ADAM Alain
ActiveSummary
ADAM Alain has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335k and a net result of €43k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+11
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 19.87 against 4.53 in 2024; short-term debt: 4.3% and cash: 54.1% of total assets), and 7.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.2%
Return on assets
12%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
72 d early
2023
6 d early
2022
on the day
2021
1 d early
2020
1 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€335k▲ 14.9%
2024 · €291k
2018: €160k
2019: €179k
2020: €191k
2021: €206k
2022: €261k
2023: €299k
2024: €291k
2018 → 2025
Total assets
€363k▼ 4.8%
2024 · €381k
2018: €220k
2019: €239k
2020: €241k
2021: €238k
2022: €361k
2023: €352k
2024: €381k
2018 → 2025
Net result
€43k▲ 211%
2024 · €14k
2018: €2k
2019: €19k
2020: €12k
2021: €15k
2022: €55k
2023: €38k
2024: €14k
2018 → 2025
Working capital
€292k▲ 18.1%
2024 · €248k
2018: €136k
2019: €159k
2020: €162k
2021: €176k
2022: €288k
2023: €280k
2024: €248k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€206k-€261k▲ 26.6%€299k▲ 14.6%€291k▼ 2.7%€335k▲ 14.9%
Operating result€18k-€73k▲ 311%€49k▼ 33.3%€19k▼ 61.5%€58k▲ 208%
Net result€15k-€55k▲ 262%€38k▼ 30.5%€14k▼ 63.5%€43k▲ 211%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 208% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €363k
Fixed assets
€55k ▼ 13.4%
Current assets
€308k ▼ 3.1%
Equity and liabilities €363k
Equity
€335k ▲ 14.9%
Debt
€28k ▼ 68.7%
Debt's share of the balance-sheet total falls from 23.6% to 7.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2024 · €39k
Cash flow
€65k▲
2024 · €34k
Current ratio
19.87▲
2024 · 4.53
Quick ratio
15.22▲
2024 · 3.61
Debt to equity
0.08▼
2024 · 0.31
ROE
13.0%▲
2024 · 4.8%
ROA
12.0%▲
2024 · 3.7%
Interest coverage
21.54▲
2024 · 9.54
Debt ≤ 1 year
€15k▼
2024 · €70k
Debt > 1 year
€13k▼
2024 · €18k
Income taxes
€18k▲
2024 · €5k
Staff costs
€43k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€381k€363k▼
Fixed assets21/28€64k€55k▼
Tangible fixed assets22/27€64k€55k▼
Plant, machinery and equipment23€7k€7k▼
Furniture and vehicles24€54k€46k▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€75€75=
Current assets29/58€318k€308k▼
Stocks and contracts in progress3€64k€72k▲
Stocks30/36€64k€72k▲
Amounts receivable within one year40/41€83k€38k▼
Trade receivables40€45k€12k▼
Other amounts receivable41€38k€26k▼
Cash at bank and in hand54/58€154k€196k▲
Deferred charges and accrued income490/1€17k€2k▼
Equity and liabilities
Total equity and liabilities10/49€381k€363k▼
Equity10/15€291k€335k▲
Contributions10/11€6k€6k=
Reserves13€285k€329k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€283k€327k▲
Amounts payable17/49€90k€28k▼
Amounts payable after more than one year17€18k€13k▼
Financial debts170/4€18k€13k▼
Amounts payable within one year42/48€70k€15k▼
Current portion of amounts payable after more than one year42€33k€6k▼
Financial debts43€67€67=
Credit institutions430/8€67€67=
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Other amounts payable47/48€26k€3k▼
Accrued charges and deferred income492/3€2k€65▼
Income statement
Code20242025
Non-recurring operating income76A-€781
Remuneration, social security and pensions62€5k€43k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€492
Gross operating margin9900€46k€124k▲
Operating profit (loss)9901€19k€58k▲
Financial income75/76B€5k€7k▲
Recurring financial income75€5k€7k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€19k€61k▲
Income taxes67/77€5k€18k▲
Profit (loss) for the period9904€14k€43k▲
Profit (loss) for the period to be appropriated9905€14k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€43k▲
Transfer from equity791/2€22k-
Transfer to equity691/2€14k€43k▲
To other reserves6921€14k€43k▲
Profit to be distributed694/7€22k-
Return on contributions (dividend)694€22k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 19.87
Current ratio from 4.53 to 19.87; short-term debt falls from €70k to €15k.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €55k ▲262%
Operating result €73k, net result €55k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €206k ▲7.9%
4 profitable years in a row build equity to €206k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Hannut · 1 establishment unit since 2010
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.
Rue de Houtain (GD HT) 174280 HannutGround area
1,133 m²
Building footprint
123 m²
Volume, LiDAR
805 m³
Parcel 64031B0368/00M000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPRL ADAM Alain
since 20102.192.976.196
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64031B0368/00M000 | Wallonia | 1,133 m² | 1 · 123 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,041 companies in sector 43221 we hold annual accounts for 3,471. 2,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.