AD ENGINEERING
0830.972.472 · rovalta.com · 21/09/2026
ACTIVE
AD ENGINEERING
Financial year 2025 · closed on 31/12/2025
Net result
142,2 k €
+30.0% YoY
Gross margin
191,1 k €
+25.8% YoY
Equity
795 k €
+10.4% YoY
Overview
What does AD ENGINEERING do?
AD ENGINEERING is a Private limited company incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Diepenbeek.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0830.972.472
Incorporation
29/10/2010
Legal form
Private limited company
Registered office
Grendelbaan 45
3590 Diepenbeek · FlandreSee on map
3590 Diepenbeek · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Activities (NACE)
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 191,1 k € | +25.8% | 151,9 k € | -32.6% | 225,5 k € | +122% | 101,6 k € | -1.3% | 103 k € | -22.2% | 132,5 k € | +18.7% | 111,6 k € | -10.5% | 124,7 k € | -12.5% | 142,5 k € | -20.9% | 180,2 k € | +81.8% | 99,2 k € | +6.1% | 93,4 k € | -28.8% | 131,2 k € | -18.9% | 161,8 k € | +89.6% | 85,3 k € |
| EBITDA | 183,8 k € | +27.1% | 144,6 k € | -34.7% | 221,4 k € | +131% | 95,8 k € | -0.9% | 96,7 k € | -24.0% | 127,2 k € | +20.4% | 105,7 k € | -11.6% | 119,5 k € | -13.2% | 137,8 k € | -21.6% | 175,7 k € | +85.9% | 94,5 k € | +9.7% | 86,2 k € | -32.4% | 127,4 k € | -18.7% | 156,8 k € | +84.8% | 84,8 k € |
| Operating result | 179,7 k € | +24.5% | 144,3 k € | -34.8% | 221,2 k € | +152% | 87,9 k € | -0.5% | 88,3 k € | -24.8% | 117,5 k € | +22.7% | 95,7 k € | -11.6% | 108,3 k € | -19.2% | 134 k € | -21.8% | 171,5 k € | +97.7% | 86,7 k € | +12.7% | 77 k € | -35.9% | 120,1 k € | -19.8% | 149,8 k € | +95.2% | 76,7 k € |
| Net result | 142,2 k € | +30.0% | 109,4 k € | -29.1% | 154,4 k € | +151% | 61,5 k € | +5.6% | 58,2 k € | -30.6% | 83,9 k € | +24.1% | 67,6 k € | -11.5% | 76,4 k € | -8.1% | 83,1 k € | -22.0% | 106,5 k € | +462% | 19 k € | -76.0% | 78,8 k € | +3.1% | 76,5 k € | -31.5% | 111,7 k € | +78.6% | 62,6 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 795 k € | +10.4% | 720,4 k € | +4.8% | 687,3 k € | +11.6% | 616 k € | -6.8% | 661 k € | +6.3% | 621,8 k € | +9.5% | 567,9 k € | +13.5% | 500,3 k € | +18.0% | 423,9 k € | +24.4% | 340,8 k € | +45.5% | 234,3 k € | +8.8% | 215,4 k € | +57.8% | 136,5 k € | -26.9% | 186,7 k € | +149% | 75 k € |
| Total assets | 843,2 k € | +7.3% | 786,1 k € | +4.6% | 751,4 k € | +17.6% | 638,8 k € | -11.6% | 722,5 k € | +3.6% | 697,6 k € | +8.8% | 641,2 k € | +6.4% | 602,4 k € | +22.6% | 491,5 k € | +8.7% | 452,2 k € | +57.9% | 286,3 k € | +21.3% | 236 k € | +25.9% | 187,5 k € | -21.2% | 237,9 k € | +112% | 112,2 k € |
| Cash | 657 k € | -8.9% | 721,2 k € | +6.7% | 676 k € | +19.9% | 563,9 k € | -17.3% | 682,2 k € | +4.6% | 652,4 k € | +18.5% | 550,6 k € | +11.6% | 493,3 k € | +16.8% | 422,3 k € | +24.4% | 339,6 k € | +36.3% | 249,1 k € | +52.7% | 163,2 k € | +50.9% | 108,1 k € | -17.8% | 131,6 k € | – | |
| Debts | 48,2 k € | -26.7% | 65,8 k € | +2.5% | 64,2 k € | +182% | 22,8 k € | -63.0% | 61,5 k € | -18.9% | 75,8 k € | +3.5% | 73,3 k € | -28.2% | 102,1 k € | +51.1% | 67,6 k € | -39.3% | 111,3 k € | +114% | 52 k € | +151% | 20,7 k € | -59.5% | 51 k € | -0.4% | 51,2 k € | +37.4% | 37,3 k € |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Ahmet Demir
ActiveEnded mandates
Ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 25/08/2026 | 11/08/2025 | 16/07/2024 | 21/08/2023 | 03/08/2022 | 20/08/2021 |
| General meeting | 06/05/2026 | 07/05/2025 | 01/05/2024 | 03/05/2023 | 04/05/2022 | 05/05/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 06/05/2026 | 25/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 07/05/2025 | 11/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 01/05/2024 | 16/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 03/05/2023 | 21/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 04/05/2022 | 03/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 05/05/2021 | 20/08/2021 | Dutch | |
| Abridged modelCorrection | 31/12/2019 | 09/06/2020 | 07/09/2020 | Dutch | |
| Abridged model | 31/12/2019 | 09/06/2020 | 17/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 01/05/2019 | 13/08/2019 | Dutch | |
| Abridged model | 31/12/2017 | 02/05/2018 | 21/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 03/05/2017 | 31/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 04/05/2016 | 18/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 06/05/2015 | 25/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 19/06/2014 | 14/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 02/05/2013 | 29/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 02/05/2012 | 29/08/2012 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Ahmet Demir
ActiveEnded mandates
Ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025142,2 k €↑
- 2024Annual accounts 2024109,4 k €↓
- 2023Annual accounts 2023154,4 k €↑
- 2022Annual accounts 202261,5 k €↑
- 2021Annual accounts 202158,2 k €↓
- 2020Annual accounts 202083,9 k €↑
- 2019Annual accounts 201967,6 k €↓
- 2018Annual accounts 201876,4 k €↓
- 2017Annual accounts 201783,1 k €↓
- 2016Annual accounts 2016106,5 k €↑
- 2015Annual accounts 201519 k €↓
- 2014Annual accounts 201478,8 k €↑
- 2013Annual accounts 201376,5 k €↓
- 2012Annual accounts 2012111,7 k €↑
- 2011Annual accounts 201162,6 k €
- 29/10/2010IncorporationPrivate limited company