AD LIBIDUM
ActiveThe computed 12-month bankruptcy probability of AD LIBIDUM is 1.6% (moderate). The 2025 annual accounts show equity of €82k and a net result of €-6k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 33% of 3657 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+9
Solvency39▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.12 against 1.21 in 2024; short-term debt: 49.9% and cash: 2.8% of total assets), and 86.2% 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+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 56
Relative position
BE, all sectors
reference
Sector 56
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.8%
Return on assets
-0.9%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-6k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
on the day
2022
28 d late
2021
24 d late
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€82k▼ 6.4%
2024 · €87k
2019: €52k
2020: €34k
2021: €22k
2022: €136k
2023: €120k
2024: €87k
2019 → 2025
Total assets
€593k▲ 34.4%
2024 · €441k
2019: €179k
2020: €308k
2021: €401k
2022: €515k
2023: €791k
2024: €441k
2019 → 2025
Net result
€-6k▲ 83.3%
2024 · €-33k
2019: €-18k
2020: €-20k
2021: €-20k
2022: €24k
2023: €-16k
2024: €-33k
2019 → 2025
Working capital
€-261k
2024 · €29k
2019: €-84k
2020: €-88k
2021: €-53k
2022: €-56k
2023: €-63k
2024: €29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€136k▲ 525%€120k▼ 11.5%€87k▼ 27.6%€82k▼ 6.4%
Operating result€-18k-€25k€-4k€-27k▼ 558%€-4k▲ 84.9%
Net result€-20k-€24k€-16k€-33k▼ 113%€-6k▲ 83.3%
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 stays negative: a loss of €4k in 2025 against €27k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €593k
Fixed assets
€559k▲ 105%
Current assets
€34k▼ 79.6%
Equity and liabilities €593k
Equity
€82k▼ 6.4%
Debt
€512k▲ 44.4%
The debt ratio rises from 80.3% to 86.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€893▲
2024 · €-22k
Cash flow
€-586▲
2024 · €-28k
Solvency
13.8%▼
2024 · 19.7%
Current ratio
0.12▼
2024 · 1.21
Quick ratio
0.12▼
2024 · 1.21
Debt / equity
6.27▲
2024 · 4.06
ROE
-6.8%▲
2024 · -38.2%
ROA
-0.9%▲
2024 · -7.5%
Interest coverage
0.10▲
2024 · -1.84
Debt
€512k▲
2024 · €354k
Debt ≤ 1 year
€296k▲
2024 · €139k
Debt > 1 year
€215k=
2024 · €215k
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€441k€593k▲
Fixed assets21/28€273k€559k▲
Tangible fixed assets22/27€20k€17k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€18k€15k▼
Financial fixed assets28€253k€542k▲
Current assets29/58€169k€34k▼
Amounts receivable after more than one year29€10k€6k▼
Other amounts receivable291€10k€6k▼
Amounts receivable within one year40/41€126k€12k▼
Trade receivables40€7k€6k▼
Other amounts receivable41€119k€6k▼
Cash at bank and in hand54/58€32k€17k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€441k€593k▲
Equity10/15€87k€82k▼
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-113k€-118k▼
Amounts payable17/49€354k€512k▲
Amounts payable after more than one year17€215k€215k=
Other amounts payable178/9€215k€215k=
Amounts payable within one year42/48€139k€296k▲
Financial debts43€100k€250k▲
Credit institutions430/8€100k€250k▲
Trade debts44€123€0▼
Suppliers440/4€123€0▼
Taxes, remuneration and social security45€0€396▲
Taxes450/3€0€396▲
Other amounts payable47/48€39k€45k▲
Accrued charges and deferred income492/3-€762
Income statement
Code20242025
Non-recurring operating income76A-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€697€574▼
Gross operating margin9900€-21k€1k▲
Operating profit (loss)9901€-27k€-4k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€-33k€-6k▲
Profit (loss) for the period9904€-33k€-6k▲
Profit (loss) for the period to be appropriated9905€-33k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-113k€-118k▼
Profit (loss) brought forward from the previous period14P€-80k€-113k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Back to profitnet €24k
Net result €24k after 3 loss-making years.
30-06
Financial
Equity above €100kEq €136k ▲525%
Equity rises from €22k to €136k.
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Erpe-Mere · 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.
Jeruzalemstraat 1659420 Erpe-MereGround area
2,636 m²
Building footprint
350 m²
Volume, LiDAR
1,496 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AD LIBIDUM
since 20082.173.798.803
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41040B1065/00G000 | Flanders | 2,501 m² | 1 · 281 m² | 8.4 m · 2 fl. |
| 41063B0617/00M000 | Flanders | 135 m² | 1 · 68 m² | - |
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.
Similar companies · same sector, comparable size
R & M
BE 0825.809.795
Bornem · Eq €82k
HB DIAMOND
BE 0556.816.127
Ciney · Eq €82k
ADAI
BE 0888.916.512
Buggenhout · Eq €82k
LA CRYPTE BAR
BE 0781.710.627
Tournai · Eq €82k
RAMUZI
BE 0787.753.925
Brugge · Eq €82k
Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 3,837 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2008
Fiscal year end30-06
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.