Profit
16 profitable years in a row. Profit 2023: €192,116, mostly one-off.
16 profitable years in a row. Profit 2023: €192,116, mostly one-off.
The 2014 accounts came 161 days late. The other nine of the last ten were filed on time.
Inactive. The last annual accounts are for financial year 2023. The company was dissolved and wound up in a single deed on 20-12-2023. The books and records are kept for 5 years in Sint-Gillis-Waas.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €110,000 and €300,000.
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.1m | 924,246 | 942,097 | 412,534 | 387,319 | 706,849 | 574,489 | 536,634 | 507,239 | 458,357 | 468,633 | 401,686 | 508,755 | 485,798 | 442,452 | 390,633 | 324,967 | |
21/28 |
5 | 25,305 | 25,305 | 100,005 | 113,196 | 126,388 | 139,579 | - | 100,806 | 101,206 | 101,606 | 100,005 | 100,200 | 100,395 | 109,342 | 118,290 | 26,263 | |
21 |
- | - | - | - | - | - | - | - | - | - | - | - | 195 | 390 | 585 | 780 | - | |
22/27 |
- | - | - | 0 | 13,191 | 26,383 | 39,574 | 53,166 | 801 | 1,201 | 1,602 | - | - | - | 8,753 | 17,505 | 26,258 | |
24 |
- | - | - | 0 | 13,191 | 26,383 | 39,574 | 53,166 | 801 | 1,201 | 1,602 | - | - | - | 8,753 | 17,505 | 26,258 | |
28 |
5 | 25,305 | 25,305 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 100,005 | 5 | |
29/58 |
1.1m | 898,941 | 916,792 | 312,529 | 274,122 | 580,461 | 434,910 | 383,463 | 406,433 | 357,151 | 367,027 | 301,681 | 408,555 | 385,403 | 333,109 | 272,343 | 298,704 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,584 | - | |
290 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,584 | - | |
40/41 |
19,889 | 5,701 | 10,990 | 253 | 13,126 | 12,426 | 12,819 | 11,882 | 14,120 | 12,993 | 21,475 | 17,488 | 10,045 | 9,389 | 18,937 | - | 15,321 | |
40 |
19,889 | 0 | 10,990 | 253 | 12,426 | 12,426 | 12,819 | 11,882 | 14,120 | 9,993 | 21,475 | 9,988 | 9,914 | 9,250 | 9,437 | - | 12,568 | |
41 |
0 | 5,701 | - | 0 | 700 | - | - | - | - | 3,000 | - | 7,500 | 131 | 139 | 9,500 | - | 2,754 | |
50/53 |
0 | 217,166 | 246,107 | - | 0 | 200,000 | 242,860 | 241,243 | 238,786 | 237,281 | 236,059 | 232,759 | 305,571 | 284,185 | 287,064 | 238,563 | 262,792 | |
54/58 |
1.1m | 673,142 | 656,782 | 311,458 | 260,197 | 367,009 | 178,220 | 129,348 | 152,949 | 106,304 | 108,919 | 50,859 | 89,685 | 89,781 | 18,490 | 22,424 | 18,662 | |
490/1 |
0 | 2,932 | 2,914 | 819 | 799 | 1,026 | 1,011 | 990 | 578 | 573 | 573 | 573 | 3,254 | 2,048 | 8,618 | 1,772 | 1,929 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.1m | 924,246 | 942,097 | 412,534 | 387,319 | 706,849 | 574,489 | 536,633 | 507,239 | 458,357 | 468,633 | 401,686 | 508,755 | 485,798 | 442,452 | 390,633 | 324,967 | |
10/15 |
1.1m | 893,209 | 879,218 | 396,301 | 356,872 | 656,398 | 547,659 | 501,341 | 461,865 | 414,379 | 440,924 | 385,592 | 349,862 | 461,918 | 401,536 | 368,079 | 318,763 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 351,600 | 351,600 | - | 345,500 | 345,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
10 |
- | - | - | - | - | - | - | 345,500 | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 18,600 | 351,600 | 351,600 | 351,600 | 351,600 | 351,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | |
13 |
1.1m | 874,160 | 860,260 | 377,260 | 338,260 | 304,679 | 195,979 | 155,779 | 116,365 | 68,760 | 427,860 | 372,860 | 336,860 | 448,860 | 388,860 | 354,860 | 305,860 | |
130/1 |
16,560 | 16,560 | 16,560 | 16,560 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 16,560 | 16,560 | 10,560 | 8,460 | 6,460 | 3,760 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
16,560 | 16,560 | 16,560 | 16,560 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1.0m | 857,600 | 843,700 | 360,700 | 321,700 | 288,119 | 185,419 | 147,319 | 109,905 | 65,000 | 426,000 | 371,000 | 335,000 | 447,000 | 387,000 | 353,000 | 304,000 | |
14 |
565 | 449 | 358 | 441 | 12 | 118 | 79 | 62 | - | 119 | 564 | 232 | 502 | 558 | 176 | 719 | 403 | |
17/49 |
33,245 | 31,038 | 62,879 | 16,233 | 30,446 | 50,452 | 26,831 | 35,292 | 45,374 | 43,978 | 27,709 | 16,094 | 158,892 | 23,880 | 40,916 | 22,554 | 6,204 | |
42/48 |
33,245 | 31,038 | 62,879 | 16,233 | 30,446 | 50,452 | 26,831 | 35,292 | 45,374 | 43,978 | 27,709 | 16,094 | 158,892 | 23,880 | 40,916 | 22,554 | 6,204 | |
44 |
442 | 1,249 | 394 | 1,163 | 306 | 1,365 | 2,172 | 462 | 2,675 | 3,685 | 282 | 553 | 2,698 | 438 | 18,494 | 4,843 | 359 | |
440/4 |
442 | 1,249 | 394 | 1,163 | 306 | 1,365 | 2,172 | 462 | 2,675 | 3,685 | 282 | 553 | 2,698 | 438 | 18,494 | 4,843 | 359 | |
45 |
25,411 | 6,259 | 47,575 | 6,938 | 7,247 | 17,865 | 2,111 | 6,354 | 6,233 | 2,848 | 1,112 | 2,679 | 12,400 | 1,850 | 3,267 | 4,645 | 650 | |
450/3 |
25,411 | 6,259 | 47,575 | 6,938 | 7,247 | 17,865 | 2,111 | 6,354 | 6,233 | 2,848 | 1,112 | 2,679 | 12,400 | 1,850 | 3,267 | 4,645 | 650 | |
47/48 |
7,391 | 23,530 | 14,911 | 8,132 | 22,893 | 31,222 | 22,548 | 28,476 | 36,466 | 37,445 | 26,316 | 12,862 | 143,795 | 21,592 | 19,155 | 13,066 | 5,195 | |
| Income statement | ||||||||||||||||||
76A |
17,501 | 0 | 487,000 | - | - | - | - | - | - | - | - | - | 40,000 | - | - | - | - | |
9900 |
57,642 | 51,814 | 546,049 | 64,006 | 63,690 | 80,626 | 55,313 | 69,082 | 59,224 | 40,986 | 56,080 | 39,568 | -21,713 | 57,620 | 55,799 | 72,529 | 75,357 | |
630 |
- | - | 0 | 13,191 | 13,191 | 13,191 | 13,592 | 13,592 | 400 | 400 | 400 | 195 | 195 | 8,948 | 8,948 | 8,948 | 8,753 | |
640/8 |
640 | 420 | 570 | 1,046 | 537 | 546 | 627 | 658 | 891 | 888 | 1,032 | 2,559 | 7,721 | 2,622 | 2,593 | 2,546 | 3,159 | |
9901 |
57,002 | 51,394 | 545,480 | 49,768 | 49,962 | 66,888 | 41,094 | 54,832 | 57,933 | 39,697 | 54,648 | 36,815 | -29,629 | 46,051 | 44,258 | 61,036 | 63,446 | |
75/76B |
141,962 | 9,601 | 111 | 110 | 3,238 | 75,390 | 15,903 | - | 11,888 | 11,165 | 11,661 | 12,472 | 13,316 | 29,337 | 6,847 | 12,960 | 11,439 | |
75 |
17,262 | 9,601 | 111 | 110 | 3,238 | 75,390 | 15,903 | 11,720 | 11,888 | 11,165 | 11,661 | 12,472 | 13,316 | 29,337 | 6,847 | 12,960 | 11,439 | |
76B |
124,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
-30,520 | 35,317 | 2,715 | 118 | 84 | 1,195 | -1,297 | - | -1,229 | -935 | -3,587 | -1,843 | 3,939 | -1,337 | 4,290 | 4,584 | 2,817 | |
65 |
