ACTIVE

AD ADVISORY SERVICES

Export PDF

Financial year 2025 · closed on 31/05/2025

Net result

339,6 k €

-8.3% YoY

Gross margin

551,9 k €

-8.4% YoY

Equity

2 M €

+10.9% YoY

What does AD ADVISORY SERVICES do?

AD ADVISORY SERVICES is a Private limited company incorporated in 2008. Its registered office is in Waregem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0899.354.405

Incorporation

14/07/2008

Legal form

Private limited company

Registered office

Zilverbergstraat 28
8792 Waregem · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/05/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	551,9 k €	-8.4%	602,5 k €	-10.3%	671,7 k €	+61.2%	416,7 k €	+85.4%	224,7 k €	-6.3%	239,8 k €	+11.7%	214,7 k €	+12.6%	190,6 k €	-18.6%	234,1 k €	+17.4%	199,3 k €	-23.9%	261,8 k €	+31.1%	199,7 k €	+36.8%	146 k €	-13.7%	169,1 k €	+37.6%	122,9 k €	+381%	25,6 k €
EBITDA	538,5 k €	-8.3%	587 k €	-12.0%	667,1 k €	+61.5%	413,1 k €	+86.8%	221,1 k €	-5.5%	233,9 k €	+12.8%	207,3 k €	+10.8%	187,1 k €	-19.5%	232,4 k €	+17.7%	197,4 k €	-24.2%	260,6 k €	+32.2%	197,2 k €	+40.0%	140,9 k €	-16.3%	168,3 k €	+37.9%	122 k €	+411%	23,9 k €
Operating result	488,1 k €	-5.8%	518,1 k €	-20.0%	647,3 k €	+66.5%	388,9 k €	+96.3%	198,1 k €	-5.6%	209,7 k €	+13.9%	184,1 k €	+4.0%	176,9 k €	-14.6%	207,1 k €	+9.6%	188,9 k €	-24.5%	250 k €	+33.7%	187 k €	+42.3%	131,4 k €	-19.7%	163,6 k €	+39.2%	117,6 k €	+398%	23,6 k €
Net result	339,6 k €	-8.3%	370,4 k €	-19.9%	462,1 k €	+61.6%	286 k €	+124%	127,9 k €	-8.8%	140,3 k €	+23.7%	113,4 k €	+13.2%	100,2 k €	-20.0%	125,2 k €	-4.0%	130,4 k €	-18.2%	159,5 k €	+35.7%	117,6 k €	+40.3%	83,8 k €	-17.6%	101,7 k €	+37.0%	74,2 k €	+378%	15,5 k €
Balance sheet
Equity	2 M €	+10.9%	1,8 M €	+16.3%	1,6 M €	+18.1%	1,3 M €	+52.9%	872,4 k €	+17.2%	744,5 k €	+23.2%	604,2 k €	+23.1%	490,9 k €	+25.6%	390,7 k €	+47.1%	265,5 k €	+96.5%	135,1 k €	-23.0%	175,6 k €	+203%	58 k €	-43.1%	102,1 k €	-0.1%	102,1 k €	+266%	27,9 k €
Total assets	2,5 M €	+9.9%	2,2 M €	+15.9%	1,9 M €	+24.4%	1,6 M €	+58.6%	981,8 k €	+4.6%	938,7 k €	+7.3%	874,8 k €	+20.5%	725,9 k €	+16.0%	625,7 k €	+44.5%	433 k €	-9.6%	479,2 k €	+49.3%	321 k €	+77.4%	181 k €	-30.0%	258,5 k €	+42.5%	181,4 k €	+199%	60,8 k €
Cash	58,8 k €	+30.9%	44,9 k €	-51.2%	92 k €	+90.5%	48,3 k €	-19.7%	60,2 k €	-24.5%	79,7 k €	+50.5%	53 k €	+49.3%	35,5 k €	+363%	7,7 k €	-88.3%	65,6 k €	+107%	31,7 k €	-15.8%	37,7 k €	+26.4%	29,8 k €	-42.2%	51,5 k €	+119%	23,5 k €	-49.0%	46,2 k €
Debts	432,1 k €	+5.1%	410,9 k €	+13.9%	360,8 k €	+62.0%	222,7 k €	+108%	107,3 k €	-44.1%	192 k €	-29.0%	270,6 k €	+15.1%	235,1 k €	+0.3%	234,3 k €	+40.8%	166,4 k €	-51.5%	343 k €	+137%	144,7 k €	+18.4%	122,2 k €	-21.5%	155,7 k €	+96.5%	79,3 k €	+141%	32,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/05/2025 · 1 active · 3 ended

