ACTIVE

MADFIVE

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

83,7 k €

-50.4% YoY

Gross margin

214,8 k €

-27.6% YoY

Equity

1,3 M €

+7.1% YoY

What does MADFIVE do?

MADFIVE is a Private limited company incorporated in 2005. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Deinze.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0871.176.596

Incorporation

13/01/2005

Legal form

Private limited company

Registered office

De Kogge 5
9800 Deinze · FlandreSee on map

Contributed capital

12 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies 68203Rental and operating of own or leased real estate+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2010		2009		2008		2007		2006
Income statement
Gross margin	214,8 k €	-27.6%	296,7 k €	+30.4%	227,5 k €	+37.3%	165,7 k €	-39.3%	273,2 k €	+46.0%	187,1 k €	-30.6%	269,5 k €	+105%	131,6 k €	+7.1%	122,9 k €	-25.5%	165 k €	+45.5%	113,4 k €	+82.3%	62,2 k €	+33.1%	46,7 k €	+5.2%	44,4 k €	-3.4%	46 k €	-40.6%	77,4 k €
EBITDA	209,4 k €	-27.4%	288,5 k €	+30.4%	221,3 k €	+37.9%	160,4 k €	-40.2%	268,1 k €	+48.9%	180 k €	-32.4%	266,5 k €	+94.2%	137,2 k €	+16.9%	117,4 k €	-26.3%	159,2 k €	+42.2%	111,9 k €	+83.2%	61,1 k €	+32.3%	46,2 k €	+5.5%	43,7 k €	-3.4%	45,3 k €	-39.4%	74,7 k €
Operating result	143,7 k €	-35.0%	221,1 k €	+45.2%	152,3 k €	+61.3%	94,4 k €	-53.6%	203,7 k €	+71.8%	118,6 k €	+17.0%	101,3 k €	+49.7%	67,7 k €	-10.2%	75,4 k €	-48.5%	146,3 k €	+34.6%	108,7 k €	+91.4%	56,8 k €	+23.0%	46,2 k €	+5.5%	43,7 k €	-3.4%	45,3 k €	-26.9%	62 k €
Net result	83,7 k €	-50.4%	168,5 k €	+89.0%	89,2 k €	-47.1%	168,5 k €	+49.1%	113 k €	+93.0%	58,6 k €	-79.6%	287,5 k €	+667%	37,5 k €	+4.1%	36 k €	-59.5%	88,8 k €	+52.9%	58,1 k €	+44.4%	40,2 k €	+50.0%	26,8 k €	-12.2%	30,6 k €	+4.0%	29,4 k €	-28.8%	41,3 k €
Balance sheet
Equity	1,3 M €	+7.1%	1,2 M €	+12.5%	1 M €	+9.3%	959,6 k €	+16.2%	826,1 k €	-3.8%	859 k €	-5.1%	905,5 k €	+46.5%	618 k €	+6.5%	580,5 k €	+6.6%	544,6 k €	+19.5%	455,7 k €	+152%	180,8 k €	+28.6%	140,5 k €	+23.6%	113,7 k €	+36.8%	83,1 k €	+54.6%	53,8 k €
Total assets	2,1 M €	-2.1%	2,1 M €	-4.0%	2,2 M €	-9.2%	2,5 M €	-1.6%	2,5 M €	-0.1%	2,5 M €	-2.8%	2,6 M €	+105%	1,3 M €	+17.5%	1,1 M €	+69.4%	631,4 k €	+26.9%	497,5 k €	+50.5%	330,6 k €	+4.8%	315,3 k €	-0.1%	315,5 k €	-1.0%	318,8 k €	+335%	73,2 k €
Cash	23,1 k €	-54.8%	51 k €	-65.0%	145,7 k €	-43.9%	259,6 k €	+50.1%	173 k €	+9.6%	157,9 k €	+14.2%	138,3 k €	-24.6%	183,4 k €	+8.7%	168,8 k €	+110%	80,2 k €	+149%	32,2 k €	+310%	7,9 k €	+132%	3,4 k €	+114%	1,6 k €	-66.7%	4,8 k €	+226%	1,5 k €
Debts	837,6 k €	-12.8%	960,4 k €	-18.9%	1,2 M €	-21.1%	1,5 M €	-10.2%	1,7 M €	+2.0%	1,6 M €	-1.5%	1,7 M €	+164%	631,4 k €	+31.2%	481,4 k €	+476%	83,6 k €	+100%	41,8 k €	-72.1%	149,8 k €	-14.3%	174,8 k €	-13.4%	201,8 k €	-14.3%	235,6 k €	+1111%	19,5 k €
Other
Workforce	–		–		–		0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Filip Verhaeghe

Director

Active

Isabelle Buys

Director

Active

Ended mandates

Isabelle Buys

Manager · since 02 mai 2008

Ended

Isabelle BUYS

Manager · since 01 mai 2008

Ended

Filip Verhaeghe

Manager · since 06 janvier 2005

Ended

Filip VERHAEGHE

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
DE BLAUWE POORT● Active	0607.974.026
RIMMOPA● Active	0439.671.405

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	29/08/2025	29/08/2024	11/08/2023	09/08/2022	30/08/2021
General meeting	29/08/2026	02/05/2025	28/06/2024	05/05/2023	06/05/2022	07/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	29/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	02/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	05/05/2023	11/08/2023	Dutch	PDF
Abridged model	31/12/2021	06/05/2022	09/08/2022	Dutch	PDF
Abridged model	31/12/2020	07/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	02/05/2020	17/07/2020	Dutch	PDF
Abridged model	31/12/2018	03/05/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	04/05/2018	30/07/2018	Dutch	PDF
Abridged model	31/12/2016	05/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	02/05/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	04/05/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	06/05/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	02/05/2008	04/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/05/2007	20/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 2 active · 5 ended

Active mandates

Filip Verhaeghe

Director

Active

Isabelle Buys

Director

Active

Ended mandates

Isabelle Buys

Manager · since 02 mai 2008

Ended

Isabelle BUYS

Manager · since 01 mai 2008

Ended

Filip Verhaeghe

Manager · since 06 janvier 2005

Ended

Filip VERHAEGHE

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office17/02/2012
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/09/2008
ONTSLAGEN - BENOEMINGEN
PDF
Other24/01/2005
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 202583,7 k €↓
2024
Annual accounts 2024168,5 k €↑
2023
Annual accounts 202389,2 k €↓
2022
Annual accounts 2022168,5 k €↑
2021
Annual accounts 2021113 k €↑
2020
Annual accounts 202058,6 k €↓
2019
Annual accounts 2019287,5 k €↑
2018
Annual accounts 201837,5 k €↑
2017
Annual accounts 201736 k €↓
2016
Annual accounts 201688,8 k €↑
2015
Annual accounts 201558,1 k €↑
2010
Annual accounts 201040,2 k €↑
2009
Annual accounts 200926,8 k €↓
2008
Annual accounts 200830,6 k €↑
2007
Annual accounts 200729,4 k €↓
2006
Annual accounts 200641,3 k €
13/01/2005
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

MADFIVE

Overview

What does MADFIVE do?

Trend over 16 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