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 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
A & D GROUP from Ninove, company number BE0478905133, closed financial year 2025 with a result of € -38,075 after tax. For that financial year A & D GROUP recorded a gross margin of € 45,934 and equity of € 301,046. Compared with financial year 2024, the result moved from € 1,185 to € -38,075. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 27, 2026.
€ 301,046
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -38,075
▼ still € 1,185 profit in 2024
Profit after tax over the fiscal year.
€ 5,757
▲ € 4,689 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 294,846.
People and assets in 2025
€ 94,817
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 200,293
▼ 36% vs 2024
€ 82,118 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 515
▼ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,472
▼ 27% 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 | € 149,345 | € 7,254 | € 80,905 | € 45,934 | ▼ 43% |
| Profit after taxes | € 67,037 | € -65,498 | € 1,185 | € -38,075 | ▼ € 39,261 |
| Equity | € 403,434 | € 337,936 | € 339,121 | € 301,046 | ▼ 11% |
| Total debts | € 609,448 | € 626,065 | € 552,257 | € 485,822 | ▼ 12% |
| Cash | € 57,743 | € 831 | € 1,068 | € 5,757 | ▲ € 4,689 |
| Retained profit | € 397,234 | € 331,736 | € 332,921 | € 294,846 | ▼ 11% |
| Bank debt | € 531,811 | € 423,000 | € 312,508 | € 200,293 | ▼ 36% |
| Balance sheet total | € 1,012,881 | € 964,000 | € 891,378 | € 786,868 | ▼ 12% |
Key figures of A & D GROUP, 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 June 2027.
What happened to A & D GROUP?
What happened at A & D GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 38,075 (▼ € 39,261 vs 2024). Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,037 profit in 2022 to € 38,075 loss in 2025.
Paid € 45,433 in corporate taxes since 2022.
Best year ever: 2022, with € 67,037 profit.
Management
Behind A & D GROUP is DIDIER WALRAVENS. It owns 50% of Advieskantoor Walravens-De Dender itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Albertlaan 200
9400 Ninove
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 →Advieskantoor Walravens-De Dender same network
€ 288,401 gross margin · 2025
NENUPHAR
€ 98,822 gross margin · 2025
DENDER INVEST
€ -81,265 gross margin · 2025
ESTATE INVEST
€ 53,970 gross margin · 2025
CAZALS INVEST
€ 138,185 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
- 0478.905.133
- VAT number
- BE 0478.905.133
- Registered office
- Albertlaan 200, 9400 Ninove
- Names & denominations
- A & D GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 2002
- Peppol
- Active · Active since 10 Jul 2026
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige kredietverstrekking n.e.g.
Activiteiten van verzekeringsagenten en -makelaars