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Madara

Active Private limited companyfounded 1997active for 29 yearsAntoon van Dyckstraat 21, 2018 AntwerpKBO/BCE: BE 0460.085.549
Madara
Financial year 2025
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Annual accounts 2025

micro format, filed on 29-06-2026, 32 days before the deadline
€55,819
▲ 4.1%
€47,076
▼ 0.1%
€32,201
▼ 5.5%
€141,924
▼ 4.5%
92.0%
▼ 4.1 percentage points
10.21
▼ 8.58

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €110,000 and €290,000.

Balance sheet

balance sheet total €207,513 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 207,513212,802190,114160,233175,300155,183273,531443,275444,243442,867432,153417,229396,381377,217367,359377,510435,843443,175455,111155,425
21/28 50,17855,79254,06558,97863,89268,80673,720273,034284,248295,461306,675317,889329,103340,317351,531362,744373,958385,172411,461137,600
22/27 50,17855,79254,06558,97863,89268,80673,720273,034284,248295,461306,675317,889329,103340,317351,531362,744373,958385,172411,461137,600
22 50,17855,79254,06558,97863,89268,80673,720273,034284,248295,461306,675317,889329,103340,317351,531362,744373,958385,172411,461137,600
29/58 157,335157,010136,049101,255111,40886,377199,811170,241159,995147,406125,47799,34067,27836,90015,82814,76561,88558,00343,65017,826
40/41 8507664,0623,4384,9017,12911,50612,8463,0401,0977,92267646614,306947--3,5496,503-
40 372690624-1,4632,2912,194474------------
41 478763,4383,4383,4384,8389,31212,3723,0401,0977,92267646614,306947--3,5496,503-
50/53 129,290128,274126,000-----------------
54/58 12,85020,15456592,431101,95872,764183,237149,939149,960139,158109,91791,35857,51611,2203,8426,41453,68446,19829,5934,446
490/1 14,3457,8165,4225,3854,5496,4835,0687,4566,9947,1517,6387,3069,29611,37411,0408,3518,2018,2577,55413,380
Balance sheet: equity and liabilities
10/49 207,513212,802190,114160,233175,300155,183273,531443,275444,243442,867432,153417,229396,381377,217367,359377,510435,843443,175455,111155,425
10/15 190,846204,446170,382150,583168,339140,651258,851225,174213,050201,459181,428154,587128,325100,70973,48449,16584,24461,60851,50951,186
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,59218,592
101 ------12,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,39212,392
13 183,380196,980162,916143,118160,874133,185251,386217,708205,584193,994173,963147,121120,85992,85966,85942,85976,85954,85944,85944,859
130/1 01,8591,8591,8591,8591,859--------------
130 ------1,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,8591,859
1311 01,8591,8591,8591,8591,859--------------
133 183,380195,121161,057141,259159,015131,326249,527215,849203,725192,134172,104145,262119,00091,00065,00041,00075,00053,00043,00043,000
14 1,2661,2661,2661,2661,2661,2661,2661,2661,2661,2661,2661,2661,2661,6504251061,185548449127
17/49 16,6678,35619,7329,6506,96114,53214,680218,101231,193241,408250,724262,643268,056276,508293,875328,345351,599381,568403,603104,240
17 -------199,393210,701221,485231,768241,574250,925259,842268,345285,200312,997339,194363,88581,998
170/4 -------199,393210,701221,485231,768241,574250,925259,842268,345285,200312,997339,194363,88581,998
42/48 15,4118,35619,7329,6506,96114,47714,68017,64019,38018,87815,67317,65513,68413,47323,34038,74132,54537,94536,52818,345
42 -------12,22611,65911,11810,60210,1109,6419,19419,23430,04028,31126,68425,15116,515
43 03,0761,4351,4177087081,0101,0101,0101,0131,0141,0171,0201,0211,0161,022669670670663
430/8 03,0761,4351,4177087081,0101,0101,0101,0131,0141,0171,0201,0211,0161,022669670670663
44 01,387-438----488871-452225889----460
440/4 01,387-438----488871-452225889----460
45 --14,5226,7115,9979,1489,048-1,8191,819-2,626---4,6803,564-116116
450/3 --14,5226,7115,9979,1489,048-1,8191,819-2,626---4,6803,564-116116
47/48 15,4113,8933,7751,0842564,6214,6214,4044,4044,0574,0573,8573,0003,0003,0003,000-10,59210,592592
492/3 1,256----55-1,0671,1111,0453,2833,4143,4483,1932,1894,4046,0584,4293,1893,896
Income statement
76A 99-----104,600-------------
9900 55,81953,62952,37548,82846,65747,872137,11044,68344,87358,67470,20469,32168,22668,40865,86766,38264,91762,51941,79536,203
630 5,6145,2714,9144,9144,9144,9144,91411,21411,21411,21411,21411,21411,21411,21411,21411,21411,21426,28926,2894,914
640/8 5851,2471,1461,0069753,2193,7164,1294,0094,0513,9803,9613,9123,7633,7483,6162,9223,6402,6202,612
66A 2,544-------------------
9901 47,07647,11046,31642,90940,76839,740128,48029,34129,65043,40955,01154,14753,10053,43150,90551,55250,78132,59012,88728,677
75/76B 1,4303,242116----0-237065193-3595771715
75 1,4303,242116----0-237065193-3595771715
65/66B 1,27739219781837875,73410,54911,09911,57612,04712,51712,96513,51415,03316,72218,16119,60512,5817,767
65 1,27739219781837875,73410,54911,09911,57612,04712,51712,96513,51415,03316,72218,16119,60512,5817,767
9903 47,22949,96146,23442,82840,68539,66252,74618,79218,55031,85643,03441,69540,15439,91935,87334,86532,71513,06232320,924
67/77 15,02715,89714,84513,71112,99712,60019,0686,6686,96011,82516,19215,43312,53912,69411,55311,12110,0792,963-6,618
9904 32,20134,06431,38929,11627,68927,06133,67812,12411,59120,03126,84226,26227,61627,22524,32023,74422,63710,09932314,306
9905 32,20134,06431,38929,11627,68927,06133,67812,12411,59120,03126,84226,26227,61627,22524,32023,74422,63710,09932314,306
Appropriation of the result
9906 33,46735,33032,65530,38228,95428,32734,94313,39012,85621,29628,10727,52729,26627,65024,42524,92923,18510,54844915,127
14P 1,2661,2661,2661,2661,266---------------
791/2 45,802-11,59146,873-145,262---------58,824----
691/2 32,20134,06431,38929,11627,68927,06133,67812,12411,59120,03126,84226,26228,00026,00024,00024,82422,00010,000-15,000
6921 32,20134,06431,38929,11627,68927,06133,67812,12411,59120,03126,84226,26228,00026,00024,00024,82422,00010,000-15,000
694/7 45,802-11,59146,873-145,262---------58,824----
694 45,802-11,59146,873-145,262---------58,824----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00259537 PDF
31-12-2024 micro format 13-06-2025 2025-00151059 PDF
31-12-2023 micro format 07-06-2024 2024-00122142 PDF
31-12-2022 micro format 08-06-2023 2023-00118109 PDF
31-12-2021 micro format 10-06-2022 2022-20059520 PDF
31-12-2020 micro format 10-06-2021 2021-19400185 PDF
31-12-2019 micro format 13-06-2020 2020-17100170 PDF
31-12-2018 micro format 22-05-2019 2019-14000529 PDF
31-12-2017 micro format 06-06-2018 2018-17700332 PDF
31-12-2016 micro format 07-06-2017 2017-15100544 PDF
31-12-2015 abbreviated format 18-05-2016 2016-12300262 PDF
31-12-2014 abbreviated format 20-05-2015 2015-12200214 PDF
31-12-2013 abbreviated format 22-05-2014 2014-13000152 PDF
31-12-2012 abbreviated format 27-05-2013 2013-13000044 PDF
31-12-2011 abbreviated format 27-06-2012 2012-21200104 PDF
31-12-2010 abbreviated format 07-07-2011 2011-26300004 PDF
31-12-2009 abbreviated format 21-05-2010 2010-12300346 PDF
31-12-2008 abbreviated format 09-06-2009 2009-20000010 PDF
31-12-2007 abbreviated format 12-06-2008 2008-21200309 PDF
31-12-2006 abbreviated format 06-06-2007 2007-18500384 PDF
31-12-2005 abbreviated format 01-06-2006 2006-18403987 PDF
31-12-2004 abbreviated format 08-06-2005 2005-22602786 PDF
31-12-2003 abbreviated format 08-06-2004 2004-21604447 PDF
31-12-2002 abbreviated format 14-07-2003 2003-44305038 PDF
31-12-2001 abbreviated format 07-06-2002 2002-18601668 PDF
31-12-2000 abbreviated format 26-06-2001 2001-27101242 PDF
31-12-1999 abbreviated format 07-06-2000 2000-19105289 PDF
31-12-1998 abbreviated format 08-06-1999 1999-15501923 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
52,68952,38251,22947,82345,68244,654133,39440,55540,86354,62366,22465,36064,31464,64562,11962,76661,99558,87939,17633,591
37,81539,33536,30334,03032,60231,97538,59123,33822,80431,24538,05637,47638,82938,43935,53334,95833,85036,38826,61219,220
06,9990000-194,40000000000000296,800-
-7,30419,589-91,866-9,52729,194-110,47333,298-2210,80229,24118,55933,84246,2967,379-2,572-47,2707,48616,60525,147-
141,924148,654116,31791,605104,44771,899185,131152,601140,615128,528109,80481,68553,59523,427-7,511-23,97629,34020,0587,122-520
92.0%96.1%89.6%94.0%96.0%90.6%94.6%50.8%48.0%45.5%42.0%37.1%32.4%26.7%20.0%13.0%19.3%13.9%11.3%32.9%
10.2118.796.8910.4916.005.9713.619.658.267.818.015.634.922.740.680.381.901.531.190.97
0.090.040.120.060.040.100.060.971.091.201.381.702.092.754.006.684.176.197.842.04
16.9%16.7%18.4%19.3%16.4%19.2%13.0%5.4%5.4%9.9%14.8%17.0%21.5%27.0%33.1%48.3%26.9%16.4%0.6%27.9%
15.5%16.0%16.5%18.2%15.8%17.4%12.3%2.7%2.6%4.5%6.2%6.3%7.0%7.2%6.6%6.3%5.2%2.3%0.1%9.2%
41.25over 100over 100over 100over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item20252024202320222021
Mortgages, amount registered----€207,611
Carrying value of the mortgaged assets----€63,892

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€6,999---
Financial fixed assets€0----
€5,614€5,271€4,914€4,914€4,914

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Madara

The operating result for 2025 is 0% lower than in 2024.

Debt's share of the balance-sheet total rises from 3.9% to 8.0%. Equity is lower and debt is higher.

Next steps

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