ACTIVE

MAD.GROUP

Financial year 2025 · closed on 31/12/2025
Net result
-1,3 k €
-113.0% YoY
Gross margin
4,6 k €
-86.2% YoY
Equity
75,7 k €
-1.7% YoY

What does MAD.GROUP do?

MAD.GROUP is a Private limited company incorporated in 2009. Its main activity is: Other building and industrial cleaning activities. Its registered office is in Berchem-Sainte-Agathe.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.401.164
Incorporation
07/10/2009
Legal form
Private limited company
Registered office
Rue de Grand-Bigard 14
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Contacts
1 public detail availableLog in to view
Signals
Solid equityLow riskGood liquidityPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin4,6 k €33,2 k €103,7 k €50,1 k €84,5 k €57,1 k €91,4 k €81,6 k €49,2 k €102,7 k €81,8 k €104,9 k €88,1 k €112,7 k €88,5 k €63,8 k €
EBITDA1,8 k €10,4 k €16,9 k €4,1 k €23,5 k €18,1 k €22,6 k €15,8 k €14,1 k €24,5 k €6,8 k €12,7 k €12,8 k €13,9 k €10,2 k €12,4 k €
Operating result1,8 k €10,4 k €16,9 k €-9,5 k €9,9 k €4 k €10,5 k €3,7 k €11,1 k €16,9 k €-1,5 k €6,6 k €5,9 k €4,1 k €6,5 k €6 k €
Net result-1,3 k €9,9 k €21,7 k €-13 k €8,1 k €88,9 €7,9 k €696 €6,1 k €16,2 k €-4,8 k €4,2 k €5,1 k €729 €4,2 k €-330 €
Balance sheet
Equity75,7 k €77 k €75,7 k €54 k €66,9 k €58,8 k €58,7 k €50,8 k €50,1 k €44 k €27,8 k €32,5 k €28,3 k €23,2 k €22,5 k €18,3 k €
Total assets99 k €103,5 k €170,3 k €132,1 k €156,3 k €185,9 k €173,5 k €161,9 k €207,8 k €96 k €78,6 k €84,8 k €67,1 k €74,2 k €60 k €57,6 k €
Cash27 k €33,4 k €43,4 k €13,8 k €11,8 k €7,3 k €8,6 k €7,5 k €56 k €7,2 k €24,3 k €19,8 k €5 k €5,3 k €4,5 k €2,7 k €
Debts23,3 k €26,5 k €94,7 k €78,2 k €89,4 k €127,1 k €114,8 k €111,1 k €157,7 k €23,5 k €50,8 k €52,2 k €38,8 k €51 k €37,6 k €39,3 k €
Other
Workforce2,0 ETP2,2 ETP2,0 ETP2,0 ETP2,8 ETP2,3 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 31/12/2014 · 1 active

Active mandates

AHMED EL MADANI

Manager

Active
At this address

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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 date01/07/202609/07/202512/07/202426/09/202331/08/202231/08/2021
General meeting04/06/202602/06/202505/06/202405/06/202307/06/202207/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/06/202601/07/2026FrenchPDF
Micro model31/12/202402/06/202509/07/2025FrenchPDF
Micro model31/12/202305/06/202412/07/2024FrenchPDF
Micro model31/12/202205/06/202326/09/2023FrenchPDF
Micro model31/12/202107/06/202231/08/2022FrenchPDF
Micro model31/12/202007/06/202131/08/2021FrenchPDF
Micro model31/12/201902/06/202031/08/2020FrenchPDF
Micro model31/12/201803/06/201923/08/2019FrenchPDF
Micro model31/12/201704/06/201814/08/2018FrenchPDF
Abridged model31/12/201606/06/201728/08/2017FrenchPDF
Abridged model31/12/201506/06/201629/08/2016FrenchPDF
Abridged model31/12/201401/06/201525/08/2015FrenchPDF
Abridged model31/12/201302/06/201411/08/2014FrenchPDF
Abridged model31/12/201203/06/201329/08/2013FrenchPDF
Abridged model31/12/201104/06/201231/08/2012FrenchPDF
Abridged model31/12/201006/06/201123/08/2011FrenchPDF
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 31/12/2014 · 1 active

Active mandates

AHMED EL MADANI

Manager

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares13/10/2025
    CAPITAL, ACTIONS
    PDF
  • Mandates29/04/2024
    SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other08/02/2024
    DIVERS
    PDF
  • Mandates25/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/03/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    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 2025-1,3 k €
  2. 2024
    Annual accounts 20249,9 k €
  3. 2023
    Annual accounts 202321,7 k €
  4. 2022
    Annual accounts 2022-13 k €
  5. 2021
    Annual accounts 20218,1 k €
  6. 2020
    Annual accounts 202088,9 €
  7. 2019
    Annual accounts 20197,9 k €
  8. 2018
    Annual accounts 2018696 €
  9. 2017
    Annual accounts 20176,1 k €
  10. 2016
    Annual accounts 201616,2 k €
  11. 2015
    Annual accounts 2015-4,8 k €
  12. 2014
    Annual accounts 20144,2 k €
  13. 2013
    Annual accounts 20135,1 k €
  14. 2012
    Annual accounts 2012729 €
  15. 2011
    Annual accounts 20114,2 k €
  16. 2010
    Annual accounts 2010-330 €
  17. 07/10/2009
    IncorporationPrivate limited company