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ADwork

Active
Private limited companyfounded 2006active for 19 yearsCatharinadreef 45, 2970 Schilde, BelgiumKBO/BCE: BE 0885.696.706

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ADwork has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €107,061. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 2,295 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 15-12-2006 Normal situation
Legal form
Private limited company
Registered office
Catharinadreef 45, 2970 Schilde
Activity
Other information service activities NACE 63920and 2 others
Establishment unit
2.188.682.165 2970 Schilde, since 14-12-2006
Financial year end
30 September
Peppol
Reachable since 30-08-2023

Who decides

Board
  • Vanbussel TomDirector
Holdings
Shares in 1 company NOBODY

How it is doing

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Gross margin
€201,763
▼ 51.8%
Turnover
≈ €510,000
estimated
Profit
€107,061
▼ 59.0%
Equity
€3.1m
▲ 425%
Total assets
€3.2m
▲ 304%
Net result -59%: restructuring2025 accounts 50 days early
Filed on 11-03-2026PDF
Why 97lowers riskSize: total assets €3.2mFigures for financial year 2025 (filed 18-03-2026)Equity €3.1m (95.4% of total assets)Founded in 2006Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 78% of its sector peers (NACE 63, small)
Financial strength · tick = 2024
Strong
Solvency 100+2
equity 95.4% of total assets
Liquidity 59-21
short-term debt 1.2% · cash 7.0%
Profitability 73-27
return on assets 3.3%
Bankruptcy probability, 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 0.1% (183 companies, NACE 63, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 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 05-2026 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
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity ample (current ratio 73.95, compared with 4.82 in 2024, above the usual 1.5; short-term debt: 1.2% and cash: 7% of total assets), and 4.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 63, small): better than 92% on solvency, 64% on liquidity, 58% on profitability and 97% on growth.

The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskneutral
lowers risk · Size: total assets €3.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 18-03-2026)
NBB · annual accounts
lowers risk · Equity €3.1m (95.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €3.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-03-2026, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
50 days early
2024
57 days early
2023
140 days early
2022
30 days early
2021
2 days early
2020
on the day
2019
1 day early
← 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 40 days before the deadline; the sector median (NACE 63) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 March (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
30-09-2025
Filed on
11-03-2026
Format
micro format
Reference
2026-00056093
Turnover
≈ €510,000
Estimated: probably between €340,000 and €780,000
Total assets
€3.2m▲ 304%
2024 · €793,558
Net result
€107,061▼ 59.0%
2024 · €260,844
Working capital
€2.7m▲ 605%
2024 · €388,121
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 61% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€0.001m--€0.001m▼ 5.9%€0.1m€0.2m▲ 22.7%€0.3m▲ 66.8%€0.4m▲ 29.3%€0.1m▼ 60.6%
Net result-€0.001m--€0.001mbelow the sector's middle half▼ 6.0%€0.1mabove the sector's middle half€0.1mabove the sector's middle half▲ 10.1%€0.2mabove the sector's middle half▲ 79.9%€0.3mabove the sector's middle half▲ 24.4%€0.1mabove the sector's middle half▼ 59.0%
Equity-€169--€0.001mbelow the sector's middle half▼ 671%€0.1mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 29.3%€0.3mabove the sector's middle half▲ 139%€0.6mabove the sector's middle half▲ 80.9%€3.1mabove the sector's middle half▲ 425%
Total assets€68-€42below the sector's middle half▼ 38.3%€0.1mwithin the sector's middle half▲ 3,407×€0.4mabove the sector's middle half▲ 146%€0.5mabove the sector's middle half▲ 29.3%€0.8mabove the sector's middle half▲ 75.0%€3.2mabove the sector's middle half▲ 304%
Debt€237-€0.001m▲ 467%€0.04m▲ 28×€0.2m▲ 467%€0.1m▼ 39.2%€0.2m▲ 60.4%€0.1m▼ 30.5%
Working capital-€169--€0.001mbelow the sector's middle half▼ 671%€0.1mabove the sector's middle half€0.1mabove the sector's middle half▲ 29.3%€0.2mabove the sector's middle half▲ 31.0%€0.4mabove the sector's middle half▲ 119%€2.7mabove the sector's middle half▲ 605%
Solvency73.3%within the sector's middle half38.5%within the sector's middle half▼ 34.8pp71.1%within the sector's middle half▲ 32.6pp73.5%within the sector's middle half▲ 2.4pp95.4%above the sector's middle half▲ 21.9pp
Current ratio3.75within the sector's middle half1.63within the sector's middle half▼ 2.122.35within the sector's middle half▲ 0.724.82within the sector's middle half▲ 2.4773.95above the sector's middle half▲ 69.13
Return on assets (ROA)74.2%above the sector's middle half33.2%above the sector's middle half▼ 41.0pp46.2%above the sector's middle half▲ 13.0pp32.9%above the sector's middle half▼ 13.4pp3.3%within the sector's middle half▼ 29.5pp
above within below the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
  • 2025 Net result -59% on 2024. Demerger with STND, effective 01-01-2025.
  • 2025 Equity +425%, Total assets +304% on 2024. Demerger with STND, effective 01-01-2025. Capital increase of €2,369,094 (Official Gazette 18-08-2025).
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets €432,238 ▲ 42.2%
Current assets €2.8m ▲ 466%
Equity and liabilities €3.2m
Equity €3.1m ▲ 425%
Debt €146,318 ▼ 30.5%
Debt's share of the balance-sheet total falls from 26.5% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€198,238▼
2024 · €417,193
Cash flow
€156,655▼
2024 · €300,634
Debt to equity
0.05▼
2024 · 0.36
ROE
3.5%▼
2024 · 44.7%
Interest coverage
30.96▼
2024 · 74.79
Debt ≤ 1 year
€37,504▼
2024 · €101,564
Debt > 1 year
€108,815=
2024 · €108,815
Income taxes
€45,489▼
2024 · €116,399
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96.0% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
96.0% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,049 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 · 46 lines

Source: Annual accounts 2025 (PDF), filed with the National Bank on 11-03-2026.

Balance sheet Code20242025
Assets
Total assets20/58€0.8m€3.2m▲
Fixed assets21/28€0.3m€0.4m▲
Tangible fixed assets22/27€0.3m€0.4m▲
Furniture and vehicles24€0.1m€0.08m▼
Other tangible fixed assets26€0.2m€0.4m▲
Current assets29/58€0.5m€2.8m▲
Amounts receivable after more than one year29-€1.0m
Other amounts receivable291-€1.0m
Amounts receivable within one year40/41€0.09m€0.04m▼
Trade receivables40€0.06m€0.04m▼
Other amounts receivable41€0.03m€420▼
Current investments50/53€0.2m€1.5m▲
Cash at bank and in hand54/58€0.2m€0.2m▲
Deferred charges and accrued income490/1€0.001m€0.001m▲
Equity and liabilities
Total equity and liabilities10/49€0.8m€3.2m▲
Equity10/15€0.6m€3.1m▲
Contributions10/11€0.02m€0.02m▲
Reserves13€0.6m€3.0m▲
Tax-exempt reserves132-€0.4m
Distributable reserves133€0.6m€2.7m▲
Amounts payable17/49€0.2m€0.1m▼
Amounts payable after more than one year17€0.1m€0.1m=
Financial debts170/4€0.1m€0.1m=
Amounts payable within one year42/48€0.1m€0.04m▼
Current portion of amounts payable after more than one year42€0.02m-
Trade debts44€0.004m€0.01m▲
Suppliers440/4€0.004m€0.01m▲
Taxes, remuneration and social security45€0.08m€0.03m▼
Taxes450/3€0.08m€0.03m▼
Other amounts payable47/48€250€0.001m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.05m▲
Other operating charges640/8€0.002m€0.004m▲
Gross operating margin9900€0.4m€0.2m▼
Operating profit (loss)9901€0.4m€0.1m▼
Financial income75/76B€0.005m€0.04m▲
Recurring financial income75€0.005m€0.04m▲
Financial charges65/66B€0.006m€0.04m▲
Recurring financial charges65€0.006m€0.006m▲
Non-recurring financial charges66B-€0.03m
Profit (loss) for the period before taxes9903€0.4m€0.2m▼
Income taxes67/77€0.1m€0.05m▼
Profit (loss) for the period9904€0.3m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.3m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.1m▼
Transfer to equity691/2€0.3m€0.1m▼
To other reserves6921€0.3m€0.1m▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€20,804€39,790€49,594▲ 24.6%
Other operating charges640/8--€420€693€459€1,685€3,525▲ 109%
Gross operating margin9900-€592-€838€143,096€175,709€313,133€418,878€201,763▼ 51.8%
Operating profit (loss)9901-€1,043-€1,105€142,676€175,016€291,870€377,403€148,644▼ 60.6%
Financial income75/76B-----€5,418€43,060▲ 695%
Recurring financial income75-----€5,418€43,060▲ 695%
Financial charges65/66B--€30€40€191€5,579€39,153▲ 602%
Recurring financial charges65€24€26€30€40€191€5,579€6,403▲ 14.8%
Non-recurring financial charges66B------€32,750-
Profit (loss) for the period before taxes9903-€1,067-€1,131€142,646€174,975€291,679€377,243€152,550▼ 59.6%
Income taxes67/77--€36,793€58,431€81,988€116,399€45,489▼ 60.9%
Profit (loss) for the period9904-€1,067-€1,131€105,853€116,544€209,691€260,844€107,061▼ 59.0%
Profit (loss) for the period to be appropriated9905-€1,067-€1,131€105,853€116,544€209,691€260,844€107,061▼ 59.0%
Line2019202020212022202320242025Change
Assets
Total assets20/58€68€42€0.1m€0.4m€0.5m€0.8m€3.2m▲ 304%
Fixed assets21/28----€0.1m€0.3m€0.4m▲ 42.2%
Tangible fixed assets22/27----€0.1m€0.3m€0.4m▲ 42.2%
Furniture and vehicles24----€0.1m€0.1m€0.08m▼ 29.6%
Other tangible fixed assets26----€0.005m€0.2m€0.4m▲ 83.7%
Current assets29/58€68€42€0.1m€0.4m€0.3m€0.5m€2.8m▲ 466%
Amounts receivable after more than one year29------€1.0m-
Other amounts receivable291------€1.0m-
Amounts receivable within one year40/41--€0.02m€0.2m€0.09m€0.09m€0.04m▼ 51.1%
Trade receivables40--€0.001m€0.2m€0.09m€0.06m€0.04m▼ 23.7%
Other amounts receivable41--€0.02m--€0.03m€420▼ 98.7%
Current investments50/53--€0.01m-€0.1m€0.2m€1.5m▲ 646%
Cash at bank and in hand54/58€68€42€0.1m€0.2m€0.1m€0.2m€0.2m▲ 12.2%
Deferred charges and accrued income490/1----€0.001m€0.001m€0.001m▲ 24.3%
Equity and liabilities
Total equity and liabilities10/49€68€42€0.1m€0.4m€0.5m€0.8m€3.2m▲ 304%
Equity10/15-€169-€0.001m€0.1m€0.1m€0.3m€0.6m€3.1m▲ 425%
Contributions10/11€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m€0.02m▲ 10.4%
Reserves13---€0.1m€0.3m€0.6m€3.0m▲ 438%
Tax-exempt reserves132------€0.4m-
Distributable reserves133---€0.1m€0.3m€0.6m€2.7m▲ 374%
Profit (loss) carried forward14-€0.02m-€0.02m€0.09m-----
Amounts payable17/49€237€0.001m€0.04m€0.2m€0.1m€0.2m€0.1m▼ 30.5%
Amounts payable after more than one year17-----€0.1m€0.1m=
Financial debts170/4-----€0.1m€0.1m=
Amounts payable within one year42/48€237€0.001m€0.04m€0.2m€0.1m€0.1m€0.04m▼ 63.1%
Current portion of amounts payable after more than one year42-----€0.02m--
Trade debts44--€0.001m€0.003m€0.006m€0.004m€0.01m▲ 200%
Suppliers440/4--€0.001m€0.003m€0.006m€0.004m€0.01m▲ 200%
Advances received on contracts in progress46---€0.09m----
Taxes, remuneration and social security45--€0.04m€0.08m€0.05m€0.08m€0.03m▼ 65.9%
Taxes450/3--€0.04m€0.08m€0.05m€0.08m€0.03m▼ 65.9%
Other amounts payable47/48---€0.04m€0.08m€250€0.001m▲ 177%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€1,067-€1,131€105,853€116,544€209,691€260,844€107,061▼ 59.0%
+ Depreciation and write-downs630----€20,804€39,790€49,594▲ 24.6%
Operating cash flow (approximation)-€1,067-€1,131€105,853€116,544€230,495€300,634€156,655▼ 47.9%
Investment in fixed assets (approximation)------€198,313-€177,959▲ 10.3%
Change in cash--€26€112,022€82,287-€78,516€84,400€24,355▼ 71.1%

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

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 11-03-2026 2026-00056093 PDF
30-09-2024 micro format 04-03-2025 2025-00043178 PDF
30-09-2023 micro format 12-12-2023 2023-00527523 PDF
30-09-2022 micro format 31-03-2023 2023-00050704 PDF
30-09-2021 micro format 28-04-2022 2022-20014376 PDF
30-09-2020 micro format 30-04-2021 2021-12400259 PDF
30-09-2019 micro format 29-04-2020 2020-10600007 PDF
30-09-2018 micro format 30-04-2019 2019-12000224 PDF
30-09-2017 micro format 27-04-2018 2018-11400432 PDF
30-09-2016 abbreviated format 28-04-2017 2017-10500231 PDF

Show all 18 filings

Similar companies · same sector, comparable size

Of the 3,107 active companies whose main activity is other information service activities (NACE 63920), figures are known for 1,577. 303 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director

Board 1

Vanbussel Tom
Director · in the 2025 annual accounts, filed on 11-03-2026
Current

Statutory auditor 1

Filip Cobert Bedrijfsrevisor
Auditor · appointed in the act of 18-08-2025
Current

Mandate history

2 people, 2 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Vanbussel Tom
  • Director, since before 30-09-2025
Filip Cobert Bedrijfsrevisor
  • Auditor, appointed in the act of 18-08-2025, still in office
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 26-05-2025 ↗
  • Tom Vanbussel all shares
Capital over the years
  1. 18-08-2025 Capital increase of €2,369,093.54 · 756 new shares · in kind
  2. 26-05-2025 Capital stated in the deed · €17,600 · 186 shares

Other provisions of the articles of association

Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Other provision: “Integraal, kosten splitsingsverrichting”
Other provision: “Onderling en aan aandeelhouders op WVV-wijze, uitgewisselde elementen en gegevens”
1 more provision in the deed, see the deed of 26-05-2025

Articles of association, deed of 26-05-2025 (in Dutch)

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

2 board mandates
Board mandates of this companythis company sits on their board2
1 location
1 location

Acquisitions and mergers

1 transaction
Demerger with:STND
BE 0866.701.136partial demerger · Gazette deed of 18-08-2025 (4 acts) · effective 01-01-2025

History

ADwork was incorporated on 15 December 2006.1 In 2025 the capital was increased by €2.4m.2 The company has filed 18 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-08-2025
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
11-03
NBB filing Annual accounts filedPDF
financial year 2025 · micro format
2025
30-09
Financial Liquidity more than 15 timescurrent ratio 73.95
Current ratio from 4.82 to 73.95; short-term debt falls from €101,564 to €37,504.
30-09
Financial Equity above €2mequity €3.1m ▲425%
5 profitable years in a row build equity to €3.1m.
18-08
Gazette deed Capital & shares · Restructuring
Appointment: FILIP COBERT BEDRIJFSREVISOR BV (company auditor) · Auditor report · Share issue10 facts ▸
  • General meeting, 03-07-2025
  • General meeting, “goedkeuring verslag bestuursorgaan en verslag bedrijfsrevisor inzake inbreng in natura” (deed in Dutch)
  • Auditor appointment, FILIP COBERT BEDRIJFSREVISOR BV (company auditor)
  • Auditor report, “inbreng in natura”, EUR (deed in Dutch)
  • Share issue, 756, “vergoeding inbreng in natura” (deed in Dutch)
  • Demerger, “partiele splitsing door overname”, EUR (deed in Dutch)
  • Capital increase, €2,369,093.54
  • Amendment of the articles, 5
  • Board meeting, “opdracht en volmacht aan bestuursorgaan tot uitvoering van besluiten” (deed in Dutch)
  • Power of attorney, Christophe Cootjans

Open the act in the Belgian Official Gazette

26-05
Gazette deed Restructuring
Demerger · Kind of shares · Shareholding35 facts ▸
  • Demerger, 16-05-2025
  • Other provision, “bestuursorganen, alles in macht voor verwezenlijking onder voorwaarden” (deed in Dutch)
  • Other provision, “fiscaal kader voorgenomen verrichting, deel vermogen STND naar ADWORK” (deed in Dutch)
  • Other provision, “fiscale aftrekposten, geen per 2024-09-30” (deed in Dutch)
  • Other provision, “neutraal directe belastingen, zakelijke overwegingen en directe belastingen” (deed in Dutch)
  • Other provision, “vast recht, registratierechten” (deed in Dutch)
  • Other provision, “btw-neutraliteit, deposito's en schuldvorderingen;aandelen,deelnemingen,obligaties en andere waardepapieren” (deed in Dutch)
  • Other provision, “verkeersbelasting-neutraliteit, rollend materieel onderworpen aan verkeersbelasting en belasting op inverkeerstelling” (deed in Dutch)
  • Kind of shares, “op naam”, 100 (deed in Dutch)
  • Shareholding, “op heden”, 100 (deed in Dutch)
  • Board composition, Tom Vanbussel (sole director) (2 times)
  • Capital, €17,600
  • +23 further facts in this act

Open the act in the Belgian Official Gazette

04-03
NBB filing Annual accounts filedPDF
financial year 2024 · micro format
2024
30-09
Financial Highest result from 2019 to 2025net €260,844 ▲24.4%
Operating result €377,403, net result €260,844, both a record.
30-09
Financial Liquidity more than doubledcurrent ratio 4.82
Current ratio from 2.35 to 4.82; short-term debt falls from €131,153 to €101,564.
30-09
Financial Equity above €500,000equity €583,179 ▲80.9%
4 profitable years in a row build equity to €583,179.
2023
12-12
NBB filing Annual accounts filedPDF
financial year 2023 · micro format
30-09
Financial Equity above €200,000equity €322,335 ▲139%
3 profitable years in a row build equity to €322,335.
31-03
NBB filing Annual accounts filedPDF
financial year 2022 · micro format
Show earlier events
2022
28-04
NBB filing Annual accounts filedPDF
financial year 2021 · micro format
2021
30-09
Financial Back to profitnet €105,853
Net result €105,853 after 2 loss-making years.
30-09
Financial Liquidity more than 120 timescurrent ratio 3.75
Current ratio from 0.03 to 3.75.
30-09
Financial Equity above €100,000equity €104,554
Equity rises from -€1,300 to €104,554.
30-04
NBB filing Annual accounts filedPDF
financial year 2020 · micro format
2020
30-09
Financial Weakest financial yearnet -€1,131
Net result drops to -€1,131, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filedPDF
financial year 2019 · micro format
2019
30-04
NBB filing Annual accounts filedPDF
financial year 2018 · micro format
2018
27-04
NBB filing Annual accounts filedPDF
financial year 2017 · micro format
2017
28-04
NBB filing Annual accounts filedPDF
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

Register details

Who it is

KBO record
Name ADwork in Dutch
Enterprise number 0885.696.706
Legal form Private limited company
Status Active, normale toestand
Founded 15-12-2006
Type Legal entity

Where it is based

Registered office Catharinadreef 45, 2970 Schilde, Belgium
Establishments 1 establishment unit since 2006

What it does

NACEBEL 2025
63920 Other information service activities main activity
62200 Computer consultancy and computer facilities management
70200 Business and other management consultancy

Invoicing and payment

VAT number BE 0885.696.706
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0885696706
Also 9925:BE0885696706
Registered 30-08-2023

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

Register as of 31 October 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09

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

Purpose according to the articles of association

PurposeThe activities the company may carry out under its articles.
“Het op bestendige wijze instaan voor de zorg en de opvang van kinderen zoals het houden van activiteiten van crèche,onthaalmoeder en…”
106 activities
  1. Het op bestendige wijze instaan voor de zorg en de opvang van kinderen zoals het houden van activiteiten van crèche,onthaalmoeder en baby-sit,zowel ter plaatse als in het eigen pand,alsmede het verrichten van alle activiteiten en het aanbieden van alle dienstverleningen die daarmee verband houden.
  2. Organisatie van sportkampen en speelpleinen,alsmede het organiseren en geven van motivatiecursussen.
  3. De activiteiten van een agentschap voor fotomodellen,mannequins,hostessen en dergelijke,alsmede het verzorgen van feesten en allerlei organisaties.
  4. Het optreden als diskjockey op bijeenkomsten van diverse aard zowel in dancings,music-halls en(concert)zalen.
  5. Aankoop en verkoop,import en export van geluidstechnische toestellen zoals onder andere radio-en televisietoestellen,platenspelers,geluids-en beeldrecorders,versterkings-en hi-fi materiaal,toestellen voor intercommunicatie en benodigdheden voor deze geluidstechnische toestellen;huur en verhuur van zelfde.
  6. Advisering,verdeling,installatie van alle geluidstechnische toestellen.
  7. Tussenpersoon in de handel.
  8. Onderneming voor geluidsopname,synchronisatie,muzikale decors,montage en realisatie van magneetbanden.
  9. Tussenpersoon en handelaar in alle software projecten en ontwikkelingen.
  10. De organisatie van evenementen,zowel in binnen-als buitenland,meer bepaald de organisatie van salons,tentoonstellingen en(vak)beurzen,modeshows,congressen,seminaries enzovoort.
  11. Het ontwerpen,leveren en installeren van tentoonstellingsstands.
  12. Kleinhandel van beursmateriaal.
  13. De verhuur van roerende goederen,meer bepaald van beursmateriaal en van klank-en lichtmateriaal.
  14. Activiteiten die vallen onder het reclamewezen,meer bepaald het ontwerpen en voeren van reclame-en promotiecampagnes door derden via de verschillende media,het ontwerpen van publicitaire teksten,slogans en logo's;het ontwerpen van publicitaire films;het ontwerpen van publicitaire artikelen;het ontwerpen en maken van websites enzovoort en dit alles in de meest ruime betekenis.
  15. Verhuur van roerende goederen van allerlei aard,inclusief personenwagens,bestelwagens,vrachtwagens,bromfietsen,fietsen enzovoort en dit met of zonder chauffeur.
  16. De inrichting en uitbating,zowel voor eigen rekening als voor rekening van derden,van vergadering-en tentoonstellingsruimten.
  17. De inrichting en uitbating,zowel voor eigen rekening als voor rekening van derden,van een brasserie-taverne en restaurant.
  18. De inrichting en uitbating,zowel voor eigen rekening als voor rekening van derden,van een drankgelegenheid voor verbruik van wijn,alcoholische en andere dranken,en van een verbruikssalon met inbegrip van snackbar,broodjeszaak,koffie-en theesalon en cafetaria.
  19. De inrichting en uitbating,zowel voor eigen rekening als voor rekening van derden,van feestzalen.
  20. Het uitoefenen van activiteiten van restauratiehouder(traiteur),omvattende de verkoop van bereide schotels en het inrichten van banketten,evenals het bedelen van bereide schotels of spijzen,alsmede alle aanverwante uitbatingen.
  21. Healing op lichamelijk,geestelijk en spiritueel vlak.
  22. De metafysische begeleiding van personen via cursussen,gesprekstherapieën en vormingscycli.
  23. Optreden op metafysisch vlak als consulent en raadgever.
  24. Advisering en consultancy op het gebied van voeding,van preventie,van begeleiding en healing van personen.
  25. Alternatieve geneeskunde,onder meer accupunctuur,homeopathie,osteopathie en raiki.
  26. Verkoop van kruiden voor zowel menselijke als dierlijke consumptie.
  27. Aankoop en verkoop van documentatie,boeken en brochures op voormelde domeinen.
  28. Terbeschikkingstelling van lokalen,materieel en infrastructuur op voormelde domeinen.
  29. Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken
  30. Onderneming voor overige activiteiten van gespecialiseerde designers
  31. Onderneming voor het organiseren van evenementen
  32. Onderneming voor de organisatie van congressen en beurzen
  33. Onderneming voor de organisatie van sportevenementen
  34. Onderneming voor de organisatie van festivals
  35. Onderneming voor de organisatie van teambuildings
  36. Onderneming voor de organisatie van kunstevenementen
  37. Party planner
  38. Onderneming voor de organisatie van modeshows
  39. Onderneming voor de installatie van elektrische reclamepanelen
  40. Onderneming voor de installatie van niet-elektrische reclamepanelen
  41. Onderneming voor de exploitatie van drank-en eetgelegenheiden,café,taverne,restaurant,snack-bar,catering,koffiehuis,tea-room,loungebar,horeca-faciliteiten
  42. Interieurconsulent
  43. Interieurwinkel
  44. Algemene bouw van andere niet-residentiële gebouwen
  45. Bouw van bruggen en tunnels
  46. Elektrotechnische installatiewerken aan gebouwen
  47. Elektrotechnische installatiewerken,uitgezonderd aan gebouwen
  48. Loodgieterswerk
  49. Installatie van verwarming,klimaatregeling en ventilatie
  50. Schrijnwerk
  51. Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
  52. Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
  53. Schilderen van gebouwen
  54. Dakwerkzaamheden
  55. Waterdichtingswerken van muren
  56. Restaureren van bouwwerken
  57. Diensten in verband met beveiligingssystemen
  58. Overige reiniging van gebouwen;industriële reiniging
  59. Reparatie en onderhoud van verwarmingsinstallaties
  60. Reparatie en onderhoud van verwarmingsinstallaties
  61. Onderneming voor de installatie van hulpvoedingssystemen(generatoraggregaten)
  62. Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken
  63. Projectontwikkeling voor de bouw van appartementsgebouwen
  64. Optrekken van de ruwbouw van individuele huizen
  65. Optrekken van de ruwbouw van gebouwen met celstructuur(appartementsgebouwen,enz.)
  66. Optrekken van de ruwbouw van gebouwen
  67. Algemene coördinatiewerkzaamheden bouwwerf
  68. Aanleg van leidingen voor het vervoer en distributie van elektrische energie
  69. Bouw van bezinkbekkens en andere constructies ten behoeve van de waterzuivering
  70. Grondverzet:graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
  71. Geschikt maken van terreinen voor mijnbouw:verwijderen van deklagen en overige werkzaamheden in verband met de ontsluiting van delfstoffen en de voorbereiding van de ontginning
  72. Verlaging van het grondwaterpeil en drainage van bouwterreinen
  73. Drainage van land-en bosbouwgrond
  74. Onderneming voor de installatie van elektrische bedrading en toebehoren
  75. Onderneming voor de installatie van de bedrading voor telefooninstallaties en computersystemen
  76. Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal
  77. Onderneming voor de installatie van elektrische verwarmingsinstallaties
  78. Onderneming voor de installatie van liften en roltrappen
  79. Montage van buiten-en binnenschrijnwerk van hout of van kunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
  80. Montage van buiten-en binnenschrijnwerk in metaal:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
  81. Aanbrengen in gebouwen en andere bouw van:vloer-of wandtegels van keramische stoffen,beton of gehouwen steen,vloerbedekking en wandbekleding van terrazzo marmer,graniet of lei,enz
  82. Plaatsen in gebouwen en andere bouwwerken van:parket en andere houten vloerbedekking,wandbekleding van hout
  83. Schilderen van het binnen-en buitenwerk van gebouwen
  84. Reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden
  85. Overige werkzaamheden in verband met de afwerking van gebouwen,n.e.g
  86. Bouw van daken
  87. Plaatsen van dakbedekking van ongeacht welk materiaal
  88. Plaatsen van dakgoten en regenafvoerbuizen
  89. Onderneming voor het bouwen van open haarden,stookplaatsen,sierschouwen,enz.
  90. Onderneming voor het bouwen van funderingen,inclusief heien
  91. Onderneming voor het bouwen van schoorstenen en industriële ovens
  92. Onderneming voor het monteren van niet-zelfvervaardigde metalen constructiewerken
  93. Onderneming voor het bouwen van koelkamers,kluizen,enz.
  94. Verlenen van bouwkundige adviezen aan de bouwheer
  95. Leiden van belangrijke herstellingswerkzaamheden aan gebouwen
  96. Drankenhandel
  97. Verhuur van auto's met of zonder chauffeur
  98. Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering.
  99. Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard in de meest ruimste zin.Bijstand en diensten verlenen,rechtstreeks of onrechtstreeks,op het vlak van administratie,financiën,verkoop,productie en algemeen bestuur.
  100. Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen;in de meest ruime betekenis.
  101. Het optreden als tussenpersoon in de gehele of gedeeltelijke overdrachten van handelszaken,ondernemingen,portefeuilles,concessies,octrooien en zakelijke rechten.
  102. Het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen.
  103. Het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
  104. Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,know-how en aanverwante immateriële duurzame activa.
  105. Alle verrichtingen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar doel verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen.
  106. Het organiseren,inrichten,geven en dirigeren van seminaries,opleidingen,lezingen,verkoop-en promotiedagen of andere evenementen.

The full purpose is in the deed

Articles of association, deed of 26-05-2025 (in Dutch)

Recognitions · licences · registrations

Legal Entity Identifier

254900HAUIRG6KOMEN94
live in the LEI register

Environmental permits: No permit applications found in Flanders.

Sites & property

Registered office and establishments
registered office establishment The establishment unit on the map
5 companies at this address See who is registered here
1 establishment unit
Adwork
Catharinadreef 45, 2970 SchildePublic relations and communication consultancy
since 2006unit no. 2.188.682.165

Buildings and parcels at the address

Ground area
408 m²
Building footprint
441 m²
Building volume
1,812 m³
Parcel 11039A0185/00N025, Flanders · tallest building 13.9 m.
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11039A0185/00N025 Flanders 408 m² 1 · 440 m² 13.8 m · 1