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 2025 and 2025.
Financials
Financial year 2025
A.D Min from Stavelot, company number BE0411995028, closed financial year 2025 with a result of € -28,809 after tax. For that financial year A.D Min recorded a gross margin of € 2,012 and equity of € 20,218. Compared with financial year 2025, the result moved from € -7,746 to € -28,809. The company made a loss. The buffer shrank hard: equity is 59 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 20,218
▼ 59% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,809
▼ 272 % more loss than in 2025
Profit after tax over the fiscal year.
€ 10,200
▼ 40% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59,782.
People and assets in 2025
€ 14,573
▲ 13% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 60,207
▼ 13% vs 2025
€ 9,961 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 631
▼ 96% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 29,196 | € 21,260 | € 23,755 | € 2,012 | ▼ 92% |
| Profit after taxes | € 2,610 | € -7,638 | € -7,746 | € -28,809 | ▼ € 21,063 |
| Equity | € 64,411 | € 56,773 | € 49,027 | € 20,218 | ▼ 59% |
| Total debts | € 152,115 | € 147,637 | € 137,147 | € 66,341 | ▼ 52% |
| Cash | € 19,071 | € 16,520 | € 16,963 | € 10,200 | ▼ 40% |
| Land & buildings | € 97,572 | € 87,044 | € 76,516 | € 65,988 | ▼ 14% |
| Retained profit | € -15,589 | € -23,227 | € -30,973 | € -59,782 | ▼ € 28,809 |
| Bank debt | € 88,773 | € 79,060 | € 69,263 | € 60,207 | ▼ 13% |
| Balance sheet total | € 216,526 | € 204,410 | € 186,174 | € 86,558 | ▼ 54% |
Key figures of A.D Min, fiscal years 2023 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 A.D Min?
What happened at A.D Min in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,746. Source: NBB ↗
- Aurélie Depierreux became a director. NBB
- Gaetan DEPIERREUX became a director. NBB
- New establishment in Spa. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,610 profit in 2023 to € 28,809 loss in 2025.
Paid € 3 in corporate taxes since 2023.
Best year ever: 2023, with € 2,610 profit.
Management
Behind A.D Min are Gaetan DEPIERREUX and Aurélie Depierreux. Gaetan DEPIERREUX is also behind AVENCOBIM, PASTAN and ASPIGA.
Establishments
Establishment units
Physical locations of this company
Ster 13
4970 Stavelot
Avenue Reine Astrid 29
4900 Spa
Active since 11 June 1979
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.995.028
- VAT number
- BE 0411.995.028
- Registered office
- Ster 13, 4970 Stavelot
- Names & denominations
- A.D Min
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1972
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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