ACTIVE

MAD VISION GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

-78,9 k €

+52.0% YoY

Gross margin

170 k €

+0.8% YoY

Equity

396,8 k €

-16.6% YoY

Workforce

1,8 ETP

-5.3% YoY

What does MAD VISION GROUP do?

MAD VISION GROUP is a Private limited company incorporated in 2013. Its registered office is in Uccle. It employs on average 1,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0543.374.303

Incorporation

17/12/2013

Legal form

Private limited company

Registered office

Avenue Ilya Prigogine 8
1180 Uccle · BruxellesSee on map

Contributed capital

1 006 200,00 €

Latest accounts

31/12/2025

Average workforce

1,8 ETP

Joint committees (1)

Signals

Positive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 12 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014
Income statement
Gross margin	170 k €	+0.8%	168,8 k €	+12.0%	150,6 k €	+446%	27,6 k €	-82.8%	159,9 k €	+62.0%	98,7 k €	+52.5%	64,7 k €	-24.1%	85,2 k €	+739%	-13,3 k €	-533%	3,1 k €	+124%	-12,7 k €	-31009%	-40,7 €
EBITDA	95,3 k €	+20.6%	79 k €	+37.3%	57,6 k €	+132%	-177,6 k €	-271%	103,8 k €	+53.5%	67,6 k €	+912%	6,7 k €	-88.3%	57,2 k €	+518%	-13,7 k €	-601%	2,7 k €	+121%	-13 k €	-1242%	-970,2 €
Operating result	68,3 k €	+180%	-85,4 k €	-381%	30,4 k €	+116%	-187,8 k €	-282%	102,9 k €	+54.8%	66,5 k €	+1104%	5,5 k €	-90.2%	56,6 k €	+514%	-13,7 k €	-694%	2,3 k €	+117%	-13,5 k €	-840%	-1,4 k €
Net result	-78,9 k €	+52.0%	-164,3 k €	-204%	-54 k €	+88.2%	-456,2 k €	-705%	75,4 k €	+55.2%	48,6 k €	+2602%	1,8 k €	-96.0%	45 k €	+427%	-13,7 k €	-707%	2,3 k €	+117%	-13,6 k €	-779%	-1,6 k €
Balance sheet
Equity	396,8 k €	-16.6%	475,8 k €	-25.7%	640,1 k €	-7.8%	694 k €	+362%	150,2 k €	+101%	74,9 k €	+185%	26,3 k €	+7.3%	24,5 k €	+220%	-20,5 k €	-204%	-6,7 k €	+25.2%	-9 k €	-293%	4,6 k €
Total assets	2,6 M €	-6.1%	2,8 M €	-4.1%	2,9 M €	+4.4%	2,8 M €	+162%	1,1 M €	+54.7%	690,6 k €	+8.0%	639,7 k €	+29.9%	492,3 k €	+71231%	690,2 €	-79.9%	3,4 k €	+55.2%	2,2 k €	-84.0%	13,8 k €
Cash	318,4 €	-98.5%	21,5 k €	+69.5%	12,7 k €	-84.0%	79,4 k €	-26.9%	108,7 k €	+54.6%	70,3 k €	+5305%	1,3 k €	-19.2%	1,6 k €	+2354%	65,6 €	-98.0%	3,3 k €	+1990%	155,8 €	-98.7%	12 k €
Debts	2,2 M €	-4.0%	2,3 M €	+1.6%	2,3 M €	+8.4%	2,1 M €	+129%	918 k €	+49.1%	615,8 k €	+0.4%	613,4 k €	+31.1%	467,7 k €	+2110%	21,2 k €	+108%	10,2 k €	-9.3%	11,2 k €	+22.4%	9,2 k €
Other
Workforce	1,8 ETP	-5.3%	1,9 ETP	0.0%	1,9 ETP	+5.6%	1,8 ETP	+38.5%	1,3 ETP	0.0%	1,3 ETP	+18.2%	1,1 ETP	+10.0%	1,0 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 8 ended

