Admiro is a wholesaler in Elsene. Public Limited, started on 31 May 1972, 1 establishment.

What is the address of Admiro?

The registered office of Admiro is located at Louizalaan 221, 1050 Elsene.

Is Admiro still active?

Yes. According to the CBE (29 October 2026) Admiro is active, legal situation “Normale toestand”, started on 31 May 1972.

Is Admiro registered on Peppol?

Yes, Admiro is registered on the Peppol network with ID 0208:0412443010.

What is the enterprise number of Admiro?

The enterprise number of Admiro is BE0412443010.

When was Admiro founded?

Admiro was founded on 31 May 1972.

Who are the directors of Admiro?

According to the 2025 annual accounts, the directors of Admiro are: Erol KANDIYOTI, Igal KANDIYOTI, Claude KANDIYOTI, K FINANCE COORDINATION & SERVICES SA.

Is Admiro a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 May 1972; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did Admiro make in 2025?

Admiro posted a profit after taxes of € 65,941 in financial year 2025.

What is the revenue of Admiro?

In its most recent annual accounts (2025), Admiro reported revenue of € 25,399,563.

How much does an employee at Admiro earn?

The average wage cost per full-time employee at Admiro was € 96,300 in 2025: staff costs of € 289,006 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Admiro have?

According to the 2025 annual accounts, Admiro has 3 full-time equivalents (FTE).

Admiro (Public Limited) - Elsene - BE0412443010

Dossier Admiro, printed on 29 October 2026 from databakkes.be/en/0412443010/admiro. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Figures corrected NBB

Corrected annual account filed for 2025.
Busy address KBO

29 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Admiro from Elsene, company number BE0412443010, closed financial year 2025 with a result of € 65,941 after tax. For that financial year Admiro recorded revenue of € 25.4 million and equity of € 6 million. Compared with financial year 2024, the result moved from € 288,366 to € 65,941. The company is profitable. 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 September 28, 2026.

What it is worth Healthy

€ 6 million

▼ 29% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 65,941

▼ 77% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 911,069

▼ 5% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 2.5 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 289,006

▲ 6% vs 2024

€ 96,300 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.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2.1 million

▲ 1% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.

Taxes and wages

€ 101,549

▲ 39% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 43,366,061 Revenue 2022: € 43,366,061 First fiscal year in the series	€ 32,671,824 Revenue 2023: € 32,671,824 ▼ 25% vs 2022 (€ 43,366,061) Unfavourable step	€ 30,983,418 Revenue 2024: € 30,983,418 ▼ 5% vs 2023 (€ 32,671,824) Unfavourable step	€ 25,399,563 Revenue 2025: € 25,399,563 ▼ 18% vs 2024 (€ 30,983,418) Unfavourable step	▼ 18%
Profit after taxes	€ 581,720 Profit after taxes 2022: € 581,720 First fiscal year in the series	€ 211,208 Profit after taxes 2023: € 211,208 ▼ 64% vs 2022 (€ 581,720) Unfavourable step	€ 288,366 Profit after taxes 2024: € 288,366 ▲ 37% vs 2023 (€ 211,208) Favourable step	€ 65,941 Profit after taxes 2025: € 65,941 ▼ 77% vs 2024 (€ 288,366) Unfavourable step	▼ 77%
Equity	€ 7,900,220 Equity 2022: € 7,900,220 First fiscal year in the series	€ 8,106,712 Equity 2023: € 8,106,712 ▲ 3% vs 2022 (€ 7,900,220) Favourable step	€ 8,387,987 Equity 2024: € 8,387,987 ▲ 3% vs 2023 (€ 8,106,712) Favourable step	€ 5,953,928 Equity 2025: € 5,953,928 ▼ 29% vs 2024 (€ 8,387,987) Unfavourable step	▼ 29%
Total debts	€ 5,026,692 Total debts 2022: € 5,026,692 First fiscal year in the series	€ 2,344,785 Total debts 2023: € 2,344,785 ▼ 53% vs 2022 (€ 5,026,692) Favourable step	€ 2,193,344 Total debts 2024: € 2,193,344 ▼ 6% vs 2023 (€ 2,344,785) Favourable step	€ 2,226,647 Total debts 2025: € 2,226,647 ▲ 2% vs 2024 (€ 2,193,344) Unfavourable step	▲ 2%
Cash	€ 735,132 Cash 2022: € 735,132 First fiscal year in the series	€ 354,133 Cash 2023: € 354,133 ▼ 52% vs 2022 (€ 735,132) Unfavourable step	€ 954,769 Cash 2024: € 954,769 ▲ 170% vs 2023 (€ 354,133) Favourable step	€ 911,069 Cash 2025: € 911,069 ▼ 5% vs 2024 (€ 954,769) Unfavourable step	▼ 5%
Retained profit	€ 7,274,289 Retained profit 2022: € 7,274,289 First fiscal year in the series	€ 7,480,781 Retained profit 2023: € 7,480,781 ▲ 3% vs 2022 (€ 7,274,289) Favourable step	€ 7,762,056 Retained profit 2024: € 7,762,056 ▲ 4% vs 2023 (€ 7,480,781) Favourable step	€ 5,327,997 Retained profit 2025: € 5,327,997 ▼ 31% vs 2024 (€ 7,762,056) Unfavourable step	▼ 31%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 2,500,000 Dividend 2025: € 2,500,000 Unchanged (€ 0) Unchanged
Balance sheet total	€ 12,926,912 Balance sheet total 2022: € 12,926,912 First fiscal year in the series	€ 10,451,497 Balance sheet total 2023: € 10,451,497 ▼ 19% vs 2022 (€ 12,926,912) Unchanged	€ 10,581,331 Balance sheet total 2024: € 10,581,331 ▲ 1% vs 2023 (€ 10,451,497) Unchanged	€ 8,180,574 Balance sheet total 2025: € 8,180,574 ▼ 23% vs 2024 (€ 10,581,331) Unchanged	▼ 23%
Employees (FTE)	4.3 Employees (FTE) 2022: 4.3 First fiscal year in the series	3.8 Employees (FTE) 2023: 3.8 ▼ 0.5 vs 2022 (4.3) Unchanged	3 Employees (FTE) 2024: 3 ▼ 0.8 vs 2023 (3.8) Unchanged	3 Employees (FTE) 2025: 3 Unchanged (3) Unchanged

