Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MADRETTOR from Duffel, company number BE0871906670, closed financial year 2025 with a result of € 132,496 after tax. For that financial year MADRETTOR recorded a gross margin of € 196,313 and equity of € -421,034. Compared with financial year 2024, the result moved from € 151,228 to € 132,496. The company is profitable. 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 March 31, 2026.
€ -421,034
▲ € 132,496 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 132,496
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 14,561
▼ 2% 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 € -677,234.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 25,667
▼ 38% vs 2024
€ 16,875 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 83
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,845
▲ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 141,834 | € 135,193 | € 172,914 | € 196,313 | ▲ 14% |
| Profit after taxes | € 139,675 | € 123,640 | € 151,228 | € 132,496 | ▼ 12% |
| Equity | € -828,398 | € -704,758 | € -553,530 | € -421,034 | ▲ € 132,496 |
| Total debts | € 841,804 | € 777,741 | € 623,155 | € 435,595 | ▼ 30% |
| Cash | € 1,847 | € 2,718 | € 14,794 | € 14,561 | ▼ 2% |
| Retained profit | € -1,084,598 | € -960,958 | € -809,730 | € -677,234 | ▲ € 132,496 |
| Bank debt | € 0 | € 56,751 | € 41,640 | € 25,667 | ▼ 38% |
| Balance sheet total | € 13,406 | € 72,984 | € 69,625 | € 14,561 | ▼ 79% |
Key figures of MADRETTOR, 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 MADRETTOR?
What happened at MADRETTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Rudy Vercruysse stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 132,496 (▼ 12% vs 2024). Source: NBB ↗
- Michaël De Maeyer became a director. NBB
- Rudy Vercruysse became a director. NBB
- New establishment in Duffel. KBO
- Start of the company according to the CBE. KBO
In short
From € 139,675 profit in 2022 to € 132,496 profit in 2025.
Paid € 18,210 in corporate taxes since 2022.
Best year ever: 2024, with € 151,228 profit.
Management
Behind MADRETTOR is Michaël De Maeyer. Michaël De Maeyer is also behind LIKASI.
Directors
According to the 2025 annual accounts
since 2024
Rudy Vercruysse
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Lintsesteenweg 311A
2570 Duffel
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0871.906.670
- VAT number
- BE 0871.906.670
- Registered office
- Lintsesteenweg 311A, 2570 Duffel
- Names & denominations
- MADRETTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 February 2005
- Peppol
- Active · Active since 28 Mar 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings