Summary
MADECOM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €181,319 and a net result of €15,673. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 88% of 9,727 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €181,319
- Profit
- €15,673
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €38,156 ▲98.6%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 54% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €15,385 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,115 | €10,561 | €10,561 | €10,561 | €446 | €446 | - | - |
| Other operating charges640/8 | - | - | - | €756 | €557 | €633 | €513 | ▼ 19.0% |
| Gross operating margin9900 | €26,718 | €46,168 | €49,576 | €29,786 | €30,796 | €56,349 | €25,819 | ▼ 54.2% |
| Operating profit (loss)9901 | €15,787 | €35,044 | €38,415 | €18,469 | €29,793 | €55,270 | €25,305 | ▼ 54.2% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €207 | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | - | €482 | €519 | €928 | €1,248 | ▲ 34.4% |
| Recurring financial charges65 | €1,080 | €749 | €391 | €482 | €519 | €928 | €1,248 | ▲ 34.4% |
| Profit (loss) for the period before taxes9903 | €14,707 | €34,501 | €38,025 | €17,987 | €29,274 | €54,341 | €24,058 | ▼ 55.7% |
| Income taxes67/77 | €3,952 | €10,700 | €14,007 | €7,577 | €10,066 | €16,185 | €8,384 | ▼ 48.2% |
| Profit (loss) for the period9904 | €10,755 | €23,802 | €24,017 | €10,410 | €19,208 | €38,156 | €15,673 | ▼ 58.9% |
| Profit (loss) for the period to be appropriated9905 | €10,755 | €23,802 | €24,017 | €10,410 | €19,208 | €38,156 | €15,673 | ▼ 58.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €99,350 | €112,052 | €131,468 | €119,818 | €139,920 | €184,230 | €202,516 | ▲ 9.9% |
| Fixed assets21/28 | €30,345 | €22,015 | €11,453 | €892 | €446 | €0 | €0 | - |
| Tangible fixed assets22/27 | €30,345 | €22,015 | €11,453 | €892 | €446 | €0 | €0 | - |
| Furniture and vehicles24 | - | - | - | €892 | €446 | €0 | €0 | - |
| Current assets29/58 | €69,005 | €90,038 | €120,014 | €118,925 | €139,474 | €184,230 | €202,516 | ▲ 9.9% |
| Amounts receivable within one year40/41 | €9 | €3,956 | €3,956 | €10,370 | €3,947 | €5,021 | €4,003 | ▼ 20.3% |
| Trade receivables40 | - | - | - | €3,947 | €3,947 | €5,021 | €387 | ▼ 92.3% |
| Other amounts receivable41 | - | - | - | €6,423 | - | - | €3,616 | - |
| Cash at bank and in hand54/58 | €68,954 | €84,961 | €114,528 | €106,972 | €134,323 | €179,209 | €198,513 | ▲ 10.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,583 | €1,204 | - | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €99,350 | €112,052 | €131,468 | €119,818 | €139,920 | €184,230 | €202,516 | ▲ 9.9% |
| Equity10/15 | €50,053 | €73,854 | €97,872 | €108,282 | €127,490 | €165,646 | €181,319 | ▲ 9.5% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €43,853 | €67,654 | €91,672 | €102,082 | €121,290 | €159,446 | €175,119 | ▲ 9.8% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €100,222 | €119,430 | €159,446 | €175,119 | ▲ 9.8% |
| Amounts payable17/49 | €49,297 | €38,198 | €33,596 | €11,536 | €12,430 | €18,583 | €21,196 | ▲ 14.1% |
| Amounts payable after more than one year17 | €20,249 | €11,295 | €2,268 | - | - | - | - | - |
| Amounts payable within one year42/48 | €28,204 | €25,817 | €30,107 | €11,378 | €12,070 | €18,173 | €20,463 | ▲ 12.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2,268 | - | - | - | - |
| Trade debts44 | €1,148 | €114 | €359 | €862 | €258 | €2,297 | - | - |
| Suppliers440/4 | - | - | - | €862 | €258 | €2,297 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €1,859 | €2,791 | €4,333 | €2,417 | ▼ 44.2% |
| Taxes450/3 | - | - | - | €1,859 | €2,791 | €4,333 | €2,417 | ▼ 44.2% |
| Other amounts payable47/48 | - | - | - | €6,388 | €9,021 | €11,543 | €18,046 | ▲ 56.3% |
| Accrued charges and deferred income492/3 | - | - | - | €158 | €360 | €410 | €733 | ▲ 78.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,755 | €23,802 | €24,017 | €10,410 | €19,208 | €38,156 | €15,673 | ▼ 58.9% |
| + Depreciation and write-downs630 | €10,115 | €10,561 | €10,561 | €10,561 | €446 | €446 | - | - |
| Operating cash flow (approximation) | €20,870 | €34,363 | €34,579 | €20,972 | €19,654 | €38,602 | €15,673 | ▼ 59.4% |
| Investment in fixed assets (approximation) | - | -€2,231 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €16,007 | €29,567 | -€7,556 | €27,350 | €44,886 | €19,304 | ▼ 57.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 31-10-2025 | 2025-00555560 |
