ADF Belgium SA
78.4 FTEADF Belgium reported revenue of €18.4m for the 2025 financial year (annual accounts filed with the NBB on 17 Jul 2026), with 78.4 full-time equivalents.
The score of ADF Belgium shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2025
Change 2022 → 2025: Revenue +9 % Equity -66 % Total assets -8 % Headcount (avg FTE) +8 %
Accounts of the company itself (not consolidated).
The full file covers 8 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
ADF Belgium's annual accounts
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | €18.4m | ||||
| Net result | −286,412 € | ||||
| Equity | 150,794 € | ||||
| Cash | €1.07m | ||||
| EBITDA | 130,417 € | ||||
| Total assets | €6.64m |
Filed annual accounts
- Year ended 31 Dec 2025filed on 17 Jul 2026
- Year ended 31 Dec 2024filed on 02 Oct 2025
- Year ended 31 Dec 2023filed on 31 Jul 2024
- Year ended 31 Dec 2022filed on 07 Jul 2023
- Year ended 31 Dec 2021filed on 17 Jun 2022
ADF Belgium's financial analysis
- Solvency2.3%sector median: 40.3%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of ADF Belgium
ADF Belgium's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0681.678.980
- VAT number
- BE0681678980
- Peppol
- Registered · 0208:0681678980 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 22 Sep 2017
- Registered office
- 2030 Antwerp
- Size
- Medium · 78.4 FTE
- Latest accounts
- 2025 · filed on 17 Jul 2026
- Activity
- Manufacture of central heating radiators, steam generators and boilers (NACE 25210)
ADF Belgium (SA) has been based in Antwerp since 2017, active in: manufacture of central heating radiators, steam generators and boilers. For 2025, it reports revenue of €18.4m, a net loss of 286,412 € and equity of 150,794 €. With 78.4 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at 2.3%, below the median of its sector (40.3%).
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Companies similar to ADF Belgium
Companies in the same business, of comparable size and area, outside its group.
- Inovex Manufacture of central heating radiators, steam generators and boilers Houffalize · balance sheet €6.16m
- Stefdec Engineering activities and related technical consultancy Temse · balance sheet €4.57m
- MAES Manufacture of central heating radiators, steam generators and boilers Turnhout · balance sheet €4.53m
- Veltec Manufacture of central heating radiators, steam generators and boilers Kapellen · balance sheet €4.82m
- Abutriek Service Manufacture of central heating radiators, steam generators and boilers Anzegem · balance sheet €9.10m
- Pommee Manufacture of central heating radiators, steam generators and boilers Herstal · balance sheet €3.18m
- Benvitec Manufacturing Manufacture of central heating radiators, steam generators and boilers Beringen · balance sheet €3.31m
- VDM Process Manufacture of central heating radiators, steam generators and boilers Tubize · balance sheet €2.54m
Frequently asked questions about ADF Belgium
What is the revenue of ADF Belgium?
According to the 2025 annual accounts filed with the NBB, the revenue of ADF Belgium amounts to 18,370,471 €.
What is the VAT number of ADF Belgium?
In Belgium, the VAT number is the company number prefixed with BE: BE0681678980 for ADF Belgium, if the company is VAT-registered. Its company number (CBE) is 0681.678.980.
Where is the registered office of ADF Belgium?
According to the CBE register, the registered office of ADF Belgium is in 2030 Antwerp.
What is the equity of ADF Belgium?
At the close of the 2025 financial year, the equity of ADF Belgium amounts to 150,794 €, a solvency of 2.3% of total assets.
How many people work at ADF Belgium?
78.4 full-time equivalents on average according to the 2025 social balance sheet.
Who manages ADF Belgium?
The register lists 5 active mandates at ADF Belgium. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
The full file of ADF Belgium
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
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