AD-POL
ActiveAD-POL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €-18k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-71
Solvency73▼-9
Growth56=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.73 against 1.97 in 2023; short-term debt: 51.6% and cash: 0% of total assets), but 51.6% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
48.4%
Return on assets
-7.9%
Age of the figures
24 mo
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 not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 140 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 15-09-2025, 138 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
138 d late
2023
282 d late
2022
869 d late
2021
4 d early
2020
67 d late
2019
20 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€352k▼ 25.8%
2020 · €475k
2018: €273k
2019: €283k
2020: €475k
2018 → 2021
EBIT margin
4.7%▲ 10.1pp
2020 · -5.4%
2018: 27.3%
2019: 18.4%
2020: -5.4%
2018 → 2021
Net result
€-18k
2023 · €19k
2018: €50k
2019: €16k
2020: €-19k
2021: €25k
2022: €-8k
2023: €19k
2018 → 2024
Working capital
€84k▼ 8.6%
2023 · €92k
2018: €90k
2019: €98k
2020: €68k
2021: €99k
2022: €96k
2023: €92k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€475k-€352k▼ 25.8%
Equity€90k-€115k▲ 27.4%€107k▼ 6.9%€126k▲ 18.0%€109k▼ 14.0%
Operating result€-26k-€17k€-15k€24k€-18k
Net result€-19k-€25k€-8k€19k€-18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €18k after €24k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €224k
Fixed assets
€24k▼ 28.7%
Current assets
€200k▲ 7.0%
Equity and liabilities €224k
Equity
€109k▼ 14.0%
Debt
€116k▲ 22.1%
The debt ratio rises from 42.9% to 51.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2023 · €31k
Cash flow
€-8k▼
2023 · €26k
Solvency
48.4%▼
2023 · 57.1%
Current ratio
1.73▼
2023 · 1.97
Quick ratio
1.73▼
2023 · 1.97
Debt / equity
1.07▲
2023 · 0.75
ROE
-16.3%▼
2023 · 15.2%
ROA
-7.9%▼
2023 · 8.7%
Interest coverage
-139.03▼
2023 · 110.46
Debt
€116k▲
2023 · €95k
Debt ≤ 1 year
€116k▲
2023 · €95k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€221k€224k▲
Fixed assets21/28€34k€24k▼
Tangible fixed assets22/27€34k€24k▼
Furniture and vehicles24€34k€24k▼
Financial fixed assets28€250€250=
Current assets29/58€187k€200k▲
Amounts receivable within one year40/41€187k€200k▲
Trade receivables40€75k€154k▲
Other amounts receivable41€112k€46k▼
Cash at bank and in hand54/58-€72
Equity and liabilities
Total equity and liabilities10/49€221k€224k▲
Equity10/15€126k€109k▼
Contributions10/11€6k€6k=
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€99k€82k▼
Amounts payable17/49€95k€116k▲
Amounts payable within one year42/48€95k€116k▲
Financial debts43€2k-
Credit institutions430/8€2k-
Trade debts44€67k€114k▲
Suppliers440/4€67k€114k▲
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€20k€2k▼
Taxes450/3€8k€2k▼
Remuneration and social security454/9€13k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€69€106▲
Non-recurring operating charges66A€504€48▼
Gross operating margin9900€32k€-8k▼
Operating profit (loss)9901€24k€-18k▼
Financial charges65/66B€281€56▼
Recurring financial charges65€281€56▼
Profit (loss) for the period before taxes9903€24k€-18k▼
Income taxes67/77€4k-
Profit (loss) for the period9904€19k€-18k▼
Profit (loss) for the period to be appropriated9905€19k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€99k€82k▼
Profit (loss) brought forward from the previous period14P€80k€99k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 138 days late
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 869 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 282 days late
2023
30-09
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-09
Financial
Equity above €100kEq €115k ▲27.4%
Equity rises from €90k to €115k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
2020
30-09
Financial
Weakest financial yearnet €-19k ▼217%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
20-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
30-09
Financial
Equity above €100kEq €110k ▲17.7%
2 profitable years in a row build equity to €110k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Assesse · 1 establishment unit since 2010
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.
Chaussée de Dinant 155334 AssesseGround area
1,466 m²
Building footprint
151 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Rowis 2, 5334 Assesse
since 20102.193.207.315
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92044A0167/00B000 | Wallonia | 1,123 m² | 1 · 76 m² | - |
| 92044A0205/00F002 | Wallonia | 343 m² | 1 · 76 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
DAKWERKEN DANIELS
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DAKWERKEN MIKE
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Van De Water
BE 1016.503.778
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DRIJKONINGEN TOM BV
BE 0833.526.641
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ADL DELFERIER
BE 0848.024.676
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Of 11,140 companies in sector 43910 we hold annual accounts for 5,485. 4,799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-09-2010
Fiscal year end30-09
Activities, NACEBEL
43910Bricklaying and masonry work
43994Specialised construction activities
43240Other construction installation
43299Specialised construction activities
43341Painting of buildings
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.