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.
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Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADCO from Wemmel, company number BE0438471375, closed financial year 2025 with a result of € -9,112 after tax. For that financial year ADCO recorded a gross margin of € 10,606 and equity of € 67,455. Compared with financial year 2024, the result moved from € -31,194 to € -9,112. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 8, 2026.
€ 67,455
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,112
▲ 71 % less loss than in 2024
Profit after tax over the fiscal year.
€ 125,504
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6,913.
Debts at end 2025
€ 77,142
Loans from banks and other lenders, long and short.
€ 9,410
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,466
▲ 101% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 714,874 | € 398,021 | € -2,327 | € 10,606 | ▲ € 12,932 |
| Profit after taxes | € 108,420 | € -106,807 | € -31,194 | € -9,112 | ▲ € 22,082 |
| Equity | € 214,568 | € 107,761 | € 76,567 | € 67,455 | ▼ 12% |
| Total debts | € 1,144,608 | € 979,624 | € 573,505 | € 480,208 | ▼ 16% |
| Cash | € 220,669 | € 464,301 | € 230,015 | € 125,504 | ▼ 45% |
| Retained profit | € 140,200 | € 33,393 | € 2,199 | € -6,913 | ▼ € 9,112 |
| Bank debt | € 177,142 | € 77,142 | € 77,142 | € 77,142 | |
| Balance sheet total | € 1,422,270 | € 1,150,479 | € 713,166 | € 593,149 | ▼ 17% |
| Employees (FTE) | 10.1 | 7.2 | - | - |
Key figures of ADCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ADCO?
What happened at ADCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,112. Source: NBB ↗
- Adimco BO became a director. NBB
- New establishment in Wemmel. KBO
- Start of the company according to the CBE. KBO
In short
From € 108,420 profit in 2022 to € 9,112 loss in 2025.
Paid € 22,987 in corporate taxes since 2022.
Best year ever: 2022, with € 108,420 profit.
On average € 55,300 of value added per employee in 2023.
Management
Establishments
Establishment units
Physical locations of this company
Romeinse Steenweg 788 box 3
1780 Wemmel
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.
Details
- Company number
- 0438.471.375
- VAT number
- BE 0438.471.375
- Registered office
- Romeinse Steenweg 788 bus 3, 1780 Wemmel
- Names & denominations
- ADCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 September 1989
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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