AD ELECTRIC
ActiveThe computed 12-month bankruptcy probability of AD ELECTRIC is 2.1% (moderate). The 2025 annual accounts show equity of €18k and a net result of €3k. Its solvency ranks better than 74% of 7331 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▼-35
Solvency92▼-8
Growth52
Track record82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.99 against 5.0 in 2024; short-term debt: 33.5% and cash: 7.6% of total assets), and 33.5% 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+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
Sector 41
higher
← 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
66.5%
Return on assets
10.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 2 filingsDeviation from the deadline
2025
3 d late
2024
60 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€7k
EBIT margin
34.0%
Net result
€3k▼ 80.6%
2024 · €15k
2024: €15k
2024 → 2025
Working capital
€18k▲ 19.4%
2024 · €15k
2024: €15k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€7k
Equity€15k-€18k▲ 19.4%
Operating result€18k-€2k▼ 87.0%
Net result€15k-€3k▼ 80.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €27k
Equity
€18k▲ 19.4%
Debt
€9k▲ 140%
The debt ratio rises from 20.0% to 33.5%. Equity and debt are higher.
Key figures and ratios
Solvency
66.5%▼
2024 · 80.0%
Current ratio
2.99▼
2024 · 5.00
Quick ratio
2.99▼
2024 · 5.00
Debt / equity
0.50▲
2024 · 0.25
ROE
16.3%▼
2024 · 100.0%
ROA
10.8%▼
2024 · 80.0%
Debt
€9k▲
2024 · €4k
Debt ≤ 1 year
€9k▲
2024 · €4k
Income taxes
€103▼
2024 · €4k
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€19k€27k▲
Current assets29/58€19k€27k▲
Amounts receivable within one year40/41€19k€25k▲
Trade receivables40€400€5k▲
Other amounts receivable41€18k€20k▲
Cash at bank and in hand54/58€45€2k▲
Equity and liabilities
Total equity and liabilities10/49€19k€27k▲
Equity10/15€15k€18k▲
Profit (loss) carried forward14€15k€18k▲
Amounts payable17/49€4k€9k▲
Amounts payable within one year42/48€4k€9k▲
Trade debts44-€3k
Suppliers440/4-€3k
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Income statement
Code20242025
Turnover70-€7k
Goods, raw materials, services and sundry goods60/61€8k€4k▼
Other operating charges640/8-€500
Gross operating margin9900€18k€3k▼
Operating profit (loss)9901€18k€2k▼
Financial income75/76B€543€717▲
Recurring financial income75€543€717▲
Financial charges65/66B€112€90▼
Recurring financial charges65€112€90▼
Profit (loss) for the period before taxes9903€19k€3k▼
Income taxes67/77€4k€103▼
Profit (loss) for the period9904€15k€3k▼
Profit (loss) for the period to be appropriated9905€15k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€18k▲
Profit (loss) brought forward from the previous period14P-€15k
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Puurs-Sint-Amands · 1 establishment unit since 2023
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.
Beenhouwerstraat 232870 Puurs-Sint-AmandsGround area
265 m²
Building footprint
97 m²
Volume, LiDAR
498 m³
Parcel 12008A0449/00T000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ad Electric
since 20232.353.345.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12008A0449/00T000 | Flanders | 265 m² | 1 · 97 m² | 6.7 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.
Similar companies · same sector, comparable size
Schouteden Bouwmanagement
BE 0753.863.115
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D.R.M.-CONSTRUCT
BE 0471.520.760
Charleroi · Eq €18k
FG BAT CONSTRUCT
BE 0792.436.154
Lennik · Eq €18k
ERA CONSTRUCT
BE 0457.897.111
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DIMITRI VION
BE 0759.413.493
Herzele · Eq €18k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,032. 11,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.