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A.D.Proteam

Active
Private limited companyfounded 20233 yrs activeVerbindingsstraat 5, 2275 Lille, BelgiumKBO/BCE: BE 0800.458.153
Summary

The computed 12-month bankruptcy probability of A.D.Proteam is 5.0% (elevated). The annual accounts of A.D.Proteam for fiscal year 2024 show a net loss of 87% of total assets. The 2024 annual accounts show equity of €4,590 and a net result of -€4,344. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+54
Growth32
Track record94
Bankruptcy probability, 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term

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

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Age of the figures
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-05-2025, 73 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
73 d early
2023
92 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 83 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

On 5 April 2023, A.D.Proteam was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€4,590▼ 48.6%
2023 · €8,934
Total assets
€4,967▼ 88.5%
2023 · €43,238
Net result
-€4,344
2023 · €30,809
Working capital
€3,807▼ 50.9%
2023 · €7,745
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€38,792--€4,290
Net result€30,809--€4,344
Equity€8,934-€4,590▼ 48.6%
Total assets€43,238-€4,967▼ 88.5%
Debt€34,304-€378▼ 98.9%
Working capital€7,745-€3,807▼ 50.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2023: €38,792€38,792Net result 2023: €30,809€30,809Operating result 2024: -€4,290-€4,290Net result 2024: -€4,344-€4,34420232024-€20,000€0€20,000€40,000Operating result 2023: €38,792€38,800Net result 2023: €30,809€30,800Operating result 2024: -€4,290-€4,290Net result 2024: -€4,344-€4,34020232024
The operating result turns negative in 2024: a loss of €4,290 after €38,792 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4,967
Fixed assets €783 ▼ 34.1%
Current assets €4,184 ▼ 90.0%
Equity and liabilities €4,967
Equity €4,590 ▼ 48.6%
Debt €378 ▼ 98.9%
Debt's share of the balance-sheet total falls from 79.3% to 7.6%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€3,884▼
2023 · €38,820
Cash flow
-€3,938▼
2023 · €30,837
Interest coverage
-71.93▼
2023 · 1009.90
Debt ≤ 1 year
€378▼
2023 · €34,304
Ratios withheld: a balance sheet total of €4,967 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 3,225 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.3% went bankrupt
8.7% stopped otherwise
88% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.0% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,225 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 · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€43,238€4,967▼
Fixed assets21/28€1,189€783▼
Tangible fixed assets22/27€1,189€783▼
Furniture and vehicles24€1,189€783▼
Current assets29/58€42,049€4,184▼
Amounts receivable within one year40/41€20,890€553▼
Trade receivables40€11,890-
Other amounts receivable41€9,000€553▼
Cash at bank and in hand54/58€21,159€631▼
Deferred charges and accrued income490/1-€3,000
Equity and liabilities
Total equity and liabilities10/49€43,238€4,967▼
Equity10/15€8,934€4,590▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€5,934€1,590▼
Amounts payable17/49€34,304€378▼
Amounts payable within one year42/48€34,304€378▼
Trade debts44€367€115▼
Suppliers440/4€367€115▼
Taxes, remuneration and social security45€8,783-
Taxes450/3€8,783-
Other amounts payable47/48€25,155€262▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28€406▲
Other operating charges640/8€488€257▼
Gross operating margin9900€39,309-€3,628▼
Operating profit (loss)9901€38,792-€4,290▼
Financial charges65/66B€38€54▲
Recurring financial charges65€38€54▲
Profit (loss) for the period before taxes9903€38,754-€4,344▼
Income taxes67/77€7,945-
Profit (loss) for the period9904€30,809-€4,344▼
Profit (loss) for the period to be appropriated9905€30,809-€4,344▼
Appropriation of the result
Profit (loss) to be appropriated9906€30,809€1,590▼
Profit (loss) brought forward from the previous period14P-€5,934
Profit to be distributed694/7€24,876-
Return on contributions (dividend)694€24,876-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28€406▲ 1,336%
Other operating charges640/8€488€257▼ 47.4%
Gross operating margin9900€39,309-€3,628▼ 109%
Operating profit (loss)9901€38,792-€4,290▼ 111%
Financial charges65/66B€38€54▲ 40.5%
Recurring financial charges65€38€54▲ 40.5%
Profit (loss) for the period before taxes9903€38,754-€4,344▼ 111%
Income taxes67/77€7,945--
Profit (loss) for the period9904€30,809-€4,344▼ 114%
Profit (loss) for the period to be appropriated9905€30,809-€4,344▼ 114%
Line20232024Change
Assets
Total assets20/58€43,238€4,967▼ 88.5%
Fixed assets21/28€1,189€783▼ 34.1%
Tangible fixed assets22/27€1,189€783▼ 34.1%
Furniture and vehicles24€1,189€783▼ 34.1%
Current assets29/58€42,049€4,184▼ 90.0%
Amounts receivable within one year40/41€20,890€553▼ 97.4%
Trade receivables40€11,890--
Other amounts receivable41€9,000€553▼ 93.9%
Cash at bank and in hand54/58€21,159€631▼ 97.0%
Deferred charges and accrued income490/1-€3,000-
Equity and liabilities
Total equity and liabilities10/49€43,238€4,967▼ 88.5%
Equity10/15€8,934€4,590▼ 48.6%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€5,934€1,590▼ 73.2%
Amounts payable17/49€34,304€378▼ 98.9%
Amounts payable within one year42/48€34,304€378▼ 98.9%
Trade debts44€367€115▼ 68.5%
Suppliers440/4€367€115▼ 68.5%
Taxes, remuneration and social security45€8,783--
Taxes450/3€8,783--
Other amounts payable47/48€25,155€262▼ 99.0%
Line20232024Change
Profit (loss) for the period9904€30,809-€4,344▼ 114%
+ Depreciation and write-downs630€28€406▲ 1,336%
Operating cash flow (approximation)€30,837-€3,938▼ 113%
Investment in fixed assets (approximation)-€0-
Change in cash--€20,528-

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

2025
19-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 9current ratio 11.08
Current ratio from 1.23 to 11.08; short-term debt falls from €34,304 to €378.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Lille · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
2,811 m²
Building footprint
169 m²
Volume, LiDAR
880 m³
Parcel 13019E0511/00D000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROTEAM GROUP
Verbindingsstraat 5, 2275 LilleManufacture of metal structures and parts of structures
since 20232.344.555.722
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13019E0511/00D000 Flanders 2,811 m² 1 · 169 m² 8.2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded05-04-2023
Fiscal year end31-12
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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