ACTIVE

MICHEL ADAM, KINESITHERAPEUTE

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Financial year 2025 · Closed on 31/12/2025

Net result5,8 k €-73,3 %over 1 year
Gross margin74,2 k €+4,8 %over 1 year
Equity14,3 k €+69,4 %over 1 year

Identity

Source · BCE/KBO

MICHEL ADAM, KINESITHERAPEUTE is a Private limited company incorporated in 2003. Its main activity is: Other human health activities. Its registered office is in Nandrin.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0480.125.947
Incorporation
30/04/2003
Legal form
Private limited company
Registered office
Tige sur le Mont 25
4550 Nandrin · WallonieSee on map
Contributed capital
6 525,93 €
Latest accounts
31/12/2025
Joint committees (1)
  • 330
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin74,2 k €70,8 k €27,9 k €59,9 k €53,8 k €
EBITDA13,8 k €39 k €21,8 k €6,5 k €16,3 k €
Operating result11,3 k €36,1 k €17,6 k €-9,6 k €378,8 €
Net result5,8 k €21,9 k €10,6 k €-11,3 k €-3,3 k €
Balance sheet
Equity14,3 k €8,4 k €28,9 k €18,3 k €29,6 k €
Total assets51,7 k €73,6 k €37,2 k €33,2 k €43,7 k €
Cash38,8 k €54,1 k €28,4 k €18,9 k €16,3 k €
Debts37,5 k €65,1 k €8,2 k €14,9 k €14,1 k €
Other
Workforce–––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Michel Adam

Managing director

Active

Ended mandates

Michel ADAM

Manager · since 03 avril 2003

Ended
Michel ADAM

Manager

Ended
MICHEL ADAM

Mandate

Ended
MICHEL ADAM

Director

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date22/09/202630/07/202530/08/202410/07/202316/08/202227/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202622/09/2026FrenchPDF
Micro model31/12/202430/06/202530/07/2025FrenchPDF
Micro model31/12/202330/06/202430/08/2024FrenchPDF
Micro model31/12/202230/06/202310/07/2023FrenchPDF
Micro model31/12/202130/06/202216/08/2022FrenchPDF
Micro model31/12/202030/06/202127/08/2021FrenchPDF
Micro model31/12/201930/06/202024/07/2020FrenchPDF
Micro model31/12/201830/06/201903/10/2019FrenchPDF
Micro model31/12/201730/06/201829/08/2018FrenchPDF
Micro model31/12/201630/06/201702/08/2017FrenchPDF
Abridged model31/12/201503/06/201625/08/2016FrenchPDF
Abridged model31/12/201425/09/201530/09/2015FrenchPDF
Abridged model31/12/201322/09/201429/09/2014FrenchPDF
Abridged model31/12/201208/08/201330/08/2013FrenchPDF
Abridged model31/12/201117/08/201228/08/2012FrenchPDF
Abridged model31/12/201029/08/201131/08/2011FrenchPDF
Abridged model31/12/200923/09/201025/10/2010FrenchPDF
Abridged model31/12/200820/09/200924/12/2009FrenchPDF
Abridged model31/12/200706/06/200829/08/2008FrenchPDF
Abridged model31/12/200601/06/200719/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 5 ended

Active mandates

Michel Adam

Managing director

Active

Ended mandates

Michel ADAM

Manager · since 03 avril 2003

Ended
Michel ADAM

Manager

Ended
MICHEL ADAM

Mandate

Ended
MICHEL ADAM

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates17/11/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
    PDF
  • Other09/05/2003
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

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 20255,8 k €↓
  2. 2024
    Annual accounts 202421,9 k €↑
  3. 2024
    Name changeMICHEL ADAM, KINESITHERAPEUTE
  4. 2023
    Annual accounts 202310,6 k €↑
  5. 2022
    Annual accounts 2022-11,3 k €↓
  6. 2021
    Annual accounts 2021-3,3 k €↓
  7. 2021
    Name changeADAM
  8. 2020
    Annual accounts 202010 k €↑
  9. 2019
    Annual accounts 20192 k €↓
  10. 2018
    Annual accounts 20183,6 k €↑
  11. 2017
    Annual accounts 2017-5,9 k €↓
  12. 2016
    Annual accounts 2016403,2 €↓
  13. 2015
    Annual accounts 201515,7 k €↑
  14. 2014
    Annual accounts 2014-2,7 k €↑
  15. 2013
    Annual accounts 2013-21,3 k €↓
  16. 2012
    Annual accounts 20122,5 k €↑
  17. 2011
    Annual accounts 2011-12,7 k €↓
  18. 2010
    Annual accounts 20109 k €↑
  19. 2009
    Annual accounts 20094,2 k €↓
  20. 2008
    Annual accounts 200813,6 k €↑
  21. 2007
    Annual accounts 2007-1,4 k €↓
  22. 2006
    Annual accounts 2006253,3 €
  23. 30/04/2003
    IncorporationPrivate limited company