ACTIVE

ADESKO

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Financial year 2025 · closed on 31/12/2025

Net result

5,1 k €

-30.3% YoY

Gross margin

79,3 k €

+7.3% YoY

Equity

450 k €

+1.1% YoY

What does ADESKO do?

ADESKO is a Public limited company incorporated in 1991. Its main activity is: Joinery installation. Its registered office is in Dessel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.020.558

Incorporation

06/09/1991

Legal form

Public limited company

Registered office

Schans 4
2480 Dessel · FlandreSee on map

Contributed capital

125 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 45422Sale, maintenance and repair of motorcycles and related parts and accessories

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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	79,3 k €	+7.3%	73,9 k €	-0.2%	74,1 k €	+51.6%	48,8 k €	+29.7%	37,7 k €	-84.2%	237,6 k €	+5.2%	225,9 k €	+34.7%	167,7 k €	-12.3%	191,1 k €	-12.0%	217,1 k €	-7.3%	234,2 k €	-26.9%	320,5 k €	+7.3%	298,6 k €	-29.4%	422,7 k €	+11.8%	378,2 k €	-3.9%	393,6 k €	-12.0%	447 k €	-2.5%	458,3 k €
EBITDA	55,3 k €	+16.4%	47,5 k €	-10.1%	52,8 k €	+85.6%	28,5 k €	+67.3%	17 k €	-56.5%	39,1 k €	+8.7%	36 k €	-18.8%	44,3 k €	+19.4%	37,1 k €	+17.7%	31,6 k €	+24.1%	25,4 k €	-17.7%	30,9 k €	+96.4%	15,7 k €	-88.8%	140,1 k €	+21.8%	115,1 k €	-7.7%	124,7 k €	+22.8%	101,5 k €	+138%	42,7 k €
Operating result	24,3 k €	-15.2%	28,7 k €	-19.4%	35,6 k €	+49.3%	23,9 k €	+92.7%	12,4 k €	-14.8%	14,5 k €	+48.2%	9,8 k €	-35.8%	15,3 k €	-15.6%	18,1 k €	-21.5%	23,1 k €	+111%	10,9 k €	-30.6%	15,7 k €	+179%	-20 k €	-139%	51,2 k €	+170%	19 k €	-33.0%	28,3 k €	+14.0%	24,8 k €	+145%	-55,4 k €
Net result	5,1 k €	-30.3%	7,3 k €	-54.7%	16,1 k €	+41.1%	11,4 k €	+873%	1,2 k €	-72.6%	4,3 k €	+53.8%	2,8 k €	-84.4%	17,9 k €	+22.7%	14,6 k €	-26.1%	19,7 k €	+86.5%	10,6 k €	+20.8%	8,8 k €	+128%	-31,2 k €	-183%	37,6 k €	+279%	9,9 k €	-40.7%	16,7 k €	+19.4%	14 k €	+122%	-63,1 k €
Balance sheet
Equity	450 k €	+1.1%	444,9 k €	+0.0%	444,9 k €	+0.6%	442,2 k €	+2.7%	430,8 k €	+2.8%	419,1 k €	+1.0%	414,8 k €	+0.7%	412 k €	+4.5%	394,2 k €	+3.8%	379,6 k €	+5.5%	359,9 k €	+3.0%	349,3 k €	+2.6%	340,5 k €	-8.4%	371,7 k €	+11.3%	334,1 k €	+3.1%	324,2 k €	+5.4%	307,5 k €	+4.8%	293,5 k €
Total assets	756,9 k €	-5.2%	798,3 k €	-2.7%	820,6 k €	+10.9%	739,7 k €	-2.4%	757,9 k €	-31.7%	1,1 M €	+45.9%	760 k €	-12.8%	871,2 k €	+18.3%	736,2 k €	+30.7%	563,4 k €	+9.0%	516,9 k €	-22.9%	670,9 k €	+27.7%	525,6 k €	-21.0%	665,4 k €	-15.8%	790,1 k €	-4.3%	825,5 k €	-6.6%	883,7 k €	+24.5%	709,9 k €
Cash	8,7 k €		0 €	-100%	6,7 k €	+107%	3,2 k €	-33.7%	4,9 k €	-72.5%	17,7 k €	+26.8%	14 k €	-49.3%	27,6 k €	-81.2%	146,9 k €	+180%	52,5 k €	+356%	11,5 k €	-50.5%	23,3 k €	+639%	3,2 k €	-98.0%	154,8 k €	+695%	19,5 k €	-10.6%	21,8 k €	+10.6%	19,7 k €	-31.6%	28,8 k €
Debts	306,9 k €	-13.2%	353,3 k €	-6.0%	375,8 k €	+26.3%	297,5 k €	-9.1%	327,1 k €	-52.6%	689,7 k €	+99.8%	345,2 k €	-24.6%	457,7 k €	+33.8%	342 k €	+86.1%	183,8 k €	+17.0%	157,1 k €	-51.2%	321,6 k €	+73.8%	185 k €	-37.0%	293,7 k €	-35.6%	456 k €	-9.0%	501,3 k €	-13.0%	576,2 k €	+38.4%	416,5 k €
Other
Workforce	–		–		–		–		–		5,7 ETP	+7.5%	5,3 ETP	+29.3%	4,1 ETP	+13.9%	3,6 ETP	-18.2%	4,4 ETP	-18.5%	5,4 ETP	-14.3%	6,3 ETP	-10.0%	7,0 ETP	+2.9%	6,8 ETP	+4.6%	6,5 ETP	-1.5%	6,6 ETP	-17.5%	8,0 ETP	-23.1%	10,4 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 · 24 ended

