Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MADOSA from Grimbergen, company number BE0849140968, closed financial year 2025 with a result of € -86,162 after tax. For that financial year MADOSA recorded a gross margin of € 163,216 and equity of € 291,143. Compared with financial year 2024, the result moved from € -947 to € -86,162. The company made a loss. 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 July 24, 2026.
€ 291,143
▼ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -86,162
▼ 9001 % more loss than in 2024
Profit after tax over the fiscal year.
€ 312,213
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 41,143.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 147,869
▲ 116% vs 2024
€ 147,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 29,021
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 95,612
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,405
▲ 66% 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 | € 208,654 | € 209,877 | € 109,495 | € 163,216 | ▲ 49% |
| Profit after taxes | € 67,315 | € 48,510 | € -947 | € -86,162 | ▼ € 85,216 |
| Equity | € 529,742 | € 578,252 | € 577,305 | € 291,143 | ▼ 50% |
| Total debts | € 363,907 | € 157,339 | € 100,388 | € 329,017 | ▲ 228% |
| Cash | € 340,430 | € 443,975 | € 364,874 | € 312,213 | ▼ 14% |
| Retained profit | € 279,742 | € 328,252 | € 327,305 | € 41,143 | ▼ 87% |
| Dividend | € 0 | € 0 | € 0 | € 200,000 | |
| Balance sheet total | € 893,649 | € 735,590 | € 677,693 | € 620,160 | ▼ 8% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of MADOSA, 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 MADOSA?
What happened at MADOSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 86,162. Source: NBB ↗
- New establishment in Grimbergen. KBO
- Start of the company according to the CBE. KBO
- Marion Maes became a director. NBB
- IMOMAR became a director. NBB
- GRIMAN BV became a director. NBB
- Robert De Coninck became a director. NBB
In short
From € 67,315 profit in 2022 to € 86,162 loss in 2025.
Paid € 53,547 in corporate taxes since 2022.
Best year ever: 2022, with € 67,315 profit.
On average € 163,200 of value added per employee in 2025.
A new publication or filing at MADOSA? 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
Management
The stake of Griman comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MADOSABehind MADOSA are Marion Maes, IMOMAR, GRIMAN BV and Robert De Coninck. The shares are held by IMOMAR, Bernard Dosin and Griman.
Directors
According to the 2025 annual accounts
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Spaanse Lindebaan 87
1850 Grimbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Microsoft 365
Hosting
AS-ZXCS, NL
Domain
Domain
madosa.eu
Registrar
Vimexx
Website info
Features
Security
Network
Details
- Company number
- 0849.140.968
- VAT number
- BE 0849.140.968
- Registered office
- Spaanse Lindebaan 87, 1850 Grimbergen
- Names & denominations
- MADOSA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2012
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- madosa.eu
- Activities · NACE
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