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Generated 12-08-2026
Active BE 1004.866.550Private limited company

AD TRADE

Maria-Christinastraat 179 ·1020 Brussel, Belgium· 2 yrs active
Sector: Detailhandel in andere huishoudelijke artikelen, neg (47559)
Conclusion Checked

The computed 12-month bankruptcy probability of AD TRADE is 5.9% (elevated). The 2024 annual accounts show equity of €2k and a net result of €-1k. Its solvency ranks better than 92% of 6698 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €2k
Net result €-1k
Better than sector 92%
Active 2 yrs
Snowflake analysis 4 of 5 axes measured · computed by Checked
Health65Profitability6Solvency100Growth-Stability67
60 / 100

Strong profile, led by solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 65
Profitability 6
Solvency 100
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
5.9% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Annual accounts: weaker financial profile +

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

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
65 / 100 Healthy
050100
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 78.5% 20.4%
better than 92% of 6698 sector peers
Net result €-1k €4k
better than 32% of 6678 sector peers
Equity €2k €16k
better than 30% of 6712 sector peers
Gross operating margin €-1k €24k
better than 17% of 6657 sector peers
Total assets €2k €94k
better than 5% of 6702 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue€58k
EBITDA-
Net profit€-1k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€2k
Equity€2k
Debt€423
of which ≤ 1y€423
of which > 1y-
Working capital€2k
Employees (FTE)-
Ratios (computed)
2024
Current ratio4.65
Quick ratio4.65
Working capital ratio78.5%
Solvency78.5%
Debt / equity0.27
Long-term debt ratio-
Interest coverage-
Gross margin-2.4%
Net margin-2.5%
ROA-73.9%
ROE-94.1%
EBITDA margin-
Days sales outstanding4d
Days payable outstanding3d
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€2k
Current assets 29/58€2k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€407
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2k
Equity 10/15€2k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€-1k
Amounts payable 17/49€423
Amounts payable within one year 42/48€423
Trade debts payable within one year 44€423
Income statement
Turnover 70€58k
Gross operating margin 9900€-1k
Operating result 9901€-1k
Financial income 75€18
Financial charges 65€71
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
Ratios computed by Checked.
Legal Structure
NACE primary Detailhandel in andere huishoudelijke artikelen, neg(47559)
Legal form Private limited company(610)
Incorporation18-01-2024
StatusActive
Postal code1020
Establishment units 1 location
AD TRADE
Maria-Christinastraat 179, 1020 BrusselDetailhandel in breigarens, handwerken en fournituren
since 20242.354.658.271
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21815D0107/00K004 Brussels 128 m² 1 · 126 m² 15.8 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
23-01-2026
State Gazette act Statutes amendment
v3.2
05-01-2026
State Gazette act Statutes amendment
v3.2
2025
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
22-01-2024
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
All acts · 3 updated 6 months ago
2026
23-01-2026 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": false,
    "seat_change": false,
    "object_change": false,
    "effective_date": "2025-12-09",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1004.866.550",
    "name_full": "AD TRADE",
    "legal_form": "SRL"
  },
  "signature_regime": null,
  "special_mandates": [],
  "governance_change": {
    "admin_delegated_added": []
  }
}
05-01-2026 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": false,
    "seat_change": true,
    "object_change": false,
    "effective_date": "2025-12-09",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1004.866.550",
    "name_full": "AD TRADE",
    "legal_form": "BV"
  },
  "signature_regime": null,
  "special_mandates": [
    {
      "quote": "De vergadering verleent bijzondere volmacht aan Notaris Charles HUYLEBROUCK, en aan zijn medewerkers en lasthebbers, met macht van indeplaatsstelling, om alle nuttige of noodzakelijke administratieve formaliteiten te vervullen.",
      "holder_kbo": null,
      "holder_name": "Charles HUYLEBROUCK",
      "scope_categories": [
        "publication",
        "filing",
        "coordination"
      ],
      "with_substitution": true
    }
  ],
  "governance_change": {
    "admin_delegated_added": []
  }
}
2024
22-01-2024 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "1640 Sint-Genesius-Rode, Lindestraat, 109",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "AOUAD Abderrazzak",
        "niss": null,
        "address": "1140 Evere, Frans Verdonckstraat, 41 - B023"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 3000,
      "holder_person_name": "AOUAD Abderrazzak",
      "is_subscriber_only": true,
      "n_shares_subscribed": 100,
      "amount_subscribed_eur": 3000,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 3000,
  "subject_company": {
    "kbo": "1004.866.550",
    "name_full": "AD TRADE",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2024-01-11",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Detailhandel in andere huishoudelijke artikelen, neg47559Detailhandel in andere huishoudelijke artikelen in gespecialiseerde winkels, n.e.g.47599Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)47716Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716Detailhandel in schoeisel in gespecialiseerde winkels47721Detailhandel in schoeisel47721
Primary activity highlighted.
Names & trade names
Legal nameFR AD TRADE
Registered office
Maria-Christinastraat 179
1020 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative