Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
57 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ADP Employer Services Belgium from Brussel, company number BE0557954787, closed financial year 2025 with a result of € 203,742 after tax. For that financial year ADP Employer Services Belgium recorded a gross margin of € 1.5 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 200,529 to € 203,742. 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 December 2, 2025.
€ 1.1 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 203,742
▲ 2% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 17% 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 € 1.1 million.
People and assets in 2025
4.8
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
€ 259,700 per full-time equivalent. 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.
€ 25,745
▼ 60% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 258,401
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,659,113 | - | |
| Gross margin | € 990,126 | € 1,347,333 | € 1,538,823 | € 1,545,977 | |
| Profit after taxes | € 237,900 | € 239,224 | € 200,529 | € 203,742 | ▲ 2% |
| Equity | € 482,118 | € 721,342 | € 921,871 | € 1,125,613 | ▲ 22% |
| Total debts | € 270,517 | € 309,397 | € 350,514 | € 284,146 | ▼ 19% |
| Cash | € 565,398 | € 858,810 | € 1,060,590 | € 1,241,708 | ▲ 17% |
| Retained profit | € 463,518 | € 702,742 | € 903,271 | € 1,107,013 | ▲ 23% |
| Balance sheet total | € 752,635 | € 1,030,739 | € 1,272,385 | € 1,409,759 | ▲ 11% |
| Employees (FTE) | 3.4 | 4.3 | 4.8 | 4.8 |
Key figures of ADP Employer Services Belgium, 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 January 2027.
What happened to ADP Employer Services Belgium?
What happened at ADP Employer Services Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 203,742 (▲ 2% vs 2024). Source: NBB ↗
- Jeffrey Lewis Phipps became a director. NBB
- Virginia Magliulo became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 237,900 profit in 2022 to € 203,742 profit in 2025.
Paid € 360,806 in corporate taxes since 2022.
Best year ever: 2023, with € 239,224 profit.
On average € 322,100 of value added per employee in 2025.
A new publication or filing at ADP Employer Services Belgium? 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 ADP Employer Services Belgium are Virginia Magliulo and Jeffrey Lewis Phipps. The shares are held by ADP Nederland BV (100%) and ADP Network Services Limited (0%).
Directors
According to the 2025 annual accounts
Virginia Magliulo
Director
since 2019
Jeffrey Lewis Phipps
Director
since 2022
Shareholders
ADP Nederland BV
100%
ADP Network Services Limited
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marnixlaan 23
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 57 companies are registered at this address.
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€ 3.9 million revenue · 2025
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€ 14.4 million revenue · 2024
+52 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
- 0557.954.787
- VAT number
- BE 0557.954.787
- Registered office
- Marnixlaan 23, 1000 Brussel
- Names & denominations
- ADP Employer Services Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 July 2014
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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