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MADARO

Absorbed by Caroline.H KBO/BCE: BE 0445.249.596
MADARO
Financial year 2023
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Annual accounts 2023

full format, filed on 07-06-2024, 54 days before the deadline
€47,758
▼ 29.4%
€4,193
▼ 88.4%
€3,198
▼ 86.5%
-€21,639
▼ €11,092
69.4%
▲ 1.6 percentage points
0.38
▼ 0.33

The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €91,000 and €350,000.

Balance sheet

balance sheet total €327,115 on 31-12-2023
What the company ownsHow it is paid for

in euro

in euro

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 327,115330,351420,185338,916366,12195,75649,10652,00658,25666,73695,255131,226203,433280,220554,368617,745491,165475,922
21/28 313,867304,281344,163325,374277,87210,5522,9726,96614,12229,82041,20664,06494,882118,707200,181157,890205,886157,635
21 -----84230570968772401516------
22/27 43,50434,28143,6123747,87210,4692,7426,39513,15529,04840,80563,54894,76282,682109,00266,711114,70766,456
23 16,53622,66928,802---------------
24 26,96711,61214,8093747,87210,4692,7426,39513,15529,04840,80563,35492,23777,827101,81557,193114,01765,594
26 ---------------9,517690862
28 270,363270,000300,551325,000270,000-------12036,02591,17991,17991,17991,179
29/58 13,24926,07076,02213,54288,25085,20446,13445,04044,13436,91654,04967,162108,551161,513354,187459,855285,279318,287
29 ----60,000--------105,668278,547279,303166,168179,257
291 ----60,000--------105,668278,547279,303166,168179,257
3 --------------8,70830,006--
30/36 --------------8,70830,006--
40/41 -6,66026,1892,62127,29983,73043,31843,61640,60336,62652,39065,736108,21555,55565,08448,220115,898134,614
40 -2,42820,699-15,36213,13922,97019,00818,37514,44823,38112,080108,21551,55547,44816,88751,11464,820
41 -4,2315,4902,62111,93770,59120,34824,60822,22822,17829,00953,656-4,00017,63631,33364,78469,794
50/53 -53953953953922946862,1251241241802942901,439101,310208232
54/58 8,21517,6587,6719,431-1,2451,8661,3391,4061651,5351,24641-4091,0162,5002,444
490/1 5,0331,21341,623951413-904-----0---5061,741
Balance sheet: equity and liabilities
10/49 327,115330,351420,185338,916366,12195,75649,10652,00658,25666,73695,255131,226203,433280,220554,368617,745491,165475,922
10/15 227,132223,934200,16182,40344,67224,36226,23328,24419,50415,2404,134-5511,12657,625298,480306,159239,880240,786
10/11 209,649206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000
100 ----206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000206,000
13 11,20014,84914,84914,84914,84914,84914,84914,84914,84914,84914,84914,84914,84981,40687,60592,03914,84914,849
130/1 -3,6493,6493,649--------------
130 ----3,6493,6493,6493,6493,6493,6493,6493,6493,6493,6493,6493,6493,6493,649
1311 -3,6493,6493,649--------------
132 11,20011,20011,20011,20011,20011,20011,20011,20011,20011,20011,20011,20011,20077,75783,95688,39011,20011,200
14 6,2833,085-20,688-138,446-176,177-196,487-194,616-192,605-201,345-205,609-216,715-221,400-219,723-229,7814,8768,12119,03119,937
16 -------------34,27237,46339,747--
168 -------------34,27237,46339,747--
17/49 99,983106,417220,024256,513321,45071,39422,87323,76238,75351,49691,121131,777202,307188,323218,424271,839251,284235,135
17 65,09669,800153,909193,86370,000--4,79612,74730,10727,67018,66826,21765,19265,14375,40785,69568,654
170/4 15,631083,909123,863---4,79612,74730,10727,67018,66826,21765,19265,14375,40785,69568,654
178/9 49,46569,80070,00070,00070,000-------------
42/48 34,88736,61766,11562,651251,45071,39422,87318,96526,00621,38963,348111,440174,268121,338151,636194,919162,105166,262
42 5,050039,95439,471--4,7967,95111,12017,02310,2917,54923,93630,50029,82829,53630,95958,321
43 ----222,81723,348---129-36,10050,31150,43647,57734,16749,92049,777
430/8 ----222,81723,348---129-36,10050,31150,43647,57734,16749,92049,777
44 17,54017,16211,2497,3763,32029,02611,4717,83010,1882,52334,93139,17368,72814,36937,005105,47759,29228,464
440/4 17,54017,16211,2497,3763,32029,02611,4717,83010,1882,52334,93139,17368,72814,36937,005105,47759,29228,464
45 12,29817,4695,1376,0299,6179,0304,5563,1853,6791,7145,8177,53329,07818,26515,86113,85616,37420,267
450/3 9,84114,4514,0926,0299,6179,0304,5563,1853,6791,7145,8177,22923,72012,7675,0386,4949,06012,609
454/9 2,4563,0171,045--------3045,3585,49810,8237,3627,3147,658
47/48 -1,9869,7759,77515,6959,9902,050-1,018-12,30921,0852,2167,76821,36611,8845,5609,433
492/3 ----------1031,6701,8231,7931,6451,5133,485220
Income statement
76A -19375,470-----1,800-10,4669,852275-1,507320,89897-
9900 47,75867,656143,93046,18260,24920,2713,52418,80813,10630,83731,41536,330114,73360,91168,73956,616103,066108,847
62 31,15819,3546,101-31,75913,135-----3,54420,67623,05338,68329,15552,71756,160
630 10,4489,3312,8354152,6813,0413,9947,7597,98814,97123,41331,47424,99939,51332,83121,66134,62332,217
631/4 -------236--74780573-9,720-1,6706,5905,460-1,1121,397-317
640/8 1,9597045511,3847934,1721,4641,2271,3941,1381,06711,7761,5624,7662,96426,4741,1509,806
66A -2,11414,619-1,935--2058132,2149,7421,859141,873217,3011,160190,7482,4782,424
9901 4,19336,154119,82544,38323,082-77-1,6979,6174,47014,6486,361-74569,166-13,010-11,197-19,56213,17810,981
75/76B -4111,0129098885281,4179613831,0611,9622,5154,50385714,43710,2867,4916,680
75 -4111,0129098885281,4179613831,0611,9622,5154,50385714,43710,2867,4916,680
65/66B 7393,4122,8737,3643,5112,0161,3361,6941,4342,2484,21311,27922,84114,59313,54914,84819,19412,404
65 7393,4122,8737,3643,4572,0161,3361,6941,4342,2484,21311,27922,84114,59313,54914,84819,19412,404
66B ----54-------------
9903 3,45333,154117,96437,92820,459-1,565-1,6168,8844,40611,2474,834-1,515-90,770-244,047-9,962106,026-9062,832
67/77 2569,3802051971503063951441421401501622----202
9904 3,19823,773117,75837,73120,309-1,871-2,0118,7404,26411,1064,685-1,677-56,500-240,855-7,67966,279-9062,630
789 ------------66,5576,1994,4341,963--
689 ---------------79,153--
9905 3,19823,773117,75837,73120,309-1,871-2,0118,7404,26411,1064,685-1,67710,057-234,656-3,245-10,910-9062,630
Appropriation of the result
9906 6,2833,085-20,688-138,446-176,177-196,487-194,616-192,605-201,345-205,609-216,715-221,400-219,723-229,7814,8768,12119,03120,236
14P 3,085-20,688-138,446---------------
691/2 -----------------299
6920 -----------------299
Social balance sheet
9087 -0.50.2-0.90.4-----0.211.41.111.51.8
Hours worked1013 -960340-1,749797-----928421,7011,8181,8112,7262,976
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 07-06-2024.

