ACTIVE

ADVIES - DIENSTEN - STUDIEBUREAU

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Financial year 2025 · Closed on 31/12/2025

Net result88,7 k €+433,1 %over 1 year

Gross margin181,9 k €+76,7 %over 1 year

Equity308,7 k €+40,3 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

ADVIES - DIENSTEN - STUDIEBUREAU is a Public limited company incorporated in 1990. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Waregem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0440.325.461
Incorporation: 22/03/1990
Legal form: Public limited company
Registered office: Vichtseweg 270
8790 Waregem · FlandreSee on map
Contributed capital: 271 889,67 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	181,9 k €	+76.7%	102,9 k €	+88.6%	54,6 k €	-54.0%	118,7 k €	-27.5%	163,6 k €
EBITDA	176,9 k €	+88.2%	94 k €	+84.3%	51 k €	-55.3%	114,1 k €	-28.5%	159,7 k €
Operating result	114,7 k €	+3656%	3,1 k €	+108%	-36 k €	-224%	28,9 k €	-65.5%	83,8 k €
Net result	88,7 k €	+433%	-26,6 k €	+56.3%	-61 k €	-595%	12,3 k €	-80.4%	62,8 k €
Balance sheet
Equity	308,7 k €	+40.3%	220 k €	-10.8%	246,6 k €	-19.8%	307,6 k €	+10.6%	278 k €
Total assets	1,4 M €	-3.3%	1,4 M €	-0.8%	1,4 M €	+5.9%	1,3 M €	+2.6%	1,3 M €
Cash	1,7 k €	+96.3%	845,3 €	-73.1%	3,1 k €	+7.1%	2,9 k €	-52.0%	6,1 k €
Debts	1 M €	-11.7%	1,2 M €	+1.4%	1,1 M €	+14.0%	1 M €	+1.5%	985,3 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–

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 · 18 ended

Active mandates

Hilde Vercaempst

Director

Active

Lieven Vandendriessche

Director

Active

Ended mandates

Hilde VERCAEMPST

Managing director · since 12 juin 2016 · until 11 juin 2022

Ended

Lieven VANDENDRIESSCHE

Managing director · since 12 juin 2016 · until 11 juin 2022

Ended

Hilde Vercaempst

Director · since 12 juin 2010 · until 11 juin 2022

Ended

Hilde Vercaempst

Director · since 12 juin 2010 · until 10 juin 2028

Ended

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	30/06/2026	29/08/2025	30/08/2024	21/04/2023	28/11/2022	09/09/2021
General meeting	29/06/2026	29/08/2025	28/08/2024	25/03/2023	31/10/2022	12/06/2021
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	29/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	29/08/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	25/03/2023	21/04/2023	Dutch	PDF
Abridged model	31/12/2021	31/10/2022	28/11/2022	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	09/09/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	14/06/2019	Dutch	PDF
Abridged model	31/12/2017	31/07/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	05/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	14/06/2016	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	21/08/2015	Dutch	PDF
Abridged model	31/12/2013	31/07/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	31/07/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	31/07/2012	17/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	25/06/2010	Dutch	PDF
Abridged model	31/12/2008	31/07/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/07/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	19/07/2007	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 · 18 ended

Active mandates

Hilde Vercaempst

Director

Active

Lieven Vandendriessche

Director

Active

Ended mandates

Hilde VERCAEMPST

Managing director · since 12 juin 2016 · until 11 juin 2022

Ended

Lieven VANDENDRIESSCHE

Managing director · since 12 juin 2016 · until 11 juin 2022

Ended

Hilde Vercaempst

Director · since 12 juin 2010 · until 11 juin 2022

Ended

Hilde Vercaempst

Director · since 12 juin 2010 · until 10 juin 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates30/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/10/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/12/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2004
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/05/2003
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202588,7 k €↑
2024
Annual accounts 2024-26,6 k €↑
2023
Annual accounts 2023-61 k €↓
2023
Name changeA.D.S.
2022
Annual accounts 202212,3 k €↓
2021
Annual accounts 202162,8 k €↑
2021
Name changeADS
2019
Annual accounts 201910,6 k €↑
2018
Annual accounts 2018-318,1 k €↓
2017
Annual accounts 2017-49 k €↓
2016
Annual accounts 20162,7 k €↑
2015
Annual accounts 2015451,7 €↓
2014
Annual accounts 201419,5 k €↑
2013
Annual accounts 2013-2,9 k €↓
2012
Annual accounts 201254,2 k €↑
2011
Annual accounts 20114,6 k €↓
2010
Annual accounts 201029,1 k €↓
2009
Annual accounts 200959 k €↑
2008
Annual accounts 2008-3,7 k €↑
2007
Annual accounts 2007-59,5 k €↓
2006
Annual accounts 2006-2,5 k €
22/03/1990
IncorporationPublic limited company

ADVIES - DIENSTEN - STUDIEBUREAU

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

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