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MADATTE

Active
Private limited companyfounded 20241 yr activeAdolf Baeyensstraat 22, 9040 Gent, BelgiumKBO/BCE: BE 1015.967.013
Summary

MADATTE has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,488 and a net result of €7,488. Its solvency ranks better than 41% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes
Profitability91
Solvency55
Growth-
Track record67
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.51; short-term debt: 65.8% and cash: 22% of total assets), but 70.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
29.5%
Return on assets
17.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MADATTE was incorporated on 6 November 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€12,488
Total assets
€42,322
Net result
€7,488
Working capital
€14,151

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €42,322
Fixed assets €320
Current assets €42,002
Equity and liabilities €42,322
Equity €12,488
Debt €29,834
Debt finances 70.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€10,407
Cash flow
€7,573
Current ratio
1.51
Quick ratio
0.62
Debt to equity
2.39
ROE
60.0%
ROA
17.7%
Interest coverage
10.82
Debt ≤ 1 year
€27,851
Income taxes
€1,897

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€42,322
Fixed assets21/28€320
Tangible fixed assets22/27€320
Plant, machinery and equipment23€320
Current assets29/58€42,002
Stocks and contracts in progress3€24,863
Stocks30/36€24,863
Amounts receivable within one year40/41€5,791
Trade receivables40€5,791
Cash at bank and in hand54/58€9,297
Deferred charges and accrued income490/1€2,051
Equity and liabilities
Total equity and liabilities10/49€42,322
Equity10/15€12,488
Contributions10/11€5,000
Profit (loss) carried forward14€7,488
Amounts payable17/49€29,834
Amounts payable within one year42/48€27,851
Trade debts44€8,464
Suppliers440/4€8,464
Taxes, remuneration and social security45€3,177
Taxes450/3€3,177
Other amounts payable47/48€16,209
Accrued charges and deferred income492/3€1,983
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85
Other operating charges640/8€1,048
Gross operating margin9900€11,455
Operating profit (loss)9901€10,322
Financial income75/76B€26
Recurring financial income75€26
Financial charges65/66B€962
Recurring financial charges65€962
Profit (loss) for the period before taxes9903€9,385
Income taxes67/77€1,897
Profit (loss) for the period9904€7,488
Profit (loss) for the period to be appropriated9905€7,488
Appropriation of the result
Profit (loss) to be appropriated9906€7,488

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85
Other operating charges640/8€1,048
Gross operating margin9900€11,455
Operating profit (loss)9901€10,322
Financial income75/76B€26
Recurring financial income75€26
Financial charges65/66B€962
Recurring financial charges65€962
Profit (loss) for the period before taxes9903€9,385
Income taxes67/77€1,897
Profit (loss) for the period9904€7,488
Profit (loss) for the period to be appropriated9905€7,488
Line2025
Assets
Total assets20/58€42,322
Fixed assets21/28€320
Tangible fixed assets22/27€320
Plant, machinery and equipment23€320
Current assets29/58€42,002
Stocks and contracts in progress3€24,863
Stocks30/36€24,863
Amounts receivable within one year40/41€5,791
Trade receivables40€5,791
Cash at bank and in hand54/58€9,297
Deferred charges and accrued income490/1€2,051
Equity and liabilities
Total equity and liabilities10/49€42,322
Equity10/15€12,488
Contributions10/11€5,000
Profit (loss) carried forward14€7,488
Amounts payable17/49€29,834
Amounts payable within one year42/48€27,851
Trade debts44€8,464
Suppliers440/4€8,464
Taxes, remuneration and social security45€3,177
Taxes450/3€3,177
Other amounts payable47/48€16,209
Accrued charges and deferred income492/3€1,983
Line2025
Profit (loss) for the period9904€7,488
+ Depreciation and write-downs630€85
Operating cash flow (approximation)€7,573

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
126 m²
Building footprint
85 m²
Volume, LiDAR
562 m³
Parcel 44432C1002/00D003, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MADATTE
Adolf Baeyensstraat 22, 9040 GentManufacture of food products
since 20242.366.122.483
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C1002/00D003 Flanders 126 m² 1 · 85 m² 11.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gent2.366.122.483
3 permissions
Toelating · Ambulante detailhandel · since 20-11-2024
Toelating · Detailhandel met verwerking · since 20-11-2024
Toelating · Groothandelaar levensmiddelen · since 20-11-2024

Similar companies · same sector, comparable size

Of 69 companies in sector 46332 we hold annual accounts for 28. 12 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-11-2024
Fiscal year end31-12
Activities, NACEBEL 2025
46332Wholesale trade
46213Wholesale trade
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015967013
Also 9925:BE1015967013
Registered 20-08-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.