AD-Sign
ActiveThe computed 12-month bankruptcy probability of AD-Sign is 1.9% (moderate). The 2025 annual accounts show negative equity (€-29k) and a net result of €-8k. Equity is shrinking by ~49.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 402 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.19 in 2024; short-term debt: 319.1% and cash: 2.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-219.1%
Return on assets
-63%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-29k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
13 d early
2022
12 d early
2021
31 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k▲ 10.9%
2024 · €-9k
2018: €-6k
2019: €-17k
2020: €-4k
2021: €-10k
2022: €-3k
2023: €-275
2024: €-9k
2018 → 2025
Working capital
€-37k▼ 18.9%
2024 · €-31k
2018: €-5k
2019: €-12k
2020: €-16k
2021: €-25k
2022: €-27k
2023: €-24k
2024: €-31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-9k-€-11k▼ 30.2%€-11k▼ 2.5%€-21k▼ 82.9%€-29k▼ 40.4%
Operating result€-10k-€-2k▲ 73.9%€-203▲ 91.8%€-9k▼ 4,523%€-8k▲ 11.4%
Net result€-10k-€-3k▲ 73.3%€-275▲ 89.3%€-9k▼ 3,322%€-8k▲ 10.9%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13k
Fixed assets
€8k▼ 23.8%
Current assets
€5k▼ 26.7%
Key figures and ratios
EBITDA
€-6k▲
2024 · €-7k
Cash flow
€-6k▲
2024 · €-7k
Solvency
-219.1%▼
2024 · -117.1%
Current ratio
0.13▼
2024 · 0.19
Quick ratio
0.01▼
2024 · 0.07
Debt / equity
-1.46▲
2024 · -1.85
ROA
-63.0%▼
2024 · -53.1%
Interest coverage
-80.93▲
2024 · -288.75
Debt
€42k▲
2024 · €38k
Debt ≤ 1 year
€42k▲
2024 · €38k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€18k€13k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€10k€8k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€68€11▼
Current assets29/58€7k€5k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41-€204
Other amounts receivable41-€204
Cash at bank and in hand54/58€3k€391▼
Equity and liabilities
Total equity and liabilities10/49€18k€13k▼
Equity10/15€-21k€-29k▼
Contributions10/11€29k€29k=
Profit (loss) carried forward14€-49k€-58k▼
Amounts payable17/49€38k€42k▲
Amounts payable within one year42/48€38k€42k▲
Trade debts44€240-
Suppliers440/4€240-
Taxes, remuneration and social security45€205-
Taxes450/3€205-
Other amounts payable47/48€38k€42k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€387€400▲
Gross operating margin9900€-7k€-5k▲
Operating profit (loss)9901€-9k€-8k▲
Financial charges65/66B€24€72▲
Recurring financial charges65€24€72▲
Profit (loss) for the period before taxes9903€-9k€-8k▲
Profit (loss) for the period9904€-9k€-8k▲
Profit (loss) for the period to be appropriated9905€-9k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-58k▼
Profit (loss) brought forward from the previous period14P€-40k€-49k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gembloux · 1 establishment unit since 2017
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.
Rue Mautienne, Bos. 385032 GemblouxGround area
1,078 m²
Building footprint
159 m²
Volume, LiDAR
1,030 m³
Parcel 92019B0390/00M000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Mautienne, Bos. 38, 5032 Gembloux
since 20172.268.634.218
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92019B0390/00M000 | Wallonia | 1,078 m² | 1 · 159 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Chill and Cook
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BE 1017.377.966
Damme · Eq €4k
Design With Sense
BE 0786.969.512
Sint-Gillis (bij-Brussel) · Eq €4k
CORTA-NOVA
BE 0778.677.101
Lierde · Eq €4k
SAW Designs
BE 0777.554.869
Westerlo · Eq €4k
Of 457 companies in sector 31009 we hold annual accounts for 124. 15 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2017
Fiscal year end31-12
Activities, NACEBEL
31009Manufacture of furniture
16281Manufacture of other wood products
32400Other manufacturing
47551Retail sale of household furniture
47591Retail trade
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ad-sign.be
E-mail:etienne.ansseau@ad-sign.be