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ADCOTEC

Dissolved and wound up on 20-12-2023 KBO/BCE: BE 0442.116.694

Overview

Lifetime

17 annual accounts with figures on one time axis, 33 filings since 1991
peak €546,049 (2021)
€57,642▲ 11.2%
peak €482,916 (2021)
€192,116▲ 14×
peak €1.1m (2023)
€1.1m▲ 21.5%
€33,245▲ 7.1%
Board1 name since 2021
1 directorVANHUFFEL Peter
Documentsfilings and deeds
30-11-2023152 days before the deadline
2023micro format
Result from €13,991 to €192,116Equity from €893,209 to €1.1mCash from €673,142 to €1.1m

Key points

from the 2023 annual accounts, the last ones filed

Profit

16 years
20192020202120222023

16 profitable years in a row. Profit 2023: €192,116, mostly one-off.

Filings

33 annual accounts since 1991
deadline200020102020

The 2014 accounts came 161 days late. The other nine of the last ten were filed on time.

No scoreNet result +1,273%: one-off income

Board and ownership

last known board
VP
Director, until 2024

Shares in 1 company, EM CORPORATION

Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed on 20-12-2023 · Books and records kept in Sint-Gillis-Waas (5 years) · Resignation: VANHUFFEL Peter (sole director) · General meeting of 20-12-2023 · Gazette deed
Incorporation 16 publications in the Belgian Official Gazette, the last on 06-03-2024 · Gazette deed
All 41 events

Official details

Source: KBO
Status
Dissolved and wound up on 20-12-2023deed of 06-03-2024
Activity
No activity registered in the KBO
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2023

€57,642▲ 11.2%
≈ €170,000estimated
€192,116▲ 14×
€1.1m▲ 21.5%
€1.1m▲ 21.0%
Filing
Filed on 30-11-2023
Financials

Insights on ADCOTEC

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.

Financials

Annual accounts 2023

micro format, filed on 30-11-2023, 152 days before the deadline
€57,642
▲ 11.2%
€57,002
▲ 10.9%
€192,116
▲ 14×
€1.1m
▲ 25.1%
97.0%
▲ 0.4 percentage points
33.65
▲ 4.68

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.

Balance sheet

balance sheet total €1.1m on 30-09-2023
What the company ownsHow it is paid for

in €m

in €m

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 1.1m924,246942,097412,534387,319706,849574,489536,634507,239458,357468,633401,686508,755485,798442,452390,633324,967
21/28 525,30525,305100,005113,196126,388139,579-100,806101,206101,606100,005100,200100,395109,342118,29026,263
21 ------------195390585780-
22/27 ---013,19126,38339,57453,1668011,2011,602---8,75317,50526,258
24 ---013,19126,38339,57453,1668011,2011,602---8,75317,50526,258
28 525,30525,305100,005100,005100,005100,005100,005100,005100,005100,005100,005100,005100,005100,005100,0055
29/58 1.1m898,941916,792312,529274,122580,461434,910383,463406,433357,151367,027301,681408,555385,403333,109272,343298,704
29 ---------------9,584-
290 ---------------9,584-
40/41 19,8895,70110,99025313,12612,42612,81911,88214,12012,99321,47517,48810,0459,38918,937-15,321
40 19,889010,99025312,42612,42612,81911,88214,1209,99321,4759,9889,9149,2509,437-12,568
41 05,701-0700----3,000-7,5001311399,500-2,754
50/53 0217,166246,107-0200,000242,860241,243238,786237,281236,059232,759305,571284,185287,064238,563262,792
54/58 1.1m673,142656,782311,458260,197367,009178,220129,348152,949106,304108,91950,85989,68589,78118,49022,42418,662
490/1 02,9322,9148197991,0261,0119905785735735733,2542,0488,6181,7721,929
Balance sheet: equity and liabilities
10/49 1.1m924,246942,097412,534387,319706,849574,489536,633507,239458,357468,633401,686508,755485,798442,452390,633324,967
10/15 1.1m893,209879,218396,301356,872656,398547,659501,341461,865414,379440,924385,592349,862461,918401,536368,079318,763
10/11 18,60018,60018,60018,60018,600351,600351,600-345,500345,50012,50012,50012,50012,50012,50012,50012,500
10 -------345,500---------
100 ----18,600351,600351,600351,600351,600351,60018,60018,60018,60018,60018,60018,60018,600
101 -------6,1006,1006,1006,1006,1006,1006,1006,1006,1006,100
13 1.1m874,160860,260377,260338,260304,679195,979155,779116,36568,760427,860372,860336,860448,860388,860354,860305,860
130/1 16,56016,56016,56016,560-------------
130 ----16,56016,56010,5608,4606,4603,7601,8601,8601,8601,8601,8601,8601,860
1311 16,56016,56016,56016,560-------------
133 1.0m857,600843,700360,700321,700288,119185,419147,319109,90565,000426,000371,000335,000447,000387,000353,000304,000
14 565449358441121187962-119564232502558176719403
17/49 33,24531,03862,87916,23330,44650,45226,83135,29245,37443,97827,70916,094158,89223,88040,91622,5546,204
42/48 33,24531,03862,87916,23330,44650,45226,83135,29245,37443,97827,70916,094158,89223,88040,91622,5546,204
44 4421,2493941,1633061,3652,1724622,6753,6852825532,69843818,4944,843359
440/4 4421,2493941,1633061,3652,1724622,6753,6852825532,69843818,4944,843359
45 25,4116,25947,5756,9387,24717,8652,1116,3546,2332,8481,1122,67912,4001,8503,2674,645650
450/3 25,4116,25947,5756,9387,24717,8652,1116,3546,2332,8481,1122,67912,4001,8503,2674,645650
47/48 7,39123,53014,9118,13222,89331,22222,54828,47636,46637,44526,31612,862143,79521,59219,15513,0665,195
Income statement
76A 17,5010487,000---------40,000----
9900 57,64251,814546,04964,00663,69080,62655,31369,08259,22440,98656,08039,568-21,71357,62055,79972,52975,357
630 --013,19113,19113,19113,59213,5924004004001951958,9488,9488,9488,753
640/8 6404205701,0465375466276588918881,0322,5597,7212,6222,5932,5463,159
9901 57,00251,394545,48049,76849,96266,88841,09454,83257,93339,69754,64836,815-29,62946,05144,25861,03663,446
75/76B 141,9629,6011111103,23875,39015,903-11,88811,16511,66112,47213,31629,3376,84712,96011,439
75 17,2629,6011111103,23875,39015,90311,72011,88811,16511,66112,47213,31629,3376,84712,96011,439
76B 124,700----------------
65/66B -30,52035,3172,715118841,195-1,297--1,229-935-3,587-1,8433,939-1,3374,2904,5842,817
65 -30,52035,3172,715118841,195-1,297-367-1,229-935-3,587-1,8433,939-1,3374,2904,5842,817
9903 229,48425,678542,87549,76153,115141,08358,29467,91971,05051,79869,89651,13019,74876,72546,81569,41272,068
67/77 37,36811,68859,95910,33219,64032,34418,07728,44223,56514,34214,56415,40111,80316,34313,35920,09620,151
9904 192,11613,991482,91639,42933,475108,73940,21739,47747,48537,45655,33235,7297,94560,38233,45749,31651,917
9905 192,11613,991482,91639,42933,475108,73940,21739,47747,48537,45655,33235,7297,94560,38233,45749,31651,917
Appropriation of the result
9906 192,56514,349483,35839,44133,593108,81840,27939,47747,60538,01955,56436,2328,50260,55834,17649,71952,412
14P 449358441--------------
791/2 ---------370,000--112,000---8
691/2 192,00013,900483,00039,00033,581108,70040,20039,41547,60510,90055,00036,000-60,00034,00049,00052,017
691 ----------------8
6920 ----06,0002,1002,0002,7001,900------1
6921 192,00013,900483,00039,00033,581102,70038,10037,41544,9059,00055,00036,000-60,00034,00049,00052,008
694/7 ---------397,000--120,000----
694 ---------397,000--120,000----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

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.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2023 micro format 30-11-2023 2023-00519295 PDF
30-09-2022 micro format 07-04-2023 2023-00055868 PDF
30-09-2021 micro format 13-04-2022 2022-20003691 PDF
30-09-2020 micro format 23-03-2021 2021-08300182 PDF
30-09-2019 micro format 24-03-2020 2020-07400264 PDF
30-09-2018 abbreviated format 25-04-2019 2019-10800357 PDF
30-09-2017 abbreviated format 16-04-2018 2018-10000143 PDF
30-09-2016 abbreviated format 18-04-2017 2017-09500572 PDF
30-09-2015 abbreviated format 04-04-2016 2016-09400088 PDF
30-09-2014 abbreviated format 08-10-2015 2015-64800143 PDF
30-09-2013 abbreviated format 08-04-2014 2014-08900177 PDF
30-09-2012 abbreviated format 15-04-2013 2013-09000109 PDF
30-09-2011 abbreviated format 29-03-2012 2012-07600344 PDF
30-09-2010 abbreviated format 04-04-2011 2011-07800131 PDF
30-09-2009 abbreviated format 24-03-2010 2010-07500369 PDF
30-09-2008 abbreviated format 16-04-2009 2009-11200101 PDF
30-09-2007 abbreviated format 25-03-2008 2008-08100252 PDF
30-09-2006 abbreviated format 22-03-2007 2007-08601461 PDF
30-09-2005 abbreviated format 29-03-2006 2006-09003967 PDF
30-09-2004 abbreviated format 01-04-2005 2005-10303976 PDF
30-09-2003 abbreviated format 29-03-2004 2004-09100439 PDF
30-09-2002 abbreviated format 22-04-2003 2003-11503384 PDF
30-09-2001 abbreviated format 25-03-2002 2002-07503784 PDF
30-09-2000 abbreviated format 04-04-2001 2001-08804873 PDF
30-09-1999 abbreviated format 06-04-2000 2000-09201574 PDF
30-09-1998 abbreviated format 23-03-1999 1999-05600128 PDF
30-09-1997 abbreviated format 06-04-1998 1998-06202744 PDF
30-09-1996 abbreviated format 25-03-1997 1997-04103425 PDF
30-09-1995 abbreviated format 22-03-1996 1996-04301865 PDF
30-09-1994 abbreviated format 24-03-1995 1995-04303347 PDF
30-09-1993 abbreviated format 05-04-1994 1994-06001599 PDF
30-09-1992 abbreviated format 15-04-1993 1993-05005370 PDF
30-09-1991 abbreviated format 23-03-1992 1992-03103685 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20232022202120202019201820172016201520142013201220112010200920082007
--545,48062,96063,15380,08054,68668,42458,33440,09855,04937,010-29,43454,99853,20669,98372,198
--482,91652,62046,666121,93053,80953,06947,88637,85655,73335,9248,14069,32942,40458,26360,669
--25,300000065,957002,0020000100,975-
425,53416,361345,32451,261-106,811188,78848,872-23,60146,645-2,61558,060-38,825-9671,291-3,9343,762-
1.1m867,904853,913296,297243,676530,010408,079348,171361,059313,173339,317285,587249,662361,523292,193249,789292,501
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%
33.6528.9614.5819.259.0011.5116.2110.878.968.1213.2518.742.5716.148.1412.0848.15
0.030.030.070.040.090.080.050.070.100.110.060.040.450.050.100.060.02
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.

Investments

fixed assets acquired
Item30-09-202330-09-202230-09-2021
Financial fixed assets--€25,300
--€0

Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)

Insights on ADCOTEC

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.

Large changes and their cause
  • 2023 Net result +1,273% on 2022. The 2023 profit included a one-off income of €142,201.
  • 2022 Net result -97% on 2021. The 2021 profit included a one-off income of €487,000.
  • 2021 Net result +1,125% on 2020. The 2021 profit included a one-off income of €487,000.

