Turnover
≈ €230,000 estimated
The accounts state no turnover.
ADC CONCEPT +
Lifetime
4 annual accounts with figures on one time axispeak €64,030 (2025)
€64,030▲ 19.5%
lowest -€824 (2025)
-€824▼ €1,196
peak €56,190 (2024)
€55,366▼ 1.5%
€40,862▼ 47.3%
peak 1 FTE (2025)
1 FTE▲ 25.0%
Board1 name since 2021
1 directorCARUSO Django
Owners
100%Django CARUSO
Documentsfilings and deeds
25-07-20266 days before the deadline
2025abbreviated format
Gross margin from €53,573 to €64,030Loss of €824Staff from 0.8 FTE to 1 FTEDebts from €77,579 to €40,862
Key points
from the 2025 annual accountsFilings
4 annual accounts 2 late
The 2022 accounts came latest: 30 days after the end of the period.
Position in the sector
-€824
Lower net result than 80% of companies in specialised construction. Sector median €26,646 · 9,965 companies.
Checked score
64
Healthy
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%
01-2025: 2.2%● unchanged vs 12-2024
02-2025: 2.2%● unchanged vs 01-2025
03-2025: 2.4%▲ +0.2 percentage points vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.5%▲ +0.1 percentage points vs 05-2025
07-2025: 2.6%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 2.4%▼ -0.2 percentage points vs 07-2025
09-2025: 1.9%▼ -0.5 percentage points vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.8%▼ -0.1 percentage points vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.9%▲ +0.1 percentage points vs 03-2026
05-2026: 2.1%▲ +0.2 percentage points vs 04-2026
06-2026: 2.3%▲ +0.2 percentage points vs 05-2026
07-2026: 2.5%▲ +0.2 percentage points vs 06-2026
08-2026: 1.3%▼ -1.2 percentage points vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026lowest value
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Size: 1 FTE, total assets €96,228
lowers risk
Figures for financial year 2025 (filed on 25-07-2026)
Equity €55,366 (57.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 63% of them on solvency, 36% on liquidity, 20% on profitability and 32% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,145 companies had the same profile as ADC CONCEPT + has now. Each dot stands for 6 companies, two years later.
91.7%
were still trading
5.9%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADC CONCEPT + itself: 1.3% within 12 months.
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 2,145 companies, not a prediction for ADC CONCEPT +. 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
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.63 (1.82 in 2024), above the usual 1.5. Short-term debt is 29.5% and cash 5.9% of total assets. 42.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 25-07-2026, 6 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
6 days early
2024
on the day
2023
30 days late
2022
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 14 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 15 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779325615
Security firm approval (camera systems) granted
Decision of 02-05-2022, published on 12-07-2024
Security firm approval (alarm systems) granted
Decision of 02-05-2022, published on 29-07-2022
Incorporation
Founding capital of €15,000, 300 shares · Founder: CARUSO Django · Appointment: CARUSO Django (director) · published on 27-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADC CONCEPT + Waremme | €96,228 | €64,030 | 57.5% | 1 |
| SKB HERMANS Genk | €91,293 | €82,079 | 56.4% | 1.3 |
| Mocatur Service Bornem | €114,372 | €74,702 | 20.5% | 1.2 |
| CW SOLAR Evergem | €151,945 | €52,725 | 35.4% | 1 |
| MBA Electro Automatisatie Houthalen-Helchteren | €98,293 | €100,872 | 70.9% | 2 |
| Lucius Projects Antwerp | €85,774 | €89,697 | -67.7% | 0.9 |
| DTS PARTNER Ans | €132,493 | €135,746 | 68.3% | 1.8 |
These companies have the same main activity as ADC CONCEPT +: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €85,800 and €152,000, founded between 2018 and 2023.
Official details
Source: KBO- Status
- Active since 23-12-2021Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.325.490.9654300 Waremme, since 23-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Annual accounts 2025
- €96,228▼ 28.1%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 25-07-2026, 6 days before the end of the filing period
Insights on ADC CONCEPT +
ADC CONCEPT + files the abbreviated format. That format states no turnover. The gross margin rose from €46,964 in 2022 to €64,030 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADC CONCEPT +
- What is the company number of ADC CONCEPT +?
- The company number of ADC CONCEPT + is 0779.325.615. The VAT number is the same number with BE in front: BE 0779.325.615.
- Where is ADC CONCEPT + based?
- The registered office is at Clos des Wérixhas 3, 4300 Waremme.Company details
- What does ADC CONCEPT + do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of ADC CONCEPT +?
- ADC CONCEPT + is a private limited company (BV).
- When was ADC CONCEPT + founded?
- ADC CONCEPT + was founded on 23-12-2021.
- Is ADC CONCEPT + still active?
- Yes, ADC CONCEPT + is an active enterprise in the KBO register.
- How many employees does ADC CONCEPT + have?
- ADC CONCEPT + had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ADC CONCEPT + fall under?
- In its 2025 annual accounts, ADC CONCEPT + states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of ADC CONCEPT +?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €64,030 and 52 comparable companies (NACE 43211). It probably lies between €150,000 and €350,000. In financial year 2023 turnover was €329,166.
- Is ADC CONCEPT + profitable?
- In financial year 2025, ADC CONCEPT + made a loss of €824.
- Where can I find the annual accounts of ADC CONCEPT +?
- ADC CONCEPT + filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADC CONCEPT + due?
- ADC CONCEPT + must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.