Equity
€577,139 ▲ 33.6%
MADUF paid out €500,000 in dividends. That is 78% of the 2025 profit.
MADUF
Lifetime
4 annual accounts with figures on one time axispeak €1.5m (2025)
€1.5m▲ 7.5%
lowest -€331,833 (2022)
€645,130▲ 12.2%
peak €577,139 (2025)
€577,139▲ 33.6%
€7.9m▼ 3.9%
Board6 names since 2021
4 directors and 3 others
Owners2 names in the annual accounts
via 50% and 1 other
Documentsfilings and deeds
26-05-202666 days before the deadline
2025financial year
Registered office moved from Tournai to Toumai 30-10Dividend €500,000Equity from €432,009 to €577,139Cash from €306,708 to €558,496
Key points
from the 2025 annual accountsTurnover
≈ €2.6m estimated
The accounts state no turnover.
Debts
€7.9m 93% of the balance sheet
Financial debts 83%Suppliers 2%Taxes and wages 1%Other 14%
€6.5m of the debts are secured on the company's own assets. In 2023 that was €7.0m.
Investments
€12,924 0.0 × depreciation
Green is investment, beige is depreciation.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 42 to 75 days before the end of the period.
Position in the sector
6.8%
Lower solvency than 80% of companies in electricity, gas and steam. Sector median 27.4% · 244 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 167 companies had the same profile as MADUF has now. Each dot is one company, two years later.
97.0%
were still trading
1.8%
stopped another way
1.2%
went bankrupt
Test of the method
The method was tested on the 497,762 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 167 companies, not a prediction for MADUF. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director,
Director,
Director,
- 50%equity €64.0m (2025) · 2025 annual accounts of
- score equity €34.6m (2025) · 2025 annual accounts of
Recent changes
Reappointment: (company auditor)
General meeting of 04-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0775335351
Registered office moved from Tournai to Toumai
New registered office: rue As pois 4A, 7500 Toumai · Previous registered office: rue As pois 4D, 7500 Tournai · Reappointment: (company auditor) · Board meeting of 18-07-2025 · Gazette deed
Reappointment: (company auditor)
General meeting of 08-05-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MADUF Tournai | €8.5m | €1.5m | 6.8% | - |
| EOLIENNES DE LA FONTAINE Tournai | €12.4m | €1.8m | 5.2% | - |
| WINDLOG Tournai | €4.4m | €0.7m | 8.9% | - |
| EOLIENNE DE LA BATAILLE Tournai | €4.7m | €0.6m | -3.6% | - |
| EOLIENNE DE LA DUDULE Tournai | €6.4m | €0.4m | -6.6% | - |
| Aux Vents de Liège Ans | €4.3m | €0.5m | 33.4% | - |
| GOUYNRG Tournai | €30.8m | €2.6m | -4.2% | - |
These companies have the same main activity as MADUF: electricity, gas, steam and air conditioning supply (NACE 35150). They are comparable in size and age: total assets between €4.3m and €31m, founded between 2019 and 2023.
Official details
Source: KBO- Status
- Active since 05-10-2021Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 14 November 2026.
- Activity
- Electricity, gas, steam and air conditioning supplyNACE 35150and 4 others
- Establishment unit
- 2.323.740.3147522 Tournai, since 05-10-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- €8.5m▼ 1.8%
- Filing
- Filed on 26-05-2026, 66 days before the end of the filing period
Insights on MADUF
MADUF has existed since 2021. The present size dates from 2024. The gross margin rose that year from €684,235 to €1.4m.
The gross margin has grown every year since 2022.
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 MADUF
- What is the company number of MADUF?
- The company number of MADUF is 0775.335.351. The VAT number is the same number with BE in front: BE 0775.335.351.
- Where is MADUF based?
- The registered office is at Rue As-Pois 4A, 7500 Tournai.Company details
- What does MADUF do?
- According to the KBO register, the main activity is electricity, gas, steam and air conditioning supply (NACE 35150).
- What is the legal form of MADUF?
- MADUF is a private limited company (BV).
- When was MADUF founded?
- MADUF was founded on 05-10-2021.
- Is MADUF still active?
- Yes, MADUF is an active enterprise in the KBO register.
- What is the turnover of MADUF?
- The turnover in financial year 2025 is ≈ €2.6m. This figure is estimated from the gross margin of €1.5m and 1,564 comparable companies of the same size. It probably lies between €1.7m and €4.2m. It is a rough estimate.Financials
- Is MADUF profitable?
- In financial year 2025, MADUF made a profit of €645,130.
- Where can I find the annual accounts of MADUF?
- MADUF filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MADUF due?
- MADUF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.