AD TECH
ActiveThe computed 12-month bankruptcy probability of AD TECH is 3.0% (moderate). The 2025 annual accounts show negative equity (€-23k) and a net result of €-24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7017 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
17
/ 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▼-29
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 1.07 in 2024; short-term debt: 208.7% and cash: 3.6% 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 · 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 · 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
-117.4%
Return on assets
-125%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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
6 d late
2024
43 d late
2023
26 d late
2022
62 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-23k
2024 · €1k
2022: €-14k
2023: €7k
2024: €1k
2022 → 2025
Total assets
€19k▼ 45.8%
2024 · €36k
2022: €22k
2023: €29k
2024: €36k
2022 → 2025
Net result
€-24k▼ 336%
2024 · €-6k
2022: €-18k
2023: €21k
2024: €-6k
2022 → 2025
Working capital
€-23k
2024 · €2k
2022: €-11k
2023: €8k
2024: €2k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-14k-€7k€1k▼ 78.9%€-23k
Operating result€-18k-€26k€-5k€-24k▼ 415%
Net result€-18k-€21k€-6k€-24k▼ 336%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€1k▲ 22.2%
Current assets
€18k▼ 48.1%
Key figures and ratios
EBITDA
€-23k▼
2024 · €-4k
Cash flow
€-24k▼
2024 · €-5k
Solvency
-117.4%▼
2024 · 4.2%
Current ratio
0.44▼
2024 · 1.07
Quick ratio
0.44▼
2024 · 1.07
Debt / equity
-1.85▼
2024 · 23.09
ROA
-125.0%▼
2024 · -15.5%
Interest coverage
-152.97▼
2024 · -4.36
Debt
€42k▲
2024 · €34k
Debt ≤ 1 year
€40k▲
2024 · €32k
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€36k€19k▼
Fixed assets21/28€1k€1k▲
Tangible fixed assets22/27€1k€1k▲
Furniture and vehicles24€1k€1k▲
Financial fixed assets28€60€60=
Current assets29/58€35k€18k▼
Amounts receivable within one year40/41€23k€14k▼
Trade receivables40€23k€11k▼
Other amounts receivable41€28€3k▲
Cash at bank and in hand54/58€5k€705▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€36k€19k▼
Equity10/15€1k€-23k▼
Contributions10/11€4k€4k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-23k€-47k▼
Amounts payable17/49€34k€42k▲
Amounts payable within one year42/48€32k€40k▲
Current portion of amounts payable after more than one year42-€1k
Trade debts44€14k€20k▲
Suppliers440/4€14k€20k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€7k€4k▼
Other amounts payable47/48€11k€15k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€656€687▲
Other operating charges640/8€148€216▲
Gross operating margin9900€-4k€-23k▼
Operating profit (loss)9901€-5k€-24k▼
Financial income75/76B€42€1▼
Recurring financial income75€42€1▼
Financial charges65/66B€923€153▼
Recurring financial charges65€923€153▼
Profit (loss) for the period before taxes9903€-6k€-24k▼
Profit (loss) for the period9904€-6k€-24k▼
Profit (loss) for the period to be appropriated9905€-6k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-47k▼
Profit (loss) brought forward from the previous period14P€-17k€-23k▼
The notes to these accounts (6 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.43
Current ratio from 0.66 to 1.43; short-term debt falls from €33k to €19k.
01-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dour · 1 establishment unit since 2021
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 de l'Yser 17370 DourGround area
309 m²
Building footprint
59 m²
Volume, LiDAR
483 m³
Parcel 53020A0369/00X002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AD TECH
since 20212.323.189.491
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53020A0369/00X002 | Wallonia | 309 m² | 1 · 59 m² | 10.0 m · 3 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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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 1,109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-09-2021
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.