ADEBEL
ActiveFinancials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 January 2026 The financial year closed on 30 June 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 5 November 2026.
Annual accounts 2024 filed on 09-10-2026 at the NBB all 15 filings
Turnover
≈ €140,000
Estimated: probably between €58,000 and €350,000
EBIT margin
Not included in this filing
Net result
€11,576▲ 192%
2023 · €3,959
Working capital
-€201,266▲ 7.8%
2023 · -€218,379
In the rankings
#2 company by equity in Putte, Manufacturing sector#5 company by total assets in Putte, Manufacturing sector
Multi-year overview
2019 to 2024, 6 financial yearsOperating result
€11,576
▲ 192%
2024
20192024
Net result
€11,576
▲ 192%
2024
middle half of the sector
20192024
Equity
€1.2m
▲ 1.0%
2024
middle half of the sector
20192024
Total assets
€1.8m
▼ 0.3%
2024
lowest quarter of the sector
20192024
Debt
€608,675
▼ 2.7%
2024
20192024
Working capital
-€201,266
▲ 7.8%
2024
lowest quarter of the sector
20192024
Solvency
65.8%
▲ 0.9pp
2024
middle half of the sector
20192024
Current ratio
0.35
▲ 0.02
2024
lowest quarter of the sector
20192024
Return on assets (ROA)
0.7%
▲ 0.4pp
2024
middle half of the sector
20192024
Staff (FTE)
no figure
2024
20192024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Operating result€0.002m-€0.005m▲ 158%€0.004m▼ 16.6%€0.01m▲ 240%€0.004m▼ 73.2%€0.01m▲ 192%
Net result€0.001m-€0.005mbelow the sector's middle half▲ 545%€0.001mbelow the sector's middle half▼ 86.3%€0.01mwithin the sector's middle half▲ 18×€0.004mwithin the sector's middle half▼ 65.2%€0.01mwithin the sector's middle half▲ 192%
Equity€1.1m-€1.1mwithin the sector's middle half▲ 0.4%€1.1mwithin the sector's middle half▲ 0.1%€1.2mwithin the sector's middle half▲ 1.0%€1.2mwithin the sector's middle half▲ 0.3%€1.2mwithin the sector's middle half▲ 1.0%
Total assets€1.9m-€1.8mwithin the sector's middle half▼ 5.2%€1.8mwithin the sector's middle half▲ 1.1%€1.8mwithin the sector's middle half▼ 3.0%€1.8mbelow the sector's middle half▲ 0.9%€1.8mbelow the sector's middle half▼ 0.3%
Debt€0.8m-€0.7m▼ 13.6%€0.7m▲ 2.8%€0.6m▼ 9.6%€0.6m▲ 1.8%€0.6m▼ 2.7%
Working capital-€0.3m--€0.3mbelow the sector's middle half▲ 11.6%-€0.3mbelow the sector's middle half▼ 0.8%-€0.2mbelow the sector's middle half▲ 12.3%-€0.2mbelow the sector's middle half▲ 1.8%-€0.2mbelow the sector's middle half▲ 7.8%
Solvency59.8%-63.3%within the sector's middle half▲ 3.5pp62.7%within the sector's middle half▼ 0.6pp65.3%within the sector's middle half▲ 2.6pp64.9%above the sector's middle half▼ 0.3pp65.8%within the sector's middle half▲ 0.9pp
Current ratio0.37-0.26below the sector's middle half▼ 0.110.33below the sector's middle half▲ 0.070.29below the sector's middle half▼ 0.040.33below the sector's middle half▲ 0.040.35below the sector's middle half▲ 0.02
Return on assets (ROA)0.0%-0.3%below the sector's middle half▲ 0.2pp0.0%below the sector's middle half▼ 0.2pp0.6%within the sector's middle half▲ 0.6pp0.2%within the sector's middle half▼ 0.4pp0.7%within the sector's middle half▲ 0.4pp
Staff (FTE)0.2-
above
within
below
The sector band is the middle half of the companies in Manufacture of rubber and plastic products (NACE 22). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 192% higher than in 2023. It is a recovery after the fall in 2023.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€1.7m ▼ 0.3%
Current assets
€107,409 =
Equity and liabilities €1.8m
Equity
€1.2m ▲ 1.0%
Debt
€608,675 ▼ 2.7%
Debt's share of the balance-sheet total falls from 35.1% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17,113
Cash flow
€17,113
Quick ratio
0.20▲
2023 · 0.19
Debt to equity
0.52▼
2023 · 0.54
ROE
1.0%▲
2023 · 0.3%
Debt ≤ 1 year
€308,675▼
2023 · €325,787
Debt > 1 year
€300,000=
2023 · €300,000
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,608 | €21,608 | €19,787 | €19,787 | - | €5,537 | - |
| Other operating charges640/8 | - | - | - | €3,606 | €2,943 | €3,422 | ▲ 16.3% |
