MADELL
Timeline
19 events since 2017Board
Filings
Financial
Establishments
Address
20182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 76 days late
Annual accounts 2024 filed PDFmicro format · 168 days late
2025
Liquidity more than doubled current ratio 3.28 The current ratio rises from 1.43 to 3.28. Short-term debt falls from €506,647 to €103,017.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0681636024
2024
Highest result from 2018 to 2025 net €119,610 ▲540% The operating result of €147,694 and the net result of €119,610 are both a record.
Equity above €200,000 equity €228,615 ▲70.3% After 5 profitable years in a row, equity reaches €228,615.
Annual accounts 2023 filed PDFmicro format · 134 days late
2023
Annual accounts 2022 filed PDFmicro format · 52 days late
2022
Equity above €100,000 equity €107,921 ▲62.7% After 3 profitable years in a row, equity reaches €107,921.
Annual accounts 2021 filed PDFmicro format · 143 days late
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
Change of role: EL M’KADDEM Said, from manager to directorResignation: EL KHAZROUNI Soumaya (manager) · Director discharge: EL KHAZROUNI Soumaya · Director discharge: EL M’KADDEM Said · General meeting of 11-06-20217 points ▸
- General meeting, 11-06-2021
- Director resignation, EL KHAZROUNI Soumaya (manager)
- Director resignation, EL M’KADDEM Said (manager)
- Director appointment, EL M’KADDEM Said
- Director discharge, EL KHAZROUNI Soumaya
- Director discharge, EL M’KADDEM Said
- Registered office clause, avenue de la Métrologie 6, 1130 Bruxelles
- The deed holds 3 more points.
2020
Back to profit net €15,269 The net result is €15,269, after one loss-making year.
Annual accounts 2019 filed PDFmicro format · 112 days late
2019
Weakest financial year net -€4,190 The net result drops to -€4,190, the lowest from 2018 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFmicro format · 28 days late
Registered office moved from Anderlecht to HarenNew registered office: Avenue de la Métrologie 6-1130 Haren · Previous registered office: Avenue Docteur Lemoine, 11/b4, 1070 Anderlecht · General meeting of 26-12-20182 points ▸
- General meeting, 26-12-2018
- Registered-office move, Avenue de la Métrologie 6-1130 Haren
2017
IncorporationFounders: EL M’KADDEM Said and EL KHAZROUNI Soumaya · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: EL M’KADDEM Said (manager) · published on 25-09-20175 points ▸
- Capital, €18,600, 100 shares
- Director appointment, EL M’KADDEM Said (manager)
- Founder, EL M’KADDEM Said
- Founder, EL KHAZROUNI Soumaya
- Founding capital, €18,600, 100 shares
- The deed holds 7 more points.
First establishment MAD DECOR, Metrologielaan 6, Brussels
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 21 September 2017, MADELL was incorporated.1 In 2019 the registered office moved to Haren.2 EL M’KADDEM Said has served as director since 2021.3 Total assets went from €74,655 in 2018 to €342,056 in 2025.4