Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ADCO from Kalmthout, company number BE0472651108, closed financial year 2025 with a result of € -4,020 after tax. For that financial year ADCO recorded a gross margin of € 5,162 and equity of € 34,786. Compared with financial year 2024, the result moved from € -2,725 to € -4,020. The company made a loss. The buffer shrank hard: equity is 58 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 34,786
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,020
▼ 48 % more loss than in 2024
Profit after tax over the fiscal year.
€ 37,870
▲ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,586.
People and assets in 2025
€ 929
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 15,724
▲ € 13,804 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,433
▲ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,063 | € 11,728 | € 7,209 | € 5,162 | ▼ 28% |
| Profit after taxes | € -2,988 | € 840 | € -2,725 | € -4,020 | ▼ € 1,295 |
| Equity | € 85,690 | € 86,531 | € 83,806 | € 34,786 | ▼ 58% |
| Total debts | € 29,825 | € 31,022 | € 10,384 | € 22,951 | ▲ 121% |
| Cash | € 54,808 | € 68,194 | € 31,314 | € 37,870 | ▲ 21% |
| Retained profit | € 79,490 | € 80,331 | € 77,606 | € 28,586 | ▼ 63% |
| Dividend | € 0 | € 0 | € 0 | € 45,000 | |
| Bank debt | € 18,746 | € 12,520 | € 5,228 | € 0 | ▼ 100% |
| Balance sheet total | € 115,515 | € 117,553 | € 94,190 | € 57,737 | ▼ 39% |
Key figures of ADCO, 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 ADCO?
What happened at ADCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,020. Source: NBB ↗
- Adrianus VAN DER POEL became a director. NBB
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
- Corinne POULIDOR became a director. NBB
In short
From € 2,988 loss in 2022 to € 4,020 loss in 2025.
Paid € 9,846 in corporate taxes since 2022.
Best year ever: 2023, with € 840 profit.
Paid out € 45,000 in dividends to the owners in total.
A new publication or filing at ADCO? 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 ADCO are Adrianus VAN DER POEL and Corinne POULIDOR. The same people are also behind MAD Competition.
Directors
According to the 2025 annual accounts
since 2025
since 2000
Establishments
Establishment units
Physical locations of this company
Max Temmermanlaan (Heide) 1A
2920 Kalmthout
Max Temmermanlaan (Heide) 1 box A
2920 Kalmthout
Active since 21 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
- 0472.651.108
- VAT number
- BE 0472.651.108
- Registered office
- Max Temmermanlaan (Heide) 1A, 2920 Kalmthout
- Names & denominations
- ADCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2000
- Peppol
- Active · Active since 27 Nov 2025
- Activities · NACE
Activiteiten van reclamebureaus
Publiciteitsagentschappen