A9 DESIGN
ActiveSummary
The computed 12-month bankruptcy probability of A9 DESIGN is 1.9% (moderate). The 2025 annual accounts show equity of €79,937 and a net result of €18,998. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 7730 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-2
Solvency93▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.62 against 2.78 in 2024; short-term debt: 32% and cash: 45.8% of total assets), and 32% of the assets are financed with debt.
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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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
68%
Return on assets
16.2%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
on the day
2022
21 d late
2021
29 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 12 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 1 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€79,937▼ 13.2%
2024 · €92,115
Total assets
€117,543▼ 18.9%
2024 · €144,904
Net result
€18,998▼ 26.4%
2024 · €25,808
Working capital
€60,740▼ 26.0%
2024 · €82,027
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€59,288▲ 119%€25,256▼ 57.4%€46,915▲ 85.8%€35,623▼ 24.1%€28,118▼ 21.1%
Net result€47,111above the sector's middle half▲ 111%€19,649within the sector's middle half▼ 58.3%€36,999above the sector's middle half▲ 88.3%€25,808above the sector's middle half▼ 30.2%€18,998within the sector's middle half▼ 26.4%
Equity€74,436within the sector's middle half▲ 172%€94,085within the sector's middle half▲ 26.4%€108,660above the sector's middle half▲ 15.5%€92,115within the sector's middle half▼ 15.2%€79,937within the sector's middle half▼ 13.2%
Total assets€137,872within the sector's middle half▲ 58.0%€121,208within the sector's middle half▼ 12.1%€126,818within the sector's middle half▲ 4.6%€144,904within the sector's middle half▲ 14.3%€117,543within the sector's middle half▼ 18.9%
Debt€63,436▲ 5.8%€27,123▼ 57.2%€18,158▼ 33.1%€52,788▲ 191%€37,606▼ 28.8%
Working capital€52,917within the sector's middle half▲ 687%€63,488within the sector's middle half▲ 20.0%€89,570above the sector's middle half▲ 41.1%€82,027above the sector's middle half▼ 8.4%€60,740within the sector's middle half▼ 26.0%
Solvency54.0%within the sector's middle half▲ 22.7pp77.6%above the sector's middle half▲ 23.6pp85.7%above the sector's middle half▲ 8.1pp63.6%within the sector's middle half▼ 22.1pp68.0%above the sector's middle half▲ 4.4pp
Current ratio1.87within the sector's middle half▲ 0.753.34above the sector's middle half▲ 1.475.93above the sector's middle half▲ 2.592.78within the sector's middle half▼ 3.152.62within the sector's middle half▼ 0.17
Return on assets (ROA)34.2%above the sector's middle half▲ 8.6pp16.2%within the sector's middle half▼ 18.0pp29.2%above the sector's middle half▲ 13.0pp17.8%within the sector's middle half▼ 11.4pp16.2%within the sector's middle half▼ 1.6pp
Staff (FTE)2
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117,543
Fixed assets
€19,197 ▲ 13.8%
Current assets
€98,346 ▼ 23.2%
Equity and liabilities €117,543
Equity
€79,937 ▼ 13.2%
Debt
€37,606 ▼ 28.8%
Debt's share of the balance-sheet total falls from 36.4% to 32.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€36,401▼
2024 · €45,736
Cash flow
€27,281▼
2024 · €35,921
Debt to equity
0.47▼
2024 · 0.57
ROE
23.8%▼
2024 · 28.0%
Interest coverage
35.16▼
2024 · 61.43
Debt ≤ 1 year
€37,606▼
2024 · €46,008
Income taxes
€8,085▼
2024 · €9,089
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,122 | €3,101 | €1,851 | - | - |
| Remuneration, social security and pensions62 | €26,179 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,099 | €13,954 | €10,475 | €10,113 | €8,282 | ▼ 18.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €17,591 | - | - | - |
| Other operating charges640/8 | €613 | €1,793 | €1,217 | €2,992 | €4,263 | ▲ 42.5% |
| Gross operating margin9900 | €94,179 | €41,003 | €76,199 | €48,728 | €40,664 | ▼ 16.5% |
| Operating profit (loss)9901 | €59,288 | €25,256 | €46,915 | €35,623 | €28,118 | ▼ 21.1% |
| Financial income75/76B | €20 | €6 | €81 | €19 | €0 | ▼ 99.8% |
| Recurring financial income75 | €20 | €6 | €81 | €19 | €0 | ▼ 99.8% |
| Financial charges65/66B | €400 | €419 | €740 | €744 | €1,035 | ▲ 39.1% |
| Recurring financial charges65 | €400 | €419 | €740 | €744 | €1,035 | ▲ 39.1% |
| Profit (loss) for the period before taxes9903 | €58,908 | €24,842 | €46,257 | €34,897 | €27,083 | ▼ 22.4% |
| Income taxes67/77 | €11,798 | €5,193 | €9,258 | €9,089 | €8,085 | ▼ 11.1% |
