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MADINE

Active Risk: not assessed
Private limited companyfounded 2023active for 3 yearsWagenmakerstraat(O) 11, 8553 Zwevegem, BelgiumKBO/BCE: BE 0802.325.206
Summary

MADINE 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 €167,173 and a net result of €73,940. Equity is growing by about 62% per year across the filed financial years. Its solvency ranks better than 93% of 9,728 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

History

On 1 June 2023, MADINE was incorporated as a private limited company.1 MASSCHELEIN Baptiste Willy Daniel has served as director of the company since 2023.2 Total assets went from €123,479 in 2023 to €177,515 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-06-2023
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
23-02
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2023 to 2025net €73,940 ▲73.7%
Operating result €132,403, net result €73,940, both a record.
31-12
Financial Liquidity more than doubledcurrent ratio 16.54
Current ratio from 6.82 to 16.54; short-term debt falls from €29,326 to €10,342.
31-12
Financial Equity above €150,000equity €167,173 ▲79.3%
A profit in every financial year since 2023 builds equity to €167,173.
10-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
01-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
05-06
Gazette deed Incorporation
Appointment: MASSCHELEIN Baptiste Willy Daniel (director) · Founding capital · Bank account5 facts ▸
  • Incorporation, 01-06-2023
  • Founding capital, €5,000
  • Bank account, “bijzondere rekening op naam van de vennootschap in oprichting, storting aanvangsvermogen” (deed in Dutch)
  • Director appointment, MASSCHELEIN Baptiste Willy Daniel (director (not named in the articles))
  • Founder, MASSCHELEIN Baptiste Willy Daniel
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read