-30,520 | 35,317 | 2,715 | 118 | 84 | 1,195 | -1,297 | -367 | -1,229 | -935 | -3,587 | -1,843 | 3,939 | -1,337 | 4,290 | 4,584 | 2,817 | |
9903 |
229,484 | 25,678 | 542,875 | 49,761 | 53,115 | 141,083 | 58,294 | 67,919 | 71,050 | 51,798 | 69,896 | 51,130 | 19,748 | 76,725 | 46,815 | 69,412 | 72,068 | |
67/77 |
37,368 | 11,688 | 59,959 | 10,332 | 19,640 | 32,344 | 18,077 | 28,442 | 23,565 | 14,342 | 14,564 | 15,401 | 11,803 | 16,343 | 13,359 | 20,096 | 20,151 | |
9904 |
192,116 | 13,991 | 482,916 | 39,429 | 33,475 | 108,739 | 40,217 | 39,477 | 47,485 | 37,456 | 55,332 | 35,729 | 7,945 | 60,382 | 33,457 | 49,316 | 51,917 | |
9905 |
192,116 | 13,991 | 482,916 | 39,429 | 33,475 | 108,739 | 40,217 | 39,477 | 47,485 | 37,456 | 55,332 | 35,729 | 7,945 | 60,382 | 33,457 | 49,316 | 51,917 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
192,565 | 14,349 | 483,358 | 39,441 | 33,593 | 108,818 | 40,279 | 39,477 | 47,605 | 38,019 | 55,564 | 36,232 | 8,502 | 60,558 | 34,176 | 49,719 | 52,412 | |
14P |
449 | 358 | 441 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | 370,000 | - | - | 112,000 | - | - | - | 8 | |
691/2 |
192,000 | 13,900 | 483,000 | 39,000 | 33,581 | 108,700 | 40,200 | 39,415 | 47,605 | 10,900 | 55,000 | 36,000 | - | 60,000 | 34,000 | 49,000 | 52,017 | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | |
6920 |
- | - | - | - | 0 | 6,000 | 2,100 | 2,000 | 2,700 | 1,900 | - | - | - | - | - | - | 1 | |
6921 |
192,000 | 13,900 | 483,000 | 39,000 | 33,581 | 102,700 | 38,100 | 37,415 | 44,905 | 9,000 | 55,000 | 36,000 | - | 60,000 | 34,000 | 49,000 | 52,008 | |
694/7 |
- | - | - | - | - | - | - | - | - | 397,000 | - | - | 120,000 | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | 397,000 | - | - | 120,000 | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 16 older financial years (1991-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 30-11-2023.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 30-11-2023 | 2023-00519295 | |
| 30-09-2022 | micro format | 07-04-2023 | 2023-00055868 | |
| 30-09-2021 | micro format | 13-04-2022 | 2022-20003691 | |
| 30-09-2020 | micro format | 23-03-2021 | 2021-08300182 | |
| 30-09-2019 | micro format | 24-03-2020 | 2020-07400264 | |
| 30-09-2018 | abbreviated format | 25-04-2019 | 2019-10800357 | |
| 30-09-2017 | abbreviated format | 16-04-2018 | 2018-10000143 | |
| 30-09-2016 | abbreviated format | 18-04-2017 | 2017-09500572 | |
| 30-09-2015 | abbreviated format | 04-04-2016 | 2016-09400088 | |
| 30-09-2014 | abbreviated format | 08-10-2015 | 2015-64800143 | |
| 30-09-2013 | abbreviated format | 08-04-2014 | 2014-08900177 | |
| 30-09-2012 | abbreviated format | 15-04-2013 | 2013-09000109 | |
| 30-09-2011 | abbreviated format | 29-03-2012 | 2012-07600344 | |
| 30-09-2010 | abbreviated format | 04-04-2011 | 2011-07800131 | |
| 30-09-2009 | abbreviated format | 24-03-2010 | 2010-07500369 | |
| 30-09-2008 | abbreviated format | 16-04-2009 | 2009-11200101 | |
| 30-09-2007 | abbreviated format | 25-03-2008 | 2008-08100252 | |
| 30-09-2006 | abbreviated format | 22-03-2007 | 2007-08601461 | |
