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ADVACHEM

Active
Public limited companyfounded 200322 yrs activeRoute no 624 Wallonie(H) 24, 7334 Saint-Ghislain, BelgiumKBO/BCE: BE 0862.289.814
Summary

ADVACHEM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.5m and a net result of -€191,090. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 70% of 272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability55▼-11
Solvency91▼-9
Growth38▼-14
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €900,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 3.34 in 2024; short-term debt: 31.1% and cash: 10.4% of total assets), and 33.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 20
Relative position
BE, all sectors
reference
Manufacture of chemicals and chemical products (NACE 20)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
66.5%
Return on assets
-1%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
15 d early
2023
156 d late
2022
505 d late
2021
31 d late
2020
2 d early
2019
14 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 98 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 126 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 December 2003, ADVACHEM was incorporated.1 Revenue went from EUR 68 million in 2018 to EUR 39 million in 2025 and headcount from 41.3 to 37.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€39.1m▲ 8.9%
2024 · €35.9m
EBIT margin
-0.9%▼ 4.5pp
2024 · 3.6%
Net result
-€191,090
2024 · €1.4m
Working capital
€4.6m▼ 70.8%
2024 · €15.8m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€82.6m▲ 88.4%€123.2m▲ 49.1%€42.8m▼ 65.2%€35.9m▼ 16.2%€39.1m▲ 8.9%
Operating result€5.2m▲ 461%€13.6m▲ 162%€2.8m▼ 79.3%€1.3m▼ 54.4%-€358,900
Net result€3.7mwithin the sector's middle half▲ 1,084%€9.8mabove the sector's middle half▲ 163%€2.3mwithin the sector's middle half▼ 76.9%€1.4mwithin the sector's middle half▼ 37.7%-€191,090below the sector's middle half
EBIT margin6.3%▲ 4.2pp11.0%▲ 4.8pp6.6%▼ 4.5pp3.6%▼ 3.0pp-0.9%▼ 4.5pp
Equity€12.2mwithin the sector's middle half▲ 42.2%€22.0mwithin the sector's middle half▲ 80.3%€23.4mwithin the sector's middle half▲ 6.3%€24.8mwithin the sector's middle half▲ 5.8%€12.5mwithin the sector's middle half▼ 49.5%
Total assets€30.6mwithin the sector's middle half▲ 41.7%€31.4mwithin the sector's middle half▲ 2.8%€28.2mwithin the sector's middle half▼ 10.4%€31.8mwithin the sector's middle half▲ 12.9%€18.8mwithin the sector's middle half▼ 40.9%
Debt€18.0m▲ 44.8%€8.9m▼ 50.7%€4.4m▼ 50.4%€6.9m▲ 57.7%€5.9m▼ 15.2%
Working capital€6.8mwithin the sector's middle half▲ 84.9%€14.4mabove the sector's middle half▲ 112%€15.2mabove the sector's middle half▲ 5.6%€15.8mabove the sector's middle half▲ 4.3%€4.6mwithin the sector's middle half▼ 70.8%
Solvency39.9%within the sector's middle half▲ 0.1pp70.0%above the sector's middle half▲ 30.1pp83.1%above the sector's middle half▲ 13.1pp77.8%above the sector's middle half▼ 5.2pp66.5%within the sector's middle half▼ 11.4pp
Current ratio1.52within the sector's middle half▼ 0.023.09above the sector's middle half▲ 1.575.25above the sector's middle half▲ 2.163.34above the sector's middle half▼ 1.911.79within the sector's middle half▼ 1.55
Return on assets (ROA)12.2%within the sector's middle half▲ 10.8pp31.3%above the sector's middle half▲ 19.0pp8.0%within the sector's middle half▼ 23.2pp4.4%within the sector's middle half▼ 3.6pp-1.0%below the sector's middle half▼ 5.5pp
Staff (FTE)39.7within the sector's middle half▼ 0.3%42.7within the sector's middle half▲ 7.6%44within the sector's middle half▲ 3.0%38within the sector's middle half▼ 13.6%37.3within the sector's middle half▼ 1.8%
above within below the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€5.0m€0€5.0m€10.0m€15.0mOperating result 2021: €5.2m€5.2mNet result 2021: €3.7m€3.7mOperating result 2022: €13.6m€13.6mNet result 2022: €9.8m€9.8mOperating result 2023: €2.8m€2.8mNet result 2023: €2.3m€2.3mOperating result 2024: €1.3m€1.3mNet result 2024: €1.4m€1.4mOperating result 2025: -€358,900-€358,900Net result 2025: -€191,090-€191,09020212022202320242025-€1m€0€1m€2m€3mOperating result 2023: €2.8m€2.8mNet result 2023: €2.3m€2.3mOperating result 2024: €1.3m€1.3mNet result 2024: €1.4m€1.4mOperating result 2025: -€358,900-€359,000Net result 2025: -€191,090-€191,000202320242025
The operating result turns negative in 2025: a loss of €358,900 after €1.3m in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18.8m
Fixed assets €8.3m ▼ 9.3%
Current assets €10.5m ▼ 53.7%
Equity and liabilities €18.8m
Equity €12.5m ▼ 49.5%
Provisions €431,225 ▲ 250%
Debt €5.9m ▼ 15.2%
Debt's share of the balance-sheet total rises from 21.8% to 31.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€917,382▼
2024 · €2.6m
Cash flow
€1.1m▼
2024 · €2.7m
Quick ratio
1.26▼
2024 · 3.04
Debt to equity
0.47▲
2024 · 0.28
ROE
-1.5%▼
2024 · 5.7%
Interest coverage
179.51▲
2024 · 73.17
Debt ≤ 1 year
€5.8m▼
2024 · €6.8m
Debt > 1 year
€25,274▼
2024 · €153,951
Income taxes
-€85,427▼
2024 · €415,036
Staff costs
€3.3m▼
2024 · €3.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 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% 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 8,611 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 · 91 lines
Balance sheet Code20242025
Assets
Total assets20/58€31.8m€18.8m▼
Fixed assets21/28€9.2m€8.3m▼
Intangible fixed assets21€43,537€25,759▼
Tangible fixed assets22/27€9.1m€8.3m▼
Land and buildings22€848,709€749,040▼
Plant, machinery and equipment23€5.5m€5.1m▼
Furniture and vehicles24€192,414€139,202▼
Leasing and similar rights25€2.6m€2.3m▼
Assets under construction and advance payments27€37,838€45,981▲
Financial fixed assets28€1,994€1,994=
Other financial fixed assets284/8€1,994€1,994=
Amounts receivable and cash guarantees285/8€1,994€1,994=
Current assets29/58€22.6m€10.5m▼
Stocks and contracts in progress3€2.0m€3.1m▲
Stocks30/36€2.0m€3.1m▲
Raw materials and consumables30/31€1.5m€1.3m▼
Work in progress32€15,870€0▼
Finished goods33€560,490€1.8m▲
Amounts receivable within one year40/41€12.5m€5.4m▼
Trade receivables40€2.5m€4.4m▲
Other amounts receivable41€9.9m€1.0m▼
Current investments50/53€0-
Other investments51/53€0-
Cash at bank and in hand54/58€7.4m€2.0m▼
Deferred charges and accrued income490/1€721,651€33,899▼
Equity and liabilities
Total equity and liabilities10/49€31.8m€18.8m▼
Equity10/15€24.8m€12.5m▼
Contributions10/11€1.5m€1.5m=
Capital10€1.5m€1.5m=
Issued capital100€1.5m€1.5m=
Reserves13€523,800€523,800=
Non-distributable reserves130/1€150,000€150,000=
Legal reserve130€150,000€150,000=
Distributable reserves133€373,800€373,800=
Profit (loss) carried forward14€22.3m€10.2m▼
Investment grants15€385,702€326,608▼
Provisions and deferred taxes16€123,325€431,225▲
Provisions for liabilities and charges160/5€123,325€431,225▲
Pensions and similar obligations160€11,225€11,225=
Major repairs and maintenance162€112,100€420,000▲
Environmental obligations163€0-
Amounts payable17/49€6.9m€5.9m▼
Amounts payable after more than one year17€153,951€25,274▼
Financial debts170/4€153,951€25,274▼
Leasing and similar obligations172€153,951€25,274▼
Other loans174€0-
Amounts payable within one year42/48€6.8m€5.8m▼
Current portion of amounts payable after more than one year42€649,685€142,176▼
Trade debts44€5.4m€5.2m▼
Suppliers440/4€5.4m€5.2m▼
Taxes, remuneration and social security45€669,892€499,831▼
Taxes450/3€23,761€6,465▼
Remuneration and social security454/9€646,131€493,366▼
Accrued charges and deferred income492/3€9,470€0▼
Income statement Code20242025
Operating income70/76A€36.5m€40.8m▲
Turnover70€35.9m€39.1m▲
Change in stocks of work in progress, finished goods and contracts in progress71€144,008€1.2m▲
Other operating income74€464,769€193,284▼
Non-recurring operating income76A€0€299,164▲
Operating charges60/66A€35.2m€41.1m▲
Goods for resale, raw materials and consumables60€25.2m€28.0m▲
Purchases600/8€25.8m€27.9m▲
Change in stocks: decrease (increase)609-€684,272€146,143▲
Services and other goods61€5.4m€7.9m▲
Remuneration, social security and pensions62€3.4m€3.3m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.3m€1.3m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€249,277€307,900▲
Other operating charges640/8€169,732€286,339▲
Non-recurring operating charges66A€0€89,851▲
Operating profit (loss)9901€1.3m-€358,900▼
Financial income75/76B€580,273€102,839▼
Recurring financial income75€580,273€102,839▼
Income from financial fixed assets750€1,299€0▼
Income from current assets751€245,499€10,621▼
Other financial income752/9€333,475€92,219▼
Financial charges65/66B€35,188€20,456▼
Recurring financial charges65€35,188€20,456▼
Debt charges650€35,188€5,111▼
Other financial charges652/9€0€15,346▲
Profit (loss) for the period before taxes9903€1.8m-€276,517▼
Income taxes67/77€415,036-€85,427▼
Taxes670/3€415,036€29,611▼
Tax adjustments and reversals of tax provisions77€0€115,039▲
Profit (loss) for the period9904€1.4m-€191,090▼
Profit (loss) for the period to be appropriated9905€1.4m-€191,090▼
Appropriation of the result
Profit (loss) to be appropriated9906€22.3m€22.2m▼
Profit (loss) brought forward from the previous period14P€20.9m€22.3m▲
Profit to be distributed694/7€0€12.0m▲
Return on contributions (dividend)694€0€12.0m▲
Social balance
Average headcount (FTE)908738.037.3▼

