ACTIVE

ADICAR

Financial year 2025 · closed on 31/12/2025
Net result
14,4 k €
+118.8% YoY
Gross margin
16 k €
+370.1% YoY
Equity
-567,8 k €
+2.5% YoY

What does ADICAR do?

ADICAR is a Public limited company incorporated in 1994. Its main activity is: Retail sale of beverages in specialised stores. Its registered office is in Koksijde.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.121.048
Incorporation
14/07/1994
Legal form
Public limited company
Registered office
Grensstraat(Kok) 2
8670 Koksijde · FlandreSee on map
Contributed capital
110 000,00 €
Latest accounts
31/12/2025
Joint committees (4)
  • 119
  • 200
  • 201
  • 218
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011200820072006
Income statement
Gross margin16 k €-5,9 k €228,5 k €-87,7 k €-171,7 k €3,4 k €72,5 k €63,8 k €
EBITDA14,9 k €-76,5 k €151 k €-308,8 k €-380,4 k €-182,6 k €-95,3 k €-149,1 k €-41,5 k €649,4 k €982,4 k €710,4 k €572,4 k €457,3 k €549,6 k €-66,8 k €381,3 k €199,8 k €
Operating result14,9 k €-77,3 k €111,6 k €-387,2 k €-459,3 k €-256,5 k €-166,7 k €-205,8 k €-131,6 k €565,6 k €900,5 k €636,2 k €493,1 k €421,6 k €429,9 k €-224,3 k €233,1 k €43,2 k €
Net result14,4 k €-76,7 k €111,1 k €-385,9 k €-460,4 k €-304,7 k €-171,2 k €-209,7 k €-236,8 k €198,2 k €382,9 k €343,2 k €324,4 k €353,3 k €451,2 k €-101,2 k €213,7 k €124,9 k €
Balance sheet
Equity-567,8 k €-582,2 k €-505,5 k €-616,6 k €-230,8 k €229,6 k €534,3 k €705,5 k €915,2 k €1,2 M €953,8 k €570,8 k €227,6 k €2,4 M €2 M €4,3 M €4,9 M €5,2 M €
Total assets27,9 k €12,5 k €89,7 k €724,9 k €851,2 k €1,1 M €1,9 M €2,1 M €3,6 M €5,6 M €6,2 M €5,6 M €5,2 M €4,5 M €3,7 M €5,1 M €6,3 M €6,2 M €
Cash3 k €1,1 k €12,6 k €13,5 k €36,7 k €456,3 k €123,2 k €498,3 k €78,4 k €229,1 k €156 k €140,3 k €411,8 k €222 k €195,1 k €1,2 M €626 k €511,3 k €
Debts595,7 k €594,6 k €595,2 k €1,3 M €1,1 M €919,8 k €1,4 M €1,4 M €2,6 M €4,4 M €5,2 M €5 M €5 M €2,1 M €1,7 M €761,4 k €1,4 M €965,2 k €
Other
Workforce0,0 ETP3,0 ETP2,3 ETP3,8 ETP3,1 ETP2,8 ETP4,3 ETP4,2 ETP4,8 ETP5,4 ETP4,3 ETP3,8 ETP3,0 ETP4,4 ETP4,6 ETP4,6 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 · 3 active · 38 ended

Active mandates

Kristof Lefever

Director · since 21 mai 2026 · until 13 juin 2031

Active
HEMAX BE

Managing director · since 13 juin 2025 · until 13 juin 2031 · 0826.443.166

Represented by Miranda Provoost

Active
V-Park

Director · since 13 juin 2025 · until 21 mai 2026 · 0678.746.909

Represented by Kristof Lefever

Active

Ended mandates

V-Park

Director · since 21 octobre 2020 · until 13 juin 2025 · 0678.746.909

Represented by Kristof LEFEVER

Ended
V-Park

Director · since 21 octobre 2020 · until 13 juin 2025 · 0678.746.909

Represented by Lefever KRISTOF

Ended
V-Park

Director · since 21 janvier 2020 · 0678.746.909

Represented by Kristof LEFEVER

Ended
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Mandate · since 01 janvier 2016 · until 09 juin 2017 · 0431.088.289

