Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADW TRANS from Gistel, company number BE0829479662, closed financial year 2025 with a result of € -14,702 after tax. For that financial year ADW TRANS recorded a gross margin of € 41,468 and equity of € 202,969. Compared with financial year 2024, the result moved from € -9,820 to € -14,702. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 202,969
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,702
▼ 50 % more loss than in 2024
Profit after tax over the fiscal year.
€ 34,990
▲ 164% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 124,369.
People and assets in 2025
€ 142,344
▲ 222% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 441,616
▼ 7% vs 2024
€ 33,958 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 5,112
▼ 21% 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 | € 39,188 | € 32,936 | € 53,726 | € 41,468 | ▼ 23% |
| Profit after taxes | € -45,602 | € -15,407 | € -9,820 | € -14,702 | ▼ € 4,882 |
| Equity | € 242,898 | € 227,490 | € 217,670 | € 202,969 | ▼ 7% |
| Total debts | € 743,991 | € 757,397 | € 742,633 | € 865,180 | ▲ 17% |
| Cash | € 42,312 | € 43,384 | € 13,240 | € 34,990 | ▲ 164% |
| Land & buildings | € 837,352 | € 831,252 | € 827,199 | € 836,380 | ▲ 1% |
| Retained profit | € 164,298 | € 148,890 | € 139,070 | € 124,369 | ▼ 11% |
| Bank debt | € 546,731 | € 507,505 | € 474,903 | € 441,616 | ▼ 7% |
| Balance sheet total | € 994,299 | € 991,982 | € 967,171 | € 1,074,789 | ▲ 11% |
Key figures of ADW TRANS, 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 ADW TRANS?
What happened at ADW TRANS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,702. Source: NBB ↗
- Andreas De Waele became a director. NBB
- Geert De Waele became a director. NBB
- New establishment in De Haan. KBO
- New establishment in Gistel. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,602 loss in 2022 to € 14,702 loss in 2025.
Paid € 16,411 in corporate taxes since 2022.
A new publication or filing at ADW TRANS? 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
Behind ADW TRANS are Andreas De Waele and Geert De Waele. Geert De Waele is also behind DEVA RECYCLING, D.W.A. and WD GRO.
Directors
According to the 2025 annual accounts
Andreas De Waele
Director
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Moerestraat 188 A
8470 Gistel
Moerestraat 188 box A
8470 Gistel
Active since 14 October 2010
Schorrenpad 3A
8420 De Haan
Active since 1 September 2014
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.479.662
- VAT number
- BE 0829.479.662
- Registered office
- Moerestraat 188 A, 8470 Gistel
- Names & denominations
- ADW TRANS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2010
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
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