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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 3,374 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
€49,637total assets 2025
Equity
€33,576
Profit
€30,576
Turnover not published (abbreviated format)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts filed 24 days late
Why 96raises risk1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.96, cash €45,153Equity €33,576 (67.6% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 62, micro)
Financial strength
Strong
Solvency 93
equity 67.6% of total assets
Liquidity 86
short-term debt 32.4% · cash 91.0%
Profitability 100
return on assets 61.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,886 companies, NACE 62, micro)
Last 24 months 01-2026: 0.4% 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.5 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.96, above the usual 1.5; short-term debt: 32.4% and cash: 91% of total assets), and 32.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 60% on solvency, 71% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 2.96, cash €45,153
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €33,576 (67.6% of total assets)
NBB · annual accounts
raises risk · Young company
Founded in 2024, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 years
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
24 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Registered office · Resignations & appointmentsRegistered-office move · Director in…
  3. IncorporationAppointment: DA COSTA DIAS Adriano…

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 11,280 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 497,475 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 11,280 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.

Download as CSV

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.

Directors

Directors
1 director, no change since 2024
DA COSTA DIAS Adriano
Director (not named in the articles) · since 13-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DA COSTA DIAS Adriano
  • Director (not named in the articles), from 13-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 13-12-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 13-12-2024 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

AD WEB DEVELOPMENT was incorporated on 11 December 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 The registered office was moved to Bruxelles in 2026.3 Since 2024, DA COSTA DIAS Adriano has served as director of the company.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 13-12-2024
  3. 3Belgian Official Gazette, 18-08-2026

Acts, filings and financial milestones

2026
24-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 24 days late
18-08
Gazette deed Registered office · Resignations & appointments
Registered-office move · Director in office3 facts ▸
  • General meeting, 01-06-2026
  • Registered-office move, Avenue du Col-Vert 5, bte 2, 1170 Bruxelles
  • Director in office, DA COSTA DIAS Adriano (director)
2024
13-12
Gazette deed Incorporation
Appointment: DA COSTA DIAS Adriano (director) · Founder · Founding capital10 facts ▸
  • Incorporation, “AD WEB DEVELOPMENT” (deed in French)
  • Founder, DA COSTA DIAS Adriano
  • Founding capital, €3,000
  • Other provision, 05-12-2024
  • Other provision, “responsabilité des fondateurs, faillite dans les trois ans de la constitution si capitaux propres de départ manifestement insuffisants pour mener l’activité pro…” (deed in French)
  • Bank account, 3000, EUR
  • Other provision, “attestation dépôt”, 3000 (deed in French)
  • Registered office clause, “1050 Ixelles, Rue de l'Eté 53, boîte 5” (deed in French)
  • Director appointment, DA COSTA DIAS Adriano (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, tous engagements et obligations qui en résultent, et toutes activités entreprises depuis trois mois au nom et pour compte société en formation” (deed in French)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded11-12-2024
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017220093
Registered 28-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
3,935 m²
Building footprint
1,441 m²
Building volume
19,053 m³
Parcel 21017D0038/00D000, Brussels · tallest building 18.1 m. Linked by address, not a title deed.
14 companies at this address See who is registered here
1 establishment unit
AD WEB DEVELOPMENT
Groenkraaglaan 5, 1170 Watermaal-BosvoordeComputer programming
since 2024unit no. 2.367.538.881
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21017D0038/00D000 Brussels 3,935 m² 1 · 1,441 m² 18.1 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Toutes prestations de services dans le domaine de l'informatique et de la bureautique,telles que notamment,la création,la diffusion,la…” (deed in French)
8 activities (deed in French)
  1. Toutes prestations de services dans le domaine de l'informatique et de la bureautique,telles que notamment,la création,la diffusion,la gestion de logiciels ainsi que de tous autres supports informatiques,la négociation et le courtage,l'activité de commissionnaire ou d'intermédiaire,la formation,la tenue de cours et l'organisation de tous systèmes Informatiques
  2. L'étude et le conseil,comprenant toutes opérations d'assistance,dans le domaine de l'informatique et de la bureautique,dans l'équipement de bureaux tant en mobiliers qu'en matériels ainsi que l'organisation,l'assistance et le conseil dans les matières relevant de l'organisation de tous systèmes informatiques et la réalisation d'études stratégiques ainsi que l'étude de projets et leur mise en place;cette énumération étant exemplative
  3. Le commerce en général tant en gros qu'au détail,en ce compris notamment l'achat,la vente,l'importation,l’exportation,le transport,la fabrication,l'entretien,la réparation,la location,la publicité,la représentation de tous matériels et composants en électronique,tous accessoires s'y rattachant ainsi que les logiciels,appareils mobiliers et marchandises en ce compris les jeux vidéo,ordinateurs hardware et software dans le cadre ou ayant trait aux activités énumérées ci-avant
  4. Tout ce qui se rapporte au graphisme,à la mise en page,et au lettrage
  5. La programmation informatique
  6. La création et la vente d’illustration,et de logo
  7. La conception et le développement de site web
  8. La création et la production de contenu digital

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
AD WEB DEVELOPMENT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, adresse transférable en tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de…” (deed in French)

deed of 13-12-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Organe d’administration, assemblée qui nomme fixe nombre,durée du mandat et en cas de pluralité pouvoirs” (deed in French)
“Assemblée générale, portée aux frais généraux indépendamment des frais de représentation,voyages et déplacements” (deed in French)
“1” (deed in French)

deed of 13-12-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“100, droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)
“Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
“Actions données en gage:droit de souscription préférentielle au débiteur-gagiste, organe qui procède à l’émission” (deed in French)

deed of 13-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 18:00

deed of 13-12-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Décision assemblée générale délibérant dans formes prévues pour modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 13-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds, actions libérées à leur émission” (deed in French)
Other provision: “Un ou plusieurs, contrôle-commissaires” (deed in French)
Other provision: “Séances-procès-verbaux, registre tenu au siège pour décisions assemblée ou actionnaire unique” (deed in French)
Other provision: “Délibérations-vote-procuration-ordre du jour-majorité, majorité des voix sauf cas loi ou statuts, quel que soit nombre de titres représentés” (deed in French)
Other provision: “Séance tenante, à trois semaines au plus, toute assemblée ordinaire ou extraordinaire” (deed in French)
Other provision: “Répartition-réserves-bénéfice net annuel, assemblée générale sur proposition organe d'administration” (deed in French)
Liquidation distribution: “Actif net réparti entre actionnaires en proportion de leurs actions, biens conservés remis pour partage même proportion, après apurement…” (deed in French)
Other provision: “Élection de domicile, communications, sommations, assignations, significations valablement faites” (deed in French)
Other provision: “Tribunaux du siège exclusive, litige entre société, actionnaires, gérants, commissaires, liquidateurs relatifs aux affaires et exécution…” (deed in French)
Other provision: “Droit commun-effet décisions finales, dispositions Code des sociétés et des associations réputées inscrites” (deed in French)
6 more provisions in the deed, see the deed of 13-12-2024

deed of 13-12-2024