ACTIVE

MADIVO

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Financial year 2025 · Closed on 30/11/2025

Net result166,1 k €-18,8 %over 1 year
Gross margin899,6 k €+2,6 %over 1 year
Equity255,4 k €+0,4 %over 1 year
Workforce17,5 ETP-2,8 %over 1 year

Identity

Source · BCE/KBO

MADIVO is a Public limited company incorporated in 1994. Its registered office is in De Panne. It employs on average 17,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0451.807.390
Incorporation
24/01/1994
Legal form
Public limited company
Registered office
Zeelaan 114
8660 De Panne · FlandreSee on map
Contributed capital
148 736,11 €
Latest accounts
30/11/2025
Average workforce
17,5 ETP
Joint committees (3)
  • 201
  • 20100
  • 202
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin899,6 k €877,1 k €604,4 k €659,7 k €486,6 k €
EBITDA289,7 k €309,9 k €175,3 k €183,5 k €112,1 k €
Operating result227,5 k €264 k €133,1 k €140,1 k €18,4 k €
Net result166,1 k €204,7 k €117,8 k €119,1 k €14,8 k €
Balance sheet
Equity255,4 k €254,2 k €249,6 k €356,7 k €562,7 k €
Total assets1,2 M €1,2 M €989,1 k €1,3 M €1,2 M €
Cash77,8 k €56,1 k €68,3 k €105,9 k €87,3 k €
Debts972 k €927,1 k €708,1 k €868,4 k €589,8 k €
Other
Workforce17,5 ETP18,0 ETP13,3 ETP12,4 ETP14,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/11/2025

1 active · 30 ended

Active mandates

BEFICA

Director · since 03 avril 2018 · 0467.014.022

Represented by SALDEN DIETER

Active

Ended mandates

LAUMAN

Director · since 05 mai 2020 · 0470.095.454

Represented by Katleen Eggermont

Ended
LAUMAN

Director · since 05 mai 2020 · 0470.095.454

Represented by BV BEFICA

Ended
BEFICA

Director · since 03 avril 2018 · 0467.014.022

Represented by Dieter Salden

Ended
Dieter SALDEN

Managing director · since 03 avril 2012 · until 03 avril 2018

Ended

Other companies at this address

Zeelaan 114 8660 De Panne
CompanyCBE no.
Vereniging van Mede-eigenaars Residentie Aphrodite te De Panne, Zeelaan 114● Active
0829.503.319

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/12/202401/12/202301/12/202201/12/202101/12/202001/12/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202230/11/202130/11/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/04/202615/05/202524/04/202412/04/202316/05/202230/04/2021
General meeting03/03/202628/04/202516/04/202403/04/202305/04/202206/04/2021
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 model30/11/202503/03/202603/04/2026DutchPDF
Abridged model30/11/202428/04/202515/05/2025DutchPDF
Abridged model30/11/202316/04/202424/04/2024DutchPDF
Abridged model30/11/202203/04/202312/04/2023DutchPDF
Abridged model30/11/202105/04/202216/05/2022DutchPDF
Abridged model30/11/202006/04/202130/04/2021DutchPDF
Abridged model30/11/201907/04/202025/05/2020DutchPDF
Abridged model30/11/201802/04/201919/06/2019DutchPDF
Abridged model30/11/201703/04/201830/05/2018DutchPDF
Abridged model30/11/201604/04/201730/05/2017DutchPDF
Abridged model30/11/201505/04/201624/06/2016DutchPDF
Full model30/11/201419/05/201528/05/2015DutchPDF
Full model30/11/201301/04/201406/06/2014DutchPDF
Abridged model30/11/201202/04/201306/06/2013DutchPDF
Abridged model30/11/201103/04/201225/05/2012DutchPDF
Abridged model30/11/201005/04/201122/06/2011DutchPDF
Abridged model30/11/200906/04/201001/06/2010DutchPDF
Abridged model30/11/200807/04/200929/05/2009DutchPDF
Abridged model30/11/200701/04/200824/04/2008DutchPDF
Abridged model30/11/200615/05/200729/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/11/2025

1 active · 30 ended

Active mandates

BEFICA

Director · since 03 avril 2018 · 0467.014.022

Represented by SALDEN DIETER

Active

Ended mandates

LAUMAN

Director · since 05 mai 2020 · 0470.095.454

Represented by Katleen Eggermont

Ended
LAUMAN

Director · since 05 mai 2020 · 0470.095.454

Represented by BV BEFICA

Ended
BEFICA

Director · since 03 avril 2018 · 0467.014.022

Represented by Dieter Salden

Ended
Dieter SALDEN

Managing director · since 03 avril 2012 · until 03 avril 2018

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/07/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/06/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025166,1 k €↓
  2. 2024
    Annual accounts 2024204,7 k €↑
  3. 2023
    Annual accounts 2023117,8 k €↓
  4. 2022
    Annual accounts 2022119,1 k €↑
  5. 2021
    Annual accounts 202114,8 k €↓
  6. 2020
    Annual accounts 202040,8 k €↑
  7. 2019
    Annual accounts 201929,2 k €↑
  8. 2018
    Annual accounts 2018-43,3 k €↓
  9. 2017
    Annual accounts 2017-24,1 k €↓
  10. 2016
    Annual accounts 20162 k €↓
  11. 2015
    Annual accounts 20152,1 k €↓
  12. 2014
    Annual accounts 201488,1 k €↑
  13. 2013
    Annual accounts 201369,5 k €↑
  14. 2012
    Annual accounts 201215 k €↓
  15. 2011
    Annual accounts 201125 k €↑
  16. 2010
    Annual accounts 2010-3,6 k €↓
  17. 2009
    Annual accounts 200912,1 k €↓
  18. 2008
    Annual accounts 200838,1 k €↓
  19. 2007
    Annual accounts 200760,4 k €↑
  20. 2006
    Annual accounts 20066,7 k €
  21. 24/01/1994
    IncorporationPublic limited company