Financials
Financial year 2025
ADDAX from Wevelgem, company number BE0440561627, closed financial year 2025 with a result of € 9,709 after tax. For that financial year ADDAX recorded a gross margin of € 78,206 and equity of € 409,476. Compared with financial year 2024, the result moved from € 34,483 to € 9,709. 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 July 2, 2026.
€ 409,476
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,709
▼ 72% vs 2024
Profit after tax over the fiscal year.
€ 5,215
▼ 16% 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 € 389,476.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 5,487
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 280,323
▼ 5% vs 2024
€ 22,905 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 48,479
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,107
▼ 59% 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 | € 87,725 | € 132,406 | € 104,595 | € 78,206 | ▼ 25% |
| Profit after taxes | € 35,023 | € 64,739 | € 34,483 | € 9,709 | ▼ 72% |
| Equity | € 315,544 | € 380,283 | € 399,766 | € 409,476 | ▲ 2% |
| Total debts | € 241,176 | € 386,562 | € 426,245 | € 358,737 | ▼ 16% |
| Cash | € 20,635 | € 25,057 | € 6,232 | € 5,215 | ▼ 16% |
| Land & buildings | € 65,054 | € 304,254 | € 361,823 | € 386,974 | ▲ 7% |
| Retained profit | € 295,544 | € 360,283 | € 379,766 | € 389,476 | ▲ 3% |
| Dividend | € 0 | € 0 | € 15,000 | € 0 | ▼ 100% |
| Bank debt | € 87,177 | € 266,297 | € 296,570 | € 280,323 | ▼ 5% |
| Balance sheet total | € 556,720 | € 766,845 | € 826,012 | € 768,213 | ▼ 7% |
Key figures of ADDAX, 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 ADDAX?
What happened at ADDAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,709 (▼ 72% vs 2024). Source: NBB ↗
- Mathias Windels became a director. NBB
- Wim Windels became a director. NBB
- Delphine Windels became a director. NBB
- Myriam Demeulenaere became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,023 profit in 2022 to € 9,709 profit in 2025.
Paid € 55,748 in corporate taxes since 2022.
Best year ever: 2023, with € 64,739 profit.
Paid out € 15,000 in dividends to the owners in total.
Management
Behind ADDAX are Mathias Windels, Wim Windels, Delphine Windels and Myriam Demeulenaere.
Directors
According to the 2025 annual accounts
Mathias Windels
Director
since 2023
Wim Windels
Director
since 2023
Delphine Windels
Director
since 2023
Myriam Demeulenaere
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Bissegemstraat 239
8560 Wevelgem
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
Self-hosted
Hosting
LCPDCO LCP AS dc oostkamp, BE
Website info
Features
Security
Details
- Company number
- 0440.561.627
- VAT number
- BE 0440.561.627
- Registered office
- Bissegemstraat 239, 8560 Wevelgem
- Names & denominations
- ADDAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 May 1990
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- addax.be [email protected] 056 42 77 74
- Activities · NACE
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