ACTIVE

ADMISOL

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Financial year 2025 · closed on 31/12/2025

Net result

679,4 k €

+6.7% YoY

Gross margin

1,6 M €

-1.3% YoY

Equity

2,7 M €

+34.1% YoY

Workforce

8,0 ETP

-24.5% YoY

What does ADMISOL do?

ADMISOL is a Public limited company incorporated in 2000. Its registered office is in Sint-Martens-Latem. It employs on average 8,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.029.822

Incorporation

18/02/2000

Legal form

Public limited company

Registered office

Kortrijksesteenweg 180 box 3
9830 Sint-Martens-Latem · FlandreSee on map

Contributed capital

192 000,00 €

Latest accounts

31/12/2025

Average workforce

8,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,6 M €	-1.3%	1,6 M €	+38.4%	1,2 M €	+24.8%	938,9 k €	-29.3%	1,3 M €	+9.6%	1,2 M €	+20.1%	1 M €	+19.7%	843,4 k €	+10.8%	761,4 k €	+28.4%	593 k €	+17.5%	504,8 k €	+5.8%	477,2 k €	+33.9%	356,5 k €	+18.6%	300,6 k €	+30.1%	231,1 k €	+24.6%	185,5 k €	+32.3%	140,3 k €	+39.8%	100,4 k €	-35.6%	155,9 k €
EBITDA	981 k €	+1.2%	969,4 k €	+837%	103,5 k €	-80.7%	537,5 k €	-47.2%	1 M €	+8.2%	940,6 k €	+41.0%	666,9 k €	+24.1%	537,5 k €	+23.0%	436,9 k €	+42.6%	306,3 k €	+18.1%	259,5 k €	+1.6%	255,3 k €	+29.7%	196,8 k €	+15.0%	171 k €	+38.3%	123,7 k €	+15.4%	107,2 k €	+47.3%	72,7 k €	+46.5%	49,6 k €	-58.7%	120,1 k €
Operating result	914,9 k €	+5.8%	864,4 k €	+13015%	-6,7 k €	-102%	393,9 k €	-55.9%	892,5 k €	+11.1%	803,4 k €	+38.8%	578,9 k €	+24.8%	464 k €	+24.6%	372,4 k €	+46.1%	254,8 k €	+37.7%	185 k €	-5.3%	195,4 k €	+53.5%	127,3 k €	+27.1%	100,1 k €	+64.8%	60,8 k €	-3.8%	63,2 k €	+41.0%	44,8 k €	+128%	19,7 k €	-76.1%	82,5 k €
Net result	679,4 k €	+6.7%	636,4 k €	+4414%	-14,8 k €	-105%	283,1 k €	-54.3%	619,5 k €	+5.3%	588,1 k €	+45.7%	403,7 k €	+47.1%	274,4 k €	+23.5%	222,2 k €	+41.6%	156,9 k €	+38.5%	113,3 k €	+59.6%	71 k €	-43.5%	125,7 k €	+38.8%	90,5 k €	+75.4%	51,6 k €	-6.6%	55,3 k €	+37.9%	40,1 k €	+150%	16,1 k €	-78.6%	75 k €
Balance sheet
Equity	2,7 M €	+34.1%	2 M €	+46.9%	1,4 M €	-1.1%	1,4 M €	-55.6%	3,1 M €	+52.5%	2 M €	+38.6%	1,5 M €	+35.1%	1,1 M €	+30.1%	830,8 k €	+31.3%	632,6 k €	+26.6%	499,7 k €	+21.8%	410,4 k €	+5.9%	387,4 k €	+48.0%	261,7 k €	+53.1%	170,9 k €	+43.3%	119,3 k €	+86.4%	64 k €	+168%	23,9 k €	+205%	7,9 k €
Total assets	3,3 M €	+23.5%	2,7 M €	+31.3%	2,1 M €	+8.9%	1,9 M €	-47.1%	3,6 M €	+55.2%	2,3 M €	+20.5%	1,9 M €	+37.8%	1,4 M €	+33.7%	1 M €	+24.1%	837,4 k €	+26.5%	662,1 k €	+24.8%	530,4 k €	+8.6%	488,5 k €	+51.7%	322 k €	-10.7%	360,7 k €	+19.9%	300,9 k €	+21.0%	248,7 k €	+5.7%	235,3 k €	+6.9%	220,1 k €
Cash	2,8 M €	+28.9%	2,1 M €	+49.8%	1,4 M €	+59.4%	899,9 k €	-65.9%	2,6 M €	+143%	1,1 M €	-1.2%	1,1 M €	+6.5%	1 M €	+39.8%	737,9 k €	+43.7%	513,6 k €	+49.6%	343,3 k €	+2.8%	333,9 k €	+26.8%	263,3 k €	+201%	87,4 k €	-31.1%	126,8 k €	+185%	44,5 k €	+66.1%	26,8 k €	+88.0%	14,3 k €	-47.0%	26,9 k €
Debts	164,9 k €	-32.5%	244,3 k €	+17.9%	207,2 k €	+19.1%	173,9 k €	+13.6%	153,1 k €	-46.0%	283,4 k €	-34.4%	431,9 k €	+47.8%	292,2 k €	+54.4%	189,2 k €	-2.4%	193,8 k €	+27.1%	152,5 k €	+43.0%	106,7 k €	+16.7%	91,4 k €	+74.7%	52,3 k €	-72.4%	189,8 k €	+4.5%	181,6 k €	-1.7%	184,7 k €	-12.6%	211,3 k €	-0.4%	212,3 k €
Other
Workforce	8,0 ETP	-24.5%	10,6 ETP	+14.0%	9,3 ETP	+60.3%	5,8 ETP	-12.1%	6,6 ETP	-14.3%	7,7 ETP	-1.3%	7,8 ETP	-4.9%	8,2 ETP	-1.2%	8,3 ETP	+13.7%	7,3 ETP	+21.7%	6,0 ETP	+20.0%	5,0 ETP	+66.7%	3,0 ETP	0.0%	3,0 ETP	-25.0%	4,0 ETP	+100%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	+33.3%	1,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 18 ended

