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AD SERVICES

Active
Private limited company·Sanitaire werkzaamheden· 3 yrs active
Prosper Matthysstraat 30 ·1190 Vorst, Belgium
BE 0788.995.822
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of AD SERVICES is 4.8% (elevated). The 2024 annual accounts show equity of €24k and a net result of €17k. Its solvency ranks better than 47% of 11043 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.8% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€17k+231.8%
Working capital€20k+1043.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 22-09-2025 with the NBB · fiscal year 2024 · micro
€0€10k€20kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €23k€23kNet result 2024: €17k€17k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 38.6% 40.9%
better than 47% of 11043 sector peers
Net result €17k €11k
better than 60% of 11026 sector peers
Equity €24k €34k
better than 39% of 11047 sector peers
Gross operating margin €27k €35k
better than 42% of 11016 sector peers
Total assets €62k €93k
better than 34% of 11043 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€26k
+148.4% -68% vs sector
Net profit
€17k
+231.8% +19% vs sector
Cash flow
€21k
+144.9% -64% vs sector
Total assets
€62k
+169.0% -92% vs sector
Equity
€24k
+265.9% -91% vs sector
Working capital
€20k
+1043.3% -92% vs sector
Income taxes
€5k
+197.6% -69% vs sector
Debt
€38k
+130.6% -92% vs sector
Debt ≤ 1y
€38k
+160.2% -77% vs sector
Debt > 1y
€2k
- -99% vs sector
Current ratio
1.53
+36.4% +22% vs sector
Quick ratio
1.53
+36.4% +51% vs sector
Solvency
38.6%
+36.0% ≈ vs sector
Debt / equity
1.59
-37.0% -1% vs sector
ROE
72.7%
-9.3% far above sector median
ROA
28.1%
+23.3% far above sector median
Interest coverage
51.89
+92.8% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€26k
Net profit€17k
Cash flow€21k
Staff costs-
Income taxes€5k
Dividends-
Total assets€62k
Equity€24k
Debt€38k
of which ≤ 1y€38k
of which > 1y-
Working capital€20k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.53
Quick ratio1.53
Working capital ratio32.4%
Solvency38.6%
Debt / equity1.59
Long-term debt ratio-
Interest coverage51.89
Gross margin-
Net margin-
ROA28.1%
ROE72.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€62k
Fixed assets 21/28€4k
Tangible fixed assets 22/27€4k
Current assets 29/58€58k
Amounts receivable within one year 40/41€34k
Cash & bank 54/58€25k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€62k
Equity 10/15€24k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€23k
Amounts payable 17/49€38k
Amounts payable within one year 42/48€38k
Trade debts payable within one year 44€12k
Income statement
Gross operating margin 9900€27k
Operating result 9901€23k
Financial income 75€15
Financial charges 65€505
Result before taxes 9903€22k
Income taxes 67/77€5k
Net result for the period 9904€17k
Result to be appropriated 9905€17k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
AD SERVICES
Louis Hapstraat 58, 1040 EtterbeekSanitaire werkzaamheden
since 20222.333.964.807
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area624 m²
Buildings2
Building footprint315 m²
Volume (LiDAR)2,618 m³
Tallest building17.4 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21364B0005/00L006 Brussels 462 m² 1 · 217 m² 17.4 m · 1 fl.
21382C0227/00A022 Brussels 163 m² 1 · 97 m² 15.1 m · 4 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.

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability100Solvency72Growth78Stability94
88 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 100
Solvency 72
Growth 78
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Loodgieterswerk43221Sanitaire werkzaamheden43221Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390
Primary activity highlighted.
Names & trade names
Legal nameNL AD SERVICES
Registered office
Prosper Matthysstraat 30
1190 Vorst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.