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Admiro

Active Public limited companyfounded 1972active for 54 yearsLouizalaan 221, 1050 IxellesKBO/BCE: BE 0412.443.010 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €44.8m (2021)
€25.4m▼ 18.0%
peak €1.5m (2021)
€65,941▼ 77.1%
peak €14.1m (2013)
€6.0m▼ 29.0%
€2.2m▲ 1.5%
peak 7.5 FTE (2006)
3 FTEunchanged
Board8 names since 2017
5 directors and 4 others
Owners
98%
Documentsfilings and deeds
28-09-202659 days late
2025financial year
Turnover from €31.0m to €25.4mResult from €288,366 to €65,941Dividend €2.5mEquity from €8.4m to €6.0m

Key points

from the 2025 annual accounts

Equity

€6.0m ▼ 29.0%
8.42024+0.07Profit-2.5Dividend6.02025

Admiro paid out €2.5m in dividends. That is 3,790% of the 2025 profit.

Result

€65,941 ▼ 77.1%
€288,0002024€65,9002025

The result fell in 2025 from €288,366 to €65,941.

Staff

3 FTE from 7.5 in 2006

Between 2006 and 2025, 60% of the full-time equivalents disappeared.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The 2025 accounts came 59 days late. The other nine of the last ten were filed on time.

Position in the sector

72.8%

Higher solvency than 81% of companies in wholesale trade. Sector median 43.8% · 3,761 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as Admiro has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 17,035 companies, not a prediction for Admiro. 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

Board and ownership

Chair
Managing director
Director, , since 18-03-2018
Director, since 28-03-2018
Director, since 28-03-2018
Auditor,
  • 98%equity €104.0m (2025) · 2025 annual accounts of

Shares in 1 company,

Board & ownership

Recent changes

Reappointment: (statutory auditor) General meeting of 21-05-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0412443010
Amendment of the articles Gazette deed
1 statutory auditor appointed, 1 resignation, 4 directors reappointed Resignation: (statutory auditor) · Appointment: (statutory auditor) · Reappointments: (managing director), (managing director), and · General meeting of 19-05-2023 · Gazette deed
All 63 events

Comparable companies

same main activity, similar in size and age
Company
Admiro Ixelles €25.4m 0.3% 72.8% 3
Drapantex Antwerp €6.0m 0.9% 69.2% 1.6
INDETEX Mouscron €13.6m 9.3% 68.1% 11.5
VAN DER HAEGEN EN NECKEBROECK Ninove - - 34.4% 4.8
Aalsterse Textielgroothandel - Comptoir textile alostois Aalst €3.5m 23.5% 70.6% 6.5
van Uffelen Kontich - - 48.5% 2.9
Van den Heuvel-Wallaeys Roeselare - - 92.6% 2.6
-10%0%10%20%€5m€50m€500m€5bnAdmiroEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Admiro: wholesale of household textiles and bedding (NACE 46412). They are comparable in size and age: total assets between €2.2m and €26m, founded between 1949 and 1985.

Official details

Source: KBO
Status
Active since 31-05-1972Normal situation
Registered office
45 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
Activity
Wholesale of household textiles and beddingNACE 46412
Joint committee
226White-collar workers in international trade, transport and logistics · annual accounts 2024
Establishment unit
2.007.574.3561050 Brussels, since 01-05-1972
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€8.2m▼ 22.7%
Employeeson 31-12-2025
3=
Filing
Filed on 28-09-2026
Financials

Insights on Admiro

Admiro has existed since 1972. Turnover fell from €32.8m in 2006 to €25.4m in 2025 and staff from 7.5 to 3 full-time equivalents.

Turnover has fallen every year since 2021. Solvency fell in 2025 from 79.3% to 72.8% because of the dividend and higher debts to suppliers.

holds 98% of the shares.

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 Admiro

What is the company number of Admiro?
The company number of Admiro is 0412.443.010. The VAT number is the same number with BE in front: BE 0412.443.010.
Where is Admiro based?
The registered office is at Louizalaan 221, 1050 Ixelles.Company details
What does Admiro do?
According to the KBO register, the main activity is wholesale of household textiles and bedding (NACE 46412).
What is the legal form of Admiro?
Admiro is a public limited company (NV).
When was Admiro founded?
Admiro was founded on 31-05-1972.
Is Admiro still active?
Yes, Admiro is an active enterprise in the KBO register.
How many employees does Admiro have?
Admiro had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Admiro fall under?
In its 2024 annual accounts, Admiro states joint committee 226 (White-collar workers in international trade, transport and logistics).
What is the turnover of Admiro?
The turnover of Admiro was €25.4m in financial year 2025, according to the filed annual accounts.
Is Admiro profitable?
In financial year 2025, Admiro made a profit of €65,941.
Where can I find the annual accounts of Admiro?
Admiro filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Admiro due?
Admiro must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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