Financials
Financial year 2025
M.A.D. from Pittem, company number BE0830006531, closed financial year 2025 with a result of € 119,225 after tax. For that financial year M.A.D. recorded a gross margin of € 234,232 and equity of € 155,402. Compared with financial year 2024, the result moved from € -7,919 to € 119,225. 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 April 30, 2026.
€ 155,402
▲ € 119,225 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,225
▲ still € 7,919 loss in 2024
Profit after tax over the fiscal year.
€ 304,536
▲ 148% 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 € 136,802.
People and assets in 2025
€ 741
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 423,652
▲ 69% vs 2024
€ 41,248 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 250,308
▲ 137% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 45,284
▲ 247% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,156 | € 85,917 | € 67,846 | € 234,232 | ▲ 245% |
| Profit after taxes | € 31,822 | € 43,036 | € -7,919 | € 119,225 | ▲ € 127,144 |
| Equity | € 1,060 | € 44,097 | € 36,178 | € 155,402 | ▲ € 119,225 |
| Total debts | € 469,134 | € 445,278 | € 585,393 | € 986,980 | ▲ 69% |
| Cash | € 13,480 | € 90,006 | € 122,563 | € 304,536 | ▲ 148% |
| Land & buildings | € 291,617 | € 275,148 | € 246,326 | € 493,825 | ▲ 100% |
| Retained profit | € -17,540 | € 25,497 | € 17,578 | € 136,802 | ▲ € 119,225 |
| Bank debt | € 313,594 | € 290,806 | € 250,151 | € 423,652 | ▲ 69% |
| Balance sheet total | € 470,194 | € 489,375 | € 621,570 | € 1,142,382 | ▲ 84% |
Key figures of M.A.D., fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to M.A.D.?
What happened at M.A.D. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 119,225. Source: NBB ↗
- Mathieu Damiens became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Pittem. KBO
- Aaike De Jonghe became a director. NBB
In short
From € 31,822 profit in 2021 to € 119,225 profit in 2025.
Paid € 69,318 in corporate taxes since 2021.
Best year ever: 2025, with € 119,225 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. are Mathieu Damiens and Aaike De Jonghe. Mathieu Damiens is also behind MAD MEDIA.
Directors
According to the 2025 annual accounts
since 2015
Aaike De Jonghe
Director
since 2010
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 196
8740 Pittem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0830.006.531
- VAT number
- BE 0830.006.531
- Registered office
- Brugsesteenweg 196, 8740 Pittem
- Names & denominations
- M.A.D.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 October 2010
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- themad.group [email protected]
- Activities · NACE
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