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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
ADF COMPANY from Gent, company number BE0631698048, closed financial year 2025 with a result of € -22,372 after tax. For that financial year ADF COMPANY recorded a gross margin of € -21,006 and equity of € 66,970. Compared with financial year 2024, the result moved from € -19,745 to € -22,372. 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 April 24, 2026.
€ 66,970
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,372
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 24,066
▼ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 60,770.
People and assets in 2025
€ 23
▼ 96% 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.
€ 8
▼ € 4,288 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,323 | € -502 | € -18,087 | € -21,006 | ▼ € 2,919 |
| Profit after taxes | € 10,026 | € -1,037 | € -19,745 | € -22,372 | ▼ € 2,627 |
| Equity | € 110,123 | € 109,086 | € 89,342 | € 66,970 | ▼ 25% |
| Total debts | € 13,137 | € 5,945 | € 4,796 | € 8 | ▼ € 4,788 |
| Cash | € 62,865 | € 67,660 | € 45,780 | € 24,066 | ▼ 47% |
| Retained profit | € 103,923 | € 102,886 | € 83,142 | € 60,770 | ▼ 27% |
| Balance sheet total | € 123,260 | € 115,031 | € 94,138 | € 66,978 | ▼ 29% |
Key figures of ADF 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 30 April 2027.
What happened to ADF COMPANY?
What happened at ADF COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,372. Source: NBB ↗
- Derman Balci became a director. NBB
- Aygün Balci became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,026 profit in 2022 to € 22,372 loss in 2025.
Paid € 4,297 in corporate taxes since 2022.
Best year ever: 2022, with € 10,026 profit.
Management
Behind ADF COMPANY are Derman Balci and Aygün Balci.
Directors
According to the 2025 annual accounts
Derman Balci
Bestuurder
since 2025
Aygün Balci
Bestuurder
since 2023
Establishments
Establishment units
Physical locations of this company
Justus de Harduwijnlaan 46 box A1
9000 Gent
Justus de Harduwijnlaan 46A box 1
9000 Gent
Active since 15 June 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0631.698.048
- VAT number
- BE 0631.698.048
- Registered office
- Justus de Harduwijnlaan 46 bus A1, 9000 Gent
- Names & denominations
- ADF COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2015
- Peppol
- Active · Active since 23 Jun 2025
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