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Madara

Active Private limited companyfounded 1997active for 29 yearsAntoon van Dyckstraat 21, 2018 AntwerpKBO/BCE: BE 0460.085.549

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €137,110 (2019)
€55,819▲ 4.1%
peak €34,064 (2024)
€32,201▼ 5.5%
peak €258,851 (2019)
€190,846▼ 6.7%
€16,667▲ 99.5%
Board1 name since 1997
1 director
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Dividend €45,802Debts from €8,356 to €16,667Cash from €20,154 to €12,850

Key points

from the 2025 annual accounts

Equity

€190,846 ▼ 6.7%
204,4462024+32,201Profit-45,802Dividend190,8462025

Madara paid out €45,802 in dividends. That is 142% of the 2025 profit.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 32 to 54 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as Madara has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 31,356 companies, not a prediction for Madara. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 24-02-1997
Board & ownership

Recent changes

Legal-form change · Resignations & appointments Legal-form conversion: from private limited company (pre-2019) to private limited company · Board composition: (director) · General meeting of 11-09-2024 · Gazette deed
First establishment Antoon van Dyckstraat 21 C, Antwerp
Incorporation published on 07-03-1997 · Gazette deed
All 39 events

Official details

Source: KBO
Status
Active since 24-02-1997Normal situation
Activity
“Tussenpersoon in de handel.” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
Establishment unit
2.082.009.5822018 Antwerp, since 29-05-1997
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€207,513▼ 2.5%
Filing
Filed on 29-06-2026, 32 days before the end of the filing period
Financials

Insights on Madara

Madara files the micro format. That format states no turnover. The gross margin rose from €36,203 in 2006 to €55,819 in 2025.

The balance sheet grew most in 2007 through fixed assets, financed with long-term debt.

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 Madara

What is the company number of Madara?
The company number of Madara is 0460.085.549. The VAT number is the same number with BE in front: BE 0460.085.549.
Where is Madara based?
The registered office is at Antoon van Dyckstraat 21, 2018 Antwerp.Company details
What is the legal form of Madara?
Madara is a private limited company (BV).
When was Madara founded?
Madara was founded on 24-02-1997.
Is Madara still active?
Yes, Madara is an active enterprise in the KBO register.
What is the turnover of Madara?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €55,819 and 2,666 comparable companies of the same size. It probably lies between €110,000 and €290,000. It is a rough estimate.Financials
Is Madara profitable?
In financial year 2025, Madara made a profit of €32,201.
Where can I find the annual accounts of Madara?
Madara filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Madara due?
Madara must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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