ADSER is a furniture maker in Lievegem. Private Limited, started on 17 November 1993, 1 establishment.

What is the address of ADSER?

The registered office of ADSER is located at Ronselekouter(RON) 10, 9932 Lievegem.

Is ADSER still active?

Yes. According to the CBE (30 October 2026) ADSER is active, legal situation “Normale toestand”, started on 17 November 1993.

Is ADSER registered on Peppol?

Yes, ADSER is registered on the Peppol network with ID 0208:0451268249.

What is the enterprise number of ADSER?

The enterprise number of ADSER is BE0451268249.

When was ADSER founded?

ADSER was founded on 17 November 1993.

Who are the directors of ADSER?

According to the 2025 annual accounts, the directors of ADSER are: PETER MARTENS.

Is ADSER a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 November 1993; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did ADSER make in 2025?

ADSER recorded a loss after taxes of € 75,870 in financial year 2025.

What is the revenue of ADSER?

As a small company, ADSER is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -14,115.

ADSER (Private Limited) - Lievegem - BE0451268249

Dossier ADSER, printed on 30 October 2026 from databakkes.be/en/0451268249/adser. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 26 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

ADSER from Lievegem, company number BE0451268249, closed financial year 2025 with a result of € -75,870 after tax. For that financial year ADSER recorded a gross margin of € -14,115 and equity of € 73,190. Compared with financial year 2024, the result moved from € 17,394 to € -75,870. The company made a loss. The buffer shrank hard: equity is 54 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.

What it is worth Shrank hard

€ 73,190

▼ 54% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -75,870

▼ still € 17,394 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 31,669

▼ 33% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 54,590.

People and assets in 2025

Wage cost

€ 22,572

▲ 42% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 28,838

▼ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 15 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 851,893

