A.D.L. EXPRESS
ActiveA.D.L. EXPRESS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €310k and a net result of €49k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 76% of 109 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+2
Solvency85▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.86 in 2024; short-term debt: 35.3% and cash: 35.6% of total assets), and 39.7% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← 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
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
60.3%
Return on assets
9.6%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 10 filingsDeviation from the deadline
2025
22 d late
2024
on the day
2023
1 d early
2022
on the day
2021
2 d early
2020
23 d late
2019
26 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€49k▲ 27.8%
2024 · €38k
2018: €65k
2019: €68k
2020: €102k
2021: €105k
2022: €87k
2023: €8k
2024: €38k
2018 → 2025
Working capital
€271k▼ 17.6%
2024 · €328k
2018: €235k
2019: €269k
2020: €380k
2021: €392k
2022: €391k
2023: €355k
2024: €328k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€425k-€426k▲ 0.2%€393k▼ 7.7%€363k▼ 7.6%€310k▼ 14.7%
Operating result€161k-€128k▼ 20.2%€20k▼ 84.2%€63k▲ 210%€86k▲ 37.1%
Net result€105k-€87k▼ 17.9%€8k▼ 90.8%€38k▲ 381%€49k▲ 27.8%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €513k
Fixed assets
€62k▲ 78.7%
Current assets
€452k▼ 10.6%
Equity and liabilities €513k
Equity
€310k▼ 14.7%
Debt
€204k▲ 15.2%
The debt ratio rises from 32.8% to 39.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€101k▲
2024 · €77k
Cash flow
€64k▲
2024 · €52k
Solvency
60.3%▼
2024 · 67.2%
Current ratio
2.49▼
2024 · 2.86
Quick ratio
2.49▼
2024 · 2.86
Debt / equity
0.66▲
2024 · 0.49
ROE
15.8%▲
2024 · 10.6%
ROA
9.6%▲
2024 · 7.1%
Interest coverage
5.93▼
2024 · 11.40
Debt
€204k▲
2024 · €177k
Debt ≤ 1 year
€181k▲
2024 · €177k
Debt > 1 year
€23k
Income taxes
€20k▲
2024 · €18k
Staff costs
€208k▼
2024 · €233k
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€540k€513k▼
Fixed assets21/28€34k€62k▲
Tangible fixed assets22/27€34k€61k▲
Plant, machinery and equipment23€1k€517▼
Furniture and vehicles24€15k€5k▼
Leasing and similar rights25-€31k
Other tangible fixed assets26€18k€24k▲
Financial fixed assets28€605€605=
Current assets29/58€505k€452k▼
Amounts receivable within one year40/41€238k€269k▲
Trade receivables40€181k€217k▲
Other amounts receivable41€57k€51k▼
Cash at bank and in hand54/58€268k€183k▼
Equity and liabilities
Total equity and liabilities10/49€540k€513k▼
Equity10/15€363k€310k▼
Contributions10/11€19k€19k=
Reserves13€344k€291k▼
Tax-exempt reserves132€2k€2k=
Distributable reserves133€343k€289k▼
Amounts payable17/49€177k€204k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€177k€181k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€46k€23k▼
Suppliers440/4€46k€23k▼
Taxes, remuneration and social security45€44k€49k▲
Taxes450/3€22k€29k▲
Remuneration and social security454/9€23k€20k▼
Other amounts payable47/48€86k€101k▲
Income statement
Code20242025
Remuneration, social security and pensions62€233k€208k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€4k€4k▼
Gross operating margin9900€314k€313k▼
Operating profit (loss)9901€63k€86k▲
Financial income75/76B€527€1k▲
Recurring financial income75€527€1k▲
Financial charges65/66B€7k€19k▲
Recurring financial charges65€7k€17k▲
Non-recurring financial charges66B€500€2k▲
Profit (loss) for the period before taxes9903€56k€69k▲
Income taxes67/77€18k€20k▲
Profit (loss) for the period9904€38k€49k▲
Profit (loss) for the period to be appropriated9905€38k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€49k▲
Transfer from equity791/2€68k€102k▲
Transfer to equity691/2€38k€49k▲
To other reserves6921€38k€49k▲
Profit to be distributed694/7€68k€102k▲
Return on contributions (dividend)694€68k€102k▲
Social balance
Average headcount (FTE)90875.14.2▼
The notes to these accounts (14 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
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €8k ▼90.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €105k ▲3.2%
Operating result €161k, net result €105k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Tournai · 1 establishment unit since 2003
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.
Rue de la Grande Couture(OR) 137501 Tournai1 establishment unit
Rue de la Grande Couture(OR) 13, 7501 Tournai
since 20032.126.244.354
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Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 775 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2003
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
64120
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filings
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.