, the directors of MAD FOX are: STEVEN MESTDAGH.

Is MAD FOX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 January 2018; 4 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MAD FOX make in 2025?

MAD FOX posted a profit after taxes of € 61,002 in financial year 2025.

What is the revenue of MAD FOX?

As a small company, MAD FOX is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 127,451.

MAD FOX (Private Limited) - Kortrijk - BE0687563912

Q: What does MAD FOX do?

MAD FOX is registered with the CBE as active in: Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies. Private Limited, started on 5 January 2018, 1 establishment.

Dossier MAD FOX, printed on 18 September 2026 from databakkes.be/en/0687563912/mad-fox. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MAD FOX from Kortrijk, company number BE0687563912, closed financial year 2025 with a result of € 61,002 after tax. For that financial year MAD FOX recorded a gross margin of € 127,451 and equity of € 18,600. Compared with financial year 2024, the result moved from € 548,561 to € 61,002. The company is profitable. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 15, 2026.

What it is worth Healthy

€ 18,600

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

Profit Healthy

€ 61,002

▼ 89% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 66

▲ € 57 vs 2024

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

Where the profit goes Pays out

€ 61,002 paid out

100 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Vehicles and equipment

€ 81,064

▲ € 76,214 vs 2024

Of which on lease € 81,064.

Debts at end 2025

Bank debt ≈ 10 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.

€ 1.4 million

▲ 7% vs 2024

€ 123,874 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.

Owed to suppliers

€ 3,889

▼ 28% vs 2024

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

Taxes

€ 9,996

▲ € 8,389 vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -63,523 Gross margin 2022: € -63,523 First fiscal year in the series	€ 9,176 Gross margin 2023: € 9,176 ▲ € 72,699 vs 2022 (€ -63,523) Favourable step	€ 35,241 Gross margin 2024: € 35,241 ▲ 284% vs 2023 (€ 9,176) Favourable step	€ 127,451 Gross margin 2025: € 127,451 ▲ 262% vs 2024 (€ 35,241) Favourable step	▲ 262%
Profit after taxes	€ 114,688 Profit after taxes 2022: € 114,688 First fiscal year in the series	€ 114,151 Profit after taxes 2023: € 114,151 Unchanged (€ 114,688) Unfavourable step	€ 548,561 Profit after taxes 2024: € 548,561 ▲ € 434,410 vs 2023 (€ 114,151) Favourable step	€ 61,002 Profit after taxes 2025: € 61,002 ▼ 89% vs 2024 (€ 548,561) Unfavourable step	▼ 89%
Equity	€ 110,148 Equity 2022: € 110,148 First fiscal year in the series	€ 224,299 Equity 2023: € 224,299 ▲ 104% vs 2022 (€ 110,148) Favourable step	€ 18,600 Equity 2024: € 18,600 ▼ 92% vs 2023 (€ 224,299) Unfavourable step	€ 18,600 Equity 2025: € 18,600 Unchanged (€ 18,600) Unchanged
Total debts	€ 629,678 Total debts 2022: € 629,678 First fiscal year in the series	€ 1,730,823 Total debts 2023: € 1,730,823 ▲ 175% vs 2022 (€ 629,678) Unfavourable step	€ 2,449,097 Total debts 2024: € 2,449,097 ▲ 41% vs 2023 (€ 1,730,823) Unfavourable step	€ 2,319,906 Total debts 2025: € 2,319,906 ▼ 5% vs 2024 (€ 2,449,097) Favourable step	▼ 5%
Cash	€ 2,765 Cash 2022: € 2,765 First fiscal year in the series	€ 553 Cash 2023: € 553 ▼ 80% vs 2022 (€ 2,765) Unfavourable step	€ 9 Cash 2024: € 9 ▼ 98% vs 2023 (€ 553) Unfavourable step	€ 66 Cash 2025: € 66 ▲ € 57 vs 2024 (€ 9) Favourable step	▲ € 57
Retained profit	€ 91,548 Retained profit 2022: € 91,548 First fiscal year in the series	€ 205,699 Retained profit 2023: € 205,699 ▲ 125% vs 2022 (€ 91,548) Favourable step	€ 0 Retained profit 2024: € 0 ▼ 100% vs 2023 (€ 205,699) Unfavourable step	€ 0 Retained profit 2025: € 0 Unchanged (€ 0) Unchanged
Dividend	€ 25,000 Dividend 2022: € 25,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 25,000) Unchanged	€ 754,260 Dividend 2024: € 754,260 Unchanged (€ 0) Unchanged	€ 61,002 Dividend 2025: € 61,002 ▼ 92% vs 2024 (€ 754,260) Unchanged	▼ 92%
Bank debt	€ 543,885 Bank debt 2022: € 543,885 First fiscal year in the series	€ 1,052,942 Bank debt 2023: € 1,052,942 ▲ 94% vs 2022 (€ 543,885) Unfavourable step	€ 1,295,066 Bank debt 2024: € 1,295,066 ▲ 23% vs 2023 (€ 1,052,942) Unfavourable step	€ 1,387,801 Bank debt 2025: € 1,387,801 ▲ 7% vs 2024 (€ 1,295,066) Unfavourable step	▲ 7%
Balance sheet total	€ 739,826 Balance sheet total 2022: € 739,826 First fiscal year in the series	€ 1,955,122 Balance sheet total 2023: € 1,955,122 ▲ 164% vs 2022 (€ 739,826) Unchanged	€ 2,467,697 Balance sheet total 2024: € 2,467,697 ▲ 26% vs 2023 (€ 1,955,122) Unchanged	€ 2,338,506 Balance sheet total 2025: € 2,338,506 ▼ 5% vs 2024 (€ 2,467,697) Unchanged	▼ 5%

Key figures of MAD FOX, 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 MAD FOX?

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

Jan 15, 2026 New annual accounts for financial year 2025: profit of € 61,002 (▼ 89% vs 2024). Source: NBB ↗
Jan 5, 2018 New establishment in Kortrijk. KBO
2018 STEVEN MESTDAGH became a director. NBB
Jan 5, 2018 Start of the company according to the CBE. KBO

In short

From € 114,688 profit in 2022 to € 61,002 profit in 2025.

Paid € 1,836 in corporate taxes since 2022.

Best year ever: 2024, with € 548,561 profit.

Paid out € 840,262 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at MAD FOX? 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

STEVEN MESTDAGH

MAD FOX

NU FLOW BELGIUM 100%

POXYTEC 100%

TOSS 50%

SEWOLAR 50%

Behind MAD FOX is STEVEN MESTDAGH. It owns 100% of NU FLOW BELGIUM, 100% of POXYTEC, 50% of TOSS, 50% of SEWOLAR and 10% of CMI itself.

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Directors

According to the 2025 annual accounts

STEVEN MESTDAGH

Director

Also active at: BOUWWERKEN EUGENE, WATERPAS, TOSS, GHEMES, Sewolar, Fast Cars, TRIDESTA

since 2018

Establishments

Establishment units

Physical locations of this company

Registered office

Minister A.De Clercklaan(Kor) 11

8500 Kortrijk

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 →

TRIDESTA same network

€ 40,745 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

0687.563.912

VAT number

BE 0687.563.912

Registered office

Minister A.De Clercklaan(Kor) 11, 8500 Kortrijk

Names & denominations

MAD FOX

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

5 January 2018

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

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

View on CBE Public ↗ Annual accounts (NBB) ↗

MAD FOX

Financials

What happened to MAD FOX?

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