Financials
Financial year 2025
Madek from Brugge, company number BE1011719995, closed financial year 2025 with a result of € 6,162 after tax. For that financial year Madek recorded a gross margin of € 95,152 and equity of € 18,054. Compared with financial year 2024, the result moved from € 6,892 to € 6,162. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2026.
€ 18,054
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,162
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 1,144
▼ 64% 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 € 13,054.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,966
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 111,591
▲ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 133,488
▲ 38% vs 2024
€ 27,668 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 56,371
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,797
▲ 197% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 26,350 | € 95,152 | ▲ 261% |
| Profit after taxes | € 6,892 | € 6,162 | ▼ 11% |
| Equity | € 11,892 | € 18,054 | ▲ 52% |
| Total debts | € 321,943 | € 327,100 | ▲ 2% |
| Cash | € 3,188 | € 1,144 | ▼ 64% |
| Retained profit | € 6,892 | € 13,054 | ▲ 89% |
| Bank debt | € 96,537 | € 133,488 | ▲ 38% |
| Balance sheet total | € 333,835 | € 345,154 | ▲ 3% |
Key figures of Madek, fiscal years 2024 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 Madek?
What happened at Madek in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,162 (▼ 11% vs 2024). filed late Source: NBB ↗
- New establishment in Brugge. KBO
- Mathieu De Ketelaere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6,892 profit in 2024 to € 6,162 profit in 2025.
Paid € 4,158 in corporate taxes since 2024.
Best year ever: 2024, with € 6,892 profit.
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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
Directors
According to the 2025 annual accounts
Mathieu De Ketelaere
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Baron Ruzettelaan 109
8310 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1011.719.995
- VAT number
- BE 1011.719.995
- Registered office
- Baron Ruzettelaan 109, 8310 Brugge
- Names & denominations
- Madek
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2024
- Peppol
- Active · Active since 29 Jan 2025
- Activities · NACE
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit