MADEFRU
ActiveSummary
MADEFRU has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350,532 and a net result of €63,267. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 17% of 2,073 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-01-2004 Normal situation
- Activity
- Growing of pome and stone fruits NACE 01240and 4 others
- Joint committee
- 145 Paritair Comité voor het tuinbouwbedrijf · annual accounts 30-09-2025
- Establishment unit
- 2.135.701.359 3540 Herk-de-Stad, since 03-12-2003
- Financial year end
- 30 September
- Peppol
- Reachable since 12-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
Annual accounts to 30-09-2025
- Gross margin
- €938,533
- ▼ 44.3%
- Turnover
- ≈ €2.3m
- estimated
- Profit
- €63,267
- ▲ 3.2%
- Equity
- €350,532
- ▲ 22.0%
- Total assets
- €2.9m
- ▲ 34.4%
- Employees on 30-09-2025
- 64
- ▲ 56.1%
Score breakdownraises riskEquity €350,532 (12.2% of total assets)Liquidity: current ratio 1.08, cash €62,869, halvedSize: 18.2 FTE, total assets €2.9mlowers riskFigures for financial year 2025 (filed on 28-04-2026)Show the evidence
Checked score
Score 2025
68
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 37% of small companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Weak
Solvency
37-1
equity 12.2% of total assets
Liquidity
10-15
short-term debt 79.0% · cash 2.2%
Profitability
72=
return on assets 2.2%
Bankruptcy probability within 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.8%
01-2025: 2.5%▲ +0.7 percentage points vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025highest value
04-2025: 2.2%▼ -0.3 percentage points vs 03-2025
05-2025: 0.4%▼ -1.8 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025lowest value
08-2025: 0.4%● unchanged vs 07-2025lowest value
09-2025: 0.4%● unchanged vs 08-2025lowest value
10-2025: 0.4%● unchanged vs 09-2025lowest value
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.7%▲ +0.2 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.08 (1.13 in 2024), below the usual 1.5. Short-term debt is 79% and cash 2.2% of total assets. 87.8% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 01, small). It does better than 17% of them on solvency, 6% on liquidity, 50% on profitability and 73% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2073 sector peers (2025).
NBB · sector comparisonPosition among 2073 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
2 days early
2022
13 days early
2021
29 days late
2020
118 days late
2019
64 days late
2018
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 28-04-2026 PDF all 21 filings
Turnover
≈ €2.3m
Estimated: probably between €1.7m and €2.8m
Total assets
€2.9m▲ 34.4%
2024 · €2.1m
Net result
€63,267▲ 3.2%
2024 · €61,309
Working capital
€183,731▼ 7.8%
2024 · €199,320
In the rankings
#3 company by total assets in Herk-de-Stad, Agriculture, forestry and fishing sector#8 oldest company in Herk-de-Stad, Agriculture, forestry and fishing sector
Multi-year overview
2018 to 2025, 7 financial yearsOperating result
€90,155
▼ 18.9%
2025
20182025
Net result
€63,267
▲ 3.2%
2025
middle half of the sector
20182025
Equity
€350,532
▲ 22.0%
2025
middle half of the sector
20182025
Total assets
€2.9m
▲ 34.4%
2025
middle half of the sector
20182025
Debt
€2.5m
▲ 36.4%
2025
20182025
Working capital
€183,731
▼ 7.8%
2025
middle half of the sector
20182025
Solvency
12.2%
▼ 1.2pp
2025
lowest quarter of the sector
20182025
Current ratio
1.08
▼ 0.05
2025
middle half of the sector
20182025
Return on assets (ROA)
2.2%
▼ 0.7pp
2025
middle half of the sector
20182025
Staff (FTE)
18.2
▼ 18.4%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220242025
Operating result€0.08m-€0.01m▼ 87.5%€0.05m▲ 401%€0.03m▼ 37.3%€0.05m▲ 59.1%€0.1m-€0.09m▼ 18.9%
Net result€0.07m-€0.005m▼ 92.5%€0.01mwithin the sector's middle half▲ 175%€0.01mwithin the sector's middle half▼ 2.8%€0.04mwithin the sector's middle half▲ 154%€0.06mwithin the sector's middle half-€0.06mwithin the sector's middle half▲ 3.2%
Equity€0.2m-€0.2m▲ 3.3%€0.2mwithin the sector's middle half▲ 8.9%€0.2mwithin the sector's middle half▲ 7.9%€0.2mwithin the sector's middle half▲ 18.7%€0.3mwithin the sector's middle half-€0.4mwithin the sector's middle half▲ 22.0%
Total assets€1.0m-€1.2m▲ 18.1%€1.3mwithin the sector's middle half▲ 16.0%€1.6mwithin the sector's middle half▲ 21.1%€1.4mwithin the sector's middle half▼ 15.7%€2.1mwithin the sector's middle half-€2.9mwithin the sector's middle half▲ 34.4%
Debt€0.8m-€1.0m▲ 20.9%€1.2m▲ 17.2%€1.4m▲ 23.1%€1.1m▼ 20.3%€1.8m-€2.5m▲ 36.4%
Working capital€0.01m--€0.05m-€0.1mbelow the sector's middle half▼ 131%-€0.06mwithin the sector's middle half▲ 44.5%-€0.02mwithin the sector's middle half▲ 61.4%€0.2mwithin the sector's middle half-€0.2mwithin the sector's middle half▼ 7.8%
Solvency16.0%-14.0%▼ 2.0pp13.2%below the sector's middle half▼ 0.9pp11.7%below the sector's middle half▼ 1.4pp16.5%within the sector's middle half▲ 4.8pp13.5%below the sector's middle half-12.2%below the sector's middle half▼ 1.2pp
Current ratio1.02-0.94▼ 0.080.89within the sector's middle half▼ 0.050.95within the sector's middle half▲ 0.060.98within the sector's middle half▲ 0.021.13within the sector's middle half-1.08within the sector's middle half▼ 0.05
Return on assets (ROA)7.1%-0.5%▼ 6.7pp1.1%within the sector's middle half▲ 0.6pp0.9%within the sector's middle half▼ 0.2pp2.6%within the sector's middle half▲ 1.7pp2.9%within the sector's middle half-2.2%within the sector's middle half▼ 0.7pp
Staff (FTE)14.6-19.7▲ 34.9%16.8above the sector's middle half▼ 14.7%17.1above the sector's middle half▲ 1.8%20.2above the sector's middle half▲ 18.1%22.3above the sector's middle half-18.2above the sector's middle half▼ 18.4%
above
within
below
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 19% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.9m
Fixed assets
€417,709 ▲ 9.0%
Current assets
€2.5m ▲ 40.0%
Equity and liabilities €2.9m
Equity
€350,532 ▲ 22.0%
Debt
€2.5m ▲ 36.4%
Debt's share of the balance-sheet total rises from 86.5% to 87.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€206,319▼
2024 · €279,849
Cash flow
€179,431▼
2024 · €229,996
Quick ratio
1.07▼
2024 · 1.12
Debt to equity
7.18▲
2024 · 6.43
ROE
18.0%▼
2024 · 21.3%
Interest coverage
34.09▲
2024 · 24.35
Debt ≤ 1 year
€2.3m▲
2024 · €1.6m
Debt > 1 year
€50,000▼
2024 · €79,200
Income taxes
€33,754▼
2024 · €40,002
Staff costs
€722,976▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 5 | 41 | 64 |
| full-time | 2 | 2 | 2 | 3 |
| part-time | - | 3 | 39 | 61 |
| in full-time equivalents | 2 | 2.3 | 7.4 | 10.8 |
| Average over the year, in full-time equivalents | 17.1 | 20.2 | 22.3 | 18.2 |
| On a permanent contract | 2 | 5 | 38 | 58 |
| Joined | 112 | 98 | 205 | 97 |
| Left | 116 | 95 | 169 | 74 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €12,677 | €185,299 | €197,817 | €150,820 |
| Depreciation and write-downs of the year | €90,690 | €73,143 | €168,688 | €116,164 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2024 · 3 entries · €24,095 awarded · €24,095 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €10,053 | €10,053 |
| 2023 | 1 | €8,713 | €8,713 |
| 2022 | 1 | €5,329 | €5,329 |
Schemes
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.007m | €8 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.5m | €0.6m | €1.4m | €0.7m | ▼ 48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.09m | €0.09m | €0.09m | €0.07m | €0.2m | €0.1m | ▼ 31.1% |
| Other operating charges640/8 | - | - | - | €0.007m | €0.003m | €0.008m | €0.009m | ▲ 13.5% |
