MADAREX
ActiveSummary
The computed 12-month bankruptcy probability of MADAREX is 2.2% (moderate). The 2025 annual accounts show equity of €16,248 and a net result of -€2,226. Equity has been shrinking by about 14% per year since 2023. Its solvency ranks better than 95% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 10-01-2022 Normal situation
- Activity
- Other non-specialised retail sale NACE 47120and 1 other
- Establishment unit
- 2.326.192.038 2970 Schilde, since 17-01-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 24-11-2025
Board and ownership
- Celik EmineDirector · since 07-01-2022
- ENCY HOLDING100%30-06-2025 annual accounts of ENCY HOLDING
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.2%
- Gross margin
- -€2,035
- ▲ 9.4%
- Loss
- €2,226
- ▼ 21.6%
- Equity
- €16,248
- ▼ 12.0%
- Total assets
- €16,248
- ▼ 12.9%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2022Size: total assets €16,248lowers riskEquity €16,248 (100.0% of total assets)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 21% on liquidity, 14% on profitability and 25% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 50 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as MADAREX: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €13,800 and €20,400, founded between 2021 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| MADAREX Schilde | €16,248 | -€2,035 |
| Sounds About Right Antwerpen | €17,531 | -€3,825 |
| NHKL Geel | €18,406 | -€3,063 |
| Luxury Quarry Zottegem | €13,792 | €746 |
| TippieToe Houthalen-Helchteren | €14,535 | -€1,662 |
| BELGIUM BOX Wemmel | €19,369 | -€150 |
| Sfeer & Meer Hechtel-Eksel | €20,438 | -€4,919 |
Key facts about MADAREX
- What is the company number of MADAREX?
- The company number of MADAREX is 0779.886.235. The VAT number is the same number with BE in front: BE 0779.886.235.
- Where is MADAREX based?
- The registered office is at Baron Delbekelaan 32, 2970 Schilde.Company details
- What does MADAREX do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of MADAREX?
- The legal form of MADAREX is Private limited company (BV).
- When was MADAREX founded?
- MADAREX was founded on 10-01-2022.
- Is MADAREX still active?
- Yes, MADAREX is an active enterprise in the KBO register.
- What is the turnover of MADAREX?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is MADAREX profitable?
- In financial year 2025, MADAREX made a loss of €2,226.
- Where can I find the annual accounts of MADAREX?
- MADAREX filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MADAREX due?
- MADAREX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.