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 2023.
Financials
Financial year 2025
ads group from Anderlecht, company number BE0427360818, closed financial year 2025 with a result of € 11,336 after tax. For that financial year ads group recorded revenue of € 32.9 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € 4,038 to € 11,336. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.8 million
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,336
▲ 181% vs 2024
Profit after tax over the fiscal year.
€ 40,465
▼ 19% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.7 million.
People and assets in 2025
10.1
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 750,297
▼ 32% vs 2024
€ 74,300 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.
€ 4,838
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 3.7 million
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
€ 363,412
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,913,450 | € 38,317,523 | € 53,407,202 | € 32,890,060 | ▼ 38% |
| Profit after taxes | € 388,222 | € 300,920 | € 4,038 | € 11,336 | ▲ 181% |
| Equity | € 2,013,442 | € 2,314,362 | € 2,318,400 | € 1,789,547 | ▼ 23% |
| Total debts | € 7,466,360 | € 8,442,500 | € 6,665,984 | € 5,786,486 | ▼ 13% |
| Cash | € 355,081 | € 168,913 | € 49,690 | € 40,465 | ▼ 19% |
| Land & buildings | € 259,010 | € 237,716 | € 202,421 | - | |
| Retained profit | € 1,888,192 | € 2,189,112 | € 2,193,150 | € 1,688,297 | ▼ 23% |
| Dividend | € 195,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,498,939 | € 4,149,408 | € 3,197,865 | € 1,635,982 | ▼ 49% |
| Balance sheet total | € 9,479,802 | € 10,756,862 | € 8,984,384 | € 7,576,033 | ▼ 16% |
| Employees (FTE) | 9.2 | 9.4 | 10.9 | 10.1 | ▼ 0.8 |
Key figures of ads group, 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 ads group?
What happened at ads group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick WATTEAU stepped down as director. NBB
- Jean-Luc WATTEAU stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11,336 (▲ 181% vs 2024). Source: NBB ↗
- Patrick WATTEAU became a director. NBB
- Jean-Luc WATTEAU became a director. NBB
- New establishment in Mechelen. KBO
- New establishment in Anderlecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 388,222 profit in 2022 to € 11,336 profit in 2025.
Paid € 253,902 in corporate taxes since 2022.
Best year ever: 2022, with € 388,222 profit.
Paid out € 195,000 in dividends to the owners in total.
Management
The stake of DEM ADVANTAGE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ads groupThe shares are held by DEM ADVANTAGE (10%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Patrick WATTEAU
Managing director
since 2022 · until 2028
Shareholders
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Soetkindreef 59 box 1
1070 Anderlecht
De Regenboog 1
2800 Mechelen
Active since 1 May 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AUTOMATTIC - Automattic, Inc, US
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0427.360.818
- VAT number
- BE 0427.360.818
- Registered office
- Soetkindreef 59 bus 1, 1070 Anderlecht
- Names & denominations
- ads group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 1985
- Peppol
- Active · Active since 29 Dec 2025
- Activities · NACE
Groothandel in dranken, algemeen assortiment
Groothandel in dranken
Groothandel in wijnen en geestrijke dranken
Groothandel in voedsel voor huisdieren
Groothandel in andere voedingsmiddelen, neg
Groothandel in informatie- en communicatieapparatuur
Groothandel in computers, randapparatuur en software
Groothandel in elektronische en telecommunicatieapparatuur en delen daarvan