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 2023 and 2024.
-
Shrinking team NBB
FTE fell two years in a row, from 4 to 0.6.
Financials
Financial year 2024
Mad Cow from Verviers, company number BE0696986174, closed financial year 2024 with a result of € -11,881 after tax. For that financial year Mad Cow recorded a gross margin of € 23,918 and equity of € 540,897. Compared with financial year 2023, the result moved from € -73,863 to € -11,881. The company made a loss. 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 December 29, 2025.
€ 540,897
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,881
▲ 84 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,849
▼ 88% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 522,297.
People and assets in 2024
0.6
▼ 1.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 35,102
▼ 76% 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.
€ 30,841
▼ 38% vs 2023
Of which on lease € 8,386.
Debts at end 2024
€ 250,107
Loans from banks and other lenders, long and short.
€ 5 million
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 446,385
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 434,972 | € 798,270 | € 293,281 | € 23,918 | ▼ 92% |
| Profit after taxes | € 139,253 | € 198,239 | € -73,863 | € -11,881 | ▲ € 61,983 |
| Equity | € 428,402 | € 626,641 | € 552,778 | € 540,897 | ▼ 2% |
| Total debts | € 2,452,072 | € 3,251,152 | € 6,694,029 | € 5,756,937 | ▼ 14% |
| Cash | € 41,295 | € 2,387 | € 15,701 | € 1,849 | ▼ 88% |
| Retained profit | € 409,802 | € 608,041 | € 534,178 | € 522,297 | ▼ 2% |
| Bank debt | € 0 | € 0 | € 0 | € 250,107 | |
| Balance sheet total | € 2,880,474 | € 3,877,793 | € 7,246,806 | € 6,297,834 | ▼ 13% |
| Employees (FTE) | 2.4 | 4 | 2.4 | 0.6 | ▼ 1.8 |
Key figures of Mad Cow, 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 Mad Cow?
What happened at Mad Cow in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 11,881. filed late Source: NBB ↗
- New establishment in Verviers. KBO
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 139,253 profit in 2021 to € 11,881 loss in 2024.
Paid € 201,723 in corporate taxes since 2021.
Best year ever: 2022, with € 198,239 profit.
On average € 122,200 of value added per employee in 2023.
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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
Directors
According to the 2024 annual accounts
Cédric EVERS
Director
Establishments
Establishment units
Physical locations of this company
Rue du Palais 147
4800 Verviers
Rue du Palais 147 box a
4800 Verviers
Active since 1 July 2018
Industriestrasse 26
4700 Eupen
Active since 1 July 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0696.986.174
- VAT number
- BE 0696.986.174
- Registered office
- Rue du Palais 147, 4800 Verviers
- Names & denominations
- Mad Cow
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2018
- Peppol
- Active · Active since 16 Mar 2026
- Activities · NACE
Vervaardiging van overige kleding en toebehoren, neg
Groothandel in huiden, vellen en leer
Vervaardiging van andere kleding en toebehoren, n.e.g.
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
Adviesbureaus op het gebied van public relations en communicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering