ACTIVE

ADwork

Financial year 2025 · Closed on 30/09/2025

Net result107,1 k €-59,0 %over 1 year

Gross margin201,8 k €-51,8 %over 1 year

Equity3,1 M €+424,6 %over 1 year

Identity

Source · BCE/KBO

ADwork is a Private limited company incorporated in 2006. Its main activity is: Other information service activities. Its registered office is in Schilde.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0885.696.706
Incorporation: 15/12/2006
Legal form: Private limited company
Registered office: Catharinadreef 45
2970 Schilde · FlandreSee on map
Contributed capital: 20 527,94 €
Latest accounts: 30/09/2025

Activities (NACE)

63920Other information service activities· main 63990Other information service activities n.e.c.62020Computer consultancy activities 62200Computer programming, consultancy and related activities 70200Management consultancy activities 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	201,8 k €	-51.8%	418,9 k €	+33.8%	313,1 k €	+78.2%	175,7 k €	+22.8%	143,1 k €
EBITDA	198,2 k €	-52.5%	417,2 k €	+33.4%	312,7 k €	+78.7%	175 k €	+22.7%	142,7 k €
Operating result	148,6 k €	-60.6%	377,4 k €	+29.3%	291,9 k €	+66.8%	175 k €	+22.7%	142,7 k €
Net result	107,1 k €	-59.0%	260,8 k €	+24.4%	209,7 k €	+79.9%	116,5 k €	+10.1%	105,9 k €
Balance sheet
Equity	3,1 M €	+425%	583,2 k €	+80.9%	322,3 k €	+139%	135,1 k €	+29.3%	104,6 k €
Total assets	3,2 M €	+304%	793,6 k €	+75.0%	453,5 k €	+29.3%	350,9 k €	+146%	142,6 k €
Cash	224,6 k €	+12.2%	200,2 k €	+72.9%	115,8 k €	-40.4%	194,4 k €	+73.4%	112,1 k €
Debts	146,3 k €	-30.5%	210,4 k €	+60.4%	131,2 k €	-39.2%	215,7 k €	+467%	38,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tom Vanbussel	DirectorManager2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelies Wachters	Manager2011 accounts
Tom VAN BUSSEL	Director2021 accountsManager2018 accounts

Other companies at this address

Catharinadreef 45 2970 Schilde

Company	CBE no.
CDKN● Bankrupt	0659.685.221
CDKN agency● Active	0784.398.121
NOBODY● Active	0883.166.489
STND● Active	0866.701.136

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/03/2026	04/03/2025	12/12/2023	31/03/2023	28/04/2022	30/04/2021
General meeting	26/02/2026	25/02/2025	11/12/2023	31/03/2023	25/03/2022	26/03/2021
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, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/09/2025	26/02/2026	11/03/2026	Dutch	PDF
Micro model	30/09/2024	25/02/2025	04/03/2025	Dutch	PDF
Micro model	30/09/2023	11/12/2023	12/12/2023	Dutch	PDF
Micro model	30/09/2022	31/03/2023	31/03/2023	Dutch	PDF
Micro model	30/09/2021	25/03/2022	28/04/2022	Dutch	PDF
Micro model	30/09/2020	26/03/2021	30/04/2021	Dutch	PDF
Micro model	30/09/2019	27/03/2020	29/04/2020	Dutch	PDF
Micro model	30/09/2018	29/03/2019	30/04/2019	Dutch	PDF
Micro model	30/09/2017	30/03/2018	27/04/2018	Dutch	PDF
Abridged model	30/09/2016	31/03/2017	28/04/2017	Dutch	PDF
Abridged model	30/09/2015	25/03/2016	26/04/2016	Dutch	PDF
Abridged model	30/09/2014	27/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/03/2014	30/04/2014	Dutch	PDF
Abridged model	30/09/2012	29/03/2013	30/04/2013	Dutch	PDF
Abridged model	30/09/2011	25/04/2012	30/04/2012	Dutch	PDF
Abridged model	30/09/2010	25/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	26/03/2010	31/05/2010	Dutch	PDF
Abridged model	30/09/2008	27/03/2009	30/04/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

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 30/09/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Tom Vanbussel	DirectorManager2016 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Annelies Wachters	Manager2011 accounts
Tom VAN BUSSEL	Director2021 accountsManager2018 accounts

Ownership and network

Looking for more information about this company?

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring18/08/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/05/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/09/2021
WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2012
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other27/12/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

Filings18 filings

Mandates

Tom Vanbussel

Annelies Wachters

Tom VAN BUSSEL

200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ADwork

Catharinadreef 45, 2970 Schilde

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Catharinadreef 45, 2970 SchildeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00056093

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ADworkCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00056093

Events

2025
Annual accounts 2025107,1 k €↓
2024
Annual accounts 2024260,8 k €↑
2023
Annual accounts 2023209,7 k €↑
2022
Annual accounts 2022116,5 k €↑
2021
Annual accounts 2021105,9 k €↑
2020
Annual accounts 2020-1,1 k €↓
2019
Annual accounts 2019-1,1 k €↑
2018
Annual accounts 2018-1,8 k €↓
2017
Annual accounts 2017-1,1 k €↑
2016
Annual accounts 2016-1,2 k €↓
2015
Annual accounts 2015-1,2 k €↓
2014
Annual accounts 2014-1,1 k €↓
2013
Annual accounts 2013162,7 €↓
2012
Annual accounts 20122,2 k €↑
2011
Annual accounts 2011-719,7 €↓
2010
Annual accounts 20101,7 k €↓
2009
Annual accounts 20097,1 k €↑
2008
Annual accounts 2008-21,9 k €
15/12/2006
IncorporationPrivate limited company

ADwork

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