ACTIVE

ADR Construct

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Financial year 2025 · closed on 31/12/2025

Net result

-272,7 k €

-734.6% YoY

Gross margin

797,5 k €

-26.0% YoY

Equity

14,4 k €

-95.0% YoY

Workforce

15,4 ETP

+4.1% YoY

What does ADR Construct do?

ADR Construct is a Private limited company incorporated in 1991. Its registered office is in Wommelgem. It employs on average 15,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.354.138

Incorporation

20/02/1991

Legal form

Private limited company

Registered office

Herentalsebaan 451
2160 Wommelgem · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2025

Average workforce

15,4 ETP

Joint committees (2)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	797,5 k €	-26.0%	1,1 M €	-22.7%	1,4 M €	-2.0%	1,4 M €	+19.4%	1,2 M €	+31.7%	904,5 k €	+17.2%	771,9 k €	-12.7%	884,2 k €	-12.3%	1,0 M €	+3.2%	977,4 k €	+13.7%	860,0 k €	-19.0%	1,1 M €	-0.9%	1,1 M €	+6.8%	1,0 M €	+10.7%	905,1 k €	+18.3%	764,8 k €	+27.7%	599,0 k €	+19.3%	502,0 k €
EBITDA	-277,5 k €	-467%	75,7 k €	-82.7%	437,8 k €	-1.2%	443,2 k €	+52.5%	290,7 k €	+306%	71,7 k €	+30.3%	55,0 k €	-42.0%	94,8 k €	-52.1%	198,0 k €	-22.6%	255,9 k €	+59.0%	161,0 k €	-55.1%	358,5 k €	-26.7%	489,0 k €	+10.2%	443,6 k €	+19.5%	371,2 k €	+9.3%	339,7 k €	+33.6%	254,2 k €	+13.9%	223,2 k €
Operating result	-291,4 k €	-957%	34,0 k €	-91.9%	419,9 k €	+214%	-366,9 k €	-283%	200,7 k €	+3474%	-5,9 k €	+73.7%	-22,6 k €	-1884%	1,3 k €	-98.7%	97,3 k €	-39.2%	160,0 k €	+195%	54,2 k €	-77.3%	238,9 k €	-28.8%	335,6 k €	+23.2%	272,3 k €	+17.8%	231,1 k €	+20.3%	192,2 k €	+68.9%	113,8 k €	+670%	14,8 k €
Net result	-272,7 k €	-735%	43,0 k €	-89.4%	406,0 k €	+216%	-349,3 k €	-320%	158,7 k €	+1156%	-15,0 k €	+50.0%	-30,1 k €	-229%	-9,1 k €	-117%	52,6 k €	-42.9%	92,1 k €	+4566%	-2,1 k €	-101%	162,5 k €	-17.9%	198,0 k €	+16.4%	170,1 k €	+30.0%	130,8 k €	+28.1%	102,1 k €	+144%	41,9 k €	-65.5%	121,5 k €
Balance sheet
Equity	14,4 k €	-95.0%	287,1 k €	0.0%	287,1 k €	+2.1%	281,1 k €	-66.1%	830,5 k €	+5.9%	784,5 k €	-1.9%	799,5 k €	-3.6%	829,6 k €	-1.1%	838,8 k €	-1.5%	851,2 k €	+12.1%	759,1 k €	-4.1%	791,1 k €	+25.9%	628,6 k €	+2.9%	610,7 k €	+5.2%	580,5 k €	+5.6%	549,7 k €	+5.2%	522,6 k €	+0.4%	520,7 k €
Total assets	601,9 k €	-30.5%	865,6 k €	-8.2%	942,4 k €	-17.6%	1,1 M €	-34.9%	1,8 M €	+14.3%	1,5 M €	-5.2%	1,6 M €	-1.6%	1,6 M €	-13.3%	1,9 M €	-4.0%	2,0 M €	+1.2%	2,0 M €	-8.6%	2,1 M €	-13.8%	2,5 M €	+10.0%	2,3 M €	+13.4%	2,0 M €	-5.5%	2,1 M €	+0.8%	2,1 M €	-3.0%	2,2 M €
Cash	212,7 k €	+4.9%	202,7 k €	-55.1%	451,6 k €	-0.3%	453,1 k €	+18.0%	384,2 k €	+125%	170,8 k €	+143%	70,3 k €	+19.0%	59,1 k €	-71.7%	208,8 k €	-31.3%	304,1 k €	+65.1%	184,2 k €	-28.2%	256,5 k €	-55.5%	577,0 k €	+106%	280,8 k €	+14.9%	244,4 k €	+225%	75,3 k €	-29.4%	106,7 k €	+23.4%	86,5 k €
Debts	587,4 k €	+1.5%	578,5 k €	-11.7%	655,3 k €	-24.1%	862,9 k €	-6.4%	921,6 k €	+23.2%	748,4 k €	-7.0%	804,9 k €	+2.8%	783,1 k €	-23.3%	1,0 M €	-5.6%	1,1 M €	-5.4%	1,1 M €	-11.2%	1,3 M €	-27.9%	1,8 M €	+13.8%	1,6 M €	+18.5%	1,3 M €	-9.3%	1,5 M €	-0.0%	1,5 M €	-3.6%	1,5 M €
Other
Workforce	15,4 ETP	+4.1%	14,8 ETP	-7.5%	16,0 ETP	0.0%	16,0 ETP	+3.9%	15,4 ETP	+2.7%	15,0 ETP	0.0%	15,0 ETP	-5.7%	15,9 ETP	+0.6%	15,8 ETP	+3.3%	15,3 ETP	+2.7%	14,9 ETP	-0.7%	15,0 ETP	+25.0%	12,0 ETP	+0.8%	11,9 ETP	+1.7%	11,7 ETP	+15.8%	10,1 ETP	+8.6%	9,3 ETP	+12.0%	8,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Machaman

Director · since 11 janvier 2024 · 0790.233.165

Represented by Christophe Knuysen

Active

Ended mandates

Machaman

Director · since 11 janvier 2024 · 0790.233.165

Represented by Christophe Knuysen

Ended

ANTONIUS VERMEEREN

Manager

Ended

KRIS MOLKENS

Manager

Ended

SORIC

Director · 0476.236.841

Represented by Kris MOLKENS

Ended

Annual accounts

Full financial information

	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	16/07/2026	03/06/2025	06/05/2024	28/06/2023	30/06/2022	22/06/2021
General meeting	22/06/2026	02/06/2025	02/05/2024	28/06/2023	27/06/2022	15/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/06/2026	16/07/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	03/06/2025	Dutch	PDF
Abridged model	31/12/2023	02/05/2024	06/05/2024	Dutch	PDF
Abridged model	31/12/2022	28/06/2023	28/06/2023	Dutch	PDF
Abridged model	31/12/2021	27/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	22/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	24/07/2020	Dutch	PDF
Abridged model	31/12/2018	17/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	11/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	15/07/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	30/04/2009	12/05/2009	Dutch	PDF
Abridged model	31/12/2007	23/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	31/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Machaman

Director · since 11 janvier 2024 · 0790.233.165

Represented by Christophe Knuysen

Active

Ended mandates

Machaman

Director · since 11 janvier 2024 · 0790.233.165

Represented by Christophe Knuysen

Ended

ANTONIUS VERMEEREN

Manager

Ended

KRIS MOLKENS

Manager

Ended

SORIC

Director · 0476.236.841

Represented by Kris MOLKENS

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates13/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/12/2006
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/08/2003
ONTSLAGEN - BENOEMINGEN
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

2025
Annual accounts 2025-272,7 k €↓
2024
Annual accounts 202443,0 k €↓
2023
Annual accounts 2023406,0 k €↑
2022
Annual accounts 2022-349,3 k €↓
2021
Annual accounts 2021158,7 k €↑
2018
Annual accounts 2018-15,0 k €↑
2017
Annual accounts 2017-30,1 k €↓
2016
Annual accounts 2016-9,1 k €↓
2015
Annual accounts 201552,6 k €↓
2014
Annual accounts 201492,1 k €↑
2013
Annual accounts 2013-2,1 k €↓
2012
Annual accounts 2012162,5 k €↓
2011
Annual accounts 2011198,0 k €↑
2010
Annual accounts 2010170,1 k €↑
2009
Annual accounts 2009130,8 k €↑
2008
Annual accounts 2008102,1 k €↑
2007
Annual accounts 200741,9 k €↓
2006
Annual accounts 2006121,5 k €
20/02/1991
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ADR Construct

Overview

What does ADR Construct do?

Trend over 18 financial years

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