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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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADR Construct from Wommelgem, company number BE0443354138, closed financial year 2025 with a result of € -272,683 after tax. For that financial year ADR Construct recorded a gross margin of € 797,544 and equity of € 14,419. Compared with financial year 2024, the result moved from € 42,967 to € -272,683. The company made a loss. The buffer shrank hard: equity is 95 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ 14,419
▼ 95% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -272,683
▼ still € 42,967 profit in 2024
Profit after tax over the fiscal year.
€ 212,744
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,581.
People and assets in 2025
15.4
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 7% vs 2024
€ 69,000 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.
€ 11,646
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 152,915
▲ 161% vs 2024
Loans from banks and other lenders, long and short.
€ 137,992
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 182,512
▲ 57% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,422,127 | € 1,394,189 | € 1,078,014 | € 797,544 | ▼ 26% |
| Profit after taxes | € -349,340 | € 405,973 | € 42,967 | € -272,683 | ▼ € 315,650 |
| Equity | € 281,128 | € 287,101 | € 287,101 | € 14,419 | ▼ 95% |
| Total debts | € 862,927 | € 655,302 | € 578,487 | € 587,442 | ▲ 2% |
| Cash | € 453,115 | € 451,585 | € 202,736 | € 212,744 | ▲ 5% |
| Retained profit | € 256,128 | € 262,101 | € 262,101 | € -10,581 | ▼ € 272,683 |
| Dividend | € 200,000 | € 400,000 | € 42,967 | € 0 | ▼ 100% |
| Bank debt | € 147,888 | € 728 | € 58,638 | € 152,915 | ▲ 161% |
| Balance sheet total | € 1,144,055 | € 942,404 | € 865,589 | € 601,860 | ▼ 30% |
| Employees (FTE) | 16 | 16 | 14.8 | 15.4 | ▲ 0.6 |
Key figures of ADR Construct, 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 ADR Construct?
What happened at ADR Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 272,683 (▼ € 315,650 vs 2024). Source: NBB ↗
- Machaman BV became a director. NBB
- New establishment in Wommelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 349,340 loss in 2022 to € 272,683 loss in 2025.
Paid € 68,110 in corporate taxes since 2022.
Best year ever: 2023, with € 405,973 profit.
On average € 51,800 of value added per employee in 2025.
Management
The stake of Machaman comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ADR ConstructBehind ADR Construct is Machaman BV. The shares are held by Machaman (100%).
Directors
According to the 2025 annual accounts
Director · represented by Christophe Knuysen
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Herentalsebaan 451
2160 Wommelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0443.354.138
- VAT number
- BE 0443.354.138
- Registered office
- Herentalsebaan 451, 2160 Wommelgem
- Names & denominations
- ADR Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 February 1991
- Peppol
- Active · Active since 22 Mar 2024
- Activities · NACE
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Schrijnwerk
Schrijnwerk van hout of van kunststof
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair