ADAVALUE
ActiveSummary
The computed 12-month bankruptcy probability of ADAVALUE is 1.6% (moderate). The 2025 annual accounts show negative equity (-€243,165) and a net result of -€4,045. Equity is shrinking by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 11502 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-95
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€243,165
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
54 d late
2022
56 d late
2021
30 d late
2020
61 d late
2019
96 d late
← 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 50 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€243,165▼ 1.7%
2024 · -€239,120
Total assets
€627▼ 99.2%
2024 · €75,003
Net result
-€4,045
2024 · €15,599
Working capital
-€243,665▼ 1.7%
2024 · -€239,620
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€42,965▼ 32.3%-€68,117▼ 58.5%-€8,761▲ 87.1%€18,545-€2,369
Net result-€46,591below the sector's middle half▼ 28.3%-€73,268below the sector's middle half▼ 57.3%-€12,815below the sector's middle half▲ 82.5%€15,599within the sector's middle half-€4,045within the sector's middle half
Equity-€168,636below the sector's middle half▼ 38.2%-€241,904below the sector's middle half▼ 43.4%-€254,719below the sector's middle half▼ 5.3%-€239,120below the sector's middle half▲ 6.1%-€243,165below the sector's middle half▼ 1.7%
Total assets€405,823above the sector's middle half▲ 22.4%€43,179below the sector's middle half▼ 89.4%€22,803below the sector's middle half▼ 47.2%€75,003within the sector's middle half▲ 229%€627below the sector's middle half▼ 99.2%
Debt€574,459▲ 26.7%€285,082▼ 50.4%€277,522▼ 2.7%€314,123▲ 13.2%€243,792▼ 22.4%
Working capital-€188,214below the sector's middle half▼ 26.2%-€253,578below the sector's middle half▼ 34.7%-€260,569below the sector's middle half▼ 2.8%-€239,620below the sector's middle half▲ 8.0%-€243,665below the sector's middle half▼ 1.7%
Solvency-41.6%below the sector's middle half▼ 4.7pp-560.2%below the sector's middle half▼ 518.7pp-318.8%below the sector's middle half
Current ratio0.67below the sector's middle half▲ 0.010.11below the sector's middle half▼ 0.560.06below the sector's middle half▼ 0.050.24below the sector's middle half▲ 0.18
Return on assets (ROA)-11.5%below the sector's middle half▼ 0.5pp-169.7%below the sector's middle half▼ 158.2pp-56.2%below the sector's middle half▲ 113.5pp20.8%above the sector's middle half▲ 77.0pp
Staff (FTE)1=0.8▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2,369 after €18,545 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €627
Fixed assets
€500 =
Current assets
€127 ▼ 99.8%
Key figures and ratios
Debt ≤ 1 year
€243,792▼
2024 · €314,123
Ratios withheld: a balance sheet total of €627 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €47,293 | €39,858 | -€6 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,893 | €8,824 | €5,824 | €3,424 | - | - |
| Other operating charges640/8 | €2,902 | €4,454 | €918 | €742 | €677 | ▼ 8.7% |
| Gross operating margin9900 | €21,122 | -€14,981 | -€2,024 | €22,710 | -€1,692 | ▼ 107% |
| Operating profit (loss)9901 | -€42,965 | -€68,117 | -€8,761 | €18,545 | -€2,369 | ▼ 113% |
| Financial income75/76B | - | - | €3 | €0 | €813 | ▲ 4,067,050% |
| Recurring financial income75 | - | - | €3 | €0 | €813 | ▲ 4,067,050% |
| Financial charges65/66B | €3,563 | €5,002 | €3,894 | €2,946 | €2,489 | ▼ 15.5% |
| Recurring financial charges65 | €3,563 | €5,002 | €3,894 | €2,946 | €2,489 | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | -€46,528 | -€73,119 | -€12,651 | €15,599 | -€4,045 | ▼ 126% |
| Income taxes67/77 | €62 | €149 | €164 | - | - | - |
| Profit (loss) for the period9904 | -€46,591 | -€73,268 | -€12,815 | €15,599 | -€4,045 | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | -€46,591 | -€73,268 | -€12,815 | €15,599 | -€4,045 | ▼ 126% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €405,823 | €43,179 | €22,803 | €75,003 | €627 | ▼ 99.2% |
| Fixed assets21/28 | €20,498 | €11,674 | €5,850 | €500 | €500 | = |
| Intangible fixed assets21 | €19,998 | €11,174 | €5,350 | - | - | - |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €385,325 | €31,504 | €16,953 | €74,503 | €127 | ▼ 99.8% |
| Stocks and contracts in progress3 | €2,801 | €1,986 | €1,962 | €1,980 | - | - |
| Stocks30/36 | €2,801 | €1,986 | €1,962 | €1,980 | - | - |
| Amounts receivable within one year40/41 | €382,271 | €29,514 | €14,288 | €72,523 | €122 | ▼ 99.8% |
| Trade receivables40 | €382,271 | €29,514 | €14,288 | €72,523 | - | - |
| Other amounts receivable41 | - | - | - | - | €122 | - |
| Cash at bank and in hand54/58 | - | - | €703 | - | €5 | - |
| Deferred charges and accrued income490/1 | €252 | €5 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €405,823 | €43,179 | €22,803 | €75,003 | €627 | ▼ 99.2% |
| Equity10/15 | -€168,636 | -€241,904 | -€254,719 | -€239,120 | -€243,165 | ▼ 1.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €58 | €58 | €58 | €58 | €58 | = |
| Non-distributable reserves130/1 | €58 | €58 | €58 | €58 | €58 | = |
| Reserves not available under the articles1311 | €58 | €58 | €58 | €58 | €58 | = |
| Profit (loss) carried forward14 | -€187,294 | -€260,562 | -€273,377 | -€257,778 | -€261,823 | ▼ 1.6% |
| Amounts payable17/49 | €574,459 | €285,082 | €277,522 | €314,123 | €243,792 | ▼ 22.4% |
| Amounts payable after more than one year17 | €920 | - | - | - | - | - |
| Financial debts170/4 | €920 | - | - | - | - | - |
| Amounts payable within one year42/48 | €573,538 | €285,082 | €277,522 | €314,123 | €243,792 | ▼ 22.4% |
| Current portion of amounts payable after more than one year42 | €5,522 | €920 | - | - | - | - |
| Financial debts43 | €14,913 | €14,776 | €14,757 | €13,825 | €14,951 | ▲ 8.1% |
| Credit institutions430/8 | €14,913 | €14,776 | €14,757 | - | €14,951 | - |
| Other loans439 | - | - | - | €13,825 | - | - |
| Trade debts44 | €92,105 | €45,530 | €25,097 | €18,027 | €9,776 | ▼ 45.8% |
| Suppliers440/4 | €92,105 | €45,530 | €25,097 | €18,027 | €9,776 | ▼ 45.8% |
| Advances received on contracts in progress46 | €272,856 | - | €2,576 | €58,829 | - | - |
| Taxes, remuneration and social security45 | €28,184 | €10,427 | €5,820 | €6,110 | €96 | ▼ 98.4% |
| Taxes450/3 | €22,556 | €10,427 | €5,820 | €6,110 | €96 | ▼ 98.4% |
| Remuneration and social security454/9 | €5,628 | - | - | - | - | - |
| Other amounts payable47/48 | €159,958 | €213,428 | €229,273 | €217,332 | €218,968 | ▲ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€46,591 | -€73,268 | -€12,815 | €15,599 | -€4,045 | ▼ 126% |
| + Depreciation and write-downs630 | €13,893 | €8,824 | €5,824 | €3,424 | - | - |
| Operating cash flow (approximation) | -€32,698 | -€64,444 | -€6,991 | €19,023 | -€4,045 | ▼ 121% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €1,926 | €0 | ▼ 100% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €15,599
Net result €15,599 after 6 loss-making years.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Weakest financial yearnet -€73,268
Net result drops to -€73,268, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Awans · 1 establishment unit since 2009
Ground area
1,085 m²
Building footprint
97 m²
Volume, LiDAR
840 m³
Parcel 62077B0319/00P000, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Adavalue
since 20092.176.824.015
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62077B0319/00P000 | Wallonia | 1,085 m² | 1 · 97 m² | 10.8 m · 3 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.
Similar companies · same sector and region
ATHAE
BE 0806.435.135
Trooz
BAYARD
BE 0440.894.692
Aywaille
D. Mohimont Horses
BE 0733.849.738
Wanze
FAYE SPORTHORSES
BE 0597.834.655
Héron
GREGORY WATHELET TRADING
BE 0787.238.736
Clavier
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 173 companies in sector 46232 we hold annual accounts for 88. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46232Wholesale trade
01480Raising of other animals
18120Other printing
18130Pre-press and pre-media services
47761Retail sale of flowers, plants, seeds and fertilisers
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0809818455
Registered
31-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.