Active mandates

AD Vitam Corp

Managing director · since 13 janvier 2026 · 0790.640.664

Represented by Adlane DRAOU

Active

Arrow management

Director · since 13 janvier 2026 · 0790.749.146

Represented by Abdelmalik ZAOUGUI

Active

VCK.VC

Director · since 12 juillet 2024 · 0849.359.912

Represented by Maxime Vuckovic

Active

Abdelmalik ZAOUGUI

Director · since 30 août 2022 · until 13 janvier 2026

Active

Adlane DRAOU

Managing director · since 17 décembre 2013 · until 13 janvier 2026

Active

Ended mandates

Abdelmalik ZAOUGUI

Director · since 30 août 2022

Ended

Adlane DRAOU

Director · since 30 août 2022

Ended

Adlane DRAOU

Managing director · since 30 août 2022

Ended

Joffroy Moreau

Director · since 30 août 2022 · until 12 juillet 2024

Ended

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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	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/08/2026	27/08/2025	24/07/2024	09/10/2023	30/09/2022	23/08/2021
General meeting	29/06/2026	30/06/2025	24/06/2024	26/06/2023	14/09/2022	28/06/2021
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

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/06/2026	17/08/2026	French	PDF
Abridged model	31/12/2024	30/06/2025	27/08/2025	French	PDF
Abridged model	31/12/2023	24/06/2024	24/07/2024	French	PDF
Abridged model	31/12/2022	26/06/2023	09/10/2023	French	PDF
Abridged model	31/12/2021	14/09/2022	30/09/2022	French	PDF
Abridged model	31/12/2020	28/06/2021	23/08/2021	French	PDF
Abridged model	31/12/2019	29/06/2020	26/08/2020	French	PDF
Abridged model	31/12/2018	24/06/2019	27/08/2019	French	PDF
Micro model	31/12/2017	25/06/2018	27/08/2018	French	PDF
Micro model	31/12/2016	26/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	10/08/2016	French	PDF
Abridged model	31/12/2014	29/06/2015	21/08/2015	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 5 active · 8 ended

Active mandates

AD Vitam Corp

Managing director · since 13 janvier 2026 · 0790.640.664

Represented by Adlane DRAOU

Active

Arrow management

Director · since 13 janvier 2026 · 0790.749.146

Represented by Abdelmalik ZAOUGUI

Active

VCK.VC

Director · since 12 juillet 2024 · 0849.359.912

Represented by Maxime Vuckovic

Active

Abdelmalik ZAOUGUI

Director · since 30 août 2022 · until 13 janvier 2026

Active

Adlane DRAOU

Managing director · since 17 décembre 2013 · until 13 janvier 2026

Active

Ended mandates

Abdelmalik ZAOUGUI

Director · since 30 août 2022

Ended

Adlane DRAOU

Director · since 30 août 2022

Ended

Adlane DRAOU

Managing director · since 30 août 2022

Ended

Joffroy Moreau

Director · since 30 août 2022 · until 12 juillet 2024

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates23/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates06/09/2022
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Other02/09/2022
DIVERS
PDF
Registered office03/06/2022
SIEGE SOCIAL
PDF
Registered office14/03/2022
SIEGE SOCIAL - CAPITAL, ACTIONS
PDF
Other10/01/2022
DIVERS
PDF
Registered office18/05/2018
SIEGE SOCIAL
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 2025-78,9 k €↑
2024
Annual accounts 2024-164,3 k €↓
2023
Annual accounts 2023-54 k €↑
2022
Annual accounts 2022-456,2 k €↓
2021
Annual accounts 202175,4 k €↑
2020
Annual accounts 202048,6 k €↑
2019
Annual accounts 20191,8 k €↓
2018
Annual accounts 201845 k €↑
2017
Annual accounts 2017-13,7 k €↓
2016
Annual accounts 20162,3 k €↑
2015
Annual accounts 2015-13,6 k €↓
2014
Annual accounts 2014-1,6 k €
17/12/2013
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

MAD VISION GROUP

Overview

What does MAD VISION GROUP do?

Trend over 12 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