ACTIVE

Adin

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Financial year 2025 · closed on 31/12/2025

Net result

36,2 k €

-30.2% YoY

Gross margin

188,5 k €

+6.3% YoY

Equity

203,2 k €

+21.7% YoY

What does Adin do?

Adin is a Private limited company incorporated in 1985. Its main activity is: Retail sale of watches and jewellery in specialised stores. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0428.092.276

Incorporation

26/11/1985

Legal form

Private limited company

Registered office

Vestingstraat 16
2018 Antwerpen · FlandreSee on map

Contributed capital

55 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

47770Retail sale of watches and jewellery in specialised stores· main 47770Retail sale of watches and jewellery in specialised stores

Joint committees (1)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	188,5 k €	+6.3%	177,2 k €	+13.4%	156,3 k €	+5.5%	148,2 k €	+6.7%	138,9 k €	+32.6%	104,7 k €	+117%	48,3 k €	-43.3%	85,3 k €	-15.4%	100,8 k €	-6.9%	108,3 k €	+34.4%	80,5 k €	-12.8%	92,3 k €	+95.7%	47,2 k €	+225%	14,5 k €	-81.4%	77,9 k €	+4.3%	74,7 k €	-18.2%	91,3 k €	-6.6%	97,8 k €	-1.9%	99,6 k €
EBITDA	181,9 k €	+7.1%	169,8 k €	+10.8%	153,2 k €	+5.5%	145,2 k €	+34.9%	107,6 k €	+4.4%	103 k €	+121%	46,7 k €	-44.2%	83,7 k €	-15.4%	98,9 k €	-6.8%	106,2 k €	+34.6%	78,9 k €	-12.1%	89,7 k €	+105%	43,8 k €	+261%	12,1 k €	-83.7%	74,5 k €	+26.0%	59,1 k €	-12.6%	67,7 k €	+23.9%	54,6 k €	-17.2%	66 k €
Operating result	106,6 k €	+9.1%	97,7 k €	-11.8%	110,8 k €	+3.2%	107,4 k €	+49.5%	71,8 k €	+222%	22,3 k €	+2.2%	21,8 k €	-0.1%	21,9 k €	-43.3%	38,5 k €	+4.2%	37 k €	+69.0%	21,9 k €	-51.8%	45,5 k €	+81.5%	25 k €	+302%	-12,4 k €	-125%	50,5 k €	+13.7%	44,4 k €	-15.3%	52,4 k €	+37.1%	38,2 k €	-14.5%	44,7 k €
Net result	36,2 k €	-30.2%	51,8 k €	-11.7%	58,7 k €	-17.5%	71,1 k €	+61.7%	44 k €	+725%	5,3 k €	+204%	1,8 k €	-71.8%	6,2 k €	-69.1%	20,2 k €	+1941%	988,2 €	-64.1%	2,8 k €	-90.3%	28,4 k €	+252%	8,1 k €	+129%	-27,8 k €	-307%	13,4 k €	-29.3%	19 k €	-40.2%	31,7 k €	+119%	14,5 k €	+5095%	279 €
Balance sheet
Equity	203,2 k €	+21.7%	167,1 k €	+45.0%	115,2 k €	+104%	56,6 k €	+490%	-14,5 k €	-106%	246,9 k €	+2.2%	241,6 k €	+0.7%	239,9 k €	+2.7%	233,6 k €	+9.4%	213,5 k €	+0.5%	212,5 k €	+1.3%	209,7 k €	+15.6%	181,4 k €	+4.7%	173,3 k €	-13.8%	201,1 k €	+7.1%	187,7 k €	+11.3%	168,7 k €	+23.2%	136,9 k €	+11.8%	122,4 k €
Total assets	907,7 k €	-11.9%	1 M €	+13.3%	909,3 k €	+27.2%	714,9 k €	+8.4%	659,8 k €	-0.9%	666 k €	-7.4%	719,3 k €	+5.9%	679 k €	+7.4%	632,3 k €	+7.8%	586,5 k €	-11.0%	659,3 k €	+25.9%	523,5 k €	-0.3%	525,3 k €	+7.8%	487,5 k €	-12.9%	559,6 k €	-11.0%	629 k €	+52.5%	412,6 k €	-15.3%	486,9 k €	+8.3%	449,4 k €
Cash	4,7 k €	-47.7%	9,1 k €	-0.2%	9,1 k €	+9.4%	8,3 k €	-0.4%	8,3 k €	+38.8%	6 k €	+15.6%	5,2 k €	-63.6%	14,3 k €	+441%	2,6 k €	-90.6%	28,1 k €	+124%	12,5 k €	-33.0%	18,7 k €	+4.9%	17,9 k €	+209%	5,8 k €	-48.2%	11,1 k €	-75.6%	45,6 k €	+245%	13,2 k €	+169%	4,9 k €	+77.4%	2,8 k €
Debts	704,4 k €	-18.4%	863,2 k €	+19.3%	723,8 k €	+21.8%	594,3 k €	-11.9%	674,3 k €	+60.9%	419 k €	-11.9%	475,4 k €	+8.3%	439,1 k €	+10.2%	398,6 k €	+16.2%	343 k €	-23.1%	446,4 k €	+42.3%	313,7 k €	-8.8%	344 k €	+9.7%	313,6 k €	-12.5%	358,5 k €	-18.5%	440,2 k €	+82.5%	241,2 k €	-30.1%	344,9 k €	+7.3%	321,3 k €
Other
Workforce	–		0,2 ETP		–		–		0,7 ETP		–		–		–		–		–		–		–		–		–		0,0 ETP	-100%	0,5 ETP	-28.6%	0,7 ETP	-46.2%	1,3 ETP	-18.8%	1,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

Elkan Wijnberg

Director · since 01 juillet 2004

Active

Ended mandates

MONIQUE V AN HEES

Director · since 01 janvier 2015 · until 01 janvier 2020

Ended

Monique Van Hees

Director · since 01 janvier 2015

Ended

MONIQUE VAN HEES

Director · since 01 janvier 2015 · until 01 janvier 2020

Ended

MONIQUE VAN HEES

Director · since 01 janvier 2015 · until 31 décembre 2020

Ended

At this address

Other companies at this address

Company	CBE no.
International Jewellery and Gems Certifiers● Active	0683.480.014

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	30/07/2026	23/06/2025	11/06/2024	12/06/2023	29/06/2022	30/08/2021
General meeting	30/06/2026	29/05/2025	30/05/2024	25/05/2023	30/05/2022	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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	29/05/2025	23/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	11/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	12/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/05/2022	29/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	24/06/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	26/06/2019	23/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	29/07/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	22/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	29/05/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/05/2013	15/05/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	26/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	27/05/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	28/05/2009	01/07/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	29/05/2008	13/03/2009	Dutch	PDF
Abridged model	31/12/2007	29/05/2008	14/06/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	03/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 8 ended

Active mandates

Elkan Wijnberg

Director · since 01 juillet 2004

Active

Ended mandates

MONIQUE V AN HEES

Director · since 01 janvier 2015 · until 01 janvier 2020

Ended

Monique Van Hees

Director · since 01 janvier 2015

Ended

MONIQUE VAN HEES

Director · since 01 janvier 2015 · until 01 janvier 2020

Ended

MONIQUE VAN HEES

Director · since 01 janvier 2015 · until 31 décembre 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2022
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates08/02/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares06/01/2012
KAPITAAL - AANDELEN
PDF
Mandates07/06/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/04/2006
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202536,2 k €↓
2024
Annual accounts 202451,8 k €↓
2023
Annual accounts 202358,7 k €↓
2022
Annual accounts 202271,1 k €↑
2021
Annual accounts 202144 k €↑
2019
Annual accounts 20195,3 k €↑
2018
Annual accounts 20181,8 k €↓
2017
Annual accounts 20176,2 k €↓
2016
Annual accounts 201620,2 k €↑
2015
Annual accounts 2015988,2 €↓
2014
Annual accounts 20142,8 k €↓
2013
Annual accounts 201328,4 k €↑
2012
Annual accounts 20128,1 k €↑
2011
Annual accounts 2011-27,8 k €↓
2010
Annual accounts 201013,4 k €↓
2009
Annual accounts 200919 k €↓
2008
Annual accounts 200831,7 k €↑
2007
Annual accounts 200714,5 k €↑
2006
Annual accounts 2006279 €
26/11/1985
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Adin

Overview

What does Adin do?

Trend over 19 financial years

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