Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Madyol from Sint-Pieters-Woluwe, company number BE0691614552, closed financial year 2025 with a result of € -13,641 after tax. For that financial year Madyol recorded a gross margin of € -13,526 and equity of € 135,205. Compared with financial year 2024, the result moved from € -18,325 to € -13,641. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 135,205
▲ € 136,359 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,641
▲ 26 % less loss than in 2024
Profit after tax over the fiscal year.
€ 99,750
▲ € 95,736 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -15,795.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 65,950
▲ € 63,180 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,661 | € 11,405 | € -17,498 | € -13,526 | ▲ € 3,971 |
| Profit after taxes | € 11,827 | € 6,924 | € -18,325 | € -13,641 | ▲ € 4,685 |
| Equity | € 10,247 | € 17,171 | € -1,154 | € 135,205 | ▲ € 136,359 |
| Total debts | € 20,686 | € 8,024 | € 5,894 | € 1,265,950 | ▲ € 1.3 million |
| Cash | € 13,802 | € 10,455 | € 4,014 | € 99,750 | ▲ € 95,736 |
| Land & buildings | - | - | - | € 1,126,641 | |
| Retained profit | € 9,247 | € 16,171 | € -2,154 | € -15,795 | ▼ € 13,641 |
| Dividend | € 12,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 30,933 | € 25,195 | € 4,740 | € 1,401,155 | ▲ € 1.4 million |
Key figures of Madyol, 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 Madyol?
What happened at Madyol in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,641. filed late Source: NBB ↗
- Francqui SPRL became a director. NBB
- BPR Management SRL became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,827 profit in 2022 to € 13,641 loss in 2025.
Paid € 6,143 in corporate taxes since 2022.
Best year ever: 2022, with € 11,827 profit.
Paid out € 12,000 in dividends to the owners in total.
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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
Management
The stake of CASSIOPEE, FRANCQUI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MadyolBehind Madyol are Cassiopee SRL, BPR Management SRL and Francqui SPRL. The shares are held by CASSIOPEE (33.3%) and FRANCQUI (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Etienne Dewulf
Also active at: THOMAS & PIRON HOLDING, LATOUR & PETIT
since 2025
since 2026
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 273
1150 Sint-Pieters-Woluwe
Montgolfierlaan 7
1150 Sint-Pieters-Woluwe
Active since 1 March 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
All companies at this address →BELGIAN RISK MANAGEMENT ASSOCIATION
European Coil Coating Association
€ 877,191 revenue · 2025
FEDERATION EUROPEENNE DE RISK MANAGEMENT - FEDERATION OF EUROPEAN RISK MANAGEMENT ASSOCIATIONS
€ 3.2 million revenue · 2024
LATOUR & PETIT same network
€ 1.5 million gross margin · 2025
AQ PARTNERS
€ 69,850 gross margin · 2025
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0691.614.552
- VAT number
- BE 0691.614.552
- Registered office
- Tervurenlaan 273, 1150 Sint-Pieters-Woluwe
- Names & denominations
- Madyol
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2018
- Peppol
- Active · Active since 29 Oct 2025