AD-NEW CO
The computed 12-month bankruptcy probability of AD-NEW CO is 1.0% (low). The 2024 annual accounts show negative equity (€-718k) and a net result of €-226k. Equity is shrinking by ~98% per year across the filed fiscal years. Its solvency ranks better than 12% of 4950 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-718k |
| Net result | €-226k |
| Better than sector | 12% |
| Active | 5 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -11.5% | 16.7% | |
| Net result | €-226k | €2k | |
| Equity | €-718k | €27k | |
| Gross operating margin | €-42k | €27k | |
| Total assets | €6.27M | €302k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €-226k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €6.27M |
| Equity | €-718k |
| Debt | €6.99M |
| of which ≤ 1y | €6.86M |
| of which > 1y | - |
| Working capital | €-607k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.91 |
| Quick ratio | 0.02 |
| Working capital ratio | -9.7% |
| Solvency | -11.5% |
| Debt / equity | -9.73 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -3.6% |
| ROE | 31.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.27M |
| Fixed assets | 21/28 | €19k |
| Tangible fixed assets | 22/27 | €19k |
| Current assets | 29/58 | €6.25M |
| Stocks & contracts in progress | 3 | €6.08M |
| Amounts receivable within one year | 40/41 | €39k |
| Cash & bank | 54/58 | €128k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.27M |
| Equity | 10/15 | €-718k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €14k |
| Accumulated profits (losses) | 14 | €-737k |
| Amounts payable | 17/49 | €6.99M |
| Amounts payable within one year | 42/48 | €6.86M |
| Trade debts payable within one year | 44 | €4.34M |
| Income statement | ||
| Gross operating margin | 9900 | €-42k |
| Operating result | 9901 | €-47k |
| Financial charges | 65 | €179k |
| Result before taxes | 9903 | €-226k |
| Net result for the period | 9904 | €-226k |
| Result to be appropriated | 9905 | €-226k |
-
BenS SRLLegal entityDirector (executive)· perm. rep.: Luc VulstekeState Gazette act 23017297 (03-02-2023)Current16-12-2022 → present
-
Inter Control SALegal entityDirector (executive)· perm. rep.: Luc FamilState Gazette act 23017297 (03-02-2023)Current16-12-2022 → present
-
Senses Real Estate SALegal entityDirector (executive)· perm. rep.: Luc LeenknechtState Gazette act 23017297 (03-02-2023)Current16-12-2022 → present
Former directors (2)
-
Patrick LambertDirectorState Gazette act 23017297 (03-02-2023)Former- → 16-12-2022
-
Serge LambertDirectorState Gazette act 23017297 (03-02-2023)Former- → 16-12-2022
| NACE primary | Real estate activities(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 21-05-2021 |
| Status | Active |
| Postal code | 8610 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011D0768/00W000 | Flanders | 4,921 m² | 1 · 4,866 m² | 10.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-06-2023 Registered office moved from Libramont-Chevigny to Kortemark
- 6800 Libramont-Chevigny (Recogne), Rue de Neufchâteau 34 → 8610 Kortemark, Hoogledestraat 122B
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "8610 Kortemark, Hoogledestraat 122B",
"city": "Kortemark",
"region": "vlaams_gewest",
"street": "Hoogledestraat",
"country": "BE",
"postcode": "8610",
"box_number": null,
"street_number": "122B",
"locality_suffix": null
},
"old_address": {
"raw": "6800 Libramont-Chevigny (Recogne), Rue de Neufch\u00E2teau 34",
"city": "Libramont-Chevigny",
"region": "waals_gewest",
"street": "Rue de Neufch\u00E2teau",
"country": "BE",
"postcode": "6800",
"box_number": null,
"street_number": "34",
"locality_suffix": "(Recogne)"
},
"effective_date": "2023-05-25",
"evidence_quote": "",
"region_changed": true,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": true,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Justin VANDEPUTTE",
"firm_city": null,
"firm_name": null,
"office_city": "Menin",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-05-17",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2023-05-17",
"unanimous": true
},
"subject_company": {
"kbo": "0768.648.487",
"name_full": "AD-NEW CO",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Justin VANDEPUTTE",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"une exp\u00E9dition du proc\u00E8s-verbal"
]
}03-02-2023 General meeting · Officer resignation · Officer discharge · Officer appointment
- Filing: 2023-01-02 · AD-NEW CO
- General meeting: 2022-12-16 · AD-NEW CO
- Officer resignation: 2022-12-16 · Patrick Lambert
- Officer resignation: 2022-12-16 · Serge Lambert
- Officer discharge · Patrick Lambert
- Officer discharge · Serge Lambert
- Officer appointment: 2022-12-16 · Senses Real Estate SA
- Permanent representative · Luc Leenknecht
- Officer appointment: 2022-12-16 · Inter Control SA
- Permanent representative · Luc Famil
- Officer appointment: 2022-12-16 · BenS SRL
- Permanent representative · Luc Vulsteke
- Mandate term: end: 2026, start: 2022-12-16 · Senses Real Estate SA
- Mandate term: end: 2026, start: 2022-12-16 · Inter Control SA
- Mandate term: end: 2026, start: 2022-12-16 · BenS SRL
- Power of attorney · Sam Petrus
- Filing · AD-NEW CO
- Publication: 2023-02-03
- Act object: Démissions - nominations
Technical details
{
"facts": [
{
"type": "filing",
"quote": "D\u00E9pos\u00E9 au Greffe du Tribunal de l\u0027Entrepise de LIEGE division NEUFCHATEAU, lc 2 JAN 2023 jour de sa r\u00E9ception.",
"value": "2023-01-02",
"object": null,
"subject": "e1"
},
{
"type": "general_meeting",
"quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale des actionnaires de la soci\u00E9t\u00E9 de 16/12/2022 a pris les d\u00E9cisions suivants:",
"value": "2022-12-16",
"object": null,
"subject": "e1"
},
{
"type": "officer_resignation",
"quote": "1. D\u00E9missions des administrateurs suivants.\u00E0 partir\u0027de 16/12/2022: - M. Patrick Lambert",
"value": "2022-12-16",
"object": "e1",
"subject": "e2"
},
{
"type": "officer_resignation",
"quote": "1. D\u00E9missions des administrateurs suivants.\u00E0 partir\u0027de 16/12/2022: - M. Serge Lambert",
"value": "2022-12-16",
"object": "e1",
"subject": "e3"
},
{
"type": "officer_discharge",
"quote": "L\u0027assembl\u00E9e a donn\u00E9 d\u00E9charge aux administrateurs.",
"value": null,
"object": "e1",
"subject": "e2"
},
{
"type": "officer_discharge",
"quote": "L\u0027assembl\u00E9e a donn\u00E9 d\u00E9charge aux administrateurs.",
"value": null,
"object": "e1",
"subject": "e3"
},
{
"type": "officer_appointment",
"quote": "2. Nomination des administrateurs de l\u00E0 soci\u00E9t\u00E9 Senses Real Estate SA ... qui a accept\u00E9 la nomination",
"value": "2022-12-16",
"object": "e1",
"subject": "e4"
},
{
"type": "permanent_representative",
"quote": "qui a nomm\u00E9 M. Luc Leenknecht comme repr\u00E9sentant permanent.",
"value": null,
"object": "e4",
"subject": "e5"
},
{
"type": "officer_appointment",
"quote": "- Inter Control SA ... qui a accept\u00E9 la nomination",
"value": "2022-12-16",
"object": "e1",
"subject": "e6"
},
{
"type": "permanent_representative",
"quote": "qui a nomm\u00E9 M. Luc Famil comme repr\u00E9sentant permanent",
"value": null,
"object": "e6",
"subject": "e7"
},
{
"type": "officer_appointment",
"quote": "- BenS SRL ... qui a accept\u00E9 la nomination",
"value": "2022-12-16",
"object": "e1",
"subject": "e8"
},
{
"type": "permanent_representative",
"quote": "qui a nomm\u00E9 M. Luc Vulsteke comme repr\u00E9sentant permanent.",
"value": null,
"object": "e8",
"subject": "e9"
},
{
"type": "mandate_term",
"quote": "Les mandats commencent le 16/12/2022 et durent jusqu\u0027a\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale annuelle de 2026.",
"value": {
"end": "2026",
"start": "2022-12-16"
},
"object": "e1",
"subject": "e4"
},
{
"type": "mandate_term",
"quote": "Les mandats commencent le 16/12/2022 et durent jusqu\u0027a\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale annuelle de 2026.",
"value": {
"end": "2026",
"start": "2022-12-16"
},
"object": "e1",
"subject": "e6"
},
{
"type": "mandate_term",
"quote": "Les mandats commencent le 16/12/2022 et durent jusqu\u0027a\u00E0 l\u0027assembl\u00E9e g\u00E9n\u00E9rale annuelle de 2026.",
"value": {
"end": "2026",
"start": "2022-12-16"
},
"object": "e1",
"subject": "e8"
},
{
"type": "power_of_attorney",
"quote": "Sam Petrus Mandataire",
"value": null,
"object": "e1",
"subject": "e10"
},
{
"type": "filing",
"quote": "A \u00E9t\u00E9 d\u00E9pos\u00E9 au greffe: - le PV de l\u0027assembl\u00E9e g\u00E9n\u00E9rale de 16/12/2022",
"value": null,
"object": null,
"subject": "e1"
},
{
"type": "publication",
"quote": "Belgisch Staatsblad - 03/02/2023",
"value": "2023-02-03",
"object": null,
"subject": null
},
{
"type": "act_object",
"quote": "Objet de l\u0027acte: D\u00E9missions - nominations",
"value": "D\u00E9missions - nominations",
"object": null,
"subject": null
}
],
"act_meta": {
"model_id": 40,
"extractor": "open-capture-27b-v3",
"ocr_chars": 2056,
"truncated": false,
"needs_verify": true
},
"entities": [
{
"id": "e1",
"kbo": "0768.648.487",
"kind": "company",
"name": "AD-NEW CO",
"attrs": {
"seat": "Rue de Neufch\u00E2teau 34, 6800 Libramont-Chevigny",
"legal_form": "Soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e"
}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Patrick Lambert",
"attrs": {}
},
{
"id": "e3",
"kbo": null,
"kind": "person",
"name": "Serge Lambert",
"attrs": {}
},
{
"id": "e4",
"kbo": "0880.014.682",
"kind": "company",
"name": "Senses Real Estate SA",
"attrs": {
"seat": "8000 Bruges, Rodenonnenstraat 11 bo\u00EEte 202"
}
},
{
"id": "e5",
"kbo": null,
"kind": "person",
"name": "Luc Leenknecht",
"attrs": {}
},
{
"id": "e6",
"kbo": "0422.786.970",
"kind": "company",
"name": "Inter Control SA",
"attrs": {
"seat": "8200 Bruges, Torhoutse Steenweg 404"
}
},
{
"id": "e7",
"kbo": null,
"kind": "person",
"name": "Luc Famil",
"attrs": {}
},
{
"id": "e8",
"kbo": "0887.339.469",
"kind": "company",
"name": "BenS SRL",
"attrs": {
"seat": "8610 Kortemark, Hoogledestraat 122, bo\u00EEte B"
}
},
{
"id": "e9",
"kbo": null,
"kind": "person",
"name": "Luc Vulsteke",
"attrs": {}
},
{
"id": "e10",
"kbo": null,
"kind": "person",
"name": "Sam Petrus",
"attrs": {
"role": "Mandataire"
}
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | AD-NEW CO |