NORMAL SITUATION

ADW SOFTWARE

Financial year 2026 · closed on 12/05/2026
Net result
3,3 k €
-92.9% YoY
Gross margin
3 k €
-94.2% YoY
Equity
400,3 k €
+0.8% YoY

Company — Normal situation.

Strike-off: 29 mai 2026

What does ADW SOFTWARE do?

ADW SOFTWARE is a Private limited company incorporated in 1991.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0445.097.663
Incorporation
12/09/1991
Legal form
Private limited company
Contributed capital
18 592,01 €
Latest accounts
12/05/2026
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202620252024202320222021
Income statement
Gross margin3 k €51,4 k €39,1 k €34,6 k €293,7 k €-8,1 k €
EBITDA2,8 k €49,7 k €-6,2 k €34,1 k €293,1 k €-8,6 k €
Operating result2,8 k €49,7 k €38,3 k €33,5 k €292,3 k €-54,1 k €
Net result3,3 k €46,3 k €35,8 k €30,7 k €263,7 k €-69,9 k €
Balance sheet
Equity400,3 k €397 k €350,7 k €314,9 k €284,2 k €73 k €
Total assets400,3 k €406,5 k €358,7 k €348 k €365,5 k €74,9 k €
Cash399,1 k €84,9 k €61,2 k €59,6 k €35,9 k €43,8 k €
Debts9,5 k €8 k €33,1 k €81,4 k €1,9 k €
Governance

Board of directors

Seen on filing of 12/05/2026 · 1 active · 1 ended

Active mandates

Alfons De Wolf

Director · until 12 mai 2026

Active

Ended mandates

Alfons De Wolf

Director

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202601/01/202501/01/202401/01/202301/01/202201/01/2021
Closing of the financial year12/05/202631/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year5 months12 months12 months12 months12 months12 months
Filing date26/05/202617/03/202613/06/202523/06/202430/06/202330/07/2022
General meeting12/05/202627/02/202606/06/202507/06/202402/06/202330/06/2022
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model12/05/202612/05/202626/05/2026DutchPDF
Micro model31/12/202527/02/202617/03/2026DutchPDF
Micro model31/12/202406/06/202513/06/2025DutchPDF
Micro model31/12/202307/06/202423/06/2024DutchPDF
Micro model31/12/202202/06/202330/06/2023DutchPDF
Micro model31/12/202130/06/202230/07/2022DutchPDF
Estimate

Indicative valuation

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 12/05/2026 · 1 active · 1 ended

Active mandates

Alfons De Wolf

Director · until 12 mai 2026

Active

Ended mandates

Alfons De Wolf

Director

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2026
    Annual accounts 20263,3 k €
  2. 2025
    Annual accounts 202546,3 k €
  3. 2024
    Annual accounts 202435,8 k €
  4. 2023
    Annual accounts 202330,7 k €
  5. 2022
    Annual accounts 2022263,7 k €
  6. 2021
    Annual accounts 2021-69,9 k €
  7. 12/09/1991
    IncorporationPrivate limited company