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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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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INTERNATIONAL ADHESIVES BELGIE from Gent, company number BE0440424837, closed financial year 2025 with a result of € 40,657 after tax. For that financial year INTERNATIONAL ADHESIVES BELGIE recorded a gross margin of € 120,646 and equity of € 287,202. Compared with financial year 2024, the result moved from € 73,000 to € 40,657. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2026.
€ 287,202
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,657
▼ 44% vs 2024
Profit after tax over the fiscal year.
€ 61,979
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 31,000 paid out
76 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 14,752
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,742
▼ 55% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 19,455
▼ 32% vs 2024
€ 9,845 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 28,056
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,559
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,512 | € 141,997 | € 157,572 | € 120,646 | ▼ 23% |
| Profit after taxes | € 48,672 | € 78,118 | € 73,000 | € 40,657 | ▼ 44% |
| Equity | € 219,427 | € 254,545 | € 277,545 | € 287,202 | ▲ 3% |
| Total debts | € 186,974 | € 199,992 | € 196,142 | € 113,318 | ▼ 42% |
| Cash | € 35,394 | € 66,111 | € 67,858 | € 61,979 | ▼ 9% |
| Retained profit | € 213,227 | € 248,345 | € 271,345 | € 281,001 | ▲ 4% |
| Dividend | € 30,500 | € 43,000 | € 50,000 | € 31,000 | ▼ 38% |
| Bank debt | € 6,719 | € 37,306 | € 28,673 | € 19,455 | ▼ 32% |
| Balance sheet total | € 406,401 | € 454,538 | € 473,688 | € 400,520 | ▼ 15% |
Key figures of INTERNATIONAL ADHESIVES BELGIE, 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 INTERNATIONAL ADHESIVES BELGIE?
What happened at INTERNATIONAL ADHESIVES BELGIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,657 (▼ 44% vs 2024). filed late Source: NBB ↗
- Romke Houtstra became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,672 profit in 2022 to € 40,657 profit in 2025.
Paid € 35,871 in corporate taxes since 2022.
Best year ever: 2023, with € 78,118 profit.
Paid out € 154,500 in dividends to the owners in total.
Management
Behind INTERNATIONAL ADHESIVES BELGIE is Romke Houtstra.
Directors
According to the 2025 annual accounts
Romke Houtstra
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 1126
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →Le Carbone, Société Anonyme Belge
PKF Bofidi Services
€ 12.5 million revenue · 2025
B-expert services
€ 2.2 million gross margin · 2025
LUCTOR BELTING BELGIE
€ 680,997 gross margin · 2025
PKF BOFIDI Accountants & Advisers
€ 47.2 million revenue · 2025
+21 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
- 0440.424.837
- VAT number
- BE 0440.424.837
- Registered office
- Kortrijksesteenweg 1126, 9051 Gent
- Names & denominations
- INTERNATIONAL ADHESIVES BELGIE · INTAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1990
- Peppol
- Active · Active since 6 Feb 2026
- Contact
- [email protected] 0494657782
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
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