| Gross operating margin9900 | €26,118 | €33,238 | €31,766 | €38,143 | €6,902 | €20,535 | ▲ 198% |
| Operating profit (loss)9901 | €2,016 | €5,202 | €4,338 | €14,750 | €3,959 | €11,576 | ▲ 192% |
| Financial income75/76B | - | - | - | €85 | - | - | - |
| Recurring financial income75 | - | €154 | - | €85 | - | - | - |
| Financial charges65/66B | - | - | - | €568 | - | - | - |
| Recurring financial charges65 | €1,239 | €612 | €3,032 | €568 | - | - | - |
| Profit (loss) for the period before taxes9903 | €777 | €4,745 | €1,306 | €14,267 | €3,959 | €11,576 | ▲ 192% |
| Income taxes67/77 | €49 | €50 | €663 | €2,898 | - | - | - |
| Profit (loss) for the period9904 | €728 | €4,695 | €643 | €11,369 | €3,959 | €11,576 | ▲ 192% |
| Profit (loss) for the period to be appropriated9905 | €728 | €4,695 | €643 | €11,369 | €3,959 | €11,576 | ▲ 192% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €1.9m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | ▼ 0.3% |
| Fixed assets21/28 | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▼ 0.3% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.1m | €0.08m | €0.08m | €0.07m | ▼ 7.1% |
| Land and buildings22 | - | - | - | €0.08m | €0.08m | €0.07m | ▼ 7.1% |
| Financial fixed assets28 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Current assets29/58 | €0.2m | €0.09m | €0.1m | €0.09m | €0.1m | €0.1m | = |
| Stocks and contracts in progress3 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Stocks30/36 | - | - | - | €0.05m | €0.05m | €0.05m | = |
| Amounts receivable within one year40/41 | €0.1m | €0.04m | €0.08m | €0.05m | €0.06m | €0.06m | = |
| Trade receivables40 | - | - | - | €0.05m | €0.06m | €0.06m | = |
| Cash at bank and in hand54/58 | - | - | €4 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €1.9m | €1.8m | €1.8m | €1.8m | €1.8m | €1.8m | ▼ 0.3% |
| Equity10/15 | €1.1m | €1.1m | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 1.0% |
| Contributions10/11 | €0.3m | - | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.9m | €0.8m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Non-distributable reserves130/1 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €0.8m | €0.8m | €0.8m | = |
| Profit (loss) carried forward14 | -€0.01m | -€0.006m | -€0.006m | €0.006m | €0.01m | €0.02m | ▲ 121% |
| Amounts payable17/49 | €0.8m | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 2.7% |
| Amounts payable after more than one year17 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Other amounts payable178/9 | - | - | - | €0.3m | €0.3m | €0.3m | = |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 5.3% |
| Trade debts44 | €0.01m | €0.004m | €0.007m | €0.001m | €0.001m | - | - |
| Suppliers440/4 | - | - | - | €0.001m | €0.001m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | €0.06m | €0.06m | = |
| Taxes450/3 | - | - | - | €0.003m | €0.003m | €0.003m | = |
| Remuneration and social security454/9 | - | - | - | €0.06m | €0.06m | €0.06m | = |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.3m | €0.2m | ▼ 6.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €728 | €4,695 | €643 | €11,369 | €3,959 | €11,576 | ▲ 192% |
| + Depreciation and write-downs630 | €21,608 | €21,608 | €19,787 | €19,787 | - | €5,537 | - |
| Operating cash flow (approximation) | €22,336 | €26,303 | €20,430 | €31,156 | €3,959 | €17,113 | ▲ 332% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2024 | full format | 09-10-2026 | 2026-00553346 | |
| 30-06-2023 | full format | 09-10-2026 | 2026-00553344 | |
| 30-06-2022 | abbreviated format | 17-03-2023 | 2023-00041400 | |
| 30-06-2021 | abbreviated format | 17-02-2022 | 2022-05900044 | |
| 30-06-2020 | abbreviated format | 08-02-2021 | 2021-05100382 | |
| 30-06-2019 | abbreviated format | 04-12-2020 | 2020-75000532 | |
| 30-06-2018 | abbreviated format | 27-02-2019 | 2019-05800541 | |
| 30-06-2017 | abbreviated format | 31-01-2018 | 2018-04100175 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03300203 | |
| 30-06-2015 | abbreviated format | 16-02-2016 | 2016-04500523 |