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 57 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Mad Project from Namur, company number BE0781630354, closed financial year 2024 with a result of € 4,690 after tax. For that financial year Mad Project recorded a gross margin of € 12,891 and equity of € 1,245. Compared with financial year 2023, the result moved from € 2,165 to € 4,690. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 9, 2025.
€ 1,245
▲ € 4,690 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,690
▲ 117% vs 2023
Profit after tax over the fiscal year.
€ 16,309
▲ 32% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1,244.
People and assets in 2024
€ 17,962
▼ 30% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 11,912
▼ 32% vs 2023
€ 5,451 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,091
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 292
▲ € 243 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Gross margin | € 14,146 | € 12,891 | ▼ 9% |
| Profit after taxes | € 2,165 | € 4,690 | ▲ 117% |
| Equity | € -3,445 | € 1,245 | ▲ € 4,690 |
| Total debts | € 41,272 | € 35,026 | ▼ 15% |
| Cash | € 12,330 | € 16,309 | ▲ 32% |
| Retained profit | € -3,446 | € 1,244 | ▲ € 4,690 |
| Bank debt | € 17,401 | € 11,912 | ▼ 32% |
| Balance sheet total | € 37,828 | € 36,272 | ▼ 4% |
Key figures of Mad Project, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Mad Project?
What happened at Mad Project in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 4,690 (▲ 117% vs 2023). filed late Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,165 profit in 2023 to € 4,690 profit in 2024.
Best year ever: 2024, with € 4,690 profit.
A new publication or filing at Mad Project? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Chaussée de Nivelles(SL) 6
5020 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0781.630.354
- VAT number
- BE 0781.630.354
- Registered office
- Chaussée de Nivelles(SL) 6, 5020 Namur
- Names & denominations
- Mad Project
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2022
- Peppol
- Active · Active since 24 Mar 2026
- Contact
- [email protected] +32495506189
- Activities · NACE
Schoonheidsverzorging en andere schoonheidsbehandelingen
Schoonheidsverzorging