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Madave

Active Risk: very low
Limited partnershipfounded 201510 yrs activeOosterloseweg 42, 2440 Geel, BelgiumKBO/BCE: BE 0641.793.174
Summary

Madave has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,268 and a net result of €33,350. Its solvency ranks better than 28% of 19923 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Axes, FY 2024
Profitability100
Solvency67
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
42%
Return on assets
25.4%
Age of the figures
27 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 04-02-2025, 4 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
2024
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 4 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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

On 22 October 2015, Madave was incorporated.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€55,268
Total assets
€131,469
Net result
€33,350
Working capital
€11,797

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

Balance-sheet composition
Assets €131,469
Fixed assets €71,240
Current assets €60,230
Equity and liabilities €131,469
Equity €55,268
Debt €76,201
Debt finances 58.0% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€51,503
Cash flow
€41,487
Current ratio
1.24
Debt to equity
1.38
ROE
60.3%
ROA
25.4%
Interest coverage
47.83
Debt ≤ 1 year
€48,433
Debt > 1 year
€27,768
Income taxes
€9,885
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 48 lines
Balance sheet Code2024
Assets
Total assets20/58€131,469
Fixed assets21/28€71,240
Tangible fixed assets22/27€71,091
Plant, machinery and equipment23€16,495
Furniture and vehicles24€11,646
Leasing and similar rights25€42,950
Financial fixed assets28€149
Current assets29/58€60,230
Amounts receivable within one year40/41€19,964
Trade receivables40€19,964
Other amounts receivable41€0
Cash at bank and in hand54/58€38,646
Deferred charges and accrued income490/1€1,620
Equity and liabilities
Total equity and liabilities10/49€131,469
Equity10/15€55,268
Contributions10/11€500
Reserves13€37,624
Distributable reserves133€37,624
Profit (loss) carried forward14€17,144
Amounts payable17/49€76,201
Amounts payable after more than one year17€27,768
Financial debts170/4€27,768
Amounts payable within one year42/48€48,433
Current portion of amounts payable after more than one year42€8,495
Trade debts44€25,968
Suppliers440/4€25,968
Taxes, remuneration and social security45€6,036
Taxes450/3€6,036
Other amounts payable47/48€7,934
Accrued charges and deferred income492/3€0
Income statement Code2024
Non-recurring operating income76A€7,645
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,137
Other operating charges640/8€3,080
Gross operating margin9900€54,582
Operating profit (loss)9901€43,366
Financial income75/76B€946
Recurring financial income75€946
Financial charges65/66B€1,077
Recurring financial charges65€1,077
Profit (loss) for the period before taxes9903€43,235
Income taxes67/77€9,885
Profit (loss) for the period9904€33,350
Profit (loss) for the period to be appropriated9905€33,350
Appropriation of the result
Profit (loss) to be appropriated9906€33,350
Transfer to equity691/2€16,206
To other reserves6921€16,206
Profit to be distributed694/7€0
Return on contributions (dividend)694€0

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Non-recurring operating income76A€7,645
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,137
Other operating charges640/8€3,080
Gross operating margin9900€54,582
Operating profit (loss)9901€43,366
Financial income75/76B€946
Recurring financial income75€946
Financial charges65/66B€1,077
Recurring financial charges65€1,077
Profit (loss) for the period before taxes9903€43,235
Income taxes67/77€9,885
Profit (loss) for the period9904€33,350
Profit (loss) for the period to be appropriated9905€33,350
Line2024
Assets
Total assets20/58€131,469
Fixed assets21/28€71,240
Tangible fixed assets22/27€71,091
Plant, machinery and equipment23€16,495
Furniture and vehicles24€11,646
Leasing and similar rights25€42,950
Financial fixed assets28€149
Current assets29/58€60,230
Amounts receivable within one year40/41€19,964
Trade receivables40€19,964
Other amounts receivable41€0
Cash at bank and in hand54/58€38,646
Deferred charges and accrued income490/1€1,620
Equity and liabilities
Total equity and liabilities10/49€131,469
Equity10/15€55,268
Contributions10/11€500
Reserves13€37,624
Distributable reserves133€37,624
Profit (loss) carried forward14€17,144
Amounts payable17/49€76,201
Amounts payable after more than one year17€27,768
Financial debts170/4€27,768
Amounts payable within one year42/48€48,433
Current portion of amounts payable after more than one year42€8,495
Trade debts44€25,968
Suppliers440/4€25,968
Taxes, remuneration and social security45€6,036
Taxes450/3€6,036
Other amounts payable47/48€7,934
Accrued charges and deferred income492/3€0
Line2024
Profit (loss) for the period9904€33,350
+ Depreciation and write-downs630€8,137
Operating cash flow (approximation)€41,487

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

2025
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Geel · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
773 m²
Building footprint
306 m²
Volume, LiDAR
1,624 m³
Parcel 13375M0691/00F000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Madave
Oosterloseweg 42, 2440 GeelHuman health activities
since 20152.247.086.063
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13375M0691/00F000 Flanders 773 m² 1 · 306 m² 10.6 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 153 EUR awarded · 153 EUR paid
Year Entries awardedpaid
2025 1 0 EUR153 EUR
2024 1 153 EUR0 EUR
Schemes
2 entries · 153 EUR · 153 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 5,993 companies in sector 86940 we hold annual accounts for 1,811. 1,588 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded22-10-2015
Fiscal year end30-06
Activities, NACEBEL 2025
86940Nursing and midwifery
86995Nutrition and dietetics services
Contact
E-mail Willems.eva@icloud.comGeel
Phone 0478410630Geel
E-invoicing
Reachable via Peppol
Peppol ID 0208:0641793174
Also 9925:BE0641793174
Registered 16-03-2026

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.