ADAM TEGELS
ActiveSummary
ADAM TEGELS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90k and a net result of €50k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 69% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency90▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 3.02 in 2024; short-term debt: 35.4% and cash: 13.2% of total assets), and 35.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
64.6%
Return on assets
35.8%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
60 d late
2023
55 d late
2022
52 d late
2021
47 d late
2020
108 d late
2019
119 d late
← 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
€90k▲ 28.3%
2024 · €70k
2018: €22k
2019: €29k
2020: €37k
2021: €39k
2022: €43k
2023: €44k
2024: €70k
2018 → 2025
Total assets
€139k▲ 34.1%
2024 · €104k
2018: €23k
2019: €33k
2020: €41k
2021: €58k
2022: €61k
2023: €61k
2024: €104k
2018 → 2025
Net result
€50k▼ 2.8%
2024 · €51k
2018: €-8k
2019: €7k
2020: €8k
2021: €14k
2022: €16k
2023: €13k
2024: €51k
2018 → 2025
Working capital
€89k▲ 30.5%
2024 · €68k
2018: €22k
2019: €28k
2020: €36k
2021: €38k
2022: €39k
2023: €41k
2024: €68k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€43k▲ 9.1%€44k▲ 2.2%€70k▲ 59.9%€90k▲ 28.3%
Operating result€13k-€15k▲ 9.6%€13k▼ 15.3%€58k▲ 362%€57k▼ 0.6%
Net result€14k-€16k▲ 9.9%€13k▼ 17.1%€51k▲ 297%€50k▼ 2.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139k
Fixed assets
€1k ▼ 44.8%
Current assets
€138k ▲ 35.7%
Equity and liabilities €139k
Equity
€90k ▲ 28.3%
Debt
€49k ▲ 46.3%
Debt's share of the balance-sheet total rises from 32.5% to 35.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▼
2024 · €59k
Cash flow
€51k▼
2024 · €52k
Current ratio
2.80▼
2024 · 3.02
Debt to equity
0.55▲
2024 · 0.48
ROE
55.4%▼
2024 · 73.1%
ROA
35.8%▼
2024 · 49.4%
Interest coverage
85.02▼
2024 · 121.65
Debt ≤ 1 year
€49k▲
2024 · €34k
Income taxes
€9k▲
2024 · €8k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€104k€139k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€1k€140▼
Furniture and vehicles24€1k€140▼
Financial fixed assets28€1k€1k=
Current assets29/58€102k€138k▲
Amounts receivable after more than one year29€45k€65k▲
Other amounts receivable291€45k€65k▲
Amounts receivable within one year40/41€55k€55k▲
Trade receivables40€29k€33k▲
Other amounts receivable41€26k€22k▼
Cash at bank and in hand54/58€2k€18k▲
Equity and liabilities
Total equity and liabilities10/49€104k€139k▲
Equity10/15€70k€90k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€622€622=
Profit (loss) carried forward14€55k€75k▲
Amounts payable17/49€34k€49k▲
Amounts payable within one year42/48€34k€49k▲
Trade debts44€274€3k▲
Suppliers440/4€274€3k▲
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€8k€17k▲
Other amounts payable47/48€25k€30k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€926€926=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€305-
Other operating charges640/8€298€4k▲
Gross operating margin9900€59k€63k▲
Operating profit (loss)9901€58k€57k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€483€687▲
Recurring financial charges65€483€687▲
Profit (loss) for the period before taxes9903€59k€59k▼
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€51k€50k▼
Profit (loss) for the period to be appropriated9905€51k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€105k▲
Profit (loss) brought forward from the previous period14P€29k€55k▲
Profit to be distributed694/7€25k€30k▲
Directors or managers695€25k€30k▲
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €51k ▲297%
Operating result €58k, net result €51k, both a record.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 13 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2011
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.
Bredabaan 1362170 AntwerpenGround area
286 m²
Building footprint
253 m²
Volume, LiDAR
2,122 m³
Parcel 11422C0013/00M002, Flanders · tallest building 14.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Adam Tegels
since 20112.197.502.633
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0013/00M002 | Flanders | 286 m² | 1 · 253 m² | 14.3 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.
Similar companies · same sector, comparable size
LEVT
BE 0729.710.709
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RIVED
BE 0737.756.759
Anderlecht · Eq €89,838
LOUTSCH ET FILS
BE 0451.567.959
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ADA-Company
BE 0647.857.258
Destelbergen · Eq €89,611
Vv Projects
BE 1001.923.094
Oud-Turnhout · Eq €89,406
Of 3,962 companies in sector 43331 we hold annual accounts for 1,790. 1,562 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 (pre-2019)
Founded19-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@adamtegels.be