Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MADLEN from Tervuren, company number BE0869780687, closed financial year 2025 with a result of € -14,631 after tax. For that financial year MADLEN recorded a gross margin of € 10,708 and equity of € -17,006. Compared with financial year 2024, the result moved from € -6,434 to € -14,631. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 18, 2026.
€ -17,006
▼ € 14,631 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,631
▼ 127 % more loss than in 2024
Profit after tax over the fiscal year.
€ 117
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,606.
People and assets in 2025
€ 22,689
▲ 7% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,999
▲ € 5,941 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,793
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,365 | € 25,499 | € 14,948 | € 10,708 | ▼ 28% |
| Profit after taxes | € 1,269 | € 6,016 | € -6,434 | € -14,631 | ▼ € 8,197 |
| Equity | € -1,958 | € 4,058 | € -2,376 | € -17,006 | ▼ € 14,631 |
| Total debts | € 3,851 | € 6,137 | € 4,415 | € 25,270 | ▲ € 20,854 |
| Cash | € 1,843 | € 5,893 | € 332 | € 117 | ▼ 65% |
| Retained profit | € -20,558 | € -14,542 | € -20,976 | € -35,606 | ▼ € 14,631 |
| Balance sheet total | € 1,893 | € 10,195 | € 2,040 | € 8,263 | ▲ € 6,224 |
By gross margin, MADLEN ranks 269th of 536 companies with main activity “Kappers- en barbiersactiviteiten” in Flemish Brabant that publish figures (fiscal year 2025).
Key figures of MADLEN, 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.
Ask about MADLEN the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
Connect ChatGPT or Claude for free- ChatGPT
- Claude
Free account, no payment card. Key figures unlimited, the annual accounts and deeds of 10 companies a month. Need more? Get in touch, we are looking for our first pilot users.
What happened to MADLEN?
What happened at MADLEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,631. filed late Source: NBB ↗
- New establishment in Tervuren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,269 profit in 2022 to € 14,631 loss in 2025.
Best year ever: 2023, with € 6,016 profit.
Establishments
Establishment units
Physical locations of this company
Brusselsesteenweg 110
3080 Tervuren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Flemish Brabant
Same main activity (Kappers- en barbiersactiviteiten), 809 active companies in Flemish Brabant, largest first.
€ 1.1 million gross margin · 2025 · Londerzeel
€ 635,058 gross margin · 2025 · Pajottegem
€ 567,252 gross margin · 2025 · Bierbeek
€ 477,842 gross margin · 2025 · Rotselaar
€ 448,314 gross margin · 2025 · Tienen
€ 428,617 gross margin · 2026 · Kraainem
Details
- Company number
- 0869.780.687
- VAT number
- BE 0869.780.687
- Registered office
- Brusselsesteenweg 110, 3080 Tervuren
- Names & denominations
- MADLEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2004
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Kappers- en barbiersactiviteiten
Kapsalons
Schoonheidsverzorging en andere schoonheidsbehandelingen
Haarverzorging
Schoonheidsverzorging