Addictions
ActiveSummary
Addictions has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €221,693 and a net result of -€26,668. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 61% of 515 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability7▼-53
Solvency80▲+1
Growth45▼-3
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 3.46 against 4.3 in 2023; short-term debt: 28.6% and cash: 1.5% of total assets), and 45.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.9%
Return on assets
-6.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
42 d early
2022
7 d early
2021
20 d early
2020
19 d late
2019
63 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€114,602▼ 10.3%
2023 · €127,752
EBIT margin
-27.6%▼ 31.6pp
2023 · 4.0%
Net result
-€26,668
2023 · €7,731
Working capital
€284,732▼ 19.0%
2023 · €351,388
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€120,041▼ 29.8%€146,723▲ 22.2%€149,056▲ 1.6%€127,752▼ 14.3%€114,602▼ 10.3%
Operating result€3,530▼ 94.9%€24,216▲ 586%-€9,321€5,066-€31,647
Net result€4,173▼ 86.1%€28,508▲ 583%€27,174▼ 4.7%€7,731▼ 71.6%-€26,668
EBIT margin2.9%▼ 37.7pp16.5%▲ 13.6pp-6.3%▼ 22.8pp4.0%▲ 10.2pp-27.6%▼ 31.6pp
Equity€204,947▲ 0.1%€213,455▲ 4.2%€240,629▲ 12.7%€248,361▲ 3.2%€221,693▼ 10.7%
Total assets€323,463▲ 8.5%€341,979▲ 5.7%€422,062▲ 23.4%€462,197▲ 9.5%€403,729▼ 12.7%
Debt€94,516▲ 28.8%€84,524▼ 10.6%€117,433▲ 38.9%€149,836▲ 27.6%€118,036▼ 21.2%
Working capital€228,080▲ 2.3%€257,266▲ 12.8%€323,638▲ 25.8%€351,388▲ 8.6%€284,732▼ 19.0%
Staff (FTE)8=8=8=7▼ 12.5%7=
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €31,647 after €5,066 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €403,729
Fixed assets
€3,401 ▼ 23.8%
Current assets
€400,328 ▼ 12.5%
Equity and liabilities €403,729
Equity
€221,693 ▼ 10.7%
Provisions
€64,000 =
Debt
€118,036 ▼ 21.2%
Debt's share of the balance-sheet total falls from 32.4% to 29.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€30,585▼
2023 · €6,128
Cash flow
-€25,606▼
2023 · €8,793
Current ratio
3.46▼
2023 · 4.30
Debt to equity
0.53▼
2023 · 0.60
ROE
-12.0%▼
2023 · 3.1%
ROA
-6.6%▼
2023 · 1.7%
Interest coverage
-114.55▼
2023 · 23.21
Debt ≤ 1 year
€115,596▲
2023 · €106,346
Staff costs
€540,646▼
2023 · €553,566
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,304 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €120,041 | €146,723 | €149,056 | €127,752 | €114,602 | ▼ 10.3% |
| Non-recurring operating income76A | - | €31,171 | €54,572 | €60,233 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €124,717 | €123,553 | €120,365 | €147,159 | ▲ 22.3% |
| Remuneration, social security and pensions62 | - | €462,690 | €464,698 | €553,566 | €540,646 | ▼ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,138 | €689 | €689 | €1,062 | €1,062 | = |
| Other operating charges640/8 | - | €371 | €21,391 | €6,110 | €838 | ▼ 86.3% |
| Non-recurring operating charges66A | - | €31,171 | €54,572 | €60,233 | €65 | ▼ 99.9% |
| Gross operating margin9900 | €490,491 | €519,137 | €532,029 | €626,037 | €510,964 | ▼ 18.4% |
| Operating profit (loss)9901 | €3,530 | €24,216 | -€9,321 | €5,066 | -€31,647 | ▼ 725% |
| Financial income75/76B | - | €5,699 | €56,768 | €2,929 | €5,246 | ▲ 79.1% |
| Recurring financial income75 | €2,270 | €5,699 | €2,196 | €2,929 | €5,246 | ▲ 79.1% |
| Non-recurring financial income76B | - | - | €54,572 | - | - | - |
| Financial charges65/66B | - | €1,407 | €273 | €264 | €267 | ▲ 1.1% |
| Recurring financial charges65 | €1,627 | €1,407 | €273 | €264 | €267 | ▲ 1.1% |
| Profit (loss) for the period before taxes9903 | €4,173 | €28,508 | €47,174 | €7,731 | -€26,668 | ▼ 445% |
| Transfer to deferred taxes680 | - | - | €20,000 | - | - | - |
| Profit (loss) for the period9904 | €4,173 | €28,508 | €27,174 | €7,731 | -€26,668 | ▼ 445% |
| Profit (loss) for the period to be appropriated9905 | €4,173 | €28,508 | €27,174 | €7,731 | -€26,668 | ▼ 445% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €323,463 | €341,979 | €422,062 | €462,197 | €403,729 | ▼ 12.7% |
| Fixed assets21/28 | €2,369 | €1,680 | €991 | €4,463 | €3,401 | ▼ 23.8% |
| Tangible fixed assets22/27 | €2,190 | €1,501 | €812 | €4,284 | €3,222 | ▼ 24.8% |
| Furniture and vehicles24 | - | €526 | - | €880 | €440 | ▼ 50.0% |
| Other tangible fixed assets26 | - | €975 | €812 | €3,404 | €2,782 | ▼ 18.3% |
| Financial fixed assets28 | €178 | €179 | €179 | €179 | €179 | = |
| Current assets29/58 | €321,094 | €340,299 | €421,071 | €457,734 | €400,328 | ▼ 12.5% |
| Amounts receivable within one year40/41 | €41,014 | €45,998 | €75,963 | €67,128 | €58,909 | ▼ 12.2% |
| Trade receivables40 | - | €10,745 | €14,753 | €8,476 | €10,260 | ▲ 21.0% |
| Other amounts receivable41 | - | €35,253 | €61,210 | €58,652 | €48,649 | ▼ 17.1% |
| Current investments50/53 | €273,904 | €293,107 | €326,318 | €385,756 | €309,740 | ▼ 19.7% |
| Cash at bank and in hand54/58 | €5,866 | €1,038 | €8,848 | €4,525 | €6,010 | ▲ 32.8% |
| Deferred charges and accrued income490/1 | - | €156 | €9,942 | €325 | €25,669 | ▲ 7,798% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €323,463 | €341,979 | €422,062 | €462,197 | €403,729 | ▼ 12.7% |
| Equity10/15 | €204,947 | €213,455 | €240,629 | €248,361 | €221,693 | ▼ 10.7% |
| Reserves13 | - | €85,000 | €85,000 | €85,000 | €85,000 | = |
| Profit (loss) carried forward14 | €119,947 | €128,455 | €155,629 | €163,361 | €136,693 | ▼ 16.3% |
| Provisions and deferred taxes16 | €24,000 | €44,000 | €64,000 | €64,000 | €64,000 | = |
| Provisions for liabilities and charges160/5 | - | €44,000 | €64,000 | €64,000 | €64,000 | = |
| Other liabilities and charges164/5 | - | €44,000 | €64,000 | €64,000 | €64,000 | = |
| Amounts payable17/49 | €94,516 | €84,524 | €117,433 | €149,836 | €118,036 | ▼ 21.2% |
| Amounts payable after more than one year17 | - | - | - | €26,385 | - | - |
| Financial debts170/4 | - | - | - | €26,385 | - | - |
| Amounts payable within one year42/48 | €93,015 | €83,033 | €97,433 | €106,346 | €115,596 | ▲ 8.7% |
| Trade debts44 | €40,727 | €31,194 | €14,887 | €17,996 | €27,948 | ▲ 55.3% |
| Suppliers440/4 | - | €31,194 | €14,887 | €17,996 | €27,948 | ▲ 55.3% |
| Taxes, remuneration and social security45 | - | €51,839 | €82,546 | €88,350 | €87,648 | ▼ 0.8% |
| Taxes450/3 | - | - | €13,130 | €13,460 | €14,896 | ▲ 10.7% |
| Remuneration and social security454/9 | - | €51,839 | €69,416 | €74,890 | €72,752 | ▼ 2.9% |
| Accrued charges and deferred income492/3 | - | €1,491 | €20,000 | €17,105 | €2,440 | ▼ 85.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,173 | €28,508 | €27,174 | €7,731 | -€26,668 | ▼ 445% |
| + Depreciation and write-downs630 | €1,138 | €689 | €689 | €1,062 | €1,062 | = |
| Operating cash flow (approximation) | €5,311 | €29,197 | €27,863 | €8,793 | -€25,606 | ▼ 391% |
| Investment in fixed assets (approximation) | - | -€0 | €0 | -€4,534 | €0 | ▲ 100% |
| Change in cash | - | -€4,828 | €7,810 | -€4,323 | €1,485 | ▲ 134% |
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€26,668
Net result drops to -€26,668, the lowest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 63 days late
2019
31-12
Financial
Highest result since 2018net €29,955 ▲276%
Operating result €69,559, net result €29,955, both a record.
31-12
Financial
Equity above €200,000Eq €204,774 ▲10.8%
2 profitable years in a row build equity to €204,774.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Etterbeek · 1 establishment unit since 1998
Ground area
125 m²
Building footprint
118 m²
Volume, LiDAR
1,432 m³
Parcel 21005A0498/00D006, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Addictions
since 19982.163.181.855
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21005A0498/00D006 | Brussels | 125 m² | 1 · 118 m² | 15.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
8755005R1QODT257AV60
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Of 77 companies in sector 88991 we hold annual accounts for 37. 29 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded16-02-1998
Fiscal year end31-12
Activities, NACEBEL 2025
88991Social work activities without accommodation
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.