Financials
Financial year 2025
AD-EX from Wetteren, company number BE0832728073, closed financial year 2025 with a result of € 48,280 after tax. For that financial year AD-EX recorded a gross margin of € 400,535 and equity of € 515,456. Compared with financial year 2024, the result moved from € 77,121 to € 48,280. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 515,456
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,280
▼ 37% vs 2024
Profit after tax over the fiscal year.
€ 200,217
▲ 129% 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 € 503,056.
People and assets in 2025
€ 247,672
▲ 4% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,121
▲ 16% vs 2024
Of which on lease € 25,092.
Debts at end 2025
€ 535,702
▼ 5% vs 2024
€ 51,690 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 36,235
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 58,835
▲ 21% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 333,729 | € 394,299 | € 428,604 | € 400,535 | ▼ 7% |
| Profit after taxes | € 93,043 | € 84,763 | € 77,121 | € 48,280 | ▼ 37% |
| Equity | € 321,720 | € 390,055 | € 467,175 | € 515,456 | ▲ 10% |
| Total debts | € 429,010 | € 729,864 | € 652,040 | € 630,772 | ▼ 3% |
| Cash | € 130,904 | € 76,803 | € 87,492 | € 200,217 | ▲ 129% |
| Land & buildings | € 531,292 | € 853,475 | € 838,817 | € 804,260 | ▼ 4% |
| Retained profit | € 309,320 | € 377,655 | € 454,775 | € 503,056 | ▲ 11% |
| Dividend | € 0 | € 16,429 | € 0 | € 0 | |
| Bank debt | € 322,008 | € 620,324 | € 563,720 | € 535,702 | ▼ 5% |
| Balance sheet total | € 750,730 | € 1,119,919 | € 1,119,215 | € 1,146,228 | ▲ 2% |
Key figures of AD-EX, 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-EX?
What happened at AD-EX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,280 (▼ 37% vs 2024). Source: NBB ↗
- New establishment in Wetteren. KBO
- RUBEN DE VUYST became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 93,043 profit in 2022 to € 48,280 profit in 2025.
Paid € 153,471 in corporate taxes since 2022.
Best year ever: 2022, with € 93,043 profit.
Paid out € 16,429 in dividends to the owners in total.
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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
RUBEN DE VUYST
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Laarnesteenweg 25
9230 Wetteren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.728.073
- VAT number
- BE 0832.728.073
- Registered office
- Laarnesteenweg 25, 9230 Wetteren
- Names & denominations
- AD-EX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2011
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Handelsbemiddeling in de niet-gespecialiseerde groothandel