ADCON
The computed 12-month bankruptcy probability of ADCON is 0.5% (low). The 2025 annual accounts show equity of €1.28M and a net result of €-25k. Equity remains stable across the filed fiscal years (±2.2% per year). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.28M |
| Net result | €-25k |
| Active | 39 yrs |
| Locations | 1 |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-9k |
| Net profit | €-25k |
| Cash flow | €-15k |
| Staff costs | - |
| Income taxes | €-17 |
| Dividends | - |
| Total assets | €1.28M |
| Equity | €1.28M |
| Debt | €83 |
| of which ≤ 1y | €83 |
| of which > 1y | - |
| Working capital | €929k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 11159.75 |
| Quick ratio | 11159.75 |
| Working capital ratio | 72.8% |
| Solvency | 100.0% |
| Debt / equity | 0.00 |
| Long-term debt ratio | - |
| Interest coverage | -0.39 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.0% |
| ROE | -2.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.28M |
| Fixed assets | 21/28 | €348k |
| Tangible fixed assets | 22/27 | €348k |
| Current assets | 29/58 | €929k |
| Amounts receivable within one year | 40/41 | €5k |
| Investments | 50/53 | €842k |
| Cash & bank | 54/58 | €83k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.28M |
| Equity | 10/15 | €1.28M |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €1.21M |
| Amounts payable | 17/49 | €83 |
| Amounts payable within one year | 42/48 | €83 |
| Trade debts payable within one year | 44 | €83 |
| Income statement | ||
| Gross operating margin | 9900 | €-6k |
| Operating result | 9901 | €-20k |
| Financial income | 75 | €18k |
| Financial charges | 65 | €24k |
| Result before taxes | 9903 | €-25k |
| Income taxes | 67/77 | €-17 |
| Net result for the period | 9904 | €-25k |
| Result to be appropriated | 9905 | €-25k |
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 23-07-1987 |
| Status | Active |
| Postal code | 8620 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0444/00C000 | Flanders | 1,135 m² | 1 · 489 m² | 16.5 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-06-2025 2 reappointed
- Annelies Van Cauter, Bestuurder
- Patrik Van Cauter, Bestuurder
Technical details
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"events": [
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"kind": "director_renew",
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"name": "Annelies Van Cauter",
"address": "Rue Lableau 2A te 7912 Dergneau",
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},
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"subkind": "renewal",
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"statutory": "statutair",
"compensated": false,
"effective_date": "2025-05-04",
"evidence_quote": "Mevrouw Annelies Van Cauter, Rue Lableau 2A te 7912 Dergneau, wordt benoemd als bestuurder voor een periode van zes jaren ingaand op 4 mei 2025 en eindigend bij de gewone algemene vergadering der aandeelhouders te houden in 2031. Het mandaat is onbezoldigd.",
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{
"kind": "director_renew",
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"address": "Pieter Gorusstraat 23 te 9240 Zele",
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},
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"effective_date": "2025-05-04",
"evidence_quote": "De Heer Patrik Van Cauter, Pieter Gorusstraat 23 te 9240 Zele, wordt benoemd als bestuurder voor een periode van zes jaren ingaand op 4 mei 2025 en eindigend bij de gewone algemene vergadering der aandeelhouders te houden in 2031. Het mandaat is onbezoldigd.",
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],
"notary": {
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"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-18",
"filing_date": "2025-06-10",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "jaarvergadering",
"date": "2025-05-04",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0431.620.207",
"name_full": "ADCON",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
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"person_name": "Rita De Waele",
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"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ADCON |