ACTIVE

MADON

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Financial year 2025 · closed on 31/12/2025
Net result
48,9 k €
-46.6% YoY
Gross margin
33,8 k €
+11.6% YoY
Equity
534,6 k €
-7.5% YoY

What does MADON do?

MADON is a Private limited company incorporated in 2016. Its main activity is: Manufacture of medical and dental instruments and supplies. Its registered office is in Gent.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0648.834.978
Incorporation
19/02/2016
Legal form
Private limited company
Registered office
Antwerpsesteenweg 382
9040 Gent · FlandreSee on map
Contributed capital
65 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
32500Manufacture of medical and dental instruments and supplies· main32500Manufacture of medical and dental instruments and supplies
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021201820172016
Income statement
Gross margin33,8 k €30,3 k €53,8 k €70,5 k €104,5 k €177,1 k €80,2 k €53,4 k €
EBITDA33,1 k €29,4 k €53 k €68,5 k €103,5 k €177 k €80 k €53,4 k €
Operating result30,6 k €21,8 k €45,3 k €63,3 k €103,5 k €177 k €80 k €53,4 k €
Net result48,9 k €91,6 k €99,7 k €43,2 k €128,8 k €126,6 k €48,4 k €29,4 k €
Balance sheet
Equity534,6 k €577,7 k €586 k €551,6 k €548,4 k €267,9 k €142,8 k €94,4 k €
Total assets668,8 k €667,1 k €659,9 k €684,2 k €704 k €717,3 k €640,3 k €650,6 k €
Cash29,8 k €25,5 k €13,8 k €18,2 k €34,3 k €6,3 k €13,1 k €20,2 k €
Debts134,2 k €89,4 k €73,8 k €132,5 k €155,6 k €449,4 k €497,5 k €556,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

Maud Madon

Director

Active
Mélanie Madon

Director

Active

Ended mandates

Maud Madon

Manager · since 19 février 2016

Ended
Melanie Madon

Manager · since 19 février 2016

Ended
Maud Madon

Manager

Ended
Mélanie Madon

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Madon Optiek● Active
0476.544.865
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/05/202620/05/202507/06/202424/05/202305/05/202208/07/2021
General meeting26/05/202607/05/202522/05/202416/05/202327/04/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202629/05/2026DutchPDF
Abridged model31/12/202407/05/202520/05/2025DutchPDF
Abridged model31/12/202322/05/202407/06/2024DutchPDF
Abridged model31/12/202216/05/202324/05/2023DutchPDF
Abridged model31/12/202127/04/202205/05/2022DutchPDF
Abridged model31/12/202028/06/202108/07/2021DutchPDF
Abridged model31/12/201929/06/202013/07/2020DutchPDF
Abridged model31/12/201826/06/201926/06/2019DutchPDF
Micro model31/12/201725/06/201819/09/2018DutchPDF
Micro model31/12/201622/12/201722/12/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 4 ended

Active mandates

Maud Madon

Director

Active
Mélanie Madon

Director

Active

Ended mandates

Maud Madon

Manager · since 19 février 2016

Ended
Melanie Madon

Manager · since 19 février 2016

Ended
Maud Madon

Manager

Ended
Mélanie Madon

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/02/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202548,9 k €↓
  2. 2024
    Annual accounts 202491,6 k €↓
  3. 2023
    Annual accounts 202399,7 k €↑
  4. 2022
    Annual accounts 202243,2 k €↓
  5. 2021
    Annual accounts 2021128,8 k €↑
  6. 2018
    Annual accounts 2018126,6 k €↑
  7. 2017
    Annual accounts 201748,4 k €↑
  8. 2016
    Annual accounts 201629,4 k €
  9. 19/02/2016
    IncorporationPrivate limited company