A.D. FINANCE
ActiveA.D. FINANCE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €-8k. Equity is shrinking by ~19.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 36% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-61
Solvency63▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.57 in 2024; short-term debt: 62.1% and cash: 0.4% of total assets), and 62.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 70
lower
← 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
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 2025Solvency, return and age of the figures
Solvency
37.9%
Return on assets
-28.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
29 d late
2023
29 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€261k
EBIT margin
3.2%
Net result
€-8k▼ 258%
2024 · €-2k
2018: €5k
2019: €36k
2020: €-2k
2021: €-5k
2022: €-5k
2023: €-10k
2024: €-2k
2018 → 2025
Working capital
€6k▼ 42.4%
2024 · €10k
2018: €-41k
2019: €-20k
2020: €-8k
2021: €-21
2022: €8k
2023: €8k
2024: €10k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€29k▼ 13.3%€20k▼ 32.6%€18k▼ 10.7%€10k▼ 42.7%
Operating result€-3k-€-398▲ 84.4%€-6k▼ 1,466%€2k€-5k
Net result€-5k-€-5k▲ 15.2%€-10k▼ 112%€-2k▲ 77.9%€-8k▼ 258%
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 €5k after €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€4k▼ 43.2%
Current assets
€22k▼ 18.1%
Equity and liabilities €27k
Equity
€10k▼ 42.7%
Debt
€17k▼ 4.4%
The debt ratio rises from 49.5% to 62.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €6k
Cash flow
€-4k▼
2024 · €2k
Solvency
37.9%▼
2024 · 50.5%
Current ratio
1.34▼
2024 · 1.57
Quick ratio
1.34▼
2024 · 1.57
Debt / equity
1.64▲
2024 · 0.98
ROE
-74.6%▼
2024 · -11.9%
ROA
-28.3%▼
2024 · -6.0%
Interest coverage
-12.89▼
2024 · 47.54
Debt
€17k▼
2024 · €17k
Debt ≤ 1 year
€17k▼
2024 · €17k
Income taxes
€3k▼
2024 · €4k
Staff costs
€1k▲
2024 · €556
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€35k€27k▼
Fixed assets21/28€8k€4k▼
Tangible fixed assets22/27€8k€4k▼
Land and buildings22€8k€4k▼
Plant, machinery and equipment23€167€17▼
Current assets29/58€27k€22k▼
Amounts receivable within one year40/41€27k€22k▼
Trade receivables40€8k€6k▼
Other amounts receivable41€19k€17k▼
Cash at bank and in hand54/58€107€100▼
Equity and liabilities
Total equity and liabilities10/49€35k€27k▼
Equity10/15€18k€10k▼
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€-50k€-58k▼
Amounts payable17/49€17k€17k▼
Amounts payable within one year42/48€17k€17k▼
Trade debts44€17k€17k▼
Suppliers440/4€17k€17k▼
Taxes, remuneration and social security45€86-
Taxes450/3€86-
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€556€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€376€183▼
Gross operating margin9900€8k€-47▼
Operating profit (loss)9901€2k€-5k▼
Financial charges65/66B€120€120=
Recurring financial charges65€120€120=
Profit (loss) for the period before taxes9903€2k€-5k▼
Income taxes67/77€4k€3k▼
Profit (loss) for the period9904€-2k€-8k▼
Profit (loss) for the period to be appropriated9905€-2k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-58k▼
Profit (loss) brought forward from the previous period14P€-48k€-50k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €36k ▲564%
Operating result €40k, net result €36k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
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.
15-12-2025
Alain DUMONT: Resigned as Director
03-04-2014
Bram DUMONT: Resigned as Director
03-04-2014
DUMONT Alain Daniel Cyriel: Resigned as Manager
01-01-2014
Bram DUMONT: Resigned as Managing director
12-12-2011
Vantomme Christine: Resigned as Director
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grote Markt 318930 MenenGround area
127 m²
Building footprint
139 m²
Volume, LiDAR
924 m³
Parcel 34027E0306/00B000, Flanders · tallest building 15.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Grote Markt 31, 8930 Menen
since 19922.056.632.897
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027E0306/00B000 | Flanders | 127 m² | 1 · 139 m² | 15.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
3 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Similar companies · same sector, comparable size
B2BeTogether
BE 1006.169.122
Ottignies-Louvain-la-Neuve · Eq €10k
Hamatus
BE 0795.831.253
Kortenberg · Eq €10k
BOYAN
BE 0784.766.820
Kapellen · Eq €10k
KDG MANAGEMENT
BE 0672.536.731
Schilde · Eq €10k
DSG DEVELOPMENT
BE 0647.750.360
Sint-Pieters-Woluwe · Eq €10k
Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 23,087 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-1992
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.