ACTIVE

ADC SOLAR CORSWAREM

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Financial year 2025 · closed on 31/12/2025

Net result

35,5 k €

-59.3% YoY

Gross margin

89,1 k €

-54.9% YoY

Equity

361,7 k €

+10.9% YoY

Workforce

0,0 ETP

What does ADC SOLAR CORSWAREM do?

ADC SOLAR CORSWAREM is a Private limited company incorporated in 2008. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Tongeren-Borgloon.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.923.447

Incorporation

01/07/2008

Legal form

Private limited company

Registered office

Vrijheidweg 1
3700 Tongeren-Borgloon · FlandreSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

46647Wholesale of machinery for the textile industry and of sewing and knitting machines· main 46697Wholesale of other machinery and equipment 43211Electrical installation 43211Electrical installation 43213Electrical installation 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft+3

Joint committees (5)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	89,1 k €	-54.9%	197,4 k €	-9.7%	218,7 k €	-17.8%	265,9 k €	+101%	132,1 k €	-31.6%	193,2 k €	-9.9%	214,5 k €	+99.4%	107,6 k €	-22.8%	139,3 k €	+15.3%	120,8 k €	+170%	44,7 k €	-64.8%	127 k €	-70.1%	424,8 k €	-80.0%	2,1 M €	-28.2%	3 M €	+99.0%	1,5 M €	+23.0%	1,2 M €
EBITDA	84,3 k €	-54.5%	185,3 k €	-15.0%	218,1 k €	-17.9%	265,5 k €	+106%	128,6 k €	-67.1%	391,5 k €	+84.0%	212,8 k €	+79.7%	118,4 k €	-30.4%	170,2 k €	+31.0%	129,9 k €	+104%	63,6 k €	-56.0%	144,4 k €	-47.5%	275,1 k €	-82.7%	1,6 M €	-38.2%	2,6 M €	+94.8%	1,3 M €	+25.4%	1,1 M €
Operating result	45,9 k €	-73.3%	171,8 k €	-20.4%	216 k €	-18.7%	265,5 k €	+29.4%	205,2 k €	-45.8%	378,5 k €	+94.4%	194,7 k €	+117%	89,9 k €	-46.4%	167,7 k €	+31.6%	127,5 k €	+109%	61,1 k €	-54.4%	134 k €	-46.1%	248,5 k €	-84.0%	1,6 M €	-38.7%	2,5 M €	+97.4%	1,3 M €	+26.4%	1 M €
Net result	35,5 k €	-59.3%	87 k €	-47.4%	165,4 k €	-35.5%	256,3 k €	+74.1%	147,3 k €	-41.5%	251,5 k €	+73.8%	144,7 k €	+115%	67,3 k €	-44.2%	120,7 k €	+38.1%	87,4 k €	+64.9%	53 k €	-46.2%	98,6 k €	+3606%	2,7 k €	-99.8%	1,2 M €	-35.9%	1,8 M €	+111%	853 k €	+27.5%	669,2 k €
Balance sheet
Equity	361,7 k €	+10.9%	326,3 k €	-25.7%	439,2 k €	-7.3%	473,8 k €	+49.2%	317,5 k €	-0.9%	320,3 k €	+60.0%	200,2 k €	+28.8%	155,5 k €	-54.0%	338,2 k €	-32.0%	497,5 k €	+21.3%	410,1 k €	-63.0%	1,1 M €	+9.8%	1 M €	-45.8%	1,9 M €	-18.0%	2,3 M €	+380%	472,2 k €	+0.6%	469,2 k €
Total assets	568,6 k €	+4.4%	544,4 k €	-17.4%	658,8 k €	+2.7%	641,6 k €	+43.8%	446 k €	-17.7%	542,2 k €	-31.5%	791,9 k €	-22.8%	1 M €	+4.6%	981,1 k €	+12.1%	875,3 k €	-7.0%	941,3 k €	-38.9%	1,5 M €	+5.9%	1,5 M €	-50.8%	3 M €	-26.0%	4 M €	+42.5%	2,8 M €	+9.7%	2,6 M €
Cash	200,6 k €	+156%	78,3 k €	-67.9%	244 k €	-22.9%	316,5 k €	+374%	66,7 k €	-36.2%	104,5 k €	-63.1%	283 k €	-42.9%	495,4 k €	+12.8%	439,1 k €	-40.0%	731,4 k €	-0.7%	736,4 k €	-49.9%	1,5 M €	+10.4%	1,3 M €	-41.9%	2,3 M €	-24.7%	3 M €	+200%	1 M €	-33.8%	1,5 M €
Debts	206,4 k €	-5.4%	218,2 k €	-0.6%	219,6 k €	+30.9%	167,7 k €	+30.5%	128,5 k €	-4.7%	134,9 k €	-55.9%	305,9 k €	-47.7%	584,9 k €	+69.7%	344,7 k €	+642%	46,5 k €	+58.3%	29,4 k €	-40.0%	49 k €	+157%	19,1 k €	-97.5%	748,2 k €	-54.2%	1,6 M €	-30.1%	2,3 M €	+11.7%	2,1 M €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		0,2 ETP	0.0%	0,2 ETP	-80.0%	1,0 ETP	-41.2%	1,7 ETP	-66.0%	5,0 ETP	-9.1%	5,5 ETP	+83.3%	3,0 ETP	+76.5%	1,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

