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.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ADVANCO from Brussel, company number BE0869896196, closed financial year 2025 with a result of € -167,974 after tax. For that financial year ADVANCO recorded a gross margin of € 310,226 and equity of € 582,092. Compared with financial year 2024, the result moved from € -502,996 to € -167,974. 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 31, 2026.
€ 582,092
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -167,974
▲ 67 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3,595
▲ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 102,389.
People and assets in 2025
2.5
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 483,543
▼ 44% vs 2024
€ 193,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,799
▼ 47% vs 2024
Of which on lease € 14,558.
Debts at end 2025
€ 45,573
▼ 21% vs 2024
€ 40,755 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 166,120
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,694
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,057,496 | - | - | |
| Gross margin | € 792,825 | € 991,475 | € 365,099 | € 310,226 | ▼ 15% |
| Profit after taxes | € 258,031 | € 280,473 | € -502,996 | € -167,974 | ▲ € 335,022 |
| Equity | € 972,589 | € 1,253,062 | € 750,066 | € 582,092 | ▼ 22% |
| Total debts | € 1,571,495 | € 1,539,585 | € 2,235,810 | € 2,230,050 | |
| Cash | € 570 | € 22,448 | € 3,241 | € 3,595 | ▲ 11% |
| Retained profit | € 492,886 | € 773,359 | € 270,363 | € 102,389 | ▼ 62% |
| Bank debt | € 72,379 | € 38,876 | € 57,821 | € 45,573 | ▼ 21% |
| Balance sheet total | € 2,544,084 | € 2,792,647 | € 2,985,876 | € 2,812,142 | ▼ 6% |
| Employees (FTE) | 4.1 | - | 2.8 | 2.5 | ▼ 0.3 |
Key figures of ADVANCO, 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 ADVANCO?
What happened at ADVANCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- John Jordon stepped down as director. NBB
- Robert Littlewood stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 167,974. Source: NBB ↗
- John Jordon became a director. NBB
- Robert Littlewood became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 258,031 profit in 2022 to € 167,974 loss in 2025.
Paid € 1,335 in corporate taxes since 2022.
Best year ever: 2023, with € 280,473 profit.
On average € 124,100 of value added per employee in 2025.
A new publication or filing at ADVANCO? 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
John Jordon
Director
since 2025 · until 2031
Robert Littlewood
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Bourgetlaan 42
1130 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →Finapal
RECTICEL
€ 128.3 million revenue · 2025
International Business Machines of Belgium
BALIM
YSL BEAUTE BENELUX
+15 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
- 0869.896.196
- VAT number
- BE 0869.896.196
- Registered office
- Bourgetlaan 42, 1130 Brussel
- Names & denominations
- ADVANCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 November 2004
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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