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 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A.D. REALISATIONS from Chaudfontaine, company number BE0458781393, closed financial year 2025 with a result of € -169,140 after tax. For that financial year A.D. REALISATIONS recorded a gross margin of € 102,233 and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 6,582 to € -169,140. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 2.7 million
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -169,140
▼ still € 6,582 profit in 2024
Profit after tax over the fiscal year.
€ 178,325
▲ € 176,858 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.7 million.
People and assets in 2025
1.7
Average over the fiscal year, from the social balance sheet.
€ 110,872
▼ 6% vs 2024
€ 65,200 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.
€ 34,699
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.9 million
▼ 29% vs 2024
€ 73,664 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 246,835
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 476,278
▲ 86% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 788,223 | € 610,777 | € 568,201 | € 102,233 | ▼ 82% |
| Profit after taxes | € 430,195 | € 80,698 | € 6,582 | € -169,140 | ▼ € 175,721 |
| Equity | € 2,833,023 | € 2,888,720 | € 2,895,302 | € 2,726,162 | ▼ 6% |
| Total debts | € 8,585,714 | € 8,958,725 | € 9,175,327 | € 6,915,036 | ▼ 25% |
| Cash | € 101,176 | € 122,832 | € 1,468 | € 178,325 | ▲ € 176,858 |
| Land & buildings | € 1,124,643 | € 740,756 | € 98,787 | € 0 | ▼ 100% |
| Retained profit | € 2,771,023 | € 2,826,720 | € 2,833,302 | € 2,664,162 | ▼ 6% |
| Dividend | € 415,000 | € 25,000 | € 0 | € 0 | |
| Bank debt | € 7,292,660 | € 8,286,194 | € 8,281,754 | € 5,890,629 | ▼ 29% |
| Balance sheet total | € 11,440,480 | € 11,863,889 | € 12,082,174 | € 9,648,018 | ▼ 20% |
| Employees (FTE) | 1.7 | 1.7 | 1.7 | 1.7 |
Key figures of A.D. REALISATIONS, 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 A.D. REALISATIONS?
What happened at A.D. REALISATIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alain Delrez stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 169,140 (▼ € 175,721 vs 2024). filed late Source: NBB ↗
- Alain Delrez became a director. NBB
- New establishment in Chaudfontaine. KBO
- Start of the company according to the CBE. KBO
In short
From € 430,195 profit in 2022 to € 169,140 loss in 2025.
Paid € 138,002 in corporate taxes since 2022.
Best year ever: 2022, with € 430,195 profit.
On average € 60,100 of value added per employee in 2025.
Management
The stake of Immobilière de Beaufays comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
A.D. REALISATIONSThe shares are held by Immobilière de Beaufays (100%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Toussaint Gerkens 39 box 9B
4052 Chaudfontaine
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Immobilière de Beaufays same network
€ 216,949 gross margin · 2025
ELIX IMMO
€ -1,544 gross margin · 2024
FIDUCIAIRE AU CARRE
€ 745,623 gross margin · 2025
BELFAGEMED
€ -6,063 gross margin · 2025
MNEMBA
€ 92,603 gross margin · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.781.393
- VAT number
- BE 0458.781.393
- Registered office
- Rue Toussaint Gerkens 39 bus 9B, 4052 Chaudfontaine
- Names & denominations
- A.D. REALISATIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 1996
- Peppol
- Active · Active since 20 Mar 2026
- Activities · NACE
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