ADANK Simon
ActiveSummary
The computed 12-month bankruptcy probability of ADANK Simon is 5.2% (elevated). The 2025 annual accounts show equity of €15k and a net result of €237. Equity is shrinking by ~19.9% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+18
Solvency71▲+12
Growth32=
Track record94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.37 against 0.07 in 2024; short-term debt: 53.6% and cash: 10.7% of total assets), and 53.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 03-08-2026, 3 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 · 3 filingsDeviation from the deadline
2025
3 d late
2024
63 d late
2023
428 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▲ 1.6%
2024 · €15k
2023: €21khighest in 3 years
2024: €15k▼ -29.6% vs 2023lowest in 3 years
2025: €15k▲ +1.6% vs 2024
2023 → 2025
Total assets
€33k▼ 26.0%
2024 · €45k
2023: €65khighest in 3 years
2024: €45k▼ -30.9% vs 2023
2025: €33k▼ -26.0% vs 2024lowest in 3 years
2023 → 2025
Net result
€237
2024 · €-6k
2023: €19khighest in 3 years
2024: €-6k▼ -132% vs 2023lowest in 3 years
2025: €237▲ +104% vs 2024
2023 → 2025
Working capital
€-11k▲ 59.1%
2024 · €-27k
2023: €-38klowest in 3 years
2024: €-27k▲ +27.6% vs 2023
2025: €-11k▲ +59.1% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€21k-€15k▼ 29.6%€15k▲ 1.6%
2023: €21khighest in 3 years
2024: €15k▼ -29.6% vs 2023lowest in 3 years
2025: €15k▲ +1.6% vs 2024
Operating result€25k-€-5k€3k
2023: €25khighest in 3 years
2024: €-5k▼ -120% vs 2023lowest in 3 years
2025: €3k▲ +164% vs 2024
Net result€19k-€-6k€237
2023: €19khighest in 3 years
2024: €-6k▼ -132% vs 2023lowest in 3 years
2025: €237▲ +104% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€27k ▼ 37.6%
Current assets
€6k ▲ 206%
Equity and liabilities €33k
Equity
€15k ▲ 1.6%
Debt
€18k ▼ 40.0%
Debt's share of the balance-sheet total falls from 66.2% to 53.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▲
2024 · €12k
Cash flow
€17k▲
2024 · €11k
Current ratio
0.37▲
2024 · 0.07
Debt to equity
1.16▼
2024 · 1.96
ROE
1.6%▲
2024 · -40.3%
ROA
0.7%▲
2024 · -13.6%
Interest coverage
110.05▲
2024 · 75.89
Debt ≤ 1 year
€18k▼
2024 · €30k
Income taxes
€3k▲
2024 · €866
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45k€33k▼
Fixed assets21/28€42k€27k▼
Intangible fixed assets21€33k€23k▼
Tangible fixed assets22/27€9k€3k▼
Furniture and vehicles24€9k€3k▼
Current assets29/58€2k€6k▲
Amounts receivable within one year40/41-€3k
Trade receivables40-€3k
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€275€264▼
Equity and liabilities
Total equity and liabilities10/49€45k€33k▼
Equity10/15€15k€15k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€13k€13k▲
Amounts payable17/49€30k€18k▼
Amounts payable within one year42/48€30k€18k▼
Trade debts44€901€3k▲
Suppliers440/4€901€3k▲
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9-€100
Other amounts payable47/48€20k€11k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€673€758▲
Gross operating margin9900€12k€21k▲
Operating profit (loss)9901€-5k€3k▲
Financial charges65/66B€155€184▲
Recurring financial charges65€155€184▲
Profit (loss) for the period before taxes9903€-5k€3k▲
Income taxes67/77€866€3k▲
Profit (loss) for the period9904€-6k€237▲
Profit (loss) for the period to be appropriated9905€-6k€237▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€13k▲
Profit (loss) brought forward from the previous period14P€19k€13k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €17k | €17k | ▲ 1.0% |
| Other operating charges640/8 | €656 | €673 | €758 | ▲ 12.7% |
| Gross operating margin9900 | €37k | €12k | €21k | ▲ 69.0% |
| Operating profit (loss)9901 | €25k | €-5k | €3k | ▲ 164% |
| Financial income75/76B | €3 | - | - | - |
| Recurring financial income75 | €3 | - | - | - |
| Financial charges65/66B | €223 | €155 | €184 | ▲ 18.8% |
| Recurring financial charges65 | €223 | €155 | €184 | ▲ 18.8% |
| Profit (loss) for the period before taxes9903 | €25k | €-5k | €3k | ▲ 159% |
| Income taxes67/77 | €6k | €866 | €3k | ▲ 227% |
| Profit (loss) for the period9904 | €19k | €-6k | €237 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €19k | €-6k | €237 | ▲ 104% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €65k | €45k | €33k | ▼ 26.0% |
| Fixed assets21/28 | €59k | €42k | €27k | ▼ 37.6% |
| Intangible fixed assets21 | €43k | €33k | €23k | ▼ 30.1% |
| Tangible fixed assets22/27 | €16k | €9k | €3k | ▼ 64.7% |
| Furniture and vehicles24 | €16k | €9k | €3k | ▼ 64.7% |
| Current assets29/58 | €5k | €2k | €6k | ▲ 206% |
| Amounts receivable within one year40/41 | - | - | €3k | - |
| Trade receivables40 | - | - | €3k | - |
| Cash at bank and in hand54/58 | €5k | €2k | €4k | ▲ 91.4% |
| Deferred charges and accrued income490/1 | €194 | €275 | €264 | ▼ 4.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €65k | €45k | €33k | ▼ 26.0% |
| Equity10/15 | €21k | €15k | €15k | ▲ 1.6% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €19k | €13k | €13k | ▲ 1.9% |
| Amounts payable17/49 | €43k | €30k | €18k | ▼ 40.0% |
| Amounts payable within one year42/48 | €43k | €30k | €18k | ▼ 40.0% |
| Trade debts44 | €20 | €901 | €3k | ▲ 280% |
| Suppliers440/4 | €20 | €901 | €3k | ▲ 280% |
| Taxes, remuneration and social security45 | €10k | €8k | €3k | ▼ 64.7% |
| Taxes450/3 | €10k | €8k | €3k | ▼ 65.9% |
| Remuneration and social security454/9 | - | - | €100 | - |
| Other amounts payable47/48 | €34k | €20k | €11k | ▼ 44.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €-6k | €237 | ▲ 104% |
| + Depreciation and write-downs630 | €11k | €17k | €17k | ▲ 1.0% |
| Operating cash flow (approximation) | €30k | €11k | €17k | ▲ 60.5% |
| Investment in fixed assets (approximation) | - | €0 | €-999 | - |
| Change in cash | - | €-3k | €2k | ▲ 152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Back to profitnet €237
Net result €237 after one loss-making year.
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 428 days late
2024
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2023
Ground area
207 m²
Building footprint
113 m²
Volume, LiDAR
1,200 m³
Parcel 21018B0247/00R000, Brussels · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
ADANK Simon
since 20232.344.577.102
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0247/00R000 | Brussels | 207 m² | 1 · 113 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-04-2023
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.