ACTIVE

ADEK

Financial year 2025 · closed on 30/09/2025
Net result
69,9 k €
+25.9% YoY
Gross margin
196,3 k €
-51.2% YoY
Equity
601,3 k €
+13.2% YoY
Workforce
1,4 ETP
-12.5% YoY

What does ADEK do?

ADEK is a Private limited company incorporated in 1986. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Waregem. It employs on average 1,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.186.891
Incorporation
09/07/1986
Legal form
Private limited company
Registered office
Haantjesstraat 13
8790 Waregem · FlandreSee on map
Contributed capital
151 585,35 €
Latest accounts
30/09/2025
Average workforce
1,4 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Contacts
2 public details availableLog in to view
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202009200820072006
Income statement
Gross margin196,3 k €402,3 k €236,6 k €243,1 k €449,2 k €246,7 k €313,8 k €371 k €287,6 k €243,5 k €
EBITDA134,7 k €297,9 k €116 k €106,2 k €319 k €-113,1 k €127,6 k €162,7 k €112,9 k €71 k €
Operating result109,1 k €94,8 k €72,8 k €62,5 k €270,3 k €-173,5 k €74,7 k €114,7 k €58,5 k €21,7 k €
Net result69,9 k €55,5 k €46,8 k €43,3 k €246,7 k €-213,5 k €50,9 k €72,2 k €12,2 k €2,3 k €
Balance sheet
Equity601,3 k €531,4 k €475,9 k €429,1 k €585,8 k €339 k €245,9 k €235 k €202,8 k €190,6 k €
Total assets3,3 M €2,9 M €2,5 M €2,2 M €1,9 M €1,4 M €1,2 M €1,3 M €1,3 M €1,1 M €
Cash114,1 k €101,2 k €62,6 k €81,4 k €69,2 k €27 k €100,2 k €116,7 k €65 k €25,7 k €
Debts2,4 M €2,2 M €2 M €1,8 M €1,3 M €1 M €999,3 k €1 M €1 M €906,3 k €
Other
Workforce1,4 ETP1,6 ETP1,9 ETP2,3 ETP2,0 ETP3,4 ETP3,5 ETP4,2 ETP3,6 ETP3,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 6 ended

Active mandates

KARL TAELMAN

Director · 0872.891.221

Represented by Karl Taelman

Active

Ended mandates

KARL TAELMAN

Manager · since 04 juin 2019 · 0872.891.221

Represented by Karl Taelman

Ended
Marc EVENEPOEL

Manager · since 09 juillet 1986

Ended
Rik VAN DEN BUSSCHE

Manager · since 09 juillet 1986

Ended
KARL TAELMAN

Director · 0872.891.221

Represented by Karl Taelman

Ended
At this address

Other companies at this address

CompanyCBE no.
KARL TAELMANActive
0872.891.221
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/01/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months21 months
Filing date29/05/202630/04/202507/06/202431/05/202306/05/202231/07/2021
General meeting18/03/202621/03/202515/03/202417/03/202319/03/202220/03/2021
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 model30/09/202518/03/202629/05/2026DutchPDF
Abridged model30/09/202421/03/202530/04/2025DutchPDF
Abridged modelCorrection30/09/202315/03/202407/06/2024DutchPDF
Abridged model30/09/202315/03/202430/04/2024DutchPDF
Abridged model30/09/202217/03/202331/05/2023DutchPDF
Abridged model30/09/202119/03/202206/05/2022DutchPDF
Abridged model30/09/202020/03/202131/07/2021DutchPDF
Abridged model31/12/201802/05/201906/05/2019DutchPDF
Abridged model31/12/201730/06/201831/07/2018DutchPDF
Abridged model31/12/201630/06/201710/08/2017DutchPDF
Abridged model31/12/201530/06/201629/07/2016DutchPDF
Abridged model31/12/201430/06/201529/07/2015DutchPDF
Abridged model31/12/201330/06/201418/07/2014DutchPDF
Abridged model31/12/201230/06/201330/07/2013DutchPDF
Abridged model31/12/201130/06/201228/08/2012DutchPDF
Abridged model31/12/201030/06/201129/07/2011DutchPDF
Abridged model31/12/200930/06/201029/07/2010DutchPDF
Abridged model31/12/200830/06/200919/08/2009DutchPDF
Abridged model31/12/200730/06/200822/08/2008DutchPDF
Abridged model31/12/200630/06/200727/07/2007DutchPDF
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.

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 30/09/2025 · 1 active · 6 ended

Active mandates

KARL TAELMAN

Director · 0872.891.221

Represented by Karl Taelman

Active

Ended mandates

KARL TAELMAN

Manager · since 04 juin 2019 · 0872.891.221

Represented by Karl Taelman

Ended
Marc EVENEPOEL

Manager · since 09 juillet 1986

Ended
Rik VAN DEN BUSSCHE

Manager · since 09 juillet 1986

Ended
KARL TAELMAN

Director · 0872.891.221

Represented by Karl Taelman

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/12/2019
    WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates05/06/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares14/04/2005
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 202569,9 k €
  2. 2024
    Annual accounts 202455,5 k €
  3. 2023
    Annual accounts 202346,8 k €
  4. 2022
    Annual accounts 202243,3 k €
  5. 2021
    Annual accounts 2021246,7 k €
  6. 2020
    Annual accounts 2020-213,5 k €
  7. 2009
    Annual accounts 200950,9 k €
  8. 2008
    Annual accounts 200872,2 k €
  9. 2007
    Annual accounts 200712,2 k €
  10. 2006
    Annual accounts 20062,3 k €
  11. 09/07/1986
    IncorporationPrivate limited company