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 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Adelahof from Harelbeke, company number BE0831376805, closed financial year 2025 with a result of € -431,364 after tax. For that financial year Adelahof recorded a gross margin of € -417,029 and equity of € -1.1 million. Compared with financial year 2024, the result moved from € -526,583 to € -431,364. 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 April 30, 2026.
€ -1.1 million
▼ € 431,364 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -431,364
▲ 18 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,768
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
People and assets in 2025
€ 3,080
▲ 22% 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.
€ 1.1 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,370
▲ 71% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 84,566 | € 37,597 | € -528,890 | € -417,029 | ▲ € 111,861 |
| Profit after taxes | € 28,059 | € 61,416 | € -526,583 | € -431,364 | ▲ € 95,219 |
| Equity | € -155,672 | € -94,256 | € -620,839 | € -1,052,203 | ▼ € 431,364 |
| Total debts | € 2,844,213 | € 2,300,857 | € 3,125,141 | € 3,442,897 | ▲ 10% |
| Cash | € 1,713,779 | € 327,737 | € 6,328 | € 5,768 | ▼ 9% |
| Retained profit | € -175,672 | € -114,256 | € -640,839 | € -1,072,203 | ▼ € 431,364 |
| Bank debt | € 7,393 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,688,541 | € 2,206,600 | € 2,504,302 | € 2,390,693 | ▼ 5% |
Key figures of Adelahof, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Adelahof?
What happened at Adelahof in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 431,364. Source: NBB ↗
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
- HARBO BV became a director. NBB
In short
From € 28,059 profit in 2022 to € 431,364 loss in 2025.
Paid € 18,675 in corporate taxes since 2022.
Best year ever: 2023, with € 61,416 profit.
Management
The stake of Harbo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
AdelahofBehind Adelahof is HARBO BV. The shares are held by Harbo (99%).
Establishments
Establishment units
Physical locations of this company
Gentsesteenweg 71
8530 Harelbeke
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
- 0831.376.805
- VAT number
- BE 0831.376.805
- Registered office
- Gentsesteenweg 71, 8530 Harelbeke
- Names & denominations
- Adelahof
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 2010
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
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