Financials
Financial year 2025
M.A.D. Enterprise from Kortrijk, company number BE0742888851, closed financial year 2025 with a result of € 18,850 after tax. For that financial year M.A.D. Enterprise recorded a gross margin of € 34,794 and equity of € 16,628. Compared with financial year 2024, the result moved from € 12,088 to € 18,850. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2026.
€ 16,628
▲ € 18,850 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,850
▲ 56% vs 2024
Profit after tax over the fiscal year.
€ 17,431
▲ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 11,628.
People and assets in 2025
€ 35,364
▲ € 34,453 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 58,873
▲ 94% vs 2024
€ 6,220 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 6,650
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,092
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 5,555 | € 30,154 | € 19,622 | € 34,794 | ▲ 77% |
| Profit after taxes | € -46,768 | € 17,031 | € 12,088 | € 18,850 | ▲ 56% |
| Equity | € -31,340 | € -14,310 | € -2,222 | € 16,628 | ▲ € 18,850 |
| Total debts | € 82,589 | € 53,309 | € 53,762 | € 88,354 | ▲ 64% |
| Cash | € 0 | € 2,563 | € 8,975 | € 17,431 | ▲ 94% |
| Retained profit | € -36,340 | € -19,310 | € -7,222 | € 11,628 | ▲ € 18,850 |
| Bank debt | € 46,674 | € 37,038 | € 30,349 | € 58,873 | ▲ 94% |
| Balance sheet total | € 51,249 | € 38,999 | € 51,540 | € 104,982 | ▲ 104% |
Key figures of M.A.D. Enterprise, 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 M.A.D. Enterprise?
What happened at M.A.D. Enterprise in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,850 (▲ 56% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Mariana Agache became a director. NBB
- Dieter Vroman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 46,768 loss in 2022 to € 18,850 profit in 2025.
Paid € 1,744 in corporate taxes since 2022.
Best year ever: 2025, with € 18,850 profit.
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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
Behind M.A.D. Enterprise are Mariana Agache and Dieter Vroman.
Directors
According to the 2025 annual accounts
Mariana Agache
Director
since 2020
Dieter Vroman
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Louis Pasteurlaan(Kor) 3
8500 Kortrijk
Manestraat 47
8870 Izegem
Active since 4 February 2020
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0742.888.851
- VAT number
- BE 0742.888.851
- Registered office
- Louis Pasteurlaan(Kor) 3, 8500 Kortrijk
- Names & denominations
- M.A.D. Enterprise
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2020
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Overige gespecialiseerde bouwactiviteiten, neg
Restaureren van bouwwerken