A.D. Vastgoed
ActiveA.D. Vastgoed has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €13k and a net result of €15k. Equity is growing by ~130.9% per year across the filed fiscal years. Its solvency ranks better than 42% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▲+14
Solvency46▲+23
Growth78=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.33 in 2023; short-term debt: 54.1% and cash: 59.5% of total assets), but 78.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
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 · 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 2024Solvency, return and age of the figures
Solvency
21.4%
Return on assets
24.3%
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 16-06-2025, 45 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
21 d early
2022
33 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€13k
2023 · €-997
2022: €-8k
2023: €-997
2022 → 2024
Total assets
€63k▲ 10.0%
2023 · €57k
2022: €45k
2023: €57k
2022 → 2024
Net result
€15k▲ 109%
2023 · €7k
2022: €-21k
2023: €7k
2022 → 2024
Working capital
€25k▲ 92.7%
2023 · €13k
2022: €8k
2023: €13k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-8k-€-997▲ 88.0%€13k
Operating result€-20k-€10k€24k▲ 130%
Net result€-21k-€7k€15k▲ 109%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 130% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63k
Fixed assets
€4k▼ 16.4%
Current assets
€59k▲ 12.3%
Equity and liabilities €63k
Equity
€13k
Debt
€49k
Debt finances 78.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€25k▲
2023 · €12k
Cash flow
€17k▲
2023 · €9k
Solvency
21.4%▲
2023 · -1.7%
Current ratio
1.73▲
2023 · 1.33
Quick ratio
1.73▲
2023 · 1.33
Debt / equity
3.68
ROE
113.6%
ROA
24.3%▲
2023 · 12.8%
Interest coverage
11.33▲
2023 · 6.10
Debt
€49k▼
2023 · €58k
Debt ≤ 1 year
€34k▼
2023 · €40k
Debt > 1 year
€15k▼
2023 · €18k
Income taxes
€6k▲
2023 · €1k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€57k€63k▲
Formation expenses20€0€0=
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€2k€991▼
Plant, machinery and equipment23€1k€355▼
Furniture and vehicles24€900€636▼
Financial fixed assets28€3k€3k▲
Current assets29/58€52k€59k▲
Amounts receivable within one year40/41€13k€20k▲
Trade receivables40-€16k
Other amounts receivable41€13k€4k▼
Cash at bank and in hand54/58€37k€37k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€57k€63k▲
Equity10/15€-997€13k▲
Contributions10/11€13k€13k=
Reserves13-€927
Distributable reserves133-€927
Profit (loss) carried forward14€-13k-
Amounts payable17/49€58k€49k▼
Amounts payable after more than one year17€18k€15k▼
Financial debts170/4€18k€15k▼
Amounts payable within one year42/48€40k€34k▼
Current portion of amounts payable after more than one year42€3k€3k▼
Financial debts43€12k€10k▼
Credit institutions430/8€12k€10k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€16k€14k▼
Taxes450/3€16k€14k▼
Other amounts payable47/48€2k€4k▲
Accrued charges and deferred income492/3€123-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€548€634▲
Gross operating margin9900€12k€26k▲
Operating profit (loss)9901€10k€24k▲
Financial income75/76B€1€19▲
Recurring financial income75€1€19▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€8k€22k▲
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€7k€15k▲
Profit (loss) for the period to be appropriated9905€7k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€2k▲
Profit (loss) brought forward from the previous period14P€-21k€-13k▲
Transfer to equity691/2-€927
To other reserves6921-€927
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €15k ▲109%
Operating result €24k, net result €15k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Genk · 1 establishment unit since 2021
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.
Grotestraat 43600 GenkGround area
696 m²
Building footprint
342 m²
Volume, LiDAR
4,237 m³
Parcel 71016I0869/00Y000, Flanders · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
A.D. Vastgoed
since 20212.320.704.907
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71016I0869/00Y000 | Flanders | 696 m² | 1 · 342 m² | 16.4 m · 4 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.
Similar companies · same sector, comparable size
BLUE STONE PARTNERS
BE 1016.121.421
Ukkel · Eq €13k
Germaine & Louis
BE 1028.379.845
Tellin · Eq €13k
CABALOCA
BE 1000.321.309
Knokke-Heist · Eq €13k
LS - IMMO
BE 0776.928.032
Overijse · Eq €13k
DDA Properties
BE 0643.769.402
Sint-Lambrechts-Woluwe · Eq €13k
Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 3,386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-08-2021
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
46180Agents specialised in the wholesale of other particular products
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0485784857