A.D.A.
ActiveSummary
A.D.A. has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163,165 and a net result of €85. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 10519 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▲+6
Solvency55▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.22 in 2024; short-term debt: 25% and cash: 0.4% of total assets), and 69.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.1%
Return on assets
0%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
17 d late
2024
31 d early
2023
36 d early
2022
12 d early
2021
1 d late
2020
71 d early
2019
87 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 19 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€163,165▲ 0.3%
2024 · €162,702
Total assets
€542,885▼ 5.5%
2024 · €574,659
Net result
€85
2024 · -€4,202
Working capital
-€129,068▼ 8.7%
2024 · -€118,691
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€5,777▼ 124%€132,042-€6,709€4,120€7,899▲ 91.7%
Net result-€1,540within the sector's middle half▲ 46.9%€99,271within the sector's middle half-€15,290below the sector's middle half-€4,202below the sector's middle half▲ 72.5%€85below the sector's middle half
Equity€82,923within the sector's middle half▼ 1.8%€182,194within the sector's middle half▲ 120%€166,904within the sector's middle half▼ 8.4%€162,702above the sector's middle half▼ 2.5%€163,165within the sector's middle half▲ 0.3%
Total assets€88,031within the sector's middle half▲ 0.6%€410,055below the sector's middle half▲ 366%€562,614within the sector's middle half▲ 37.2%€574,659above the sector's middle half▲ 2.1%€542,885within the sector's middle half▼ 5.5%
Debt€5,108▲ 69.5%€198,969▲ 3,795%€366,817▲ 84.4%€383,066▲ 4.4%€351,206▼ 8.3%
Working capital€7,921within the sector's middle half▲ 180%-€12,879below the sector's middle half-€54,462below the sector's middle half▼ 323%-€118,691below the sector's middle half▼ 118%-€129,068below the sector's middle half▼ 8.7%
Solvency94.2%above the sector's middle half▼ 2.4pp44.4%within the sector's middle half▼ 49.8pp29.7%within the sector's middle half▼ 14.8pp28.3%within the sector's middle half▼ 1.4pp30.1%within the sector's middle half▲ 1.7pp
Current ratio2.55within the sector's middle half▲ 0.610.94below the sector's middle half▼ 1.620.55below the sector's middle half▼ 0.390.22below the sector's middle half▼ 0.330.05below the sector's middle half▼ 0.17
Return on assets (ROA)-1.7%below the sector's middle half▲ 1.6pp24.2%above the sector's middle half▲ 26.0pp-2.7%below the sector's middle half▼ 26.9pp-0.7%within the sector's middle half▲ 2.0pp0.0%below the sector's middle half▲ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 92% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €542,885
Fixed assets
€536,092 ▼ 1.0%
Current assets
€6,794 ▼ 79.5%
Equity and liabilities €542,885
Equity
€163,165 ▲ 0.3%
Provisions
€28,514 ▼ 1.3%
Debt
€351,206 ▼ 8.3%
Debt's share of the balance-sheet total falls from 66.7% to 64.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,382▲
2024 · €9,388
Cash flow
€5,568▲
2024 · €1,066
Debt to equity
2.15▼
2024 · 2.35
ROE
0.1%▲
2024 · -2.6%
Interest coverage
1.71▲
2024 · 1.13
Debt ≤ 1 year
€135,861▼
2024 · €151,775
Debt > 1 year
€215,345▼
2024 · €231,291
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €842 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,961 | €4,884 | €4,750 | €5,268 | €5,483 | ▲ 4.1% |
| Other operating charges640/8 | €3,999 | €3,810 | €5,930 | €3,080 | €1,131 | ▼ 63.3% |
| Non-recurring operating charges66A | €4,535 | - | - | - | - | - |
| Gross operating margin9900 | €10,718 | €140,737 | €3,972 | €12,468 | €14,513 | ▲ 16.4% |
| Operating profit (loss)9901 | -€5,777 | €132,042 | -€6,709 | €4,120 | €7,899 | ▲ 91.7% |
| Financial income75/76B | €23 | €53 | €312 | €7 | - | - |
| Recurring financial income75 | €23 | €53 | €312 | €7 | - | - |
| Financial charges65/66B | -€4,380 | €250 | €8,893 | €8,329 | €7,814 | ▼ 6.2% |
| Recurring financial charges65 | €100 | €250 | €8,893 | €8,329 | €7,814 | ▼ 6.2% |
| Non-recurring financial charges66B | -€4,480 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€1,374 | €131,846 | -€15,290 | -€4,202 | €85 | ▲ 102% |
| Transfer to deferred taxes680 | - | €28,892 | - | - | - | - |
| Income taxes67/77 | €167 | €3,683 | €0 | - | - | - |
| Profit (loss) for the period9904 | -€1,540 | €99,271 | -€15,290 | -€4,202 | €85 | ▲ 102% |
| Transfer to tax-exempt reserves689 | - | €86,676 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,540 | €12,595 | -€15,290 | -€4,202 | €85 | ▲ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88,031 | €410,055 | €562,614 | €574,659 | €542,885 | ▼ 5.5% |
