ads group
0427.360.818 · rovalta.com · 23/09/2026
ACTIVE
ads group
Financial year 2025 · closed on 31/12/2025
Net result
11,3 k €
+180.8% YoY
Revenue
32,9 M €
-38.4% YoY
Equity
1,8 M €
-22.8% YoY
Workforce
10,1 ETP
-7.3% YoY
Overview
What does ads group do?
ads group is a Public limited company incorporated in 1985. Its registered office is in Anderlecht. It employs on average 10,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0427.360.818
Incorporation
20/05/1985
Legal form
Public limited company
Registered office
Drève Soetkin 59 box 1
1070 Anderlecht · BruxellesSee on map
1070 Anderlecht · BruxellesSee on map
Contributed capital
101 250,00 €
Latest accounts
31/12/2025
Average workforce
10,1 ETP
Joint committees (3)
- 119
- 200
- 218
Contacts
4 public details availableLog in to view
Signals
ProfitableGood liquidityPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 32,9 M € | -38.4% | 53,4 M € | +39.4% | 38,3 M € | -10.7% | 42,9 M € | +78.3% | 24,1 M € | -3.7% | 25 M € | -39.6% | 41,3 M € | +34.1% | 30,8 M € | +3.9% | 29,7 M € | -7.3% | 32 M € | +6.1% | 30,2 M € | +2.7% | 29,3 M € | -0.4% | 29,5 M € | +0.6% | 29,3 M € | +12.3% | 26,1 M € | -1.9% | 26,6 M € | -9.8% | 29,5 M € | -11.2% | 33,2 M € | +8.0% | 30,7 M € |
| EBITDA | 169,4 k € | -63.6% | 465,7 k € | -29.2% | 657,3 k € | -23.2% | 855,4 k € | +202% | 283,3 k € | +601% | -56,5 k € | +12.4% | -64,6 k € | -140% | 161,8 k € | -52.5% | 340,5 k € | -20.9% | 430,5 k € | -15.3% | 508,5 k € | +28.6% | 395,4 k € | -9.9% | 438,8 k € | -2.4% | 449,6 k € | +9.4% | 410,8 k € | +84.0% | 223,2 k € | -65.0% | 637,5 k € | -1.4% | 646,6 k € | +107% | 312,3 k € |
| Operating result | 220,4 k € | -47.0% | 415,6 k € | -28.0% | 577,4 k € | -8.1% | 628,6 k € | +154% | 247,4 k € | +255% | -159,6 k € | -382% | -33,1 k € | -135% | 94,3 k € | -60.2% | 237,1 k € | -27.0% | 324,9 k € | -10.5% | 363,1 k € | +19.4% | 304 k € | -23.7% | 398,4 k € | +25.5% | 317,5 k € | +29.2% | 245,7 k € | -6.1% | 261,8 k € | -43.3% | 462,1 k € | -3.0% | 476,6 k € | +136% | 201,8 k € |
| Net result | 11,3 k € | +181% | 4 k € | -98.7% | 300,9 k € | -22.5% | 388,2 k € | +173% | 142 k € | +156% | -253,2 k € | -60.0% | -158,3 k € | -1007% | -14,3 k € | -116% | 87,8 k € | -49.1% | 172,6 k € | -15.6% | 204,5 k € | +23.9% | 165,1 k € | -7.7% | 178,9 k € | +12.2% | 159,5 k € | +15.9% | 137,5 k € | -2.7% | 141,4 k € | -73.9% | 541,9 k € | +76.0% | 307,9 k € | +111% | 145,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 1,8 M € | -22.8% | 2,3 M € | +0.2% | 2,3 M € | +14.9% | 2 M € | +10.6% | 1,8 M € | +8.5% | 1,7 M € | -13.1% | 1,9 M € | -7.9% | 2,1 M € | +0.1% | 2,1 M € | +4.4% | 2 M € | -0.4% | 2 M € | -0.8% | 2 M € | -1.7% | 2,1 M € | -1.0% | 2,1 M € | +8.3% | 1,9 M € | +7.7% | 1,8 M € | +8.6% | 1,6 M € | +49.0% | 1,1 M € | +38.6% | 797,7 k € |
| Total assets | 7,6 M € | -15.7% | 9 M € | -16.5% | 10,8 M € | +13.5% | 9,5 M € | +3.1% | 9,2 M € | +13.6% | 8,1 M € | -16.8% | 9,7 M € | -12.0% | 11 M € | +6.3% | 10,4 M € | -0.4% | 10,4 M € | -2.1% | 10,6 M € | +15.0% | 9,3 M € | +4.0% | 8,9 M € | -1.4% | 9 M € | +2.6% | 8,8 M € | -2.9% | 9,1 M € | -0.9% | 9,2 M € | +17.6% | 7,8 M € | +5.0% | 7,4 M € |
| Cash | 40,5 k € | -18.6% | 49,7 k € | -70.6% | 168,9 k € | -52.4% | 355,1 k € | +47.7% | 240,5 k € | -57.3% | 562,8 k € | +133% | 241,8 k € | -53.2% | 516,5 k € | +160% | 198,9 k € | +40.8% | 141,3 k € | -72.6% | 514,9 k € | +8.2% | 475,9 k € | +125% | 211,8 k € | +11.9% | 189,3 k € | -10.8% | 212,1 k € | -27.3% | 291,7 k € | +172% | 107,2 k € | -23.7% | 140,5 k € | +138% | 59,1 k € |
| Debts | 5,8 M € | -13.1% | 6,6 M € | -21.2% | 8,4 M € | +13.0% | 7,5 M € | +1.3% | 7,4 M € | +15.0% | 6,4 M € | -17.7% | 7,8 M € | -11.0% | 8,7 M € | +9.1% | 8 M € | -1.6% | 8,2 M € | -2.8% | 8,4 M € | +20.6% | 7 M € | +6.6% | 6,5 M € | -0.8% | 6,6 M € | +1.4% | 6,5 M € | -6.7% | 7 M € | -4.5% | 7,3 M € | +9.6% | 6,6 M € | +1.3% | 6,6 M € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 10,1 ETP | -7.3% | 10,9 ETP | +16.0% | 9,4 ETP | +2.2% | 9,2 ETP | +17.9% | 7,8 ETP | +4.0% | 7,5 ETP | -12.8% | 8,6 ETP | -8.5% | 9,4 ETP | -17.5% | 11,4 ETP | +5.6% | 10,8 ETP | -27.5% | 14,9 ETP | +16.4% | 12,8 ETP | +6.7% | 12,0 ETP | +3.4% | 11,6 ETP | -6.5% | 12,4 ETP | +3.3% | 12,0 ETP | +20.0% | 10,0 ETP | -6.5% | 10,7 ETP | +24.4% | 8,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 10 ended
