ACTIVE

MADECO & CO

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Financial year 2025 · closed on 31/03/2025

Net result

42,4 k €

-43.3% YoY

Gross margin

80,5 k €

-28.9% YoY

Equity

448,2 k €

+10.4% YoY

What does MADECO & CO do?

MADECO & CO is a Private company with limited liability incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Grimbergen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0865.542.381

Incorporation

01/06/2004

Legal form

Private company with limited liability

Registered office

d'Overschielaan 34
1850 Grimbergen · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/03/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	80,5 k €	-28.9%	113,2 k €	-19.0%	139,9 k €	-5.9%	148,7 k €	+0.6%	147,9 k €	+10.6%	133,7 k €	+1253%	9,9 k €	+15.4%	8,6 k €	+26.1%	6,8 k €	-29.6%	9,6 k €	+34.9%	7,2 k €	-94.1%	120,5 k €	+14.7%	105 k €	+18.7%	88,5 k €	+4840%	-1,9 k €	-132%	5,8 k €	+699%	-968,1 €	+70.1%	-3,2 k €
EBITDA	79,2 k €	-29.6%	112,5 k €	-19.3%	139,4 k €	-6.0%	148,3 k €	+0.7%	147,3 k €	+10.5%	133,2 k €	+1299%	9,5 k €	+30.0%	7,3 k €	+38.1%	5,3 k €	-33.1%	7,9 k €	+68.8%	4,7 k €	-96.0%	117,9 k €	+13.6%	103,8 k €	+18.0%	87,9 k €	+4073%	-2,2 k €	-141%	5,4 k €	+663%	-968,1 €	+70.1%	-3,2 k €
Operating result	59,4 k €	-46.9%	112 k €	-18.0%	136,6 k €	-6.0%	145,3 k €	+0.5%	144,6 k €	+10.1%	131,3 k €	+1278%	9,5 k €	+278%	2,5 k €	+158%	-4,3 k €	-135%	-1,8 k €	+84.5%	-11,9 k €	-113%	92,6 k €	-4.3%	96,8 k €	+20.1%	80,6 k €	+3029%	-2,8 k €	-154%	5,1 k €	+377%	-1,9 k €	+48.6%	-3,6 k €
Net result	42,4 k €	-43.3%	74,7 k €	-20.9%	94,5 k €	-6.7%	101,3 k €	+1.5%	99,7 k €	-7.0%	107,3 k €	+1301%	7,7 k €	+109%	3,7 k €	+154%	-6,8 k €	-195%	-2,3 k €	+82.1%	-12,8 k €	-123%	56,3 k €	-1.9%	57,5 k €	+7.7%	53,3 k €	+2019%	-2,8 k €	-179%	3,5 k €	+295%	-1,8 k €	+46.1%	-3,3 k €
Balance sheet
Equity	448,2 k €	+10.4%	405,8 k €	+22.0%	332,7 k €	+29.6%	256,8 k €	+47.5%	174,1 k €	+41.6%	123 k €	+111%	58,3 k €	+15.1%	50,6 k €	+7.8%	47 k €	-12.6%	53,8 k €	-4.1%	56,1 k €	-18.6%	68,9 k €	+448%	12,6 k €	-77.2%	55,1 k €	+1578%	3,3 k €	-45.8%	6,1 k €	+138%	2,5 k €	-41.4%	4,3 k €
Total assets	469,8 k €	+12.5%	417,6 k €	+12.1%	372,5 k €	+25.3%	297,2 k €	+28.4%	231,4 k €	+31.3%	176,3 k €	+164%	66,8 k €	+21.7%	54,9 k €	-6.6%	58,8 k €	-20.2%	73,8 k €	-21.0%	93,3 k €	-30.8%	134,8 k €	-19.0%	166,4 k €	+27.5%	130,5 k €	+514%	21,2 k €	-3.1%	21,9 k €	+56.4%	14 k €	-4.5%	14,7 k €
Cash	200 k €	-28.4%	279,2 k €	+23.6%	225,9 k €	-4.1%	235,5 k €	+46.4%	160,8 k €	+109%	77,1 k €	+125%	34,3 k €	+7.9%	31,8 k €	-14.3%	37,1 k €	-25.3%	49,7 k €	-10.1%	55,3 k €	-31.7%	81 k €	-37.3%	129,2 k €	+84.5%	70 k €	+274%	18,7 k €	+18.0%	15,9 k €	+30.3%	12,2 k €	-5.2%	12,9 k €
Debts	21,6 k €	+82.6%	11,8 k €	-70.3%	39,8 k €	-1.6%	40,4 k €	-29.5%	57,3 k €	+7.6%	53,3 k €	+526%	8,5 k €	+99.5%	4,3 k €	-64.0%	11,8 k €	-40.8%	20 k €	-45.7%	36,8 k €	-44.1%	65,8 k €	-57.0%	153,2 k €	+105%	74,8 k €	+317%	18 k €	+13.3%	15,9 k €	+38.3%	11,5 k €	+16.6%	9,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 5 ended

