Adaptive
The computed 12-month bankruptcy probability of Adaptive is 0.6% (low). The 2024 annual accounts show equity of €316k and a net result of €-252k. Equity is shrinking by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 556 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €316k |
| Net result | €-252k |
| Staff (FTE) | 5 |
| Better than sector | 55% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.2% | 34.7% | |
| Net result | €-252k | €15k | |
| Equity | €316k | €74k | |
| Gross operating margin | €476k | €81k | |
| Staff costs | €571k | €298k |
| Fiscal year | 2024 |
|---|---|
| Revenue | €1.07M |
| EBITDA | €-95k |
| Net profit | €-252k |
| Cash flow | €-108k |
| Staff costs | €571k |
| Income taxes | €297 |
| Dividends | - |
| Total assets | €787k |
| Equity | €316k |
| Debt | €471k |
| of which ≤ 1y | €326k |
| of which > 1y | - |
| Working capital | €-225k |
| Employees (FTE) | 5.0 |
| 2024 | |
|---|---|
| Current ratio | 0.31 |
| Quick ratio | 0.31 |
| Working capital ratio | -28.5% |
| Solvency | 40.2% |
| Debt / equity | 1.49 |
| Long-term debt ratio | - |
| Interest coverage | -7.58 |
| Gross margin | 27.3% |
| Net margin | -23.4% |
| ROA | -32.0% |
| ROE | -79.5% |
| EBITDA margin | -8.9% |
| Days sales outstanding | 30d |
| Days payable outstanding | 28d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €787k |
| Fixed assets | 21/28 | €686k |
| Intangible fixed assets | 21 | €674k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €101k |
| Amounts receivable within one year | 40/41 | €89k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €787k |
| Equity | 10/15 | €316k |
| Contributions / capital | 10/11 | €850k |
| Accumulated profits (losses) | 14 | €-534k |
| Amounts payable | 17/49 | €471k |
| Amounts payable within one year | 42/48 | €326k |
| Trade debts payable within one year | 44 | €59k |
| Income statement | ||
| Turnover | 70 | €1.07M |
| Gross operating margin | 9900 | €476k |
| Operating result | 9901 | €-239k |
| Financial income | 75 | €228 |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-251k |
| Income taxes | 67/77 | €297 |
| Net result for the period | 9904 | €-252k |
| Result to be appropriated | 9905 | €-252k |
-
Current10-11-2022 → present
2 events
- 10-11-2022 Resigned· Director
- 10-11-2022 Appointed· Managing director
-
Current10-11-2022 → present
-
Current10-11-2022 → present
2 events
- 10-11-2022 Resigned· Director
- 10-11-2022 Appointed· Director
-
Current10-11-2022 → present
2 events
- 10-11-2022 Resigned· Director
- 10-11-2022 Appointed· Director
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| VYVEY & C°, BEDRIJFSREVISORENCurrent Statutory auditor · represented by Steven Vyvey |
- | 02-02-2026 → present |
| NACE primary | Computer programming & consultancy(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 07-04-2021 |
| Status | Active |
| Postal code | 2300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0143/00K000 | Flanders | 4.3 ha | 1 · 2.1 ha | 18.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
02-02-2026 Steven Vyvey reappointed as statutory auditor
- Steven Vyvey, Commissaris
Technical details
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}10-11-2022 4 directors appointed, 3 resigning
- Jonelinvest, Bestuurder
- Soudal, Bestuurder
- Hageman Rudolf Adolf Maria, Bestuurder
- Hageman Rudolf, Gedelegeerd bestuurder
- Jonelinvest, Bestuurder
- Soudal, Bestuurder
- Hageman Rudolf, Bestuurder
Technical details
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}09-04-2021 Incorporation of a new NV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Adaptive |