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 2023 and 2024.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Armand ADANS et Fils from Verviers, company number BE0447478420, closed financial year 2024 with a result of € -216,441 after tax. For that financial year Armand ADANS et Fils recorded a gross margin of € 761,987 and equity of € 2 million. Compared with financial year 2023, the result moved from € -382,452 to € -216,441. 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 October 28, 2025.
€ 2 million
▼ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -216,441
▲ 43 % less loss than in 2023
Profit after tax over the fiscal year.
€ 78,879
▲ 220% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2024
15.4
▼ 1.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 260,894
▼ 75% vs 2023
€ 16,900 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.
Debts at end 2024
€ 136,476
▼ 77% vs 2023
€ 46,981 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 9,050
▼ 92% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,282,721 | € 1,289,925 | € 909,808 | € 761,987 | ▼ 16% |
| Profit after taxes | € 131,631 | € 30,256 | € -382,452 | € -216,441 | ▲ € 166,010 |
| Equity | € 2,832,084 | € 2,681,340 | € 2,298,920 | € 2,002,930 | ▼ 13% |
| Total debts | € 912,024 | € 958,478 | € 1,212,516 | € 145,526 | ▼ 88% |
| Cash | € 47,642 | € 26,367 | € 24,680 | € 78,879 | ▲ 220% |
| Land & buildings | € 569,663 | € 517,118 | € 464,573 | - | |
| Retained profit | € 2,702,084 | € 2,551,340 | € 2,168,920 | € 1,872,930 | ▼ 14% |
| Dividend | € 0 | € 181,000 | € 0 | € 0 | |
| Bank debt | € 598,627 | € 394,638 | € 583,699 | € 136,476 | ▼ 77% |
| Balance sheet total | € 3,744,108 | € 3,639,818 | € 3,511,436 | € 2,148,456 | ▼ 39% |
| Employees (FTE) | 14 | 16 | 16.8 | 15.4 | ▼ 1.4 |
Key figures of Armand ADANS et Fils, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Armand ADANS et Fils?
What happened at Armand ADANS et Fils in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 216,441. filed late Source: NBB ↗
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 131,631 profit in 2021 to € 216,441 loss in 2024.
Paid € 96,054 in corporate taxes since 2021.
Best year ever: 2021, with € 131,631 profit.
On average € 49,500 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Rue Jean Koch 09
4800 Verviers
Rue Jean Koch 9
4800 Verviers
Active since 17 June 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.478.420
- VAT number
- BE 0447.478.420
- Registered office
- Rue Jean Koch 09, 4800 Verviers
- Names & denominations
- Armand ADANS et Fils
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 May 1992
- Peppol
- Not registered
- Activities · NACE
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