Active mandates

Frank Maes

Director

Active

Katia Deconinck

Director

Active

Ended mandates

Frank MAES

Manager · since 01 janvier 2010

Ended

Katia Deconinck

Manager · since 01 avril 2004

Ended

Frank Maes

Manager

Ended

Katia Deconink

Director

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/10/2025	03/11/2024	23/10/2023	28/10/2022	21/10/2021	06/11/2020
General meeting	26/09/2025	27/09/2024	29/09/2023	30/09/2022	24/09/2021	25/09/2020
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

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	26/09/2025	21/10/2025	Dutch	PDF
Micro model	31/03/2024	27/09/2024	03/11/2024	Dutch	PDF
Micro model	31/03/2023	29/09/2023	23/10/2023	Dutch	PDF
Micro model	31/03/2022	30/09/2022	28/10/2022	Dutch	PDF
Micro model	31/03/2021	24/09/2021	21/10/2021	Dutch	PDF
Micro model	31/03/2020	25/09/2020	06/11/2020	Dutch	PDF
Micro model	31/03/2018	28/09/2018	22/11/2018	Dutch	PDF
Micro model	31/03/2017	29/09/2017	23/11/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	23/11/2016	Dutch	PDF
Abridged model	31/03/2015	25/09/2015	16/10/2015	Dutch	PDF
Abridged model	31/03/2014	26/09/2014	24/11/2014	Dutch	PDF
Abridged model	31/03/2013	27/09/2013	29/11/2013	Dutch	PDF
Abridged model	30/09/2011	04/10/2011	28/03/2012	Dutch	PDF
Abridged model	30/09/2010	25/03/2011	20/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/03/2010	14/04/2010	Dutch	PDF
Abridged model	30/09/2008	27/03/2009	24/04/2009	Dutch	PDF
Abridged model	30/09/2007	30/03/2008	29/05/2008	Dutch	PDF
Abridged model	30/09/2006	30/03/2007	27/04/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 31/03/2025 · 2 active · 5 ended

Active mandates

Frank Maes

Director

Active

Katia Deconinck

Director

Active

Ended mandates

Frank MAES

Manager · since 01 janvier 2010

Ended

Katia Deconinck

Manager · since 01 avril 2004

Ended

Frank Maes

Manager

Ended

Katia Deconink

Director

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other09/10/2012
ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/01/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/12/2004
ONTSLAGEN - BENOEMINGEN
PDF
Other10/06/2004
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 202542,4 k €↓
2024
Annual accounts 202474,7 k €↓
2023
Annual accounts 202394,5 k €↓
2022
Annual accounts 2022101,3 k €↑
2021
Annual accounts 202199,7 k €↓
2020
Annual accounts 2020107,3 k €↑
2018
Annual accounts 20187,7 k €↑
2017
Annual accounts 20173,7 k €↑
2016
Annual accounts 2016-6,8 k €↓
2015
Annual accounts 2015-2,3 k €↑
2014
Annual accounts 2014-12,8 k €↓
2013
Annual accounts 201356,3 k €↓
2011
Annual accounts 201157,5 k €↑
2010
Annual accounts 201053,3 k €↑
2009
Annual accounts 2009-2,8 k €↓
2008
Annual accounts 20083,5 k €↑
2007
Annual accounts 2007-1,8 k €↑
2006
Annual accounts 2006-3,3 k €
01/06/2004
IncorporationPrivate company with limited liability

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

MADECO & CO

Overview

What does MADECO & CO do?

Trend over 18 financial years

Indicative valuation

Board of directors

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