VOLUNTARY DISSOLUTION - LIQUIDATION

ADAGES CAPITAL ADMINISTRATION

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Company — Voluntary dissolution - liquidation.

Financial year 2026 · Closed on 31/03/2026

Net result-1,7 k €+40,0 %over 1 year

Gross margin-1,7 k €+39,4 %over 1 year

Equity11,4 k €-12,7 %over 1 year

Identity

Source · BCE/KBO

ADAGES CAPITAL ADMINISTRATION is a Private company with limited liability incorporated in 2013. Its registered office is in Etterbeek.

Legal situation: Voluntary dissolution - liquidation
BCE/KBO no. / VAT: BE 0540.757.776
Incorporation: 11/10/2013
Legal form: Private company with limited liability
Registered office: Rue Abbé Cuypers 3
1040 Etterbeek · BruxellesSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/03/2026

Financials

Source · NBB, 12 filings

Trend over 12 financial years

	2026		2025		2024		2023		2022
Income statement
Gross margin	-1,7 k €	+39.4%	-2,8 k €	-1556%	-170,9 €	+97.3%	-6,2 k €	-105%	136,7 k €
EBITDA	-1,7 k €	+39.4%	-2,8 k €	-1556%	-170,9 €	+97.3%	-6,2 k €	-105%	136,7 k €
Operating result	-1,7 k €	+39.4%	-2,8 k €	-1556%	-170,9 €	+97.3%	-6,2 k €	-105%	136,7 k €
Net result	-1,7 k €	+40.0%	-2,8 k €	-2619%	-101,7 €	-100%	121 k €	+551%	-26,8 k €
Balance sheet
Equity	11,4 k €	-12.7%	13,1 k €	-17.5%	15,8 k €	-0.6%	15,9 k €	+115%	-105,1 k €
Total assets	89,5 k €	-2.6%	92 k €	-2.9%	94,7 k €	-29.3%	134 k €	-11.9%	152,2 k €
Cash	89,3 k €	-2.7%	91,7 k €	-2.9%	94,5 k €	-29.3%	133,8 k €	-12.0%	151,9 k €
Debts	78,1 k €	-1.0%	78,9 k €	0.0%	78,9 k €	-33.2%	118,1 k €	-9.3%	130,2 k €
Other
Workforce	–		–		–		–		–

Board of directors

Source · NBB, accounts to 31/03/2026

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Catherine HERINCKX	Liquidatorsince 16/10/2020

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Catherine HENRINCKX	Liquidator16/10/2020 → 2023 accounts
Catherine HERINKX	Liquidator16/10/2020 → 2021 accounts
ALTEA INVEST0538.620.907Represented by Stephane ETCHAYDE	Manager2015 accounts

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Rue Abbé Cuypers 3 1040 Etterbeek

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Full financial information

Source · NBB

	2026	2025	2024	2023	2022	2021
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/03/2026	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/09/2026	13/10/2025	14/03/2025	14/03/2025	14/03/2025	12/03/2025
General meeting	–	–	–	–	–	–
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 12 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2026	—	21/09/2026	French	PDF
Micro model	31/03/2025	—	13/10/2025	French	PDF
Micro model	31/03/2024	—	14/03/2025	French	PDF
Micro model	31/03/2023	—	14/03/2025	French	PDF
Micro model	31/03/2022	—	14/03/2025	French	PDF
Micro model	31/03/2021	—	12/03/2025	French	PDF
Micro model	31/03/2020	—	12/03/2025	French	PDF
Micro model	31/03/2019	—	12/03/2025	French	PDF
Micro model	31/03/2018	11/10/2018	06/11/2018	French	PDF
Micro model	31/03/2017	27/10/2017	06/12/2017	French	PDF
Abridged model	31/03/2016	09/09/2016	06/10/2016	French	PDF
Abridged model	31/03/2015	11/09/2015	02/10/2015	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/03/2026

1 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Catherine HERINCKX	Liquidatorsince 16/10/2020

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Catherine HENRINCKX	Liquidator16/10/2020 → 2023 accounts
Catherine HERINKX	Liquidator16/10/2020 → 2021 accounts
ALTEA INVEST0538.620.907Represented by Stephane ETCHAYDE	Manager2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/12/2020
DEMISSIONS, NOMINATIONS - MODIFICATION FORME JURIDIQUE
PDF
Court decision01/03/2019
RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
PDF
Mandates07/09/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office03/01/2018
SIEGE SOCIAL
PDF
Mandates25/11/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates20/10/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates04/03/2014
DEMISSIONS, NOMINATIONS
PDF
Other22/10/2013
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Catherine HERINCKX

Catherine HENRINCKX

Catherine HERINKX

ALTEA INVEST

DV COMPANY

Denis VANDAMME

20132014201520162017201820192020202120222023202420252026

ADAGES CAPITAL ADMINISTRATION

Rue Abbé Cuypers 3, 1040 Etterbeek

Liquidator

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Abbé Cuypers 3, 1040 EtterbeekCurrent	accounts 2019 → 2026	Accounts 2026 · 2026-00521376

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADAGES CAPITAL ADMINISTRATIONCurrent	accounts 2019 → 2026	Accounts 2026 · 2026-00521376

Events

2026
Annual accounts 2026-1,7 k €↑
2025
Annual accounts 2025-2,8 k €↓
2024
Annual accounts 2024-101,7 €↓
2023
Annual accounts 2023121 k €↑
2022
Annual accounts 2022-26,8 k €↓
2021
Annual accounts 2021-1,3 k €↓
2020
Annual accounts 2020335,9 k €↑
2019
Annual accounts 2019-44,8 k €↓
2018
Annual accounts 2018136,3 k €↑
2017
Annual accounts 2017-339,3 k €↓
2016
Annual accounts 2016-190,4 k €↓
2015
Annual accounts 20156,8 k €
11/10/2013
IncorporationPrivate company with limited liability

ADAGES CAPITAL ADMINISTRATION

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events