What is the address of MAD & C°?

The registered office of MAD & C° is located at Renbaanlaan 35, 1050 Elsene.

Is MAD & C° still active?

Yes. According to the CBE (29 October 2026) MAD & C° is active, legal situation “Normale toestand”, started on 29 March 2004.

Is MAD & C° registered on Peppol?

No, MAD & C° is currently not registered on the Peppol network.

What is the enterprise number of MAD & C°?

The enterprise number of MAD & C° is BE0864356112.

When was MAD & C° founded?

MAD & C° was founded on 29 March 2004.

Who are the directors of MAD & C°?

According to the 2025 annual accounts, the directors of MAD & C° are: ARFIN SPRL, SANDRINE DELACROIX, PIERRE NOTHOMB.

Is MAD & C° a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 29 March 2004; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did MAD & C° make in 2025?

MAD & C° recorded a loss after taxes of € 36,032 in financial year 2025.

What is the revenue of MAD & C°?

As a small company, MAD & C° is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -1,552.

MAD & C° (Public Limited) - Elsene - BE0864356112

Dossier MAD & C°, printed on 29 October 2026 from databakkes.be/en/0864356112/mad-c. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Not on Peppol Peppol

Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

MAD & C° from Elsene, company number BE0864356112, closed financial year 2025 with a result of € -36,032 after tax. For that financial year MAD & C° recorded a gross margin of € -1,552 and equity of € 3 million. Compared with financial year 2024, the result moved from € 251,733 to € -36,032. 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 August 31, 2026.

What it is worth Healthy

€ 3 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -36,032

▼ still € 251,733 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 107,092

▼ 71% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 2.3 million.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 708

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 6,460

▼ 3% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -1,827 Gross margin 2022: € -1,827 First fiscal year in the series	€ -2,862 Gross margin 2023: € -2,862 ▼ € 1,035 vs 2022 (€ -1,827) Unfavourable step	€ -429 Gross margin 2024: € -429 ▲ € 2,433 vs 2023 (€ -2,862) Favourable step	€ -1,552 Gross margin 2025: € -1,552 ▼ € 1,123 vs 2024 (€ -429) Unfavourable step	▼ € 1,123
Profit after taxes	€ -138,642 Profit after taxes 2022: € -138,642 First fiscal year in the series	€ 450,696 Profit after taxes 2023: € 450,696 ▲ € 589,338 vs 2022 (€ -138,642) Favourable step	€ 251,733 Profit after taxes 2024: € 251,733 ▼ 44% vs 2023 (€ 450,696) Unfavourable step	€ -36,032 Profit after taxes 2025: € -36,032 ▼ € 287,765 vs 2024 (€ 251,733) Unfavourable step	▼ € 287,765
Equity	€ 2,919,742 Equity 2022: € 2,919,742 First fiscal year in the series	€ 3,094,438 Equity 2023: € 3,094,438 ▲ 6% vs 2022 (€ 2,919,742) Favourable step	€ 2,986,170 Equity 2024: € 2,986,170 ▼ 3% vs 2023 (€ 3,094,438) Unfavourable step	€ 2,950,138 Equity 2025: € 2,950,138 ▼ 1% vs 2024 (€ 2,986,170) Unfavourable step	▼ 1%
Total debts	€ 2,067 Total debts 2022: € 2,067 First fiscal year in the series	€ 2,792 Total debts 2023: € 2,792 ▲ 35% vs 2022 (€ 2,067) Unfavourable step	€ 387,459 Total debts 2024: € 387,459 ▲ € 384,668 vs 2023 (€ 2,792) Unfavourable step	€ 17,102 Total debts 2025: € 17,102 ▼ 96% vs 2024 (€ 387,459) Favourable step	▼ 96%
Cash	€ 319,488 Cash 2022: € 319,488 First fiscal year in the series	€ 149,240 Cash 2023: € 149,240 ▼ 53% vs 2022 (€ 319,488) Unfavourable step	€ 365,445 Cash 2024: € 365,445 ▲ 145% vs 2023 (€ 149,240) Favourable step	€ 107,092 Cash 2025: € 107,092 ▼ 71% vs 2024 (€ 365,445) Unfavourable step	▼ 71%
Retained profit	€ 2,229,742 Retained profit 2022: € 2,229,742 First fiscal year in the series	€ 2,404,438 Retained profit 2023: € 2,404,438 ▲ 8% vs 2022 (€ 2,229,742) Favourable step	€ 2,296,170 Retained profit 2024: € 2,296,170 ▼ 5% vs 2023 (€ 2,404,438) Unfavourable step	€ 2,260,138 Retained profit 2025: € 2,260,138 ▼ 2% vs 2024 (€ 2,296,170) Unfavourable step	▼ 2%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 276,000 Dividend 2023: € 276,000 Unchanged (€ 0) Unchanged	€ 360,000 Dividend 2024: € 360,000 ▲ 30% vs 2023 (€ 276,000) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 360,000) Unchanged	▼ 100%
Bank debt	€ 613 Bank debt 2022: € 613 First fiscal year in the series	€ 0 Bank debt 2023: € 0 ▼ 100% vs 2022 (€ 613) Favourable step	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2025: € 0 Unchanged (€ 0) Unchanged
Balance sheet total	€ 2,921,809 Balance sheet total 2022: € 2,921,809 First fiscal year in the series	€ 3,097,230 Balance sheet total 2023: € 3,097,230 ▲ 6% vs 2022 (€ 2,921,809) Unchanged	€ 3,373,630 Balance sheet total 2024: € 3,373,630 ▲ 9% vs 2023 (€ 3,097,230) Unchanged	€ 2,967,240 Balance sheet total 2025: € 2,967,240 ▼ 12% vs 2024 (€ 3,373,630) Unchanged	▼ 12%