Key figures of Admiro, 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 Admiro?

What happened at Admiro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Erol KANDIYOTI stepped down as director. NBB
2029 Igal KANDIYOTI stepped down as director. NBB
2029 Claude KANDIYOTI stepped down as director. NBB
2029 K FINANCE COORDINATION & SERVICES SA stepped down as director. NBB
Sep 28, 2026 Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
2018 Erol KANDIYOTI became a director. NBB
2018 Igal KANDIYOTI became a director. NBB
2018 Claude KANDIYOTI became a director. NBB

In short

From € 581,720 profit in 2022 to € 65,941 profit in 2025.

Paid € 435,064 in corporate taxes since 2022.

Best year ever: 2022, with € 581,720 profit.

Paid out € 2.5 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

K FINANCE COORDINATION & SERVICES 98%

The stake of K FINANCE COORDINATION & SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Admiro

CHEMITEX SA 0%

The shares are held by K FINANCE COORDINATION & SERVICES (98%). It owns 0% of CHEMITEX SA itself.

Directors

According to the 2025 annual accounts

Erol KANDIYOTI

Managing director

Also active at: L'Union Immobilière, Chemitex, K FINANCE COORDINATION & SERVICES, MUSICA MUNDI SCHOOL, TEX DEVELOPMENT, KREST REAL ESTATE INVESTMENTS, KREST 3, KREST 2 +3 more

since 2018 · until 2029

Igal KANDIYOTI

Managing director

Also active at: Chemitex, K FINANCE COORDINATION & SERVICES, COTITEX, KREST & C°, TEX DEVELOPMENT, KREST 3, KREST 2, K PUURS LOGISTICS +3 more

since 2018 · until 2029

Claude KANDIYOTI

Director

Also active at: COTITEX

since 2018 · until 2029

K FINANCE COORDINATION & SERVICES SA

Director · represented by Ralfi KANDIYOTI

Also active at: Chemitex, TEX DEVELOPMENT

since 2018 · until 2029

Shareholders

K FINANCE COORDINATION & SERVICES

98%

Participations

CHEMITEX SA

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 221

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.

All companies at this address →

L'Union Immobilière same network

€ 39,400 gross margin · 2025

PATRIA

€ 107,560 gross margin · 2025

Chemitex same network

€ 101.3 million revenue · 2025

Amicale du Personnel d'Old England

Association de l'Avenue Louise

+24 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0412.443.010

VAT number

BE 0412.443.010

Registered office

Louizalaan 221, 1050 Elsene

Names & denominations

Admiro

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 May 1972

Peppol

Active · Active since 11 Dec 2025

Activities · NACE

Groothandel in huishoudtextiel en beddengoed

Groothandel in textiel

View on CBE Public ↗ Annual accounts (NBB) ↗

Admiro

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Financials

What happened to Admiro?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions