Financials
- Financial year
- 2025
- Total assets
- €1.9m
- Profit
- €31,878
- Solvency
- 12.8%
Total assets▲ 7.0%
Net result
20182025
MADOLEX BELGIUM
ActiveSummary
MADOLEX BELGIUM has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248,089 and a net result of €31,878. Equity is shrinking by about 3% per year across the filed financial years. Its solvency ranks better than 17% of 482 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Activity
Repair and maintenance of other personal and household goods
NACE 95290Repair and maintenance of machinery NACE 33120
3rd fastest staff growth in Limburg, Repair of computers and personal goods sector2 sites
Size
≈ €9.4mturnover 2025, estimated
- Staff
- 60.7 FTE
- Equity
- €248,089
- Profit
- €31,878
Turnover estimated from the gross margin
Why 79raises riskEquity €248,089 (12.8% of total assets)Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)Size: 60.7 FTE, total assets €1.9mlowers riskFounded in 2000Show the evidence
Checked score
Score 2025
79
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 32% of its sector peers (NACE 95, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
38-3
equity 12.8% of total assets
Liquidity
29-6
short-term debt 74.8% · cash 15.6%
Profitability
43-11
return on assets 1.6%
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.0%
12-2024: 1.0%● unchanged vs 11-2024
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.1%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%▲ +0.2 percentage points vs 04-2025highest value
06-2025: 0.7%▼ -0.6 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.9%▲ +0.2 percentage points vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.5%▼ -0.4 percentage points vs 08-2026lowest value
10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €19,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.12, compared with 1.21 in 2024, below the usual 1.5; short-term debt: 74.8% and cash: 15.6% of total assets), and 87.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 95, medium-sized): better than 32% on solvency, 47% on liquidity, 32% on profitability and 18% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 482 sector peers (2025).
NBB · sector comparisonPosition among 482 sector peers
Solvency
better than 17%
← weakest
strongest →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
80 days early
2023
28 days early
2022
3 days early
2021
52 days early
2020
3 days early
2019
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days before the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Registered officeRegistered-office move · Registered office…
Key points
- Caution: Result fell in 2025from €119,307 to €31,878 ▼ 73.3% View
- Positive: 3rd fastest staff growth in Limburg, Repair of computers and personal goods…in the Checked rankings No. 3 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Controlled by GEB Holdultimately: Gembit Holding Venray BV 100% View
- Merger with RISK TO SAFETYmerger on 19-06-2024 2024 View
By topic
Board & ownership
- Board
- 2 members
- Parent
- GEB Hold · 100%
- Auditor
- BV VAN HAVERMAET BEDRIJFSREVISOREN
- GEB HoldManaging director
- SigitDirector
Network & group
- Group
- Gembit Holding Venray BV
- Subsidiaries
- 1
- Mergers and asset contributions
- 1
1 subsidiary
Timeline
- Events
- 35
- Since
- 2002
- Next accounts
- by 31-07-2027
- 03-07-2024Annual accounts filed
- 19-06-2024Capital & shares · Restructuring
- 21-03-2024Restructuring
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Repair and maintenance of other personal and household…NACE 95290
- Founded
- 02-10-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 9
See the provisions in the deeds
Go to Articles of associationKey facts about MADOLEX BELGIUM
- What is the company number of MADOLEX BELGIUM?
- 0472.881.829. In Belgium the VAT number is the company number with BE in front: BE 0472.881.829.
- Where is MADOLEX BELGIUM based?
- The registered office is at Thor Park 8027/207, 3600 Genk.Company details
- What does MADOLEX BELGIUM do?
- According to the KBO register, the main activity is repair and maintenance of other personal and household goods (NACE 95290).
- What is the legal form of MADOLEX BELGIUM?
- Public limited company (NV).
- When was MADOLEX BELGIUM founded?
- On 02-10-2000.
- Is MADOLEX BELGIUM still active?
- Yes, MADOLEX BELGIUM is an active enterprise in the KBO register.
- How many employees does MADOLEX BELGIUM have?
- On average 60.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MADOLEX BELGIUM?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MADOLEX BELGIUM profitable?
- In financial year 2025, MADOLEX BELGIUM made a profit of €31,878.
- Where can I find the annual accounts of MADOLEX BELGIUM?
- MADOLEX BELGIUM filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MADOLEX BELGIUM due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to MADOLEX BELGIUM
Parent and group
- GEB Hold100%
Subsidiaries and holdings
- RISK TO SAFETY100%
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- 't RETOUCHSKEBree
- INCARNOSint-Laureins
- 3T SERVICESSint-Niklaas
- Short-CircuitVielsalm
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