Financials
Financial year 2025
AD WORKS from Turnhout, company number BE0480134360, closed financial year 2025 with a result of € 16,331 after tax. For that financial year AD WORKS recorded a gross margin of € 53,274 and equity of € 69,577. Compared with financial year 2024, the result moved from € 19,444 to € 16,331. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2026.
€ 69,577
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,331
▼ 16% vs 2024
Profit after tax over the fiscal year.
€ 74,377
▲ 8% 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 € 68,577.
People and assets in 2025
€ 28,875
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,083
▼ 18% vs 2024
€ 21,456 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 19,395
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,441
▲ 8% 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 | € 62,915 | € 34,653 | € 51,301 | € 53,274 | ▲ 4% |
| Profit after taxes | € 1,226 | € 10,310 | € 19,444 | € 16,331 | ▼ 16% |
| Equity | € 63,320 | € 33,802 | € 53,246 | € 69,577 | ▲ 31% |
| Total debts | € 149,834 | € 145,705 | € 157,290 | € 130,898 | ▼ 17% |
| Cash | € 74,155 | € 54,630 | € 68,953 | € 74,377 | ▲ 8% |
| Land & buildings | € 89,456 | € 76,522 | € 67,593 | € 53,806 | ▼ 20% |
| Retained profit | € 43,320 | € 32,802 | € 52,246 | € 68,577 | ▲ 31% |
| Dividend | € 0 | € 20,827 | € 0 | € 0 | |
| Bank debt | € 109,469 | € 91,068 | € 94,572 | € 77,083 | ▼ 18% |
| Balance sheet total | € 213,154 | € 179,507 | € 210,536 | € 200,475 | ▼ 5% |
Key figures of AD WORKS, 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 AD WORKS?
What happened at AD WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,331 (▼ 16% vs 2024). Source: NBB ↗
- Sandra Arduwie became a director. NBB
- Nikolaas Van Vorst became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,226 profit in 2022 to € 16,331 profit in 2025.
Paid € 26,012 in corporate taxes since 2022.
Best year ever: 2024, with € 19,444 profit.
Paid out € 20,827 in dividends to the owners in total.
Management
Behind AD WORKS are Sandra Arduwie and Nikolaas Van Vorst.
Directors
According to the 2025 annual accounts
Sandra Arduwie
Director
since 2023
Nikolaas Van Vorst
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Nieuwe Kaai 81-83
2300 Turnhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.134.360
- VAT number
- BE 0480.134.360
- Registered office
- Nieuwe Kaai 81-83, 2300 Turnhout
- Names & denominations
- AD WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2003
- Peppol
- Active · Active since 24 Nov 2023
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