Financials
- Financial year
- 2025
- Total assets
- €1.8m
- Loss
- -€138,663
- Solvency
- 33.7%
Total assets▼ 16.7%
Net result
20192025
AD BORGERHOUT
ActiveSummary
AD BORGERHOUT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €618,547 and a net result of -€138,663. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 47% of 12,404 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€1.8mtotal assets 2025
- Staff
- 29.4 FTE
- Equity
- €618,547
- Loss
- -€138,663
Turnover not published (abbreviated format)
Structure
Accounts filed 12 days late0 of 2 deeds read
Why 69raises riskLoss of €138,663 (financial year 2025)Size: 29.4 FTE, total assets €1.8mSector: Retail trade (NACE 47)lowers riskFounded in 2012Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 32% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Weak
Solvency
59-9
equity 33.7% of total assets
Liquidity
43-18
short-term debt 59.2% · cash 19.2%
Profitability
17-66
return on assets -7.6%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%▼ -0.2 percentage points vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.4%▲ +0.2 percentage points vs 04-2026
06-2026: 0.6%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 0.6%● unchanged vs 06-2026highest value
08-2026: 0.6%● unchanged vs 07-2026highest value
09-2026: 0.6%● unchanged vs 08-2026highest value
10-2026: 0.6%● unchanged vs 09-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 1.38 in 2024, below the usual 1.5; short-term debt: 59.2% and cash: 19.2% of total assets), and 66.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 54% on solvency, 50% on liquidity, 12% on profitability and 12% on growth.
The bankruptcy probability was computed on 12-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-05-2026, 12 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 days late
2024
2 days early
2023
7 days early
2022
3 days early
2021
1 day early
2020
9 days early
2019
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% 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 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end13-10-2026 today30-04-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€138,663
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Timeline
- Events
- 17
- Since
- 2014
- Next accounts
- by 30-04-2027
- 30-09-2024Highest result from 2019 to 2025
- 23-04-2024Annual accounts filed
- 27-04-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 16-04-2012
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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