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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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A.D. FASHION from De Panne, company number BE0465703532, closed financial year 2025 with a result of € 6,915 after tax. For that financial year A.D. FASHION recorded a gross margin of € 80,775 and equity of € -29,713. Compared with financial year 2024, the result moved from € 343 to € 6,915. Profitable, and profit is growing. 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 September 30, 2025.
€ -29,713
▲ € 6,915 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,915
▲ € 6,573 vs 2024
Profit after tax over the fiscal year.
€ 11,681
▲ 94% 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 € -48,305.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 48,493
▲ 34% 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.
€ 1,477
▲ € 1,201 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.
€ 6,753
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,611
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,113 | € 80,788 | € 62,127 | € 80,775 | ▲ 30% |
| Profit after taxes | € 57,674 | € 19,320 | € 343 | € 6,915 | ▲ € 6,573 |
| Equity | € -56,291 | € -36,971 | € -36,628 | € -29,713 | ▲ € 6,915 |
| Total debts | € 222,440 | € 185,887 | € 166,486 | € 91,566 | ▼ 45% |
| Cash | € 44,156 | € 13,108 | € 6,024 | € 11,681 | ▲ 94% |
| Retained profit | € -74,883 | € -55,563 | € -55,220 | € -48,305 | ▲ € 6,915 |
| Bank debt | € 32,883 | € 17,146 | € 8,331 | € 0 | ▼ 100% |
| Balance sheet total | € 166,148 | € 148,916 | € 129,858 | € 61,853 | ▼ 52% |
Key figures of A.D. FASHION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to A.D. FASHION?
What happened at A.D. FASHION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,915 (▲ € 6,573 vs 2024). filed late Source: NBB ↗
- New establishment in De Panne. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,674 profit in 2022 to € 6,915 profit in 2025.
Paid € 15,252 in corporate taxes since 2022.
Best year ever: 2022, with € 57,674 profit.
A new publication or filing at A.D. FASHION? We notify you, reason included.
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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
Management
Behind A.D. FASHION is Anne- Marie Dewulf.
Directors
According to the 2025 annual accounts
Anne- Marie Dewulf
Director
Establishments
Establishment units
Physical locations of this company
Zeelaan 92
8660 De Panne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.703.532
- VAT number
- BE 0465.703.532
- Registered office
- Zeelaan 92, 8660 De Panne
- Names & denominations
- A.D. FASHION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1999
- Peppol
- Active · Active since 5 Sept 2025
- Activities · NACE
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