ACTIVE

Madore

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
15,4 k €
-20.4% YoY
Gross margin
95,9 k €
-23.2% YoY
Equity
108,2 k €
+16.6% YoY

What does Madore do?

Madore is a Private company with limited liability incorporated in 2016. Its main activity is: Restaurants and mobile food service activities. Its registered office is in Hoogstraten.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0649.604.446
Incorporation
03/03/2016
Legal form
Private company with limited liability
Registered office
Heilig Bloedlaan 285
2320 Hoogstraten · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
56101Restaurants and mobile food service activities· main56111Restaurants and mobile food service activities
Joint committees (1)
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin95,9 k €125 k €165,9 k €124,6 k €62,4 k €67,3 k €169,7 k €157,8 k €377,4 k €
EBITDA31,3 k €39,9 k €85,9 k €62,6 k €3,5 k €3,7 k €37,4 k €25,9 k €75,6 k €
Operating result25,7 k €31,9 k €78 k €48,4 k €-10,2 k €-9,9 k €19,2 k €6,3 k €15,7 k €
Net result15,4 k €19,3 k €54,9 k €40,5 k €-19,1 k €-24,8 k €227 €739 €2,4 k €
Balance sheet
Equity108,2 k €92,9 k €73,6 k €18,6 k €-21,9 k €-2,8 k €22 k €21,8 k €21 k €
Total assets143,7 k €134,7 k €122,9 k €147 k €173,2 k €153,1 k €167,7 k €149 k €170,9 k €
Cash27,2 k €23,6 k €31,1 k €56,5 k €77,5 k €65,9 k €62,8 k €49,7 k €50,6 k €
Debts35,4 k €41,8 k €49,4 k €128,4 k €194,1 k €155 k €144,8 k €127,2 k €149,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

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

Active mandates

Glen Cuylaerts

Director

Active
Jacinta Mouha

Director · until 09 novembre 2023

Active

Ended mandates

Glen Cuylaerts

Manager

Ended
Kristof Staes

Director · until 09 novembre 2023

Ended
Kristof Staes

Director

Ended
Kristof Staes

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date29/08/202608/08/202511/07/202412/08/202321/08/202228/08/2021
General meeting26/06/202627/06/202528/06/202423/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202629/08/2026DutchPDF
Micro model31/12/202427/06/202508/08/2025DutchPDF
Micro model31/12/202328/06/202411/07/2024DutchPDF
Micro model31/12/202223/06/202312/08/2023DutchPDF
Micro model31/12/202124/06/202221/08/2022DutchPDF
Micro model31/12/202025/06/202128/08/2021DutchPDF
Micro model31/12/201923/06/202015/07/2020DutchPDF
Micro model31/12/201828/06/201927/08/2019DutchPDF
Micro model31/12/201722/06/201828/08/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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

Glen Cuylaerts

Director

Active
Jacinta Mouha

Director · until 09 novembre 2023

Active

Ended mandates

Glen Cuylaerts

Manager

Ended
Kristof Staes

Director · until 09 novembre 2023

Ended
Kristof Staes

Director

Ended
Kristof Staes

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/08/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other07/03/2016
    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 202515,4 k €↓
  2. 2024
    Annual accounts 202419,3 k €↓
  3. 2023
    Annual accounts 202354,9 k €↑
  4. 2022
    Annual accounts 202240,5 k €↑
  5. 2021
    Annual accounts 2021-19,1 k €↑
  6. 2020
    Annual accounts 2020-24,8 k €↓
  7. 2019
    Annual accounts 2019227 €↓
  8. 2018
    Annual accounts 2018739 €↓
  9. 2017
    Annual accounts 20172,4 k €
  10. 03/03/2016
    IncorporationPrivate company with limited liability