Equity
€19,349 ▼ 28.2%
MADSEA paid out €39,000 in dividends. That is 111% of the 2024 profit.
MADSEA
Lifetime
8 annual accounts with figures on one time axispeak €58,813 (2024)
€58,813▲ 130%
lowest -€13,579 (2020)
€34,987▲ 159%
peak €26,962 (2023)
€19,349▼ 28.2%
€39,391▲ 45.4%
Board1 name since 2017
1 director
Documentsfilings and deeds
07-10-202568 days late
2024micro format
Gross margin from €25,572 to €58,813Result from €13,505 to €34,987Dividend €39,000Equity from €26,962 to €19,349Debts from €27,100 to €39,391Cash from €1,699 to €11,414
Key points
from the 2024 annual accountsInvestments
€9,152 1.9 × depreciation
Green is investment, beige is depreciation.
Filings
8 annual accounts 104 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,969 companies had the same profile as MADSEA has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% 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 26,969 companies, not a prediction for MADSEA. 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 0208:0686655674
Change of role: , from manager to director
“La consultance,le coaching,la fourniture de services et toutes autres activités en relation avec la gestion…” (deed in French) · holds all the shares · General meeting of 31-10-2023 · Gazette deed
Registered office moved from Uccle to Ixelles
New registered office: 96, rue Souveraine à 1050 Ixelles · Previous registered office: Chaussée d'Alsemberg 999 bte 9 1180 Uccle · General meeting of 02-12-2020 · Gazette deed
Incorporation
Founding capital of €18,600, 186 shares · Founder: (partner) · Appointment: (manager) · published on 22-12-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MADSEA Ixelles | €58,740 | €58,813 | 32.9% | - |
| FinTax Expert Brussels | €57,048 | €56,317 | 61.5% | - |
| BIZ CONSULTING & CO Watermael-Boitsfort | €64,320 | €56,252 | -29.0% | - |
| CROP PROTECTION AGRICULTURE CONSULTING Brussels | €65,523 | €58,132 | -81.2% | - |
| MATH TECH Auderghem | €57,952 | €50,952 | 4.9% | - |
| Gresentis Sint-Gillis (bij-Brussel) | €69,155 | €57,433 | 35.5% | - |
| QuantData Watermael-Boitsfort | €64,350 | €55,432 | 92.7% | - |
These companies have the same main activity as MADSEA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €57,000 and €69,200, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 20-12-2017Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.271.476.7141050 Ixelles, since 20-12-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 10-01-2026
Insights on MADSEA
MADSEA files the micro format. That format states no turnover. The gross margin rose from -€10,946 in 2017 to €58,813 in 2024.
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 MADSEA
- What is the company number of MADSEA?
- The company number of MADSEA is 0686.655.674. The VAT number is the same number with BE in front: BE 0686.655.674.
- Where is MADSEA based?
- The registered office is at Opperstraat 96, 1050 Ixelles.Company details
- What does MADSEA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MADSEA?
- MADSEA is a private limited company (BV).
- When was MADSEA founded?
- MADSEA was founded on 20-12-2017.
- Is MADSEA still active?
- Yes, MADSEA is an active enterprise in the KBO register.
- What is the turnover of MADSEA?
- The turnover in financial year 2024 is ≈ €120,000. This figure is estimated from the gross margin of €58,813 and 120 comparable companies (NACE 70200). It probably lies between €90,000 and €150,000.Financials
- Is MADSEA profitable?
- In financial year 2024, MADSEA made a profit of €34,987.
- Where can I find the annual accounts of MADSEA?
- MADSEA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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