Financials
Financial year 2025
MADZ from Wevelgem, company number BE0843328589, closed financial year 2025 with a result of € 106,232 after tax. For that financial year MADZ recorded a gross margin of € 242,955 and equity of € 112,537. Compared with financial year 2024, the result moved from € 19,412 to € 106,232. 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 3, 2026.
€ 112,537
▲ € 106,232 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 106,232
▲ € 86,821 vs 2024
Profit after tax over the fiscal year.
€ 18,446
▲ € 17,012 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 € 102,537.
Debts at end 2025
€ 915,698
▼ 5% vs 2024
€ 77,156 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 61,569
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 50,035
▲ € 42,770 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,312 | € 64,015 | € 160,165 | € 242,955 | ▲ 52% |
| Profit after taxes | € 12,318 | € 25,107 | € 19,412 | € 106,232 | ▲ € 86,821 |
| Equity | € -38,214 | € -13,107 | € 6,304 | € 112,537 | ▲ € 106,232 |
| Total debts | € 467,713 | € 448,138 | € 1,047,177 | € 1,029,651 | ▼ 2% |
| Cash | € 4 | € 110 | € 1,434 | € 18,446 | ▲ € 17,012 |
| Land & buildings | € 429,495 | € 408,715 | € 963,654 | € 971,121 | ▲ 1% |
| Retained profit | € -48,214 | € -23,107 | € -3,696 | € 102,537 | ▲ € 106,232 |
| Bank debt | € 445,088 | € 411,562 | € 960,367 | € 915,698 | ▼ 5% |
| Balance sheet total | € 429,499 | € 435,031 | € 1,053,482 | € 1,142,187 | ▲ 8% |
Key figures of MADZ, fiscal years 2022 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 MADZ?
What happened at MADZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 106,232 (▲ € 86,821 vs 2024). Source: NBB ↗
- Delphine Patyn became a director. NBB
- Christophe Martin became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,318 profit in 2022 to € 106,232 profit in 2025.
Paid € 40,266 in corporate taxes since 2022.
Best year ever: 2025, with € 106,232 profit.
Management
Behind MADZ are Christophe Martin and Delphine Patyn. The same people are also behind MC Interieur. Christophe Martin is also behind BOWEMO, Moor-Invest and DMP PROJECTS.
Directors
According to the 2025 annual accounts
since 2013
since 2024
Establishments
Establishment units
Physical locations of this company
Warandestraat 238 box C
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.328.589
- VAT number
- BE 0843.328.589
- Registered office
- Warandestraat 238 bus C, 8560 Wevelgem
- Names & denominations
- MADZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2012
- Peppol
- Active · Active since 3 Jul 2024
- Activities · NACE
Schrijnwerk
Zagen en schaven van hout
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van fineer en van panelen op basis van hout
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Plaatsen van vloerbedekking en wandbekleding van hout