| 30-09-2005 | abbreviated format | 29-03-2006 | 2006-09003967 | |
| 30-09-2004 | abbreviated format | 01-04-2005 | 2005-10303976 | |
| 30-09-2003 | abbreviated format | 29-03-2004 | 2004-09100439 | |
| 30-09-2002 | abbreviated format | 22-04-2003 | 2003-11503384 | |
| 30-09-2001 | abbreviated format | 25-03-2002 | 2002-07503784 | |
| 30-09-2000 | abbreviated format | 04-04-2001 | 2001-08804873 | |
| 30-09-1999 | abbreviated format | 06-04-2000 | 2000-09201574 | |
| 30-09-1998 | abbreviated format | 23-03-1999 | 1999-05600128 | |
| 30-09-1997 | abbreviated format | 06-04-1998 | 1998-06202744 | |
| 30-09-1996 | abbreviated format | 25-03-1997 | 1997-04103425 | |
| 30-09-1995 | abbreviated format | 22-03-1996 | 1996-04301865 | |
| 30-09-1994 | abbreviated format | 24-03-1995 | 1995-04303347 | |
| 30-09-1993 | abbreviated format | 05-04-1994 | 1994-06001599 | |
| 30-09-1992 | abbreviated format | 15-04-1993 | 1993-05005370 | |
| 30-09-1991 | abbreviated format | 23-03-1992 | 1992-03103685 |
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | 545,480 | 62,960 | 63,153 | 80,080 | 54,686 | 68,424 | 58,334 | 40,098 | 55,049 | 37,010 | -29,434 | 54,998 | 53,206 | 69,983 | 72,198 | ||
| - | - | 482,916 | 52,620 | 46,666 | 121,930 | 53,809 | 53,069 | 47,886 | 37,856 | 55,733 | 35,924 | 8,140 | 69,329 | 42,404 | 58,263 | 60,669 | ||
| - | - | 25,300 | 0 | 0 | 0 | 0 | 65,957 | 0 | 0 | 2,002 | 0 | 0 | 0 | 0 | 100,975 | - | ||
| 425,534 | 16,361 | 345,324 | 51,261 | -106,811 | 188,788 | 48,872 | -23,601 | 46,645 | -2,615 | 58,060 | -38,825 | -96 | 71,291 | -3,934 | 3,762 | - | ||
| 1.1m | 867,904 | 853,913 | 296,297 | 243,676 | 530,010 | 408,079 | 348,171 | 361,059 | 313,173 | 339,317 | 285,587 | 249,662 | 361,523 | 292,193 | 249,789 | 292,501 | ||
| 97.0% | 96.6% | 93.3% | 96.1% | 92.1% | 92.9% | 95.3% | 93.4% | 91.1% | 90.4% | 94.1% | 96.0% | 68.8% | 95.1% | 90.8% | 94.2% | 98.1% | ||
| 33.65 | 28.96 | 14.58 | 19.25 | 9.00 | 11.51 | 16.21 | 10.87 | 8.96 | 8.12 | 13.25 | 18.74 | 2.57 | 16.14 | 8.14 | 12.08 | 48.15 | ||
| 0.03 | 0.03 | 0.07 | 0.04 | 0.09 | 0.08 | 0.05 | 0.07 | 0.10 | 0.11 | 0.06 | 0.04 | 0.45 | 0.05 | 0.10 | 0.06 | 0.02 | ||
| 17.7% | 1.6% | 54.9% | 9.9% | 9.4% | 16.6% | 7.3% | 7.9% | 10.3% | 9.0% | 12.5% | 9.3% | 2.3% | 13.1% | 8.3% | 13.4% | 16.3% | ||
| 17.2% | 1.5% | 51.3% | 9.6% | 8.6% | 15.4% | 7.0% | 7.4% | 9.4% | 8.2% | 11.8% | 8.9% | 1.6% | 12.4% | 7.6% | 12.6% | 16.0% | ||
| - | - | over 100 | - | - | - | - | -186.44 | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|
| Financial fixed assets | - | - | €25,300 |
| - | - | €0 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is 11% higher than in 2022. It is a recovery after the fall in 2022.
Debt's share of the balance-sheet total falls from 3.4% to 3.0%. Equity and debt are higher.
Source: list of holdings in its own 30-09-2022 accounts. Every holding stands with its own latest accounts.
See the function holders in the KBO register.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
ADCOTEC is no longer in the KBO register.
If something looks wrong or is missing, please tell us.