ACTIVE

A A D

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Financial year 2025 · closed on 31/12/2025
Net result
192 k €
+355.9% YoY
Gross margin
1,8 M €
+10.4% YoY
Equity
237 k €
-60.2% YoY
Workforce
20,6 ETP
-4.2% YoY

What does A A D do?

A A D is a Public limited company incorporated in 1986. Its main activity is: Manufacture of instruments and appliances for measuring, testing and navigation. Its registered office is in Tongeren-Borgloon. It employs on average 20,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0428.488.590
Incorporation
30/01/1986
Legal form
Public limited company
Registered office
Luikersteenweg 220
3700 Tongeren-Borgloon · FlandreSee on map
Contributed capital
186 000,00 €
Latest accounts
31/12/2025
Average workforce
20,6 ETP
Activities (NACE)
26510Manufacture of instruments and appliances for measuring, testing and navigation· main26510Manufacture of instruments and appliances for measuring, testing and navigation46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment51871Air transport
Joint committees (5)
  • 149
  • 14901
  • 200
  • 201
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin1,8 M €1,6 M €1,5 M €891,7 k €472 k €58,3 k €27,8 k €203 k €33,6 k €-80,7 k €135,2 k €2,3 k €476,6 k €159,8 k €165,7 k €311,3 k €159,6 k €261,2 k €125,5 k €194,1 k €
EBITDA405,8 k €161,5 k €734,2 k €76,1 k €132,3 k €-32 k €21,7 k €34,2 k €53,6 k €-41,8 k €-12,9 k €37 k €24,2 k €62,4 k €36,7 k €116,3 k €25,7 k €48,6 k €-47,1 k €102,3 k €
Operating result385,5 k €141,8 k €720,6 k €66,5 k €102,3 k €-62 k €19,8 k €24,1 k €43,5 k €-59 k €-30,4 k €16,5 k €38,9 k €37 k €7,5 k €58,9 k €21,7 k €-32 k €-62,2 k €88,5 k €
Net result192 k €42,1 k €478,6 k €28 k €90,1 k €-64,3 k €13,7 k €11,3 k €29,3 k €-64,1 k €-36,7 k €6 k €11 k €24,3 k €-6 k €48,8 k €16,5 k €-60,7 k €-75 k €75,9 k €
Balance sheet
Equity237 k €595 k €552,8 k €74,2 k €46,2 k €-43,9 k €20,3 k €6,6 k €-4,8 k €-34 k €30,1 k €66,8 k €60,7 k €49,8 k €25,5 k €31,5 k €-17,3 k €-33,7 k €27 k €102 k €
Total assets1,3 M €1,3 M €1,3 M €867 k €499,3 k €347,3 k €705,6 k €971,3 k €605,3 k €367,5 k €561,4 k €775,5 k €853,7 k €630,9 k €471,2 k €599,2 k €450,6 k €345,4 k €553,5 k €419,1 k €
Cash311,6 k €164,1 k €23 k €55,1 k €105,9 k €12,4 k €28,4 k €52,2 k €152,8 k €12,4 k €243,7 k €218,7 k €228,5 k €195,3 k €83 k €241,1 k €81,9 k €42,9 k €289,9 k €105,9 k €
Debts1,1 M €683,5 k €769,6 k €784,9 k €453,1 k €391,2 k €685,3 k €964,8 k €610,1 k €208,4 k €142,4 k €312,4 k €235,1 k €390,4 k €251,7 k €371,3 k €351 k €254,7 k €475 k €317,1 k €
Other
Workforce20,6 ETP21,5 ETP19,3 ETP16,8 ETP3,1 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP3,0 ETP2,8 ETP2,0 ETP1,0 ETP1,6 ETP2,8 ETP3,0 ETP3,1 ETP3,5 ETP3,0 ETP4,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Candace Murchison-Procos

