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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MADORU PROJECTS from Sint-Martens-Latem, company number BE0738522663, closed financial year 2025 with a result of € -7,437 after tax. For that financial year MADORU PROJECTS recorded a gross margin of € -6,499 and equity of € -252,515. Compared with financial year 2024, the result moved from € -26,511 to € -7,437. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ -252,515
▼ € 7,437 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,437
▲ 72 % less loss than in 2024
Profit after tax over the fiscal year.
€ 654
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -272,515.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 25
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,685 | € -115,863 | € -16,094 | € -6,499 | ▲ € 9,595 |
| Profit after taxes | € -22,051 | € -148,801 | € -26,511 | € -7,437 | ▲ € 19,074 |
| Equity | € -69,765 | € -218,567 | € -245,078 | € -252,515 | ▼ € 7,437 |
| Total debts | € 1,818,947 | € 355,607 | € 255,689 | € 253,272 | ▼ 1% |
| Cash | € 11,906 | € 124,983 | € 10,046 | € 654 | ▼ 93% |
| Retained profit | € -89,765 | € -238,567 | € -265,078 | € -272,515 | ▼ € 7,437 |
| Balance sheet total | € 1,749,182 | € 137,040 | € 10,611 | € 757 | ▼ 93% |
Key figures of MADORU PROJECTS, 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 MADORU PROJECTS?
What happened at MADORU PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,437. Source: NBB ↗
- Timothy Lootens stepped down as director. NBB
- New establishment in Gent. KBO
- Pauline Bossuyt became a director. NBB
- Timothy Lootens became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,051 loss in 2022 to € 7,437 loss in 2025.
Management
The stake of GROEP BOSSUYT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MADORU PROJECTSBehind MADORU PROJECTS is Pauline Bossuyt. The shares are held by GROEP BOSSUYT (50%).
Directors
According to the 2025 annual accounts
since 2019
Timothy Lootens
Director
since 2019 · until 2026
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Maenhoutstraat 77B
9830 Sint-Martens-Latem
Joremaaie 3 box 102
9000 Gent
Active since 28 November 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →KREDIBOSS
€ -33,361 gross margin · 2025
GROEP BOSSUYT same network
€ 710,941 gross margin · 2025
Seniotel Artevelde
BRIK HOUSES same network
€ -266,250 gross margin · 2025
Pervic
€ -2,404 gross margin · 2025
+5 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
- 0738.522.663
- VAT number
- BE 0738.522.663
- Registered office
- Maenhoutstraat 77B, 9830 Sint-Martens-Latem
- Names & denominations
- MADORU PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 November 2019
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden