Turnover
≈ €150,000 estimated
The micro format states no turnover.
Madello
Overview
Lifetime
1 annual account with figurespeak €36,686 (2025)
€36,686
peak €28,948 (2025)
€28,948
peak €33,948 (2025)
€33,948
€101,559
Board2 names since 2024
2 directorsMADHAVAN BHARATHI Elango and 1 other
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€101,559 75% of the balance sheet
Suppliers 19%Taxes and wages 21%Other 59%
Of this, €41,559 falls due within a year.
Starting capital
€5,000 100 shares
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Two signals.
raises riskneutral
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
9 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- MADHAVAN BHARATHI Elango 51 sharesdeed of 27-12-2024
- SWAMINATHAN Devipriya 49 sharesdeed of 27-12-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017871577
Incorporation
Founding capital of €5,000, 100 shares · Founders: MADHAVAN BHARATHI Elango and SWAMINATHAN Devipriya · Appointments: MADHAVAN BHARATHI Elango (director) and SWAMINATHAN Devipriya (director) · published on 27-12-2024 · Gazette deed
First establishment
Veldbornstraat 76, Tienen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Madello Tienen | €135,507 | €36,686 | 25.1% | - |
| THOMARVIC Grimbergen | €131,899 | €31,624 | 19.6% | - |
| Jarila Leuven | €154,345 | €45,515 | 23.4% | - |
| Twenty-Two Consulting Oudenaarde | €139,313 | €37,894 | 21.5% | - |
| WIVINVEST Sprimont | €146,324 | €36,682 | 19.7% | - |
| MindRacing Wielsbeke | €143,091 | €39,544 | 16.3% | - |
| OUTDOOR POWER EXPERTS Kapellen | €121,911 | €37,380 | 20.8% | - |
These companies have the same main activity as Madello: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €122,000 and €154,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 23-12-2024Normal situation
- Activity
- Activities of holding companiesNACE 64210and 3 others
- Establishment unit
- 2.368.286.5733300 Tienen, since 23-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-08-2025
Annual accounts 2025
- €28,948
- €33,948
- €135,507
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on Madello
Madello 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 €33,948 and a net result of €28,948.
Its solvency ranks better than 29% of 9,770 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 22-07-2026, 9 days before the deadline€33,948
€135,507
€28,948
25.1%
85.3%
21.4%
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
balance sheet total €135,507 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
25.1%
Higher than 29% of 9,770 companies in 2025.
21.4%
Higher than 69% of 9,624 companies in 2025.
Madello
Middle half of the sector
80% of the sector
Micro accounts in financial services (NACE 64)
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
135,507 | |
21/28 |
1,586 | |
22/27 |
1,586 | |
23 |
1,586 | |
29/58 |
133,921 | |
40/41 |
63,944 | |
40 |
24,200 | |
41 |
39,744 | |
54/58 |
69,727 | |
490/1 |
250 | |
| Balance sheet: equity and liabilities | ||
10/49 |
135,507 | |
10/15 |
33,948 | |
10/11 |
5,000 | |
13 |
28,948 | |
133 |
28,948 | |
17/49 |
101,559 | |
42/48 |
41,559 | |
44 |
19,755 | |
440/4 |
19,755 | |
45 |
21,804 | |
450/3 |
21,804 | |
492/3 |
60,000 | |
| Income statement | ||
9900 |
36,686 | |
630 |
115 | |
640/8 |
400 | |
9901 |
36,170 | |
75/76B |
1,241 | |
75 |
1,241 | |
65/66B |
127 | |
65 |
127 | |
9903 |
37,284 | |
67/77 |
8,336 | |
9904 |
28,948 | |
9905 |
28,948 | |
| Appropriation of the result | ||
9906 |
28,948 | |
691/2 |
28,948 | |
6921 |
28,948 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00316397 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 1,702 | ||
| 25.1% | ||
| 85.3% | ||
| 21.4% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,702 |
| €115 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Madello
Debt's share of the balance-sheet total is 74.9%.
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
appointed by deed of 27-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 22-07-2026
Director (not named in the articles)
appointed by deed of 27-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 22-07-2026
Mandates through the years
2 names, the dashed line is todayMADHAVAN BHARATHI Elango
Director (not named in the articles)
Director (not named in the articles)
SWAMINATHAN Devipriya
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- MADHAVAN BHARATHI Elango
- Director (not named in the articles), appointed by deed of 27-12-2024, still in office
- SWAMINATHAN Devipriya
- Director (not named in the articles), appointed by deed of 27-12-2024, still in office
Control
This company
Madello
Equity €33,948
Profit €28,948 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €339 in 2025
- Source
- deed of 27-12-2024
Articles of association
deed of 27-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 27-12-2024 ↗
- MADHAVAN BHARATHI Elango 51 shares (51%) · €2,550
- SWAMINATHAN Devipriya 49 shares (49%) · €2,450
Network & group
No group
Madello has no parent and no holdings in its annual accounts. Madello shares no director with another company.
At the same address
Veldbornstraat 76, 3300 Tienen · 2 other companies| MADELLO CONSULTING
registered office since 17-10-2018 · founded in 2018 |
18 FTE (2025) 0711.787.879 |
| Nammy Foundation
registered office since 22-06-2022 |
founded in 2022 0787.548.740 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 9 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017871577
2024
IncorporationFounding capital of €5,000, 100 shares · Founders: MADHAVAN BHARATHI Elango and SWAMINATHAN Devipriya · Appointments: MADHAVAN BHARATHI Elango (director) and SWAMINATHAN Devipriya (director) · published on 27-12-20247 points ▸
- Founder, MADHAVAN BHARATHI Elango
- Founder, SWAMINATHAN Devipriya
- Founding capital, €5,000, 100 shares
- Registered office clause, Veldbornstraat 76, 3300 Tienen
- Board rule, 2
- Director appointment, MADHAVAN BHARATHI Elango (director (not named in the articles))
- Director appointment, SWAMINATHAN Devipriya (director (not named in the articles))
- The deed holds 3 more points.
First establishment Veldbornstraat 76, Tienen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1017.871.577
- VAT number
- BE 1017.871.577
- Peppol ID
- 0208:1017871577
- Other Peppol ID
- 9925:BE1017871577
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 23-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Thursday of June at 10:00deed of 27-12-2024 (in Dutch)
- Peppol
- Reachable since 27-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Madello in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-12-2024 (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.
- “Vlaams Gewest”deed of 27-12-2024 (in Dutch)
Activities
NACEBEL 202564210
Activities of holding companies main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Veldbornstraat 76 registered office 3300 Tienen | 23-12-2024 | 2.368.286.573 |
Buildings and parcels at the address
- Ground area
- 266 m²
- Buildings
- 89 m²
- Volume, LiDAR
- 566 m³
- Tallest building
- 10.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24593H0112/00T003 | 266 m² | 1 · 89 m² | 10.3 m · 2 |