ACTIVE

ADELPHI

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Financial year 2025 · Closed on 31/12/2025

Net result-290,5 k €+9,7 %over 1 year

Gross margin294,1 k €+116,4 %over 1 year

Equity1,4 M €-16,8 %over 1 year

Identity

Source · BCE/KBO

ADELPHI is a Public limited company incorporated in 1989. Its registered office is in Grimbergen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0437.791.682
Incorporation: 13/06/1989
Legal form: Public limited company
Registered office: Sint-Amandsstraat 93
1853 Grimbergen · FlandreSee on map
Contributed capital: 235 498,85 €
Latest accounts: 31/12/2025

Signals

Positive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	294,1 k €	+116%	135,9 k €	-13.4%	157 k €	-12.3%	179,1 k €	-22.4%	230,8 k €
EBITDA	192,8 k €	+55.9%	123,7 k €	-11.5%	139,8 k €	-17.7%	169,9 k €	-25.9%	229,5 k €
Operating result	108,9 k €	+3897%	2,7 k €	-96.0%	67,5 k €	-31.7%	98,9 k €	-35.3%	152,9 k €
Net result	-290,5 k €	+9.7%	-321,7 k €	-48.0%	-217,3 k €	-310%	-53 k €	-1203%	-4,1 k €
Balance sheet
Equity	1,4 M €	-16.8%	1,7 M €	-15.7%	2 M €	-9.6%	2,3 M €	-2.3%	2,3 M €
Total assets	8,3 M €	-0.9%	8,4 M €	+1.6%	8,2 M €	-0.4%	8,3 M €	+0.1%	8,3 M €
Cash	32,3 k €	+24.5%	25,9 k €	+1130%	2,1 k €	-94.0%	35,2 k €	+999%	3,2 k €
Debts	6,9 M €	+3.3%	6,6 M €	+7.4%	6,2 M €	+3.2%	6 M €	+1.0%	5,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frank van Bellingen	Managing director16/09/2022 → 08/05/2030Director19/04/2019 → 2020 accountsended
Joris van Bellingen	Managing director08/05/2013 → 08/05/2030Director11/02/2011 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rose-Marie Lenaerts	Director20/08/2020 → 2021 accounts
Yasmine van Bellingen	Director08/05/2019 → 2020 accounts
CONSULTINVEST0440.428.104Represented by Els Colans	Director19/04/2019 → 2021 accounts

Other companies at this address

Sint-Amandsstraat 93 1853 Grimbergen

Company	CBE no.
ALMARO● Active	0877.766.757
ALMARON● Active	0876.882.473
ARONA● Active	1042.523.435
BRAND WHITLOCK PROPERTY COMPANY● Active	0865.026.204
CdMZ● Active	0463.229.339
C.GEN● Active	0450.896.679
CLCC● Active	0544.748.535
C. Legal● Active	0880.195.222
CONSULTINVEST● Active	0440.428.104
PESSULUS● Active	0896.384.720
SPIREA● Active	0863.477.766
TRAXUS● Active	0879.223.737
TRILITHON● Active	0477.292.062

Full financial information

Source · NBB

	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	27/08/2026	29/08/2025	30/08/2024	24/07/2023	29/07/2022	01/07/2021
General meeting	19/06/2026	20/06/2025	21/06/2024	29/06/2023	30/06/2022	02/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	19/06/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	29/06/2023	24/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	02/06/2021	01/07/2021	Dutch	PDF
Abridged model	31/12/2019	13/05/2020	03/06/2020	Dutch	PDF
Abridged model	31/12/2018	29/05/2019	19/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/05/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	10/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/05/2016	03/08/2016	Dutch	PDF
Abridged model	31/12/2014	13/05/2015	14/08/2015	Dutch	PDF
Abridged model	31/12/2013	14/05/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	08/05/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	09/05/2012	26/09/2012	Dutch	PDF
Abridged model	30/12/2010	11/05/2011	29/06/2011	Dutch	PDF
Abridged model	30/12/2009	29/06/2010	28/07/2010	Dutch	PDF
Abridged model	30/12/2008	15/10/2009	20/10/2009	Dutch	PDF
Abridged model	30/12/2007	15/09/2008	29/09/2008	Dutch	PDF
Abridged model	30/12/2006	09/05/2007	29/08/2007	Dutch	PDF

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.

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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 13 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Frank van Bellingen	Managing director16/09/2022 → 08/05/2030Director19/04/2019 → 2020 accountsended
Joris van Bellingen	Managing director08/05/2013 → 08/05/2030Director11/02/2011 → 2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Rose-Marie Lenaerts	Director20/08/2020 → 2021 accounts
Yasmine van Bellingen	Director08/05/2019 → 2020 accounts
CONSULTINVEST0440.428.104Represented by Els Colans	Director19/04/2019 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/03/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2014
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Frank van Bellingen

Joris van Bellingen

Rose-Marie Lenaerts

Yasmine van Bellingen

CONSULTINVEST

TRILITHON

Els Colans

Karel van Bellingen

Rose Marie Lenaerts

Philippe Duquesne

Dirk De Man

Gert Pieter De Goede

Show the 3 other mandates

198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

ADELPHI

Sint-Amandsstraat 93, 1853 Strombeek-Bever

Managing directorDirector

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Sint-Amandsstraat 93, 1853 Strombeek-BeverCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00432654

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADELPHICurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00432654

Events

2025
Annual accounts 2025-290,5 k €↑
2024
Annual accounts 2024-321,7 k €↓
2023
Annual accounts 2023-217,3 k €↓
2022
Annual accounts 2022-53 k €↓
2021
Annual accounts 2021-4,1 k €↑
2020
Annual accounts 2020-26,8 k €↑
2019
Annual accounts 2019-150,5 k €↓
2018
Annual accounts 2018-28,8 k €↓
2017
Annual accounts 201719,8 k €↑
2016
Annual accounts 201616,7 k €↓
2015
Annual accounts 201529,9 k €↓
2014
Annual accounts 201433,1 k €↓
2013
Annual accounts 201352,3 k €↑
2012
Annual accounts 201225 k €↓
2011
Annual accounts 201161,6 k €↓
2010
Annual accounts 2010165 k €↑
2009
Annual accounts 200953 k €↑
2008
Annual accounts 2008-26,4 k €↑
2007
Annual accounts 2007-31,9 k €↓
2006
Annual accounts 200611,8 k €
13/06/1989
IncorporationPublic limited company

ADELPHI

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events