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ADCON

Active Public limited companyfounded 1987active for 39 yearsAlbert I laan 107, 8620 NieuwpoortKBO/BCE: BE 0431.620.207

Lifetime

18 annual accounts with figures on one time axis, 37 filings since 1989
peak €111,025 (2012)
-€5,585▲ €6,231
lowest -€112,191 (2015)
-€25,408▼ €95,467
peak €1.3m (2024)
€1.3m▼ 2.0%
€83▼ 61.9%
Board4 names since 2013
3 directors and 2 others
Documentsfilings and deeds
18-05-202673 days before the deadline
2025micro format
Gross margin from -€11,815 to -€5,585Loss of €25,408Appointments: (director) and (director) 18-06Debts from €218 to €83Investments €41,979

Key points

from the 2025 annual accounts

Result

-€25,408 -€25,408
€70,1002024-€25,4002025

From profit to loss in 2025, after a profit of €70,059 in 2024.

Investments

€41,979 4.1 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

37 annual accounts since 1989
deadline1990200020102020

The last five annual accounts were filed 0 to 73 days before the end of the period.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 8,613 companies had the same profile as ADCON has now. Each dot stands for 22 companies, two years later.

94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.2% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 8,613 companies, not a prediction for ADCON. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Director, since 04-05-2025
Director, since 04-05-2025
Board & ownership

Recent changes

Appointments: (director) and (director) General meeting of 04-05-2025 · Gazette deed
Reappointment: (director) General meeting of 28-05-2023 · Gazette deed
Amendment of the articles · Resignations & appointments Change of role: , from director to managing director · Resignations: (director) and (director) · Reappointments: , and · General meeting of 23-12-2020 · Gazette deed
Appointments: (director) and (director) General meeting of 15-05-2019 · Gazette deed
All 58 events

Official details

Source: KBO
Status
Active since 23-07-1987Normal situation
Activity
“Het verstrekken van adviezen inzake en het uitvoeren van diensten en verrichtingen in verband…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
Establishment unit
2.029.938.9928620 Nieuwpoort, since 09-09-1987
Financial year end
30 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-12-2025

€1.3m▼ 2.0%
Filing
Filed on 18-05-2026, 73 days before the end of the filing period
Financials

Insights on ADCON

ADCON files the micro format. That format states no turnover. The gross margin fell from €109,555 in 2008 to -€5,585 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 ADCON

What is the company number of ADCON?
The company number of ADCON is 0431.620.207. The VAT number is the same number with BE in front: BE 0431.620.207.
Where is ADCON based?
The registered office is at Albert I laan 107, 8620 Nieuwpoort.Company details
What is the legal form of ADCON?
ADCON is a public limited company (NV).
When was ADCON founded?
ADCON was founded on 23-07-1987.
Is ADCON still active?
Yes, ADCON is an active enterprise in the KBO register.
What is the turnover of ADCON?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ADCON profitable?
In financial year 2025, ADCON made a loss of €25,408.
Where can I find the annual accounts of ADCON?
ADCON filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADCON due?
ADCON must file the annual accounts for financial year 2026 by 30-07-2027.Timeline

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