ADCT
BankruptcySummary
The KBO register records for ADCT the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-50k) and a net result of €-107k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
110 d late
2019
136 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, abbreviated schema
Equity
€-50k
2020 · €57k
2018: €27k
2019: €40k▲ +50.3% vs 2018
2020: €57k▲ +42.8% vs 2019highest in 4 years
2021: €-50k▼ -188% vs 2020lowest in 4 years
2018 → 2021
Total assets
€96k▼ 75.8%
2020 · €395k
2018: €199k
2019: €263k▲ +32.3% vs 2018
2020: €395k▲ +50.3% vs 2019highest in 4 years
2021: €96k▼ -75.8% vs 2020lowest in 4 years
2018 → 2021
Net result
€-107k
2020 · €17k
2018: €-10k
2019: €15k▲ +253% vs 2018
2020: €17k▲ +14.1% vs 2019highest in 4 years
2021: €-107k▼ -726% vs 2020lowest in 4 years
2018 → 2021
Working capital
€-72k
2020 · €34k
2018: €-786
2019: €15k▲ +2056% vs 2018
2020: €34k▲ +123% vs 2019highest in 4 years
2021: €-72k▼ -309% vs 2020lowest in 4 years
2018 → 2021
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€27k-€40k▲ 50.3%€57k▲ 42.8%€-50k
2018: €27k
2019: €40k▲ +50.3% vs 2018
2020: €57k▲ +42.8% vs 2019highest in 4 years
2021: €-50k▼ -188% vs 2020lowest in 4 years
Operating result€-8k-€23k€25k▲ 9.4%€-66k
2018: €-8k
2019: €23k▲ +378% vs 2018
2020: €25k▲ +9.4% vs 2019highest in 4 years
2021: €-66k▼ -361% vs 2020lowest in 4 years
Net result€-10k-€15k€17k▲ 14.1%€-107k
2018: €-10k
2019: €15k▲ +253% vs 2018
2020: €17k▲ +14.1% vs 2019highest in 4 years
2021: €-107k▼ -726% vs 2020lowest in 4 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €66k after €25k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €96k
Fixed assets
€22k ▼ 5.9%
Current assets
€74k ▼ 80.1%
Key figures and ratios
EBITDA
€-65k▼
2020 · €30k
Cash flow
€-106k▼
2020 · €22k
Solvency
-52.4%▼
2020 · 14.5%
Current ratio
0.51▼
2020 · 1.10
Debt to equity
-2.91
ROA
-112.2%▼
2020 · 4.3%
Interest coverage
-10.50
Debt
€146k▼
2020 · €338k
Debt ≤ 1 year
€146k▼
2020 · €338k
Income taxes
€35k▲
2020 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 43 lines
Balance sheet
Code20202021
Assets
Total assets20/58€395k€96k▼
Fixed assets21/28€23k€22k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23-€883
Furniture and vehicles24-€2k
Financial fixed assets28€19k€19k=
Current assets29/58€372k€74k▼
Amounts receivable after more than one year29-€52k
Trade receivables290-€52k
Amounts receivable within one year40/41€309k€19k▼
Other amounts receivable41-€19k
Cash at bank and in hand54/58€543€1k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€395k€96k▼
Equity10/15€57k€-50k▼
Contributions10/11-€18k
Reserves13€16k€16k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€14k
Profit (loss) carried forward14€23k€-84k▼
Amounts payable17/49€338k€146k▼
Amounts payable within one year42/48€338k€146k▼
Trade debts44€41k€62k▲
Suppliers440/4-€62k
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45-€43k
Taxes450/3-€43k
Other amounts payable47/48-€38k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€1k▼
Other operating charges640/8-€36k
Gross operating margin9900€35k€-29k▼
Operating profit (loss)9901€25k€-66k▼
Financial income75/76B-€281
Recurring financial income75-€281
Financial charges65/66B-€6k
Recurring financial charges65€907€6k▲
Profit (loss) for the period before taxes9903€24k€-72k▼
Income taxes67/77€7k€35k▲
Profit (loss) for the period9904€17k€-107k▼
Profit (loss) for the period to be appropriated9905€17k€-107k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-84k
Profit (loss) brought forward from the previous period14P-€23k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €5k | €1k | ▼ 72.7% |
| Other operating charges640/8 | - | - | - | €36k | - |
| Gross operating margin9900 | €-774 | €31k | €35k | €-29k | ▼ 183% |
| Operating profit (loss)9901 | €-8k | €23k | €25k | €-66k | ▼ 361% |
| Financial income75/76B | - | - | - | €281 | - |
