ACTIVE

ADRENALIGNE

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Financial year 2025 · closed on 31/12/2025

Net result

-3,8 M €

-9114.6% YoY

Gross margin

29,9 k €

+3014.4% YoY

Equity

278,4 k €

-93.2% YoY

What does ADRENALIGNE do?

ADRENALIGNE is a Private company with limited liability incorporated in 2009. Its main activity is: Book publishing. Its registered office is in Watermael-Boitsfort.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0810.537.839

Incorporation

19/03/2009

Legal form

Private company with limited liability

Registered office

Avenue des Jardinets 2
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Activities (NACE)

58110Book publishing· main 74103Specialised design activities 59111Motion picture, video and television programme production activities 59112Motion picture, video and television programme production activities 70210Public relations and communication activities 73300Advertising and market research+3

Signals

Solid equity

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	29,9 k €	+3014%	-1,0 k €	-22.1%	-840,4 €	+27.9%	-1,2 k €	+33.6%	-1,8 k €	+29.7%	-2,5 k €	-10.7%	-2,3 k €	+29.1%	-3,2 k €	-12.3%	-2,8 k €	+48.8%	-5,5 k €	-26.4%	-4,4 k €	-60.7%	-2,7 k €	-25.1%	-2,2 k €	+3.6%	-2,3 k €	-26.0%	-1,8 k €	+27.1%	-2,5 k €	+74.4%	-9,6 k €
EBITDA	-3,8 M €	-189598%	-2,0 k €	-9.9%	-1,8 k €	+10.8%	-2,0 k €	+3.3%	-2,1 k €	+26.1%	-2,8 k €	-9.3%	-2,6 k €	+26.3%	-3,5 k €	-10.9%	-3,2 k €	+45.9%	-5,9 k €	-22.1%	-4,8 k €	-47.0%	-3,3 k €	-25.2%	-2,6 k €	+3.0%	-2,7 k €	-20.9%	-2,2 k €	+11.2%	-2,5 k €	+73.8%	-9,6 k €
Operating result	-3,8 M €	-190649%	-2,0 k €	-9.9%	-1,8 k €	+10.8%	-2,0 k €	+3.3%	-2,1 k €	+26.1%	-2,8 k €	-9.3%	-2,6 k €	+26.3%	-3,5 k €	-10.9%	-3,2 k €	+50.1%	-6,4 k €	-20.1%	-5,3 k €	-26.3%	-4,2 k €	-37.6%	-3,1 k €	+2.6%	-3,1 k €	-40.4%	-2,2 k €	+11.2%	-2,5 k €	+73.8%	-9,6 k €
Net result	-3,8 M €	-9115%	42,2 k €	-42.3%	73,1 k €	+3503%	-2,1 k €	-100%	4,0 M €	+143582%	-2,8 k €	-66.2%	-1,7 k €	+34.5%	-2,6 k €	-16.3%	-2,2 k €	+60.7%	-5,6 k €	-24.1%	-4,5 k €	-34.7%	-3,3 k €	-160%	-1,3 k €	+11.0%	-1,4 k €	-58.7%	-910,7 €	+36.5%	-1,4 k €	+83.1%	-8,5 k €
Balance sheet
Equity	278,4 k €	-93.2%	4,1 M €	+1.0%	4,0 M €	+1.8%	4,0 M €	-0.1%	4,0 M €	+16789%	-23,8 k €	-13.3%	-21,0 k €	-8.7%	-19,3 k €	-15.2%	-16,8 k €	-15.1%	-14,6 k €	-62.2%	-9,0 k €	-101%	-4,5 k €	-294%	-1,1 k €	-857%	150,0 €	-90.6%	1,6 k €	-36.3%	2,5 k €	-36.4%	3,9 k €
Total assets	586,6 k €	-86.7%	4,4 M €	+0.3%	4,4 M €	-0.0%	4,4 M €	+0.0%	4,4 M €	+7.8%	4,1 M €	+18166%	22,3 k €	+4.3%	21,3 k €	-9.4%	23,5 k €	-6.3%	25,1 k €	-8.1%	27,4 k €	+3.2%	26,5 k €	-0.0%	26,5 k €	-15.1%	31,2 k €	+13.0%	27,6 k €	+75.4%	15,7 k €	+10.6%	14,2 k €
Cash	67,4 k €	+33590%	200,1 €	-16.1%	238,3 €	-60.1%	597,4 €	+14987%	4,0 €		–		30,8 €	-57.6%	72,8 €	+245%	21,1 €	-98.7%	1,6 k €	-35.1%	2,5 k €	-10.7%	2,8 k €	+27497%	10,1 €	-99.8%	6,2 k €		–		1,7 k €	+62.5%	1,1 k €
Debts	308,2 k €	-2.9%	317,5 k €	-8.4%	346,7 k €	-17.5%	420,2 k €	+0.7%	417,4 k €	-89.8%	4,1 M €	+9357%	43,3 k €	+6.4%	40,7 k €	+0.9%	40,3 k €	+1.5%	39,7 k €	+9.2%	36,3 k €	+17.3%	31,0 k €	+12.1%	27,6 k €	-11.0%	31,1 k €	+21.0%	25,7 k €	+94.0%	13,2 k €	+28.6%	10,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Cécile LIMBOSCH

Director

Active

Ended mandates

Cécile LIMBOSCH

Director · since 15 novembre 2020

Ended

Zoé VANDEVELDE

Director · since 05 octobre 2019

Ended

Christophe SOMERS

Manager · until 04 mars 2015

Ended

Christophe SOMERS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Abridged model	Micro 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	27/05/2026	27/02/2025	06/06/2024	05/06/2023	27/06/2022	01/07/2021
General meeting	20/03/2026	25/02/2025	03/06/2024	17/05/2023	25/05/2022	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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	20/03/2026	27/05/2026	French	PDF
Abridged model	31/12/2025	20/03/2026	25/03/2026	French	PDF
Abridged model	31/12/2024	25/02/2025	27/02/2025	French	PDF
Micro model	31/12/2023	03/06/2024	06/06/2024	French	PDF
Micro model	31/12/2022	17/05/2023	05/06/2023	French	PDF
Abridged model	31/12/2021	25/05/2022	27/06/2022	French	PDF
Micro model	31/12/2020	18/06/2021	01/07/2021	French	PDF
Micro model	31/12/2019	19/06/2020	19/06/2020	French	PDF
Micro model	31/12/2018	28/06/2019	31/07/2019	French	PDF
Micro model	31/12/2017	05/04/2018	28/06/2018	French	PDF
Micro model	31/12/2016	16/06/2017	26/07/2017	French	PDF
Abridged model	31/12/2015	10/05/2016	06/06/2016	French	PDF
Abridged model	31/12/2014	19/06/2015	30/07/2015	French	PDF
Abridged model	31/12/2013	03/03/2014	30/04/2014	French	PDF
Abridged model	31/12/2012	11/06/2013	26/07/2013	French	PDF
Abridged model	31/12/2011	15/06/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	17/06/2011	29/08/2011	French	PDF
Abridged model	31/12/2009	18/06/2010	30/07/2010	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 6 ended

Active mandates

Cécile LIMBOSCH

Director

Active

Ended mandates

Cécile LIMBOSCH

Director · since 15 novembre 2020

Ended

Zoé VANDEVELDE

Director · since 05 octobre 2019

Ended

Christophe SOMERS

Manager · until 04 mars 2015

Ended

Christophe SOMERS

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring17/07/2025
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring02/04/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates12/08/2021
DEMISSIONS, NOMINATIONS
PDF
Registered office09/12/2020
SIEGE SOCIAL
PDF
Mandates09/12/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2018
DEMISSIONS, NOMINATIONS
PDF
Other27/03/2009
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

2025
Annual accounts 2025-3,8 M €↓
2024
Annual accounts 202442,2 k €↓
2023
Annual accounts 202373,1 k €↑
2022
Annual accounts 2022-2,1 k €↓
2021
Annual accounts 20214,0 M €↑
2020
Annual accounts 2020-2,8 k €↓
2019
Annual accounts 2019-1,7 k €↑
2018
Annual accounts 2018-2,6 k €↓
2017
Annual accounts 2017-2,2 k €↑
2016
Annual accounts 2016-5,6 k €↓
2015
Annual accounts 2015-4,5 k €↓
2014
Annual accounts 2014-3,3 k €↓
2013
Annual accounts 2013-1,3 k €↑
2012
Annual accounts 2012-1,4 k €↓
2011
Annual accounts 2011-910,7 €↑
2010
Annual accounts 2010-1,4 k €↑
2009
Annual accounts 2009-8,5 k €
19/03/2009
IncorporationPrivate company with limited liability

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

ADRENALIGNE

Overview

What does ADRENALIGNE do?

Trend over 17 financial years

Indicative valuation

Board of directors

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