AD MAIORA
ActiveSummary
AD MAIORA has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €642k and a net result of €134k. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-10
Solvency71▼-29
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 5.24 in 2024; short-term debt: 52.6% and cash: 4.4% of total assets), but 53.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
46.3%
Return on assets
9.6%
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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
20 d early
2023
20 d late
2022
35 d early
2021
29 d late
2020
67 d late
2019
391 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
€642k▼ 40.0%
2024 · €1.07M
2018: €195k
2019: €357k
2020: €459k
2021: €635k
2022: €545k
2023: €826k
2024: €1.07M
2018 → 2025
Total assets
€1.39M▲ 3.4%
2024 · €1.34M
2018: €319k
2019: €615k
2020: €697k
2021: €854k
2022: €922k
2023: €1.12M
2024: €1.34M
2018 → 2025
Net result
€134k▼ 45.2%
2024 · €244k
2018: €159k
2019: €162k
2020: €102k
2021: €176k
2022: €111k
2023: €268k
2024: €244k
2018 → 2025
Working capital
€654k▼ 39.6%
2024 · €1.08M
2018: €194k
2019: €354k
2020: €457k
2021: €633k
2022: €547k
2023: €830k
2024: €1.08M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€635k-€545k▼ 14.1%€826k▲ 51.5%€1.07M▲ 29.5%€642k▼ 40.0%
Operating result€253k-€125k▼ 50.9%€419k▲ 237%€371k▼ 11.5%€171k▼ 54.0%
Net result€176k-€111k▼ 37.1%€268k▲ 143%€244k▼ 9.1%€134k▼ 45.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.39M
Fixed assets
€3k ▲ 64.0%
Current assets
€1.38M ▲ 3.3%
Equity and liabilities €1.39M
Equity
€642k ▼ 40.0%
Debt
€745k ▲ 175%
Debt's share of the balance-sheet total rises from 20.2% to 53.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€172k▼
2024 · €373k
Cash flow
€135k▼
2024 · €246k
Current ratio
1.90▼
2024 · 5.24
Debt to equity
1.16▲
2024 · 0.25
ROE
20.8%▼
2024 · 22.8%
ROA
9.6%▼
2024 · 18.2%
Interest coverage
10.29▼
2024 · 24.02
Debt ≤ 1 year
€730k▲
2024 · €255k
Income taxes
€46k▼
2024 · €115k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.34M€1.39M▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Financial fixed assets28€460€460=
Current assets29/58€1.34M€1.38M▲
Amounts receivable within one year40/41€56k€50k▼
Trade receivables40€51k€33k▼
Other amounts receivable41€5k€17k▲
Current investments50/53€1.25M€1.27M▲
Cash at bank and in hand54/58€27k€61k▲
Deferred charges and accrued income490/1€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.39M▲
Equity10/15€1.07M€642k▼
Contributions10/11€19k€19k=
Reserves13€642k€623k▼
Tax-exempt reserves132€19k€0▼
Distributable reserves133€623k€623k=
Profit (loss) carried forward14€410k€0▼
Amounts payable17/49€271k€745k▲
Amounts payable within one year42/48€255k€730k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€118€2k▲
Suppliers440/4€118€2k▲
Advances received on contracts in progress46€26k€26k=
Taxes, remuneration and social security45€48k€29k▼
Taxes450/3€46k€29k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€181k€673k▲
Accrued charges and deferred income492/3€16k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€895▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€375k€173k▼
Operating profit (loss)9901€371k€171k▼
Financial income75/76B€4k€26k▲
Recurring financial income75€4k€26k▲
Financial charges65/66B€16k€17k▲
Recurring financial charges65€16k€17k▲
Profit (loss) for the period before taxes9903€359k€180k▼
Income taxes67/77€115k€46k▼
Profit (loss) for the period9904€244k€134k▼
Transfer from tax-exempt reserves789-€19k
Profit (loss) for the period to be appropriated9905€244k€152k▼
Appropriation of the result
Profit (loss) to be appropriated9906€654k€562k▼
Profit (loss) brought forward from the previous period14P€410k€410k=
Transfer to equity691/2€244k€0▼
To other reserves6921€244k€0▼
Profit to be distributed694/7-€562k
Return on contributions (dividend)694-€562k
The notes to these accounts (14 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
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €1MEq €1.07M ▲29.5%
7 profitable years in a row build equity to €1.07M.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Highest result since 2018net €268k ▲143%
Operating result €419k, net result €268k, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €500kEq €635k ▲38.3%
4 profitable years in a row build equity to €635k.
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 391 days late
2020
31-12
Financial
Weakest financial yearnet €102k ▼37%
Net result drops to €102k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Equity above €200kEq €357k ▲83.3%
2 profitable years in a row build equity to €357k.
Show earlier events
13-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 105 days late
2018
23-11
State Gazette act
Written resolution · Director resignation
Director reappointment · Director appointment
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneState Gazette actNBB 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, Oudergem · 1 establishment unit since 2017
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.
Charles Schallerlaan 391160 OudergemGround area
349 m²
Building footprint
114 m²
Volume, LiDAR
611 m³
Parcel 21332E0033/00B024, Brussels · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AD MAIORA
since 20172.264.904.171
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332E0033/00B024 | Brussels | 349 m² | 1 · 114 m² | 8.2 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Similar companies · same sector, comparable size
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de mandato
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Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 680 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
Founded02-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
70200Business and other management consultancy
82990Other business support services
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.