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 2024 and 2025.
Financials
Financial year 2025
ADRICO from Boechout, company number BE0438263222, closed financial year 2025 with a result of € -70,655 after tax. For that financial year ADRICO recorded a gross margin of € 712,129 and equity of € 250,988. Compared with financial year 2024, the result moved from € -54,328 to € -70,655. 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 September 30, 2026.
€ 250,988
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,655
▼ 30 % more loss than in 2024
Profit after tax over the fiscal year.
€ 76,029
▲ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 232,388.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 739,753
▲ 3% vs 2024
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
€ 213,128
▲ € 197,906 vs 2024
€ 34,378 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 27,404
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 35,929
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 900,396 | € 893,130 | € 700,840 | € 712,129 | ▲ 2% |
| Profit after taxes | € 101,215 | € 35,949 | € -54,328 | € -70,655 | ▼ € 16,327 |
| Equity | € 340,023 | € 375,972 | € 321,644 | € 250,988 | ▼ 22% |
| Total debts | € 133,123 | € 132,089 | € 203,815 | € 316,759 | ▲ 55% |
| Cash | € 340,938 | € 134,065 | € 51,176 | € 76,029 | ▲ 49% |
| Retained profit | € 321,423 | € 357,372 | € 303,044 | € 232,388 | ▼ 23% |
| Bank debt | € 0 | € 0 | € 15,222 | € 213,128 | ▲ € 197,906 |
| Balance sheet total | € 473,146 | € 508,061 | € 525,459 | € 567,747 | ▲ 8% |
| Employees (FTE) | 21.4 | 0 | 0 | 0 |
Key figures of ADRICO, 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 ADRICO?
What happened at ADRICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,655. filed late Source: NBB ↗
- New establishment in Boechout. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,215 profit in 2022 to € 70,655 loss in 2025.
Paid € 35,620 in corporate taxes since 2022.
Best year ever: 2022, with € 101,215 profit.
On average € 42,100 of value added per employee in 2022.
Management
Behind ADRICO is Wouter Van De Vyver.
Directors
According to the 2025 annual accounts
Wouter Van De Vyver
Director
Establishments
Establishment units
Physical locations of this company
Borsbeeksesteenweg 21
2530 Boechout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.263.222
- VAT number
- BE 0438.263.222
- Registered office
- Borsbeeksesteenweg 21, 2530 Boechout
- Names & denominations
- ADRICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 September 1989
- Peppol
- Active · Active since 28 Jul 2024
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