MADIN
ActiveSummary
MADIN has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €43.4m and a net result of €274,240. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 90% of 9,641 sector peers (NACE 68, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Group and network
Holdings and subsidiaries
6 holdings · 12 subsidiaries in the treeHoldings 6
Source for every holding own accounts 2024
- HEVEBRAsubsidiaryEquity -€17.2mResult -€53.2m99.99%
- LUCA INVESTsubsidiaryEquity €2.9mResult €1.4m99.99%
- Equity -€136,497Result -€482,06320%
- Equity €270,617Result €163,59110%
- Equity €426,267Result €2.1m10%
- Equity €3.7mResult €1.1m10%
All subsidiaries, including indirect ones 12
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
HEVEBRA 99.99%10 subsidiaries
- HEVEBRA LLCUS 100%
- LATEXCO ASIA PACIFICSG 100%
- LATEXCO ESPANAES 100%
- IMMOLAT 99.99%
Novaya Belgium 99.97%1 subsidiary
- Talalay Global INCUS 100%
- Aum-Sleep 99.94%
- LATEXCO SPRINGS 99%
- LATEXCO SVERIGE ABSE 75%
- Novaya Solutions 51%
- LUCA INVEST 99.99%
According to the 2024 annual accounts of MADIN and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
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