| Non-recurring operating charges66A | - | - | - | €0.07m | €0.07m | - | €2 | - |
| Gross operating margin9900 | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | €1.7m | €0.9m | ▼ 44.3% |
| Operating profit (loss)9901 | €0.08m | €0.01m | €0.05m | €0.03m | €0.05m | €0.1m | €0.09m | ▼ 18.9% |
| Financial income75/76B | - | - | - | €386 | €422 | €0.002m | €0.01m | ▲ 687% |
| Recurring financial income75 | €274 | €0.001m | €12 | €386 | €422 | €0.002m | €0.01m | ▲ 687% |
| Financial charges65/66B | - | - | - | €0.002m | €0.002m | €0.01m | €0.006m | ▼ 47.3% |
| Recurring financial charges65 | €0.002m | €0.004m | €0.03m | €0.002m | €0.002m | €0.01m | €0.006m | ▼ 47.3% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.007m | €0.02m | €0.03m | €0.05m | €0.1m | €0.1m | ▼ 4.2% |
| Income taxes67/77 | €0.007m | €0.001m | €0.002m | €0.02m | €0.01m | €0.04m | €0.03m | ▼ 15.6% |
| Profit (loss) for the period9904 | €0.07m | €0.005m | €0.01m | €0.01m | €0.04m | €0.06m | €0.06m | ▲ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.005m | €0.01m | €0.01m | €0.04m | €0.06m | €0.06m | ▲ 3.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.2m | €1.3m | €1.6m | €1.4m | €2.1m | €2.9m | ▲ 34.4% |
| Fixed assets21/28 | €0.3m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 9.0% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.4m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 9.0% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | ▼ 0.5% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.07m | €0.04m | €0.07m | ▲ 66.7% |
| Other tangible fixed assets26 | - | - | - | €0.01m | €0.02m | €0.01m | €0.02m | ▲ 88.5% |
| Financial fixed assets28 | €0.03m | €0.03m | - | - | - | - | - | - |
| Current assets29/58 | €0.6m | €0.8m | €1.0m | €1.3m | €1.0m | €1.8m | €2.5m | ▲ 40.0% |
| Stocks and contracts in progress3 | - | €0.009m | €0.1m | €0.2m | €0.02m | €0.01m | €0.03m | ▲ 255% |
| Stocks30/36 | - | - | - | €0.2m | €0.02m | €0.01m | €0.01m | ▼ 1.2% |
| Contracts in progress37 | - | - | - | - | - | - | €0.03m | - |
| Amounts receivable within one year40/41 | €0.6m | €0.8m | €0.8m | €1.1m | €0.7m | €1.3m | €1.8m | ▲ 43.3% |
| Trade receivables40 | - | - | - | €1.0m | €0.6m | €0.5m | €1.4m | ▲ 170% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.1m | €0.8m | €0.4m | ▼ 46.1% |
| Current investments50/53 | - | - | - | - | €0.1m | €55 | €0.3m | ▲ 5,480× |
| Cash at bank and in hand54/58 | €0.07m | €0.01m | €0.03m | €0.01m | €0.1m | €0.2m | €0.06m | ▼ 74.2% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | €0.005m | €0.2m | €0.2m | ▲ 0.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.2m | €1.3m | €1.6m | €1.4m | €2.1m | €2.9m | ▲ 34.4% |
| Equity10/15 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 22.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 23.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 23.5% |
| Amounts payable17/49 | €0.8m | €1.0m | €1.2m | €1.4m | €1.1m | €1.8m | €2.5m | ▲ 36.4% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.09m | €0.04m | €0.1m | €0.08m | €0.05m | ▼ 36.9% |
| Financial debts170/4 | - | - | - | €0.04m | €0.1m | €0.08m | €0.05m | ▼ 36.9% |
| Amounts payable within one year42/48 | €0.6m | €0.9m | €1.1m | €1.4m | €1.0m | €1.6m | €2.3m | ▲ 46.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.04m | €0.03m | €0.03m | = |
| Trade debts44 | €0.5m | €0.7m | €1.0m | €1.3m | €0.9m | €1.1m | €1.5m | ▲ 32.9% |
| Suppliers440/4 | - | - | - | €1.3m | €0.9m | €1.1m | €1.5m | ▲ 32.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | €0.07m | €0.4m | €0.5m | ▲ 33.3% |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.08m | €0.1m | ▲ 74.9% |
| Remuneration and social security454/9 | - | - | - | €0.01m | €0.03m | €0.3m | €0.3m | ▲ 21.6% |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.03m | €0.05m | €0.3m | ▲ 463% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €0.2m | €0.2m | ▼ 6.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,754 | €5,244 | €14,403 | €14,005 | €35,621 | €61,309 | €63,267 | ▲ 3.2% |
| + Depreciation and write-downs630 | €104,005 | €92,436 | €93,838 | €90,690 | €73,143 | €168,688 | €116,164 | ▼ 31.1% |
| Operating cash flow (approximation) | €173,758 | €97,680 | €108,240 | €104,695 | €108,765 | €229,996 | €179,431 | ▼ 22.0% |
| Investment in fixed assets (approximation) | - | -€101,254 | -€120,226 | -€6,679 | -€175,586 | - | -€150,820 | - |
| Change in cash | - | -€56,825 | €17,384 | -€18,619 | €98,314 | - | -€180,610 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 4,685 companies had the same profile as MADEFRU has now. Two years later, 96.9% were still going and 1.1% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
96.9%
was still going
1.9%
stopped otherwise
1.1%
went bankrupt
That fits the bankruptcy probability of MADEFRU itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,685 companies, not a prediction for MADEFRU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 28-04-2026 | 2026-00090160 | |
| 30-09-2024 | abbreviated format | 28-04-2025 | 2025-00077010 | |
| 31-12-2022 | abbreviated format | 18-07-2023 | 2023-00244019 | |
| 31-12-2021 | abbreviated format | 29-08-2022 | 2022-20398638 | |
| 31-12-2020 | abbreviated format | 26-11-2021 | 2021-78500026 | |
| 31-12-2019 | abbreviated format | 03-10-2020 | 2020-59900164 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-53200465 | |
| 31-12-2017 | abbreviated format | 28-08-2018 | 2018-50600570 | |
| 31-12-2016 | abbreviated format | 28-08-2017 | 2017-48000539 | |
| 31-12-2015 | abbreviated format | 27-08-2016 | 2016-48000187 |
Board & ownership
Directors
Directors
1 director, last change in 2024
DEBRUYN Marcoen Jozef Monique
Current
Director (not named in the articles) · since 30-01-2024 · earlier manager (not named in the articles), until 02-02-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 28-04-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 02-02-2024Owners and capital
Capital transactions
Capital over time
- 02-02-2024 Converted to unavailable equity
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEBRUYN Marcoen Jozef Monique |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “1, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”
Articles of association, deed of 02-02-2024 (in Dutch)
Network & group
MADEFRU shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of MADEFRU. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-04
abbreviated format · 2 days before the deadline
2025
28-04
abbreviated format · 2 days before the deadline
2024
02-02
Gazette deed
Change of role: DEBRUYN Marcoen Jozef Monique, from manager to directorAmendment of the articles · Capital conversion · Capital16 points ▸
Gazette deed
Change of role: DEBRUYN Marcoen Jozef Monique, from manager to director
Amendment of the articles · Capital conversion · Capital16 points ▸
- General meeting, 29-12-2023
- Amendment of the articles, “Artikel 23.Boekjaar” (deed in Dutch)
- Amendment of the articles, “Artikel 16.Organisatie en bijeenroeping” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, aanpassen statuten aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Amendment of the articles, “volledig nieuwe statuten” (deed in Dutch)
- Other provision, “terminologie en ongewijzigde bepalingen, voorwerp” (deed in Dutch)
- Other provision, “vaststelling tekst nieuwe statuten” (deed in Dutch)
- Capital
- Other provision, 01-01-2023, “verlenging lopend boekjaar” (deed in Dutch)
- Power of attorney, Emmanuel BEELEN
- The act holds 4 more points.
2023
18-07
abbreviated format · 13 days before the deadline
2022
31-12
Financial
Equity above €200,000equity €225,957 ▲18.7%
With a profit in every financial year since 2018, equity grows to €225,957.
29-08
abbreviated format · 29 days late
2021
26-11
abbreviated format · 118 days late
2020
03-10
abbreviated format · 64 days late
2019
31-12
Financial
Weakest financial yearnet €5,244 ▼92.5%
The net result drops to €5,244, the lowest from 2018 to 2025. It recovers the following year.
29-08
abbreviated format · 29 days late
2018
28-08
abbreviated format · 28 days late
2017
28-08
abbreviated format · 28 days late
2016
27-08
abbreviated format · 27 days late
2004
15-01
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
Register details
Identity
KBO recordName
MADEFRU in Dutch
Enterprise number
0862.515.090
Legal form
Private limited company
Status
Active, normale toestand
Founded
07-01-2004
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-02-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, bestuursorgaan”
“Vlaamse Gewest, bij enkel besluit van bestuursorgaan”
deed of 02-02-2024 (in Dutch)Registered office and establishments
Registered office
Popelierestraat 14, 3540 Herk-de-Stad, Belgium
Establishment unit
MADEFRU, Popelierestraat 13, 3540 Herk-de-Stad since 03-12-2003 · unit number 2.135.701.359
Activities
NACEBEL 2025VAT activities
01240
Growing of pome and stone fruits main activity
01130
Growing of vegetables, melons, roots and tubers
01610
Support activities for crop production
01630
Crop and animal production, hunting and related service activities
96999
Other personal services
Social security (RSZ) activities
01240
Growing of pome and stone fruits main activity
Codes under NACEBEL 2008
VAT activities
01240
Growing of pome and stone fruits main activity
01130
Growing of vegetables, melons, roots and tubers
01610
Support activities for crop production
01630
Crop and animal production, hunting and related service activities
96099
Personal service activities
Social security (RSZ) activities
01240
Growing of pome and stone fruits main activity
Codes under NACEBEL 2003
VAT activities
01130
main activity
01121
Social security (RSZ) activities
01130
main activity
Joint committee
145 Paritair Comité voor het tuinbouwbedrijf annual accounts 30-09-2025
Invoicing and payment
VAT number
BE 0862.515.090
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of March at 19:00
deed of 02-02-2024 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteHerk-de-Stadunit number 2.135.701.359
Sites & property
Location
Buildings and parcels at the addresses
Ground area
5,124 m²
Building footprint
367 m²
Building volume
2,007 m³
Tallest building: 10.6 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71024C0217/00H000 | Flanders | 3,293 m² | 1 · 159 m² | 10.6 m · 2 |
| 71024C0202/00E000 | Flanders | 1,831 m² | 1 · 208 m² | 9.8 m · 2 |