Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
ADEM from Bierbeek, company number BE0410147375, closed financial year 2025 with a result of € -360,765 after tax. For that financial year ADEM recorded revenue of € 961,851 and equity of € 5.7 million. Compared with financial year 2024, the result moved from € -196,017 to € -360,765. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 5.7 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -360,765
▼ 84 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2 million
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
209.1
▲ 2.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.5 million
▲ 5% vs 2024
€ 78,700 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.
€ 417,336
▲ 9% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▲ 227% vs 2024
€ 78,506 is repaid this year. At this pace the long-term loan is gone in ≈ 32 years.
€ 595,863
▲ 164% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 98 days on average.
€ 3.6 million
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 725,858 | € 833,280 | € 851,909 | € 961,851 | ▲ 13% |
| Profit after taxes | € -71,441 | € -127,119 | € -196,017 | € -360,765 | ▼ € 164,748 |
| Equity | € 6,094,765 | € 5,951,595 | € 6,033,749 | € 5,713,999 | ▼ 5% |
| Total debts | € 4,732,123 | € 5,053,739 | € 4,724,613 | € 6,700,276 | ▲ 42% |
| Cash | € 3,237,962 | € 4,024,646 | € 2,602,715 | € 2,011,290 | ▼ 23% |
| Land & buildings | € 4,406,416 | € 4,168,807 | € 3,902,143 | € 5,462,123 | ▲ 40% |
| Retained profit | € 2,623,072 | € 2,495,953 | € 2,299,936 | € 1,939,171 | ▼ 16% |
| Bank debt | € 935,272 | € 844,886 | € 760,947 | € 2,486,150 | ▲ 227% |
| Balance sheet total | € 10,826,887 | € 11,005,334 | € 10,758,362 | € 12,414,275 | ▲ 15% |
| Employees (FTE) | 192.3 | 198 | 206.2 | 209.1 | ▲ 2.9 |
Key figures of 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 ADEM?
What happened at ADEM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hans Vertommen stepped down as director. NBB
- Ann Gaublomme stepped down as director. NBB
- Christa Claessens stepped down as director. NBB
- Gilbert Verbinnen stepped down as director. NBB
- Inez Vandenbussche stepped down as director. NBB
- Joseph Vaneygen stepped down as director. NBB
- Yvan Verbakel stepped down as director. NBB
- Martine De Wulf stepped down as director. NBB
In short
From € 71,441 loss in 2022 to € 360,765 loss in 2025.
Pays suppliers within 98 days on average.
Management
It owns People Made itself.
Directors
According to the 2025 annual accounts
Hans Vertommen
Director
since 2026 · until 2031
Ann Gaublomme
Director
Also active at: ACADEMISCHE COOPERATIEVE VENNOOTSCHAP, HUBBIE, Beschut Wonen De Lariks
since 2026 · until 2031
Joseph Vaneygen
Vice-chairman of the board
Also active at: Woon en Zorgcentrum Sint-Bernardus Bertem, Triangle - Wallonie
since 2025 · until 2028
Christa Claessens
Director
since 2026 · until 2031
Yvan Verbakel
Director
Also active at: Kribbe Sint-Jacob, Filosofisch en Theologisch College der Societeit van Jesus, Groepsopvang De Hartjes, Living Stone Dialoog, ViaVia Tourism Academy, Woon- en zorgcentrum Annuntiaten Heverlee
since 2023 · until 2027
Gilbert Verbinnen
Chairman of the board
Also active at: Kribbe Sint-Jacob, HOME VOGELZANG, Kinderdagverblijf Lutgardisschool Elsene, Groepsopvang De Hartjes, Centra voor Opvang en begeleiding - annuntiaten Heverlee
since 2024 · until 2028
Martine De Wulf
Director
since 2023 · until 2027
since 2024 · until 2028
Roger Vermaerke
Director
since 2023 · until 2027
Establishments
Establishment units
Physical locations of this company
Klein Park 1
3360 Bierbeek
Tiensesteenweg 190
3001 Leuven
Active since 3 January 2019
Klein-Vlasselaar 3
3111 Rotselaar
Active since 1 April 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0410.147.375
- VAT number
- BE 0410.147.375
- Registered office
- Klein Park 1, 3360 Bierbeek
- Names & denominations
- ADEM
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 10 November 1967
- Peppol
- Active · Active since 27 Jun 2025
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