The notes to these accounts (80 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€84.1m€124.2m€42.6m€36.5m€40.8m▲ 11.7%
Turnover70€82.6m€123.2m€42.8m€35.9m€39.1m▲ 8.9%
Change in stocks of work in progress, finished goods and contracts in progress71€960,640-€104,525-€872,025€144,008€1.2m▲ 748%
Other operating income74€579,563€1.2m€589,946€464,769€193,284▼ 58.4%
Non-recurring operating income76A€6,868€7,268€6,651€0€299,164-
Operating charges60/66A€79.0m€110.6m€39.8m€35.2m€41.1m▲ 16.8%
Goods for resale, raw materials and consumables60€68.8m€98.6m€29.9m€25.2m€28.0m▲ 11.4%
Purchases600/8€70.9m€97.9m€28.2m€25.8m€27.9m▲ 7.9%
Change in stocks: decrease (increase)609-€2.1m€706,184€1.7m-€684,272€146,143▲ 121%
Services and other goods61€5.5m€6.4m€4.6m€5.4m€7.9m▲ 45.0%
Remuneration, social security and pensions62€3.3m€3.6m€3.8m€3.4m€3.3m▼ 4.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.5m€1.4m€1.3m€1.3m€1.3m▼ 1.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€187,889-€42,417-€47,583€0--
Provisions for liabilities and charges: additions (uses and reversals)635/8-€175,679€142,000-€186,357-€249,277€307,900▲ 224%
Other operating charges640/8€375,153€506,936€383,737€169,732€286,339▲ 68.7%
Non-recurring operating charges66A€2,000€18,869€3,315€0€89,851-
Operating profit (loss)9901€5.2m€13.6m€2.8m€1.3m-€358,900▼ 128%
Financial income75/76B€28,056€22,151€369,201€580,273€102,839▼ 82.3%
Recurring financial income75€28,056€22,151€369,201€580,273€102,839▼ 82.3%
Income from financial fixed assets750--€2,555€1,299€0▼ 100%
Income from current assets751--€93,479€245,499€10,621▼ 95.7%
Other financial income752/9€28,056€22,151€273,166€333,475€92,219▼ 72.3%
Financial charges65/66B€268,866€192,767€64,950€35,188€20,456▼ 41.9%
Recurring financial charges65€268,866€192,767€64,950€35,188€20,456▼ 41.9%
Debt charges650€200,521€175,209€64,950€35,188€5,111▼ 85.5%
Other financial charges652/9€68,345€17,557€0€0€15,346-
Profit (loss) for the period before taxes9903€4.9m€13.4m€3.1m€1.8m-€276,517▼ 115%
Income taxes67/77€1.2m€3.6m€851,607€415,036-€85,427▼ 121%
Taxes670/3€1.2m€3.7m€851,865€415,036€29,611▼ 92.9%
Tax adjustments and reversals of tax provisions77€62€86,846€257€0€115,039-
Profit (loss) for the period9904€3.7m€9.8m€2.3m€1.4m-€191,090▼ 114%
Transfer from tax-exempt reserves789€124,600€249,200----
Profit (loss) for the period to be appropriated9905€3.9m€10.1m€2.3m€1.4m-€191,090▼ 114%
Line20212022202320242025Change
Assets
Total assets20/58€30.6m€31.4m€28.2m€31.8m€18.8m▼ 40.9%
Fixed assets21/28€10.7m€10.1m€9.4m€9.2m€8.3m▼ 9.3%
Intangible fixed assets21€64,546€45,801€32,543€43,537€25,759▼ 40.8%
Tangible fixed assets22/27€10.6m€10.1m€9.4m€9.1m€8.3m▼ 9.2%
Land and buildings22€1.2m€1.0m€862,071€848,709€749,040▼ 11.7%
Plant, machinery and equipment23€5.7m€5.7m€5.5m€5.5m€5.1m▼ 7.2%
Furniture and vehicles24€189,866€169,501€124,536€192,414€139,202▼ 27.7%
Leasing and similar rights25€3.5m€3.2m€2.9m€2.6m€2.3m▼ 11.6%
Assets under construction and advance payments27--€28,632€37,838€45,981▲ 21.5%
Financial fixed assets28€1,994€1,994€1,994€1,994€1,994=
Other financial fixed assets284/8€1,994€1,994€1,994€1,994€1,994=
Amounts receivable and cash guarantees285/8€1,994€1,994€1,994€1,994€1,994=