| Profit (loss) for the period9904 | €47,111 | €19,649 | €36,999 | €25,808 | €18,998 | ▼ 26.4% |
| Profit (loss) for the period to be appropriated9905 | €47,111 | €19,649 | €36,999 | €25,808 | €18,998 | ▼ 26.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,872 | €121,208 | €126,818 | €144,904 | €117,543 | ▼ 18.9% |
| Fixed assets21/28 | €24,365 | €30,596 | €19,090 | €16,868 | €19,197 | ▲ 13.8% |
| Tangible fixed assets22/27 | €23,525 | €29,756 | €18,250 | €13,028 | €18,357 | ▲ 40.9% |
| Land and buildings22 | - | - | - | - | €6,937 | - |
| Plant, machinery and equipment23 | €10,413 | €7,414 | €4,415 | €1,416 | - | - |
| Furniture and vehicles24 | €13,112 | €22,342 | €13,835 | €11,613 | €11,421 | ▼ 1.7% |
| Financial fixed assets28 | €840 | €840 | €840 | €3,840 | €840 | ▼ 78.1% |
| Current assets29/58 | €113,507 | €90,611 | €107,728 | €128,036 | €98,346 | ▼ 23.2% |
| Amounts receivable within one year40/41 | €51,118 | €30,324 | €24,193 | €42,299 | €39,962 | ▼ 5.5% |
| Trade receivables40 | €14,989 | €10,038 | €12,871 | €27,824 | €30,282 | ▲ 8.8% |
| Other amounts receivable41 | €36,129 | €20,286 | €11,321 | €14,475 | €9,679 | ▼ 33.1% |
| Cash at bank and in hand54/58 | €61,642 | €58,426 | €80,769 | €83,983 | €53,804 | ▼ 35.9% |
| Deferred charges and accrued income490/1 | €747 | €1,862 | €2,766 | €1,754 | €4,580 | ▲ 161% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,872 | €121,208 | €126,818 | €144,904 | €117,543 | ▼ 18.9% |
| Equity10/15 | €74,436 | €94,085 | €108,660 | €92,115 | €79,937 | ▼ 13.2% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €25,000 | €75,000 | €100,000 | €85,000 | €74,000 | ▼ 12.9% |
| Distributable reserves133 | €25,000 | €75,000 | €100,000 | €85,000 | €74,000 | ▼ 12.9% |
| Profit (loss) carried forward14 | €44,436 | €14,085 | €3,660 | €2,115 | €937 | ▼ 55.7% |
| Amounts payable17/49 | €63,436 | €27,123 | €18,158 | €52,788 | €37,606 | ▼ 28.8% |
| Amounts payable after more than one year17 | €2,846 | - | - | - | - | - |
| Financial debts170/4 | €2,846 | - | - | - | - | - |
| Amounts payable within one year42/48 | €60,590 | €27,123 | €18,158 | €46,008 | €37,606 | ▼ 18.3% |
| Current portion of amounts payable after more than one year42 | €5,039 | €5,416 | €2,992 | €2,898 | €2,932 | ▲ 1.2% |
| Trade debts44 | €32,754 | €17,166 | €3,045 | €2,287 | €1,111 | ▼ 51.4% |
| Suppliers440/4 | €32,754 | €17,166 | €3,045 | €2,287 | €1,111 | ▼ 51.4% |
| Advances received on contracts in progress46 | €13,071 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €5,431 | €4,290 | €5,662 | €5,173 | €7,378 | ▲ 42.6% |
| Taxes450/3 | €5,431 | €4,290 | €5,662 | €5,173 | €7,378 | ▲ 42.6% |
| Other amounts payable47/48 | €4,295 | €251 | €6,459 | €35,650 | €26,185 | ▼ 26.5% |
| Accrued charges and deferred income492/3 | - | - | - | €6,780 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,111 | €19,649 | €36,999 | €25,808 | €18,998 | ▼ 26.4% |
| + Depreciation and write-downs630 | €8,099 | €13,954 | €10,475 | €10,113 | €8,282 | ▼ 18.1% |
| Operating cash flow (approximation) | €55,209 | €33,603 | €47,474 | €35,921 | €27,281 | ▼ 24.1% |
| Investment in fixed assets (approximation) | - | -€20,186 | €1,031 | -€7,891 | -€10,612 | ▼ 34.5% |
| Change in cash | - | -€3,217 | €22,343 | €3,214 | -€30,179 | ▼ 1,039% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €18,998 ▼26.4%
Net result drops to €18,998, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €108,660 ▲15.5%
4 profitable years in a row build equity to €108,660.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2020net €47,111 ▲111%
Operating result €59,288, net result €47,111, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2020
Ground area
365 m²
Building footprint
110 m²
Volume, LiDAR
665 m³
2 parcels, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
A9 DESIGN
since 20202.300.449.129
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53043B0780/00L000 | Wallonia | 285 m² | 1 · 50 m² | - |
| 53043B0834/00L000 | Wallonia | 80 m² | 1 · 59 m² | 13.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,766 companies in this sector we hold annual accounts for 16,066. 13,216 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded16-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43110Demolition
43310Plastering work
43422Screed work
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745445493
Also
9925:BE0745445493
Registered
06-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.