Financials
Financial year 2025
MADEX from Wevelgem, company number BE0839981002, closed financial year 2025 with a result of € 179,050 after tax. For that financial year MADEX recorded a gross margin of € 273,640 and equity of € 472,777. Compared with financial year 2024, the result moved from € 158,557 to € 179,050. Profitable, and profit is growing. 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 April 30, 2026.
€ 472,777
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 179,050
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 136,480
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 198,867 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 22,245
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 112,888
▼ 17% vs 2024
€ 23,662 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 50,768
▲ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 151,551 | € 214,182 | € 249,410 | € 273,640 | ▲ 10% |
| Profit after taxes | € 96,132 | € 133,970 | € 158,557 | € 179,050 | ▲ 13% |
| Equity | € 318,783 | € 452,753 | € 492,595 | € 472,777 | ▼ 4% |
| Total debts | € 182,762 | € 210,725 | € 308,944 | € 362,524 | ▲ 17% |
| Cash | € 213,568 | € 89,315 | € 72,716 | € 136,480 | ▲ 88% |
| Land & buildings | € 53,903 | € 84,321 | € 75,566 | € 66,812 | ▼ 12% |
| Retained profit | € 312,583 | € 446,553 | € 486,395 | € 466,577 | ▼ 4% |
| Dividend | € 26,982 | € 0 | € 118,716 | € 198,867 | ▲ 68% |
| Bank debt | € 128,904 | € 158,710 | € 136,045 | € 112,888 | ▼ 17% |
| Balance sheet total | € 501,544 | € 663,478 | € 801,539 | € 835,301 | ▲ 4% |
Key figures of MADEX, 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 MADEX?
What happened at MADEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 179,050 (▲ 13% vs 2024). Source: NBB ↗
- Tine Vanneste became a director. NBB
- New establishment in Wevelgem. KBO
- Marcelino Vanleynseele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 96,132 profit in 2022 to € 179,050 profit in 2025.
Paid € 245,373 in corporate taxes since 2022.
Best year ever: 2025, with € 179,050 profit.
Paid out € 344,565 in dividends to the owners in total.
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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 MADEX are Tine Vanneste and Marcelino Vanleynseele. It owns 50% of Terryn & Partners itself.
Directors
According to the 2025 annual accounts
since 2012
since 2011
Establishments
Establishment units
Physical locations of this company
Menenstraat 104
8560 Wevelgem
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.
Details
- Company number
- 0839.981.002
- VAT number
- BE 0839.981.002
- Registered office
- Menenstraat 104, 8560 Wevelgem
- Names & denominations
- MADEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 2011
- Peppol
- Active · Active since 22 May 2024
- Activities · NACE
Activiteiten van risicoanalisten en schadetaxateurs
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis