Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ADERCO MIT from Waterloo, company number BE0450242623, closed financial year 2025 with a result of € -238,454 after tax. For that financial year ADERCO MIT recorded revenue of € 13 million and equity of € -1.4 million. Compared with financial year 2024, the result moved from € -383,592 to € -238,454. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -1.4 million
▼ € 238,454 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -238,454
▲ 38 % less loss than in 2024
Profit after tax over the fiscal year.
€ 421,874
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
7.4
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 887,075
▼ 2% vs 2024
€ 119,900 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.
€ 10,039
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5.8 million
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 172 days on average.
€ 106,026
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 13,213,471 | € 13,169,642 | € 12,991,813 | ▼ 1% |
| Gross margin | € 787,315 | - | - | - | |
| Profit after taxes | € -614,117 | € -366,740 | € -383,592 | € -238,454 | ▲ € 145,138 |
| Equity | € -438,053 | € -804,793 | € -1,188,385 | € -1,426,839 | ▼ € 238,454 |
| Total debts | € 6,577,235 | € 6,224,300 | € 6,061,745 | € 5,936,362 | ▼ 2% |
| Cash | € 1,213,193 | € 1,045,614 | € 766,377 | € 421,874 | ▼ 45% |
| Retained profit | € -500,053 | € -866,793 | € -1,250,385 | € -1,488,839 | ▼ € 238,454 |
| Balance sheet total | € 6,139,182 | € 5,419,508 | € 4,873,360 | € 4,509,523 | ▼ 7% |
| Employees (FTE) | 8.4 | 7.7 | 7.9 | 7.4 | ▼ 0.5 |
Key figures of ADERCO MIT, 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 ADERCO MIT?
What happened at ADERCO MIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 238,454. filed late Source: NBB ↗
- Charlotte Baiwir became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 614,117 loss in 2022 to € 238,454 loss in 2025.
Paid € 23,900 in corporate taxes since 2022.
On average € 93,700 of value added per employee in 2022.
Pays suppliers within 172 days on average.
Management
Behind ADERCO MIT is Charlotte Baiwir.
Directors
According to the 2025 annual accounts
Charlotte Baiwir
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Drève Richelle 167
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →CLARINS BENELUX
€ 20.6 million revenue · 2025
Idweaver
€ 1.3 million gross margin · 2025
ELGI COMPRESSORS EUROPE
€ 25.6 million revenue · 2026
CDR Leadership Consulting
€ 413,060 revenue · 2025
BELGIUM MOTORS
€ 42,289 gross margin · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
INFOMANIAK-AS, CH
Domain
Domain
aderco.com
Registered
1999-11-02
Registrar
Infomaniak Network SA
Expires
2026-09-15
Website info
Features
Security
Network
Details
- Company number
- 0450.242.623
- VAT number
- BE 0450.242.623
- Registered office
- Drève Richelle 167, 1410 Waterloo
- Names & denominations
- ADERCO MIT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 June 1993
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- aderco.com [email protected]
- Activities · NACE
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