Key figures of MAD & C°, 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 MAD & C°?

What happened at MAD & C° in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 31, 2026 New annual accounts for financial year 2025: loss of € 36,032 (▼ € 287,765 vs 2024). filed late Source: NBB ↗
Mar 29, 2004 Start of the company according to the CBE. KBO

In short

From € 138,642 loss in 2022 to € 36,032 loss in 2025.

Paid € 18,779 in corporate taxes since 2022.

Best year ever: 2023, with € 450,696 profit.

Paid out € 636,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ARFIN 99.6%

Pierre Nothomb 99.6%

The stake of ARFIN, Pierre Nothomb comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

MAD & C°

Deminor SA 39.2%

DRS INTERNATIONAL (LU B175.299) 30%

ABYSSIN PRODUCTIONS 10%

Behind MAD & C° are ARFIN SPRL, SANDRINE DELACROIX and PIERRE NOTHOMB. The shares are held by ARFIN (99.6%) and Pierre Nothomb (99.6%). It owns 39.2% of Deminor SA, 30% of DRS INTERNATIONAL (LU B175.299) and 10% of ABYSSIN PRODUCTIONS itself.

Directors

According to the 2025 annual accounts

ARFIN SPRL

Director · represented by PIERRE NOTHOMB

SANDRINE DELACROIX

Director

Also active at: SERVITIME, ARFIN

PIERRE NOTHOMB

Managing director

Also active at: ARFIN, DRS BELGIUM, DEMINOR, Pierre Nothomb, FONDATION ULB

Shareholders

ARFIN

99.6%

Pierre Nothomb

99.6%

Participations

Deminor SA

39.2%

DRS INTERNATIONAL (LU B175.299)

30%

ABYSSIN PRODUCTIONS

10%

Establishments

Establishment units

Physical locations of this company

Registered office

Renbaanlaan 35

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

SERVITIME same network

€ 353,426 gross margin · 2025

ARFIN same network

€ 287,763 gross margin · 2025

SKMA

€ 26,323 gross margin · 2024

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0864.356.112
VAT number: BE 0864.356.112
Registered office: Renbaanlaan 35, 1050 Elsene
Names & denominations: MAD & C°
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 29 March 2004
Peppol: Not registered

View on CBE Public ↗ Annual accounts (NBB) ↗