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 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
73 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ADT PROJECT from Waregem, company number BE0748831486, closed financial year 2025 with a result of € -15,748 after tax. For that financial year ADT PROJECT recorded a gross margin of € 18,016 and equity of € 31,831. Compared with financial year 2023, the result moved from € -4,083 to € -15,748. The company made a loss. 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 December 16, 2025.
€ 31,831
▼ 33% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,748
▼ 286 % more loss than in 2023
Profit after tax over the fiscal year.
€ 11,731
▼ 53% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -29,669.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 9.6 million
▲ 59% vs 2023
Loans from banks and other lenders, long and short.
€ 119,582
▲ 197% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | - | € 1,564 | € -2,425 | € 18,016 | ▲ € 20,441 |
| Profit after taxes | € -6,885 | € -2,952 | € -4,083 | € -15,748 | ▼ € 11,665 |
| Equity | € 54,615 | € 51,663 | € 47,580 | € 31,831 | ▼ 33% |
| Total debts | € 43,692 | € 2,013,382 | € 6,298,910 | € 10,219,760 | ▲ 62% |
| Cash | € 55,936 | € 52,149 | € 24,741 | € 11,731 | ▼ 53% |
| Retained profit | € -6,885 | € -9,837 | € -13,920 | € -29,669 | ▼ € 15,748 |
| Bank debt | € 0 | € 1,922,000 | € 6,053,000 | € 9,614,000 | ▲ 59% |
| Balance sheet total | € 98,307 | € 2,065,045 | € 6,346,490 | € 10,251,591 | ▲ 62% |
Key figures of ADT PROJECT, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ADT PROJECT?
What happened at ADT PROJECT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Remako Consult BV stepped down as director. NBB
- Westate BV stepped down as director. NBB
- Kristof VANFLETEREN stepped down as director. NBB
- Emiel LATHOUWERS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 15,748. Source: NBB ↗
- Westate BV became a director. NBB
- Remako Consult BV became a director. NBB
- Kristof VANFLETEREN became a director. NBB
In short
From € 6,885 loss in 2021 to € 15,748 loss in 2025.
Management
The stake of Premier Development Fund 2, NIEUWE EIGEN WONING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ADT PROJECTThe shares are held by Premier Development Fund 2 (50%) and NIEUWE EIGEN WONING (50%).
Directors
According to the 2025 annual accounts
Director · represented by Maxime Koot
Also active at: The Roastery, NIEUWE EIGEN WONING, NEW BUILD, ADT DEVELOPMENT
since 2023 · until 2029
Kristof VANFLETEREN
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2021 · until 2027
Director · represented by Maarten Wuyts
Also active at: Stedelijk Leven Innovatief Maken Turnhout, TURNHOUT KANTOREN CONSTRUCT, TURNHOUT KANTOREN LAND, ADT DEVELOPMENT
since 2025 · until 2028
Emiel LATHOUWERS
Director
Also active at: The Roastery, ATMOSPHERE, CAP, FREESPACE, NIEUWE EIGEN WONING, NEW BUILD, ADT DEVELOPMENT, MORE THAN STONES +1 more
since 2021 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 73 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+68 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
- 0748.831.486
- VAT number
- BE 0748.831.486
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- ADT PROJECT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 June 2020
- Peppol
- Active · Active since 1 Jan 2001