Current assets29/58€19.9m€21.3m€18.8m€22.6m€10.5m▼ 53.7%
Amounts receivable after more than one year29€52,750€47,583----
Trade receivables290€52,750€47,583----
Stocks and contracts in progress3€4.5m€3.7m€1.2m€2.0m€3.1m▲ 53.0%
Stocks30/36€4.5m€3.7m€1.2m€2.0m€3.1m▲ 53.0%
Raw materials and consumables30/31€3.1m€2.4m€766,106€1.5m€1.3m▼ 9.0%
Work in progress32€51,366€37,555€18,709€15,870€0▼ 100%
Finished goods33€1.4m€1.3m€413,643€560,490€1.8m▲ 218%
Amounts receivable within one year40/41€13.4m€6.0m€4.5m€12.5m€5.4m▼ 56.8%
Trade receivables40€11.3m€4.4m€2.0m€2.5m€4.4m▲ 73.8%
Other amounts receivable41€2.1m€1.5m€2.5m€9.9m€1.0m▼ 89.9%
Current investments50/53--€7.0m€0--
Other investments51/53--€7.0m€0--
Cash at bank and in hand54/58€1.9m€10.7m€5.6m€7.4m€2.0m▼ 73.6%
Deferred charges and accrued income490/1€30,285€885,283€527,398€721,651€33,899▼ 95.3%
Equity and liabilities
Total equity and liabilities10/49€30.6m€31.4m€28.2m€31.8m€18.8m▼ 40.9%
Equity10/15€12.2m€22.0m€23.4m€24.8m€12.5m▼ 49.5%
Contributions10/11€1.5m€1.5m€1.5m€1.5m€1.5m=
Capital10€1.5m€1.5m€1.5m€1.5m€1.5m=
Issued capital100€1.5m€1.5m€1.5m€1.5m€1.5m=
Reserves13€523,800€523,800€523,800€523,800€523,800=
Non-distributable reserves130/1€150,000€150,000€150,000€150,000€150,000=
Legal reserve130€150,000€150,000€150,000€150,000€150,000=
Tax-exempt reserves132€249,200-----
Distributable reserves133€124,600€373,800€373,800€373,800€373,800=
Profit (loss) carried forward14€10.1m€19.9m€20.9m€22.3m€10.2m▼ 54.6%
Investment grants15€122,133€101,777€444,903€385,702€326,608▼ 15.3%
Provisions and deferred taxes16€416,959€558,959€372,602€123,325€431,225▲ 250%
Provisions for liabilities and charges160/5€416,959€558,959€372,602€123,325€431,225▲ 250%
Pensions and similar obligations160---€11,225€11,225=
Major repairs and maintenance162€345,300€487,300€314,143€112,100€420,000▲ 275%
Environmental obligations163---€0--
Other liabilities and charges164/5€71,659€71,659€58,459---
Amounts payable17/49€18.0m€8.9m€4.4m€6.9m€5.9m▼ 15.2%
Amounts payable after more than one year17€4.7m€1.9m€803,636€153,951€25,274▼ 83.6%
Financial debts170/4€4.7m€1.9m€803,636€153,951€25,274▼ 83.6%
Subordinated loans170€2.5m€374,934----
Leasing and similar obligations172€2.1m€1.5m€781,562€153,951€25,274▼ 83.6%
Other loans174€74,378€48,344€22,074€0--
Amounts payable within one year42/48€13.1m€6.9m€3.6m€6.8m€5.8m▼ 13.5%
Current portion of amounts payable after more than one year42€836,357€2.8m€706,787€649,685€142,176▼ 78.1%
Financial debts43€2.6m€200,768----
Credit institutions430/8€2.5m-----
Other loans439€100,381€200,768----
Trade debts44€8.6m€2.5m€2.2m€5.4m€5.2m▼ 4.4%
Suppliers440/4€8.6m€2.5m€2.2m€5.4m€5.2m▼ 4.4%
Taxes, remuneration and social security45€1.1m€1.3m€686,581€669,892€499,831▼ 25.4%
Taxes450/3€519,879€710,076€11,690€23,761€6,465▼ 72.8%
Remuneration and social security454/9€570,442€601,259€674,891€646,131€493,366▼ 23.6%
Other amounts payable47/48€186-----
Accrued charges and deferred income492/3€105,921€74,632€11,508€9,470€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€3.7m€9.8m€2.3m€1.4m-€191,090▼ 114%
+ Depreciation and write-downs630€1.5m€1.4m€1.3m€1.3m€1.3m▼ 1.2%
Operating cash flow (approximation)€5.2m€11.2m€3.6m€2.7m€1.1m▼ 59.9%
