AD ROOFCONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of AD ROOFCONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €78,499 and a net result of €17,427. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 7930 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+7
Solvency59▼-3
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.46 against 3.53 in 2024; short-term debt: 22.5% and cash: 25.4% of total assets), but 65.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
34.2%
Return on assets
7.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 4 filingsDeviation from the deadline
2025
11 d late
2024
28 d late
2023
23 d late
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, abbreviated schema
Equity
€78,499▲ 28.5%
2024 · €61,072
Total assets
€229,760▲ 39.7%
2024 · €164,464
Net result
€17,427▲ 567%
2024 · €2,614
Working capital
€126,820▲ 85.1%
2024 · €68,520
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€46,399-€17,714▼ 61.8%€5,154▼ 70.9%€25,572▲ 396%
Net result€37,089within the sector's middle half-€13,869within the sector's middle half▼ 62.6%€2,614below the sector's middle half▼ 81.2%€17,427within the sector's middle half▲ 567%
Equity€44,589below the sector's middle half-€58,458below the sector's middle half▲ 31.1%€61,072below the sector's middle half▲ 4.5%€78,499within the sector's middle half▲ 28.5%
Total assets€64,518below the sector's middle half-€97,655below the sector's middle half▲ 51.4%€164,464below the sector's middle half▲ 68.4%€229,760below the sector's middle half▲ 39.7%
Debt€19,930-€39,197▲ 96.7%€103,392▲ 164%€151,260▲ 46.3%
Working capital€39,195within the sector's middle half-€70,745within the sector's middle half▲ 80.5%€68,520within the sector's middle half▼ 3.1%€126,820within the sector's middle half▲ 85.1%
Solvency69.1%above the sector's middle half-59.9%within the sector's middle half▼ 9.2pp37.1%within the sector's middle half▼ 22.7pp34.2%within the sector's middle half▼ 3.0pp
Current ratio3.75above the sector's middle half-5.87above the sector's middle half▲ 2.133.53above the sector's middle half▼ 2.343.46above the sector's middle half▼ 0.07
Return on assets (ROA)57.5%above the sector's middle half-14.2%above the sector's middle half▼ 43.3pp1.6%within the sector's middle half▼ 12.6pp7.6%within the sector's middle half▲ 6.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 396% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229,760
Fixed assets
€51,315 ▼ 25.5%
Current assets
€178,445 ▲ 86.7%
Equity and liabilities €229,760
Equity
€78,499 ▲ 28.5%
Debt
€151,260 ▲ 46.3%
Debt's share of the balance-sheet total rises from 62.9% to 65.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44,311▲
2024 · €14,764
Cash flow
€36,167▲
2024 · €12,224
Quick ratio
3.44▼
2024 · 3.47
Debt to equity
1.93▲
2024 · 1.69
ROE
22.2%▲
2024 · 4.3%
Interest coverage
14.00▲
2024 · 9.38
Debt ≤ 1 year
€51,625▲
2024 · €27,076
Debt > 1 year
€48,919▼
2024 · €60,692
Income taxes
€5,198▲
2024 · €967
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,252 | €3,462 | €9,610 | €18,739 | ▲ 95.0% |
| Other operating charges640/8 | - | €101 | €1,217 | €1,130 | ▼ 7.2% |
| Non-recurring operating charges66A | - | €500 | €467 | - | - |
| Gross operating margin9900 | €47,651 | €21,777 | €16,448 | €45,441 | ▲ 176% |
| Operating profit (loss)9901 | €46,399 | €17,714 | €5,154 | €25,572 | ▲ 396% |
| Financial income75/76B | - | €155 | - | €219 | - |
| Recurring financial income75 | - | €155 | - | €219 | - |
| Financial charges65/66B | €17 | €216 | €1,573 | €3,165 | ▲ 101% |
| Recurring financial charges65 | €17 | €216 | €1,573 | €3,165 | ▲ 101% |
| Profit (loss) for the period before taxes9903 | €46,382 | €17,652 | €3,581 | €22,626 | ▲ 532% |
| Income taxes67/77 | €9,293 | €3,783 | €967 | €5,198 | ▲ 437% |
| Profit (loss) for the period9904 | €37,089 | €13,869 | €2,614 | €17,427 | ▲ 567% |
