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AD VENTURES

Active
Coöperatieve vennootschap met beperkte aansprakelijkheidfounded 198639 yrs activeWinston Churchilllaan 50, 1180 Ukkel, BelgiumKBO/BCE: BE 0431.192.021

AD VENTURES has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-14k) and a net result of €-582. Equity is shrinking by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
18 / 100
Critical▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▼-79
Solvency33▼-3
Growth32=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.62 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-126.8%
Return on assets
-5.4%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€14k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
30 d late
2023
29 d late
2022
151 d late
2021
157 d late
2020
25 d late
2019
20 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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-14k▼ 36.7%
2024 · €-10k
2018: €18k 2019: €19k 2020: €20k 2021: €21k 2022: €3k 2023: €-5k 2024: €-10k
2018 → 2025
Total assets
€11k▼ 55.8%
2024 · €24k
2018: €33k 2019: €35k 2020: €49k 2021: €42k 2022: €19k 2023: €19k 2024: €24k
2018 → 2025
Net result
€-582▲ 89.1%
2024 · €-5k
2018: €24k 2019: €24k 2020: €14k 2021: €14k 2022: €-19k 2023: €-7k 2024: €-5k
2018 → 2025
Working capital
€-14k▼ 3.3%
2024 · €-13k
2018: €9k 2019: €14k 2020: €28k 2021: €32k 2022: €-2k 2023: €-8k 2024: €-13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€21k-€3k▼ 87.0%€-5k€-10k▼ 117%€-14k▼ 36.7%
Operating result€17k-€-19k€-7k▲ 62.0%€-5k▲ 27.3%€-4k▲ 33.5%
Net result€14k-€-19k€-7k▲ 60.4%€-5k▲ 27.4%€-582▲ 89.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2021: €17k€17kNet result 2021: €14k€14kOperating result 2022: €-19k€-19kNet result 2022: €-19k€-19kOperating result 2023: €-7k€-7kNet result 2023: €-7k€-7kOperating result 2024: €-5k€-5kNet result 2024: €-5k€-5kOperating result 2025: €-4k€-4kNet result 2025: €-582€-58220212022202320242025
The operating result stays negative: a loss of €4k in 2025 against €5k in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
-126.8%
2024 · -41.0%
Current ratio
0.44
2024 · 0.62
Quick ratio
0.44
2024 · 0.62
Debt / equity
-1.79
2024 · -3.44
ROE
4.3%
2024 · 53.8%
ROA
-5.4%
2024 · -22.1%
Debt
€24k
2024 · €34k
Debt ≤ 1 year
€24k
2024 · €34k
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€24k€11k
Fixed assets21/28€3k-
Tangible fixed assets22/27€233-
Furniture and vehicles24€233-
Financial fixed assets28€3k-
Current assets29/58€21k€11k
Amounts receivable within one year40/41€12k-
Trade receivables40€12k-
Cash at bank and in hand54/58€9k€11k
Deferred charges and accrued income490/1€429-
Equity and liabilities
Total equity and liabilities10/49€24k€11k
Equity10/15€-10k€-14k
Contributions10/11€9k€9k=
Reserves13€5k€2k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€3k-
Profit (loss) carried forward14€-24k€-25k
Amounts payable17/49€34k€24k
Amounts payable within one year42/48€34k€24k
Trade debts44€21k€2k
Suppliers440/4€21k€2k
Taxes, remuneration and social security45€633€2k
Taxes450/3€633€2k
Other amounts payable47/48€13k€21k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€531-
Other operating charges640/8-€633
Gross operating margin9900€-5k€-3k
Operating profit (loss)9901€-5k€-4k
Financial charges65/66B€79€117
Recurring financial charges65€79€117
Profit (loss) for the period before taxes9903€-5k€-4k
Transfer from deferred taxes780-€3k
Profit (loss) for the period9904€-5k€-582
Profit (loss) for the period to be appropriated9905€-5k€-582
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-25k
Profit (loss) brought forward from the previous period14P€-19k€-24k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
04-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 157 days late
2022
31-12
Financial Weakest financial yearnet €-19k ▼233%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
2021
31-12
Financial Liquidity doublescurrent ratio 6.55
Current ratio from 3.08 to 6.55; short-term debt falls from €14k to €6k.
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
20-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial Highest result since 2018net €24k ▲1.6%
Operating result €27k, net result €24k, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Ukkel · 2 establishment units since 1987
establishment All 2 establishment units on the map
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.

Winston Churchilllaan 501180 Ukkel
Ground area
1,960 m²
Building footprint
690 m²
Volume, LiDAR
12,745 m³
2 parcels, Brussels · tallest building 37.1 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
AD VENTURES
Kamerdellelaan 90, 1180 UkkelNACE 74203
since 19872.163.168.393
Winston Churchilllaan 50, 1180 Ukkel
Business consulting
since 20162.313.113.171
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21618B0276/00T057 Brussels 1,488 m² 1 · 576 m² 37.1 m · 9 fl.
21612D0025/00G024 Brussels 471 m² 1 · 114 m² 10.9 m · 1 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.

Similar companies · same sector, comparable size

Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 10,629 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded24-10-1986
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74131
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.