Active mandates

ADESKO INVEST

Director · since 15 juin 2021 · 0859.817.007

Represented by Frank DOORNAERT

Active

Ended mandates

ADESKO INVEST

Director · since 15 juin 2021 · until 15 juin 2027 · 0859.817.007

Represented by Doornaert FRANK

Ended

Katia Doornaert

Director · since 15 juin 2021 · until 15 juin 2027

Ended

Patricia Doornaert

Director · since 15 juin 2021 · until 15 juin 2027

Ended

Katia Doornaert

Director · since 18 juin 2019 · until 17 juin 2025

Ended

At this address

Other companies at this address

Company	CBE no.
ADESKO ENGINEERING & CONSTRUCTION● Active	0899.279.377
ADESKO INVEST● Active	0859.817.007
ADESKO PAPER AND PULP● Active	0879.899.371
Innotec Holding● Active	0772.287.076
Innotec Management● Active	0772.736.345
PCS Innotec International● Active	0427.247.782

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	30/06/2026	14/08/2025	19/07/2024	31/08/2023	28/06/2022	15/07/2021
General meeting	16/06/2026	17/06/2025	18/06/2024	20/06/2023	21/06/2022	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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	17/06/2025	14/08/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	21/06/2022	28/06/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	15/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	22/10/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	18/06/2019	20/09/2019	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	19/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	21/06/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	17/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/06/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	15/06/2010	27/08/2010	Dutch	PDF
Abridged model	31/12/2008	16/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	17/06/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	19/06/2007	06/07/2007	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 · 24 ended

Active mandates

ADESKO INVEST

Director · since 15 juin 2021 · 0859.817.007

Represented by Frank DOORNAERT

Active

Ended mandates

ADESKO INVEST

Director · since 15 juin 2021 · until 15 juin 2027 · 0859.817.007

Represented by Doornaert FRANK

Ended

Katia Doornaert

Director · since 15 juin 2021 · until 15 juin 2027

Ended

Patricia Doornaert

Director · since 15 juin 2021 · until 15 juin 2027

Ended

Katia Doornaert

Director · since 18 juin 2019 · until 17 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/12/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/09/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/03/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/10/2003
ONTSLAGEN - BENOEMINGEN - BENAMING - KAPITAAL - AANDELEN - BOEKJAAR - 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

2025
Annual accounts 20255,1 k €↓
2024
Annual accounts 20247,3 k €↓
2023
Annual accounts 202316,1 k €↑
2022
Annual accounts 202211,4 k €↑
2021
Annual accounts 20211,2 k €↓
2018
Annual accounts 20184,3 k €↑
2017
Annual accounts 20172,8 k €↓
2016
Annual accounts 201617,9 k €↑
2015
Annual accounts 201514,6 k €↓
2014
Annual accounts 201419,7 k €↑
2013
Annual accounts 201310,6 k €↑
2012
Annual accounts 20128,8 k €↑
2011
Annual accounts 2011-31,2 k €↓
2010
Annual accounts 201037,6 k €↑
2009
Annual accounts 20099,9 k €↓
2008
Annual accounts 200816,7 k €↑
2007
Annual accounts 200714 k €↑
2006
Annual accounts 2006-63,1 k €
06/09/1991
IncorporationPublic 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

ADESKO

Overview

What does ADESKO do?

Trend over 18 financial years

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