A+D Projects
ActiveSummary
A+D Projects has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €-8k. Its solvency ranks better than 32% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability35
Solvency38
Growth-
Track record67
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.15; short-term debt: 87.2% of total assets), and 87.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 17-07-2026, 14 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€91k
Total assets
€711k
Net result
€-8k
Working capital
€91k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €711k
Equity
€91k
Debt
€619k
Debt finances 87.2% of the balance-sheet total.
Key figures and ratios
Current ratio
1.15
Quick ratio
0.05
Debt to equity
6.78
ROE
-8.4%
ROA
-1.1%
Debt ≤ 1 year
€619k
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet
Code2025
Assets
Total assets20/58€711k
Current assets29/58€711k
Stocks and contracts in progress3€680k
Stocks30/36€680k
Amounts receivable within one year40/41€19k
Trade receivables40€121
Other amounts receivable41€19k
Current investments50/53€12k
Equity and liabilities
Total equity and liabilities10/49€711k
Equity10/15€91k
Contributions10/11€99k
Capital10€99k
Issued capital100€99k
Profit (loss) carried forward14€-8k
Amounts payable17/49€619k
Amounts payable within one year42/48€619k
Current portion of amounts payable after more than one year42€20k
Trade debts44€170k
Suppliers440/4€170k
Other amounts payable47/48€429k
Income statement
Code2025
Other operating charges640/8€818
Gross operating margin9900€-2k
Operating profit (loss)9901€-2k
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€-8k
Profit (loss) for the period9904€-8k
Profit (loss) for the period to be appropriated9905€-8k
Appropriation of the result
Profit (loss) to be appropriated9906€-8k
Timeline · acts, filings and financial milestones
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk
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.
Beneluxpark(Kor) 298500 KortrijkGround area
2,929 m²
Building footprint
156 m²
Parcel 34354D0453/00A000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354D0453/00A000 | Flanders | 2,929 m² | 1 · 156 m² | - |
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.
Similar companies · same sector, comparable size
KRC M
BE 0542.522.285
Balen · Eq €91,237
TOUNDRA
BE 0803.598.775
Ramillies · Eq €91,408
IC PROJECT
BE 0778.444.103
Charleroi · Eq €91,410
APK Invest
BE 1000.458.691
Boortmeerbeek · Eq €91,201
TOTAALINTERIEUR MALIN
BE 0894.772.540
Ninove · Eq €91,181
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.