ADDA PROJECTS
ActiveSummary
The computed 12-month bankruptcy probability of ADDA PROJECTS is 2.4% (moderate). The 2025 annual accounts show equity of €14,437 and a net result of -€1,020. Equity has been growing by about 28% per year since 2020. Its solvency ranks better than 75% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-10-2019 Normal situation
- Activity
- Other building finishing work NACE 43350and 6 others
- Establishment unit
- 2.295.464.220 1325 Chaumont-Gistoux, since 22-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.4%
- Turnover
- €16,907
- Loss
- €1,020
- Equity
- €14,437
- Total assets
- €20,627
Score breakdownraises risk2 of the last 3 accounts lateFounded in 20191 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 23-07-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 76% of them on solvency, 36% on liquidity and 15% on profitability.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 80 days after the deadline. In the sector (NACE 43), the median for financial year 2023 was 1 day before the deadline, and 44% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a loss of €755, against a loss of €6,439 in 2023. Comparable figures for the intervening years are unavailable.
Investments
| Item | 2021 | 2022 | 2023 | 2025 |
|---|---|---|---|---|
| Financial fixed assets | - | - | - | €750 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €52,751 | €88,485 | €71,312 | - | €16,907 | - |
| Non-recurring operating income76A | - | - | - | - | €15,524 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €88,110 | €65,168 | - | €33,185 | - |
| Remuneration, social security and pensions62 | - | €186 | - | - | - | - |
| Other operating charges640/8 | - | €434 | €929 | €244 | - | - |
| Gross operating margin9900 | -€1,375 | €6,875 | €17,395 | -€6,196 | -€755 | - |
| Operating profit (loss)9901 | -€6,677 | €6,255 | €16,466 | -€6,439 | -€755 | - |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | €38 | - | - | - | €0 | - |
| Financial charges65/66B | - | €80 | €119 | €95 | €92 | - |
| Recurring financial charges65 | €28 | €80 | €119 | €95 | €92 | - |
| Profit (loss) for the period before taxes9903 | -€6,667 | €6,175 | €16,347 | -€6,534 | -€846 | - |
| Income taxes67/77 | - | - | - | - | €174 | - |
| Profit (loss) for the period9904 | -€6,667 | €6,175 | €16,347 | -€6,534 | -€1,020 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,667 | €6,175 | €16,347 | -€6,534 | -€1,020 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,950 | €9,444 | €23,386 | €20,343 | €20,627 | - |
| Fixed assets21/28 | - | - | - | - | €750 | - |
| Financial fixed assets28 | - | - | - | - | €750 | - |
| Current assets29/58 | €7,950 | €9,444 | €23,386 | €20,343 | €19,877 | - |
| Amounts receivable within one year40/41 | €3,252 | €3,806 | €9,936 | €9,563 | €18,612 | - |
| Trade receivables40 | - | - | €5,010 | €159 | €8,539 | - |
| Other amounts receivable41 | - | €3,806 | €4,926 | €9,404 | €10,073 | - |
| Cash at bank and in hand54/58 | €4,698 | €2,788 | €9,297 | €10,780 | €1,265 | - |
| Deferred charges and accrued income490/1 | - | €2,849 | €4,153 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,950 | €9,444 | €23,386 | €20,343 | €20,627 | - |
| Equity10/15 | -€1,167 | €5,008 | €21,354 | €14,820 | €14,437 | - |
| Contributions10/11 | €5,500 | €5,500 | €5,500 | €5,500 | €5,500 | - |
| Contributions outside capital11 | - | €5,500 | €5,500 | - | - | - |
| Other1109/19 | - | €5,500 | €5,500 | - | - | - |
| Reserves13 | - | €309 | €500 | €500 | €500 | - |
| Non-distributable reserves130/1 | - | €309 | €500 | €500 | €500 | - |
| Reserves not available under the articles1311 | - | €309 | €500 | €500 | €500 | - |
| Profit (loss) carried forward14 | -€6,667 | -€801 | €15,354 | €8,820 | €8,437 | - |
| Amounts payable17/49 | €9,117 | €4,436 | €2,032 | €5,523 | €6,190 | - |
| Amounts payable within one year42/48 | €9,117 | €4,436 | €2,032 | €5,523 | €6,190 | - |
| Trade debts44 | €6,380 | €4,274 | €1,952 | €5,523 | €4,216 | - |
| Suppliers440/4 | - | €4,274 | €1,952 | €5,523 | €4,216 | - |
| Advances received on contracts in progress46 | - | - | - | - | €1,800 | - |
| Taxes, remuneration and social security45 | - | €162 | €80 | - | €174 | - |
| Taxes450/3 | - | €80 | €80 | - | €174 | - |
| Remuneration and social security454/9 | - | €82 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,667 | €6,175 | €16,347 | -€6,534 | -€1,020 | - |
| Operating cash flow (approximation) | -€6,667 | €6,175 | €16,347 | -€6,534 | -€1,020 | - |
| Change in cash | - | -€1,910 | €6,509 | €1,483 | - | - |
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, 3,440 companies had the same profile as ADDA PROJECTS has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADDA PROJECTS itself: 2.4% within 12 months.
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 3,440 companies, not a prediction for ADDA PROJECTS. 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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00360382 | |
| 31-12-2023 | micro format | 11-12-2024 | 2024-00613932 | |
| 31-12-2022 | micro format | 07-10-2023 | 2023-00486254 | |
| 31-12-2021 | micro format | 04-10-2022 | 2022-20457647 | |
| 31-12-2020 | micro format | 21-12-2021 | 2021-81300591 |
Board & ownership
Directors
Owners and capital
Shareholders
- EL HOSAYNY HICHAM 100 shares
- ADDA MOHAMED
- ADDA MOHAMED to EL HOSAYNY HICHAM 100 shares
- ADDA MOHAMED 100 shares
- ADDA MOHAMED to ADDA MOHAMED 50 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| EL HOSAYNY HICHAM |
|
| ADDA MOHAMED |
|
| ADDA MOIHAMED |
|
Network & group
ADDA PROJECTS shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of ADDA PROJECTS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-04
Gazette deed
Registered office moved from Wavre to Chaumont-GistouxTransfer of 100 shares · New seat: RUE FLOREMOND 41/B 1325 CHAUMONT-GISTOUX · Previous seat: RUE DE NIVELLES 65 1300 WAVRE9 points ▸
- General meeting, 12-04-2025
- Share transfer, ADDA MOHAMED → EL HOSAYNY HICHAM
- EL HOSAYNY HICHAM holds 100 shares
- ADDA MOHAMED is a shareholder
- Director resignation, ADDA MOHAMED (director)
- Director discharge, ADDA MOHAMED (director)
- Registered-office move, RUE FLOREMOND 41/B 1325 CHAUMONT-GISTOUX
- Director appointment, EL HOSAYNY HICHAM (director)
- Board composition, EL HOSAYNY HICHAM (director)
19-02
Gazette deed
Transfer of 50 sharesResignation: ADDA MOIHAMED (director) · Shareholding · Director discharge7 points ▸
- General meeting, 31-12-2022
- Share transfer, ADDA MOHAMED → ADDA MOHAMED
- ADDA MOHAMED holds 100 shares
- ADDA MOHAMED is a shareholder
- Director resignation, ADDA MOIHAMED (director)
- Director discharge, ADDA MOIHAMED (director)
- Director in office, ADDA MOHAMED (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rue De Nivelles 65, 1300 Wavre until 12-04-2025 · act of 28-04-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0736.635.717
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25018D0295/00X000 | Wallonia | 941 m² | 1 · 153 m² | 8.7 m · 2 |