Active mandates

Adriaan Conickx

Bestuurder · since 10 novembre 2025 · until 10 novembre 2031

Active

Ellen Sano

Bestuurder · since 23 mai 2025 · until 10 novembre 2025

Active

Billie Jane

Bestuurder · since 24 mars 2023 · until 23 mai 2025 · 0719.595.785

Represented by Laurent Eeckhout

Active

Ended mandates

Ellen Sano

Bestuurder · since 23 mai 2025 · until 23 mai 2031

Ended

Billie Jane

Bestuurder · since 24 mars 2023 · until 24 mars 2029 · 0719.595.785

Represented by Laurent Eeckhout

Ended

Visma Belgium Holding

Gedelegeerd bestuurder · since 01 janvier 2022 · until 24 mars 2023 · 0754.932.390

Represented by Adeshkoemar Shasikant Rambhajan

Ended

Visma Belgium Holding

Gedelegeerd bestuurder · since 01 janvier 2022 · until 24 mars 2023 · 0754.932.390

Represented by Adeshkoemar Shasikant Rambhajan

Ended

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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	02/07/2026	03/07/2025	30/07/2024	10/07/2023	31/08/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	23/07/2024	30/06/2023	31/08/2022	18/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	02/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	23/07/2024	30/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	10/07/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	18/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	23/07/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	23/06/2018	24/08/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	20/07/2016	Dutch	PDF
Abridged modelCorrection	31/12/2014	19/06/2015	09/09/2015	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	18/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/08/2013	21/08/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	21/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	03/08/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	20/07/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	19/06/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	07/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 · 18 ended

Active mandates

Adriaan Conickx

Bestuurder · since 10 novembre 2025 · until 10 novembre 2031

Active

Ellen Sano

Bestuurder · since 23 mai 2025 · until 10 novembre 2025

Active

Billie Jane

Bestuurder · since 24 mars 2023 · until 23 mai 2025 · 0719.595.785

Represented by Laurent Eeckhout

Active

Ended mandates

Ellen Sano

Bestuurder · since 23 mai 2025 · until 23 mai 2031

Ended

Billie Jane

Bestuurder · since 24 mars 2023 · until 24 mars 2029 · 0719.595.785

Represented by Laurent Eeckhout

Ended

Visma Belgium Holding

Gedelegeerd bestuurder · since 01 janvier 2022 · until 24 mars 2023 · 0754.932.390

Represented by Adeshkoemar Shasikant Rambhajan

Ended

Visma Belgium Holding

Gedelegeerd bestuurder · since 01 janvier 2022 · until 24 mars 2023 · 0754.932.390

Represented by Adeshkoemar Shasikant Rambhajan

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2026
ZETEL, ONTSLAGEN, BENOEMINGEN
PDF
Mandates22/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2023
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office09/03/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/03/2012
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 2025679,4 k €↑
2024
Annual accounts 2024636,4 k €↑
2023
Annual accounts 2023-14,8 k €↓
2022
Annual accounts 2022283,1 k €↓
2021
Annual accounts 2021619,5 k €↑
2019
Annual accounts 2019588,1 k €↑
2018
Annual accounts 2018403,7 k €↑
2017
Annual accounts 2017274,4 k €↑
2016
Annual accounts 2016222,2 k €↑
2015
Annual accounts 2015156,9 k €↑
2014
Annual accounts 2014113,3 k €↑
2013
Annual accounts 201371 k €↓
2012
Annual accounts 2012125,7 k €↑
2011
Annual accounts 201190,5 k €↑
2010
Annual accounts 201051,6 k €↓
2009
Annual accounts 200955,3 k €↑
2008
Annual accounts 200840,1 k €↑
2007
Annual accounts 200716,1 k €↓
2006
Annual accounts 200675 k €
18/02/2000
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

ADMISOL

Overview

What does ADMISOL do?

Trend over 19 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