What does ADF TIB do?

ADF TIB is a metalworking company in Evergem. Public Limited, started on 16 July 1976, 2 establishments.

What is the address of ADF TIB?

The registered office of ADF TIB is located at Finlandstraat 17 box 2, 9940 Evergem.

Is ADF TIB still active?

Yes. According to the CBE (30 October 2026) ADF TIB is active, legal situation “Normale toestand”, started on 16 July 1976.

Is ADF TIB registered on Peppol?

Yes, ADF TIB is registered on the Peppol network with ID 0208:0415973414.

What is the enterprise number of ADF TIB?

The enterprise number of ADF TIB is BE0415973414.

When was ADF TIB founded?

ADF TIB was founded on 16 July 1976.

Who are the directors of ADF TIB?

According to the 2025 annual accounts, the directors of ADF TIB are: GROUPE ADF BO, ADF CROISSANCE BO.

Is ADF TIB a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 July 1976; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did ADF TIB make in 2025?

ADF TIB posted a profit after taxes of € 1,576,604 in financial year 2025.

What is the revenue of ADF TIB?

In its most recent annual accounts (2025), ADF TIB reported revenue of € 22,780,603.

How much does an employee at ADF TIB earn?

The average wage cost per full-time employee at ADF TIB was € 78,500 in 2025: staff costs of € 4.5 million for 57.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ADF TIB have?

According to the 2025 annual accounts, ADF TIB has 57.1 full-time equivalents (FTE).

ADF TIB (Public Limited) - Evergem - BE0415973414

Dossier ADF TIB, printed on 30 October 2026 from databakkes.be/en/0415973414/adf-tib. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ADF TIB from Evergem, company number BE0415973414, closed financial year 2025 with a result of € 1.6 million after tax. For that financial year ADF TIB recorded revenue of € 22.8 million and equity of € 669,982. Compared with financial year 2024, the result moved from € 1.2 million to € 1.6 million. Profitable, and profit is growing. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.

What it is worth Shrank hard

€ 669,982

▼ 85% vs 2024

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

Profit Growing

€ 1.6 million

▲ 33% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 4.6 million

▲ € 3.8 million vs 2024

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

Where the profit goes Pays out

€ 5.4 million paid out

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

People and assets in 2025

Full-time equivalents

57.1

▼ 2 vs 2024

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: € 2.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 4.5 million

▼ 2% vs 2024

€ 78,500 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.

Vehicles and equipment

€ 102,376

▼ 58% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 5.9 million

▲ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 145 days on average.

