NORMAL SITUATION

MAD AD INTERNATIONAL

Export PDF

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result59,3 k €+247,7 %over 1 year

Gross margin82 k €+344,2 %over 1 year

Equity331,5 k €+21,8 %over 1 year

Identity

Source · BCE/KBO

MAD AD INTERNATIONAL is a company registered in Belgium.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.293.578
Legal form: Public limited company
Contributed capital: 64 948,10 €
Latest accounts: 31/12/2024

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 32 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	82 k €	+344%	18,5 k €	+25.0%	14,8 k €	-36.2%	23,2 k €	+117%	10,7 k €
EBITDA	79,5 k €	+396%	16 k €	+44.4%	11,1 k €	-48.0%	21,3 k €	+160%	8,2 k €
Operating result	79,2 k €	+404%	15,7 k €	+41.7%	11,1 k €	-48.1%	21,3 k €	+160%	8,2 k €
Net result	59,3 k €	+248%	17,1 k €	-4.5%	17,9 k €	-16.1%	21,3 k €	+35.6%	15,7 k €
Balance sheet
Equity	331,5 k €	+21.8%	272,2 k €	+6.7%	255,1 k €	+7.5%	237,3 k €	+9.9%	216 k €
Total assets	352,6 k €	+24.2%	283,9 k €	+2.9%	275,9 k €	+7.0%	257,9 k €	+8.8%	237,1 k €
Cash	102,7 k €	+93.9%	53 k €	-10.4%	59,1 k €	+9.1%	54,2 k €	+8.0%	50,2 k €
Debts	21,1 k €	+79.5%	11,8 k €	-43.3%	20,8 k €	+0.7%	20,6 k €	-2.4%	21,2 k €

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 18 ended

Active mandates

Harry MONDELAERS

Managing director · since 01 octobre 2019 · until 03 juin 2025

Active

Hendrik Mondelaers

Director · since 06 juin 2017 · until 03 juin 2025

Active

Isabel MONDELAERS

Director · since 06 juin 2017 · until 03 juin 2025

Active

Ended mandates

Hendrik MONDELAERS

Director · since 06 juin 2017 · until 06 juin 2023

Ended

Isabel MONDELAERS

Director · since 06 juin 2017 · until 06 juin 2023

Ended

Susanne LAUWEREINS

Managing director · since 06 juin 2017 · until 01 octobre 2019

Ended

Susanne LAUWEREINS

Managing director · since 06 juin 2017 · until 06 juin 2023

Ended

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2025	24/07/2024	31/07/2023	09/08/2022	30/07/2021	27/08/2020
General meeting	03/06/2025	04/06/2024	06/06/2023	07/06/2022	01/06/2021	02/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 32 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	03/06/2025	30/06/2025	Dutch	PDF
Micro model	31/12/2023	04/06/2024	24/07/2024	Dutch	PDF
Micro model	31/12/2022	06/06/2023	31/07/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	09/08/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	30/07/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	27/08/2020	Dutch	PDF
Micro model	31/12/2018	04/06/2019	30/08/2019	Dutch	PDF
Micro model	31/12/2017	05/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	24/08/2017	Dutch	PDF
Abridged model	31/12/2015	07/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	02/06/2015	27/07/2015	Dutch	PDF
Abridged model	31/12/2013	03/06/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	04/06/2013	26/07/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	01/08/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	11/09/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	11/07/2007	Dutch	PDF
Abridged model	31/12/2005	06/06/2006	12/07/2006	Dutch	PDF
Abridged model	31/12/2004	01/06/2005	14/09/2005	Dutch	PDF
Abridged model	31/12/2003	01/06/2004	30/09/2004	Dutch	PDF
Abridged model	31/12/2002	03/06/2003	10/09/2003	Dutch	PDF
Abridged model	31/12/2001	04/06/2002	30/08/2002	Dutch	PDF

View all 32 filings

Indicative valuation

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 31/12/2024

3 active · 18 ended

Active mandates

Harry MONDELAERS

Managing director · since 01 octobre 2019 · until 03 juin 2025

Active

Hendrik Mondelaers

Director · since 06 juin 2017 · until 03 juin 2025

Active

Isabel MONDELAERS

Director · since 06 juin 2017 · until 03 juin 2025

Active

Ended mandates

Hendrik MONDELAERS

Director · since 06 juin 2017 · until 06 juin 2023

Ended

Isabel MONDELAERS

Director · since 06 juin 2017 · until 06 juin 2023

Ended

Susanne LAUWEREINS

Managing director · since 06 juin 2017 · until 01 octobre 2019

Ended

Susanne LAUWEREINS

Managing director · since 06 juin 2017 · until 06 juin 2023

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Dissolution02/01/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates29/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/07/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2005
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 202459,3 k €↑
2023
Annual accounts 202317,1 k €↓
2022
Annual accounts 202217,9 k €↓
2021
Annual accounts 202121,3 k €↑
2020
Annual accounts 202015,7 k €↓
2019
Annual accounts 201917,8 k €↑
2018
Annual accounts 201813,9 k €↓
2017
Annual accounts 201716,6 k €↓
2016
Annual accounts 201621,5 k €↓
2015
Annual accounts 201530,5 k €↑
2014
Annual accounts 201422,5 k €↑
2013
Annual accounts 201310 k €↑
2012
Annual accounts 20128,3 k €↑
2011
Annual accounts 2011-13,3 k €↓
2010
Annual accounts 20103,1 k €↑
2009
Annual accounts 2009-448,8 €↑
2008
Annual accounts 2008-6 k €↑
2007
Annual accounts 2007-7,7 k €↑
2006
Annual accounts 2006-26,7 k €

MAD AD INTERNATIONAL

Overview

Identity

Financials

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline