ACTIVE

ADAMAS BELGIE

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Financial year 2025 · Closed on 31/12/2025

Net result189,2 k €-13,2 %over 1 year

Revenue5,3 M €-3,1 %over 1 year

Equity2,3 M €+4,1 %over 1 year

Workforce16,4 ETP-4,1 %over 1 year

Identity

Source · BCE/KBO

ADAMAS BELGIE is a Public limited company incorporated in 1978. Its registered office is in Herentals. It employs on average 16,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.810.762
Incorporation: 15/11/1978
Legal form: Public limited company
Registered office: Toekomstlaan(HRT) 9
2200 Herentals · FlandreSee on map
Contributed capital: 403 800,04 €
Latest accounts: 31/12/2025
Average workforce: 16,4 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	5,3 M €	-3.1%	5,4 M €	+3.3%	5,3 M €	-6.1%	5,6 M €	-9.0%	6,1 M €
EBITDA	497 k €	+20.9%	411,1 k €	-24.6%	545,3 k €	+7.5%	507,3 k €	-23.2%	660,4 k €
Operating result	271,8 k €	-14.4%	317,4 k €	-16.0%	377,8 k €	+20.4%	313,8 k €	-10.5%	350,8 k €
Net result	189,2 k €	-13.2%	218,1 k €	-18.1%	266,3 k €	+22.8%	216,9 k €	-14.1%	252,4 k €
Balance sheet
Equity	2,3 M €	+4.1%	2,2 M €	+5.7%	2,1 M €	+8.7%	1,9 M €	+6.5%	1,8 M €
Total assets	3 M €	-5.6%	3,1 M €	-14.1%	3,7 M €	+3.3%	3,5 M €	+2.0%	3,5 M €
Cash	263,9 k €	-3.6%	273,8 k €	+17.9%	232,2 k €	+124%	103,7 k €	-40.5%	174,4 k €
Debts	691,8 k €	-27.7%	957,2 k €	-38.8%	1,6 M €	-4.0%	1,6 M €	-2.6%	1,7 M €
Other
Workforce	16,4 ETP	-4.1%	17,1 ETP	-9.5%	18,9 ETP	+6.2%	17,8 ETP	+23.6%	14,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 36 ended

Active mandates

COMMANDEUR MAASLAND BV BV

Director · since 10 juillet 2025 · until 02 juin 2031

Represented by VAN MIERLO W.J.M.

Active

JUPINO BV

Director · since 10 juillet 2025 · until 02 juin 2031

Represented by L.C.T. Vis

Active

Ended mandates

Commandeur Maasland BV

Director · since 03 juin 2019 · until 13 juin 2022 · 2427133300

Represented by W J M van Mierlo

Ended

Commandeur Maasland BV

Director · since 03 juin 2019 · until 09 juin 2025 · 2427133300

Represented by W.J.M. Van Mierlo

Ended

Commandeur Maasland BV

Director · since 03 juin 2019 · until 09 juin 2025

Represented by W.J.M. Van Mierlo

Ended

Commandeur Maasland BV

Director · since 03 juin 2019 · until 10 juillet 2025

Represented by Van MIERLO W.J.M.

Ended

Other companies at this address

Toekomstlaan(HRT) 9 2200 Herentals

Company	CBE no.
PK4FUN● Active	0786.800.454

Full financial information

Source · NBB

	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	18/07/2026	31/07/2025	26/09/2024	31/07/2023	30/08/2022	13/07/2021
General meeting	05/06/2026	10/07/2025	28/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/06/2026	18/07/2026	Dutch	PDF
Full model	31/12/2024	10/07/2025	31/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	26/09/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	30/08/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	13/07/2021	Dutch	PDF
Full model	31/12/2019	08/06/2020	09/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	07/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	11/06/2018	Dutch	PDF
Full model	31/12/2016	12/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	06/06/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	11/07/2014	Dutch	PDF
Full model	31/12/2012	03/06/2013	11/07/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	07/08/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	07/06/2010	15/07/2010	Dutch	PDF
Full model	31/12/2008	08/06/2009	07/07/2009	Dutch	PDF
Full model	31/12/2007	02/06/2008	08/07/2008	Dutch	PDF
Full model	31/12/2006	04/06/2007	03/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 36 ended

Active mandates

COMMANDEUR MAASLAND BV BV

Director · since 10 juillet 2025 · until 02 juin 2031

Represented by VAN MIERLO W.J.M.

Active

JUPINO BV

Director · since 10 juillet 2025 · until 02 juin 2031

Represented by L.C.T. Vis

Active

Ended mandates

Commandeur Maasland BV

Director · since 03 juin 2019 · until 13 juin 2022 · 2427133300

Represented by W J M van Mierlo

Ended

Commandeur Maasland BV

Director · since 03 juin 2019 · until 09 juin 2025 · 2427133300

Represented by W.J.M. Van Mierlo

Ended

Commandeur Maasland BV

Director · since 03 juin 2019 · until 09 juin 2025

Represented by W.J.M. Van Mierlo

Ended

Commandeur Maasland BV

Director · since 03 juin 2019 · until 10 juillet 2025

Represented by Van MIERLO W.J.M.

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2013
ONTSLAGEN - BENOEMINGEN
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

2025
Annual accounts 2025189,2 k €↓
2024
Annual accounts 2024218,1 k €↓
2023
Annual accounts 2023266,3 k €↑
2022
Annual accounts 2022216,9 k €↓
2021
Annual accounts 2021252,4 k €↓
2020
Annual accounts 2020310,3 k €↑
2019
Annual accounts 2019304 k €↑
2018
Annual accounts 2018257,3 k €↑
2017
Annual accounts 2017218,7 k €↑
2016
Annual accounts 201698 k €↑
2015
Annual accounts 201510,2 k €↑
2014
Annual accounts 2014-83,1 k €↓
2013
Annual accounts 2013-44,7 k €↑
2012
Annual accounts 2012-293,2 k €↓
2011
Annual accounts 201131,1 k €↑
2010
Annual accounts 2010-122,7 k €↑
2009
Annual accounts 2009-166,9 k €↓
2008
Annual accounts 2008114,7 k €
15/11/1978
IncorporationPublic limited company

ADAMAS BELGIE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline