AD HOC B.D.
ActiveSummary
AD HOC B.D. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €8k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 51% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+43
Solvency60▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.42 in 2024; short-term debt: 42.1% and cash: 13.1% of total assets), and 64.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Sector 47
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
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
35.5%
Return on assets
2%
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 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
29 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€143k▲ 6.1%
2024 · €135k
2018: €46k
2019: €50k
2020: €77k
2021: €124k
2022: €152k
2023: €158k
2024: €135k
2018 → 2025
Total assets
€403k▼ 3.0%
2024 · €416k
2018: €315k
2019: €362k
2020: €395k
2021: €495k
2022: €483k
2023: €444k
2024: €416k
2018 → 2025
Net result
€8k
2024 · €-23k
2018: €10k
2019: €5k
2020: €27k
2021: €47k
2022: €28k
2023: €6k
2024: €-23k
2018 → 2025
Working capital
€74k▼ 1.1%
2024 · €75k
2018: €22k
2019: €71k
2020: €37k
2021: €48k
2022: €80k
2023: €100k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€124k-€152k▲ 22.9%€158k▲ 3.8%€135k▼ 14.7%€143k▲ 6.1%
Operating result€64k-€38k▼ 40.2%€12k▼ 67.8%€-14k€17k
Net result€47k-€28k▼ 39.5%€6k▼ 79.6%€-23k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €17k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €403k
Fixed assets
€160k ▼ 0.8%
Current assets
€244k ▼ 4.4%
Equity and liabilities €403k
Equity
€143k ▲ 6.1%
Debt
€260k ▼ 7.4%
Debt's share of the balance-sheet total falls from 67.6% to 64.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▲
2024 · €9k
Cash flow
€32k▲
2024 · €-352
Current ratio
1.44▲
2024 · 1.42
Quick ratio
0.43▼
2024 · 0.48
Debt to equity
1.82▼
2024 · 2.08
ROE
5.7%▲
2024 · -17.2%
ROA
2.0%▲
2024 · -5.6%
Interest coverage
5.20▲
2024 · 1.19
Debt ≤ 1 year
€170k▼
2024 · €180k
Debt > 1 year
€85k▼
2024 · €96k
Income taxes
€700▼
2024 · €2k
Staff costs
€70k▼
2024 · €82k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€416k€403k▼
Fixed assets21/28€161k€160k▼
Tangible fixed assets22/27€161k€159k▼
Land and buildings22€159k€158k▼
Furniture and vehicles24€1k€1k▼
Leasing and similar rights25€0€0=
Financial fixed assets28€244€244=
Current assets29/58€255k€244k▼
Stocks and contracts in progress3€168k€171k▲
Stocks30/36€168k€171k▲
Amounts receivable within one year40/41€21k€14k▼
Trade receivables40€2k€2k▼
Other amounts receivable41€19k€12k▼
Current investments50/53-€6k
Cash at bank and in hand54/58€66k€53k▼
Equity and liabilities
Total equity and liabilities10/49€416k€403k▼
Equity10/15€135k€143k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€113k€121k▲
Amounts payable17/49€281k€260k▼
Amounts payable after more than one year17€96k€85k▼
Financial debts170/4€96k€85k▼
Amounts payable within one year42/48€180k€170k▼
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€131k€98k▼
Suppliers440/4€131k€98k▼
Taxes, remuneration and social security45€30k€19k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€23k€13k▼
Other amounts payable47/48€9k€42k▲
Accrued charges and deferred income492/3€5k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€82k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€100k€114k▲
Operating profit (loss)9901€-14k€17k▲
Financial income75/76B€0€50▲
Recurring financial income75€0€50▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€-21k€9k▲
Income taxes67/77€2k€700▼
Profit (loss) for the period9904€-23k€8k▲
Profit (loss) for the period to be appropriated9905€-23k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€121k▲
Profit (loss) brought forward from the previous period14P€136k€113k▼
The notes to these accounts (11 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
Back to profitnet €8k
Net result €8k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-23k ▼500%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €150kEq €152k ▲22.9%
5 profitable years in a row build equity to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €47k ▲75.3%
Operating result €64k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €124k ▲60.8%
4 profitable years in a row build equity to €124k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Namur · 1 establishment unit since 2003
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.
Rue Saint-Jean 85000 NamurGround area
44 m²
Building footprint
38 m²
Volume, LiDAR
567 m³
Parcel 92094C1002/00_000, Wallonia · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rue Saint-Jean 8, 5000 Namur
since 20032.126.986.801
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C1002/00_000 | Wallonia | 44 m² | 1 · 38 m² | 17.6 m · 5 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
DE VITS
BE 0424.350.353
Ninove · Eq €143,413
ALKA
BE 0472.560.838
Ukkel · Eq €142,335
BAB'S ART
BE 0786.338.814
Spa · Eq €143,968
Librairie Graffiti
BE 0417.785.730
Waterloo · Eq €142,036
RT SERVICES
BE 0811.222.084
Seraing · Eq €144,251
Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,067 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.