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Madco

Active
Private limited companyfounded 1996active for 30 yearsWeyerstraat 315, 3850 Nieuwerkerken (Limb.), BelgiumKBO/BCE: BE 0458.058.744
Summary

Madco has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,761 and a net result of €10,526. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 9,617 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
MadcoActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Office administrative and support services
NACE 82100Engineering and related technical consultancy, excluding land surveyors NACE 71121
2nd oldest company in Nieuwerkerken, Administrative and support services sector1 site
Size
€57,123total assets 2025
Staff
1 FTE
Equity
€35,761
Profit
€10,526
Turnover not published (micro format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 66 days early1 of 2 deeds summarised
Why 96lowers riskLiquidity: current ratio 2.44, cash €44,607Equity €35,761 (62.6% of total assets)Sector: Office administrative, office support and other business support activities (NACE 82)Founded in 1996Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 82, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 88+12
equity 62.6% of total assets
Liquidity 83+7
short-term debt 37.4% · cash 78.1%
Profitability 92-8
return on assets 18.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,642 companies, NACE 82, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.44, compared with 1.78 in 2024, above the usual 1.5; short-term debt: 37.4% and cash: 78.1% of total assets), and 37.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 62% on solvency, 76% on liquidity, 66% on profitability and 76% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.44, cash €44,607
NBB · annual accounts
lowers risk · Equity €35,761 (62.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
lowers risk · Founded in 1996
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €35,761
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
66 days early
2024
18 days late
2023
50 days early
2022
59 days early
2021
9 days late
2020
31 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 June (4 of the last 5 filed years within 58 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Back to profitnet €18,965

Key points

  • Positive: 2nd oldest company in Nieuwerkerken, Administrative and support services sectorin the Checked rankings No. 2 View
  • One director decidessole director in office 1 View
  • Active since 1996founded 28-05-1996 30 years View

By topic

Financials

Financial year
2025
Total assets
€57,123
Profit
€10,526
Solvency
62.6%
Total assets▲ 16.0%
Net result
20182025
Go to Financials

Timeline

Events
33
Since
1998
Next accounts
by 31-07-2027
  1. 11-06-2024Annual accounts filed
  2. 05-09-2023Appointment: NULENS Johannes (director)
  3. 02-06-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Office administrative and support servicesNACE 82100
Founded
28-05-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
26
Annual meeting
First Monday of May
Purpose
“Bestuurder of vereffenaar van andere vennootschappen; Kantoor in…” (deed in Dutch)
Go to Articles of association

Key facts about Madco

What is the company number of Madco?
0458.058.744. In Belgium the VAT number is the company number with BE in front: BE 0458.058.744.
Where is Madco based?
The registered office is at Weyerstraat 315, 3850 Nieuwerkerken (Limb.).Company details
What does Madco do?
According to the KBO register, the main activity is office administrative and support services (NACE 82100).
What is the legal form of Madco?
Private limited company (BV).
When was Madco founded?
On 28-05-1996.
Is Madco still active?
Yes, Madco is an active enterprise in the KBO register.
How many employees does Madco have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Madco?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Madco profitable?
In financial year 2025, Madco made a profit of €10,526.
Where can I find the annual accounts of Madco?
Madco filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Madco due?
By 31-07-2027, for financial year 2026.Timeline

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