Director · since 03 juin 2022 · until 02 juin 2028

Active
Mark Procos

Director · since 03 juin 2022 · until 03 juin 2028

Active

Ended mandates

Mark Procos

Director · since 03 juin 2022 · until 02 juin 2028

Ended
Annick FONTAINE

Director · since 07 juin 2019 · until 08 octobre 2021

Ended
Annick FONTAINE

Director · since 07 juin 2019 · until 30 juin 2023

Ended
Jean-Yves SMOLDERS

Director · since 07 juin 2019 · until 08 octobre 2021

Ended
At this address

Other companies at this address

CompanyCBE no.
AAD Holdings● Active
0787.298.718
Annual accounts

Full financial information

202520242023202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/03/202331/03/202231/03/2021
Length of the financial year12 months12 months9 months12 months12 months12 months
Filing date19/08/202628/08/202530/07/202408/11/202310/06/202222/06/2021
General meeting25/06/202630/06/202525/06/202423/06/202303/06/202204/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202619/08/2026DutchPDF
Abridged model31/12/202430/06/202528/08/2025DutchPDF
Abridged model31/12/202325/06/202430/07/2024DutchPDF
Abridged model31/03/202323/06/202308/11/2023DutchPDF
Abridged model31/03/202203/06/202210/06/2022FrenchPDF
Abridged model31/03/202104/06/202122/06/2021FrenchPDF
Abridged model31/03/202005/06/202013/10/2020FrenchPDF
Abridged model31/03/201907/06/201901/07/2019FrenchPDF
Abridged model31/03/201801/06/201809/07/2018FrenchPDF
Abridged model31/03/201702/06/201710/10/2017FrenchPDF
Abridged model31/03/201603/06/201611/10/2016FrenchPDF
Abridged model31/03/201505/06/201531/08/2015FrenchPDF
Abridged model31/03/201406/06/201402/07/2014FrenchPDF
Abridged model31/03/201307/06/201306/09/2013FrenchPDF
Abridged model31/03/201201/06/201229/09/2012FrenchPDF
Abridged model31/03/201103/06/201122/09/2011FrenchPDF
Abridged model31/03/201004/06/201029/09/2010FrenchPDF
Abridged model31/03/200905/06/200906/10/2009FrenchPDF
Abridged model31/03/200806/06/200820/10/2008FrenchPDF
Abridged model31/03/200704/06/200719/09/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

Candace Murchison-Procos

Director · since 03 juin 2022 · until 02 juin 2028

Active
Mark Procos

Director · since 03 juin 2022 · until 03 juin 2028

Active

Ended mandates

Mark Procos

Director · since 03 juin 2022 · until 02 juin 2028

Ended
Annick FONTAINE

Director · since 07 juin 2019 · until 08 octobre 2021

Ended
Annick FONTAINE

Director · since 07 juin 2019 · until 30 juin 2023

Ended
Jean-Yves SMOLDERS

Director · since 07 juin 2019 · until 08 octobre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates29/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office24/08/2022
    MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/07/2022
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/02/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/08/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/02/2012
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 2025192 k €↑
  2. 2024
    Annual accounts 202442,1 k €↓
  3. 2023
    Annual accounts 2023478,6 k €↑
  4. 2023
    Annual accounts 202328 k €↓
  5. 2023
    Name changeAAD
  6. 2022
    Annual accounts 202290,1 k €↑
  7. 2022
    Name changeA.A.D.
  8. 2021
    Annual accounts 2021-64,3 k €↓
  9. 2020
    Annual accounts 202013,7 k €↑
  10. 2019
    Annual accounts 201911,3 k €↓
  11. 2018
    Annual accounts 201829,3 k €↑
  12. 2017
    Annual accounts 2017-64,1 k €↓
  13. 2016
    Annual accounts 2016-36,7 k €↓
  14. 2015
    Annual accounts 20156 k €↓
  15. 2014
    Annual accounts 201411 k €↓
  16. 2013
    Annual accounts 201324,3 k €↑
  17. 2012
    Annual accounts 2012-6 k €↓
  18. 2011
    Annual accounts 201148,8 k €↑
  19. 2010
    Annual accounts 201016,5 k €↑
  20. 2009
    Annual accounts 2009-60,7 k €↑
  21. 2008
    Annual accounts 2008-75 k €↓
  22. 2007
    Annual accounts 200775,9 k €
  23. 30/01/1986
    IncorporationPublic limited company