Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AD Build from Herent, company number BE0694761906, closed financial year 2025 with a result of € -41,084 after tax. For that financial year AD Build recorded a gross margin of € 29,213 and equity of € -301,596. Compared with financial year 2024, the result moved from € -62,123 to € -41,084. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 13, 2026.
€ -301,596
▼ € 41,084 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -41,084
▲ 34 % less loss than in 2024
Profit after tax over the fiscal year.
€ 19,458
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -601,596.
Debts at end 2025
€ 75,337
▼ 11% vs 2024
€ 9,375 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 16,066
▲ 196% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -9,590 | € -18,822 | € 44,795 | € 29,213 | ▼ 35% |
| Profit after taxes | € -18,577 | € -193,281 | € -62,123 | € -41,084 | ▲ € 21,040 |
| Equity | € -5,108 | € -198,389 | € -260,512 | € -301,596 | ▼ € 41,084 |
| Total debts | € 160,466 | € 1,580,251 | € 1,629,427 | € 1,934,979 | ▲ 19% |
| Cash | € 10,455 | € 3,112 | € 21,753 | € 19,458 | ▼ 11% |
| Land & buildings | € 144,272 | € 1,376,038 | € 1,346,060 | € 1,316,082 | ▼ 2% |
| Retained profit | € -305,108 | € -498,389 | € -560,512 | € -601,596 | ▼ € 41,084 |
| Bank debt | € 101,767 | € 92,856 | € 84,550 | € 75,337 | ▼ 11% |
| Balance sheet total | € 155,358 | € 1,381,862 | € 1,368,915 | € 1,633,383 | ▲ 19% |
Key figures of AD Build, 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 Build?
What happened at AD Build in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 41,084. filed late Source: NBB ↗
- Decato BV became a director. NBB
- 4uKRF BV became a director. NBB
- Loma Projects BV became a director. NBB
- New establishment in Herent. KBO
- Start of the company according to the CBE. KBO
- Meersteen NV became a director. NBB
In short
From € 18,577 loss in 2022 to € 41,084 loss in 2025.
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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 AD Build are Meersteen NV, Decato BV, 4uKRF BV and Loma Projects BV. The shares are held by Meersteen NV (100%).
Directors
According to the 2025 annual accounts
Director · represented by Danielle Dereymaeker
Also active at: Dermat Medical Supplies, Stadsbeemd 1205, BUILDINQ, Servicinq
since 2018
Persoon belast met dagelijks bestuur · represented by Tom Decabooter
Also active at: IMMO GVD, Stadsbeemd 1205, BUILDINQ, Servicinq
since 2021
Persoon belast met dagelijks bestuur · represented by Steven Decabooter
Also active at: IMMO GVD, Dermat Medical Supplies, Stadsbeemd 1205, BUILDINQ
since 2021
Persoon belast met dagelijks bestuur · represented by Maarten Decabooter
Also active at: IMMO GVD, Dermat Medical Supplies, Stadsbeemd 1205, BUILDINQ
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tweebruggenstraat 67
3020 Herent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →BTW-EENHEID MORETUS
Stadsbeemd 1205 same network
€ -5,168 gross margin · 2025
AMAMUS
MEERSTEEN same network
€ -30,427 gross margin · 2025
BUILDINQ same network
€ 130,243 gross margin · 2025
+2 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
- 0694.761.906
- VAT number
- BE 0694.761.906
- Registered office
- Tweebruggenstraat 67, 3020 Herent
- Names & denominations
- AD Build
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 April 2018
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis