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
MADAREX from Schilde, company number BE0779886235, closed financial year 2025 with a result of € -2,226 after tax. For that financial year MADAREX recorded a gross margin of € -2,035 and equity of € 16,248. Compared with financial year 2024, the result moved from € -2,838 to € -2,226. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on December 24, 2025.
€ 16,248
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,226
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,548
▲ 237% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,752.
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.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -2,533 | € -2,247 | € -2,035 | ▲ € 212 |
| Profit after taxes | € -3,688 | € -2,838 | € -2,226 | ▲ € 613 |
| Equity | € 21,312 | € 18,474 | € 16,248 | ▼ 12% |
| Total debts | € 0 | € 179 | € 0 | ▼ 100% |
| Cash | € 3,174 | € 459 | € 1,548 | ▲ 237% |
| Retained profit | € -3,688 | € -6,526 | € -8,752 | ▼ € 2,226 |
| Balance sheet total | € 21,312 | € 18,653 | € 16,248 | ▼ 13% |
Key figures of MADAREX, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MADAREX?
What happened at MADAREX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,226. Source: NBB ↗
- New establishment in Schilde. KBO
- Start of the company according to the CBE. KBO
- Emine Celik became a director. NBB
In short
From € 3,688 loss in 2023 to € 2,226 loss in 2025.
Management
The stake of ENCY HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MADAREXBehind MADAREX is Emine Celik. The shares are held by ENCY HOLDING (100%).
Directors
According to the 2025 annual accounts
since 2022
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baron Delbekelaan 32 box 1
2970 Schilde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0779.886.235
- VAT number
- BE 0779.886.235
- Registered office
- Baron Delbekelaan 32 bus 1, 2970 Schilde
- Names & denominations
- MADAREX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2022
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
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