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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADRIE CONSTRUCT from Eeklo, company number BE0472032088, closed financial year 2025 with a result of € 15,571 after tax. For that financial year ADRIE CONSTRUCT recorded a gross margin of € 55,325 and equity of € 130,589. Compared with financial year 2024, the result moved from € -7,696 to € 15,571. 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 April 30, 2026.
€ 130,589
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,571
▲ still € 7,696 loss in 2024
Profit after tax over the fiscal year.
€ 5,323
▼ 33% 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 € 111,989.
People and assets in 2025
€ 52,218
▼ 19% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,904
▼ 19% vs 2024
€ 14,913 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1,691
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,608
▲ € 3,811 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,136 | € 42,789 | € 20,024 | € 55,325 | ▲ 176% |
| Profit after taxes | € 2,811 | € 11,889 | € -7,696 | € 15,571 | ▲ € 23,267 |
| Equity | € 168,239 | € 122,726 | € 115,018 | € 130,589 | ▲ 14% |
| Total debts | € 127,586 | € 82,130 | € 164,476 | € 118,206 | ▼ 28% |
| Cash | € 10,279 | € 762 | € 7,959 | € 5,323 | ▼ 33% |
| Land & buildings | € 199,036 | € 184,091 | € 172,585 | € 171,897 | |
| Retained profit | € 149,583 | € 104,114 | € 96,418 | € 111,989 | ▲ 16% |
| Bank debt | € 0 | € 0 | € 75,177 | € 60,904 | ▼ 19% |
| Balance sheet total | € 295,826 | € 204,855 | € 279,495 | € 248,795 | ▼ 11% |
Key figures of ADRIE CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ADRIE CONSTRUCT?
What happened at ADRIE CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,571. Source: NBB ↗
- Milan De Caluwe became a director. NBB
- New establishment in Lievegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,811 profit in 2022 to € 15,571 profit in 2025.
Paid € 8,559 in corporate taxes since 2022.
Best year ever: 2025, with € 15,571 profit.
Management
Behind ADRIE CONSTRUCT are Geert De Caluwe and Milan De Caluwe.
Directors
According to the 2025 annual accounts
Geert De Caluwe
Director
Milan De Caluwe
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Leopoldlaan 78
9900 Eeklo
Priorijstraat 4
9950 Lievegem
Active since 11 September 2000
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0472.032.088
- VAT number
- BE 0472.032.088
- Registered office
- Leopoldlaan 78, 9900 Eeklo
- Names & denominations
- ADRIE CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2000
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan