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 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADW SERVICES from Laarne, company number BE0677591718, closed financial year 2025 with a result of € 70,871 after tax. For that financial year ADW SERVICES recorded a gross margin of € 154,903 and equity of € 49,150. Compared with financial year 2024, the result moved from € 30,523 to € 70,871. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 49,150
▼ 37% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 70,871
▲ 132% vs 2024
Profit after tax over the fiscal year.
€ 61,199
▲ € 51,033 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 99,676 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 25,638
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 364,997
▼ 6% vs 2024
€ 56,855 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 23,981
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,302
▼ 62% 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 | € 79,575 | € 103,535 | € 94,872 | € 154,903 | ▲ 63% |
| Profit after taxes | € 35,969 | € 48,589 | € 30,523 | € 70,871 | ▲ 132% |
| Equity | € 49,150 | € 49,150 | € 77,955 | € 49,150 | ▼ 37% |
| Total debts | € 541,260 | € 509,279 | € 529,753 | € 600,275 | ▲ 13% |
| Cash | € 79,078 | € 68,120 | € 10,165 | € 61,199 | ▲ € 51,033 |
| Land & buildings | € 327,850 | € 403,904 | € 529,910 | € 510,541 | ▼ 4% |
| Retained profit | € 30,550 | € 30,550 | € 59,355 | € 30,550 | ▼ 49% |
| Dividend | € 35,969 | € 48,589 | € 1,718 | € 99,676 | ▲ € 97,958 |
| Bank debt | € 350,489 | € 393,243 | € 389,361 | € 364,997 | ▼ 6% |
| Balance sheet total | € 590,410 | € 558,429 | € 607,708 | € 649,425 | ▲ 7% |
Key figures of ADW SERVICES, 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 ADW SERVICES?
What happened at ADW SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 70,871 (▲ 132% vs 2024). Source: NBB ↗
- New establishment in Lokeren. KBO
- New establishment in Laarne. KBO
- Start of the company according to the CBE. KBO
- ANDY DE WILDE became a director. NBB
In short
From € 35,969 profit in 2022 to € 70,871 profit in 2025.
Paid € 35,121 in corporate taxes since 2022.
Best year ever: 2025, with € 70,871 profit.
Paid out € 185,952 in dividends to the owners in total.
Management
Behind ADW SERVICES is ANDY DE WILDE.
Directors
According to the 2025 annual accounts
ANDY DE WILDE
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Husseveldestraat 36 box A
9270 Laarne
Ambachtenstraat 5B
9160 Lokeren
Active since 1 January 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.591.718
- VAT number
- BE 0677.591.718
- Registered office
- Husseveldestraat 36 bus A, 9270 Laarne
- Names & denominations
- ADW SERVICES · “Electronics Design, “atspace”, “CuliRoad”.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 2017
- Peppol
- Active · Active since 2 Jan 2025
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