AD HANDLING
ActiveAD HANDLING has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €206k and a net result of €71k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
86
/ 100
Excellent▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+59
Solvency75▲+22
Growth55=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.4 in 2023), but 60.8% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
21 d early
2022
26 d early
2021
19 d early
2020
47 d early
2019
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.66M▲ 37.2%
2020 · €1.21M
2020: €1.21M
2020 → 2021
EBIT margin
1.2%▲ 5.8pp
2020 · -4.5%
2020: -4.5%
2020 → 2021
Net result
€71k▲ 538%
2023 · €11k
2018: €168k
2019: €12k
2020: €-56k
2021: €18k
2022: €6k
2023: €11k
2018 → 2024
Working capital
€208k▲ 51.1%
2023 · €138k
2018: €238k
2019: €157k
2020: €104k
2021: €121k
2022: €127k
2023: €138k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.21M-€1.66M▲ 37.2%
Equity€100k-€119k▲ 18.4%€124k▲ 4.9%€135k▲ 8.9%€206k▲ 52.1%
Operating result€-55k-€21k€3k▼ 84.4%€19k▲ 485%€94k▲ 403%
Net result€-56k-€18k€6k▼ 68.6%€11k▲ 91.4%€71k▲ 538%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 403% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €526k
Fixed assets
€200▲ 100%
Current assets
€526k▲ 9.6%
Equity and liabilities €526k
Equity
€206k▲ 52.1%
Provisions
€3k=
Debt
€317k▼ 7.2%
The debt ratio falls from 71.2% to 60.3%: equity grows while debt is paid down.
Key figures and ratios
Solvency
39.2%▲
2023 · 28.2%
Current ratio
1.66▲
2023 · 1.40
Quick ratio
1.66▲
2023 · 1.40
Debt / equity
1.54▼
2023 · 2.52
ROE
34.3%▲
2023 · 8.2%
ROA
13.4%▲
2023 · 2.3%
Debt
€317k▼
2023 · €342k
Debt ≤ 1 year
€317k▼
2023 · €342k
Income taxes
€35k▲
2023 · €12k
Staff costs
€774k▲
2023 · €768k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€480k€526k▲
Fixed assets21/28€100€200▲
Financial fixed assets28€100€200▲
Current assets29/58€480k€526k▲
Amounts receivable within one year40/41€204k€78k▼
Trade receivables40€192k€62k▼
Other amounts receivable41€13k€16k▲
Cash at bank and in hand54/58€275k€446k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€480k€526k▲
Equity10/15€135k€206k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€94k€94k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€88k€88k=
Profit (loss) carried forward14€-21k€50k▲
Provisions and deferred taxes16€3k€3k=
Provisions for liabilities and charges160/5€3k€3k=
Major repairs and maintenance162€3k€3k=
Amounts payable17/49€342k€317k▼
Amounts payable within one year42/48€342k€317k▼
Trade debts44€230k€149k▼
Suppliers440/4€230k€149k▼
Taxes, remuneration and social security45€112k€168k▲
Taxes450/3€12k€49k▲
Remuneration and social security454/9€100k€119k▲
Income statement
Code20232024
Remuneration, social security and pensions62€768k€774k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€78k-
Other operating charges640/8€292-
Gross operating margin9900€865k€869k▲
Operating profit (loss)9901€19k€94k▲
Financial income75/76B€4k€13k▲
Recurring financial income75€4k€13k▲
Financial charges65/66B€358€2k▲
Recurring financial charges65€358€2k▲
Profit (loss) for the period before taxes9903€23k€106k▲
Income taxes67/77€12k€35k▲
Profit (loss) for the period9904€11k€71k▲
Profit (loss) for the period to be appropriated9905€11k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€50k▲
Profit (loss) brought forward from the previous period14P€-32k€-21k▲
Social balance
Average headcount (FTE)90878.69.3▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €206k ▲52.1%
4 profitable years in a row build equity to €206k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-56k ▼568%
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
24 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, Machelen (Brab.) · 2 establishment units since 2004
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.
Bedrijvenzone Machelen-Cargo 7181830 Machelen (Brab.)Ground area
10.4 ha
Building footprint
7.0 ha
Volume, LiDAR
13,338 m³
2 parcels, Flanders · tallest building 8.9 m. Linked by address, not a title deed.
2 establishment units
AD HANDLING
since 20042.134.083.934
AD HANDLING
since 20242.361.604.461
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015A0312/00A000 | Flanders | 7.4 ha | 1 · 5.2 ha | 8.9 m |
| 23047C0446/00D000 | Flanders | 3.0 ha | 1 · 1.8 ha | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMachelen (Vl.Br.)2.361.604.461
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Of 1,030 companies in sector 52100 we hold annual accounts for 764. 478 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-11-2003
Fiscal year end31-12
Activities, NACEBEL
52100Warehousing and storage
52249Warehousing and support activities for transportation
63112
63122
52250Logistics services
52290Warehousing and support activities for transportation
63406
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.