| Recurring financial income75 | - | - | - | €281 | - |
| Financial charges65/66B | - | - | - | €6k | - |
| Recurring financial charges65 | €1k | €2k | €907 | €6k | ▲ 581% |
| Profit (loss) for the period before taxes9903 | €-9k | €22k | €24k | €-72k | ▼ 395% |
| Income taxes67/77 | €353 | €7k | €7k | €35k | ▲ 386% |
| Profit (loss) for the period9904 | €-10k | €15k | €17k | €-107k | ▼ 726% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €15k | €17k | €-107k | ▼ 726% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €199k | €263k | €395k | €96k | ▼ 75.8% |
| Fixed assets21/28 | €27k | €26k | €23k | €22k | ▼ 5.9% |
| Tangible fixed assets22/27 | €9k | €8k | €4k | €3k | ▼ 32.6% |
| Plant, machinery and equipment23 | - | - | - | €883 | - |
| Furniture and vehicles24 | - | - | - | €2k | - |
| Financial fixed assets28 | €18k | €18k | €19k | €19k | = |
| Current assets29/58 | €171k | €237k | €372k | €74k | ▼ 80.1% |
| Amounts receivable after more than one year29 | - | - | - | €52k | - |
| Trade receivables290 | - | - | - | €52k | - |
| Amounts receivable within one year40/41 | €113k | €176k | €309k | €19k | ▼ 93.8% |
| Other amounts receivable41 | - | - | - | €19k | - |
| Cash at bank and in hand54/58 | - | - | €543 | €1k | ▲ 164% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €199k | €263k | €395k | €96k | ▼ 75.8% |
| Equity10/15 | €27k | €40k | €57k | €-50k | ▼ 188% |
| Contributions10/11 | €18k | €18k | - | €18k | - |
| Reserves13 | €16k | €16k | €16k | €16k | = |
| Non-distributable reserves130/1 | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | €2k | - |
| Distributable reserves133 | - | - | - | €14k | - |
| Profit (loss) carried forward14 | €-8k | €6k | €23k | €-84k | ▼ 467% |
| Amounts payable17/49 | €172k | €223k | €338k | €146k | ▼ 56.9% |
| Amounts payable within one year42/48 | €172k | €222k | €338k | €146k | ▼ 56.9% |
| Trade debts44 | €7k | €30k | €41k | €62k | ▲ 51.9% |
| Suppliers440/4 | - | - | - | €62k | - |
| Advances received on contracts in progress46 | - | - | - | €3k | - |
| Taxes, remuneration and social security45 | - | - | - | €43k | - |
| Taxes450/3 | - | - | - | €43k | - |
| Other amounts payable47/48 | - | - | - | €38k | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €15k | €17k | €-107k | ▼ 726% |
| + Depreciation and write-downs630 | €5k | €6k | €5k | €1k | ▼ 72.7% |
| Operating cash flow (approximation) | €-5k | €21k | €22k | €-106k | ▼ 580% |
| Investment in fixed assets (approximation) | - | €-4k | €-2k | €0 | ▲ 100% |
| Change in cash | - | - | - | €888 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-107k
Net result drops to €-107k, the lowest in the series.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 110 days late
2020
31-12
Financial
Highest result since 2018net €17k ▲14.1%
Operating result €25k, net result €17k, both a record.
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 136 days late
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 502 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 98 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 190 days late
06-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 555 days late
2016
15-03
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 228 days late
2015
02-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 214 days late
2014
06-03
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 218 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2011
Ground area
1,375 m²
Building footprint
1,372 m²
Volume, LiDAR
14,593 m³
Parcel 23644H0058/00L000, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ADCT
since 20112.205.871.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0058/00L000 | Flanders | 1,375 m² | 1 · 1,372 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,411 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.