ACTIVE

MADO

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Financial year 2025 · Closed on 30/06/2025

Net result159,8 k €-76,4 %over 1 year
Gross margin-25,3 k €-107,5 %over 1 year
Equity52,7 M €+0,3 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MADO is a Public limited company incorporated in 1991. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0443.817.560
Incorporation
03/04/1991
Legal form
Public limited company
Registered office
Onafhankelijkheidslaan 17
9000 Gent · FlandreSee on map
Contributed capital
10 000 000,00 €
Latest accounts
30/06/2025
Average workforce
0,0 ETP
Joint committees (1)
  • 100
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-25,3 k €339,7 k €-25,3 k €21,8 k €39,6 k €
EBITDA-42,9 k €320,8 k €-52 k €3,7 k €18 k €
Operating result-57,4 k €303,3 k €-76,8 k €-26,8 k €-12,6 k €
Net result159,8 k €676,6 k €398 k €346,8 k €259,2 k €
Balance sheet
Equity52,7 M €52,6 M €51,9 M €51,5 M €51,1 M €
Total assets53,4 M €53,6 M €52,9 M €51,9 M €52,9 M €
Cash292,5 k €2,2 M €5,7 M €4,8 M €7 M €
Debts711,4 k €1 M €994,5 k €386,5 k €1,7 M €
Other
Workforce0,0 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ann Myriam Donck
Director28/06/2024 → 15/12/2030
Frank Donck
Director28/06/2024 → 15/12/2030
Luc Vandenbulcke
Director28/06/2024 → 15/12/2030
Mathieu Vandenbulcke
Director28/06/2024 → 15/12/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Agnes DONCK
Director2019 accounts

Other companies at this address

Onafhankelijkheidslaan 17 9000 Gent
CompanyCBE no.
IMDOMA● Active
0425.371.526
IMMOBILIEN DONCK● Active
0443.852.895

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/07/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/06/202530/06/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months9 months12 months12 months12 months12 months
Filing date13/01/202630/01/202526/04/202428/04/202329/04/202230/04/2021
General meeting15/12/202513/12/202401/03/202401/03/202301/03/202201/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/06/202515/12/202513/01/2026DutchPDF
Abridged model30/06/202413/12/202430/01/2025DutchPDF
Abridged model30/09/202301/03/202426/04/2024DutchPDF
Abridged model30/09/202201/03/202328/04/2023DutchPDF
Abridged model30/09/202101/03/202229/04/2022DutchPDF
Abridged model30/09/202001/03/202130/04/2021DutchPDF
Abridged model30/09/201920/06/202029/06/2020DutchPDF
Abridged model30/09/201801/03/201926/04/2019DutchPDF
Abridged model30/09/201701/03/201827/04/2018DutchPDF
Abridged model30/09/201601/03/201728/04/2017DutchPDF
Abridged model30/09/201501/03/201601/04/2016DutchPDF
Abridged model30/09/201402/03/201531/03/2015DutchPDF
Abridged model30/09/201301/03/201429/04/2014DutchPDF
Abridged model30/09/201201/03/201313/05/2013DutchPDF
Abridged model30/09/201101/03/201227/04/2012DutchPDF
Abridged model30/09/201004/04/201127/04/2011DutchPDF
Abridged model30/09/200901/03/201022/04/2010DutchPDF
Abridged model30/09/200801/03/200927/03/2009DutchPDF
Abridged model30/09/200701/03/200822/04/2008DutchPDF
Abridged model30/09/200601/03/200713/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/06/2025

4 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Ann Myriam Donck
Director28/06/2024 → 15/12/2030
Frank Donck
Director28/06/2024 → 15/12/2030
Luc Vandenbulcke
Director28/06/2024 → 15/12/2030
Mathieu Vandenbulcke
Director28/06/2024 → 15/12/2030

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Agnes DONCK
Director2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates24/07/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/05/2009
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares19/09/2007
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates24/07/2003
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2003
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings20 filings
Mandates
Frank Donck
Luc Vandenbulcke
Mathieu Vandenbulcke
Ann Myriam Donck
IMDOMA
Maria DONCK
Agnes DONCK
1991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
MADO
Onafhankelijkheidslaan 17, 9000 Gent
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Onafhankelijkheidslaan 17, 9000 GentCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00009864

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
MADOCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00009864

Events

  1. 2025
    Annual accounts 2025159,8 k €↓
  2. 2024
    Annual accounts 2024676,6 k €↑
  3. 28/06/2024
    nominationDONCK Ann Myriam · bestuurder categorie A
  4. 28/06/2024
    nominationDONCK Frank Cornelius · bestuurder categorie A
  5. 28/06/2024
    nominationVANDENBULCKE Luc Louis Joseph Cornelius · bestuurder categorie B
  6. 28/06/2024
    nominationVANDENBULCKE Mathieu Joseph Marie Cornelius · bestuurder categorie B
  7. 2023
    Annual accounts 2023398 k €↑
  8. 2022
    Annual accounts 2022346,8 k €↑
  9. 15/11/2021
    autreMaria Donck
  10. 2021
    Annual accounts 2021259,2 k €↓
  11. 2020
    Annual accounts 2020291,9 k €↓
  12. 2019
    Annual accounts 2019363,4 k €↓
  13. 2018
    Annual accounts 2018856,3 k €↑
  14. 2017
    Annual accounts 2017477,9 k €↓
  15. 2016
    Annual accounts 2016898,4 k €↓
  16. 2015
    Annual accounts 20151,3 M €↑
  17. 2014
    Annual accounts 2014985,7 k €↓
  18. 2013
    Annual accounts 20131,8 M €↓
  19. 2012
    Annual accounts 20122 M €↑
  20. 2011
    Annual accounts 20111,8 M €↑
  21. 2010
    Annual accounts 20101,6 M €↓
  22. 2009
    Annual accounts 20091,7 M €↓
  23. 2008
    Annual accounts 20081,9 M €↑
  24. 2007
    Annual accounts 20071,8 M €↓
  25. 2006
    Annual accounts 200624,1 M €
  26. 03/04/1991
    IncorporationPublic limited company