ACTIVE

A.D. SERVICES

Financial year 2025 · closed on 31/12/2025
Net result
58,9 k €
+35.7% YoY
Gross margin
854,1 k €
+19.3% YoY
Equity
448 k €
+15.2% YoY
Workforce
11,8 ETP
-9.2% YoY

What does A.D. SERVICES do?

A.D. SERVICES is a Private limited company incorporated in 2015. Its main activity is: Electrical installation. Its registered office is in Courcelles. It employs on average 11,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0644.733.165
Incorporation
22/12/2015
Legal form
Private limited company
Registered office
Rue de Liège(CO) 4 box B
6180 Courcelles · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
11,8 ETP
Joint committees (2)
  • 14902
  • 201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin854,1 k €715,8 k €730,4 k €706,1 k €558,2 k €407,9 k €315,5 k €301,8 k €293,5 k €224,8 k €
EBITDA312,7 k €203,7 k €192,9 k €134,8 k €108,1 k €125,3 k €79,5 k €51,3 k €31,4 k €56,1 k €
Operating result123,4 k €92,7 k €93,5 k €64,7 k €68 k €95,8 k €42,2 k €28,3 k €6,6 k €45,7 k €
Net result58,9 k €43,4 k €60,8 k €53,5 k €56,5 k €70,8 k €28,2 k €18,4 k €1,3 k €37,6 k €
Balance sheet
Equity448 k €389,1 k €345,6 k €278,7 k €225,2 k €168,7 k €91,7 k €63,5 k €45,1 k €43,8 k €
Total assets3 M €2,2 M €1,5 M €1,9 M €1,1 M €675,3 k €543,7 k €504,2 k €569,4 k €276 k €
Cash4 k €88,3 k €15,8 k €67,5 k €89,6 k €38,9 k €18,9 k €45,6 k €26,4 k €9 k €
Debts2,6 M €1,8 M €1,2 M €1,6 M €880,8 k €500,1 k €452,1 k €440,7 k €500,1 k €232,2 k €
Other
Workforce11,8 ETP13,0 ETP12,3 ETP12,0 ETP10,2 ETP6,4 ETP6,3 ETP6,0 ETP8,4 ETP5,2 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 · 1 active · 4 ended

Active mandates

Denis ALLY

Director · since 21 décembre 2015

Active

Ended mandates

Denis ALLY

Director · since 22 décembre 2015

Ended
Denis ALLY

Mandate

Ended
Denis ALLY

Director

Ended
DENIS ALLY

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
ECMA SOLUTIONSActive
0506.731.067
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged 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 date27/08/202607/08/202523/08/202426/08/202329/07/202230/08/2021
General meeting30/06/202630/06/202521/06/202424/07/202308/07/202215/07/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202627/08/2026FrenchPDF
Abridged model31/12/202430/06/202507/08/2025FrenchPDF
Abridged model31/12/202321/06/202423/08/2024FrenchPDF
Abridged model31/12/202224/07/202326/08/2023FrenchPDF
Abridged model31/12/202108/07/202229/07/2022FrenchPDF
Abridged model31/12/202015/07/202130/08/2021FrenchPDF
Abridged model31/12/201914/08/202025/09/2020FrenchPDF
Abridged model31/12/201821/06/201926/08/2019FrenchPDF
Abridged model31/12/201715/06/201824/07/2018FrenchPDF
Abridged model31/12/201616/06/201722/09/2017FrenchPDF
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 · 1 active · 4 ended

Active mandates

Denis ALLY

Director · since 21 décembre 2015

Active

Ended mandates

Denis ALLY

Director · since 22 décembre 2015

Ended
Denis ALLY

Mandate

Ended
Denis ALLY

Director

Ended
DENIS ALLY

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office12/11/2025
    SIEGE SOCIAL
    PDF
  • Mandates12/12/2023
    MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Other26/07/2018
    DIVERS
    PDF
  • Other24/12/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202558,9 k €
  2. 2024
    Annual accounts 202443,4 k €
  3. 2023
    Annual accounts 202360,8 k €
  4. 2023
    Name changeA.D. SERVICES
  5. 2022
    Annual accounts 202253,5 k €
  6. 2021
    Annual accounts 202156,5 k €
  7. 2021
    Name changeAD SERVICES
  8. 2020
    Annual accounts 202070,8 k €
  9. 2019
    Annual accounts 201928,2 k €
  10. 2018
    Annual accounts 201818,4 k €
  11. 2017
    Annual accounts 20171,3 k €
  12. 2016
    Annual accounts 201637,6 k €
  13. 22/12/2015
    IncorporationPrivate limited company