Deficits
-€755,341 in four years
Every financial year from 2022 to 2025 closed with a deficit. 2025 was the heaviest.
ADEM
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2006peak €961,851 (2025)
€961,851▲ 12.9%
lowest -€360,765 (2025)
-€360,765▼ €164,748
peak €6.3m (2021)
€5.7m▼ 5.3%
€6.7m▲ 41.8%
peak 209.1 FTE (2025)
209.1 FTE▲ 1.4%
Board19 names since 2017all names
9 directors and 8 others
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Turnover from €851,909 to €961,851Loss of €360,765Reappointment: (director) 30-12Reappointments: (director) and (director) 08-01Debts from €4.7m to €6.7mInvestments €2.6m
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Key points
from the 2025 annual accountsInvestments
€2.6m 3.9 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 40.0% higher than in 2024.
Staff
263 employees on 31-12-2025
In 2025, 111 people joined and 101 left.
Payment terms
98 days to suppliers
ADEM pays its suppliers 61 days later than in 2024. Customers pay 8 days earlier.
Position in the sector
-€360,765
Lower net result than 92% of companies in residential care. Sector median €94,822 · 604 companies.
Public support
€50.1m awarded from 2022 to 2025
Flemish support, mostly Persoonsvolgend budget voor personen met een handicap (PVB).
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 830 companies had the same profile as ADEM has now. Each dot stands for 3 companies, two years later.
96.5%
were still trading
2.9%
stopped another way
0.6%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 830 companies, not a prediction for ADEM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
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Recent changes
Reappointment: (director)
General meeting of 26-06-2026 · Gazette deed
2 directors appointed, 1 resignation
Appointments: and · Resignation: · Board meeting of 20-03-2026 · Gazette deed
Reappointment: Callens,Vandelanotte & Theunissen Bedrijfsrevisoren B.V.C.V. (statutory auditor)
Permanent representative: · General meeting of 27-06-2025 · Gazette deed
New establishment in Rotselaar
De Vlasselaar, Klein-Vlasselaar 3
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Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADEM Bierbeek | €1.0m | -32.8% | 46.0% | 209.1 |
| VZW KATRINAHOF Antwerp | €1.1m | 0.9% | 72.3% | 141.8 |
| Medisch-Pedagogisch Centrum Priorij Ter Bank Leuven | €0.3m | 84.5% | 49.2% | 143.1 |
| Medisch Pedagogisch Instituut De Kindervriend vereniging zonder winstoogmerk Kortrijk | €0.4m | -6.8% | 62.4% | 96.6 |
| Medisch Pedagogisch Centrum Sint-Franciscus Roosdaal | €2.0m | 58.4% | 69.3% | 365.1 |
| Les Perce-Neige Namur | €2.0m | -3.5% | 64.1% | 77.4 |
| Institut médico-pédagogique Notre-Dame de la Sagesse Estaimpuis | - | - | 64.9% | 166 |
Grey: the largest companies of the sector (residential care (NACE 87)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ADEM: residential care activities (NACE 87201). They are comparable in size and age: total assets between €6.3m and €24m, founded between 1968 and 1976.
Official details
Source: KBO- Status
- Active since 10-11-1967Normal situation
- Activity
- Residential care activitiesNACE 87201and 1 other
- Joint committee
- 319Educational and residential institutions · annual accounts 2024
- Establishment units
- 2.151.485.2393360 Bierbeek, since 06-02-2006
- 2.297.162.4133001 Leuven, since 03-01-2019and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 27-06-2025
Annual accounts 2025
- €19.1m▲ 3.7%
- €12.4m▲ 15.4%
- Employeeson 31-12-2025
- 263▲ 4.0%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on ADEM
ADEM has existed since 1967. Turnover grew from €486,880 in 2007 to €961,851 in 2025 and staff from 157.8 to 209.1 full-time equivalents.
Turnover has grown every year since 2020. Solvency fell in 2025 from 56.1% to 46.0% because of the loss and higher long-term debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADEM
- What is the company number of ADEM?
- The company number of ADEM is 0410.147.375. The VAT number is the same number with BE in front: BE 0410.147.375.
- Where is ADEM based?
- The registered office is at Klein Park 1, 3360 Bierbeek.Company details
- What does ADEM do?
- According to the KBO register, the main activity is residential care activities (NACE 87201).
- What is the legal form of ADEM?
- ADEM is a non-profit association (VZW).
- When was ADEM founded?
- ADEM was founded on 10-11-1967.
- Is ADEM still active?
- Yes, ADEM is an active enterprise in the KBO register.
- How many employees does ADEM have?
- ADEM had an average of 209.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ADEM fall under?
- In its 2024 annual accounts, ADEM states joint committee 319 (Educational and residential institutions).
- What is the turnover of ADEM?
- The turnover of ADEM was €961,851 in financial year 2025, according to the filed annual accounts.
- Is ADEM profitable?
- In financial year 2025, ADEM made a loss of €360,765.
- Where can I find the annual accounts of ADEM?
- ADEM filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADEM due?
- ADEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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