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.
Financials
Financial year 2025
Madison Partners from Gent, company number BE0768768055, closed financial year 2025 with a result of € -603 after tax. For that financial year Madison Partners recorded a gross margin of € 1 million and equity of € 128,124. Compared with financial year 2024, the result moved from € -50,042 to € -603. 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 July 10, 2026.
€ 128,124
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -603
▲ 99 % less loss than in 2024
Profit after tax over the fiscal year.
€ 207,187
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3,124.
People and assets in 2025
9.9
▲ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 966,754
▲ 129% vs 2024
€ 97,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 35,114
▼ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 41,328
▲ € 39,122 vs 2024
Loans from banks and other lenders, long and short.
€ 494,233
▲ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 246,619
▲ 131% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 180,925 | € 272,719 | € 396,990 | € 1,018,186 | ▲ 156% |
| Profit after taxes | € 19,518 | € 6,972 | € -50,042 | € -603 | ▲ € 49,439 |
| Equity | € 171,798 | € 178,769 | € 128,727 | € 128,124 | |
| Total debts | € 706,037 | € 625,582 | € 630,027 | € 1,029,609 | ▲ 63% |
| Cash | € 581,242 | € 304,799 | € 172,043 | € 207,187 | ▲ 20% |
| Retained profit | € 46,798 | € 53,769 | € 3,727 | € 3,124 | ▼ 16% |
| Bank debt | € 3,029 | € 3,074 | € 2,207 | € 41,328 | ▲ € 39,122 |
| Balance sheet total | € 877,834 | € 804,351 | € 758,754 | € 1,157,733 | ▲ 53% |
| Employees (FTE) | 1.7 | 4 | 4.1 | 9.9 | ▲ 5.8 |
Key figures of Madison Partners, 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 Madison Partners?
What happened at Madison Partners in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 603. Source: NBB ↗
- Niek De Taeye became a director. NBB
- Wim De Waele became a director. NBB
- Tangerine Maatschap became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,518 profit in 2022 to € 603 loss in 2025.
Paid € 27,230 in corporate taxes since 2022.
Best year ever: 2022, with € 19,518 profit.
On average € 102,800 of value added per employee in 2025.
Management
Behind Madison Partners are Niek De Taeye, Wim De Waele and Tangerine Maatschap.
Directors
According to the 2025 annual accounts
Niek De Taeye
Director
since 2025
Wim De Waele
Director
since 2025
Director · represented by Luc Burgelman
since 2025
Establishments
Establishment units
Physical locations of this company
Sint-Jansvest 18 box 1
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Model Vetsmelterij De Schelde
Brew Office
Vereniging van mede-eigenaars van de Residentie Portus Sint-Jan, Sint-Jansvest 18, Gent
Miles Ahead Studio
€ -275,305 gross margin · 2025
Miles Ahead Capital
€ -938,340 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Domain
Domain
madison.partners
Registered
2020-07-14
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-07-14
Website info
Features
Security
Network
Details
- Company number
- 0768.768.055
- VAT number
- BE 0768.768.055
- Registered office
- Sint-Jansvest 18 bus 1, 9000 Gent
- Names & denominations
- Madison Partners
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 2021
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- madison.partners
- Activities · NACE
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