Taxes and wages

€ 1.3 million

▲ 42% 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	€ 24,167,965 Revenue 2022: € 24,167,965 First fiscal year in the series	€ 23,441,937 Revenue 2023: € 23,441,937 ▼ 3% vs 2022 (€ 24,167,965) Unfavourable step	€ 21,060,487 Revenue 2024: € 21,060,487 ▼ 10% vs 2023 (€ 23,441,937) Unfavourable step	€ 22,780,603 Revenue 2025: € 22,780,603 ▲ 8% vs 2024 (€ 21,060,487) Favourable step	▲ 8%
Profit after taxes	€ 854,720 Profit after taxes 2022: € 854,720 First fiscal year in the series	€ 1,067,381 Profit after taxes 2023: € 1,067,381 ▲ 25% vs 2022 (€ 854,720) Favourable step	€ 1,189,048 Profit after taxes 2024: € 1,189,048 ▲ 11% vs 2023 (€ 1,067,381) Favourable step	€ 1,576,604 Profit after taxes 2025: € 1,576,604 ▲ 33% vs 2024 (€ 1,189,048) Favourable step	▲ 33%
Equity	€ 2,229,948 Equity 2022: € 2,229,948 First fiscal year in the series	€ 3,297,329 Equity 2023: € 3,297,329 ▲ 48% vs 2022 (€ 2,229,948) Favourable step	€ 4,486,377 Equity 2024: € 4,486,377 ▲ 36% vs 2023 (€ 3,297,329) Favourable step	€ 669,982 Equity 2025: € 669,982 ▼ 85% vs 2024 (€ 4,486,377) Unfavourable step	▼ 85%
Total debts	€ 13,603,349 Total debts 2022: € 13,603,349 First fiscal year in the series	€ 12,348,728 Total debts 2023: € 12,348,728 ▼ 9% vs 2022 (€ 13,603,349) Favourable step	€ 6,317,671 Total debts 2024: € 6,317,671 ▼ 49% vs 2023 (€ 12,348,728) Favourable step	€ 15,719,908 Total debts 2025: € 15,719,908 ▲ 149% vs 2024 (€ 6,317,671) Unfavourable step	▲ 149%
Cash	€ 6,915,844 Cash 2022: € 6,915,844 First fiscal year in the series	€ 537,518 Cash 2023: € 537,518 ▼ 92% vs 2022 (€ 6,915,844) Unfavourable step	€ 830,561 Cash 2024: € 830,561 ▲ 55% vs 2023 (€ 537,518) Favourable step	€ 4,612,854 Cash 2025: € 4,612,854 ▲ € 3.8 million vs 2024 (€ 830,561) Favourable step	▲ € 3.8 million
Retained profit	€ 1,629,948 Retained profit 2022: € 1,629,948 First fiscal year in the series	€ 2,697,329 Retained profit 2023: € 2,697,329 ▲ 65% vs 2022 (€ 1,629,948) Favourable step	€ 3,886,377 Retained profit 2024: € 3,886,377 ▲ 44% vs 2023 (€ 2,697,329) Favourable step	€ 69,982 Retained profit 2025: € 69,982 ▼ 98% vs 2024 (€ 3,886,377) Unfavourable step	▼ 98%
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	€ 5,393,000 Dividend 2025: € 5,393,000 Unchanged (€ 0) Unchanged
Bank debt	€ 531,000 Bank debt 2022: € 531,000 First fiscal year in the series	€ 349,000 Bank debt 2023: € 349,000 ▼ 34% vs 2022 (€ 531,000) Favourable step	€ 167,000 Bank debt 2024: € 167,000 ▼ 52% vs 2023 (€ 349,000) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 167,000) Favourable step	▼ 100%
Balance sheet total	€ 15,833,297 Balance sheet total 2022: € 15,833,297 First fiscal year in the series	€ 15,646,057 Balance sheet total 2023: € 15,646,057 ▼ 1% vs 2022 (€ 15,833,297) Unchanged	€ 10,804,049 Balance sheet total 2024: € 10,804,049 ▼ 31% vs 2023 (€ 15,646,057) Unchanged	€ 16,389,890 Balance sheet total 2025: € 16,389,890 ▲ 52% vs 2024 (€ 10,804,049) Unchanged	▲ 52%
Employees (FTE)	56.4 Employees (FTE) 2022: 56.4 First fiscal year in the series	59.1 Employees (FTE) 2023: 59.1 ▲ 2.7 vs 2022 (56.4) Unchanged	59.1 Employees (FTE) 2024: 59.1 Unchanged (59.1) Unchanged	57.1 Employees (FTE) 2025: 57.1 ▼ 2 vs 2024 (59.1) Unchanged	▼ 2

Key figures of ADF TIB, 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 ADF TIB?

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

2028 GROUPE ADF BO stepped down as director. NBB
2028 ADF CROISSANCE BO stepped down as director. NBB
Jul 17, 2026 New annual accounts for financial year 2025: profit of € 1.6 million (▲ 33% vs 2024). Source: NBB ↗
2022 GROUPE ADF BO became a director. NBB
2022 ADF CROISSANCE BO became a director. NBB
Nov 25, 2010 New establishment in Lessines. KBO
Aug 27, 1981 New establishment in Gent. KBO
Jul 16, 1976 Start of the company according to the CBE. KBO

In short

From € 854,720 profit in 2022 to € 1.6 million profit in 2025.

Paid € 2 million in corporate taxes since 2022.

Best year ever: 2025, with € 1.6 million profit.

Paid out € 5.4 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ADF BENELUX 100%

The stake of ADF BENELUX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

ADF TIB

ADF ANTWERP TECH 30%

The shares are held by ADF BENELUX (100%). It owns 30% of ADF ANTWERP TECH itself.

Directors

According to the 2025 annual accounts

GROUPE ADF BO

Managing director · represented by Stéphane LANGRAND

Also active at: ADF BENELUX

since 2022 · until 2028

ADF CROISSANCE BO

Director · represented by Marc ELIAYAN

Also active at: ADF ANTWERP-TECH

since 2022 · until 2028

Shareholders

ADF BENELUX

100%

Participations

ADF ANTWERP TECH

30%

Establishments

Establishment units

Physical locations of this company

Registered office

Finlandstraat 17 box 2

9940 Evergem

2.012.617.663

Pantserschipstraat 179

9000 Gent

Active since 27 August 1981

2.201.105.588

Chemin de Mons à Gand(DA) 251

7864 Lessines

Active since 25 November 2010

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies 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

0415.973.414

VAT number

BE 0415.973.414

Registered office

Finlandstraat 17 bus 2, 9940 Evergem

Names & denominations

ADF TIB

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 July 1976

Peppol

Active · Active since 24 Mar 2026

Activities · NACE

Vervaardiging van radiatoren, stoomketels en ketels voor centrale verwarming

Vervaardiging van stoomketels, exclusief warmwaterketels voor centrale verwarming

View on CBE Public ↗ Annual accounts (NBB) ↗

ADF TIB

Financials

What happened to ADF TIB?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions