AD² CONSULT
ActiveAD² CONSULT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €99k and a net result of €51k. Equity is shrinking by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 34% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+10
Solvency61▲+20
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 0.94 in 2024; short-term debt: 19.4% and cash: 19.5% of total assets), and 64.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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
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
35.9%
Return on assets
18.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €99k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d late
2023
19 d late
2022
29 d late
2021
29 d late
2020
23 d late
2019
88 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€99k▲ 104%
2024 · €49k
2018: €105k
2019: €152k
2020: €172k
2021: €175k
2022: €122k
2023: €17k
2024: €49k
2018 → 2025
Total assets
€277k▼ 9.7%
2024 · €307k
2018: €122k
2019: €226k
2020: €396k
2021: €386k
2022: €312k
2023: €293k
2024: €307k
2018 → 2025
Net result
€51k▲ 59.0%
2024 · €32k
2018: €-25k
2019: €48k
2020: €20k
2021: €33k
2022: €24k
2023: €-88k
2024: €32k
2018 → 2025
Working capital
€23k
2024 · €-6k
2018: €91k
2019: €128k
2020: €93k
2021: €64k
2022: €34k
2023: €-41k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€122k▼ 30.1%€17k▼ 86.2%€49k▲ 189%€99k▲ 104%
Operating result€46k-€37k▼ 20.3%€-83k€40k€64k▲ 60.9%
Net result€33k-€24k▼ 28.9%€-88k€32k€51k▲ 59.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 61% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €277k
Fixed assets
€200k▼ 8.7%
Current assets
€77k▼ 12.1%
Equity and liabilities €277k
Equity
€99k▲ 104%
Debt
€178k▼ 31.1%
The debt ratio falls from 84.1% to 64.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▲
2024 · €72k
Cash flow
€83k▲
2024 · €64k
Solvency
35.9%▲
2024 · 15.9%
Current ratio
1.43▲
2024 · 0.94
Quick ratio
1.43▲
2024 · 0.94
Debt / equity
1.79▼
2024 · 5.30
ROE
51.0%▼
2024 · 65.4%
ROA
18.3%▲
2024 · 10.4%
Interest coverage
13.41▲
2024 · 8.93
Debt
€178k▼
2024 · €258k
Debt ≤ 1 year
€54k▼
2024 · €94k
Debt > 1 year
€124k▼
2024 · €164k
Income taxes
€7k▲
2024 · €228
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€307k€277k▼
Fixed assets21/28€219k€200k▼
Tangible fixed assets22/27€218k€199k▼
Land and buildings22€155k€147k▼
Plant, machinery and equipment23€2k€835▼
Furniture and vehicles24€61k€51k▼
Financial fixed assets28€606€606=
Current assets29/58€88k€77k▼
Amounts receivable within one year40/41€77k€22k▼
Trade receivables40€76k€8k▼
Other amounts receivable41€596€15k▲
Cash at bank and in hand54/58€10k€54k▲
Deferred charges and accrued income490/1€636€738▲
Equity and liabilities
Total equity and liabilities10/49€307k€277k▼
Equity10/15€49k€99k▲
Contributions10/11€6k€6k=
Reserves13€98k€98k=
Tax-exempt reserves132€467€467=
Distributable reserves133€98k€98k=
Profit (loss) carried forward14€-56k€-5k▲
Amounts payable17/49€258k€178k▼
Amounts payable after more than one year17€164k€124k▼
Financial debts170/4€164k€124k▼
Amounts payable within one year42/48€94k€54k▼
Current portion of amounts payable after more than one year42€31k€41k▲
Financial debts43€645-
Credit institutions430/8€645-
Trade debts44€33k€1k▼
Suppliers440/4€33k€1k▼
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€15k€11k▼
Other amounts payable47/48€15k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€32k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€76k€101k▲
Operating profit (loss)9901€40k€64k▲
Financial income75/76B€138€239▲
Recurring financial income75€138€239▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€32k€57k▲
Income taxes67/77€228€7k▲
Profit (loss) for the period9904€32k€51k▲
Profit (loss) for the period to be appropriated9905€32k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-5k▲
Profit (loss) brought forward from the previous period14P€-88k€-56k▲
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €51k ▲59%
Net result €51k, the highest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €-88k ▼471%
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
31-12
Financial
Equity above €150kEq €152k ▲45.8%
Equity rises from €105k to €152k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zoutleeuw · 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.
Dorpsstraat 583440 ZoutleeuwGround area
2,510 m²
Building footprint
229 m²
Volume, LiDAR
1,264 m³
Parcel 24036D0347/00N000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AD² Consult
since 20082.168.507.056
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24036D0347/00N000 | Flanders | 2,510 m² | 1 · 229 m² | 8.9 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 840 EUR awarded · 840 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 600 EUR | 840 EUR |
| 2023 | 1 | 240 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuw2.168.507.056
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,599 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.