Equity
€1.5m ▲ 4.3%
A'del Groep has made a profit without a break since 2022.
A'del Groep
Lifetime
15 annual accounts with figures on one time axispeak €276,303 (2025)
€276,303▲ 12.9%
lowest -€116,155 (2014)
€61,255▲ 183%
peak €1.5m (2025)
€1.5m▲ 4.3%
€1.1m▼ 11.6%
Board3 names since 2010
1 directorMarc Dellaert
Documentsfilings and deeds
27-04-20263 days before the deadline
2025abbreviated format
Gross margin from €244,808 to €276,303Result from €21,674 to €61,255
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The accounts state no turnover.
Investments
€6,541 0.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.54 was 2.17 in 2024
Short-term debts fell from €173,478 to €121,105.
Filings
15 annual accounts since 2011
The last five annual accounts were filed 0 to 5 days before the end of the period.
Position in the sector
€1.5m
More equity than 80% of companies in real estate. Sector median €300,471 · 11,294 companies.
Checked score
97
Excellent
Financially stronger than 73% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,998 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025highest value
05-2025: < 0.1%▼ -0.1 percentage points vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €2.6m
Figures for financial year 2025 (filed on 29-04-2026)
Liquidity: current ratio 3.54, cash €417,049
Equity €1.5m (57.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 74% of them on solvency, 93% on liquidity, 63% on profitability and 61% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 6,049 companies had the same profile as A'del Groep has now. Each dot stands for 16 companies, two years later.
96.0%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
That fits the bankruptcy probability of A'del Groep itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,049 companies, not a prediction for A'del Groep. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.54 (2.17 in 2024), above the usual 1.5. Short-term debt is 4.7% and cash 16.1% of total assets. 42.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
5 days early
2023
on the day
2022
2 days early
2021
1 day early
2020
8 days early
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 7 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 28 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end07-11-2026 today30-04-2027 deadline
Board and ownership
- Marc Dellaertdeed of 06-10-2022
- Marie-Jeanne Van Heckedeed of 06-10-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0830687313
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen, Bouwen of herbouwen, Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen · Sint-Martens-Latem
Capital increase of €746,500 to €1,507,500
Capital from €761,000 to €1,507,500, 746 new shares · Capital contribution: onroerende goederen · Changes of role: Marc Dellaert (sole director) and Marie-Jeanne Van Hecke (successor statutory director) · General meeting of 29-09-2022 · Gazette deed
First establishment
De Pintelaan 367, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| A'del Groep Ghent | €2.6m | €276,303 | 57.5% | - |
| BELTRIMMO Nazareth-De Pinte | €2.8m | €283,700 | 29.3% | - |
| Gerechtsdeurwaarderskantoor Jan Anné Hamme (Vl.) | €2.8m | €243,925 | 54.7% | - |
| Samet Infra Lokeren | €2.4m | €291,008 | 61.2% | 0 |
| RJL Beveren-Kruibeke-Zwijndrecht | €2.3m | €278,430 | 23.5% | - |
| SHERLOCK HOMES Schoten | €2.7m | €272,372 | -15.4% | - |
| LG DESIGN Anderlecht | €2.3m | €297,451 | 43.8% | - |
These companies have the same main activity as A'del Groep: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €2.3m and €2.8m, founded between 2009 and 2012.
Official details
Source: KBO- Status
- Active since 27-10-2010Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.193.500.3929000 Ghent, since 25-11-2010
- Financial year end
- 30 September
- Peppol
- Reachable since 21-05-2025
Annual accounts to 30-09-2025
- €2.6m▼ 3.1%
- Filing
- Filed on 27-04-2026, 3 days before the end of the filing period
Insights on A'del Groep
A'del Groep files the abbreviated format. That format states no turnover. The gross margin rose from €33,791 in 2011 to €276,303 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about A'del Groep
- What is the company number of A'del Groep?
- The company number of A'del Groep is 0830.687.313. The VAT number is the same number with BE in front: BE 0830.687.313.
- Where is A'del Groep based?
- The registered office is at De Pintelaan 367, 9000 Ghent.Company details
- What does A'del Groep do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of A'del Groep?
- A'del Groep is a public limited company (NV).
- When was A'del Groep founded?
- A'del Groep was founded on 27-10-2010.
- Is A'del Groep still active?
- Yes, A'del Groep is an active enterprise in the KBO register.
- What is the turnover of A'del Groep?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €276,303 and 38 comparable companies (NACE 68201). It probably lies between €280,000 and €340,000.Financials
- Is A'del Groep profitable?
- In financial year 2025, A'del Groep made a profit of €61,255.
- Where can I find the annual accounts of A'del Groep?
- A'del Groep filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of A'del Groep due?
- A'del Groep must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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