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Madedo

Active
Private limited companyfounded 20214 yrs activeGentsestraat 22, 9520 Sint-Lievens-Houtem, BelgiumKBO/BCE: BE 0776.343.854

Madedo has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €7k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
78 / 100
Excellent▼ -22 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency69▼-31
Growth52=
Stability94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 3.34 in 2024), and 56.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
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
43.5%
Return on assets
10.2%
Age of the figures
8 mo
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 27-05-2026, 65 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
65 d early
2024
17 d early
2023
6 d late
2022
32 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€30k▼ 54.8%
2024 · €66k
2022: €28k 2023: €45k 2024: €66k
2022 → 2025
Total assets
€69k▼ 17.4%
2024 · €83k
2022: €45k 2023: €62k 2024: €83k
2022 → 2025
Net result
€7k▼ 69.6%
2024 · €23k
2022: €27k 2023: €18k 2024: €23k
2022 → 2025
Working capital
€6k▼ 84.7%
2024 · €40k
2022: €19k 2023: €26k 2024: €40k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€28k-€45k▲ 59.9%€66k▲ 48.0%€30k▼ 54.8%
Operating result€35k-€25k▼ 29.1%€31k▲ 26.5%€13k▼ 59.3%
Net result€27k-€18k▼ 30.7%€23k▲ 25.7%€7k▼ 69.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30kOperating result 2022: €35k€35kNet result 2022: €27k€27kOperating result 2023: €25k€25kNet result 2023: €18k€18kOperating result 2024: €31k€31kNet result 2024: €23k€23kOperating result 2025: €13k€13kNet result 2025: €7k€7k2022202320242025
The operating result falls in 2025; 2025 is 59% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets €24k▼ 8.5%
Current assets €45k▼ 21.4%
Equity and liabilities €69k
Equity €30k▼ 54.8%
Debt €39k▲ 127%
The debt ratio rises from 20.6% to 56.5%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €35k
Cash flow
€12k
2024 · €27k
Solvency
43.5%
2024 · 79.4%
Current ratio
1.16
2024 · 3.34
Quick ratio
1.16
2024 · 3.34
Debt / equity
1.30
2024 · 0.26
ROE
23.5%
2024 · 35.0%
ROA
10.2%
2024 · 27.8%
Interest coverage
7.20
2024 · 25.16
Debt
€39k
2024 · €17k
Debt ≤ 1 year
€39k
2024 · €17k
Income taxes
€3k
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€83k€69k
Fixed assets21/28€26k€24k
Tangible fixed assets22/27€26k€24k
Furniture and vehicles24€3k€3k
Other tangible fixed assets26€23k€20k
Current assets29/58€57k€45k
Amounts receivable within one year40/41€41k€37k
Trade receivables40€39k€34k
Other amounts receivable41€1k€3k
Cash at bank and in hand54/58€14k€4k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€83k€69k
Equity10/15€66k€30k
Contributions10/11€3k€3k=
Profit (loss) carried forward14€63k€27k
Amounts payable17/49€17k€39k
Amounts payable within one year42/48€17k€39k
Financial debts43€20€2k
Credit institutions430/8€20€2k
Trade debts44€5k€7k
Suppliers440/4€5k€7k
Taxes, remuneration and social security45€8k€11k
Taxes450/3€8k€11k
Other amounts payable47/48€4k€19k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k
Other operating charges640/8€1k€1k
Gross operating margin9900€36k€19k
Operating profit (loss)9901€31k€13k
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€30k€10k
Income taxes67/77€7k€3k
Profit (loss) for the period9904€23k€7k
Profit (loss) for the period to be appropriated9905€23k€7k
Appropriation of the result
Profit (loss) to be appropriated9906€65k€70k
Profit (loss) brought forward from the previous period14P€42k€63k
Profit to be distributed694/7€2k€43k
Return on contributions (dividend)694€2k€43k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €7k ▼69.6%
Net result drops to €7k, the lowest in the series.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Sint-Lievens-Houtem · 1 establishment unit since 2021
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gentsestraat 229520 Sint-Lievens-Houtem
Ground area
1,113 m²
Building footprint
173 m²
Volume, LiDAR
1,069 m³
Parcel 41080A0018/02V002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Madedo
Gentsestraat 22, 9520 Sint-Lievens-HoutemConstruction of residential and non-residential buildings
since 20212.323.727.545
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41080A0018/02V002 Flanders 1,113 m² 1 · 173 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

2023 · 1 entry · 1,344 EUR awarded · 1,344 EUR paid
Year Entries awardedpaid
2023 1 1,344 EUR1,344 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 1,344 EUR · 1,344 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 34,369 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-10-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43990Other specialised construction activities
43999Specialised construction activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.