JDC GROEP

Managing director · since 01 juillet 2024 · 0739.849.088

Represented by Corswarem DIRK

Active

GROEP ADC

Managing director · 0889.701.717

Represented by Corswarem An

Active

Ended mandates

GROEP ADC

Director · since 28 juin 2019 · 0889.701.717

Represented by Dirk Corswarem

Ended

GROEP ADC

Director · since 28 juin 2019 · 0889.701.717

Represented by Dirk Corswarem

Ended

An Corswarem

Director · since 01 juillet 2008

Ended

An Corswarem

Manager · since 01 juillet 2008

Ended

At this address

Other companies at this address

Company	CBE no.
ALU DESIGN CORSWAREM● Active	0862.623.572
Corswarem Group● Active	1037.022.545
Corswarem-Hermans TM● Active	0795.192.637
GROEP ADC● Active	0889.701.717
RAMENCONSTRUCTIE CORSWAREM● Active	0434.283.945

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	22/06/2026	09/07/2025	11/07/2024	21/06/2023	06/07/2022	28/06/2021
General meeting	20/06/2026	20/06/2025	20/06/2024	20/06/2023	20/06/2022	20/06/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	22/06/2026	Dutch	PDF
Abridged model	31/12/2024	20/06/2025	09/07/2025	Dutch	PDF
Abridged model	31/12/2023	20/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	20/06/2023	21/06/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	06/07/2022	Dutch	PDF
Abridged model	31/12/2020	20/06/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	20/06/2020	11/07/2020	Dutch	PDF
Abridged model	31/12/2018	20/06/2019	01/07/2019	Dutch	PDF
Micro model	31/12/2017	20/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	20/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	16/07/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	20/06/2012	14/07/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	14/07/2010	Dutch	PDF

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.

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 · 2 active · 7 ended

Active mandates

JDC GROEP

Managing director · since 01 juillet 2024 · 0739.849.088

Represented by Corswarem DIRK

Active

GROEP ADC

Managing director · 0889.701.717

Represented by Corswarem An

Active

Ended mandates

GROEP ADC

Director · since 28 juin 2019 · 0889.701.717

Represented by Dirk Corswarem

Ended

GROEP ADC

Director · since 28 juin 2019 · 0889.701.717

Represented by Dirk Corswarem

Ended

An Corswarem

Director · since 01 juillet 2008

Ended

An Corswarem

Manager · since 01 juillet 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/07/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office01/10/2010
MAATSCHAPPELIJKE ZETEL
PDF
Other03/07/2008
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 202535,5 k €↓
2024
Annual accounts 202487 k €↓
2023
Annual accounts 2023165,4 k €↓
2022
Annual accounts 2022256,3 k €↑
2021
Annual accounts 2021147,3 k €↓
2020
Annual accounts 2020251,5 k €↑
2019
Annual accounts 2019144,7 k €↑
2018
Annual accounts 201867,3 k €↓
2017
Annual accounts 2017120,7 k €↑
2016
Annual accounts 201687,4 k €↑
2015
Annual accounts 201553 k €↓
2014
Annual accounts 201498,6 k €↑
2013
Annual accounts 20132,7 k €↓
2012
Annual accounts 20121,2 M €↓
2011
Annual accounts 20111,8 M €↑
2010
Annual accounts 2010853 k €↑
2009
Annual accounts 2009669,2 k €
01/07/2008
IncorporationPrivate limited company

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

ADC SOLAR CORSWAREM

Overview

What does ADC SOLAR CORSWAREM do?

Trend over 17 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