| Profit (loss) for the period to be appropriated9905 | €37,089 | €13,869 | €2,614 | €17,427 | ▲ 567% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €64,518 | €97,655 | €164,464 | €229,760 | ▲ 39.7% |
| Fixed assets21/28 | €11,046 | €12,398 | €68,868 | €51,315 | ▼ 25.5% |
| Tangible fixed assets22/27 | €6,046 | €7,398 | €63,868 | €46,315 | ▼ 27.5% |
| Plant, machinery and equipment23 | €4,244 | €2,803 | €2,853 | €2,623 | ▼ 8.1% |
| Furniture and vehicles24 | €1,802 | €4,595 | €61,016 | €43,692 | ▼ 28.4% |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €53,473 | €85,257 | €95,596 | €178,445 | ▲ 86.7% |
| Stocks and contracts in progress3 | - | €1,250 | €1,725 | €905 | ▼ 47.5% |
| Stocks30/36 | - | €1,250 | €1,725 | €905 | ▼ 47.5% |
| Amounts receivable within one year40/41 | €22,427 | €51,729 | €65,566 | €119,188 | ▲ 81.8% |
| Trade receivables40 | €19,111 | €45,335 | €53,102 | €117,773 | ▲ 122% |
| Other amounts receivable41 | €3,315 | €6,394 | €12,464 | €1,415 | ▼ 88.7% |
| Cash at bank and in hand54/58 | €30,262 | €31,922 | €27,975 | €58,352 | ▲ 109% |
| Deferred charges and accrued income490/1 | €784 | €356 | €330 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €64,518 | €97,655 | €164,464 | €229,760 | ▲ 39.7% |
| Equity10/15 | €44,589 | €58,458 | €61,072 | €78,499 | ▲ 28.5% |
| Contributions10/11 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Capital10 | €7,500 | - | - | - | - |
| Issued capital100 | €7,500 | - | - | - | - |
| Outside capital11 | - | €7,500 | €7,500 | €7,500 | = |
| Other1109/19 | - | €7,500 | €7,500 | €7,500 | = |
| Profit (loss) carried forward14 | €37,089 | €50,958 | €53,572 | €70,999 | ▲ 32.5% |
| Amounts payable17/49 | €19,930 | €39,197 | €103,392 | €151,260 | ▲ 46.3% |
| Amounts payable after more than one year17 | €5,050 | €2,442 | €60,692 | €48,919 | ▼ 19.4% |
| Financial debts170/4 | €5,050 | €2,442 | €60,692 | €48,919 | ▼ 19.4% |
| Amounts payable within one year42/48 | €14,277 | €14,512 | €27,076 | €51,625 | ▲ 90.7% |
| Trade debts44 | €4,794 | €9,436 | €7,465 | €37,707 | ▲ 405% |
| Suppliers440/4 | €4,794 | €9,436 | €7,465 | €37,707 | ▲ 405% |
| Taxes, remuneration and social security45 | €9,293 | €5,076 | €10,284 | €13,918 | ▲ 35.3% |
| Taxes450/3 | €9,293 | €3,783 | €1,045 | €7,822 | ▲ 648% |
| Remuneration and social security454/9 | - | €1,294 | €9,239 | €6,096 | ▼ 34.0% |
| Other amounts payable47/48 | €190 | - | €9,326 | - | - |
| Accrued charges and deferred income492/3 | €603 | €22,244 | €15,625 | €50,716 | ▲ 225% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,089 | €13,869 | €2,614 | €17,427 | ▲ 567% |
| + Depreciation and write-downs630 | €1,252 | €3,462 | €9,610 | €18,739 | ▲ 95.0% |
| Operating cash flow (approximation) | €38,341 | €17,332 | €12,224 | €36,167 | ▲ 196% |
| Investment in fixed assets (approximation) | - | -€4,815 | -€66,080 | -€1,186 | ▲ 98.2% |
| Change in cash | - | €1,660 | -€3,947 | €30,377 | ▲ 870% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-06
Financial
Weakest financial yearnet €2,614 ▼81.2%
Net result drops to €2,614, the lowest in the series; recovery starts the following year.
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Edegem · 1 establishment unit since 2021
Ground area
275 m²
Building footprint
107 m²
Volume, LiDAR
421 m³
Parcel 11472C0291/00V011, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
AD ROOFCONSTRUCT
since 20212.317.531.423
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472C0291/00V011 | Flanders | 275 m² | 1 · 107 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 3,802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-04-2021
Fiscal year end30-06
Activities, NACEBEL 2025
43410Roofing work
43230Insulation installation
43332Laying of wooden floor and wall coverings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0767671064
Also
9925:BE0767671064
Registered
31-03-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.