MADECT
InactiveOverview
Overview
Official details
Source: KBO- Status
- Inactive
- Activity
- “Het verstrekken van adviezen,bijstand,leiding aan ondernemingen,vennootschappen,privé personen,instellingen en rechtspersonen op het vlak van consultancy,op…” (deed in Dutch)From the articles, 21 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- A-TEC INVESTDirector · permanent representative Greet Verschueren
Financial position
No score
Annual accounts 2021
- Gross margin
- €373,790
- ▲ 210%
- Turnover
- ≈ €750,000
- estimated
- Profit
- €295,714
- ▲ 15×
- Equity
- €401,248
- ▲ 280%
- Total assets
- €659,458
- ▲ 78.2%
- Employees on 31-12-2021
- 1
Filed on 25-07-2022
Financials
Financials · financial year 2021, micro format
Annual accounts 2021 filed on 25-07-2022 PDF all 7 filings
Turnover
≈ €750,000
Estimated: probably between €520,000 and €1.1m
Total assets
€659,458▲ 78.2%
2020 · €369,980
Net result
€295,714▲ 15×
2020 · €19,135
Working capital
€322,441▲ 12×
2020 · €26,627
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result for 2021 is nearly 14 times that of 2020 and the highest since 2018. It is the third rise in a row.
Operating result€298,039
2021
Net result€295,714
2021
Total assets€659,458
2021
Equity€401,248
2021
Debt€258,210
2021
Working capital€322,441
2021
Staff (FTE)2
2021
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Operating result€5,015-€21,852▲ 336%€21,985▲ 0.6%€298,039▲ 14×
Net result€4,748-€21,056▲ 343%€19,135▼ 9.1%€295,714▲ 15×
Equity€59,143-€86,400▲ 46.1%€105,534▲ 22.1%€401,248▲ 280%
Total assets€105,224-€156,916▲ 49.1%€369,980▲ 136%€659,458▲ 78.2%
Debt€46,081-€70,516▲ 53.0%€264,446▲ 275%€258,210▼ 2.4%
Working capital€80,158-€65,994▼ 17.7%€26,627▼ 59.7%€322,441▲ 12×
Staff (FTE)1.52.2▲ 46.7%2▼ 9.1%
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €659,458
Fixed assets
€238,872 ▼ 8.1%
Current assets
€420,585 ▲ 282%
Equity and liabilities €659,458
Equity
€401,248 ▲ 280%
Debt
€258,210 ▼ 2.4%
Debt's share of the balance-sheet total falls from 71.5% to 39.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€302,156▲
2020 · €36,038
Cash flow
€299,830▲
2020 · €33,187
Current ratio
4.29▲
2020 · 1.32
Debt to equity
0.64▼
2020 · 1.71
ROE
73.7%▲
2020 · 18.1%
ROA
44.8%▲
2020 · 5.2%
Interest coverage
over 100
Debt ≤ 1 year
€98,145▲
2020 · €83,538
Debt > 1 year
€160,065▼
2020 · €180,907
Income taxes
€400▼
2020 · €446
Staff costs
€71,084
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| part-time | 0 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 2 |
| On a permanent contract | 1 |
| Joined | 24 |
| Left | 25 |
Source: social balance sheet in the 2021 annual accounts
Securities and guarantees
| Item | 2021 |
|---|---|
| Mortgages, amount registered | €25,000 |
| Mortgage mandates | €165,000 |
| Carrying value of the mortgaged assets | €229,504 |
Source: notes to the 2021 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €1,057 |
| Financial fixed assets | €838 |
| Depreciation and write-downs of the year | €4,116 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €71,084 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,547 | €14,798 | €14,052 | €4,116 | ▼ 70.7% |
| Other operating charges640/8 | - | - | - | €551 | - |
| Gross operating margin9900 | €13,345 | €95,181 | €120,496 | €373,790 | ▲ 210% |
| Operating profit (loss)9901 | €5,015 | €21,852 | €21,985 | €298,039 | ▲ 14× |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | €10 | €64 | €10 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €1,926 | - |
| Recurring financial charges65 | €76 | €499 | €2,415 | €1,926 | ▼ 20.3% |
| Profit (loss) for the period before taxes9903 | €4,950 | €21,417 | €19,580 | €296,114 | ▲ 15× |
| Income taxes67/77 | €202 | €361 | €446 | €400 | ▼ 10.2% |
