2M ADORA

Active

Private limited company (pre-2019)founded 20188 yrs activeLouis Mercierlaan(E) 53, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0696.686.068

Summary

The computed 12-month bankruptcy probability of 2M ADORA is 5.7% (elevated). The 2024 annual accounts show equity of €25,912 and a net result of -€1,685. Equity is shrinking by ~3.3% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

2M ADORAActiveChecked score 35/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€100,413total assets 2024

Equity: €25,912
Loss: -€1,685

Turnover not published (abridged schema)

Financial health

35 Weak Checked score 2024

Bankruptcy chance 12 m: 5.7%

Structure

Accounts 65 d overdue0 of 1 deed read

Why 35- Figures for FY 2024 (filed 29-08-2025)- 1 financial year not filed after the legal deadline; latest accounts 29 days late; 2 of the last 3 late- Liquidity: current ratio 1.35+ Size: total assets €100,413Show the evidence

Checked score

Score 2024

35 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 24% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 51

equity 25.8% of total assets

Liquidity 20

short-term debt 74.2%

Profitability 33

return on assets -1.7%

Bankruptcy probability, 12 months

5.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 4.3% 12-2024: 4.3%● 0.0% vs 11-2024 01-2025: 4.3%● 0.0% vs 12-2024 02-2025: 4.3%● 0.0% vs 01-2025 03-2025: 4.3%● 0.0% vs 02-2025 04-2025: 4.1%▼ -2.5% vs 03-2025 05-2025: 4.1%▼ -0.6% vs 04-2025 06-2025: 4.3%▲ +3.7% vs 05-2025 07-2025: 4.0%▼ -6.0% vs 06-2025 08-2025: 5.3%▲ +31.9% vs 07-2025 09-2025: 3.3%▼ -37.9% vs 08-2025 10-2025: 3.3%● 0.0% vs 09-2025 11-2025: 3.3%● 0.0% vs 10-2025 12-2025: 3.3%● 0.0% vs 11-2025 01-2026: 3.1%▼ -4.9% vs 12-2025 02-2026: 3.0%▼ -5.0% vs 01-2026 03-2026: 3.0%● 0.0% vs 02-2026 04-2026: 3.0%▼ -0.4% vs 03-2026 05-2026: 2.9%▼ -0.6% vs 04-2026 06-2026: 2.7%▼ -8.3% vs 05-2026 07-2026: 2.4%▼ -10.8% vs 06-2026lowest value 08-2026: 3.3%▲ +35.4% vs 07-2026 09-2026: 3.7%▲ +13.0% vs 08-2026 10-2026: 5.7%▲ +54.5% vs 09-2026highest value

Figures for FY 2024 (filed 29-08-2025) raises the probability
Size: total assets €100,413 lowers the probability for this profile
1 financial year not filed after the legal deadline; latest accounts 29 days late; 2 of the last 3 late raises the probability
Liquidity: current ratio 1.35 raises the probability

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.35 against 1.38 in 2023; short-term debt: 74.2% of total assets), and 74.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 31%, liquidity 12%, profitability 23%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2024 (filed 29-08-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €100,413

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

1 financial year not filed after the legal deadline; latest accounts 29 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 1.35

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

29 d late

2023

64 d late

2021

31 d late

2020

31 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 4 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage