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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADDILUB from Blankenberge, company number BE0457968969, closed financial year 2025 with a result of € 13,636 after tax. For that financial year ADDILUB recorded a gross margin of € 77,571 and equity of € 479,126. Compared with financial year 2024, the result moved from € 7,304 to € 13,636. Profitable, and profit is growing. 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 June 26, 2026.
€ 479,126
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,636
▲ 87% vs 2024
Profit after tax over the fiscal year.
€ 1,131
▼ 52% 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 € 356,856.
People and assets in 2025
€ 6,041
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 602,470
▼ 5% vs 2024
€ 31,784 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 3,175
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,042
▲ € 5,960 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 | € 71,341 | € 64,289 | € 67,079 | € 77,571 | ▲ 16% |
| Profit after taxes | € 14,127 | € 5,136 | € 7,304 | € 13,636 | ▲ 87% |
| Equity | € 453,051 | € 458,186 | € 465,491 | € 479,126 | ▲ 3% |
| Total debts | € 775,380 | € 720,945 | € 679,927 | € 655,376 | ▼ 4% |
| Cash | € 1,620 | € 2,550 | € 2,331 | € 1,131 | ▼ 52% |
| Land & buildings | € 1,184,878 | € 1,148,150 | € 1,111,422 | € 1,079,151 | ▼ 3% |
| Retained profit | € 330,780 | € 335,916 | € 343,220 | € 356,856 | ▲ 4% |
| Bank debt | € 691,672 | € 660,498 | € 636,534 | € 602,470 | ▼ 5% |
| Balance sheet total | € 1,285,095 | € 1,234,701 | € 1,199,892 | € 1,187,883 | ▼ 1% |
Key figures of ADDILUB, 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 ADDILUB?
What happened at ADDILUB in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,636 (▲ 87% vs 2024). Source: NBB ↗
- Luc De Baer became a director. NBB
- New establishment in Blankenberge. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,127 profit in 2022 to € 13,636 profit in 2025.
Paid € 7,038 in corporate taxes since 2022.
Best year ever: 2022, with € 14,127 profit.
Management
Behind ADDILUB is Luc De Baer. It owns 86% of Industrial Automotive Services BV itself.
Directors
According to the 2025 annual accounts
Luc De Baer
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Zeedijk 236 box 1101
8370 Blankenberge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0457.968.969
- VAT number
- BE 0457.968.969
- Registered office
- Zeedijk 236 bus 1101, 8370 Blankenberge
- Names & denominations
- ADDILUB
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 1996
- Peppol
- Active · Active since 28 Nov 2025
- Activities · NACE
Groothandel in vaste, vloeibare en gasvormige brandstoffen en aanverwante producten