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ADDEV EUROBANDS

Active
Public limited companyfounded 1980active for 45 yearsHuttegem 6, 8570 Anzegem, BelgiumKBO/BCE: BE 0421.117.679
Summary

ADDEV EUROBANDS has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €996,145. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 58% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-12-1980 Normal situation
Activity
Non-specialised wholesale trade NACE 46900and 1 other
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2022
Establishment unit
2.018.242.376 8570 Anzegem, since 01-01-1981
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
Shareholders
  • ADHIS25-05-2022 annual accounts of ADHIS
  • ALMANDRA25-05-2022 annual accounts of ALMANDRA

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€2.6m
▼ 2.7%
Turnover
≈ €11.0m
estimated
Profit
€996,145
▲ 4.8%
Equity
€2.0m
▲ 2.3%
Total assets
€3.9m
▲ 5.0%
Employees on 31-12-2025
15
▼ 6.3%
Filed on 23-06-2026, 38 days before the deadline
Score breakdownlowers riskFounded in 1980Liquidity: current ratio 1.70, cash €531,837Equity €2.0m (52.2% of total assets)Profit of €996,145 (financial year 2025)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 77-2
equity 52.2% of total assets
Liquidity 43-6
short-term debt 47.7% · cash 13.6%
Profitability 100=
return on assets 25.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (1.83 in 2024), above the usual 1.5. Short-term debt is 47.7% and cash 13.6% of total assets. 47.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 61% of them on solvency, 50% on liquidity, 99% on profitability and 45% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Founded in 1980
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.70, cash €531,837
NBB · annual accounts
lowers risk · Equity €2.0m (52.2% of total assets)
NBB · annual accounts
lowers risk · Profit of €996,145 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
30 days early
2023
44 days early
2022
49 days early
2021
31 days early
2020
36 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8th oldest company in Anzegem, Wholesale and retail trade sectorin the Checked rankings No. 8 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €996,145 8 years View
  • New directorlatest change 24-09-2026 · 3 in office 1 joined View

Recent changes

  1. · Gazette deed Resignation: Hermann Hogg (director)Appointment: Cyril Frances (director)
  2. · Gazette deed Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
  3. · Gazette deed Resignation: Jean-Jacques Bancel (director)Permanent representative: Ruben De Meyer
All 20 events

Comparable companies

These companies have the same main activity as ADDEV EUROBANDS: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €2.7m and €6.3m, founded between 1978 and 1989.

CompanyTotal assetsGross margin
ADDEV EUROBANDS Anzegem€3.9m€2.6m
INTERNI FILM Heist-op-den-Berg€4.7m€1.6m
KLASMANN-DEILMANN BRUGGE Brugge€5.2m€2.0m
L.E.D. TECHNO Heusden-Zolder€4.0m€2.2m
CROIX CHATELAIN Brussel€3.9m€0.9m
GALAND EMBALLAGES Aywaille€2.7m€1.2m
ALPAGRO PACKAGING Houthalen-Helchteren€6.3m€1.7m
Full comparison

Key facts about ADDEV EUROBANDS

What is the company number of ADDEV EUROBANDS?
The company number of ADDEV EUROBANDS is 0421.117.679. The VAT number is the same number with BE in front: BE 0421.117.679.
Where is ADDEV EUROBANDS based?
The registered office is at Huttegem 6, 8570 Anzegem.Company details
What does ADDEV EUROBANDS do?
According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
What is the legal form of ADDEV EUROBANDS?
The legal form of ADDEV EUROBANDS is Public limited company (NV).
When was ADDEV EUROBANDS founded?
ADDEV EUROBANDS was founded on 30-12-1980.
Is ADDEV EUROBANDS still active?
Yes, ADDEV EUROBANDS is an active enterprise in the KBO register.
How many employees does ADDEV EUROBANDS have?
ADDEV EUROBANDS had an average of 14.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ADDEV EUROBANDS fall under?
In its 2022 annual accounts, ADDEV EUROBANDS states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of ADDEV EUROBANDS?
The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €2.6m and 98 comparable companies (NACE 46). It probably lies between €6.7m and €19.0m.
Is ADDEV EUROBANDS profitable?
In financial year 2025, ADDEV EUROBANDS made a profit of €996,145.
Where can I find the annual accounts of ADDEV EUROBANDS?
ADDEV EUROBANDS filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADDEV EUROBANDS due?
ADDEV EUROBANDS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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