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Addera

Active
Private limited companyfounded 2008active for 18 yearsVlienderweg 5, 9890 Gavere, BelgiumKBO/BCE: BE 0896.786.279
Summary

Addera has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,430 and a net result of €7,363. Equity is growing by about 7.7% per year across the filed financial years. Its solvency ranks better than 30% of 11,632 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€89,430▼ 0.3%
2024 · €89,683
Total assets
€289,867▼ 3.6%
2024 · €300,606
Net result
€7,363▼ 9.1%
2024 · €8,101
Working capital
€24,617▼ 26.9%
2024 · €33,687
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has fallen two years in a row; 2025 is 13% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€15,817 2025 Net result€7,363 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€12,354-€6,882▼ 44.3%€12,200▲ 77.3%€22,554▲ 84.9%€23,412▲ 3.8%€18,245▼ 22.1%€15,817▼ 13.3%
Net result€7,617-€3,937within the sector's middle half▼ 48.3%€7,022within the sector's middle half▲ 78.4%€16,951within the sector's middle half▲ 141%€13,785within the sector's middle half▼ 18.7%€8,101within the sector's middle half▼ 41.2%€7,363within the sector's middle half▼ 9.1%
Equity€55,447-€59,383within the sector's middle half▲ 7.1%€66,406within the sector's middle half▲ 11.8%€83,357within the sector's middle half▲ 25.5%€83,266within the sector's middle half▼ 0.1%€89,683within the sector's middle half▲ 7.7%€89,430within the sector's middle half▼ 0.3%
Total assets€83,432-€85,856within the sector's middle half▲ 2.9%€297,218within the sector's middle half▲ 246%€305,208within the sector's middle half▲ 2.7%€318,808above the sector's middle half▲ 4.5%€300,606within the sector's middle half▼ 5.7%€289,867within the sector's middle half▼ 3.6%
Debt€27,985-€26,472▼ 5.4%€230,812▲ 772%€221,852▼ 3.9%€235,542▲ 6.2%€210,922▼ 10.5%€200,438▼ 5.0%
Working capital€37,999-€46,841within the sector's middle half▲ 23.3%€19,178within the sector's middle half▼ 59.1%€31,318within the sector's middle half▲ 63.3%€28,752within the sector's middle half▼ 8.2%€33,687within the sector's middle half▲ 17.2%€24,617within the sector's middle half▼ 26.9%
Solvency66.5%-69.2%within the sector's middle half▲ 2.7pp22.3%below the sector's middle half▼ 46.8pp27.3%within the sector's middle half▲ 5.0pp26.1%within the sector's middle half▼ 1.2pp29.8%within the sector's middle half▲ 3.7pp30.9%within the sector's middle half▲ 1.0pp
Current ratio2.49-2.77within the sector's middle half▲ 0.281.59within the sector's middle half▼ 1.181.96within the sector's middle half▲ 0.361.53within the sector's middle half▼ 0.421.90within the sector's middle half▲ 0.361.68within the sector's middle half▼ 0.22
Return on assets (ROA)9.1%-4.6%within the sector's middle half▼ 4.5pp2.4%within the sector's middle half▼ 2.2pp5.6%within the sector's middle half▲ 3.2pp4.3%within the sector's middle half▼ 1.2pp2.7%within the sector's middle half▼ 1.6pp2.5%within the sector's middle half▼ 0.2pp
Staff (FTE)11=1=1=
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289,867
Fixed assets €228,918 ▼ 0.2%
Current assets €60,949 ▼ 14.5%
Equity and liabilities €289,867
Equity €89,430 ▼ 0.3%
Debt €200,438 ▼ 5.0%
Debt's share of the balance-sheet total falls from 70.2% to 69.1%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,539▼
2024 · €35,778
Cash flow
€22,085▼
2024 · €25,634
Debt to equity
2.24▼
2024 · 2.35
ROE
8.2%▼
2024 · 9.0%
Interest coverage
7.15▼
2024 · 9.38
Debt ≤ 1 year
€36,332▼
2024 · €37,617
Debt > 1 year
€163,923▼
2024 · €173,127
Income taxes
€4,422▼
2024 · €6,554
Staff costs
€75,193▲
2024 · €73,796
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 10,905 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet Code20242025
Assets
Total assets20/58€300,606€289,867▼
Fixed assets21/28€229,302€228,918▼
Tangible fixed assets22/27€229,302€228,918▼
Land and buildings22€215,479€206,764▼
Plant, machinery and equipment23€2,252€14,112▲
Furniture and vehicles24€11,570€8,043▼
Current assets29/58€71,304€60,949▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Amounts receivable within one year40/41€39,421€28,832▼
Trade receivables40€36,025€25,247▼
Other amounts receivable41€3,396€3,585▲
Cash at bank and in hand54/58€15,188€18,490▲
Deferred charges and accrued income490/1€16,695€13,627▼
Equity and liabilities
Total equity and liabilities10/49€300,606€289,867▼
Equity10/15€89,683€89,430▼
Contributions10/11€18,550€18,550=
Reserves13€62,791€62,538▼
Distributable reserves133€62,791€62,538▼
Profit (loss) carried forward14€8,342€8,342=
Amounts payable17/49€210,922€200,438▼
Amounts payable after more than one year17€173,127€163,923▼
Financial debts170/4€170,802€161,598▼
Other amounts payable178/9€2,325€2,325=
Amounts payable within one year42/48€37,617€36,332▼
Current portion of amounts payable after more than one year42€12,804€14,003▲
Trade debts44€2,145€3,679▲
Suppliers440/4€2,145€3,679▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€20,983€18,650▼
Taxes450/3€12,388€7,974▼
Remuneration and social security454/9€8,596€10,676▲
Other amounts payable47/48€1,684€0▼
Accrued charges and deferred income492/3€178€182▲
Income statement Code20242025
Non-recurring operating income76A€233€0▼
Remuneration, social security and pensions62€73,796€75,193▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,533€14,721▼
Other operating charges640/8€1,811€1,587▼
Gross operating margin9900€111,385€107,319▼
Operating profit (loss)9901€18,245€15,817▼
Financial income75/76B€224€241▲
Recurring financial income75€224€241▲
Financial charges65/66B€3,813€4,273▲
Recurring financial charges65€3,813€4,273▲
Profit (loss) for the period before taxes9903€14,655€11,785▼
Income taxes67/77€6,554€4,422▼
Profit (loss) for the period9904€8,101€7,363▼
Profit (loss) for the period to be appropriated9905€8,101€7,363▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,443€15,705▼
Profit (loss) brought forward from the previous period14P€8,342€8,342=
Transfer from equity791/2€1,684€7,617▲
Transfer to equity691/2€8,101€7,363▼
To other reserves6921€8,101€7,363▼
Profit to be distributed694/7€1,684€7,617▲
Return on contributions (dividend)694€1,684€7,617▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€0-€233€0▼ 100%
Remuneration, social security and pensions62---€63,920€68,518€73,796€75,193▲ 1.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,428€13,276€12,063€13,215€17,035€17,533€14,721▼ 16.0%
Other operating charges640/8---€1,210€1,346€1,811€1,587▼ 12.4%
Gross operating margin9900€85,577€82,124€88,524€100,900€110,310€111,385€107,319▼ 3.7%
Operating profit (loss)9901€12,354€6,882€12,200€22,554€23,412€18,245€15,817▼ 13.3%
Financial income75/76B---€384€385€224€241▲ 7.6%
Recurring financial income75€654€1,100€385€384€385€224€241▲ 7.6%
Financial charges65/66B---€4,089€3,482€3,813€4,273▲ 12.0%
Recurring financial charges65€906€939€3,942€4,089€3,482€3,813€4,273▲ 12.0%
Profit (loss) for the period before taxes9903€12,102€7,044€8,642€18,849€20,315€14,655€11,785▼ 19.6%
Income taxes67/77€4,485€3,107€1,620€1,898€6,530€6,554€4,422▼ 32.5%
Profit (loss) for the period9904€7,617€3,937€7,022€16,951€13,785€8,101€7,363▼ 9.1%
Transfer from tax-exempt reserves789---€0----
Profit (loss) for the period to be appropriated9905€7,617€3,937€10,546€16,951€13,785€8,101€7,363▼ 9.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€83,432€85,856€297,218€305,208€318,808€300,606€289,867▼ 3.6%
Fixed assets21/28€19,999€12,543€245,738€241,101€236,009€229,302€228,918▼ 0.2%
Tangible fixed assets22/27€19,999€12,543€245,738€241,101€236,009€229,302€228,918▼ 0.2%
Land and buildings22---€226,287€217,877€215,479€206,764▼ 4.0%
Plant, machinery and equipment23---€2,148€3,664€2,252€14,112▲ 527%
Furniture and vehicles24---€12,666€14,468€11,570€8,043▼ 30.5%
Current assets29/58€63,432€73,313€51,479€64,107€82,799€71,304€60,949▼ 14.5%
Amounts receivable after more than one year29---€12,500€12,500€0--
Trade receivables290---€12,500€12,500€0--
Amounts receivable within one year40/41€57,593€53,181€21,630€30,926€26,401€39,421€28,832▼ 26.9%
Trade receivables40---€30,926€26,401€36,025€25,247▼ 29.9%
Other amounts receivable41-----€3,396€3,585▲ 5.6%
Cash at bank and in hand54/58€4,115€17,690€14,464€12,530€30,848€15,188€18,490▲ 21.7%
Deferred charges and accrued income490/1---€8,150€13,050€16,695€13,627▼ 18.4%
Equity and liabilities
Total equity and liabilities10/49€83,432€85,856€297,218€305,208€318,808€300,606€289,867▼ 3.6%
Equity10/15€55,447€59,383€66,406€83,357€83,266€89,683€89,430▼ 0.3%
Contributions10/11€18,550--€18,550€18,550€18,550€18,550=
Reserves13€28,555€32,491€39,514€56,465€56,374€62,791€62,538▼ 0.4%
Distributable reserves133---€56,465€56,374€62,791€62,538▼ 0.4%
Profit (loss) carried forward14€8,342€8,342€8,342€8,342€8,342€8,342€8,342=
Amounts payable17/49€27,985€26,472€230,812€221,852€235,542€210,922€200,438▼ 5.0%
Amounts payable after more than one year17€2,551€0€198,511€188,903€181,416€173,127€163,923▼ 5.3%
Financial debts170/4---€188,903€179,166€170,802€161,598▼ 5.4%
Other amounts payable178/9----€2,250€2,325€2,325=
Amounts payable within one year42/48€25,433€26,472€32,301€32,789€54,047€37,617€36,332▼ 3.4%
Current portion of amounts payable after more than one year42---€9,608€9,737€12,804€14,003▲ 9.4%
Trade debts44€905€1,313€418€1,387€3,597€2,145€3,679▲ 71.5%
Suppliers440/4---€1,387€3,597€2,145€3,679▲ 71.5%
Advances received on contracts in progress46----€938€0--
Taxes, remuneration and social security45---€20,412€26,442€20,983€18,650▼ 11.1%
Taxes450/3---€12,189€16,185€12,388€7,974▼ 35.6%
Remuneration and social security454/9---€8,224€10,256€8,596€10,676▲ 24.2%
Other amounts payable47/48---€1,382€13,334€1,684€0▼ 100%
Accrued charges and deferred income492/3---€160€78€178€182▲ 2.6%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€7,617€3,937€7,022€16,951€13,785€8,101€7,363▼ 9.1%
+ Depreciation and write-downs630€13,428€13,276€12,063€13,215€17,035€17,533€14,721▼ 16.0%
Operating cash flow (approximation)€21,045€17,212€19,086€30,166€30,820€25,634€22,085▼ 13.8%
Investment in fixed assets (approximation)--€5,819-€245,259-€8,578-€11,943-€10,826-€14,338▼ 32.4%
Change in cash-€13,575-€3,225-€1,935€18,318-€15,660€3,302-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 30-04-2026 2026-00099569
30-09-2024 micro format 18-04-2025 2025-00072877
30-09-2023 micro format 20-03-2024 2024-00049957
30-09-2022 micro format 28-04-2023 2023-00079591
30-09-2021 micro format 21-01-2022 2022-01500040
30-09-2020 micro format 12-02-2021 2021-05300495
30-09-2019 micro format 31-01-2020 2020-03900099
30-09-2018 micro format 30-01-2019 2019-03000575
30-09-2017 micro format 28-02-2018 2018-06100183
30-09-2016 abbreviated format 27-03-2017 2017-07400043

Show all 17 filings

Similar companies · same sector, comparable size

Of the 11,509 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,710. 5,339 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · €598 awarded · €598 paid
Year Entries AwardedPaid
2025 1 €329€329
2023 1 €143€143
2022 1 €126€126
Schemes
3 entries · €598 · €598 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.