Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Ad Rem et Co from Hemiksem, company number BE0412399854, closed financial year 2025 with a result of € -30,790 after tax. For that financial year Ad Rem et Co recorded a gross margin of € -1,495 and equity of € 639,919. Compared with financial year 2024, the result moved from € -8,482 to € -30,790. 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 October 15, 2026.
€ 639,919
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -30,790
▼ 263 % more loss than in 2024
Profit after tax over the fiscal year.
€ 149
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -203,854.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 200,935
▼ 84% vs 2024
Loans from banks and other lenders, long and short.
€ 4,788
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -990 | € -3,920 | € -1,748 | € -1,495 | ▲ € 253 |
| Profit after taxes | € -4,555 | € -6,832 | € -8,482 | € -30,790 | ▼ € 22,308 |
| Equity | € 686,022 | € 679,190 | € 670,708 | € 639,919 | ▼ 5% |
| Total debts | € 1,323,538 | € 1,332,326 | € 1,341,998 | € 284,724 | ▼ 79% |
| Cash | € 3 | € 1,958 | € 3,148 | € 149 | ▼ 95% |
| Retained profit | € -157,750 | € -164,582 | € -173,064 | € -203,854 | ▼ € 30,790 |
| Bank debt | € 1,260,000 | € 1,260,000 | € 1,260,000 | € 200,935 | ▼ 84% |
| Balance sheet total | € 2,009,561 | € 2,011,516 | € 2,012,706 | € 924,642 | ▼ 54% |
Key figures of Ad Rem et Co, 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 Ad Rem et Co?
What happened at Ad Rem et Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 30,790. filed late Source: NBB ↗
- Lieven Cuyckens became a director. NBB
- New establishment in Hemiksem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,555 loss in 2022 to € 30,790 loss in 2025.
Paid € 3,584 in corporate taxes since 2022.
Management
The stake of CRILU INVEST, BUNDERBEEK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Ad Rem et CoBehind Ad Rem et Co is Lieven Cuyckens. The shares are held by CRILU INVEST (30%) and BUNDERBEEK (18.6%). It owns 100% of Frajo's itself.
Directors
According to the 2025 annual accounts
since 2010
Shareholders
30%
18.6%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Scheldeoever 12 box 14
2620 Hemiksem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.399.854
- VAT number
- BE 0412.399.854
- Registered office
- Scheldeoever 12 bus 14, 2620 Hemiksem
- Names & denominations
- Ad Rem et Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1972
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Detailhandel in antiquiteiten
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.