A.D. CONSULT
ActiveSummary
A.D. CONSULT has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €-8k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-82
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 54.04 against 6.91 in 2024; short-term debt: 1.7% and cash: 36.4% of total assets), and 1.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
24 d early
2023
27 d late
2022
96 d early
2021
47 d early
2020
66 d early
2019
150 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€87k▼ 8.6%
2024 · €95k
2018: €60klowest in 8 years
2019: €64k▲ +6.0% vs 2018
2020: €71k▲ +10.4% vs 2019
2021: €75k▲ +5.9% vs 2020
2022: €75k● 0.0% vs 2021
2023: €88k▲ +18.1% vs 2022
2024: €95k▲ +7.8% vs 2023highest in 8 years
2025: €87k▼ -8.6% vs 2024
2018 → 2025
Total assets
€89k▼ 20.7%
2024 · €112k
2018: €114khighest in 8 years
2019: €100k▼ -11.7% vs 2018
2020: €87k▼ -13.1% vs 2019lowest in 8 years
2021: €88k▲ +1.3% vs 2020
2022: €104k▲ +17.4% vs 2021
2023: €94k▼ -8.9% vs 2022
2024: €112k▲ +18.4% vs 2023
2025: €89k▼ -20.7% vs 2024
2018 → 2025
Net result
€-8k
2024 · €18k
2018: €54khighest in 8 years
2019: €14k▼ -74.9% vs 2018
2020: €11k▼ -15.9% vs 2019
2021: €16k▲ +38.1% vs 2020
2022: €21k▲ +30.1% vs 2021
2023: €14k▼ -34.0% vs 2022
2024: €18k▲ +34.8% vs 2023
2025: €-8k▼ -145% vs 2024lowest in 8 years
2018 → 2025
Working capital
€78k▼ 9.9%
2024 · €86k
2018: €60klowest in 8 years
2019: €64k▲ +6.0% vs 2018
2020: €71k▲ +10.4% vs 2019
2021: €66k▼ -6.6% vs 2020
2022: €61k▼ -7.3% vs 2021
2023: €76k▲ +24.6% vs 2022
2024: €86k▲ +13.4% vs 2023highest in 8 years
2025: €78k▼ -9.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€75k=€88k▲ 18.1%€95k▲ 7.8%€87k▼ 8.6%
2021: €75klowest in 5 years
2022: €75k● 0.0% vs 2021lowest in 5 years
2023: €88k▲ +18.1% vs 2022
2024: €95k▲ +7.8% vs 2023highest in 5 years
2025: €87k▼ -8.6% vs 2024
Operating result€22k-€28k▲ 26.9%€22k▼ 23.6%€27k▲ 26.1%€-9k
2021: €22k
2022: €28k▲ +26.9% vs 2021highest in 5 years
2023: €22k▼ -23.6% vs 2022
2024: €27k▲ +26.1% vs 2023
2025: €-9k▼ -135% vs 2024lowest in 5 years
Net result€16k-€21k▲ 30.1%€14k▼ 34.0%€18k▲ 34.8%€-8k
2021: €16k
2022: €21k▲ +30.1% vs 2021highest in 5 years
2023: €14k▼ -34.0% vs 2022
2024: €18k▲ +34.8% vs 2023
2025: €-8k▼ -145% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €27k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€9k ▼ 13.9%
Current assets
€79k ▼ 21.5%
Equity and liabilities €89k
Equity
€87k ▼ 8.6%
Debt
€1k ▼ 91.1%
Debt's share of the balance-sheet total falls from 14.7% to 1.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2024 · €29k
Cash flow
€-7k▼
2024 · €20k
Current ratio
54.04▲
2024 · 6.91
Debt to equity
0.02▼
2024 · 0.17
ROE
-9.4%▼
2024 · 19.2%
ROA
-9.2%▼
2024 · 16.4%
Interest coverage
-24.20▼
2024 · 92.33
Debt ≤ 1 year
€1k▼
2024 · €15k
Income taxes
€0▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€112k€89k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€9k▼
Other tangible fixed assets26€11k€9k▼
Current assets29/58€101k€79k▼
Amounts receivable within one year40/41€47k€47k▲
Trade receivables40€19k€13k▼
Other amounts receivable41€27k€34k▲
Cash at bank and in hand54/58€55k€32k▼
Equity and liabilities
Total equity and liabilities10/49€112k€89k▼
Equity10/15€95k€87k▼
Contributions10/11€8k€8k=
Reserves13€87k€87k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€85k€85k=
Profit (loss) carried forward14€0€-8k▼
Amounts payable17/49€16k€1k▼
Amounts payable within one year42/48€15k€1k▼
Financial debts43€496€368▼
Credit institutions430/8€496€368▼
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€2k€32▼
Taxes450/3€2k€32▼
Other amounts payable47/48€11k€0▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€578€1k▲
Gross operating margin9900€29k€-7k▼
Operating profit (loss)9901€27k€-9k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€311€329▲
Recurring financial charges65€311€329▲
Profit (loss) for the period before taxes9903€28k€-8k▼
Income taxes67/77€10k€0▼
Profit (loss) for the period9904€18k€-8k▼
Profit (loss) for the period to be appropriated9905€18k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€-8k▼
Transfer from equity791/2€11k€0▼
Transfer to equity691/2€18k€0▼
To other reserves6921€18k€0▼
Profit to be distributed694/7€11k€0▼
Return on contributions (dividend)694€11k€0▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147 | €1k | €1k | €1k | €1k | = |
| Other operating charges640/8 | €558 | €589 | €816 | €578 | €1k | ▲ 104% |
| Gross operating margin9900 | €23k | €30k | €24k | €29k | €-7k | ▼ 123% |
| Operating profit (loss)9901 | €22k | €28k | €22k | €27k | €-9k | ▼ 135% |
| Financial income75/76B | €0 | €533 | €1k | €2k | €2k | ▲ 5.0% |
| Recurring financial income75 | €0 | €533 | €1k | €2k | €2k | ▲ 5.0% |
| Financial charges65/66B | €359 | €367 | €317 | €311 | €329 | ▲ 5.5% |
| Recurring financial charges65 | €359 | €367 | €317 | €311 | €329 | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | €22k | €28k | €22k | €28k | €-8k | ▼ 129% |
| Income taxes67/77 | €6k | €8k | €9k | €10k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €16k | €21k | €14k | €18k | €-8k | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | €16k | €21k | €14k | €18k | €-8k | ▼ 145% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €88k | €104k | €94k | €112k | €89k | ▼ 20.7% |
| Fixed assets21/28 | €9k | €14k | €12k | €11k | €9k | ▼ 13.9% |
| Tangible fixed assets22/27 | €9k | €14k | €12k | €11k | €9k | ▼ 13.9% |
| Other tangible fixed assets26 | €9k | €14k | €12k | €11k | €9k | ▼ 13.9% |
| Current assets29/58 | €79k | €90k | €82k | €101k | €79k | ▼ 21.5% |
| Amounts receivable within one year40/41 | €50k | €43k | €55k | €47k | €47k | ▲ 1.3% |
| Trade receivables40 | €48k | €29k | €30k | €19k | €13k | ▼ 32.2% |
| Other amounts receivable41 | €2k | €14k | €25k | €27k | €34k | ▲ 24.7% |
| Cash at bank and in hand54/58 | €29k | €47k | €28k | €55k | €32k | ▼ 40.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €88k | €104k | €94k | €112k | €89k | ▼ 20.7% |
| Equity10/15 | €75k | €75k | €88k | €95k | €87k | ▼ 8.6% |
| Contributions10/11 | €8k | €8k | €8k | €8k | €8k | = |
| Reserves13 | €67k | €67k | €80k | €87k | €87k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €65k | €65k | €78k | €85k | €85k | = |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | €-8k | - |
| Amounts payable17/49 | €13k | €29k | €6k | €16k | €1k | ▼ 91.1% |
| Amounts payable within one year42/48 | €13k | €29k | €6k | €15k | €1k | ▼ 90.0% |
| Financial debts43 | - | - | €1k | €496 | €368 | ▼ 25.9% |
| Credit institutions430/8 | - | - | €1k | €496 | €368 | ▼ 25.9% |
| Trade debts44 | €8k | €6k | €987 | €1k | €1k | ▼ 14.8% |
| Suppliers440/4 | €8k | €6k | €987 | €1k | €1k | ▼ 14.8% |
| Taxes, remuneration and social security45 | €4k | €2k | €4k | €2k | €32 | ▼ 97.9% |
| Taxes450/3 | €4k | €2k | €4k | €2k | €32 | ▼ 97.9% |
| Other amounts payable47/48 | €2k | €21k | €0 | €11k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €2k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €21k | €14k | €18k | €-8k | ▼ 145% |
| + Depreciation and write-downs630 | €147 | €1k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €16k | €22k | €15k | €20k | €-7k | ▼ 134% |
| Investment in fixed assets (approximation) | - | €-6k | €0 | €0 | €0 | - |
| Change in cash | - | €17k | €-19k | €27k | €-22k | ▼ 183% |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series.
31-12
Financial
Liquidity times 8current ratio 54.04
Current ratio from 6.91 to 54.04; short-term debt falls from €15k to €1k.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 13.61
Current ratio from 3.12 to 13.61; short-term debt falls from €29k to €6k.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Oosterzele · 1 establishment unit since 1997
Ground area
1,161 m²
Building footprint
203 m²
Volume, LiDAR
1,144 m³
Parcel 44046A0502/00B000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A.D. CONSULT
since 19972.082.971.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44046A0502/00B000 | Flanders | 1,161 m² | 1 · 203 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,361 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 (pre-2019)
Founded11-08-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.