| Profit (loss) for the period9904 | €4,748 | €21,056 | €19,135 | €295,714 | ▲ 15× |
| Profit (loss) for the period to be appropriated9905 | €4,748 | €21,056 | €19,135 | €295,714 | ▲ 15× |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €105,224 | €156,916 | €369,980 | €659,458 | ▲ 78.2% |
| Fixed assets21/28 | €5,394 | €41,525 | €259,815 | €238,872 | ▼ 8.1% |
| Tangible fixed assets22/27 | €5,394 | €37,775 | €256,065 | €234,284 | ▼ 8.5% |
| Land and buildings22 | - | - | - | €229,504 | - |
| Plant, machinery and equipment23 | - | - | - | €2,113 | - |
| Furniture and vehicles24 | - | - | - | €2,667 | - |
| Financial fixed assets28 | - | €3,750 | €3,750 | €4,588 | ▲ 22.3% |
| Current assets29/58 | €99,830 | €115,391 | €110,165 | €420,585 | ▲ 282% |
| Stocks and contracts in progress3 | - | - | €30,000 | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €0 | - |
| Amounts receivable within one year40/41 | €98,831 | €26,769 | €6,701 | €224,338 | ▲ 33× |
| Trade receivables40 | - | - | - | €224,338 | - |
| Other amounts receivable41 | - | - | - | €0 | - |
| Cash at bank and in hand54/58 | €1,000 | €88,622 | €55,464 | €196,248 | ▲ 254% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €105,224 | €156,916 | €369,980 | €659,458 | ▲ 78.2% |
| Equity10/15 | €59,143 | €86,400 | €105,534 | €401,248 | ▲ 280% |
| Contributions10/11 | €12,400 | €18,600 | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €44,883 | €65,940 | €85,074 | €380,788 | ▲ 348% |
| Amounts payable17/49 | €46,081 | €70,516 | €264,446 | €258,210 | ▼ 2.4% |
| Amounts payable after more than one year17 | - | €21,119 | €180,907 | €160,065 | ▼ 11.5% |
| Financial debts170/4 | - | - | - | €160,065 | - |
| Amounts payable within one year42/48 | €19,673 | €49,397 | €83,538 | €98,145 | ▲ 17.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €21,085 | - |
| Trade debts44 | €9,979 | €4,796 | €3,023 | €22,419 | ▲ 642% |
| Suppliers440/4 | - | - | - | €22,419 | - |
| Taxes, remuneration and social security45 | - | - | - | €54,641 | - |
| Taxes450/3 | - | - | - | €49,483 | - |
| Remuneration and social security454/9 | - | - | - | €5,157 | - |
| Other amounts payable47/48 | - | - | - | €0 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,748 | €21,056 | €19,135 | €295,714 | ▲ 15× |
| + Depreciation and write-downs630 | €6,547 | €14,798 | €14,052 | €4,116 | ▼ 70.7% |
| Operating cash flow (approximation) | €11,295 | €35,855 | €33,187 | €299,830 | ▲ 803% |
| Investment in fixed assets (approximation) | - | -€50,929 | -€232,342 | €16,826 | - |
| Change in cash | - | €87,622 | -€33,157 | €140,783 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 25-07-2022 | 2022-20218196 | |
| 31-12-2020 | micro format | 28-10-2021 | 2021-74600145 | |
| 31-12-2019 | micro format | 25-08-2020 | 2020-44600504 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59100031 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56100367 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-55400166 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-54400126 |
Board & ownership
Directors
Directors
1 director, last change in 2022
Board 1
A-TEC INVEST
Current
Director · appointed in the act of 15-07-2022 · term without a fixed end · Private limited company · permanent representative: Greet Verschueren · also on the board of 2 other companies
Permanent representatives 1
Greet Verschueren
Current
Permanent representative · appointed in the act of 15-07-2022 · for A-TEC INVEST
Owners and capital
Shareholders
Owners 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Former owners (1)
-
share not stated
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 25-11-2022 ↗
- A-TEC INVEST (BE 0737.640.062) 93 shares
Capital over time
