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A.D.D. CONSTRUCTIONS

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 199035 yrs activeRue Provinciale 149, 4042 Herstal, BelgiumKBO/BCE: BE 0441.640.505
Summary

A.D.D. CONSTRUCTIONS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€73,042) and a net result of -€1,282. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 7586 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0
Solvency0
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192122232425
2018 to 2025 · latest year -€73,042
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
53 d late
2023
418 d late
2022
57 d late
2021
21 d late
2019
87 d late
2018
118 d late
← 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 107 days after 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 22 September (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

A.D.D. CONSTRUCTIONS was incorporated on 9 October 1990.1 Total assets fell from EUR 31,807 in 2021 to EUR 3,627 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2023

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Financials · fiscal year 2025, micro schema

Equity
-€73,042▼ 1.8%
2024 · -€71,760
Total assets
€179▼ 95.1%
2023 · €3,627
Net result
-€1,282▲ 54.9%
2024 · -€2,839
Working capital
-€73,042▼ 6.0%
2023 · -€68,921
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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€854--€30,255€15,305-€1,956-€538▲ 72.5%
Net result€121within the sector's middle half--€31,467below the sector's middle half€13,836within the sector's middle half-€2,839below the sector's middle half-€1,282below the sector's middle half▲ 54.9%
Equity-€51,290below the sector's middle half--€82,757below the sector's middle half▼ 61.4%-€68,921below the sector's middle half▲ 16.7%-€71,760below the sector's middle half▼ 4.1%-€73,042below the sector's middle half▼ 1.8%
Total assets€31,807below the sector's middle half-€12,673below the sector's middle half▼ 60.2%€3,627below the sector's middle half▼ 71.4%€179below the sector's middle half
Debt€83,097-€95,430▲ 14.8%€72,548▼ 24.0%€71,760▼ 1.1%€73,220▲ 2.0%
Working capital-€51,290below the sector's middle half--€82,757below the sector's middle half▼ 61.4%-€68,921below the sector's middle half▲ 16.7%-€73,042below the sector's middle half
Solvency-161.3%below the sector's middle half--653.0%below the sector's middle half▼ 491.8pp
Current ratio0.38below the sector's middle half-0.13below the sector's middle half▼ 0.25
Return on assets (ROA)0.4%within the sector's middle half--248.3%below the sector's middle half▼ 248.7pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: €854€854Net result 2021: €121€121Operating result 2022: -€30,255-€30,255Net result 2022: -€31,467-€31,467Operating result 2023: €15,305€15,305Net result 2023: €13,836€13,836Operating result 2024: -€1,956-€1,956Net result 2024: -€2,839-€2,839Operating result 2025: -€538-€538Net result 2025: -€1,282-€1,28220212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: €15,305€15,300Net result 2023: €13,836€13,800Operating result 2024: -€1,956-€1,960Net result 2024: -€2,839-€2,840Operating result 2025: -€538-€538Net result 2025: -€1,282-€1,280202320242025
The operating result stays negative: a loss of €538 in 2025 against €1,956 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€73,220▲
2024 · €71,760
Ratios withheld: a balance sheet total of €179 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.8% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58-€179
Current assets29/58-€179
Amounts receivable within one year40/41-€179
Other amounts receivable41-€179
Equity and liabilities
Total equity and liabilities10/49-€179
Equity10/15-€71,760-€73,042▼
Contributions10/11€18,592€18,592=
Reserves13€16,733€16,733=
Non-distributable reserves130/1€3,099€3,099=
Reserves not available under the articles1311€3,099€3,099=
Distributable reserves133€13,634€13,634=
Profit (loss) carried forward14-€107,085-€108,367▼
Amounts payable17/49€71,760€73,220▲
Amounts payable within one year42/48€71,760€73,220▲
Current portion of amounts payable after more than one year42€608€2,376▲
Other amounts payable47/48€71,153€70,845▼
Income statement Code20242025
Other operating charges640/8-€400
