ACTIVE

ADO CONSTRUCT

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Financial year 2023 · closed on 31/12/2023

Net result

979,3 €

+116.6% YoY

Gross margin

23,8 k €

+48.3% YoY

Equity

63,1 k €

+1.6% YoY

What does ADO CONSTRUCT do?

ADO CONSTRUCT is a Private company with limited liability incorporated in 2008. Its main activity is: Test drilling and boring. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.281.960

Incorporation

02/06/2008

Legal form

Private company with limited liability

Registered office

Avenue Louise 54
1050 Ixelles · BruxellesSee on map

Contributed capital

6 300,00 €

Latest accounts

31/12/2023

Activities (NACE)

43130Test drilling and boring· main 43130Test drilling and boring 41001Construction of buildings 41201Construction of residential and non-residential buildings 43120Site preparation 43120Site preparation+4

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	23,8 k €	+48.3%	16,0 k €	-38.8%	26,2 k €	-15.7%	31,0 k €	-4.2%	32,4 k €	-1.8%	33,0 k €	+56.5%	21,1 k €	-19.9%	26,3 k €	+175%	9,6 k €	+223%	3,0 k €	+20.3%	2,5 k €	-55.0%	5,5 k €	-52.4%	11,5 k €	+262%	-7,1 k €	-232%	5,4 k €	-74.1%	20,8 k €
EBITDA	20,8 k €	+61.4%	12,9 k €	-38.7%	21,0 k €	-22.3%	27,0 k €	+61.4%	16,7 k €	-47.1%	31,7 k €	+55.8%	20,3 k €	+19.0%	17,1 k €	+98.7%	8,6 k €	+349%	1,9 k €	+91.6%	999,6 €	-81.2%	5,3 k €	-31.5%	7,8 k €	+150%	-15,4 k €	-539%	3,5 k €	-83.0%	20,7 k €
Operating result	4,3 k €	+222%	-3,6 k €	-132%	11,2 k €	-38.4%	18,2 k €	+61.4%	11,3 k €	-56.8%	26,1 k €	+76.8%	14,8 k €	+18.2%	12,5 k €	+229%	3,8 k €	+155%	1,5 k €	+249%	-995,8 €	-129%	3,5 k €	-41.2%	5,9 k €	+132%	-18,7 k €	-17124%	109,6 €	-99.4%	19,2 k €
Net result	979,3 €	+117%	-5,9 k €	-196%	6,1 k €	-44.7%	11,1 k €	+52.5%	7,2 k €	-61.7%	18,9 k €	+64.1%	11,5 k €	+44.6%	8,0 k €	+279%	2,1 k €	+259%	585,9 €	+128%	-2,1 k €	-201%	2,1 k €	-45.1%	3,8 k €	+118%	-20,7 k €	-1117%	-1,7 k €	-111%	14,9 k €
Balance sheet
Equity	63,1 k €	+1.6%	62,2 k €	-8.7%	68,0 k €	+9.9%	61,9 k €	+21.7%	50,9 k €	+16.6%	43,6 k €	+76.7%	24,7 k €	+87.8%	13,1 k €	+154%	5,2 k €	+74.5%	3,0 k €	+24.7%	2,4 k €	-46.8%	4,5 k €	+85.8%	2,4 k €	+278%	-1,4 k €	-107%	19,4 k €	-8.1%	21,1 k €
Total assets	91,6 k €	-20.1%	114,7 k €	-13.7%	133,0 k €	+27.8%	104,1 k €	+37.6%	75,6 k €	+2.1%	74,0 k €	+58.5%	46,7 k €	+19.2%	39,2 k €	+10.5%	35,5 k €	+250%	10,1 k €	-12.1%	11,5 k €	-9.7%	12,8 k €	-3.1%	13,2 k €	-49.7%	26,2 k €	-36.0%	41,0 k €	-17.9%	50,0 k €
Cash	865,6 €	-65.3%	2,5 k €	-29.4%	3,5 k €	+76.8%	2,0 k €	+24.7%	1,6 k €	-64.5%	4,5 k €	+56.8%	2,9 k €	-68.4%	9,1 k €	+227%	2,8 k €	+328%	653,0 €	-60.0%	1,6 k €		–		–		18,7 €		–		3,7 k €
Debts	28,5 k €	-45.8%	52,6 k €	-17.4%	63,6 k €	+51.1%	42,1 k €	+70.4%	24,7 k €	-18.7%	30,4 k €	+38.1%	22,0 k €	-15.4%	26,0 k €	-14.1%	30,3 k €	+323%	7,2 k €	-21.7%	9,2 k €	+10.2%	8,3 k €	-8.7%	9,1 k €	-66.4%	27,1 k €	+25.2%	21,6 k €	-25.1%	28,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active · 1 ended

Active mandates

Vasile ADOCHITEI

Manager

Active

Ended mandates

Vasile Adochitei

Mandate

Ended

At this address

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Annual accounts

Full financial information

	2023	2022	2021	2020	2019	2018
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/08/2024	29/09/2023	28/09/2022	29/10/2021	20/10/2020	25/09/2019
General meeting	03/06/2024	05/06/2023	07/06/2022	07/06/2021	11/08/2020	03/06/2019
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2023	03/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	29/09/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	28/09/2022	Dutch	PDF
Micro model	31/12/2020	07/06/2021	29/10/2021	Dutch	PDF
Micro model	31/12/2019	11/08/2020	20/10/2020	Dutch	PDF
Micro model	31/12/2018	03/06/2019	25/09/2019	Dutch	PDF
Micro model	31/12/2017	04/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	06/06/2017	09/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	21/09/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	28/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	30/09/2012	Dutch	PDF
Abridged model	31/12/2010	07/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	23/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	14/10/2009	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 31/12/2023 · 1 active · 1 ended

Active mandates

Vasile ADOCHITEI

Manager

Active

Ended mandates

Vasile Adochitei

Mandate

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/02/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates11/02/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
PDF
Mandates03/02/2014
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/12/2009
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/06/2009
SIEGE SOCIAL
PDF
Other04/06/2008
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

2023
Annual accounts 2023979,3 €↑
2022
Annual accounts 2022-5,9 k €↓
2021
Annual accounts 20216,1 k €↓
2020
Annual accounts 202011,1 k €↑
2019
Annual accounts 20197,2 k €↓
2018
Annual accounts 201818,9 k €↑
2017
Annual accounts 201711,5 k €↑
2016
Annual accounts 20168,0 k €↑
2015
Annual accounts 20152,1 k €↑
2014
Annual accounts 2014585,9 €↑
2013
Annual accounts 2013-2,1 k €↓
2012
Annual accounts 20122,1 k €↓
2011
Annual accounts 20113,8 k €↑
2010
Annual accounts 2010-20,7 k €↓
2009
Annual accounts 2009-1,7 k €↓
2008
Annual accounts 200814,9 k €
02/06/2008
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

ADO CONSTRUCT

Overview

What does ADO CONSTRUCT do?

Trend over 16 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