Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Madimmo & Co from Kortrijk, company number BE0698777904, closed financial year 2025 with a result of € 27,214 after tax. For that financial year Madimmo & Co recorded a gross margin of € 270,412 and equity of € 424,595. Compared with financial year 2024, the result moved from € 14,513 to € 27,214. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 424,595
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 27,214
▲ 88% vs 2024
Profit after tax over the fiscal year.
€ 25,459
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 15,767
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 88,240
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 10% vs 2024
€ 203,603 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 187
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,702
▲ 275% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 749,551 | € 147,015 | € 263,189 | € 270,412 | ▲ 3% |
| Profit after taxes | € 316,103 | € -57,717 | € 14,513 | € 27,214 | ▲ 88% |
| Equity | € 470,585 | € 412,868 | € 427,381 | € 424,595 | ▼ 1% |
| Total debts | € 2,221,969 | € 2,460,267 | € 2,194,528 | € 1,988,841 | ▼ 9% |
| Cash | € 101,045 | € 292,051 | € 45,418 | € 25,459 | ▼ 44% |
| Land & buildings | € 2,573,281 | € 2,565,094 | € 2,409,784 | € 2,267,105 | ▼ 6% |
| Retained profit | € 450,585 | € 392,868 | € 407,381 | € 404,595 | ▼ 1% |
| Dividend | € 20,000 | € 0 | € 0 | € 30,000 | |
| Bank debt | € 1,930,579 | € 2,110,477 | € 2,028,202 | € 1,828,567 | ▼ 10% |
| Balance sheet total | € 2,692,554 | € 2,873,135 | € 2,621,909 | € 2,413,436 | ▼ 8% |
Key figures of Madimmo & Co, 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 Madimmo & Co?
What happened at Madimmo & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 27,214 (▲ 88% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Jonathan Beke became a director. NBB
- Ambre Parsy became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 316,103 profit in 2022 to € 27,214 profit in 2025.
Paid € 96,845 in corporate taxes since 2022.
Best year ever: 2022, with € 316,103 profit.
Paid out € 50,000 in dividends to the owners in total.
Management
Behind Madimmo & Co are Jonathan Beke and Ambre Parsy. Jonathan Beke is also behind TOM & ILONA.
Directors
According to the 2025 annual accounts
since 2018
Ambre Parsy
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Grote Markt(Kor) 8.10
8500 Kortrijk
Grote Markt(Kor) 8 box 41
8500 Kortrijk
Active since 25 June 2018
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0698.777.904
- VAT number
- BE 0698.777.904
- Registered office
- Grote Markt(Kor) 8.10, 8500 Kortrijk
- Names & denominations
- Madimmo & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 June 2018
- Peppol
- Active · Active since 2 Jan 2025
- Activities · NACE
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