Equity
€6,000 from €132,245 in 2024
Equity fell by 95% in 1 year.
Ad Néo
Lifetime
5 annual accounts with figures on one time axispeak €105,802 (2021)
€56,379▲ 59.5%
peak €72,815 (2021)
€28,404▲ 105%
peak €132,245 (2024)
€6,000▼ 95.5%
€199,276▲ 214%
Board1 name since 2019
1 directorDRAGOS Marian Georgel
Documentsfilings and deeds
22-12-202540 days before the deadline
2025micro format
Gross margin from €35,343 to €56,379Result from €13,876 to €28,404Registered office moved from Charleroi to Chaumont-Gistoux 27-02Dividend €154,649Equity from €132,245 to €6,000Debts from €63,475 to €199,276
Key points
from the 2025 annual accountsTurnover
≈ €290,000 estimated
The micro format states no turnover.
Debts
€199,276 97% of the balance sheet
Financial debts 10%Suppliers 3%Taxes and wages 7%Other 80%
Of this, €178,394 falls due within a year.
Liquidity
0.82 was 3.90 in 2024
Short-term debts rose from €31,922 to €178,394.
At the same address
35 companies
Position in the sector
2.9%
Lower solvency than 86% of companies in construction of buildings. Sector median 42.9% · 9,462 companies.
Checked score
54
Fair
Financially stronger than 36% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%lowest value
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.9%▲ +0.4 percentage points vs 01-2025
03-2025: 1.4%▲ +0.5 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025
08-2025: 1.4%● unchanged vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.6%▲ +0.2 percentage points vs 09-2025
11-2025: 1.9%▲ +0.3 percentage points vs 10-2025
12-2025: 1.8%▼ -0.1 percentage points vs 11-2025
01-2026: 2.0%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 1.6%▼ -0.4 percentage points vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 1.6%● unchanged vs 04-2026
06-2026: 1.6%● unchanged vs 05-2026
07-2026: 1.5%▼ -0.1 percentage points vs 06-2026
08-2026: 1.5%● unchanged vs 07-2026
09-2026: 1.5%● unchanged vs 08-2026
10-2026: 1.8%▲ +0.3 percentage points vs 09-2026
11-2026: 1.7%▼ -0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
1 change of registered office in 24 months
Founded in 2019
lowers risk
Liquidity: current ratio 0.82, cash €133,049
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 13% of them on solvency, 55% on liquidity, 70% on profitability and 5% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as Ad Néo has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of Ad Néo itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for Ad Néo. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 14%
← weakest
strongest →
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 22-12-2025, 40 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
40 days early
2024
3 days early
2023
23 days early
2022
46 days early
2021
124 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 47 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 22 December (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0736928695
Registered office moved from Charleroi to Chaumont-Gistoux
New registered office: Chaussée de Huy 368 à 1325 Chaumont-Gistoux · Previous registered office: Rue des Haies 23 à 6001 Charleroi · General meeting of 27-01-2025 · Gazette deed
Incorporation
Founding capital of €6,000, 100 shares · Founder: DRAGOS Marian Georgel · Appointment: DRAGOS Marian Georgel (director) · published on 04-11-2019 · Gazette deed
First establishment
Paul Malustraat 1, Hoeilaart
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Ad Néo Chaumont-Gistoux | €205,276 | €56,379 | 2.9% | - |
| FODOR TEAM Rixensart | €244,761 | €62,305 | 80.7% | - |
| STRAZZERI CONSTRUCTION Manage | €211,069 | €54,501 | 25.4% | - |
| DIFICARE Hasselt | €199,740 | €54,349 | 60.8% | - |
| RESTIZO Etterbeek | €205,935 | €61,361 | 66.9% | - |
| INAKIS & FILS Molenbeek-Saint-Jean | €209,843 | €57,267 | 30.3% | - |
| D.G & J CONSTRUCT Quévy | €216,121 | €55,266 | 27.7% | - |
These companies have the same main activity as Ad Néo: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €200,000 and €245,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 30-10-2019Normal situation
- Registered office
- 36 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.297.765.6921560 Hoeilaart, since 30-10-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 03-07-2025
Annual accounts to 30-06-2025
- €205,276▲ 4.9%
- Filing
- Filed on 22-12-2025, 40 days before the end of the filing period
Insights on Ad Néo
Ad Néo files the micro format. That format states no turnover. The gross margin fell from €105,802 in 2021 to €56,379 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Ad Néo
- What is the company number of Ad Néo?
- The company number of Ad Néo is 0736.928.695. The VAT number is the same number with BE in front: BE 0736.928.695.
- Where is Ad Néo based?
- The registered office is at Chaussée de Huy 368, 1325 Chaumont-Gistoux.Company details
- What does Ad Néo do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Ad Néo?
- Ad Néo is a private limited company (BV).
- When was Ad Néo founded?
- Ad Néo was founded on 30-10-2019.
- Is Ad Néo still active?
- Yes, Ad Néo is an active enterprise in the KBO register.
- What is the turnover of Ad Néo?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €56,379 and 111 comparable companies (NACE 41001). It probably lies between €220,000 and €490,000.Financials
- Is Ad Néo profitable?
- In financial year 2025, Ad Néo made a profit of €28,404.
- Where can I find the annual accounts of Ad Néo?
- Ad Néo filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ad Néo due?
- Ad Néo must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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