AD-connect
ActiveAD-connect has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.37M and a net result of €68k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-90
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €290k at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 6.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
93.8%
Return on assets
1.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
15 d early
2023
15 d early
2022
on the day
2021
26 d early
2020
11 d early
2019
29 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.37M▲ 2.1%
2024 · €3.30M
2018: €2.15M
2019: €2.46M
2020: €2.60M
2021: €2.17M
2022: €2.37M
2023: €2.41M
2024: €3.30M
2018 → 2025
Total assets
€3.60M▼ 1.3%
2024 · €3.65M
2018: €2.86M
2019: €3.20M
2020: €3.31M
2021: €2.70M
2022: €2.88M
2023: €2.67M
2024: €3.65M
2018 → 2025
Net result
€68k▼ 92.3%
2024 · €891k
2018: €211k
2019: €305k
2020: €146k
2021: €163k
2022: €197k
2023: €48k
2024: €891k
2018 → 2025
Working capital
€3.29M▲ 2.2%
2024 · €3.22M
2018: €792k
2019: €1.10M
2020: €1.22M
2021: €845k
2022: €1.04M
2023: €1.10M
2024: €3.22M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.17M-€2.37M▲ 9.1%€2.41M▲ 2.0%€3.30M▲ 36.9%€3.37M▲ 2.1%
Operating result€49k-€91k▲ 84.8%€108k▲ 18.5%€23k▼ 78.4%€48k▲ 108%
Net result€163k-€197k▲ 21.0%€48k▼ 75.8%€891k▲ 1,770%€68k▼ 92.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 108% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.60M
Fixed assets
€276k▼ 5.4%
Current assets
€3.32M▼ 1.0%
Equity and liabilities €3.60M
Equity
€3.37M▲ 2.1%
Debt
€225k▼ 34.2%
The debt ratio falls from 9.4% to 6.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€62k▲
2024 · €39k
Cash flow
€82k▼
2024 · €907k
Solvency
93.8%▲
2024 · 90.6%
Debt / equity
0.07▼
2024 · 0.10
ROE
2.0%▼
2024 · 27.0%
ROA
1.9%▼
2024 · 24.4%
Interest coverage
8.54▲
2024 · -2.74
Debt
€225k▼
2024 · €341k
Debt ≤ 1 year
€30k▼
2024 · €133k
Debt > 1 year
€194k▼
2024 · €206k
Income taxes
€38k▼
2024 · €100k
A ratio outside any meaningful range has been withheld (balance sheet total €3.60M, equity €3.37M).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.65M€3.60M▼
Fixed assets21/28€292k€276k▼
Tangible fixed assets22/27€292k€276k▼
Land and buildings22€285k€276k▼
Furniture and vehicles24€6k€294▼
Financial fixed assets28€0-
Current assets29/58€3.35M€3.32M▼
Amounts receivable after more than one year29€450k€450k=
Other amounts receivable291€450k€450k=
Amounts receivable within one year40/41€16k€48k▲
Trade receivables40€15k€15k▲
Other amounts receivable41€840€32k▲
Current investments50/53€2.76M€2.81M▲
Cash at bank and in hand54/58€125k€18k▼
Deferred charges and accrued income490/1€333€152▼
Equity and liabilities
Total equity and liabilities10/49€3.65M€3.60M▼
Equity10/15€3.30M€3.37M▲
Contributions10/11€541k€541k=
Reserves13€2.76M€2.83M▲
Distributable reserves133€2.76M€2.83M▲
Amounts payable17/49€341k€225k▼
Amounts payable after more than one year17€206k€194k▼
Financial debts170/4€206k€194k▼
Amounts payable within one year42/48€133k€30k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€4k€110▼
Suppliers440/4€4k€110▼
Advances received on contracts in progress46-€9k
Taxes, remuneration and social security45€103k€9k▼
Taxes450/3€103k€9k▼
Other amounts payable47/48€15k€0▼
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€13k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€42k€64k▲
Operating profit (loss)9901€23k€48k▲
Financial income75/76B€953k€65k▼
Recurring financial income75€953k€65k▼
Financial charges65/66B€-14k€7k▲
Recurring financial charges65€-14k€7k▲
Profit (loss) for the period before taxes9903€991k€106k▼
Income taxes67/77€100k€38k▼
Profit (loss) for the period9904€891k€68k▼
Profit (loss) for the period to be appropriated9905€891k€68k▼
Appropriation of the result
Profit (loss) to be appropriated9906€891k€68k▼
Transfer to equity691/2€891k€68k▼
To other reserves6921€891k€68k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 110.17
Current ratio from 25.20 to 110.17; short-term debt falls from €133k to €30k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €891k ▲1770%
Net result €891k, the highest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €48k ▼75.8%
Net result drops to €48k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 27.22
Current ratio from 4.64 to 27.22; short-term debt falls from €287k to €42k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Aartselaar · 1 establishment unit since 2008
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.
Wouwersveld 112630 AartselaarGround area
864 m²
Building footprint
209 m²
Volume, LiDAR
1,520 m³
Parcel 11001B0092/00N000, Flanders · tallest building 16.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AD-Connect
since 20082.172.507.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0092/00N000 | Flanders | 864 m² | 1 · 209 m² | 16.6 m · 3 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.
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 14,640 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.