Represented by Bruno Pouseele

Ended
At this address

Other companies at this address

CompanyCBE no.
0777.801.329
HEMAX BEActive
0826.443.166
LTPZ OverseasActive
0696.803.161
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelMicro modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/07/202629/08/202516/07/202418/07/202308/07/202223/07/2021
General meeting30/06/202631/07/202530/06/202430/06/202310/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202622/07/2026DutchPDF
Abridged model31/12/202431/07/202529/08/2025DutchPDF
Micro model31/12/202330/06/202416/07/2024DutchPDF
Abridged model31/12/202230/06/202318/07/2023DutchPDF
Abridged model31/12/202110/06/202208/07/2022DutchPDF
Abridged model31/12/202030/06/202123/07/2021DutchPDF
Abridged model31/12/201930/06/202017/07/2020DutchPDF
Abridged model31/12/201814/06/201910/07/2019DutchPDF
Full model31/12/201708/06/201805/07/2018DutchPDF
Full model31/12/201609/06/201728/06/2017DutchPDF
Full model31/12/201510/06/201623/06/2016DutchPDF
Full model31/12/201430/06/201515/07/2015DutchPDF
Full model31/12/201330/08/201426/09/2014DutchPDF
Full model31/12/201219/07/201320/08/2013DutchPDF
Full model31/12/201129/06/201221/08/2012DutchPDF
Full model31/12/201030/06/201116/08/2011DutchPDF
Full model31/12/200911/06/201030/08/2010DutchPDF
Full model31/12/200812/06/200917/07/2009DutchPDF
Full model31/12/200713/06/200804/07/2008DutchPDF
Full model31/12/200608/06/200706/07/2007DutchPDF
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 · 3 active · 38 ended

Active mandates

Kristof Lefever

Director · since 21 mai 2026 · until 13 juin 2031

Active
HEMAX BE

Managing director · since 13 juin 2025 · until 13 juin 2031 · 0826.443.166

Represented by Miranda Provoost

Active
V-Park

Director · since 13 juin 2025 · until 21 mai 2026 · 0678.746.909

Represented by Kristof Lefever

Active

Ended mandates

V-Park

Director · since 21 octobre 2020 · until 13 juin 2025 · 0678.746.909

Represented by Kristof LEFEVER

Ended
V-Park

Director · since 21 octobre 2020 · until 13 juin 2025 · 0678.746.909

Represented by Lefever KRISTOF

Ended
V-Park

Director · since 21 janvier 2020 · 0678.746.909

Represented by Kristof LEFEVER

Ended
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES

Mandate · since 01 janvier 2016 · until 09 juin 2017 · 0431.088.289

Represented by Bruno Pouseele

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/02/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates23/10/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates02/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2011
    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

Timeline

  1. 2025
    Annual accounts 202514,4 k €
  2. 2024
    Annual accounts 2024-76,7 k €
  3. 2023
    Annual accounts 2023111,1 k €
  4. 2022
    Annual accounts 2022-385,9 k €
  5. 2021
    Annual accounts 2021-460,4 k €
  6. 2020
    Annual accounts 2020-304,7 k €
  7. 2019
    Annual accounts 2019-171,2 k €
  8. 2018
    Annual accounts 2018-209,7 k €
  9. 2017
    Annual accounts 2017-236,8 k €
  10. 2016
    Annual accounts 2016198,2 k €
  11. 2015
    Annual accounts 2015382,9 k €
  12. 2014
    Annual accounts 2014343,2 k €
  13. 2013
    Annual accounts 2013324,4 k €
  14. 2012
    Annual accounts 2012353,3 k €
  15. 2011
    Annual accounts 2011451,2 k €
  16. 2008
    Annual accounts 2008-101,2 k €
  17. 2007
    Annual accounts 2007213,7 k €
  18. 2006
    Annual accounts 2006124,9 k €
  19. 14/07/1994
    IncorporationPublic limited company