Ad XL
The computed 12-month bankruptcy probability of Ad XL is 11.3% (high). The 2024 annual accounts show negative equity (€-160k) and a net result of €-29k. Equity is shrinking by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 5634 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-160k |
| Net result | €-29k |
| Staff (FTE) | 16.2 |
| Better than sector | 13% |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -62.2% | 19.4% | |
| Net result | €-29k | €4k | |
| Equity | €-160k | €14k | |
| Gross operating margin | €293k | €52k | |
| Staff costs | €296k | €49k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-29k |
| Cash flow | €-17k |
| Staff costs | €296k |
| Income taxes | - |
| Dividends | - |
| Total assets | €257k |
| Equity | €-160k |
| Debt | €416k |
| of which ≤ 1y | €326k |
| of which > 1y | €90k |
| Working capital | €-160k |
| Employees (FTE) | 16.2 |
| 2024 | |
|---|---|
| Current ratio | 0.51 |
| Quick ratio | 0.48 |
| Working capital ratio | -62.2% |
| Solvency | -62.2% |
| Debt / equity | -2.61 |
| Long-term debt ratio | -0.57 |
| Interest coverage | -0.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -11.2% |
| ROE | 18.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €257k |
| Fixed assets | 21/28 | €89k |
| Formation expenses | 20 | €991 |
| Tangible fixed assets | 22/27 | €89k |
| Current assets | 29/58 | €166k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €141k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €257k |
| Equity | 10/15 | €-160k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-165k |
| Amounts payable | 17/49 | €416k |
| Amounts payable after one year | 17 | €90k |
| Amounts payable within one year | 42/48 | €326k |
| Trade debts payable within one year | 44 | €147k |
| Income statement | ||
| Gross operating margin | 9900 | €293k |
| Operating result | 9901 | €-17k |
| Financial charges | 65 | €12k |
| Result before taxes | 9903 | €-29k |
| Net result for the period | 9904 | €-29k |
| Result to be appropriated | 9905 | €-29k |
Former directors (2)
-
EL KHATTOUTI BilalDirectorState Gazette act 23310626 (02-02-2023)Former- → 30-04-2022
-
HARROUGUI SamirDirectorState Gazette act 23310626 (02-02-2023)Former- → 30-04-2022
| NACE primary | Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112) |
| Legal form | Private limited company(610) |
| Incorporation | 06-04-2021 |
| Status | Active |
| Postal code | 1070 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0093/00K000 | Brussels | 5.7 ha | 1 · 2,064 m² | 12.8 m · 2 fl. |
| 21445C0266/00Z002 | Brussels | 132 m² | 1 · 117 m² | 17.4 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-03-2025 Registered office moved from Ixelles to Anderlecht
- Avenue de la Couronne, 443 - 1050 Ixelles → Boulevard International 55/ BAT G, 1070 Anderlecht
Technical details
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"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Boulevard International 55/ BAT G, 1070 Anderlecht",
"city": "Anderlecht",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Boulevard International",
"country": "BE",
"postcode": "1070",
"box_number": "BAT G",
"street_number": "55",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue de la Couronne, 443 - 1050 Ixelles",
"city": "Ixelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue de la Couronne",
"country": "BE",
"postcode": "1050",
"box_number": null,
"street_number": "443",
"locality_suffix": null
},
"effective_date": "2025-03-25",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
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"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
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},
"act_meta": {
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"pub_date": null,
"filing_date": "2025-03-18",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2025-03-04",
"unanimous": true
},
"subject_company": {
"kbo": "0766.381.261",
"name_full": "AD XL",
"legal_form": "SRL"
},
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"org_name": "TAXCOM MANAGEMENT INVEST SRL",
"person_name": null,
"org_rep_person_name": "Roberto MEO",
"person_role_at_subject": null
},
"co_filed_documents": []
}02-02-2023 2 resigning
- HARROUGUI Samir, Bestuurder
- EL KHATTOUTI Bilal, Bestuurder
Technical details
{
"events": [
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},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
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"statutory": "niet_statutair",
"compensated": null,
"effective_date": "2022-04-30",
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},
{
"kind": "director_out",
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"name": "EL KHATTOUTI Bilal",
"address": "1020 Bruxelles (Laeken), Rue Ernest Salu 75",
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},
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{
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"evidence_quote": "L\u2019assembl\u00E9e d\u00E9charge les administrateurs d\u00E9missionnaires pour l\u2019ex\u00E9cution de leur mandat.",
"decharge_status": "granted",
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{
"kind": "substantive_delegation",
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"name": "Marc WILMUS",
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"evidence_quote": "L\u2019assembl\u00E9e d\u00E9cide de donner la mission au notaire soussign\u00E9 d\u2019\u00E9tablir et de signer la coordination des statuts, conform\u00E9ment \u00E0 la d\u00E9cision pr\u00E9c\u00E9dente, et d\u2019assurer son d\u00E9p\u00F4t au dossier de la soci\u00E9t\u00E9.",
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}
],
"notary": {
"name": "Marc WILMUS",
"firm_city": null,
"firm_name": null,
"office_city": "Etterbeek",
"is_associated": false
},
"act_meta": {
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"pub_date": "2023-02-02",
"filing_date": "2023-01-31",
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},
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{
"body": "algemene_vergadering",
"date": "2023-01-23",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0766.381.261",
"name_full": "ASAKUSA",
"legal_form": "SRL"
},
"publication_proxy": {
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},
"co_filed_documents": [
"exp\u00E9dition de l\u2019acte",
"statuts coordonn\u00E9s"
],
"corrected_publication_numac": null
}| Legal nameFR | Ad XL |