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Active
BE 0822.451.914Private limited company (pre-2019)Open bankruptcy
AD Project
Filterstraat 27 ·3960 Bree, Belgium· 16 yrs active
Sector: Specialised construction
(43410)
Conclusion
A bankruptcy procedure is open for AD Project according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €93k and a net result of €53k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €93k |
| Net result | €53k |
| Better than sector | 73% |
| Active | 16 yrs |
Snowflake analysis
63
/ 100
Strong profile, led by profitability.
Health
41
Profitability
100
Solvency
96
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
41
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 30-01-2023 with the NBB · fiscal year 2022 · micro
Sector comparison
Fiscal year 2022 · NACE 43 — Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.6% | 34.0% | |
| Net result | €53k | €14k | |
| Equity | €93k | €23k | |
| Gross operating margin | €87k | €31k | |
| Total assets | €176k | €78k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€83k
—
18–22
€53k
+300.9%
18–22
€55k
—
18–22
€176k
+167.4%
18–22
€93k
+135.0%
18–22
€82k
+101.7%
18–22
€29k
+204.9%
18–22
€84k
+215.8%
18–22
€82k
+228.7%
18–22
2.00
-24.0%
18–22
2.00
-24.0%
18–22
52.6%
-12.1%
18–22
0.90
—
18–22
57.4%
+70.6%
18–22
30.2%
+49.9%
18–22
363.75
—
18–22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €83k |
| Net profit | €53k |
| Cash flow | €55k |
| Staff costs | — |
| Income taxes | €29k |
| Dividends | — |
| Total assets | €176k |
| Equity | €93k |
| Debt | €84k |
| of which ≤ 1y | €82k |
| of which > 1y | — |
| Working capital | €82k |
| Employees (FTE) | — |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 2.00 |
| Quick ratio | 2.00 |
| Working capital ratio | 46.8% |
| Solvency | 52.6% |
| Debt / equity | 0.90 |
| Long-term debt ratio | — |
| Interest coverage | 363.75 |
| Gross margin | — |
| Net margin | — |
| ROA | 30.2% |
| ROE | 57.4% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €176k |
| Fixed assets | 21/28 | €12k |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €230 |
| Current assets | 29/58 | €165k |
| Amounts receivable within one year | 40/41 | €59k |
| Cash & bank | 54/58 | €48k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €176k |
| Equity | 10/15 | €93k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €74k |
| Amounts payable | 17/49 | €84k |
| Amounts payable within one year | 42/48 | €82k |
| Trade debts payable within one year | 44 | €47k |
| Income statement | ||
| Gross operating margin | 9900 | €87k |
| Operating result | 9901 | €81k |
| Financial income | 75 | €1k |
| Financial charges | 65 | €229 |
| Result before taxes | 9903 | €82k |
| Income taxes | 67/77 | €29k |
| Net result for the period | 9904 | €53k |
| Result to be appropriated | 9905 | €53k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CECILE NOELMANS MOERENSTRAAT 33,
3700 TONGEREN |
05-03-2024 → present | Belgian State Gazette |
| Curator | CATHERINE NOEL-
MANS MOERENSTRAAT 33, 3700 TONGEREN- |
05-03-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43410) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 20-01-2010 |
| Status | Active |
| Postal code | 3960 |
| First BS signal | 11-03-2024 |
| Latest BS signal | 11-03-2024 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
AD Project
since 20102.188.621.490
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72402A0340/00C002 | Flanders | 693 m² | 1 · 170 m² | 9.6 m · 1 fl. |
| 71327G0386/00B003 | Flanders | 339 m² | 1 · 146 m² | 12.0 m · 3 fl. |
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.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2024
11-03-2024
Bankruptcy
Opening
2023
30-01-2023
NBB filing
Annual accounts filed
2022
08-02-2022
NBB filing
Annual accounts filed
2021
26-02-2021
NBB filing
Annual accounts filed
2019
23-10-2019
NBB filing
Annual accounts filed
2018
19-12-2018
NBB filing
Annual accounts filed
2017
29-11-2017
NBB filing
Annual accounts filed
31-05-2017
NBB filing
Annual accounts filed
29-03-2017
NBB filing
Annual accounts filed
2015
30-01-2015
NBB filing
Annual accounts filed
2014
02-06-2014
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
11-03-2024
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Dakwerkzaamheden43410Dakwerkzaamheden43910Loodgieterswerk43221Sanitaire werkzaamheden43221Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Interieurarchitecten71112Activiteiten van interieurarchitecten71112
Primary activity highlighted.
Names & trade names
| Legal nameNL | AD Project |
Registered office
Filterstraat 27
3960 Bree, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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