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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 16.5 to 13.
Financials
Financial year 2025
ADHAM-TEX from Sint-Niklaas, company number BE0746825269, closed financial year 2025 with a result of € -382,146 after tax. For that financial year ADHAM-TEX recorded a gross margin of € -100,301 and equity of € -310,353. Compared with financial year 2024, the result moved from € 72,116 to € -382,146. 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 October 29, 2026.
€ -310,353
▼ € 382,146 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -382,146
▼ still € 72,116 profit in 2024
Profit after tax over the fiscal year.
€ 1,138
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -320,353.
People and assets in 2025
13
▼ 2.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 263,357
▼ 19% vs 2024
€ 20,300 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.
€ 10,634
▼ 27% 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.
€ 3 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 49,678
▼ 60% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 562,984 | € 438,107 | € 430,105 | € -100,301 | ▼ € 530,407 |
| Profit after taxes | € 170,483 | € 81,944 | € 72,116 | € -382,146 | ▼ € 454,261 |
| Equity | € 67,703 | € 69,647 | € 71,793 | € -310,353 | ▼ € 382,146 |
| Total debts | € 1,477,028 | € 2,365,711 | € 2,808,289 | € 3,044,426 | ▲ 8% |
| Cash | € 27,076 | € 3,545 | € 6,071 | € 1,138 | ▼ 81% |
| Retained profit | € 57,703 | € 59,647 | € 61,793 | € -320,353 | ▼ € 382,146 |
| Dividend | € 150,000 | € 80,000 | € 70,000 | € 0 | ▼ 100% |
| Balance sheet total | € 1,544,731 | € 2,435,358 | € 2,880,082 | € 2,734,073 | ▼ 5% |
| Employees (FTE) | 19.2 | 16.5 | 15.3 | 13 | ▼ 2.3 |
By gross margin, ADHAM-TEX ranks 15th of 15 companies with main activity “Groothandel in kleding, met uitzondering van werk- en onderkleding” in Sint-Niklaas that publish figures (fiscal year 2025).
Key figures of ADHAM-TEX, 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.
Ask about ADHAM-TEX the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ADHAM-TEX?
What happened at ADHAM-TEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 382,146 (▼ € 454,261 vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Niklaas. KBO
- Adham Chmraji became a director. NBB
In short
From € 170,483 profit in 2022 to € 382,146 loss in 2025.
Paid € 100,917 in corporate taxes since 2022.
Best year ever: 2022, with € 170,483 profit.
On average € 28,100 of value added per employee in 2024.
Management
Behind ADHAM-TEX is Adham Chmraji.
Directors
According to the 2025 annual accounts
Adham Chmraji
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Europark-Noord 46 B
9100 Sint-Niklaas
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Sint-Niklaas
Same main activity (Groothandel in kleding, met uitzondering van werk- en onderkleding), 16 active companies in Sint-Niklaas, largest first.
€ 79.4 million revenue · 2026
€ 17.1 million revenue · 2025
€ 1.1 million gross margin · 2025
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€ 343,985 gross margin · 2026
Tekstiel van Raemdonck - Picco - Bello
€ 256,290 gross margin · 2025
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- CHMRAJI Adham(oprichter) 100%
Details
- Company number
- 0746.825.269
- VAT number
- BE 0746.825.269
- Registered office
- Europark-Noord 46 B, 9100 Sint-Niklaas
- Names & denominations
- ADHAM-TEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 2020
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in overig textiel