Financials
Financial year 2025
ANTWERP DISTILLATION COMPANY from Beveren, company number BE0578867195, closed financial year 2025 with a result of € -708,642 after tax. For that financial year ANTWERP DISTILLATION COMPANY recorded revenue of € 22.5 million and equity of € 12.3 million. Compared with financial year 2024, the result moved from € 1.4 million to € -708,642. 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 August 24, 2026.
€ 12.3 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -708,642
▼ still € 1.4 million profit in 2024
Profit after tax over the fiscal year.
€ 7.8 million
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 12.1 million.
People and assets in 2025
20.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.4 million
▲ 3% vs 2024
€ 116,600 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.
€ 6,307
▼ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.7 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 503,800
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,005,976 | € 26,835,239 | € 26,346,489 | € 22,529,852 | ▼ 14% |
| Profit after taxes | € 1,720,625 | € 484,099 | € 1,396,423 | € -708,642 | ▼ € 2.1 million |
| Equity | € 11,258,513 | € 11,692,612 | € 13,038,618 | € 12,329,977 | ▼ 5% |
| Total debts | € 4,711,784 | € 1,968,832 | € 2,858,229 | € 2,248,972 | ▼ 21% |
| Cash | € 2,937,014 | € 4,867,412 | € 6,188,738 | € 7,836,156 | ▲ 27% |
| Retained profit | € 11,058,513 | € 11,492,612 | € 12,838,618 | € 12,129,977 | ▼ 6% |
| Bank debt | € 1,788,407 | € 105,041 | € 88,374 | € 0 | ▼ 100% |
| Balance sheet total | € 15,971,797 | € 13,661,444 | € 15,896,848 | € 14,578,949 | ▼ 8% |
| Employees (FTE) | 22.3 | 20.3 | 20 | 20.4 | ▲ 0.4 |
Key figures of ANTWERP DISTILLATION COMPANY, 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 ANTWERP DISTILLATION COMPANY?
What happened at ANTWERP DISTILLATION COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pierre Claeys stepped down as director. NBB
- Pieter Frederik Hendrik Harsveldt stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 708,642 (▼ € 2.1 million vs 2024). filed late Source: NBB ↗
- Pierre Claeys became a director. NBB
- Pieter Frederik Hendrik Harsveldt became a director. NBB
- New establishment in Beveren. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2022 to € 708,642 loss in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.7 million profit.
Pays suppliers within 35 days on average.
Management
The stake of BRENNTAG, INDUSTRIAL INVESTMENT COMPANY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ANTWERP DISTILLATION COMPANYThe shares are held by BRENNTAG (100%) and INDUSTRIAL INVESTMENT COMPANY (25%).
Directors
According to the 2025 annual accounts
Pierre Claeys
Director
Also active at: BRENNTAG, SOLVENTIS, INDUSTRIAL INVESTMENT COMPANY, Kilfrost Europe, Solventis Europe
since 2024 · until 2030
Pieter Frederik Hendrik Harsveldt
Director
Also active at: BRENNTAG, SOLVENTIS, Kilfrost Europe, Solventis Europe
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Geslecht(KAL) ZN
9130 Beveren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0578.867.195
- VAT number
- BE 0578.867.195
- Registered office
- Geslecht(KAL) ZN, 9130 Beveren
- Names & denominations
- ANTWERP DISTILLATION COMPANY · ADC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 January 2015
- Peppol
- Active · Active since 5 Jan 2026
- Contact
- 03 570 03 21
- Activities · NACE
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