Board & ownership

Mandates through the years

1 name, the dashed line is today
VANHUFFEL Peter
Sole director
Earliermandate already running before its first mention
Mandates as a list
  • VANHUFFEL Peter
    • Sole director, from before 30-09-2021 to 06-03-2024

See the board, name and registered office on a given date →

Control

Capital

Contribution
€18,600
Source
2023 annual accounts

Office holders in the KBO →

Network & group

Holdings

own accounts to 30-09-2022, the bar shows equity in euros
This companyADCOTEC1 holding, 1 country accounts to 30-09-2022

Belgium 1 Equity Result

Source: list of holdings in its own 30-09-2022 accounts. Every holding stands with its own latest accounts.

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2009 to 2022
Holdings through the years
Name2009201020112012201320142015201720182019202020212022
EM CORPORATION 12.65%
A&S 36.7%36.69%36.7%

Source: list of holdings in its own accounts

Connections & network

Timeline

Timeline

41 events since 1990
2024
Dissolution with immediate closure of the liquidationDissolved and wound up in a single deed on 20-12-2023 · Books and records kept in Sint-Gillis-Waas (5 years) · Resignation: VANHUFFEL Peter (sole director) · General meeting of 20-12-20234 points ▸
  • General meeting, 20-12-2023
  • Auditor report, €1,084,163.06
  • Director resignation, VANHUFFEL Peter (sole director)
  • Director discharge, VANHUFFEL Peter
  • The deed holds 10 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2023 filed PDFmicro format · 152 days before the deadline
Equity above €1m equity €1.1m ▲21.5% Equity rises from €893,209 to €1.1m.
Annual accounts 2022 filed PDFmicro format · 23 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 17 days before the deadline
2021
Highest result from 2007 to 2023 net €482,916 ▲1,125% The operating result of €545,480 and the net result of €482,916 are both a record.
Annual accounts 2020 filed PDFmicro format · 38 days before the deadline
2020
Liquidity more than doubled current ratio 19.25 The current ratio rises from 9.00 to 19.25. Short-term debt falls from €30,446 to €16,233.
Annual accounts 2019 filed PDFmicro format · 37 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 5 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 14 days before the deadline
2017
Annual accounts 2016 filed PDFabbreviated format · 12 days before the deadline
2016
Equity above €500,000 equity €501,341 ▲8.5% Equity rises from €461,865 to €501,341.
Annual accounts 2015 filed PDFabbreviated format · 26 days before the deadline
2015
Annual accounts 2014 filed PDFabbreviated format · 161 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 22 days before the deadline
2013
Annual accounts 2012 filed PDFabbreviated format · 15 days before the deadline
2012
Liquidity more than 7 times current ratio 18.74 The current ratio rises from 2.57 to 18.74. Short-term debt falls from €158,892 to €16,094.
Annual accounts 2011 filed PDFabbreviated format · 32 days before the deadline
2011
Weakest financial year net €7,945 ▼86.8% The net result drops to €7,945, the lowest from 2007 to 2023.
Annual accounts 2010 filed PDFabbreviated format · 26 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 37 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 14 days before the deadline
2008
Annual accounts 2007 filed PDFabbreviated format · 36 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 39 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
Annual accounts 1998 filed PDFabbreviated format
1998
Annual accounts 1997 filed PDFabbreviated format
1997
Annual accounts 1996 filed PDFabbreviated format
1996
Annual accounts 1995 filed PDFabbreviated format
1995
Annual accounts 1994 filed PDFabbreviated format
1994
Annual accounts 1993 filed PDFabbreviated format
1993
Annual accounts 1992 filed PDFabbreviated format
1992
Annual accounts 1991 filed PDFabbreviated format
1990
Incorporation 16 publications in the Belgian Official Gazette, the last on 06-03-2024

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Total assets rose from €387,319 in 2019 to €1.1m in 2023.1 In 2023 ADCOTEC was dissolved and its liquidation closed in a single deed.2

  1. 1National Bank, annual accounts 2019 and 2023
  2. 2Belgian Official Gazette, 06-03-2024

Company details

Inactive

Dissolved and wound up on 20 December 2023

ADCOTEC is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 6 March 2024 · deed
Last annual accounts
financial year to 30 September 2023
Last registered office
Oude Molenstraat 116, 9170 De Klingeas published on 6 March 2024
Legal form
Private limited company (pre-2019)
First annual accounts
financial year 1991
Official KBO record