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
31-12-2023 full format 07-06-2024 2024-00114733 PDF
31-12-2022 full format 28-08-2023 2023-00359166 PDF
31-12-2021 full format 30-08-2022 2022-20346616 PDF
31-12-2020 full format 27-08-2021 2021-54500098 PDF
31-12-2019 full format 28-10-2020 2020-63700292 PDF
31-12-2018 full format 28-08-2019 2019-52000432 PDF
31-12-2017 full format 10-07-2018 2018-30400268 PDF
31-12-2016 full format 31-08-2017 2017-52200224 PDF
31-12-2015 full format 24-06-2016 2016-21000368 PDF
31-12-2014 full format 10-08-2015 2015-40400238 PDF
31-12-2013 full format 01-07-2014 2014-23700048 PDF
31-12-2012 full format 27-06-2013 2013-21900122 PDF
31-12-2011 full format 29-08-2012 2012-46600223 PDF
31-12-2010 full format 16-08-2011 2011-39700469 PDF
31-12-2009 full format 27-07-2010 2010-34000247 PDF
31-12-2008 full format 16-07-2009 2009-41700215 PDF
31-12-2007 full format 22-07-2008 2008-43000001 PDF
31-12-2006 full format 06-07-2007 2007-36200170 PDF
31-12-2005 full format 13-07-2006 2006-45204304 PDF
31-12-2004 full format 11-07-2005 2005-44502472 PDF
31-12-2003 full format 06-07-2004 2004-41204933 PDF
31-12-2002 full format 23-07-2003 2003-49005197 PDF
31-12-2001 full format 08-07-2002 2002-35302107 PDF
31-12-2000 full format 09-07-2001 2001-35704979 PDF
31-12-1999 full format 12-07-2000 2000-41103912 PDF
31-12-1998 full format 26-07-1999 1999-36802368 PDF
31-12-1997 full format 16-07-1998 1998-33700443 PDF
31-12-1996 full format 25-08-1997 1997-39302228 PDF
31-12-1995 full format 25-07-1996 1996-36704797 PDF
31-12-1994 full format 07-07-1995 1995-37800846 PDF
31-12-1993 full format 27-06-1994 1994-20600792 PDF
31-12-1992 full format 28-07-1993 1993-29300735 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202320222021202020192018201720162015201420132012201120102009200820072006
14,64045,485122,66044,79825,7632,9642,29617,37612,45829,61929,77430,72994,16526,50321,6332,09947,80143,198
13,64533,104120,59438,14622,9901,1711,98316,49912,25226,07728,09729,798-31,500-201,34225,15187,94033,71734,847
20,033054,47555,500270,00013,63106021,9314,8855554,17363,89213,19475,12183,84482,87485,906
-9,4439,987-1,760---621528-671,240-1,3692881,205---607-1,48456-
-21,639-10,5479,907-49,109-163,20013,81023,26126,07518,12815,527-9,299-44,278-65,71740,175202,551264,936123,174152,025
69.4%67.8%47.6%24.3%12.2%25.4%53.4%54.3%33.5%22.8%4.3%-0.4%0.6%20.6%53.8%49.6%48.8%50.6%
0.380.711.150.220.351.192.022.371.701.730.850.600.621.332.342.361.761.91
0.380.711.150.220.351.192.022.371.701.730.850.600.621.332.282.211.761.91
0.440.481.103.117.202.930.870.841.993.3822.04--3.270.730.891.050.98
1.4%10.6%58.8%45.8%45.5%-7.7%-7.7%30.9%21.9%72.9%113.3%---418.0%-2.6%21.6%-0.4%1.1%
1.0%7.2%28.0%11.1%5.5%-2.0%-4.1%16.8%7.3%16.6%4.9%-1.3%-27.8%-86.0%-1.4%10.7%-0.2%0.6%
19.8013.3342.70---------------

EBIT margin: not included in this filing.

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.

Social balance sheet

Item31-12-202231-12-2021
0.50.2
Joined-1
Left-0

Source: social balance sheet in the 2021 to 2022 annual accounts

Investments

fixed assets acquired
Item202320222021
Tangible fixed assets€19,670-€54,475
Financial fixed assets€363€0-
€10,448€9,331€2,835

Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)

Insights on MADARO

The operating result for 2023 is 88% lower than in 2022 and the lowest since 2018. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 32.2% to 30.6%. Equity is higher and debt is lower.

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