Financials
- Financial year
- 2024
- Total assets
- €235,126
- Profit
- €37,383
- Solvency
- 17.2%
ADAM GROUP
ActiveSummary
The computed 12-month bankruptcy probability of ADAM GROUP is 10.5% (high). The 2024 annual accounts show equity of €40,383 and a net result of €37,383. Its solvency ranks better than 40% of 18,735 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Full-service restaurants
NACE 56111
6th largest company by total assets in Wezembeek-Oppem, Accommodation and food service sector1 site
Size
€235,126total assets 2024
- Staff
- 4.2 FTE
- Equity
- €40,383
- Profit
- €37,383
Turnover not published (micro format)
Structure
- Degraux LaurenceDirector
Accounts filed 105 days late2 of 3 deeds read
Why 34raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 105 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 14-11-2025)Sector: Food and beverage service activities (NACE 56)Show the evidence
Checked score
Score 2024
34
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 58% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency
42
equity 17.2% of total assets
Liquidity
56
short-term debt 63.3% · cash 31.3%
Profitability
89
return on assets 15.9%
Bankruptcy probability, 12 months
10.5%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 4.6%lowest value
12-2024: 4.9%▲ +0.3 percentage points vs 11-2024
01-2025: 4.9%● unchanged vs 12-2024
02-2025: 5.3%▲ +0.4 percentage points vs 01-2025
03-2025: 8.3%▲ +3.0 percentage points vs 02-2025
04-2025: 8.1%▼ -0.2 percentage points vs 03-2025
05-2025: 8.6%▲ +0.5 percentage points vs 04-2025
06-2025: 8.6%● unchanged vs 05-2025
07-2025: 8.6%● unchanged vs 06-2025
08-2025: 8.6%● unchanged vs 07-2025
09-2025: 8.6%● unchanged vs 08-2025
10-2025: 8.6%● unchanged vs 09-2025
11-2025: 8.6%● unchanged vs 10-2025
12-2025: 6.0%▼ -2.6 percentage points vs 11-2025
01-2026: 6.0%● unchanged vs 12-2025
02-2026: 6.0%● unchanged vs 01-2026
03-2026: 6.0%● unchanged vs 02-2026
04-2026: 6.7%▲ +0.7 percentage points vs 03-2026
05-2026: 7.3%▲ +0.6 percentage points vs 04-2026
06-2026: 7.3%● unchanged vs 05-2026
07-2026: 7.3%● unchanged vs 06-2026
08-2026: 8.2%▲ +0.9 percentage points vs 07-2026
09-2026: 8.2%● unchanged vs 08-2026
10-2026: 10.5%▲ +2.3 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.23, below the usual 1.5; short-term debt: 63.3% and cash: 31.3% of total assets), and 82.8% 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 56, micro): better than 39% on solvency, 59% on liquidity and 77% on profitability.
The bankruptcy probability was computed on 22-10-2026 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
Five signals.
raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2024
105 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2024 accounts 105 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: ADAM Gökhan (director)Gazette deed
- Registered officeRegistered-office move · Director in…
Key points
By topic
Board & ownership
- Board
- 1 member
- Degraux LaurenceDirector
Timeline
- Events
- 3
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 26-06-2023
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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