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.
Financials
Financial year 2025
AD 37 from Waterloo, company number BE0769289677, closed financial year 2025 with a result of € 308,789 after tax. For that financial year AD 37 recorded a gross margin of € 309,671 and equity of € -5,596. Compared with financial year 2024, the result moved from € -79,285 to € 308,789. Profitable, and profit is growing. 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 June 1, 2026.
€ -5,596
▲ € 308,789 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 308,789
▲ still € 79,285 loss in 2024
Profit after tax over the fiscal year.
€ 979,926
▲ € 979,458 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -13,596.
Debts at end 2025
€ 2.4 million
▲ 214% vs 2024
Loans from banks and other lenders, long and short.
€ 988
▲ € 973 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 | € -60,009 | € -10,961 | € -25,111 | € 309,671 | ▲ € 334,782 |
| Profit after taxes | € -179,349 | € -63,750 | € -79,285 | € 308,789 | ▲ € 388,074 |
| Equity | € -171,349 | € -235,099 | € -314,384 | € -5,596 | ▲ € 308,789 |
| Total debts | € 715,213 | € 766,918 | € 838,520 | € 2,418,080 | ▲ 188% |
| Cash | € 3,760 | - | € 468 | € 979,926 | ▲ € 979,458 |
| Land & buildings | € 539,354 | € 531,104 | € 522,854 | - | |
| Retained profit | € -179,349 | € -243,099 | € -322,384 | € -13,596 | ▲ € 308,789 |
| Bank debt | € 690,000 | € 718,709 | € 768,600 | € 2,417,092 | ▲ 214% |
| Balance sheet total | € 543,864 | € 531,818 | € 524,136 | € 2,412,485 | ▲ € 1.9 million |
Key figures of AD 37, 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 37?
What happened at AD 37 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GIA PARTNERS SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 308,789. Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 179,349 loss in 2022 to € 308,789 profit in 2025.
Best year ever: 2025, with € 308,789 profit.
A new publication or filing at AD 37? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Director · represented by Marc CHARLES
· until 2028
Establishments
Establishment units
Physical locations of this company
Chaussée Bara 339
1410 Waterloo
Léopold Wienerlaan 114
1170 Watermaal-Bosvoorde
Active since 3 June 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →IMMO DUSSART
€ 99,995 gross margin · 2025
M.D.M. AND A
€ -28,886 gross margin · 2025
GIA IMMOBILIER
€ 60,084 gross margin · 2025
COGHEN 77
€ -8,596 gross margin · 2025
Immobilière Le Normandie 15
€ -8,584 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
OVH, FR
Domain
Domain
immodussart.be
Registered
1998-03-24
Website info
Features
Security
Details
- Company number
- 0769.289.677
- VAT number
- BE 0769.289.677
- Registered office
- Chaussée Bara 339, 1410 Waterloo
- Names & denominations
- AD 37
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2021
- Peppol
- Active · Active since 21 Dec 2025
- Contact
- immodussart.be
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
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