ACTIVE

ADOXA

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Financial year 2025 · Closed on 31/12/2025

Net result190,4 k €-21,7 %over 1 year

Gross margin274,7 k €+57,0 %over 1 year

Equity20,5 M €+0,9 %over 1 year

Workforce0,8 ETP-11,1 %over 1 year

Identity

Source · BCE/KBO

ADOXA is a Private limited company incorporated in 2011. Its main activity is: Service activities incidental to air transportation. Its registered office is in Denderleeuw. It employs on average 0,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0836.651.823
Incorporation: 30/05/2011
Legal form: Private limited company
Registered office: Steenweg 357
9470 Denderleeuw · FlandreSee on map
Contributed capital: 23 268 600,00 €
Latest accounts: 31/12/2025
Average workforce: 0,8 ETP

Activities (NACE)

52230Service activities incidental to air transportation· main 52230Service activities incidental to air transportation 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+4

Joint committees (1)

3230

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 14 filings

Trend over 12 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	274,7 k €	+57.0%	175 k €	-81.3%	936,3 k €	-16.3%	1,1 M €	+156%	437 k €
EBITDA	-149,5 k €	-2106%	-6,8 k €	-101%	744,5 k €	-18.0%	907,5 k €	+256%	255,2 k €
Operating result	-80,4 k €	+54.5%	-176,9 k €	-136%	496,4 k €	-9.4%	548,1 k €	+3591%	14,9 k €
Net result	190,4 k €	-21.7%	243,2 k €	-78.5%	1,1 M €	+147%	458,1 k €	+10.4%	414,9 k €
Balance sheet
Equity	20,5 M €	+0.9%	20,3 M €	+1.2%	20,1 M €	+6.0%	18,9 M €	+2.5%	18,5 M €
Total assets	20,5 M €	+0.9%	20,4 M €	+1.2%	20,1 M €	+4.3%	19,3 M €	+3.1%	18,7 M €
Cash	98,7 k €	-23.1%	128,4 k €	-81.8%	706,3 k €	+55.5%	454,1 k €	-91.3%	5,2 M €
Debts	35 k €	-25.7%	47,1 k €	-5.2%	49,7 k €	-86.0%	354,4 k €	+52.1%	233 k €
Other
Workforce	0,8 ETP	-11.1%	0,9 ETP	0.0%	0,9 ETP	-25.0%	1,2 ETP	-36.8%	1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christiaan De Meerleer	Directorsince 21/12/2023
Lisette Vijverman	Directorsince 09/08/2015Manager09/08/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Willy Sonck	Manager2014 accounts

Other companies at this address

Steenweg 357 9470 Denderleeuw

Company	CBE no.
E-car Lease● Active	0756.744.015
FAMILIE VIJVERMAN● Active	0733.985.736
OEI● Active	0455.842.788

Full financial information

Source · NBB

	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	13/10/2026	24/07/2025	30/08/2024	31/08/2023	30/09/2022	28/10/2021
General meeting	09/10/2026	17/07/2025	26/08/2024	31/07/2023	09/09/2022	06/10/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	09/10/2026	13/10/2026	Dutch	PDF
Abridged model	31/12/2024	17/07/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	26/08/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	09/09/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	06/10/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	17/07/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	30/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	24/07/2018	Dutch	PDF
Abridged model	31/12/2016	22/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	23/06/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	10/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	30/07/2013	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

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 31/12/2025

2 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Christiaan De Meerleer	Directorsince 21/12/2023
Lisette Vijverman	Directorsince 09/08/2015Manager09/08/2015 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Willy Sonck	Manager2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office01/12/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates29/12/2016
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other04/08/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office05/09/2014
MAATSCHAPPELIJKE ZETEL
PDF
Other13/11/2012
BOEKJAAR - DIVERSEN
PDF
Capital / shares27/12/2011
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings12 filings

Mandates

Lisette Vijverman

Christiaan De Meerleer

Willy Sonck

2011201220132014201520162017201820192020202120222023202420252026

ADOXA

Steenweg 357, 9470 Denderleeuw

DirectorManager

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Steenweg 357, 9470 DenderleeuwCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00556042

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADOXACurrent	accounts 2012 → 2025	Accounts 2025 · 2026-00556042

Events

2025
Annual accounts 2025190,4 k €↓
2024
Annual accounts 2024243,2 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022458,1 k €↑
2021
Annual accounts 2021414,9 k €↑
2018
Annual accounts 2018-3,5 M €↓
2017
Annual accounts 201712 k €↓
2016
Annual accounts 2016394,8 k €↑
2015
Annual accounts 2015258,4 k €↑
2014
Annual accounts 2014-492,5 k €↓
2013
Annual accounts 2013-402,6 k €↓
2012
Annual accounts 20121,4 k €
30/05/2011
IncorporationPrivate limited company

ADOXA

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events