ADC Engineering
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 27-01-2026 at the NBB
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Investments
| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €1,400 |
| Financial fixed assets | €2,700 |
| Depreciation and write-downs of the year | €376 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €376 |
| Gross operating margin9900 | -€6,512 |
| Operating profit (loss)9901 | -€6,889 |
| Profit (loss) for the period before taxes9903 | -€6,889 |
| Income taxes67/77 | €33 |
| Profit (loss) for the period9904 | -€6,922 |
| Profit (loss) for the period to be appropriated9905 | -€6,922 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €9,237 | |
| Formation expenses20 | €810 | |
| Fixed assets21/28 | €4,087 | |
| Tangible fixed assets22/27 | €1,387 | |
| Land and buildings22 | €1,387 | |
| Financial fixed assets28 | €2,700 | |
| Current assets29/58 | €4,340 | |
| Current investments50/53 | €4,123 | |
| Deferred charges and accrued income490/1 | €218 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €9,237 | |
| Equity10/15 | -€2,922 | |
| Contributions10/11 | €4,000 | |
| Profit (loss) carried forward14 | -€6,922 | |
| Amounts payable17/49 | €12,159 | |
| Amounts payable within one year42/48 | €12,159 | |
| Trade debts44 | €1,181 | |
| Suppliers440/4 | €1,181 | |
| Taxes, remuneration and social security45 | €10,706 | |
| Taxes450/3 | €4,458 | |
| Remuneration and social security454/9 | €6,248 | |
| Other amounts payable47/48 | €272 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€6,922 |
| + Depreciation and write-downs630 | €376 |
| Operating cash flow (approximation) | -€6,545 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,322 companies had the same profile as ADC Engineering has now. Two years later, 4.2% had gone bankrupt and 90.2% were still going.
- Micro
- under 2 years old
- negative equity
- a loss of 10% of the balance sheet or more
The bankruptcy probability of ADC Engineering itself is lower: 0.7% within 12 months. It rests on far more data about ADC Engineering than the profile alone.
Test of the method
The method was tested on the 497,446 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 1,322 companies, not a prediction for ADC Engineering. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 27-01-2026 | 2026-00014768 |