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ADAMS POLENDAM

Active
Public limited companyfounded 1994active for 31 yearsPolendam 13, 2340 Beerse, BelgiumKBO/BCE: BE 0453.977.024
Summary

ADAMS POLENDAM has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.5m and a net result of €718,606. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 85% of 275 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Materials recovery from waste
NACE 38210Construction of roads and motorways NACE 42110
7th largest company by equity in the province of Antwerp, Waste collection and treatment sector4 sites
Size
€29.9mturnover 2025
Staff
62.5 FTE
Equity
€16.5m
Profit
€718,606
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
OSSEHOEVE · 99.99%
Holdings
1
Accounts 8 days early0 of 21 deeds read
Why 96raises riskSector: Waste collection, recovery and disposal activities (NACE 38)lowers riskLiquidity: current ratio 2.93, cash €5.6mFounded in 1994Equity €16.5m (73.6% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 68% of its sector peers (NACE 38, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 99+3
equity 73.6% of total assets
Liquidity 75+12
short-term debt 20.0% · cash 24.7%
Profitability 68-11
return on assets 3.2%
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 0.3% (46 companies, NACE 38, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,550,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.93, compared with 2.49 in 2024; short-term debt: 20% and cash: 24.7% of total assets), and 26.4% 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 38, medium-sized): better than 91% on solvency, 91% on liquidity, 54% on profitability and 36% on growth.

The bankruptcy probability was computed on 12-10-2026 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.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.93, cash €5.6m
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Equity €16.5m (73.6% of total assets)
NBB · annual accounts
raises risk · Sector: Waste collection, recovery and disposal activities (NACE 38)
KBO
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
30 days early
2023
7 days late
2022
11 days early
2021
11 days early
2020
8 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. General meeting · Other provisionRegistered office clause · Amendment…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025from €1.7m to €718,606 ▼ 58.7% View
  • Positive: Among the best 15% on equitysector median €2.6m · 275 companies €16.5m View
  • Positive: 8 profitable years in a rowprofit 2025: €718,606 8 years View
  • Controlled by OSSEHOEVE 99.99% View
  • Flemish supportawarded from 2022 to 2025 €387,113 View

By topic

Financials

Financial year
2025
Turnover
€29.9m
Profit
€718,606
Solvency
73.6%
Turnover▼ 4.0%
Net result
20182025
Go to Financials

Timeline

Events
32
Since
1997
Next accounts
by 31-07-2027
  1. 31-12-2024Highest result from 2018 to 2025
  2. 07-08-2024Annual accounts filed
  3. 20-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
Materials recovery from wasteNACE 38210
Founded
22-12-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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