- 13-01-2023 Capital stated in the deed · 140,000 shares
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| A-TEC INVEST |
|
| Maarten Hendrickx |
|
Network & group
Acquisitions and mergers
1 transactionTaken over by:A-Tec Invest
Connections & network
2 connected companiesTimeline
Acts, filings and financial milestones
2023
13-01
Gazette deed
Restructuring · End & cessationMerger · Auditor report · Share issue21 points ▸
Gazette deed
Restructuring · End & cessation
Merger · Auditor report · Share issue21 points ▸
- General meeting, 28-12-2022
- Merger, 16-11-2022, “bestuursorganen Madect en A-Tec Invest” (deed in Dutch)
- Other provision, 16-12-2022
- Auditor report, EUR, “Norm bedrijfsrevisor inbreng in natura en quasi-inbreng” (deed in Dutch)
- Other provision, “agenda en terbeschikkingstelling stukken zetel, zetel vennootschap” (deed in Dutch)
- Other provision, “lezing onderzoek goedkeuring fusievoorstel 2022-10-28, unanimiteit” (deed in Dutch)
- Other provision, “ontslag verslagen artikel 12:25 en 12:26, unanimiteit” (deed in Dutch)
- Other provision, “ontslag informatie belangrijke wijzigingen activa-passiva artikel 12:27, unanimiteit” (deed in Dutch)
- Other provision, “ontslag tussentijdse cijfers artikel 12:28 §2 5°, unanimiteit” (deed in Dutch)
- Other provision, “lezing onderzoek goedkeuring verslagen 5:133 inbreng natura bij a-tec invest, unanimiteit” (deed in Dutch)
- Merger, “fusie door overneming, alle agendapunten afgehandeld” (deed in Dutch)
- Share issue, 90000, “ruilverhouding” (deed in Dutch)
- The act holds 9 more points.
2022
25-11
Gazette deed
RestructuringPermanent representative: Greet Verschueren · Merger · Shareholding15 points ▸
Gazette deed
Restructuring
Permanent representative: Greet Verschueren · Merger · Shareholding15 points ▸
- Other provision, 28-10-2022
- Other provision, “aanduiding in fusievoorstel, overnemende vennootschap” (deed in Dutch)
- Director in office, Jan Keustermans (sole director)
- Other provision, “benaming in fusievoorstel, over te nemen vennootschap” (deed in Dutch)
- Director in office, A-TEC INVEST (sole director)
- Permanent representative, Greet Verschueren
- Merger, “fusie door overneming, gehele vermogen zowel rechten als verplichtingen” (deed in Dutch)
- A-TEC INVEST holds 93 shares
- Other provision, “ruilverhouding en opleg”, EUR (deed in Dutch)
- Accounting effect, 28-12-2022
- Other provision, “rechten houders bijzondere rechten en andere effecten dan aandelen” (deed in Dutch)
- Other provision, “bezoldiging bedrijfsrevisor of externe accountant verslag artikel 12:26, artikel 12:26 §1 Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- The act holds 3 more points.
25-07
financial year 2021 · micro format
15-07
Gazette deed
Resignation: Maarten Hendrickx (director)Appointment: A-TEC INVEST (director) · Permanent representative: Greet Verschueren · Registered-office move6 points ▸
Gazette deed
Resignation: Maarten Hendrickx (director)
Appointment: A-TEC INVEST (director) · Permanent representative: Greet Verschueren · Registered-office move6 points ▸
- General meeting, 16-06-2022
- Director resignation, Maarten Hendrickx (director)
- Director appointment, A-TEC INVEST (director)
- Permanent representative, Greet Verschueren
- Board meeting, 16-06-2022
- Registered-office move, Katelijnestraat 54 2320 Hoogstraten
2021
31-12
Financial
Highest result from 2018 to 2021net €295,714 ▲1,445%
The operating result of €298,039 and the net result of €295,714 are both a record.
31-12
Financial
Liquidity more than triplescurrent ratio 4.29
The current ratio rises from 1.32 to 4.29.
31-12
Financial
Equity above €200,000equity €401,248 ▲280%
With a profit in every financial year since 2018, equity grows to €401,248.
