ADFISCO
0437.189.292 · rovalta.com · 24/09/2026
ACTIVE
ADFISCO
Financial year 2025 · closed on 31/12/2025
Net result
128,9 k €
+190.5% YoY
Gross margin
389,8 k €
+52.2% YoY
Equity
102,7 k €
+9.5% YoY
Overview
What does ADFISCO do?
ADFISCO is a Private limited company incorporated in 1989. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Antwerpen.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0437.189.292
Incorporation
06/04/1989
Legal form
Private limited company
Registered office
Dendermondestraat 44
2018 Antwerpen · FlandreSee on map
2018 Antwerpen · FlandreSee on map
Contributed capital
19 831,48 €
Latest accounts
31/12/2025
Activities (NACE)
69201Accounting, bookkeeping and auditing activities; tax consultancy· main69202Accounting, bookkeeping and auditing activities; tax consultancy74121Specialised design activities73200Market research and public opinion polling73200Market research and public opinion polling74131Specialised design activities
Joint committees (1)
- 336
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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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 | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 389,8 k € | +52.2% | 256,2 k € | +77.1% | 144,7 k € | -28.0% | 201 k € | +11.8% | 179,7 k € | -4.5% | 188,1 k € | -14.9% | 221 k € | +2.1% | 216,5 k € | +99.5% | 108,5 k € | -20.6% | 136,7 k € | +3258% | 4,1 k € | -53.2% | 8,7 k € | +33.1% | 6,5 k € | +143% | 2,7 k € | -25.3% | 3,6 k € | -59.0% | 8,8 k € | -13.8% | 10,2 k € | -13.0% | 11,7 k € | -4.7% | 12,3 k € | -5.4% | 13 k € |
| EBITDA | 206,2 k € | +162% | 78,8 k € | +350% | 17,5 k € | -66.3% | 51,9 k € | -26.3% | 70,3 k € | -35.4% | 108,8 k € | -20.0% | 136,1 k € | +20.0% | 113,4 k € | +46.6% | 77,3 k € | -15.7% | 91,7 k € | +4372% | 2,1 k € | -73.9% | 7,9 k € | +52.1% | 5,2 k € | +252% | 1,5 k € | -45.8% | 2,7 k € | -63.8% | 7,5 k € | -3.8% | 7,8 k € | -28.9% | 11 k € | -5.0% | 11,5 k € | -5.5% | 12,2 k € |
| Operating result | 193,7 k € | +187% | 67,4 k € | +161% | 25,8 k € | -25.6% | 34,7 k € | -42.5% | 60,4 k € | +54.0% | 39,2 k € | -33.5% | 59 k € | +35.4% | 43,6 k € | +720% | 5,3 k € | -73.3% | 19,9 k € | +871% | 2,1 k € | -68.7% | 6,5 k € | +64.3% | 4 k € | +453% | 720,1 € | -51.3% | 1,5 k € | -76.1% | 6,2 k € | -4.6% | 6,5 k € | -30.1% | 9,3 k € | -11.6% | 10,5 k € | -4.9% | 11 k € |
| Net result | 128,9 k € | +191% | 44,4 k € | +87.4% | 23,7 k € | +0.2% | 23,6 k € | -46.0% | 43,8 k € | +65.1% | 26,5 k € | -42.1% | 45,8 k € | +62.8% | 28,1 k € | +2659% | 1 k € | -81.2% | 5,4 k € | +1578% | 322,6 € | -88.5% | 2,8 k € | +121% | 1,3 k € | +258% | 355,5 € | -25.8% | 479,2 € | -90.3% | 4,9 k € | +128% | 2,2 k € | -46.8% | 4,1 k € | -23.2% | 5,3 k € | -13.4% | 6,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 102,7 k € | +9.5% | 93,8 k € | -14.3% | 109,4 k € | +27.6% | 85,7 k € | +38.0% | 62,1 k € | +28.5% | 48,3 k € | +122% | 21,8 k € | -59.2% | 53,4 k € | +111% | 25,3 k € | +4.2% | 24,3 k € | +28.7% | 18,8 k € | +1.7% | 18,5 k € | -52.1% | 38,7 k € | +3.4% | 37,4 k € | -24.5% | 49,6 k € | +1.0% | 49,1 k € | +11.2% | 44,2 k € | +5.1% | 42 k € | +10.7% | 37,9 k € | +16.2% | 32,7 k € |
| Total assets | 386,2 k € | +4.8% | 368,4 k € | +20.7% | 305,2 k € | +1.5% | 300,5 k € | +1.5% | 296 k € | +27.4% | 232,4 k € | -27.4% | 320,1 k € | -9.3% | 352,9 k € | -13.1% | 406,1 k € | -9.7% | 449,5 k € | +731% | 54,1 k € | +12.2% | 48,2 k € | +3.8% | 46,4 k € | -2.2% | 47,5 k € | -14.8% | 55,7 k € | +9.8% | 50,7 k € | +10.0% | 46,1 k € | +7.6% | 42,8 k € | +3.2% | 41,5 k € | +19.2% | 34,8 k € |
| Cash | 133,4 k € | -11.2% | 150,3 k € | +342% | 34 k € | +4.6% | 32,5 k € | +82.2% | 17,8 k € | -6.6% | 19,1 k € | +21.3% | 15,8 k € | -59.9% | 39,3 k € | +150% | 15,7 k € | -23.7% | 20,6 k € | +193723% | 10,6 € | -99.9% | 12,9 k € | +683% | 1,6 k € | – | 15,4 k € | +148% | 6,2 k € | +549% | 954,4 € | -49.8% | 1,9 k € | -82.0% | 10,6 k € | +4442% | 232,8 € | ||
| Debts | 283,5 k € | +3.3% | 274,6 k € | +40.3% | 195,8 k € | -8.9% | 214,8 k € | -8.2% | 233,9 k € | +27.4% | 183,6 k € | -38.4% | 297,8 k € | -0.6% | 299,5 k € | -20.9% | 378,8 k € | -8.3% | 413,1 k € | +7121% | 5,7 k € | -80.7% | 29,7 k € | +324% | 7 k € | -30.2% | 10 k € | +326% | 2,3 k € | +46.4% | 1,6 k € | -16.2% | 1,9 k € | +129% | 838,2 € | -76.5% | 3,6 k € | +63.3% | 2,2 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 10 ended
Active mandates
Active
Active
Ended mandates
Hicham Hammich
EndedHicham Hammich
EndedNicholas Verhofstede
EndedNicholas Verhofstede
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
ALLSANI● Bankrupt | 0898.169.916 |
Alma Mater● Bankrupt | 0779.546.339 |
BROINTERMED LINES AGENCIES● Active | 0479.906.510 |
CAFE COSTUME● Active | 0879.808.905 |
CC Holding● Active | 0448.139.010 |
DE TECHNISCHE ONDERAANNEMER● Bankrupt | 0563.543.967 |
De Wezel● Bankrupt | 0478.659.465 |
Easy Medical Device● Active | 0772.522.945 |
FAPAI EUROPA● Active | 0460.602.223 |
GANO● Active | 0722.856.074 |
GRANG LEGRO BRICO● Bankrupt | 0506.658.417 |
LEKKER BEZIG● Bankrupt | 0750.740.408 |
MAROCCO DELICIOUS● Bankrupt | 0563.543.670 |
M-Tech Services● Bankrupt | 0521.735.779 |
MULTIVERSO● Bankrupt | 0880.658.842 |
NET PLACE● Bankrupt | 0544.769.915 |
OFINRA● Active | 0628.953.839 |
PROJECTS-ID● Bankrupt | 0654.877.979 |
Sanibo Invest● Active | 0727.496.733 |
YAMECO● Active | 0731.985.655 |
Financials
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 | 23/07/2026 | 16/07/2025 | 15/07/2024 | 24/07/2023 | 12/07/2022 | 09/08/2021 |
| General meeting | 01/06/2026 | 01/06/2025 | 21/05/2024 | 16/05/2023 | 17/05/2022 | 18/05/2021 |
| 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 |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 01/06/2026 | 23/07/2026 | Dutch | |
| Micro model | 31/12/2024 | 01/06/2025 | 16/07/2025 | Dutch | |
| Micro model | 31/12/2023 | 21/05/2024 | 15/07/2024 | Dutch | |
| Micro model | 31/12/2022 | 16/05/2023 | 24/07/2023 | Dutch | |
| Micro model | 31/12/2021 | 17/05/2022 | 12/07/2022 | Dutch | |
| Micro model | 31/12/2020 | 18/05/2021 | 09/08/2021 | Dutch | |
| Micro model | 31/12/2019 | 24/09/2020 | 16/11/2020 | Dutch | |
| Micro model | 31/12/2018 | 21/05/2019 | 23/08/2019 | Dutch | |
| Micro model | 31/12/2017 | 15/05/2018 | 31/08/2018 | Dutch | |
| Micro model | 31/12/2016 | 16/05/2017 | 07/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/05/2016 | 31/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/05/2015 | 26/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/05/2014 | 29/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/05/2013 | 29/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/05/2012 | 31/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 17/05/2011 | 30/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 23/08/2010 | 26/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 19/05/2009 | 26/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/05/2008 | 27/05/2008 | Dutch | |
| Abridged model | 31/12/2006 | 25/06/2007 | 23/08/2007 | Dutch |
Valuation
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.
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
Active
Active
Ended mandates
Hicham Hammich
EndedHicham Hammich
EndedNicholas Verhofstede
EndedNicholas Verhofstede
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Other27/03/2025Statutenwijziging
- Mandates02/09/2021ONTSLAGEN - BENOEMINGEN
- Other18/02/2016BENAMING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates13/11/2015MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
- Capital / shares05/05/2006WIJZIGING RECHTSVORM - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
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 2025128,9 k €↑
- 2024Annual accounts 202444,4 k €↑
- 2023Annual accounts 202323,7 k €↑
- 2022Annual accounts 202223,6 k €↓
- 2021Annual accounts 202143,8 k €↑
- 2020Annual accounts 202026,5 k €↓
- 2019Annual accounts 201945,8 k €↑
- 2018Annual accounts 201828,1 k €↑
- 2017Annual accounts 20171 k €↓
- 2016Annual accounts 20165,4 k €↑
- 2015Annual accounts 2015322,6 €↓
- 2015Name changeAdfisco
- 2014Annual accounts 20142,8 k €↑
- 2013Annual accounts 20131,3 k €↑
- 2012Annual accounts 2012355,5 €↓
- 2011Annual accounts 2011479,2 €↓
- 2010Annual accounts 20104,9 k €↑
- 2009Annual accounts 20092,2 k €↓
- 2008Annual accounts 20084,1 k €↓
- 2007Annual accounts 20075,3 k €↓
- 2006Annual accounts 20066,1 k €
- 2006Name changeDANHIL
- 06/04/1989IncorporationPrivate limited company