Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.8 to 3.3.
Financials
Financial year 2025
Nouvel Adem from Wavre, company number BE0400338992, closed financial year 2025 with a result of € 404,825 after tax. For that financial year Nouvel Adem recorded revenue of € 1.6 million and equity of € 440,088. Compared with financial year 2024, the result moved from € -66,396 to € 404,825. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 440,088
▲ € 404,825 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 404,825
▲ still € 66,396 loss in 2024
Profit after tax over the fiscal year.
€ 50,957
▲ € 46,731 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 377,989.
People and assets in 2025
3.3
▼ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 196,500
▼ 33% vs 2024
€ 59,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 88,954
▲ 112% vs 2024
Of which on lease € 43,224.
Debts at end 2025
€ 47,633
▼ 89% vs 2024
€ 12,411 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 157,349
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 42,820
▼ 63% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,553,254 | € 1,197,806 | € 991,249 | € 1,564,833 | ▲ 58% |
| Gross margin | € 356,283 | € 340,468 | € 312,049 | € 311,166 | |
| Profit after taxes | € 2,043 | € -20,289 | € -66,396 | € 404,825 | ▲ € 471,221 |
| Equity | € 203,995 | € 101,660 | € 35,264 | € 440,088 | ▲ € 404,825 |
| Total debts | € 1,416,893 | € 1,417,759 | € 1,634,714 | € 1,123,670 | ▼ 31% |
| Cash | € 5,433 | € 6,800 | € 4,227 | € 50,957 | ▲ € 46,731 |
| Land & buildings | € 545,629 | € 521,283 | € 496,937 | € 162,770 | ▼ 67% |
| Retained profit | € 141,896 | € 39,560 | € -26,836 | € 377,989 | ▲ € 404,825 |
| Bank debt | € 591,627 | € 495,927 | € 425,454 | € 47,633 | ▼ 89% |
| Balance sheet total | € 1,620,887 | € 1,519,418 | € 1,669,978 | € 1,660,098 | ▼ 1% |
| Employees (FTE) | 5.2 | 5.8 | 5.3 | 3.3 | ▼ 2 |
Key figures of Nouvel Adem, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Nouvel Adem?
What happened at Nouvel Adem in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 404,825. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Wavre. KBO
In short
From € 2,043 profit in 2022 to € 404,825 profit in 2025.
Paid € 33,087 in corporate taxes since 2022.
Best year ever: 2025, with € 404,825 profit.
On average € 94,300 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Nouvel Adem are VALERIE BERTHE and CHRISTOPHE BERTHE.
Directors
According to the 2025 annual accounts
VALERIE BERTHE
Director
CHRISTOPHE BERTHE
Director
Establishments
Establishment units
Physical locations of this company
Rue Saint-Roch 20
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0400.338.992
- VAT number
- BE 0400.338.992
- Registered office
- Rue Saint-Roch 20, 1300 Wavre
- Names & denominations
- Nouvel Adem
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 May 1965
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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