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AD WEB DEVELOPMENT

Active
Private limited companyfounded 2024active for 1 yearGroenkraaglaan 5, 1170 Watermaal-Bosvoorde, Belgium14 active companies are registered at this addressKBO/BCE: BE 1017.220.093
Summary

AD WEB DEVELOPMENT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,576 and a net result of €30,576. Its solvency ranks better than 69% of 3,375 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (24 days) Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00429972.

Equity
€33,576
Total assets
€49,637
Net result
€30,576
Working capital
€31,508

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €49,637
Fixed assets €2,068
Current assets €47,570
Equity and liabilities €49,637
Equity €33,576
Debt €16,061
Debt finances 32.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€39,471
Cash flow
€31,339
Current ratio
2.96
Debt to equity
0.48
ROE
91.1%
ROA
61.6%
Interest coverage
over 100
Debt ≤ 1 year
€16,061
Income taxes
€8,007

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€49,637
Fixed assets21/28€2,068
Tangible fixed assets22/27€2,068
Furniture and vehicles24€2,068
Current assets29/58€47,570
Amounts receivable within one year40/41€2,416
Trade receivables40€2,343
Other amounts receivable41€73
Cash at bank and in hand54/58€45,153
Equity and liabilities
Total equity and liabilities10/49€49,637
Equity10/15€33,576
Contributions10/11€3,000
Profit (loss) carried forward14€30,576
Amounts payable17/49€16,061
Amounts payable within one year42/48€16,061
Trade debts44€3,096
Suppliers440/4€3,096
Taxes, remuneration and social security45€12,965
Taxes450/3€12,965
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€763
Gross operating margin9900€39,471
Operating profit (loss)9901€38,708
Financial charges65/66B€126
Recurring financial charges65€126
Profit (loss) for the period before taxes9903€38,583
Income taxes67/77€8,007
Profit (loss) for the period9904€30,576
Profit (loss) for the period to be appropriated9905€30,576
Appropriation of the result
Profit (loss) to be appropriated9906€30,576

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€763
Gross operating margin9900€39,471
Operating profit (loss)9901€38,708
Financial charges65/66B€126
Recurring financial charges65€126
Profit (loss) for the period before taxes9903€38,583
Income taxes67/77€8,007
Profit (loss) for the period9904€30,576
Profit (loss) for the period to be appropriated9905€30,576
Line2025
Assets
Total assets20/58€49,637
Fixed assets21/28€2,068
Tangible fixed assets22/27€2,068
Furniture and vehicles24€2,068
Current assets29/58€47,570
Amounts receivable within one year40/41€2,416
Trade receivables40€2,343
Other amounts receivable41€73
Cash at bank and in hand54/58€45,153
Equity and liabilities
Total equity and liabilities10/49€49,637
Equity10/15€33,576
Contributions10/11€3,000
Profit (loss) carried forward14€30,576
Amounts payable17/49€16,061
Amounts payable within one year42/48€16,061
Trade debts44€3,096
Suppliers440/4€3,096
Taxes, remuneration and social security45€12,965
Taxes450/3€12,965
Line2025
Profit (loss) for the period9904€30,576
+ Depreciation and write-downs630€763
Operating cash flow (approximation)€31,339

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 24-08-2026 2026-00429972

Similar companies · same sector, comparable size

Of the 16,990 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. 6,611 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.