Investment in fixed assets (approximation)--€865,391-€597,496-€1.1m-€417,884▲ 61.7%
Change in cash-€8.7m-€5.1m€1.8m-€5.5m▼ 396%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
13-05
State Gazette act Resignation: Dario Gozzi (director)
Permanent representative: Mardeen Benjamin6 facts ▸
  • General meeting, 03-03-2026
  • Director resignation, Dario Gozzi (director)
  • Board composition, Sargon Management SRL (director)
  • Permanent representative, Mardeen Benjamin (permanent representative)
  • Board composition, Massimo Moreni (director)
  • Board composition, Stefano Saviola (director)
2025
31-12
Financial Weakest financial yearnet -€191,090
Net result drops to -€191,090, the lowest in the series.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
03-01
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 156 days late
2024
17-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 505 days late
2022
31-12
Financial Highest result since 2018net €9.8m ▲163%
Operating result €13.6m, net result €9.8m, both a record.
31-12
Financial Liquidity doublescurrent ratio 3.09
Current ratio from 1.52 to 3.09; short-term debt falls from €13.1m to €6.9m.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial Equity above €10mEq €12.2m ▲42.2%
4 profitable years in a row build equity to €12.2m.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
14-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 14 days late
Show earlier events
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
09-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 9 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts

Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Saint-Ghislain · 1 establishment unit since 2003
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Route no 624 Wallonie(H) 247334 Saint-Ghislain
1 establishment unit
ADVACHEM
Route no 624 Wallonie(H) 24, 7334 Saint-GhislainNACE 24140
since 20032.135.842.307

Mandate history

1 person since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Dario Gozzi
  • Director, until 03-03-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. YOMI HOLDING 100%
  2. ADVACHEM

Highest known parent: YOMI HOLDING. The sources do not say who stands above it.

Owners 1

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of ADVACHEM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Saint-Ghislain2.135.842.307
2 permissions
Erkenning · Fabrikant meststoffen oligo elementen · since 30-08-2022
Fabrikant andere meststoffen · since 02-06-2016

Legal Entity Identifier

549300UM4981HWAR3J79
live in the LEI register

Similar companies · same sector, comparable size

Of 106 companies in sector 20140 we hold annual accounts for 93. 60 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded19-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
20140Manufacture of chemicals and chemical products
20590Manufacture of chemicals and chemical products
20150Manufacture of chemicals and chemical products
46851Wholesale of industrial chemicals
46852Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0862289814
Also 9925:BE0862289814

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.