| Fixed assets21/28 | €75,002 | €223,965 | €496,994 | €541,575 | €536,092 | ▼ 1.0% |
| Tangible fixed assets22/27 | €75,002 | €35,686 | €33,715 | €78,296 | €72,813 | ▼ 7.0% |
| Land and buildings22 | €75,002 | €31,346 | €28,260 | €73,900 | €69,303 | ▼ 6.2% |
| Other tangible fixed assets26 | - | €4,339 | €5,455 | €4,396 | €3,509 | ▼ 20.2% |
| Financial fixed assets28 | - | €188,279 | €463,279 | €463,279 | €463,279 | = |
| Current assets29/58 | €13,029 | €186,090 | €65,619 | €33,084 | €6,794 | ▼ 79.5% |
| Amounts receivable within one year40/41 | €763 | €753 | €23,199 | €27,899 | €4,700 | ▼ 83.2% |
| Other amounts receivable41 | €763 | €753 | €23,199 | €27,899 | €4,700 | ▼ 83.2% |
| Cash at bank and in hand54/58 | €12,266 | €185,337 | €42,420 | €5,185 | €2,094 | ▼ 59.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88,031 | €410,055 | €562,614 | €574,659 | €542,885 | ▼ 5.5% |
| Equity10/15 | €82,923 | €182,194 | €166,904 | €162,702 | €163,165 | ▲ 0.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €29,905 | €128,774 | €128,774 | €128,774 | €127,641 | ▼ 0.9% |
| Non-distributable reserves130/1 | €3,099 | €3,099 | - | - | - | - |
| Reserves not available under the articles1311 | €3,099 | €3,099 | - | - | - | - |
| Tax-exempt reserves132 | - | €86,676 | €86,676 | €86,676 | €85,543 | ▼ 1.3% |
| Distributable reserves133 | €26,806 | €39,000 | €42,099 | €42,099 | €42,099 | = |
| Profit (loss) carried forward14 | €34,418 | €34,819 | €19,530 | €15,328 | €16,923 | ▲ 10.4% |
| Provisions and deferred taxes16 | - | €28,892 | €28,892 | €28,892 | €28,514 | ▼ 1.3% |
| Deferred taxes168 | - | €28,892 | €28,892 | €28,892 | €28,514 | ▼ 1.3% |
| Amounts payable17/49 | €5,108 | €198,969 | €366,817 | €383,066 | €351,206 | ▼ 8.3% |
| Amounts payable after more than one year17 | - | - | €246,736 | €231,291 | €215,345 | ▼ 6.9% |
| Financial debts170/4 | - | - | €246,736 | €231,291 | €215,345 | ▼ 6.9% |
| Amounts payable within one year42/48 | €5,108 | €198,969 | €120,081 | €151,775 | €135,861 | ▼ 10.5% |
| Current portion of amounts payable after more than one year42 | - | - | €14,961 | €15,446 | €15,946 | ▲ 3.2% |
| Trade debts44 | €4,627 | €6,840 | €6,840 | €6,050 | €236 | ▼ 96.1% |
| Suppliers440/4 | €4,627 | €6,840 | €6,840 | €6,050 | €236 | ▼ 96.1% |
| Taxes, remuneration and social security45 | €481 | €3,849 | - | - | - | - |
| Taxes450/3 | €481 | €3,849 | - | - | - | - |
| Other amounts payable47/48 | - | €188,279 | €98,279 | €130,279 | €119,680 | ▼ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,540 | €99,271 | -€15,290 | -€4,202 | €85 | ▲ 102% |
| + Depreciation and write-downs630 | €7,961 | €4,884 | €4,750 | €5,268 | €5,483 | ▲ 4.1% |
| Operating cash flow (approximation) | €6,421 | €104,155 | -€10,539 | €1,066 | €5,568 | ▲ 422% |
| Investment in fixed assets (approximation) | - | -€153,847 | -€277,780 | -€49,849 | €0 | ▲ 100% |
| Change in cash | - | €173,072 | -€142,917 | -€37,235 | -€3,091 | ▲ 91.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
31-12
Financial
Back to profitnet €85
Net result €85 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€15,290
Net result drops to -€15,290, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €99,271
Net result €99,271 after 4 loss-making years.
31-12
Financial
Equity above €150,000Eq €182,194 ▲120%
Equity rises from €82,923 to €182,194.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Liquidity quadruplescurrent ratio 1.94
Current ratio from 0.50 to 1.94; short-term debt falls from €3,800 to €3,013.
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 1986
Ground area
583 m²
Building footprint
317 m²
Volume, LiDAR
3,099 m³
2 parcels, Brussels, Wallonia · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Place Verte 34, 4800 Verviers
since 19862.028.669.183
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0470/00H009 | Brussels | 485 m² | 1 · 237 m² | 13.3 m · 2 fl. |
| 63079A0314/00E000 | Wallonia | 98 m² | 1 · 80 m² | 18.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,271 companies in sector 47512 we hold annual accounts for 581. 486 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1986
Fiscal year end31-12
Activities, NACEBEL 2025
47512Retail sale of household textiles and bedding
47715Retail trade
47721Retail sale of footwear
47722Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428289642
Registered
02-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.