ACTIVE

MADEPCO

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Financial year 2025 · closed on 31/05/2025

Net result

154,7 k €

-19.9% YoY

Gross margin

367,7 k €

-15.9% YoY

Equity

9,6 M €

+1.6% YoY

Workforce

3,0 ETP

0.0% YoY

What does MADEPCO do?

MADEPCO is a Private limited company incorporated in 1995. Its registered office is in Sint-Niklaas. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.896.742

Incorporation

30/03/1995

Legal form

Private limited company

Registered office

Gouden Leeuwstraat 18
9111 Sint-Niklaas · FlandreSee on map

Contributed capital

2 152 842,00 €

Latest accounts

31/05/2025

Average workforce

3,0 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 6 financial years

	2025		2024		2023		2022		2008		2007
Income statement
Gross margin	367,7 k €	-15.9%	437,2 k €	-28.4%	610,8 k €	-13.7%	707,5 k €	-11.7%	801,3 k €	+45.3%	551,6 k €
EBITDA	67,6 k €	-56.0%	153,6 k €	-55.4%	344,2 k €	-24.0%	453,1 k €	-12.5%	518,1 k €	+69.0%	306,5 k €
Operating result	51,5 k €	-61.4%	133,5 k €	-58.8%	324 k €	-25.7%	436,2 k €	-13.3%	503,3 k €	+72.8%	291,3 k €
Net result	154,7 k €	-19.9%	193,2 k €	-36.9%	306,2 k €	-21.3%	389,1 k €	-2.1%	397,2 k €	+7.7%	368,9 k €
Balance sheet
Equity	9,6 M €	+1.6%	9,5 M €	-2.1%	9,7 M €	+3.2%	9,4 M €	+309%	2,3 M €	+21.0%	1,9 M €
Total assets	11 M €	+9.6%	10 M €	+3.4%	9,7 M €	+3.2%	9,4 M €	+301%	2,3 M €	+20.4%	1,9 M €
Cash	261,9 k €	+539%	41 k €	-96.5%	1,2 M €	-45.4%	2,1 M €	+1224%	160 k €	-13.5%	185 k €
Debts	1,4 M €	+143%	559,9 k €	+1185%	43,6 k €	+10.3%	39,5 k €	-28.2%	55 k €	-0.4%	55,2 k €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	-3.2%	3,1 ETP	-46.6%	5,8 ETP	+13.7%	5,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/05/2025 · 2 active · 9 ended

Active mandates

Biehap

Director · since 09 juillet 2025 · 1024.993.258

Represented by Karine DE BIE

Active

PDP Solutions

Director · since 09 juillet 2025 · 1024.993.357

Represented by Peter DEPRAETERE

Active

Ended mandates

Karine DE BIE

Bestuurder · since 29 septembre 2011

Ended

Karine DE BIE

Director · since 29 septembre 2011

Ended

Karine DE BIE

Manager · since 29 septembre 2011

Ended

Karine DE BIE

Managing director · since 09 novembre 2006 · until 29 septembre 2011

Ended

At this address

Other companies at this address

Company	CBE no.
Biehap● Active	1024.993.258
FAMILIE DEPRAETERE - DE BIE● Active	0724.996.509
IMMO DEPRAETERE BELSELE● Active	0724.992.648
INDEPCO● Active	0843.399.459
Oogheelkunde Depraetere● Active	1027.687.383
PDP Solutions● Active	1024.993.357

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/06/2024	01/06/2023	01/06/2022	01/06/2021	01/06/2020	01/06/2019
Closing of the financial year	31/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021	31/05/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/12/2025	13/11/2024	21/12/2023	07/12/2022	08/12/2021	01/12/2020
General meeting	28/11/2025	08/11/2024	24/11/2023	10/11/2022	12/11/2021	13/11/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/05/2025	28/11/2025	16/12/2025	Dutch	PDF
Abridged model	31/05/2024	08/11/2024	13/11/2024	Dutch	PDF
Abridged model	31/05/2023	24/11/2023	21/12/2023	Dutch	PDF
Abridged model	31/05/2022	10/11/2022	07/12/2022	Dutch	PDF
Abridged model	31/05/2021	12/11/2021	08/12/2021	Dutch	PDF
Abridged model	31/05/2020	13/11/2020	01/12/2020	Dutch	PDF
Abridged model	31/05/2019	08/11/2019	29/11/2019	Dutch	PDF
Abridged model	31/05/2018	09/11/2018	13/11/2018	Dutch	PDF
Abridged model	31/05/2017	10/11/2017	20/11/2017	Dutch	PDF
Abridged model	31/05/2016	14/11/2016	30/11/2016	Dutch	PDF
Abridged model	31/05/2015	13/11/2015	25/11/2015	Dutch	PDF
Abridged model	31/05/2014	14/11/2014	28/11/2014	Dutch	PDF
Abridged model	31/05/2013	08/11/2013	06/12/2013	Dutch	PDF
Abridged model	30/06/2011	27/09/2011	03/10/2011	Dutch	PDF
Abridged model	30/06/2010	10/12/2010	07/01/2011	Dutch	PDF
Abridged model	30/06/2009	21/12/2009	28/01/2010	Dutch	PDF
Abridged model	30/06/2008	14/11/2008	01/12/2008	Dutch	PDF
Abridged model	30/06/2007	26/11/2007	28/11/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/05/2025 · 2 active · 9 ended

Active mandates

Biehap

Director · since 09 juillet 2025 · 1024.993.258

Represented by Karine DE BIE

Active

PDP Solutions

Director · since 09 juillet 2025 · 1024.993.357

Represented by Peter DEPRAETERE

Active

Ended mandates

Karine DE BIE

Bestuurder · since 29 septembre 2011

Ended

Karine DE BIE

Director · since 29 septembre 2011

Ended

Karine DE BIE

Manager · since 29 septembre 2011

Ended

Karine DE BIE

Managing director · since 09 novembre 2006 · until 29 septembre 2011

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/07/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Other29/11/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Other24/12/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Capital / shares04/03/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other28/06/2012
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates17/10/2011
DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates13/12/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2007
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025154,7 k €↓
2024
Annual accounts 2024193,2 k €↓
2023
Annual accounts 2023306,2 k €↓
2022
Annual accounts 2022389,1 k €↓
2008
Annual accounts 2008397,2 k €↑
2007
Annual accounts 2007368,9 k €
30/03/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MADEPCO

Overview

What does MADEPCO do?

Trend over 6 financial years

Indicative valuation

Board of directors

Other companies at this address

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