Equity
-€255,141
Debts exceed assets in financial year 2025.
ADCO
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1998peak €85,022 (2008)
€58,572▼ 19.3%
lowest -€169,539 (2013)
€48,176▼ 30.7%
peak -€255,141 (2025)
-€255,141▲ €48,176
€382,929▲ 16.2%
peak 1.5 FTE (2006)
-not published
Board2 names since 2021
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €72,592 to €58,572Result from €69,566 to €48,176Equity from -€303,317 to -€255,141Debts from €329,617 to €382,929Investments €104,440Cash from €469 to €3,218
Key points
from the 2025 annual accountsProfit
11 years
11 profitable years in a row. Profit 2025: €48,176.
Debts
€382,929 300% of the balance sheet
Financial debts 95%Suppliers 1%Taxes and wages 1%Other 3%
Of this, €20,202 falls due within a year.
Investments
€104,440 14.5 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 547.4% higher than in 2024.
Filings
28 annual accounts since 1998
The last five annual accounts were filed 24 to 32 days before the end of the period.
Position in the sector
-199.7%
Lower solvency than 95% of companies in office administrative support. Sector median 50.2% · 10,261 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as ADCO has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,795 companies, not a prediction for ADCO. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461230545
1 director appointed, 1 resignation
Change of role: , from statutory director to director · Resignation: · Appointment: (director) · General meeting of 18-12-2023 · Gazette deed
Registered office moved within Brakel
New registered office: Ekeveldstraat 7 te 9660 Brakel · Previous registered office: Stationsplein 1 te 9660 Brakel · General meeting of 12-01-2023 · Gazette deed
First establishment
Ekeveldstraat 7, Brakel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADCO Brakel | €127,788 | €58,572 | -199.7% | - |
| Print For You Ghent | €166,021 | €61,690 | 11.8% | - |
| CALLIN WEST Tournai | €134,387 | €64,319 | 53.3% | - |
| B&BACHIR Molenbeek-Saint-Jean | €144,896 | €61,432 | -89.4% | - |
| MAILLET CONSULTING Gesves | €156,155 | €57,489 | 95.6% | - |
| ALPHA - FISC Maaseik | €102,784 | €55,069 | 80.7% | - |
| V.D.A.DEPANNAGE Tubize | €158,087 | €59,934 | 98.0% | - |
These companies have the same main activity as ADCO: office administrative and support services (NACE 82100). They are comparable in size and age: total assets between €103,000 and €166,000, founded between 1996 and 2000.
Official details
Source: KBO- Status
- Active since 22-08-1997Normal situation
- Activity
- Office administrative and support servicesNACE 82100and 2 others
- Establishment unit
- 2.083.334.3269660 Brakel, since 11-09-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 25-05-2025
Annual accounts 2025
- ≈ €120,000estimated
- €127,788▲ 386%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on ADCO
ADCO files the micro format. That format states no turnover. The gross margin fell from €83,287 in 2006 to €58,572 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
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 ADCO
- What is the company number of ADCO?
- The company number of ADCO is 0461.230.545. The VAT number is the same number with BE in front: BE 0461.230.545.
- Where is ADCO based?
- The registered office is at Ekeveldstraat 7, 9660 Brakel.Company details
- What does ADCO do?
- According to the KBO register, the main activity is office administrative and support services (NACE 82100).
- What is the legal form of ADCO?
- ADCO is a private limited company (BV).
- When was ADCO founded?
- ADCO was founded on 22-08-1997.
- Is ADCO still active?
- Yes, ADCO is an active enterprise in the KBO register.
- What is the turnover of ADCO?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €58,572 and 38 comparable companies (NACE 82). It probably lies between €95,000 and €170,000.Financials
- Is ADCO profitable?
- In financial year 2025, ADCO made a profit of €48,176.
- Where can I find the annual accounts of ADCO?
- ADCO filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADCO due?
- ADCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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