| 31-03-2024 | micro format | 28-10-2024 | 2024-00515793 |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00496523 |
| 31-03-2022 | micro format | 03-11-2022 | 2022-20482170 |
| 31-03-2021 | micro format | 30-10-2021 | 2021-75800562 |
| 31-03-2020 | micro format | 16-11-2020 | 2020-70800143 |
| 31-03-2019 | micro format | 25-10-2019 | 2019-71500195 |
| 31-03-2018 | micro format | 26-10-2018 | 2018-70400247 |
| 31-03-2017 | abbreviated format | 28-10-2017 | 2017-68600460 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DEWITTE Maxim Gaston Jerome |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
03-01
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousAppointment: DEWITTE Maxim Gaston Jerome (director) · Incorporation · Capital conversion12 facts ▸
- General meeting, 22-12-2023
- Incorporation, 24-06-2015
- Other provision, “Albrecht Rodenbachlaan 18,8930 Lauwe/Menen” (deed in Dutch)
- Other provision, “statutes unchanged since seat move, statuten sedertdien niet meer gewijzigd” (deed in Dutch)
- Other provision, “submission to WVV and retention of legal form, statuten aanpassen aan WVV en rechtsvorm Besloten Vennootschap(afgekort BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “aangelegde statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering, Tweede besluit vervolg” (deed in Dutch)
- Purpose change
- Other provision, “niet-statutair bestuurder” (deed in Dutch)
- Director appointment, DEWITTE Maxim Gaston Jerome (director (not named in the articles))
- Amendment of the articles
- Registered office clause, “8930 Lauwe/Menen,Albrecht Rodenbachlaan 18” (deed in Dutch)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34024B0371/00S004 | Flanders | 2,458 m² | 1 · 281 m² | 9.3 m · 2 |
| 33007C0313/00F000 | Flanders | 872 m² | 1 · 202 m² | 6.0 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies; Het verlenen van…” (deed in Dutch)
14 activities (deed in Dutch)
- Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars,het uitoefenen van opdrachten en functies.
- Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
- Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt.
- Het uitbaten van gites,vakantiewoningen en – appartementen
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meeste ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen.
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- Het verlenen van administratieve prestaties en computerservices.
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in ’t kort tussenpersoon in de handel.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
- Het verwerven en beheren voor eigen rekening van een onroerend patrimonium;het stellen van alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen;de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen.
- Het verwerven en beheren voor eigen rekening van een roerend patrimonium;het stellen van alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen,behalve indien deze verrichtingen wettelijk voorbehouden zijn aan kredietinstellingen.
- De vennootschap kan in het algemeen alle burgerlijke,commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of gedeeltelijk te vergemakkelijken.
- De vennootschap mag betrokken zijn bij wijze van inbreng,fusie,inschrijving of op elke andere wijze in ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp.
- Zij mag zich voor deze ondernemingen,verenigingen of vennootschappen borg stellen of hun aval verlenen,voorschotten en krediet toestaan,hypothecaire of andere volmachten verstrekken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- MADECOM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 3” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12 : Bestuur Het bestuursorgaan zal overeenkomstig artikel 5:73 WVV, alle handelingen verrichten die nodig of dienstig zijn tot…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, vaste of veranderlijke bezoldigingen of vergoedingen op algemene kosten te verhalen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “1/6200ste, alle effecten die niet door of krachtens de wet zijn verboden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of September at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Voorwaarden artikel 2:80 WVV” (deed in Dutch)“Voorzitter bevoegde ondernemingsrechtbank, enkel schulden tegenover aandeelhouders en alle aandeelhouders-schuldeisers schriftelijk akkoord” (deed in Dutch)