Advanced Developments in Electronics and Software
0427.150.683 · rovalta.com · 21/09/2026
ACTIVE
Advanced Developments in Electronics and Software
Financial year 2025 · closed on 31/12/2025
Net result
17,1 k €
+381.3% YoY
Revenue
46,6 k €
+65.3% YoY
Equity
97,7 k €
+21.2% YoY
Overview
What does Advanced Developments in Electronics and Software do?
Advanced Developments in Electronics and Software is a Public limited company incorporated in 1985. Its main activity is: Computer programming activities. Its registered office is in Chaudfontaine.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0427.150.683
Incorporation
15/04/1985
Legal form
Public limited company
Registered office
Rue des Muguets 51
4052 Chaudfontaine · WallonieSee on map
4052 Chaudfontaine · WallonieSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
62010Computer programming activities· main62100Computer programming, consultancy and related activities72220Research and experimental development on social sciences and humanities46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment47400Retail sale of information and communication equipment in specialised stores+6
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Revenue | 46,6 k € | +65.3% | 28,2 k € | +39.3% | 20,2 k € | -66.7% | 60,8 k € | -43.5% | 107,6 k € | +35.6% | 79,3 k € | -55.2% | 177,2 k € | +21.7% | 145,5 k € | -10.3% | 162,2 k € | +47.2% | 110,3 k € | -26.8% | 150,7 k € | -28.0% | 209,4 k € | +16.7% | 179,4 k € | -22.1% | 230,2 k € | +23.7% | 186,1 k € | +24.0% | 150,1 k € | -12.6% | 171,6 k € | -26.6% | 233,7 k € | +53.7% | 152,1 k € | -9.7% | 168,5 k € |
| EBITDA | 16,7 k € | +360% | 3,6 k € | +5.6% | 3,4 k € | -88.3% | 29,5 k € | -57.6% | 69,5 k € | +2442% | -3 k € | +68.5% | -9,4 k € | +63.9% | -26,1 k € | -1882% | 1,5 k € | -28.9% | 2,1 k € | +118% | -11,8 k € | -160% | 19,7 k € | -10.3% | 22 k € | +522% | -5,2 k € | -155% | 9,5 k € | +107% | 4,6 k € | +0.2% | 4,6 k € | -59.3% | 11,3 k € | +220% | 3,5 k € | +438% | 657 € |
| Operating result | 16,7 k € | +360% | 3,6 k € | +5.6% | 3,4 k € | -84.3% | 22 k € | -66.9% | 66,4 k € | +1183% | -6,1 k € | +48.1% | -11,8 k € | +60.6% | -30 k € | -1556% | -1,8 k € | -404% | 596 € | +103% | -18,2 k € | -536% | 4,2 k € | -28.5% | 5,9 k € | +152% | -11,2 k € | -508% | 2,7 k € | -0.7% | 2,7 k € | +57.4% | 1,7 k € | -80.4% | 8,9 k € | +699% | 1,1 k € | +121% | -5,3 k € |
| Net result | 17,1 k € | +381% | 3,5 k € | +157% | -6,2 k € | -134% | 18,1 k € | -45.6% | 33,3 k € | +972% | -3,8 k € | +63.1% | -10,3 k € | -45057% | 23 € | +101% | -1,9 k € | -5556% | 34 € | +100% | -21,7 k € | -541% | 4,9 k € | +41.5% | 3,5 k € | +410% | -1,1 k € | -834% | -120 € | -157% | 211 € | +2010% | 10 € | -99.5% | 2,1 k € | +0.5% | 2,1 k € | +123% | -9,2 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 97,7 k € | +21.2% | 80,7 k € | +4.6% | 77,1 k € | -7.4% | 83,3 k € | +27.7% | 65,2 k € | +104% | 32 k € | -10.7% | 35,8 k € | -22.4% | 46,1 k € | +0.0% | 46,1 k € | -3.9% | 47,9 k € | +0.1% | 47,9 k € | -31.2% | 69,6 k € | +7.6% | 64,7 k € | +5.7% | 61,2 k € | -1.8% | 62,3 k € | -0.2% | 62,4 k € | +0.3% | 62,2 k € | +0.0% | 62,2 k € | +3.6% | 60,1 k € | +3.7% | 57,9 k € |
| Total assets | 120,2 k € | +19.4% | 100,6 k € | +3.0% | 97,7 k € | -5.8% | 103,7 k € | +12.3% | 92,3 k € | -56.0% | 209,9 k € | -9.0% | 230,7 k € | -8.6% | 252,5 k € | +22.6% | 206 k € | +8.0% | 190,8 k € | +16.6% | 163,6 k € | -19.2% | 202,5 k € | +3.5% | 195,7 k € | +13.0% | 173,2 k € | -14.2% | 201,9 k € | +0.7% | 200,5 k € | +25.1% | 160,3 k € | -36.8% | 253,5 k € | +6.2% | 238,8 k € | +10.8% | 215,6 k € |
| Cash | 41 k € | +79.9% | 22,8 k € | +3.4% | 22,1 k € | -75.4% | 89,7 k € | +11.9% | 80,2 k € | +15.0% | 69,7 k € | +196% | 23,6 k € | -25.5% | 31,7 k € | +90.7% | 16,6 k € | -27.8% | 23 k € | +32.2% | 17,4 k € | -74.1% | 67,2 k € | +197% | 22,7 k € | -47.0% | 42,8 k € | +86.5% | 22,9 k € | -50.0% | 45,9 k € | +295% | 11,6 k € | +23.0% | 9,4 k € | -59.3% | 23,2 k € | +10681% | 215 € |
| Debts | 22,5 k € | +29.1% | 17,4 k € | -4.5% | 18,2 k € | +21.2% | 15 k € | +0.6% | 14,9 k € | -90.9% | 164,5 k € | -10.1% | 183 k € | -5.9% | 194,5 k € | +31.4% | 148 k € | +17.4% | 126 k € | +22.5% | 102,9 k € | -15.0% | 121 k € | -7.7% | 131,1 k € | +17.5% | 111,5 k € | -20.1% | 139,6 k € | +1.2% | 138 k € | +40.7% | 98,1 k € | -48.7% | 191,3 k € | +7.0% | 178,7 k € | +13.5% | 157,5 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 2,0 ETP | 0.0% | 2,0 ETP | -9.1% | 2,2 ETP | -4.3% | 2,3 ETP | +15.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | 0.0% | 2,0 ETP | -35.5% | 3,1 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 100 k€ and 250 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 7 ended
Active mandates
Jean-Marie Gillis
ActivePatricia Ringoet
ActiveEnded mandates
Jean-Marie Gillis
EndedJean-Marie Gillis
EndedPatricia Ringoet
EndedPatricia Ringoet
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 08/04/2026 | 27/05/2025 | 18/06/2024 | 16/05/2023 | 09/06/2022 | 22/11/2021 |
| General meeting | 15/03/2026 | 15/03/2025 | 15/03/2024 | 15/03/2023 | 15/03/2022 | 15/03/2021 |
| 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
22 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 15/03/2026 | 08/04/2026 | French | |
| Micro model | 31/12/2024 | 15/03/2025 | 27/05/2025 | French | |
| Micro model | 31/12/2023 | 15/03/2024 | 18/06/2024 | French | |
| Micro model | 31/12/2022 | 15/03/2023 | 16/05/2023 | French | |
| Micro model | 31/12/2021 | 15/03/2022 | 09/06/2022 | French | |
| Micro modelCorrection | 31/12/2020 | 15/03/2021 | 22/11/2021 | French | |
| Micro model | 31/12/2020 | 15/03/2021 | 13/05/2021 | French | |
| Micro model | 31/12/2019 | 15/03/2020 | 25/09/2020 | French | |
| Micro model | 31/12/2018 | 15/03/2019 | 18/05/2019 | French | |
| Micro modelCorrection | 31/12/2017 | 15/03/2018 | 26/06/2018 | French | |
| Micro model | 31/12/2017 | 15/03/2018 | 27/03/2018 | French | |
| Micro model | 31/12/2016 | 15/03/2017 | 06/08/2017 | French | |
| Abridged model | 31/12/2015 | 15/03/2016 | 01/08/2016 | French | |
| Abridged model | 31/12/2014 | 15/03/2015 | 02/09/2015 | French | |
| Abridged model | 31/12/2013 | 15/03/2014 | 01/06/2014 | French | |
| Abridged model | 31/12/2012 | 15/03/2013 | 12/05/2013 | French | |
| Abridged model | 31/12/2011 | 15/03/2012 | 07/06/2012 | French | |
| Abridged model | 31/12/2010 | 15/03/2011 | 21/09/2011 | French | |
| Abridged model | 31/12/2009 | 15/03/2010 | 13/09/2010 | French | |
| Abridged model | 31/12/2008 | 15/03/2009 | 09/09/2009 | French | |
| Abridged model | 31/12/2007 | 15/03/2008 | 26/09/2008 | French | |
| Abridged model | 31/12/2006 | 15/03/2007 | 15/10/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 100 k€ and 250 k€
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 · 2 active · 7 ended
Active mandates
Jean-Marie Gillis
ActivePatricia Ringoet
ActiveEnded mandates
Jean-Marie Gillis
EndedJean-Marie Gillis
EndedPatricia Ringoet
EndedPatricia Ringoet
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
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 202517,1 k €↑
- 2024Annual accounts 20243,5 k €↑
- 2023Annual accounts 2023-6,2 k €↓
- 2022Annual accounts 202218,1 k €↓
- 2021Annual accounts 202133,3 k €↑
- 2020Annual accounts 2020-3,8 k €↑
- 2019Annual accounts 2019-10,3 k €↓
- 2018Annual accounts 201823 €↑
- 2017Annual accounts 2017-1,9 k €↓
- 2016Annual accounts 201634 €↑
- 2015Annual accounts 2015-21,7 k €↓
- 2014Annual accounts 20144,9 k €↑
- 2013Annual accounts 20133,5 k €↑
- 2012Annual accounts 2012-1,1 k €↓
- 2011Annual accounts 2011-120 €↓
- 2010Annual accounts 2010211 €↑
- 2009Annual accounts 200910 €↓
- 2008Annual accounts 20082,1 k €↑
- 2007Annual accounts 20072,1 k €↑
- 2006Annual accounts 2006-9,2 k €
- 15/04/1985IncorporationPublic limited company