Active · per the CBE, 17 September 2026

ADAR TRADE

BE0734402737

Rechtspersoon Private limited company 1 establishment

ADAR TRADE is a wholesaler in Antwerpen. Private Limited, started on 12 September 2019, 1 establishment.

Belgiëlei 194 box 7, 2018 Antwerpen

Behind the company: RAPHAEL GUTFREUND, HAMNOUN HOURI.

Active for

7 year

Financials

Financial year 2025

ADAR TRADE from Antwerpen, company number BE0734402737, closed financial year 2025 with a result of € 24,310 after tax. For that financial year ADAR TRADE recorded a gross margin of € 151,486 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 31,587 to € 24,310. The company is profitable. 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 July 24, 2026.

What it is worth Growing

€ 1.6 million

▲ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 24,310

▼ 23% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 29,338

▲ 123% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.5 million.

People and assets in 2025

Full-time equivalents

2

▲ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 90,238

▲ 20% vs 2024

€ 45,100 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

Bank debt

€ 400,000

▲ 33% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 561,516

▼ 48% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 16,993

▲ 58% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 518,320 € 365,748 € 141,629 € 151,486 ▲ 7%
Profit after taxes € 331,777 € 202,242 € 31,587 € 24,310 ▼ 23%
Equity € 1,304,101 € 1,506,343 € 1,537,930 € 1,562,240 ▲ 2%
Total debts € 1,701,003 € 1,845,110 € 1,536,544 € 1,113,721 ▼ 28%
Cash € 28,681 € 51,340 € 13,179 € 29,338 ▲ 123%
Retained profit € 1,285,501 € 1,487,743 € 1,519,330 € 1,543,640 ▲ 2%
Bank debt € 0 € 300,000 € 300,000 € 400,000 ▲ 33%
Balance sheet total € 3,005,104 € 3,351,453 € 3,074,474 € 2,675,961 ▼ 13%
Employees (FTE) 1.1 1.5 1.9 2 ▲ 0.1

Key figures of ADAR TRADE, 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 ADAR TRADE?

What happened at ADAR TRADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 24,310 (▼ 23% vs 2024). Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 331,777 profit in 2022 to € 24,310 profit in 2025.

Paid € 241,646 in corporate taxes since 2022.

Best year ever: 2022, with € 331,777 profit.

On average € 75,700 of value added per employee in 2025.

Management

RAPHAEL GUTFREUND HAMNOUN HOURI

Behind ADAR TRADE are RAPHAEL GUTFREUND and HAMNOUN HOURI. RAPHAEL GUTFREUND is also behind GUTI TRADING GROUP, KOIF and Beltrio.

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Directors

According to the 2025 annual accounts

RAPHAEL GUTFREUND

Director

Also active at: GUTI TRADING GROUP, KOIF, Beltrio

HAMNOUN HOURI

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Belgiëlei 194 box 7

2018 Antwerpen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.

All companies at this address →

+4 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
0734.402.737
VAT number
BE 0734.402.737
Registered office
Belgiëlei 194 bus 7, 2018 Antwerpen
Names & denominations
ADAR TRADE
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
12 September 2019
Peppol
Active · Active since 6 Jan 2026
Activities · NACE

Groothandel in parfumerieën en cosmetica

Handelsbemiddeling in de niet-gespecialiseerde groothandel

Frequently asked questions

What does ADAR TRADE do?
ADAR TRADE is a wholesaler in Antwerpen. Private Limited, started on 12 September 2019, 1 establishment.
What is the address of ADAR TRADE?
The registered office of ADAR TRADE is located at Belgiëlei 194 box 7, 2018 Antwerpen.
Is ADAR TRADE still active?
Yes. According to the CBE (17 September 2026) ADAR TRADE is active, legal situation “Normale toestand”, started on 12 September 2019.
Is ADAR TRADE registered on Peppol?
Yes, ADAR TRADE is registered on the Peppol network with ID 0208:0734402737.
What is the enterprise number of ADAR TRADE?
The enterprise number of ADAR TRADE is BE0734402737.
When was ADAR TRADE founded?
ADAR TRADE was founded on 12 September 2019.