Active mandates

Andy Deprez

Director · since 14 juillet 2008

Active

Ended mandates

ANDY DEPREZ

Manager · since 14 juillet 2008

Ended

Andy Deprez

Director

Ended

Andy Deprez

Manager

Ended

Annual accounts

Full financial information

	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	01/06/2024	01/06/2023	01/06/2022	01/06/2021	01/06/2020	01/06/2019
Closing of the financial year	31/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021	31/05/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/12/2025	21/12/2024	21/11/2023	13/12/2022	26/11/2021	15/12/2020
General meeting	21/11/2025	15/11/2024	17/11/2023	18/11/2022	19/11/2021	20/11/2020
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 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/05/2025	21/11/2025	16/12/2025	Dutch	PDF
Micro model	31/05/2024	15/11/2024	21/12/2024	Dutch	PDF
Micro model	31/05/2023	17/11/2023	21/11/2023	Dutch	PDF
Micro model	31/05/2022	18/11/2022	13/12/2022	Dutch	PDF
Micro model	31/05/2021	19/11/2021	26/11/2021	Dutch	PDF
Micro model	31/05/2020	20/11/2020	15/12/2020	Dutch	PDF
Micro model	31/05/2019	15/11/2019	15/01/2020	Dutch	PDF
Micro model	31/05/2018	16/11/2018	11/01/2019	Dutch	PDF
Micro model	31/05/2017	17/11/2017	15/12/2017	Dutch	PDF
Abridged model	31/05/2016	18/11/2016	28/11/2016	Dutch	PDF
Abridged model	31/05/2015	20/11/2015	26/11/2015	Dutch	PDF
Abridged model	31/05/2014	21/11/2014	28/11/2014	Dutch	PDF
Abridged model	31/05/2013	15/11/2013	19/12/2013	Dutch	PDF
Abridged model	31/05/2012	16/11/2012	31/01/2013	Dutch	PDF
Abridged model	31/05/2011	18/11/2011	16/12/2011	Dutch	PDF
Abridged model	31/05/2010	19/11/2010	22/11/2010	Dutch	PDF
Abridged model	31/05/2009	20/11/2009	23/11/2009	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/05/2025 · 1 active · 3 ended

Active mandates

Andy Deprez

Director · since 14 juillet 2008

Active

Ended mandates

ANDY DEPREZ

Manager · since 14 juillet 2008

Ended

Andy Deprez

Director

Ended

Andy Deprez

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other29/07/2008
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 2025339,6 k €↓
2024
Annual accounts 2024370,4 k €↓
2023
Annual accounts 2023462,1 k €↑
2022
Annual accounts 2022286 k €↑
2020
Annual accounts 2020127,9 k €↓
2019
Annual accounts 2019140,3 k €↑
2018
Annual accounts 2018113,4 k €↑
2017
Annual accounts 2017100,2 k €↓
2016
Annual accounts 2016125,2 k €↓
2015
Annual accounts 2015130,4 k €↓
2014
Annual accounts 2014159,5 k €↑
2013
Annual accounts 2013117,6 k €↑
2012
Annual accounts 201283,8 k €↓
2011
Annual accounts 2011101,7 k €↑
2010
Annual accounts 201074,2 k €↑
2009
Annual accounts 200915,5 k €
14/07/2008
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

AD ADVISORY SERVICES

Overview

What does AD ADVISORY SERVICES do?

Trend over 16 financial years

Indicative valuation

Board of directors

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