Losses
-€83,470 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
MADESSA
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €682,055 (2022)
€12,456▲ 7.1%
lowest -€65,000 (2021)
-€21,269▼ €1,799
peak €928,984 (2022)
€614,974▼ 3.3%
€33,758▲ 2.6%
Board4 names since 2018
1 director
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Loss of €21,269
Key points
from the 2025 annual accountsFilings
36 annual accounts since 1990
Five of the last ten came late. The 2017 accounts came latest: 29 days after the end of the period.
Restructuring
2024
Merger with THIELENS. Merger on 22-02-2024.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,609 companies had the same profile as MADESSA has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,609 companies, not a prediction for MADESSA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Merger: MADESSA takes over THIELENS
Appointments: (statutory director) and (successor statutory director) · 3,100 shares · General meeting of 08-11-2023 · Gazette deed
Deed on restructuring
Gazette deed
Registered office moved from Mortsel to Edegem
New registered office: Oude Godstraat 180 bus 011 te 2650 Edegem · Previous registered office: EDEGEMSESTRAAT 191 TE 2640 MORTSEL · General meeting of 31-12-2021 · Gazette deed
Appointment: (successor manager)
Gazette deed
Official details
Source: KBO- Status
- Active since 22-12-1989Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.047.576.9582650 Edegem, since 19-03-1990
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- ≈ €95,000estimated
- €803,571▼ 3.6%
- Filing
- Filed on 09-06-2026, 52 days before the end of the filing period
Insights on MADESSA
MADESSA files the micro format. That format states no turnover. The gross margin fell from €32,329 in 2006 to €12,456 in 2025.
The balance sheet grew most from 2020 to 2022 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MADESSA
- What is the company number of MADESSA?
- The company number of MADESSA is 0439.589.548. The VAT number is the same number with BE in front: BE 0439.589.548.
- Where is MADESSA based?
- The registered office is at Oude-Godstraat 180, 2650 Edegem.Company details
- What is the legal form of MADESSA?
- MADESSA is a private limited company (BV).
- When was MADESSA founded?
- MADESSA was founded on 22-12-1989.
- Is MADESSA still active?
- Yes, MADESSA is an active enterprise in the KBO register.
- What is the turnover of MADESSA?
- The turnover in financial year 2025 is ≈ €95,000. This figure is estimated from the gross margin of €12,456 and 6,298 comparable companies of the same size. It probably lies between €43,000 and €230,000. It is a rough estimate.Financials
- Is MADESSA profitable?
- In financial year 2025, MADESSA made a loss of €21,269.
- Where can I find the annual accounts of MADESSA?
- MADESSA filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MADESSA due?
- MADESSA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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