▲ € 801,498 vs 2024

€ 57,496 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 1,367

▼ 52% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 6,777

▲ € 5,181 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 50,391 Gross margin 2022: € 50,391 First fiscal year in the series	€ 83,164 Gross margin 2023: € 83,164 ▲ 65% vs 2022 (€ 50,391) Favourable step	€ 84,150 Gross margin 2024: € 84,150 ▲ 1% vs 2023 (€ 83,164) Favourable step	€ -14,115 Gross margin 2025: € -14,115 ▼ € 98,265 vs 2024 (€ 84,150) Unfavourable step	▼ € 98,265
Profit after taxes	€ 7,347 Profit after taxes 2022: € 7,347 First fiscal year in the series	€ 21,586 Profit after taxes 2023: € 21,586 ▲ 194% vs 2022 (€ 7,347) Favourable step	€ 17,394 Profit after taxes 2024: € 17,394 ▼ 19% vs 2023 (€ 21,586) Unfavourable step	€ -75,870 Profit after taxes 2025: € -75,870 ▼ € 93,264 vs 2024 (€ 17,394) Unfavourable step	▼ € 93,264
Equity	€ 130,080 Equity 2022: € 130,080 First fiscal year in the series	€ 151,666 Equity 2023: € 151,666 ▲ 17% vs 2022 (€ 130,080) Favourable step	€ 159,060 Equity 2024: € 159,060 ▲ 5% vs 2023 (€ 151,666) Favourable step	€ 73,190 Equity 2025: € 73,190 ▼ 54% vs 2024 (€ 159,060) Unfavourable step	▼ 54%
Total debts	€ 66,206 Total debts 2022: € 66,206 First fiscal year in the series	€ 83,199 Total debts 2023: € 83,199 ▲ 26% vs 2022 (€ 66,206) Unfavourable step	€ 74,136 Total debts 2024: € 74,136 ▼ 11% vs 2023 (€ 83,199) Favourable step	€ 1,010,405 Total debts 2025: € 1,010,405 ▲ € 936,269 vs 2024 (€ 74,136) Unfavourable step	▲ € 936,269
Cash	€ 61,224 Cash 2022: € 61,224 First fiscal year in the series	€ 94,098 Cash 2023: € 94,098 ▲ 54% vs 2022 (€ 61,224) Favourable step	€ 47,181 Cash 2024: € 47,181 ▼ 50% vs 2023 (€ 94,098) Unfavourable step	€ 31,669 Cash 2025: € 31,669 ▼ 33% vs 2024 (€ 47,181) Unfavourable step	▼ 33%
Land & buildings	€ 33,046 Land & buildings 2022: € 33,046 First fiscal year in the series	€ 29,649 Land & buildings 2023: € 29,649 ▼ 10% vs 2022 (€ 33,046) Unchanged	€ 28,698 Land & buildings 2024: € 28,698 ▼ 3% vs 2023 (€ 29,649) Unchanged	€ 949,646 Land & buildings 2025: € 949,646 ▲ € 920,948 vs 2024 (€ 28,698) Unchanged	▲ € 920,948
Retained profit	€ 111,480 Retained profit 2022: € 111,480 First fiscal year in the series	€ 133,066 Retained profit 2023: € 133,066 ▲ 19% vs 2022 (€ 111,480) Favourable step	€ 140,460 Retained profit 2024: € 140,460 ▲ 6% vs 2023 (€ 133,066) Favourable step	€ 54,590 Retained profit 2025: € 54,590 ▼ 61% vs 2024 (€ 140,460) Unfavourable step	▼ 61%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 10,000 Dividend 2024: € 10,000 Unchanged (€ 0) Unchanged	€ 10,000 Dividend 2025: € 10,000 Unchanged (€ 10,000) Unchanged
Bank debt	€ 50,469 Bank debt 2022: € 50,469 First fiscal year in the series	€ 66,566 Bank debt 2023: € 66,566 ▲ 32% vs 2022 (€ 50,469) Unfavourable step	€ 50,395 Bank debt 2024: € 50,395 ▼ 24% vs 2023 (€ 66,566) Favourable step	€ 851,893 Bank debt 2025: € 851,893 ▲ € 801,498 vs 2024 (€ 50,395) Unfavourable step	▲ € 801,498
Balance sheet total	€ 196,286 Balance sheet total 2022: € 196,286 First fiscal year in the series	€ 234,865 Balance sheet total 2023: € 234,865 ▲ 20% vs 2022 (€ 196,286) Unchanged	€ 233,196 Balance sheet total 2024: € 233,196 ▼ 1% vs 2023 (€ 234,865) Unchanged	€ 1,083,595 Balance sheet total 2025: € 1,083,595 ▲ € 850,399 vs 2024 (€ 233,196) Unchanged	▲ € 850,399
Employees (FTE)	0.4 Employees (FTE) 2022: 0.4 First fiscal year in the series	0.4 Employees (FTE) 2023: 0.4 Unchanged (0.4) Unchanged	-	-

Key figures of ADSER, 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 ADSER?

What happened at ADSER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 12, 2026 New annual accounts for financial year 2025: loss of € 75,870 (▼ € 93,264 vs 2024). filed late Source: NBB ↗
Dec 1, 1993 New establishment in Lievegem. KBO
Nov 17, 1993 Start of the company according to the CBE. KBO

In short

From € 7,347 profit in 2022 to € 75,870 loss in 2025.

Paid € 22,730 in corporate taxes since 2022.

Best year ever: 2023, with € 21,586 profit.

Paid out € 20,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

PETER MARTENS

ADSER

Behind ADSER is PETER MARTENS.

Directors

According to the 2025 annual accounts

PETER MARTENS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Ronselekouter(RON) 10

9932 Lievegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0451.268.249

VAT number

BE 0451.268.249

Registered office

Ronselekouter(RON) 10, 9932 Lievegem

Names & denominations

ADSER

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

17 November 1993

Peppol

Active · Active since 29 Aug 2023

Activities · NACE

Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen

Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen

View on CBE Public ↗ Annual accounts (NBB) ↗

ADSER

Warning lights

Financials

What happened to ADSER?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions