Equity
€70,583 ▲ 364%
Equity rose in 2025 from €15,195 to €70,583.
ADB - Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €76,596 (2025)
€76,596▲ 238%
peak €55,387 (2025)
€55,387▲ 443%
peak €70,583 (2025)
€70,583▲ 364%
€87,611▲ 24.1%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €22,693 to €76,596Result from €10,195 to €55,387Equity from €15,195 to €70,583Debts from €70,621 to €87,611
Key points
from the 2025 annual accountsLiquidity
1.75 was 1.06 in 2024
Short-term debts rose from €70,621 to €87,611.
Position in the sector
€55,387
Higher net result than 89% of companies in construction of buildings. Sector median €8,556 · 9,461 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ADB - Construct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ADB - Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 09-06-2023
Director, since 09-06-2023
- 50 sharesdeed of 14-06-2023
- 50 sharesdeed of 14-06-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802637188
Incorporation
Founding capital of €5,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 14-06-2023 · Gazette deed
First establishment
Schorissesteenweg 62, Ronse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADB - Construct Ronse | €158,194 | €76,596 | 44.6% | - |
| PHILIPS PROJECTS Aalst | €162,213 | €77,689 | 14.7% | - |
| Yannick De Fauw Zwalm | €146,841 | €73,114 | 70.7% | - |
| Alg. Bouwwerken Jürgen Van Wijnendaele Erpe-Mere | €157,417 | €85,464 | 3.1% | - |
| Bouwwerken Vereecken Temse | €157,238 | €80,567 | 56.2% | - |
| Bacco Projects Deinze | €154,442 | €63,363 | 85.5% | - |
| Simon De Meyer Ghent | €142,577 | €91,343 | 82.1% | - |
These companies have the same main activity as ADB - Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €143,000 and €162,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 12-06-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.346.757.6229600 Ronse, since 12-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 11-01-2025
Annual accounts 2025
- €76,596▲ 238%
- ≈ €400,000estimated
- €55,387▲ 443%
- €70,583▲ 364%
- €158,194▲ 84.3%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on ADB - Construct
The 2025 annual accounts show equity of €70,583 and a net result of €55,387. Its solvency ranks better than 52% of 9,471 sector peers (NACE 41, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadline€76,596
▲ 238%
€69,341
▲ 436%
€55,387
▲ 443%
€65,405
▲ 14×
44.6%
▲ 26.9 percentage points
1.75
▲ 0.68
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €290,000 and €660,000.
Balance sheet
balance sheet total €158,194 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
44.6%
Higher than 52% of 9,471 companies in 2025.
1.75
Higher than 51% of 9,219 companies in 2025.
35.0%
Higher than 88% of 9,291 companies in 2025.
ADB - Construct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
158,194 | 85,817 | |
21/28 |
5,178 | 10,642 | |
22/27 |
5,178 | 10,642 | |
23 |
2,012 | 5,177 | |
24 |
3,166 | 5,465 | |
29/58 |
153,016 | 75,175 | |
40/41 |
151,278 | 73,522 | |
40 |
16,324 | 69,404 | |
41 |
134,954 | 4,118 | |
54/58 |
1,575 | 1,518 | |
490/1 |
163 | 135 | |
| Balance sheet: equity and liabilities | |||
10/49 |
158,194 | 85,817 | |
10/15 |
70,583 | 15,195 | |
10/11 |
5,000 | 5,000 | |
13 |
65,583 | 10,195 | |
133 |
65,583 | 10,195 | |
17/49 |
87,611 | 70,621 | |
42/48 |
87,611 | 70,621 | |
44 |
11,852 | 39,364 | |
440/4 |
11,852 | 39,364 | |
45 |
18,073 | 5,073 | |
450/3 |
16,754 | 2,791 | |
454/9 |
1,318 | 2,282 | |
47/48 |
57,687 | 26,184 | |
| Income statement | |||
9900 |
76,596 | 22,693 | |
630 |
5,464 | 6,178 | |
640/8 |
1,792 | 3,566 | |
9901 |
69,341 | 12,948 | |
75/76B |
86 | 124 | |
75 |
86 | 124 | |
65/66B |
76 | 86 | |
65 |
76 | 86 | |
9903 |
69,351 | 12,986 | |
67/77 |
13,963 | 2,791 | |
9904 |
55,387 | 10,195 | |
9905 |
55,387 | 10,195 | |
| Appropriation of the result | |||
9906 |
55,387 | 10,195 | |
691/2 |
55,387 | 10,195 | |
6921 |
55,387 | 10,195 | |
| Document | |||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 74,805 | 19,126 | ||
| 60,851 | 16,374 | ||
| 0 | 16,820 | ||
| 57 | - | ||
| 65,405 | 4,554 | ||
| 44.6% | 17.7% | ||
| 1.75 | 1.06 | ||
| 1.24 | 4.65 | ||
| 78.5% | 67.1% | ||
| 35.0% | 11.9% | ||
| over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | - | €16,820 |
| €5,464 | €6,178 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on ADB - Construct
The operating result for 2025 is nearly 5.4 times that of 2024.
Debt's share of the balance-sheet total falls from 82.3% to 55.4%. Equity and debt are higher.
Board & ownership
Board
2 directors, since incorporationDirector
since 09-06-2023
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 31-07-2026
Director
since 09-06-2023
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 31-07-2026
Mandates through the years
2 names, the dashed line is todayDirector
Director
Board
Mandates as a list
-
- Director, from 09-06-2023 to date
-
- Director, from 09-06-2023 to date
Control
Founders
,
This company
ADB - Construct
Equity €70,583
Profit €55,387 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €706 in 2025
- Source
- deed of 14-06-2023
Articles of association
deed of 14-06-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 10:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurders in functie…”
Shareholders
At incorporation
deed of 14-06-2023 ↗
- 50 shares (50%) · €2,500
- 50 shares (50%) · €2,500
Network & group
No group
ADB - Construct has no parent and no holdings in its annual accounts.
At the same address
Schorissesteenweg 62, 9600 Ronse · 1 other company| ADB - Invest
registered office since 12-06-2023 · founded in 2023 · negative equity (2025) |
total assets €394,917 (2025) 0802.637.287 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via and · Director (not named in the articles) · deed of 14-06-2023
Founded in 2023 · total assets €394,917 (2025) · negative equity
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · on the deadline day
2025
Annual accounts 2024 filed PDFmicro format · on the deadline day
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802637188
2023
IncorporationFounding capital of €5,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 14-06-20237 points ▸
- Founder,
- Founder,
- Founding capital, €5,000, 100 shares
- Board rule, 2
- Director appointment,
- Director appointment,
- Registered office clause, Schorissesteenweg 62, 9600 Ronse
- The deed holds 2 more points.
First establishment Schorissesteenweg 62, Ronse
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.637.188
- VAT number
- BE 0802.637.188
- Peppol ID
- 0208:0802637188
- Other Peppol ID
- 9925:BE0802637188
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 12-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Second Friday of June at 10:00deed of 14-06-2023 (in Dutch)
- Peppol
- Reachable since 11-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ADB - Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 14-06-2023 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- ADB - Constructdeed of 14-06-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 14-06-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle aannemingen van alle mogelijke bouwwerken in de meest ruime zin van het woord,zoals inzake private als inzake openbare…”deed of 14-06-2023 (in Dutch)
8 activities
- Alle aannemingen van alle mogelijke bouwwerken in de meest ruime zin van het woord,zoals inzake private als inzake openbare werken,inhoudende onder meer:grondwerken,afbraakwerken,grond- en tuininrichtingswerken,ruwbouwwerken,cement- en betonwerken,dichtingswerken,bestratingwerken,rioleringswerken,elektriciteitswerken,schrijn- en timmerwerken,glaswerken,bevloerings- en betegelingswerken,pleister- en plaffoneerwerken,en in het algemeen het uitvoeren van alle ruwe werken en alle afwerkingswerken welke gebruikelijk zijn in de sector van de bouw,binnen een klassiek algemeen aannemingsbedrijf
- Alle onder-aannemingen in deze bedrijfstakken
- Het oprichten van residentiële gebouwen en van kantoorgebouwen
- Het aan- en verkopen van onroerende goederen,hetzij met de bedoeling deze te verhuren,hetzij met de bedoeling deze weder te verkopen
- De groot- en kleinhandel in alle grondstoffen,materialen,machines,onderhoudsproducten en toebehoren betrekking hebbende op de bovenvermelde aannemingen,zelfs als commissionair
- Het waarnemen van alle management- en bestuursopdrachten
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Schorissesteenweg 62 registered office 9600 Ronse | 12-06-2023 | 2.346.757.622 |
Buildings and parcels at the address
- Ground area
- 1,449 m²
- Buildings
- 443 m²
- Volume, LiDAR
- 2,345 m³
- Tallest building
- 15.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45423F0159/00W000 | 1,449 m² | 1 · 443 m² | 15.2 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0802.637.188