NORMAL SITUATION

MAD FACTORY

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result532,6 k €+6,4 %over 1 year
Gross margin636,1 k €+12,0 %over 1 year
Equity1,2 M €+31,2 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

MAD FACTORY is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.625.426
Legal form
Private company with limited liability
Contributed capital
18 600,00 €
Latest accounts
31/12/2024
Average workforce
0,0 ETP
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 7 financial years

20242023202220212020
Income statement
Gross margin636,1 k €567,7 k €170,7 k €176,8 k €208,4 k €
EBITDA634,9 k €566,6 k €170,2 k €176,1 k €207,6 k €
Operating result632,8 k €566,4 k €170,2 k €176,1 k €207,6 k €
Net result532,6 k €500,6 k €186,7 k €134 k €154,9 k €
Balance sheet
Equity1,2 M €906,6 k €556,1 k €369,4 k €235,4 k €
Total assets1,9 M €1,6 M €979,9 k €988 k €485,1 k €
Cash224,3 k €476,6 k €548,9 k €634,1 k €347,9 k €
Debts673,8 k €680,8 k €273,9 k €518,6 k €249,6 k €
Other
Workforce0,0 ETP––––

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 5 ended

Active mandates

G.E.R.T. Consulting

Director · since 29 septembre 2023 · until 01 janvier 2025 · 0692.534.072

Represented by Gert Uvin

Active
On IT

Director · since 29 septembre 2023 · until 01 janvier 2025 · 0776.511.229

Represented by Laurent De Pauw

Active

Ended mandates

G.E.R.T. Consulting

Director · since 29 septembre 2023 · 0692.534.072

Represented by Gert Uvin

Ended
On IT

Director · since 29 septembre 2023 · 0776.511.229

Ended
Gert Uvin

Director · since 16 février 2017 · until 29 septembre 2023

Ended
Gert Uvin

Director · since 16 février 2017

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202509/08/202411/09/202329/06/202231/08/202130/06/2020
General meeting08/07/202503/06/202405/06/202306/06/202201/06/202101/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 8 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202408/07/202529/07/2025DutchPDF
Abridged model31/12/202303/06/202409/08/2024DutchPDF
Abridged modelCorrection31/12/202205/06/202311/09/2023DutchPDF
Abridged model31/12/202205/06/202330/06/2023DutchPDF
Abridged model31/12/202106/06/202229/06/2022DutchPDF
Abridged model31/12/202001/06/202131/08/2021DutchPDF
Abridged model31/12/201901/06/202030/06/2020DutchPDF
Abridged model31/12/201803/06/201930/08/2019DutchPDF

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

2 active · 5 ended

Active mandates

G.E.R.T. Consulting

Director · since 29 septembre 2023 · until 01 janvier 2025 · 0692.534.072

Represented by Gert Uvin

Active
On IT

Director · since 29 septembre 2023 · until 01 janvier 2025 · 0776.511.229

Represented by Laurent De Pauw

Active

Ended mandates

G.E.R.T. Consulting

Director · since 29 septembre 2023 · 0692.534.072

Represented by Gert Uvin

Ended
On IT

Director · since 29 septembre 2023 · 0776.511.229

Ended
Gert Uvin

Director · since 16 février 2017 · until 29 septembre 2023

Ended
Gert Uvin

Director · since 16 février 2017

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution12/02/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - MAATSCHAPPELIJKE ZETEL - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/11/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/11/2023
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Other22/02/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024532,6 k €↑
  2. 2023
    Annual accounts 2023500,6 k €↑
  3. 2022
    Annual accounts 2022186,7 k €↑
  4. 2021
    Annual accounts 2021134 k €↓
  5. 2020
    Annual accounts 2020154,9 k €↑
  6. 2019
    Annual accounts 201962,7 k €↑
  7. 2018
    Annual accounts 20189,2 k €