28-10
financial year 2020 · micro format · 89 days late
2020
31-12
Financial
Equity above €100,000equity €105,534 ▲22.1%
With a profit in every financial year since 2018, equity grows to €105,534.
25-08
financial year 2019 · micro format · 25 days late
2019
30-08
financial year 2018 · micro format · 30 days late
2018
30-08
financial year 2017 · micro format · 30 days late
2017
30-08
financial year 2016 · micro format · 30 days late
2016
30-08
financial year 2015 · abbreviated format · 30 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
MADECT is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2021
- Last registered office
- Katelijnestraat 54, 2320 Hoogstratenas published on 13 January 2023
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2015
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verstrekken van adviezen,bijstand,leiding aan ondernemingen,vennootschappen,privé personen,instellingen en rechtspersonen op het vlak…”
21 activities
- Het verstrekken van adviezen,bijstand,leiding aan ondernemingen,vennootschappen,privé personen,instellingen en rechtspersonen op het vlak van consultancy,op het vlak van management,directie en organisatie,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis
- De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met het voorgaande,contractuele of statutaire benoeming,externe raadgever of orgaan van de cliënt,vertegenwoordiging door zaakvoerder of elke andere derde vertegenwoordiger
- Managementactiviteiten
- Studie-,organisatie-,en raadgevend bureau inzake financiële,handels-,industriële,informatica,robotica,productie,fiscale en sociale aangelegenheden
- De aankoop,de verkoop,het huren en verhuren,de huurkoop,de leasing,ontwikkeling en vervaardigen van machines al dan niet industriële ontwerpen,monteren,fabriceren,studie tot-,vervaardigen en plaatsing ervan
- Uitwerken en realisatie van projecten op gebied van elektriciteit,elektronica,machine,werktuigbouw,industriële systeemontwikkeling
- Het ontwerpen,montage en onderhoud van geautomatiseerde fabrieken,machines en besturingsmechanismen en centrale bewakingsapparatuur
- Ontvangen/vestigen van royalty's op ontwerpen en (half)fabricaten
- De vennootschap mag informatica en elektronisch materiaal,machines,onderdelen van machines,computersoftware en -hardware,robotica,invoeren en uitvoeren,verdelen en op de markt brengen,fabriceren,kopen en verkopen,huren en verhuren door middel van huurkoop of leasing,en onderhouds-,reparatie-,opleidings- en systeemdiensten verlenen
- De aankoop,de verkoop,de import,de export,de commercialisatie,de distributie,de bemiddeling,de algemene vertegenwoordiging van alle elektrische en elektronische materialen,producten,toestellen,toebehoren en installaties,alsmede de onderdelen die er betrekking op hebben
- De plaatsing,het onderhoud,de herstelling van alle elektrische en elektronische installaties
- De opbouw,onderhoud,revisie,reparatie,installatie,ontwerpen van machines zowel op mechanisch vlak als elektrisch vlak als op programmatie vlak
- Bouwen van machines of delen van machines en deze kopen en verkopen
- Onderdelen voor machines produceren,kopen en verkopen
- Projecten begeleiden,organiseren,uitwerken in de meest ruime zin
- De vennootschap mag alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp verband houden stellen,alsmede zich borgstellen voor verbintenissen door derden,alle roerende en onroerende goederen kopen,huren en verhuren als investering,zelfs zonder verband met haar voorwerp
- De vennootschap handelt voor eigen rekening,in consignatie,in commissie,als tussenpersoon of als vertegenwoordiger
- Activiteiten zonder vereiste activiteitenattesten worden in onderaanneming uitgegeven
- Om haar voorwerp te verwezenlijken kan de vennootschap samenwerken met,deelnemen in en belangen nemen in ondernemingen van allerlei aard,alle verbintenissen aangaan,kredieten en leningen aangaan en verstrekken,zich voor derden borg stellen door goederen in hypotheek of pand te geven inclusief eigen handelszaak
- De vennootschap kan optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen
- De vennootschap kan alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk voorwerp
Articles of association, deed of 25-11-2022 (in Dutch)
Environmental permits
1 application in Flanders since 2021 · 1 granted
Bouwen of herbouwen
Source: Omgevingsloket Vlaanderen.