Active · per the CBE, 2 November 2026

M@DECO

BE0889794757

Rechtspersoon Private limited company 1 establishment

M@DECO is a painting contractor in Gavere. Private Limited, started on 1 June 2007, 1 establishment.

Legen Heirweg 7 box C, 9890 Gavere

Behind the company: Matthieu Uyttendaele.

Active for

19 year, 5 months

Financials

Financial year 2025

M@DECO from Gavere, company number BE0889794757, closed financial year 2025 with a result of € 3,583 after tax. For that financial year M@DECO recorded a gross margin of € 46,722 and equity of € 170,626. Compared with financial year 2024, the result moved from € 375 to € 3,583. Profitable, and profit is growing. 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 April 9, 2026.

What it is worth Healthy

€ 170,626

▼ 18% vs 2024

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

Profit Growing

€ 3,583

▲ € 3,208 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 5,686

▼ 51% vs 2024

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

Where the profit goes Pays out

€ 40,431 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 35,103

▼ 23% vs 2024

Of which on lease € 31,771.

Debts at end 2025

Bank debt ≈ 4 years to go

€ 131,274

▼ 20% vs 2024

€ 32,243 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 1,307

▼ 62% vs 2024

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

Taxes

€ 6,643

▼ 33% 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)
2022202320242025Change 2024 → 2025
Gross margin € 47,488 € 42,164 € 43,546 € 46,722 ▲ 7%
Profit after taxes € 6,802 € 846 € 375 € 3,583 ▲ € 3,208
Equity € 219,862 € 207,098 € 207,473 € 170,626 ▼ 18%
Total debts € 241,862 € 200,691 € 190,047 € 192,155 ▲ 1%
Cash € 8,931 € 2,163 € 11,632 € 5,686 ▼ 51%
Land & buildings € 248,809 € 227,406 € 206,002 € 184,599 ▼ 10%
Retained profit € 213,662 € 200,898 € 201,273 € 164,426 ▼ 18%
Dividend € 0 € 13,610 € 0 € 40,431
Bank debt € 192,097 € 164,354 € 164,209 € 131,274 ▼ 20%
Balance sheet total € 461,724 € 407,790 € 397,521 € 362,781 ▼ 9%

Key figures of M@DECO, 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 M@DECO?

What happened at M@DECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 3,583 (▲ € 3,208 vs 2024). Source: NBB ↗
  • New establishment in Gavere. KBO
  • Start of the company according to the CBE. KBO

In short

From € 6,802 profit in 2022 to € 3,583 profit in 2025.

Paid € 6,731 in corporate taxes since 2022.

Best year ever: 2022, with € 6,802 profit.

Paid out € 54,041 in dividends to the owners in total.

Management

Matthieu Uyttendaele
M@DECO

Behind M@DECO is Matthieu Uyttendaele.

Directors

According to the 2025 annual accounts

Matthieu Uyttendaele

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Legen Heirweg 7 box C

9890 Gavere

2.163.196.307

Legen Heirweg 7C

9890 Gavere

Active since 21 June 2007

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

Details

Company number
0889.794.757
VAT number
BE 0889.794.757
Registered office
Legen Heirweg 7 bus C, 9890 Gavere
Names & denominations
M@DECO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
1 June 2007
Peppol
Active · Active since 22 Sept 2025
Activities · NACE

Schilderen van gebouwen

Schilderen

Frequently asked questions

What does M@DECO do?
M@DECO is a painting contractor in Gavere. Private Limited, started on 1 June 2007, 1 establishment.
What is the address of M@DECO?
The registered office of M@DECO is located at Legen Heirweg 7 box C, 9890 Gavere.
Is M@DECO still active?
Yes. According to the CBE (2 November 2026) M@DECO is active, legal situation “Normale toestand”, started on 1 June 2007.
Is M@DECO registered on Peppol?
Yes, M@DECO is registered on the Peppol network with ID 0208:0889794757.
What is the enterprise number of M@DECO?
The enterprise number of M@DECO is BE0889794757.
When was M@DECO founded?
M@DECO was founded on 1 June 2007.