ACTIVE

AdShoe

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Financial year 2025 · closed on 31/12/2025

Net result

3,7 k €

+234.6% YoY

Gross margin

86,6 k €

-1.2% YoY

Equity

34,4 k €

+11.9% YoY

What does AdShoe do?

AdShoe is a Private company with limited liability incorporated in 2010. Its main activity is: Advertising agencies. Its registered office is in Sint-Truiden.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0827.487.105

Incorporation

30/06/2010

Legal form

Private company with limited liability

Registered office

Breendonkstraat 12
3800 Sint-Truiden · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

73110Advertising agencies· main 73110Advertising agencies 95230Repair of footwear and leather goods 95230Repair of footwear and leather goods 70200Management consultancy activities 70220Business and other management consultancy activities+4

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2022		2021		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	86,6 k €	-1.2%	87,6 k €	+14.3%	76,7 k €	+20.7%	63,5 k €	+121%	28,8 k €	-11.5%	32,6 k €	-14.6%	38,1 k €	+59.6%	23,9 k €	+34.8%	17,7 k €	+38.9%	12,8 k €	-61.9%	33,5 k €
EBITDA	38,9 k €	+1.9%	38,2 k €	+23.3%	31 k €	+9.1%	28,4 k €	+4529%	613,4 €	-91.9%	7,6 k €	-71.5%	26,8 k €	+17.0%	22,9 k €	+31.5%	17,4 k €	+42.4%	12,2 k €	-61.8%	31,9 k €
Operating result	7,5 k €	+55.5%	4,8 k €	-3.7%	5 k €	-30.9%	7,2 k €	+132%	-22,5 k €	-52.9%	-14,7 k €	-403%	4,9 k €	-45.5%	8,9 k €	+111%	4,2 k €	+20.8%	3,5 k €	-82.3%	19,8 k €
Net result	3,7 k €	+235%	1,1 k €	-56.6%	2,5 k €	-40.3%	4,2 k €	+117%	-24,9 k €	-51.0%	-16,5 k €	-1521%	1,2 k €	-72.0%	4,1 k €	+172%	1,5 k €	+282%	398 €	-96.8%	12,6 k €
Balance sheet
Equity	34,4 k €	+11.9%	30,7 k €	-10.8%	34,5 k €	+7.9%	31,9 k €	+1179%	-3 k €	-113%	21,9 k €	-42.9%	38,4 k €	+3.1%	37,2 k €	+12.5%	33,1 k €	+4.8%	31,6 k €	+68.2%	18,8 k €
Total assets	124,5 k €	-22.5%	160,6 k €	-9.1%	176,7 k €	-9.2%	194,7 k €	-29.5%	276,2 k €	+39.4%	198,1 k €	+6.2%	186,5 k €	-5.0%	196,3 k €	+46.3%	134,2 k €	-0.3%	134,6 k €	+10.5%	121,9 k €
Cash	3,9 k €	-54.8%	8,7 k €	-58.5%	20,9 k €	+143%	8,6 k €	+40.8%	6,1 k €	-51.0%	12,5 k €	+45.4%	8,6 k €	+434%	1,6 k €	-46.8%	3 k €	+242%	885 €	-65.6%	2,6 k €
Debts	90,1 k €	-30.6%	129,9 k €	-8.7%	142,2 k €	-12.6%	162,7 k €	-41.7%	279,2 k €	+58.5%	176,2 k €	+19.0%	148,1 k €	-6.9%	159 k €	+57.3%	101,1 k €	-1.9%	103 k €	+0.4%	102,6 k €
Other
Workforce	–		–		–		–		–		–		0,3 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

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

Active mandates

Iris Houben

Director

Active

Ended mandates

Iris Houben

Director · since 02 juillet 2010

Ended

Iris Houben

Manager · since 02 juillet 2010

Ended

Iris Houben

Director · since 30 juin 2010

Ended

Iris Houben

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
SCHOENINFO● Active	0464.879.923
Uw Schoenmaker● Active	1006.180.109

Annual accounts

Full financial information

	2025	2024	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/08/2026	31/08/2025	08/03/2023	24/08/2022	29/06/2021	19/08/2020
General meeting	19/06/2026	20/06/2025	17/02/2023	04/08/2022	10/06/2021	30/07/2020
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

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	19/06/2026	26/08/2026	Dutch	PDF
Micro model	31/12/2024	20/06/2025	31/08/2025	Dutch	PDF
Micro model	31/12/2022	17/02/2023	08/03/2023	Dutch	PDF
Micro model	31/12/2021	04/08/2022	24/08/2022	Dutch	PDF
Micro model	31/12/2020	10/06/2021	29/06/2021	Dutch	PDF
Micro model	31/12/2019	30/07/2020	19/08/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	20/06/2018	Dutch	PDF
Micro model	31/12/2016	28/06/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	13/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	09/07/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	04/07/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	06/07/2012	Dutch	PDF

Estimate

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.

Governance

Board of directors

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

Active mandates

Iris Houben

Director

Active

Ended mandates

Iris Houben

Director · since 02 juillet 2010

Ended

Iris Houben

Manager · since 02 juillet 2010

Ended

Iris Houben

Director · since 30 juin 2010

Ended

Iris Houben

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office19/06/2020
MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
PDF
Other13/07/2010
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 20253,7 k €↑
2024
Annual accounts 20241,1 k €↓
2022
Annual accounts 20222,5 k €↓
2021
Annual accounts 20214,2 k €↑
2017
Annual accounts 2017-24,9 k €↓
2016
Annual accounts 2016-16,5 k €↓
2015
Annual accounts 20151,2 k €↓
2014
Annual accounts 20144,1 k €↑
2013
Annual accounts 20131,5 k €↑
2012
Annual accounts 2012398 €↓
2011
Annual accounts 201112,6 k €
30/06/2010
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

AdShoe

Overview

What does AdShoe do?

Trend over 11 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