ACTIVE

ADEQUATION

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

-120,1 k €

-215.2% YoY

Gross margin

-91,3 k €

-127.4% YoY

Equity

745,8 k €

-13.9% YoY

What does ADEQUATION do?

ADEQUATION is a Private limited company incorporated in 2002. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Genappe.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.566.839

Incorporation

08/01/2002

Legal form

Private limited company

Registered office

Chaussée de Bruxelles 6 box E
1470 Genappe · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

30/06/2025

Activities (NACE)

68201Rental and operating of own or leased real estate· main 68201Rental and operating of own or leased real estate 96099Other personal service activities n.e.c.96999Other personal service activities

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-91,3 k €	-127%	332,7 k €	+3174%	-10,8 k €	-508%	2,7 k €	-86.8%	20 k €	+84.0%	10,9 k €	-39.5%	18 k €	+175%	-23,9 k €	+68.3%	-75,5 k €	-217%	64,8 k €	+192%	-70,3 k €	-290%	37 k €	+39.5%	26,5 k €	-54.1%	57,7 k €	+39.3%	41,4 k €	+38.1%	30 k €	+33.6%	22,4 k €	+167%	-33,4 k €	+4.7%	-35 k €
EBITDA	-107,6 k €	-182%	130,7 k €	+381%	-46,5 k €	-37.5%	-33,8 k €	-28.8%	-26,3 k €	-51.6%	-17,3 k €	+1.0%	-17,5 k €	+49.6%	-34,7 k €	+55.3%	-77,7 k €	-220%	64,6 k €	+312%	15,7 k €	-55.7%	35,4 k €	+38.3%	25,6 k €	-55.7%	57,7 k €	+40.0%	41,2 k €	+37.4%	30 k €	+33.9%	22,4 k €	+166%	-33,8 k €	+29.1%	-47,7 k €
Operating result	-128,1 k €	-214%	112,3 k €	+282%	-61,6 k €	-17.5%	-52,5 k €	-61.9%	-32,4 k €	-33.0%	-24,4 k €	+11.5%	-27,6 k €	+36.6%	-43,5 k €	+52.4%	-91,2 k €	-289%	48,2 k €	+1743%	2,6 k €	-85.8%	18,5 k €	+80.9%	10,2 k €	-73.7%	38,8 k €	+72.8%	22,5 k €	+36.2%	16,5 k €	-10.9%	18,5 k €	+136%	-52,1 k €	-7.1%	-48,7 k €
Net result	-120,1 k €	-215%	104,2 k €	+511%	-25,3 k €	-251%	16,8 k €	-80.0%	83,9 k €	+80.1%	46,6 k €	+12.1%	41,6 k €	+36.3%	30,5 k €	+512%	-7,4 k €	-114%	53 k €	+17381%	303,5 €	-99.9%	436,8 k €	+19761%	2,2 k €	-89.9%	21,8 k €	+54.6%	14,1 k €	-28.0%	19,6 k €	-39.2%	32,2 k €	+140%	-80,7 k €	-178%	103,2 k €
Balance sheet
Equity	745,8 k €	-13.9%	865,9 k €	+13.7%	761,6 k €	-3.2%	787 k €	+2.2%	770,2 k €	+12.2%	686,3 k €	+7.3%	639,7 k €	+7.0%	598,1 k €	+5.4%	567,6 k €	-1.3%	575 k €	+10.2%	522 k €	+0.1%	521,7 k €	+514%	84,9 k €	-6.5%	90,8 k €	+31.6%	69 k €	-30.2%	98,8 k €	+24.7%	79,3 k €	+68.9%	46,9 k €	-54.8%	103,9 k €
Total assets	932,6 k €	-5.4%	986,1 k €	+21.6%	811,2 k €	-2.5%	831,9 k €	-6.0%	885,1 k €	+11.0%	797,7 k €	+3.2%	773,2 k €	-1.4%	783,9 k €	+1.8%	770,4 k €	-23.5%	1 M €	+18.2%	852,1 k €	+8.9%	782,4 k €	+170%	289,8 k €	+9.4%	264,9 k €	+15.6%	229,1 k €	+2.4%	223,8 k €	-9.5%	247,4 k €	+49.9%	165 k €	-43.5%	292 k €
Cash	69 k €	-80.0%	344,6 k €	+8399%	4,1 k €	-74.5%	15,9 k €	-55.1%	35,3 k €	+32.2%	26,7 k €	+1158%	2,1 k €	+3774%	54,8 €	-98.9%	5,1 k €	+49.8%	3,4 k €	-70.3%	11,5 k €	+80.9%	6,4 k €	-68.7%	20,3 k €	-14.4%	23,8 k €	-62.7%	63,7 k €	+99.2%	32 k €	-7.1%	34,4 k €	-57.5%	81 k €	-65.4%	234,2 k €
Debts	186,8 k €	+55.3%	120,3 k €	+142%	49,6 k €	+10.3%	45 k €	-60.8%	114,9 k €	+3.1%	111,4 k €	-16.2%	133 k €	-27.1%	182,4 k €	-9.8%	202,3 k €	-53.2%	432 k €	+30.9%	330,1 k €	+88.9%	174,8 k €	+46.9%	119 k €	+34.8%	88,2 k €	+18.9%	74,2 k €	-12.7%	85 k €	-49.4%	168,1 k €	+42.4%	118,1 k €	-37.2%	188,1 k €
Other
Workforce	–		–		0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+150%	0,4 ETP		–		–		–		–		–		–		–		–		–		–		0,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 7 ended

Active mandates

Max-Paul LOISEAU

Director · since 20 décembre 2023

Active

Ended mandates

Bob LOISEAU

Director · since 15 février 2019 · until 14 février 2025

Ended

Margaux LOISEAU

Director · since 02 novembre 2018 · until 01 novembre 2024

Ended

Max-Pol LOISEAU

Managing director · since 02 novembre 2018 · until 01 novembre 2024

Ended

Margaux LOISEAU

Director · since 25 octobre 2012 · until 02 novembre 2018

Ended

At this address

Other companies at this address

Company	CBE no.
BiOooh !● Bankrupt	0834.272.848
l'atelier Fleuri● Active	0860.070.294
MAZY ROBIN● Active	0867.102.103
SOBELEX & CO● Active	0739.802.073

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/02/2026	31/01/2025	29/01/2024	31/01/2023	31/01/2022	29/01/2021
General meeting	30/01/2026	28/01/2025	03/11/2023	19/01/2023	05/11/2021	06/11/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	30/01/2026	11/02/2026	French	PDF
Micro model	30/06/2024	28/01/2025	31/01/2025	French	PDF
Abridged model	30/06/2023	03/11/2023	29/01/2024	French	PDF
Abridged model	30/06/2022	19/01/2023	31/01/2023	French	PDF
Abridged model	30/06/2021	05/11/2021	31/01/2022	French	PDF
Abridged model	30/06/2020	06/11/2020	29/01/2021	French	PDF
Abridged model	30/06/2019	01/11/2019	31/01/2020	French	PDF
Abridged model	30/06/2018	02/11/2018	31/01/2019	French	PDF
Abridged model	30/06/2017	03/11/2017	31/01/2018	French	PDF
Abridged model	30/06/2016	27/01/2017	31/01/2017	French	PDF
Abridged model	30/06/2015	26/01/2016	30/01/2016	French	PDF
Abridged model	30/06/2014	07/02/2015	27/02/2015	French	PDF
Abridged model	30/06/2013	04/11/2013	28/02/2014	French	PDF
Abridged model	30/06/2012	02/11/2012	26/02/2013	French	PDF
Abridged model	30/06/2011	04/11/2011	28/02/2012	French	PDF
Abridged model	30/06/2010	05/11/2010	23/02/2011	French	PDF
Abridged model	30/06/2009	06/11/2009	29/01/2010	French	PDF
Abridged model	30/06/2008	07/11/2008	27/02/2009	French	PDF
Abridged model	30/06/2007	02/11/2007	05/02/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/06/2025 · 1 active · 7 ended

Active mandates

Max-Paul LOISEAU

Director · since 20 décembre 2023

Active

Ended mandates

Bob LOISEAU

Director · since 15 février 2019 · until 14 février 2025

Ended

Margaux LOISEAU

Director · since 02 novembre 2018 · until 01 novembre 2024

Ended

Max-Pol LOISEAU

Managing director · since 02 novembre 2018 · until 01 novembre 2024

Ended

Margaux LOISEAU

Director · since 25 octobre 2012 · until 02 novembre 2018

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates03/06/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/04/2017
MAATSCHAPPELIJKE ZETEL
PDF
Registered office21/01/2014
SIEGE SOCIAL
PDF
Mandates12/11/2012
DEMISSIONS, NOMINATIONS
PDF
Registered office29/02/2008
SIEGE SOCIAL
PDF
Mandates22/01/2007
DEMISSIONS, NOMINATIONS
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 2025-120,1 k €↓
2024
Annual accounts 2024104,2 k €↑
2023
Annual accounts 2023-25,3 k €↓
2022
Annual accounts 202216,8 k €↓
2021
Annual accounts 202183,9 k €↑
2020
Annual accounts 202046,6 k €↑
2019
Annual accounts 201941,6 k €↑
2018
Annual accounts 201830,5 k €↑
2017
Annual accounts 2017-7,4 k €↓
2016
Annual accounts 201653 k €↑
2015
Annual accounts 2015303,5 €↓
2014
Annual accounts 2014436,8 k €↑
2013
Annual accounts 20132,2 k €↓
2012
Annual accounts 201221,8 k €↑
2011
Annual accounts 201114,1 k €↓
2010
Annual accounts 201019,6 k €↓
2009
Annual accounts 200932,2 k €↑
2008
Annual accounts 2008-80,7 k €↓
2007
Annual accounts 2007103,2 k €
08/01/2002
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

ADEQUATION

Overview

What does ADEQUATION 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