Active mandates
Patrick WATTEAU
ActiveJean-Luc WATTEAU
ActiveEnded mandates
Patrick WATTEAU
EndedJean-Luc WATTEAU
EndedJean-Luc WATTEAU
EndedSandra GOBERT
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
DEM ADVANTAGE● Active | 0413.086.574 |
DYLIMMO● Active | 1027.200.108 |
Financials
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 | 01/07/2023 | 01/07/2022 | 01/07/2021 | 01/07/2020 | 01/07/2019 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 30/06/2023 | 30/06/2022 | 30/06/2021 | 30/06/2020 |
| Length of the financial year | 12 months | 18 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 01/07/2026 | 15/07/2025 | 03/10/2024 | 15/01/2023 | 28/01/2022 | 15/02/2021 |
| General meeting | 15/06/2026 | 16/06/2025 | 18/12/2023 | 09/01/2023 | 20/12/2021 | 11/02/2021 |
| 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
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 15/06/2026 | 01/07/2026 | French | |
| Full model | 31/12/2024 | 16/06/2025 | 15/07/2025 | French | |
| Full modelCorrection | 30/06/2023 | 18/12/2023 | 03/10/2024 | French | |
| Full model | 30/06/2023 | 18/12/2023 | 09/01/2024 | French | |
| Full model | 30/06/2022 | 09/01/2023 | 15/01/2023 | French | |
| Full model | 30/06/2021 | 20/12/2021 | 28/01/2022 | French | |
| Full model | 30/06/2020 | 11/02/2021 | 15/02/2021 | French | |
| Full model | 30/06/2019 | 16/12/2019 | 31/01/2020 | French | |
| Full model | 31/12/2017 | 13/06/2018 | 22/07/2018 | French | |
| Full model | 31/12/2016 | 14/06/2017 | 31/07/2017 | French | |
| Full model | 31/12/2015 | 08/06/2016 | 07/07/2016 | French | |
| Full model | 31/12/2014 | 30/06/2015 | 14/07/2015 | French | |
| Full model | 31/12/2013 | 11/06/2014 | 20/06/2014 | French | |
| Full model | 31/12/2012 | 10/07/2013 | 14/07/2013 | French | |
| Full model | 31/12/2011 | 13/06/2012 | 26/07/2012 | French | |
| Full model | 31/12/2010 | 29/06/2011 | 26/07/2011 | French | |
| Full model | 31/12/2009 | 09/06/2010 | 08/07/2010 | French | |
| Full model | 31/12/2008 | 10/06/2009 | 08/07/2009 | French | |
| Abridged model | 31/12/2007 | 11/06/2008 | 22/07/2008 | French | |
| Abridged model | 31/12/2006 | 13/06/2007 | 14/06/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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 · 10 ended
Active mandates
Patrick WATTEAU
ActiveJean-Luc WATTEAU
ActiveEnded mandates
Patrick WATTEAU
EndedJean-Luc WATTEAU
EndedJean-Luc WATTEAU
EndedSandra GOBERT
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Restructuring12/09/2025OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Other12/09/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Restructuring23/06/2025RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Other04/10/2024DOEL - ALGEMENE VERGADERING - BOEKJAAR
- Other04/10/2024OBJET - ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other04/06/2024STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates04/06/2024DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates24/01/2023DEMISSIONS, NOMINATIONS
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 202511,3 k €↑
- 2024Annual accounts 20244 k €↓
- 2023Annual accounts 2023300,9 k €↓
- 2022Annual accounts 2022388,2 k €↑
- 2021Annual accounts 2021142 k €↑
- 2020Annual accounts 2020-253,2 k €↓
- 2019Annual accounts 2019-158,3 k €↓
- 2017Annual accounts 2017-14,3 k €↓
- 2016Annual accounts 201687,8 k €↓
- 2015Annual accounts 2015172,6 k €↓
- 2014Annual accounts 2014204,5 k €↑
- 2013Annual accounts 2013165,1 k €↓
- 2012Annual accounts 2012178,9 k €↑
- 2011Annual accounts 2011159,5 k €↑
- 2010Annual accounts 2010137,5 k €↓
- 2009Annual accounts 2009141,4 k €↓
- 2008Annual accounts 2008541,9 k €↑
- 2007Annual accounts 2007307,9 k €↑
- 2006Annual accounts 2006145,6 k €
- 20/05/1985IncorporationPublic limited company