Gross operating margin9900-€1,956-€138▲
Operating profit (loss)9901-€1,956-€538▲
Financial charges65/66B€884€744▼
Recurring financial charges65€884€744▼
Profit (loss) for the period before taxes9903-€2,839-€1,282▲
Profit (loss) for the period9904-€2,839-€1,282▲
Profit (loss) for the period to be appropriated9905-€2,839-€1,282▲
Appropriation of the result
Profit (loss) to be appropriated9906-€107,085-€108,367▼
Profit (loss) brought forward from the previous period14P-€104,246-€107,085▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€523€348--€400-
Gross operating margin9900€1,378-€29,908€15,305-€1,956-€138▲ 92.9%
Operating profit (loss)9901€854-€30,255€15,305-€1,956-€538▲ 72.5%
Financial income75/76B€3-----
Recurring financial income75€3-----
Financial charges65/66B€663€1,118€1,174€884€744▼ 15.9%
Recurring financial charges65€663€1,118€1,174€884€744▼ 15.9%
Profit (loss) for the period before taxes9903€195-€31,373€14,131-€2,839-€1,282▲ 54.9%
Income taxes67/77€74€94€295---
Profit (loss) for the period9904€121-€31,467€13,836-€2,839-€1,282▲ 54.9%
Profit (loss) for the period to be appropriated9905€121-€31,467€13,836-€2,839-€1,282▲ 54.9%
Line20212022202320242025Change
Assets
Total assets20/58€31,807€12,673€3,627-€179-
Current assets29/58€31,807€12,673€3,627-€179-
Amounts receivable within one year40/41€13,725€12,673€1,277-€179-
Trade receivables40€12,868€10,788----
Other amounts receivable41€857€1,885€1,277-€179-
Cash at bank and in hand54/58€259-€2,350---
Deferred charges and accrued income490/1€17,823-----
Equity and liabilities
Total equity and liabilities10/49€31,807€12,673€3,627-€179-
Equity10/15-€51,290-€82,757-€68,921-€71,760-€73,042▼ 1.8%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€16,733€16,733€16,733€16,733€16,733=
Non-distributable reserves130/1€3,099€3,099€3,099€3,099€3,099=
Reserves not available under the articles1311€3,099€3,099€3,099€3,099€3,099=
Distributable reserves133€13,634€13,634€13,634€13,634€13,634=
Profit (loss) carried forward14-€86,614-€118,082-€104,246-€107,085-€108,367▼ 1.2%
Amounts payable17/49€83,097€95,430€72,548€71,760€73,220▲ 2.0%
Amounts payable within one year42/48€83,097€95,430€72,548€71,760€73,220▲ 2.0%
Current portion of amounts payable after more than one year42---€608€2,376▲ 291%
Financial debts43-€1,015----
Credit institutions430/8-€1,015----
Trade debts44€26,360€18,189€2,316---
Suppliers440/4€26,360€18,189€2,316---
Taxes, remuneration and social security45€74€168€126---
Taxes450/3€74€168€126---
Other amounts payable47/48€56,662€76,058€70,106€71,153€70,845▼ 0.4%
Line20212022202320242025Change
Profit (loss) for the period9904€121-€31,467€13,836-€2,839-€1,282▲ 54.9%
Operating cash flow (approximation)€121-€31,467€13,836-€2,839-€1,282▲ 54.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 53 days late
22-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 418 days late
2023
31-12
Financial Back to profitnet €13,836
Net result €13,836 after one loss-making year.
26-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial Weakest financial yearnet -€31,467
Net result drops to -€31,467, the lowest in the series; recovery starts the following year.
21-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 21 days late
2021
31-12
Financial Back to profitnet €121
Net result €121 after one loss-making year.
2020
26-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
26-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 118 days late
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
03-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 3 days late
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, Herstal · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
420 m²
Building footprint
115 m²
Parcel 62064B0141/05A000, Wallonia. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Rue Provinciale 149, 4042 Herstal
NACE 451
since 19902.049.898.426
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62064B0141/05A000 Wallonia 420 m² 1 · 115 m² -
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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. See the whole sector

Identification & contact

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded09-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.