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 2023 and 2024.
Financials
Financial year 2024
MADOFRAL from Hamoir, company number BE0809610993, closed financial year 2024 with a result of € -265 after tax. For that financial year MADOFRAL recorded a gross margin of € -98 and equity of € -24,204. Compared with financial year 2023, the result moved from € -648 to € -265. 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 October 31, 2025.
€ -24,204
▼ € 265 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -265
▲ 59 % less loss than in 2023
Profit after tax over the fiscal year.
€ 2
▼ 91% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -30,404.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 50
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -408 | € -85 | € -96 | € -98 | ▼ € 2 |
| Profit after taxes | € -1,008 | € -1,009 | € -648 | € -265 | ▲ € 383 |
| Equity | € -22,282 | € -23,290 | € -23,939 | € -24,204 | ▼ € 265 |
| Total debts | € 34,928 | € 33,997 | € 34,577 | € 34,842 | ▲ 1% |
| Cash | € 89 | € 104 | € 20 | € 2 | ▼ 91% |
| Retained profit | € -28,482 | € -29,490 | € -30,139 | € -30,404 | ▼ € 265 |
| Balance sheet total | € 12,647 | € 10,707 | € 10,639 | € 10,639 |
Key figures of MADOFRAL, fiscal years 2021 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 MADOFRAL?
What happened at MADOFRAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 265. filed late Source: NBB ↗
- MARGEST SPRL became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Hamoir. KBO
In short
From € 1,008 loss in 2021 to € 265 loss in 2024.
Paid € 7 in corporate taxes since 2021.
Management
The stake of MARGEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MADOFRALBehind MADOFRAL is MARGEST SPRL. The shares are held by MARGEST (93%).
Directors
According to the 2024 annual accounts
Manager · represented by Thierry WERY
Also active at: BFOX COMPANY, MAGNETICO POLISSAGE DE PRECISION
since 2021
Shareholders
93%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Pont 25C
4180 Hamoir
Rue du Pont 25 C
4180 Hamoir
Active since 3 February 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0809.610.993
- VAT number
- BE 0809.610.993
- Registered office
- Rue du Pont 25C, 4180 Hamoir
- Names & denominations
- MADOFRAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 February 2009
- Peppol
- Active · Active since 6 Nov 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van holdings
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Holdings