MADLEN
0869.780.687 · rovalta.com · 22/09/2026
ACTIVE
MADLEN
Financial year 2025 · closed on 31/12/2025
Net result
-14,6 k €
-127.4% YoY
Gross margin
10,7 k €
-28.4% YoY
Equity
-17 k €
-615.9% YoY
Overview
What does MADLEN do?
MADLEN is a Private limited company incorporated in 2004. Its main activity is: Sports activities and amusement and recreation activities. Its registered office is in Tervuren.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0869.780.687
Incorporation
02/11/2004
Legal form
Private limited company
Registered office
Brusselsesteenweg 110
3080 Tervuren · FlandreSee on map
3080 Tervuren · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
Healthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 10,7 k € | -28.4% | 14,9 k € | -41.4% | 25,5 k € | +55.8% | 16,4 k € | +192% | 5,6 k € | -45.8% | 10,4 k € | +4.3% | 9,9 k € | -10.8% | 11,1 k € | +261% | 3,1 k € | -77.4% | 13,7 k € | +11.4% | 12,3 k € | +1702% | -765,7 € | +84.0% | -4,8 k € | -130% | 16,1 k € | +431% | -4,8 k € | -144% | 10,9 k € | +0.3% | 10,9 k € | -25.0% | 14,5 k € |
| EBITDA | -12,7 k € | -104% | -6,2 k € | -200% | 6,2 k € | +200% | 2,1 k € | -31.0% | 3 k € | -46.5% | 5,6 k € | +233% | -4,2 k € | -1097% | -351 € | +94.0% | -5,8 k € | -237% | 4,3 k € | +191% | 1,5 k € | +232% | -1,1 k € | +81.9% | -6,2 k € | -268% | -1,7 k € | +90.0% | -16,8 k € | -100% | -8,4 k € | -845% | -887,9 € | +47.4% | -1,7 k € |
| Operating result | -12,7 k € | -104% | -6,2 k € | -200% | 6,2 k € | +200% | 2,1 k € | -31.0% | 3 k € | -46.5% | 5,6 k € | +233% | -4,2 k € | -457% | -754 € | +87.9% | -6,2 k € | -262% | 3,9 k € | +263% | 1,1 k € | +196% | -1,1 k € | +84.4% | -7,1 k € | -170% | -2,6 k € | +85.1% | -17,7 k € | -33.4% | -13,3 k € | -102% | -6,6 k € | -0.2% | -6,6 k € |
| Net result | -14,6 k € | -127% | -6,4 k € | -207% | 6 k € | +374% | 1,3 k € | -56.4% | 2,9 k € | -40.7% | 4,9 k € | +199% | -4,9 k € | -343% | -1,1 k € | +83.2% | -6,6 k € | -301% | 3,3 k € | -95.0% | 66,2 k € | +6012% | -1,1 k € | +84.7% | -7,3 k € | -150% | -2,9 k € | +83.5% | -17,7 k € | -28.1% | -13,9 k € | -115% | -6,4 k € | +2.2% | -6,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -17 k € | -616% | -2,4 k € | -159% | 4,1 k € | +307% | -2 k € | +39.3% | -3,2 k € | +47.4% | -6,1 k € | +44.4% | -11 k € | -80.7% | -6,1 k € | -22.3% | -5 k € | -408% | 1,6 k € | +197% | -1,7 k € | +97.3% | -62,7 k € | -1.8% | -61,6 k € | -13.5% | -54,3 k € | -5.7% | -51,4 k € | -52.8% | -33,6 k € | -70.1% | -19,8 k € | -2328% | -814 € |
| Total assets | 8,3 k € | +305% | 2 k € | -80.0% | 10,2 k € | +439% | 1,9 k € | -23.5% | 2,5 k € | +514% | 403 € | -83.9% | 2,5 k € | -13.9% | 2,9 k € | +219% | 913 € | -85.8% | 6,4 k € | +60.8% | 4 k € | -45.6% | 7,3 k € | +0.8% | 7,3 k € | -18.1% | 8,9 k € | +69.5% | 5,3 k € | +47.7% | 3,6 k € | -78.9% | 16,9 k € | -79.6% | 82,4 k € |
| Cash | 116,9 € | -64.8% | 331,8 € | -94.4% | 5,9 k € | +220% | 1,8 k € | +54.1% | 1,2 k € | +604% | 170 € | -93.1% | 2,5 k € | -14.2% | 2,9 k € | +522% | 460 € | +15233% | 3 € | – | 60,8 € | 0.0% | 60,8 € | -57.0% | 141,3 € | +53.8% | 91,9 € | – | – | – | |||||
| Debts | 25,3 k € | +472% | 4,4 k € | -28.1% | 6,1 k € | +59.4% | 3,9 k € | -32.4% | 5,7 k € | -12.8% | 6,5 k € | -51.7% | 13,5 k € | +50.2% | 9 k € | +52.6% | 5,9 k € | +22.9% | 4,8 k € | -15.3% | 5,7 k € | -91.9% | 70,1 k € | +1.7% | 68,9 k € | +9.0% | 63,2 k € | +11.6% | 56,6 k € | +52.3% | 37,2 k € | +1.5% | 36,6 k € | -56.0% | 83,2 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | 1,0 ETP | +900% | 0,1 ETP | -94.7% | 1,9 ETP | +26.7% | 1,5 ETP | +400% | 0,3 ETP | |||||||||||||
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 3 ended
Active mandates
HAYRIYE ER
ActiveEnded mandates
MIKAIL SELVI
EndedSAOULA JABER TEMSAMANI
EndedFILIPPO CALASCIBETTA
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Abridged 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 | 18/09/2026 | 20/06/2025 | 18/09/2024 | 01/09/2023 | 20/06/2022 | 14/07/2021 |
| General meeting | 09/06/2026 | 10/06/2025 | 11/06/2024 | 14/06/2023 | 17/06/2022 | 05/07/2021 |
| 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 daysFilings
Annual accounts filings
18 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 09/06/2026 | 18/09/2026 | French | |
| Micro model | 31/12/2024 | 10/06/2025 | 20/06/2025 | Dutch | |
| Micro model | 31/12/2023 | 11/06/2024 | 18/09/2024 | Dutch | |
| Micro model | 31/12/2022 | 14/06/2023 | 01/09/2023 | Dutch | |
| Micro model | 31/12/2021 | 17/06/2022 | 20/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 05/07/2021 | 14/07/2021 | French | |
| Abridged model | 31/12/2019 | 16/06/2020 | 18/06/2020 | French | |
| Abridged model | 31/12/2018 | 18/06/2019 | 25/09/2019 | French | |
| Abridged model | 31/12/2017 | 19/06/2018 | 03/07/2018 | French | |
| Abridged model | 31/12/2016 | 13/06/2017 | 19/07/2017 | French | |
| Abridged model | 31/12/2015 | 30/06/2016 | 29/08/2016 | French | |
| Abridged model | 31/12/2013 | 10/06/2014 | 17/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 11/06/2013 | 23/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 12/06/2012 | 27/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 14/06/2011 | 04/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 08/06/2010 | 30/09/2010 | Dutch | |
| Abridged model | 31/12/2008 | 01/09/2009 | 02/06/2010 | French | |
| Abridged model | 31/12/2006 | 24/06/2007 | 31/08/2007 | French |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 3 ended
Active mandates
HAYRIYE ER
ActiveEnded mandates
MIKAIL SELVI
EndedSAOULA JABER TEMSAMANI
EndedFILIPPO CALASCIBETTA
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates26/06/2024ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
- Mandates31/01/2018KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates12/11/2014KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates26/05/2010ONTSLAGEN - BENOEMINGEN - DIVERSEN
- Mandates10/05/2010ONTSLAGEN - BENOEMINGEN
- Mandates25/03/2010ONTSLAGEN - BENOEMINGEN
- Mandates01/08/2008SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
- Registered office23/06/2006SIEGE SOCIAL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-14,6 k €↓
- 2024Annual accounts 2024-6,4 k €↓
- 2023Annual accounts 20236 k €↑
- 2022Annual accounts 20221,3 k €↓
- 2021Annual accounts 20212,9 k €↓
- 2020Annual accounts 20204,9 k €↑
- 2019Annual accounts 2019-4,9 k €↓
- 2018Annual accounts 2018-1,1 k €↑
- 2017Annual accounts 2017-6,6 k €↓
- 2016Annual accounts 20163,3 k €↓
- 2015Annual accounts 201566,2 k €↑
- 2013Annual accounts 2013-1,1 k €↑
- 2012Annual accounts 2012-7,3 k €↓
- 2011Annual accounts 2011-2,9 k €↑
- 2010Annual accounts 2010-17,7 k €↓
- 2009Annual accounts 2009-13,9 k €↓
- 2008Annual accounts 2008-6,4 k €↑
- 2006Annual accounts 2006-6,6 k €
- 02/11/2004IncorporationPrivate limited company