AD-TECHNICS
ActiveSummary
The computed 12-month bankruptcy probability of AD-TECHNICS is 2.5% (moderate). The 2025 annual accounts show equity of €88k and a net result of €994. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 12% of 7777 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-1
Solvency35=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.66 against 0.68 in 2024; short-term debt: 40.5% and cash: 0.4% of total assets), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 7777 sector peers (2025).
NBB · sector comparisonPosition among 7777 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
39 d early
2024
35 d early
2023
36 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€88k▲ 1.1%
2024 · €87k
2023: €82k
2024: €87k
2023 → 2025
Total assets
€856k▼ 6.1%
2024 · €912k
2023: €376k
2024: €912k
2023 → 2025
Net result
€994▼ 81.3%
2024 · €5k
2023: €77k
2024: €5k
2023 → 2025
Working capital
€-119k▲ 6.5%
2024 · €-127k
2023: €-36k
2024: €-127k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€82k-€87k▲ 6.5%€88k▲ 1.1%
Operating result€98k-€16k▼ 83.2%€38k▲ 131%
Net result€77k-€5k▼ 93.1%€994▼ 81.3%
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 131% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €856k
Fixed assets
€628k ▼ 2.7%
Current assets
€228k ▼ 14.4%
Equity and liabilities €856k
Equity
€88k ▲ 1.1%
Debt
€768k ▼ 6.9%
Debt's share of the balance-sheet total falls from 90.5% to 89.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▲
2024 · €58k
Cash flow
€60k▲
2024 · €47k
Current ratio
0.66▼
2024 · 0.68
Quick ratio
0.30▼
2024 · 0.35
Debt to equity
8.73▼
2024 · 9.48
ROE
1.1%▼
2024 · 6.1%
ROA
0.1%▼
2024 · 0.6%
Interest coverage
2.79▲
2024 · 2.78
Debt ≤ 1 year
€347k▼
2024 · €393k
Debt > 1 year
€421k▼
2024 · €431k
Income taxes
€3k▼
2024 · €5k
Staff costs
€42k▼
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€912k€856k▼
Fixed assets21/28€645k€628k▼
Tangible fixed assets22/27€635k€618k▼
Land and buildings22€505k€503k▼
Plant, machinery and equipment23€30k€27k▼
Furniture and vehicles24€100k€88k▼
Financial fixed assets28€10k€10k=
Current assets29/58€266k€228k▼
Stocks and contracts in progress3€127k€124k▼
Stocks30/36€127k€124k▼
Amounts receivable within one year40/41€120k€94k▼
Trade receivables40€79k€70k▼
Other amounts receivable41€41k€24k▼
Cash at bank and in hand54/58€14k€3k▼
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€912k€856k▼
Equity10/15€87k€88k▲
Contributions10/11€5k€5k=
Reserves13€82k€83k▲
Distributable reserves133€82k€83k▲
Amounts payable17/49€825k€768k▼
Amounts payable after more than one year17€431k€421k▼
Financial debts170/4€431k€421k▼
Amounts payable within one year42/48€393k€347k▼
Current portion of amounts payable after more than one year42€37k€41k▲
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€118k€93k▼
Suppliers440/4€118k€93k▼
Advances received on contracts in progress46€52k€25k▼
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€8k€8k▲
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€48k€52k▲
Income statement
Code20242025
Remuneration, social security and pensions62€69k€42k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€59k▲
Other operating charges640/8€5k€9k▲
Non-recurring operating charges66A€2k€6k▲
Gross operating margin9900€134k€155k▲
Operating profit (loss)9901€16k€38k▲
Financial income75/76B€15k€406▼
Recurring financial income75€15k€406▼
Financial charges65/66B€21k€35k▲
Recurring financial charges65€21k€35k▲
Profit (loss) for the period before taxes9903€11k€4k▼
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€5k€994▼
Profit (loss) for the period to be appropriated9905€5k€994▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€994▼
Transfer to equity691/2€5k€994▼
To other reserves6921€5k€994▼
Social balance
Average headcount (FTE)90871.40.8▼
The notes to these accounts (25 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
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €994 ▼81.3%
Net result drops to €994, the lowest in the series.
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated 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, Avelgem · 1 establishment unit since 2022
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.
Doorniksesteenweg 4038582 AvelgemGround area
1,348 m²
Building footprint
1,399 m²
Volume, LiDAR
7,335 m³
2 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AD-TECHNICS
since 20222.332.400.236
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34031B0100/00R000 | Flanders | 832 m² | 1 · 1,293 m² | 11.9 m · 2 fl. |
| 34019A0302/00G000 | Flanders | 516 m² | 1 · 105 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 555 EUR awarded · 555 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 210 EUR | 210 EUR |
| 2023 | 1 | 345 EUR | 345 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,880 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2022
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.