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 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADSO from Buggenhout, company number BE0874275747, closed financial year 2025 with a result of € 68,807 after tax. For that financial year ADSO recorded a gross margin of € 140,998 and equity of € -48,634. Compared with financial year 2024, the result moved from € -89,567 to € 68,807. 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 March 31, 2026.
€ -48,634
▲ € 68,807 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 68,807
▲ still € 89,567 loss in 2024
Profit after tax over the fiscal year.
€ 34,300
▲ € 30,817 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 € -67,234.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 38,248
▼ 26% 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.
€ 1,495
▼ 89% vs 2024
Of which on lease € 1,071.
Debts at end 2025
€ 184,672
▼ 28% vs 2024
€ 47,949 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 39,816
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,384
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,402 | € 62,770 | € 37,644 | € 140,998 | ▲ 275% |
| Profit after taxes | € -50,227 | € -90,423 | € -89,567 | € 68,807 | ▲ € 158,373 |
| Equity | € 62,548 | € -27,874 | € -117,441 | € -48,634 | ▲ € 68,807 |
| Total debts | € 492,988 | € 486,119 | € 409,415 | € 264,578 | ▼ 35% |
| Cash | - | € 6,005 | € 3,483 | € 34,300 | ▲ € 30,817 |
| Retained profit | € 43,948 | € -46,474 | € -136,041 | € -67,234 | ▲ € 68,807 |
| Bank debt | € 334,311 | € 316,669 | € 255,183 | € 184,672 | ▼ 28% |
| Balance sheet total | € 555,536 | € 458,244 | € 291,974 | € 215,943 | ▼ 26% |
Key figures of ADSO, 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 ADSO?
What happened at ADSO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 68,807. Source: NBB ↗
- New establishment in Buggenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,227 loss in 2022 to € 68,807 profit in 2025.
Paid € 690 in corporate taxes since 2022.
Best year ever: 2025, with € 68,807 profit.
A new publication or filing at ADSO? We notify you, reason included.
Follow ADSODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 ADSO is J Hendrickx Bart Relinda.
Directors
According to the 2025 annual accounts
J Hendrickx Bart Relinda
Director
Establishments
Establishment units
Physical locations of this company
Kalkenstraat 19 box 2.1
9255 Buggenhout
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
Self-hosted
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0874.275.747
- VAT number
- BE 0874.275.747
- Registered office
- Kalkenstraat 19 bus 2.1, 9255 Buggenhout
- Names & denominations
- ADSO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2005
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- adso.be
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Groothandel in andere machines en werktuigen, n.e.g.
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering