ADD
0406.080.305 · rovalta.com · 22/09/2026
ACTIVE
ADD
Financial year 2025 · closed on 31/12/2025
Net result
4,2 M €
-1.6% YoY
Revenue
25,5 M €
+9.4% YoY
Equity
4,1 M €
+0.6% YoY
Workforce
127,2 ETP
+10.7% YoY
Overview
What does ADD do?
ADD is a Public limited company incorporated in 1969. Its registered office is in Leuven. It employs on average 127,2 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0406.080.305
Incorporation
01/01/1969
Legal form
Public limited company
Registered office
Geldenaaksebaan 470
3001 Leuven · FlandreSee on map
3001 Leuven · FlandreSee on map
Contributed capital
2 750 000,00 €
Latest accounts
31/12/2025
Average workforce
127,2 ETP
Joint committees (2)
- 306
- 307
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 25,5 M € | +9.4% | 23,3 M € | +12.1% | 20,8 M € | +11.4% | 18,7 M € | +4.7% | 17,8 M € | -2.9% | 18,4 M € | +7.1% | 17,2 M € | +1.0% | 17 M € | +2.4% | 16,6 M € | +8.0% | 15,3 M € | +1.9% | 15,1 M € | +0.3% | 15 M € | +3.2% | 14,6 M € | -2.7% | 14,9 M € | +8.4% | 13,8 M € | -3.8% | 14,3 M € | +3.2% | 13,9 M € | +5.5% | 13,2 M € |
| EBITDA | 6,4 M € | +12.0% | 5,7 M € | +3.2% | 5,5 M € | +16.8% | 4,7 M € | -2.2% | 4,9 M € | +11.4% | 4,4 M € | +57.5% | 2,8 M € | +17.5% | 2,4 M € | +88.8% | 1,2 M € | +12.3% | 1,1 M € | -48.2% | 2,1 M € | +1.4% | 2,1 M € | +25.4% | 1,7 M € | -40.3% | 2,8 M € | +62.2% | 1,7 M € | -17.4% | 2,1 M € | +13.4% | 1,9 M € | +16.5% | 1,6 M € |
| Operating result | 5,4 M € | +1.6% | 5,3 M € | +3.5% | 5,1 M € | +10.3% | 4,7 M € | -3.1% | 4,8 M € | +18.3% | 4,1 M € | +65.2% | 2,5 M € | +24.9% | 2 M € | +96.3% | 1 M € | +32.2% | 758,5 k € | -59.6% | 1,9 M € | +2.0% | 1,8 M € | +28.5% | 1,4 M € | -46.7% | 2,7 M € | +68.4% | 1,6 M € | -14.7% | 1,9 M € | +9.8% | 1,7 M € | +124% | 759,3 k € |
| Net result | 4,2 M € | -1.6% | 4,3 M € | -4.0% | 4,4 M € | +76.1% | 2,5 M € | -33.9% | 3,8 M € | -16.2% | 4,6 M € | +59.7% | 2,9 M € | -7.6% | 3,1 M € | +63.3% | 1,9 M € | +86.5% | 1 M € | -41.1% | 1,7 M € | +5.9% | 1,6 M € | +14.4% | 1,4 M € | -43.7% | 2,5 M € | +18.6% | 2,1 M € | -15.2% | 2,5 M € | -7.9% | 2,7 M € | +32.0% | 2,1 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 4,1 M € | +0.6% | 4,1 M € | +0.4% | 4,1 M € | +3.1% | 3,9 M € | -3.0% | 4,1 M € | -3.8% | 4,2 M € | +6.4% | 4 M € | -2.5% | 4,1 M € | +1.4% | 4 M € | -0.3% | 4 M € | +0.3% | 4 M € | +0.5% | 4 M € | +0.6% | 4 M € | +0.5% | 4 M € | +0.5% | 3,9 M € | -37.9% | 6,3 M € | +1.7% | 6,2 M € | +0.3% | 6,2 M € |
| Total assets | 37,8 M € | +11.6% | 33,9 M € | +19.4% | 28,4 M € | +29.4% | 21,9 M € | -6.3% | 23,4 M € | -12.9% | 26,9 M € | +9.2% | 24,6 M € | -6.6% | 26,4 M € | +5.3% | 25 M € | +1.2% | 24,7 M € | +10.5% | 22,4 M € | +6.7% | 20,9 M € | +4.4% | 20,1 M € | -10.3% | 22,4 M € | -5.6% | 23,7 M € | -10.6% | 26,5 M € | -5.4% | 28 M € | +4.8% | 26,8 M € |
| Cash | 9 M € | -23.9% | 11,8 M € | -17.3% | 14,2 M € | +50.5% | 9,5 M € | +97.8% | 4,8 M € | -37.5% | 7,7 M € | +93.0% | 4 M € | -28.8% | 5,6 M € | +0.5% | 5,5 M € | +0.8% | 5,5 M € | +96.1% | 2,8 M € | +4.1% | 2,7 M € | -39.4% | 4,4 M € | +0.3% | 4,4 M € | +86.9% | 2,4 M € | -47.4% | 4,5 M € | -36.0% | 7 M € | +18.4% | 5,9 M € |
| Debts | 31,1 M € | +13.2% | 27,4 M € | +14.9% | 23,9 M € | +36.8% | 17,5 M € | -6.1% | 18,6 M € | -14.7% | 21,8 M € | +8.8% | 20 M € | -8.6% | 21,9 M € | +7.1% | 20,4 M € | +1.0% | 20,2 M € | +12.6% | 18 M € | +9.2% | 16,5 M € | +5.5% | 15,6 M € | -12.4% | 17,8 M € | -6.5% | 19 M € | +0.1% | 19 M € | -6.3% | 20,3 M € | +6.5% | 19,1 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 127,2 ETP | +10.7% | 114,9 ETP | +4.3% | 110,2 ETP | +0.2% | 110,0 ETP | -1.8% | 112,0 ETP | -1.5% | 113,7 ETP | +20.8% | 94,1 ETP | +2.2% | 92,1 ETP | -2.5% | 94,5 ETP | +7.0% | 88,3 ETP | -11.3% | 99,6 ETP | +2.3% | 97,4 ETP | -0.2% | 97,6 ETP | +1.5% | 96,2 ETP | -3.7% | 99,9 ETP | -3.7% | 103,7 ETP | -5.9% | 110,2 ETP | -1.6% | 112,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 91 ended
Active mandates
Nele Vandaele
ActiveJohan Maertens
ActiveDirk Ector
ActiveJan Van Hove
ActiveAnnelies Van Bauwel
ActiveCatherina Orlent
ActiveGustaaf Sap
ActiveKristo Van Holsbeek
ActivePhilippe Rommel
ActiveWim Merckx
ActiveEnded mandates
Johan Maertens
EndedDirk Ector
EndedDIRK ECTOR
EndedJan Van Hove
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 21/05/2026 | 19/05/2025 | 08/05/2024 | 16/06/2023 | 15/12/2022 | 29/06/2021 |
| General meeting | 29/04/2026 | 30/04/2025 | 24/04/2024 | 26/04/2023 | 30/03/2022 | 31/03/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
23 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 29/04/2026 | 21/05/2026 | Dutch | |
| Full model | 31/12/2024 | 30/04/2025 | 19/05/2025 | Dutch | |
| Full model | 31/12/2023 | 24/04/2024 | 08/05/2024 | Dutch | |
| Full model | 31/12/2022 | 26/04/2023 | 16/06/2023 | Dutch | |
| Full modelCorrection | 31/12/2021 | 30/03/2022 | 15/12/2022 | Dutch | |
| Full model | 31/12/2021 | 30/03/2022 | 09/05/2022 | Dutch | |
| Full model | 31/12/2020 | 31/03/2021 | 29/06/2021 | Dutch | |
| Full modelCorrection | 31/12/2019 | 25/03/2020 | 09/09/2020 | Dutch | |
| Full model | 31/12/2019 | 25/03/2020 | 24/04/2020 | Dutch | |
| Full model | 31/12/2018 | 27/03/2019 | 24/04/2019 | Dutch | |
| Full model | 31/12/2017 | 28/03/2018 | 20/04/2018 | Dutch | |
| Full modelCorrection | 31/12/2016 | 29/03/2017 | 14/02/2018 | Dutch | |
| Full model | 31/12/2016 | 29/03/2017 | 28/04/2017 | Dutch | |
| Full model | 31/12/2015 | 30/03/2016 | 26/04/2016 | Dutch | |
| Full model | 31/12/2014 | 25/03/2015 | 22/04/2015 | Dutch | |
| Full model | 31/12/2013 | 26/03/2014 | 17/04/2014 | Dutch | |
| Full model | 31/12/2012 | 27/03/2013 | 12/04/2013 | Dutch | |
| Full model | 31/12/2011 | 30/03/2012 | 18/04/2012 | Dutch | |
| Full model | 31/12/2010 | 30/03/2011 | 13/04/2011 | Dutch | |
| Full model | 31/12/2009 | 24/03/2010 | 23/04/2010 | Dutch | |
| Full model | 31/12/2008 | 25/03/2009 | 21/04/2009 | Dutch | |
| Full model | 31/12/2007 | 26/03/2008 | 15/04/2008 | Dutch | |
| Full model | 31/12/2006 | 28/03/2007 | 30/03/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 10 active · 91 ended
Active mandates
Nele Vandaele
ActiveJohan Maertens
ActiveDirk Ector
ActiveJan Van Hove
ActiveAnnelies Van Bauwel
ActiveCatherina Orlent
ActiveGustaaf Sap
ActiveKristo Van Holsbeek
ActivePhilippe Rommel
ActiveWim Merckx
ActiveEnded mandates
Johan Maertens
EndedDirk Ector
EndedDIRK ECTOR
EndedJan Van Hove
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates11/03/2026ONTSLAGEN - BENOEMINGEN
- Mandates30/10/2025ONTSLAGEN - BENOEMINGEN
- Mandates30/06/2025ONTSLAGEN - BENOEMINGEN
- Restructuring24/04/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Restructuring04/02/2025RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
- Registered office04/06/2024MAATSCHAPPELIJKE ZETEL
- Mandates15/03/2024ONTSLAGEN - BENOEMINGEN
- Other23/10/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20254,2 M €↓
- 2024Annual accounts 20244,3 M €↓
- 2023Annual accounts 20234,4 M €↑
- 2022Annual accounts 20222,5 M €↓
- 2021Annual accounts 20213,8 M €↓
- 2019Annual accounts 20194,6 M €↑
- 2018Annual accounts 20182,9 M €↓
- 2017Annual accounts 20173,1 M €↑
- 2016Annual accounts 20161,9 M €↑
- 2015Annual accounts 20151 M €↓
- 2014Annual accounts 20141,7 M €↑
- 2013Annual accounts 20131,6 M €↑
- 2012Annual accounts 20121,4 M €↓
- 2011Annual accounts 20112,5 M €↑
- 2010Annual accounts 20102,1 M €↓
- 2009Annual accounts 20092,5 M €↓
- 2008Annual accounts 20082,7 M €↑
- 2007Annual accounts 20072,1 M €
- 01/01/1969IncorporationPublic limited company