ACTIVE

MADY & CO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

195,1 k €

+59.8% YoY

Gross margin

441 k €

+53.3% YoY

Equity

243,6 k €

-34.8% YoY

Workforce

3,3 ETP

What does MADY & CO do?

MADY & CO is a Private limited company incorporated in 2017. Its registered office is in Anderlecht. It employs on average 3,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0686.791.474

Incorporation

22/12/2017

Legal form

Private limited company

Registered office

Chaussée de Mons 814A box 5D
1070 Anderlecht · BruxellesSee on map

Contributed capital

148 640,00 €

Latest accounts

31/12/2025

Average workforce

3,3 ETP

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 8 financial years

	2025		2024		2023		2022		2021		2020		2019		2018
Income statement
Gross margin	441 k €	+53.3%	287,8 k €	+16.7%	246,7 k €	-0.3%	247,3 k €	+31.5%	188,1 k €	-4.8%	197,5 k €	+40.2%	140,9 k €	+0.6%	140,1 k €
EBITDA	249 k €	+59.1%	156,5 k €	+60.0%	97,8 k €	+7.5%	91 k €	+31.1%	69,4 k €	-42.9%	121,6 k €	+21.8%	99,8 k €	+1.5%	98,4 k €
Operating result	248,4 k €	+59.5%	155,8 k €	+74.8%	89,1 k €	+52.8%	58,3 k €	+73.5%	33,6 k €	-62.0%	88,5 k €	+17.4%	75,4 k €	-6.0%	80,2 k €
Net result	195,1 k €	+59.8%	122 k €	+62.9%	74,9 k €	+37.2%	54,6 k €	+55.4%	35,1 k €	-57.6%	83 k €	+16.4%	71,3 k €	+14.0%	62,5 k €
Balance sheet
Equity	243,6 k €	-34.8%	373,5 k €	-17.3%	451,5 k €	+5.2%	429,1 k €	+6.9%	401,3 k €	+7.6%	373 k €	+30.1%	286,8 k €	+41.6%	202,5 k €
Total assets	618,5 k €	+0.3%	616,9 k €	+2.8%	600,2 k €	+33.9%	448,1 k €	-1.2%	453,8 k €	-17.7%	551,1 k €	+4.2%	528,9 k €	-0.4%	530,8 k €
Cash	344,2 k €	+5.0%	327,9 k €	-3.4%	339,6 k €	+1212%	25,9 k €	-76.2%	108,5 k €	+129%	47,3 k €	+1760%	2,5 k €	-98.1%	135,6 k €
Debts	374,9 k €	+54.1%	243,3 k €	+63.7%	148,7 k €	+681%	19 k €	-63.7%	52,5 k €	-70.6%	178,1 k €	-26.4%	242,1 k €	-26.2%	328,2 k €
Other
Workforce	3,3 ETP		–		–		–		–		–		–		0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

ILIAS EL HAOUARI

Director

Active

Ended mandates

ILIAS EL HAOUARI

Director · since 21 décembre 2017

Ended

KARIM EL HAOUARI

Director · since 21 décembre 2017 · until 31 mars 2019

Ended

ILIAS EL HAOUARI

Manager

Ended

KARIM EL HAOUARI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
ABM● Bankrupt	0839.759.187
ABRAHAM CLEAN● Active	0479.561.565
ABS TRANS● Bankrupt	0535.938.361
A-D PLAFFONAGE & RENOVATION GENERALE● Active	0836.900.756
ALPHA HOME SOLUTIONS● Active	0743.902.896
ALPHA PLUS● Active	1000.904.891
ARAS● Bankrupt	0808.607.440
B.A.M. BOUWMAATSCHAPPIJ● Liquidation	0825.867.106
BEST SERVICE COTAN● Active	0889.666.875
BMT SOLUTIONS● Active	0523.901.849
CDT Construct● Active	0844.830.606
DECLIC MOVERS● Active	0544.340.244
DREJ● Active	0541.542.783
ETPA● Bankrupt	0787.448.869
ETS DAOUD● Active	0445.996.201
FEDECOR● Active	0463.381.074
FIVACO● Active	0461.379.312
GOMES & SALGADO● Active	0897.184.672
ITALGRANIT● Active	0543.838.319
LE PEINTRE● Active	0876.027.190

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Micro model	Micro model	Micro model	Micro 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	10/06/2026	26/06/2025	27/06/2024	08/06/2023	30/06/2022	24/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	10/06/2026	Dutch	PDF
Micro model	31/12/2024	06/06/2025	26/06/2025	Dutch	PDF
Micro model	31/12/2023	07/06/2024	27/06/2024	Dutch	PDF
Micro model	31/12/2022	02/06/2023	08/06/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	24/06/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	13/06/2019	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 1 active · 4 ended

Active mandates

ILIAS EL HAOUARI

Director

Active

Ended mandates

ILIAS EL HAOUARI

Director · since 21 décembre 2017

Ended

KARIM EL HAOUARI

Director · since 21 décembre 2017 · until 31 mars 2019

Ended

ILIAS EL HAOUARI

Manager

Ended

KARIM EL HAOUARI

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other28/12/2017
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

2025
Annual accounts 2025195,1 k €↑
2024
Annual accounts 2024122 k €↑
2023
Annual accounts 202374,9 k €↑
2022
Annual accounts 202254,6 k €↑
2021
Annual accounts 202135,1 k €↓
2020
Annual accounts 202083 k €↑
2019
Annual accounts 201971,3 k €↑
2018
Annual accounts 201862,5 k €
22/12/2017
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

MADY & CO

Overview

What does MADY & CO do?

Trend over 8 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