Turnover
≈ €13,000 estimated
The micro format states no turnover.
MADRIAN
Lifetime
17 annual accounts with figures on one time axis, 21 filings since 2004peak €197,630 (2008)
€1,286▼ 25.9%
lowest -€95,007 (2008)
-€227▼ €3,377
peak €84,997 (2017)
€60,596▼ 0.4%
€2,245▲ 88.0%
peak 6 FTE (2008)
-not published
Board2 names since 2012
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €1,736 to €1,286Loss of €227Debts from €1,194 to €2,245
Key points
from the 2025 annual accountsFilings
21 annual accounts since 2004
Eight of the last ten came late. The 2019 accounts came latest: 60 days after the end of the period.
Position in the sector
96.4%
Higher solvency than 95% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as MADRIAN has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.5%
stopped another way
0.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for MADRIAN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0862033753
Change of role: , from manager to director
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 26-12-2023 · Gazette deed
Resignation: (manager)
Transfer of shares from to · holds all the shares · Director discharge: · General meeting of 31-12-2015 · Gazette deed
Incorporation
published on 12-12-2003 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MADRIAN Court-Saint-Etienne | €62,841 | €1,286 | 96.4% | - |
| HASEVOETS Zonhoven | €70,325 | -€1,948 | 85.4% | - |
| TRANSFORMATION, RENOVATION, TRAVAUX PLAFONNAGE Gembloux | €69,554 | -€26,714 | -31.1% | - |
| JANSSENS RUDOLF Heist-op-den-Berg | €66,154 | €1,319 | 94.6% | - |
| GREVENDONCK Lommel | €71,135 | -€3,879 | 45.6% | - |
| ROMABEL CONSTRUCT Anderlecht | €79,901 | €1,723 | 89.1% | - |
| ARTISAN BATIMENT FUTUR Blegny | €49,015 | -€1,273 | 22.2% | - |
These companies have the same main activity as MADRIAN: plastering work (NACE 43310). They are comparable in size and age: total assets between €49,000 and €79,900, founded between 1997 and 2007.
Official details
Source: KBO- Status
- Active since 05-12-2003Normal situation
- Activity
- Plastering workNACE 43310and 4 others
- Joint committee
- 124Construction · annual accounts 2023
- Establishment unit
- 2.136.014.6301490 Court-Saint-Etienne, since 05-12-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 10-03-2026
Insights on MADRIAN
MADRIAN files the micro format. That format states no turnover. The gross margin fell from €197,630 in 2008 to €1,286 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MADRIAN
- What is the company number of MADRIAN?
- The company number of MADRIAN is 0862.033.753. The VAT number is the same number with BE in front: BE 0862.033.753.
- Where is MADRIAN based?
- The registered office is at Avenue des Genêts 16, 1490 Court-Saint-Etienne.Company details
- What does MADRIAN do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of MADRIAN?
- MADRIAN is a private limited company (BV).
- When was MADRIAN founded?
- MADRIAN was founded on 05-12-2003.
- Is MADRIAN still active?
- Yes, MADRIAN is an active enterprise in the KBO register.
- How many employees does MADRIAN have?
- MADRIAN had an average of 0.1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does MADRIAN fall under?
- In its 2023 annual accounts, MADRIAN states joint committee 124 (Construction).
- What is the turnover of MADRIAN?
- The turnover in financial year 2025 is ≈ €13,000. This figure is estimated from the gross margin of €1,286 and 159 comparable companies (NACE 433). It probably lies between €7,500 and €27,000. It is a rough estimate.
- Is MADRIAN profitable?
- In financial year 2025, MADRIAN made a loss of €227.
- Where can I find the annual accounts of MADRIAN?
- MADRIAN filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MADRIAN due?
- MADRIAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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