Equity
€586,255 ▲ 0.5%
ADDITYS paid out €365,000 in dividends. That is 98% of the 2025 profit.
ADDITYS
Lifetime
14 annual accounts with figures on one time axispeak €597,318 (2024)
€550,114▼ 7.9%
lowest -€20,544 (2022)
€372,757▼ 17.0%
peak €666,872 (2021)
€586,255▲ 0.5%
€682,162▲ 3.0%
peak 1 FTE (2025)
1 FTE
Board3 names since 2021
2 directorsNAMKHA and 1 other
Owners2 names in the annual accounts
70%NAMKHA and 1 other
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Dividend €365,000Cash from €282,524 to €116,135
Key points
from the 2025 annual accountsTurnover
≈ €1.3m estimated
The accounts state no turnover.
Position in the sector
€372,757
Higher net result than 84% of companies in chemicals. Sector median €36,567 · 148 companies.
Checked score
93
Excellent
Financially stronger than 59% of micro companies in chemicals (NACE 20)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 356 companies (NACE 20, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.2 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Size: 1 FTE, total assets €1.3m
Founded in 2012
Figures for financial year 2025 (filed on 03-07-2026)
Equity €586,255 (46.2% of total assets)
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 20, micro). It does better than 57% of them on solvency, 34% on liquidity, 96% on profitability and 50% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as ADDITYS has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ADDITYS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for ADDITYS. 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
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (1.83 in 2024), above the usual 1.5. Short-term debt is 53.7% and cash 9.2% of total assets. However, 53.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 days early
2024
2 days early
2023
13 days early
2022
31 days early
2021
73 days late
2020
92 days late
2019
153 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 35 days after the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- NAMKHA 70%score 94equity €8.6m (2025) · 2025 annual accounts of NAMKHA
- Zifio 30%score 96equity €291,375 (2025) · 30-09-2025 annual accounts of Zifio
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0845471596
Registered office moved from Soignies to Blandain
New registered office: Rue de la Foret 2, 7522 Blandain · Previous registered office: section Neufvilles, Rue Hubermont 10, 7063 Soignies · Resignation: Patrick Merlin (director) · General meeting of 19-10-2023 · Gazette deed
Incorporation
published on 07-05-2012 · Gazette deed
First establishment
Rue de la Forêt 2, Tournai
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADDITYS Tournai | €1.3m | €0.6m | 46.2% | 1 |
| ADDITEX Mouscron | €4.6m | €0.8m | 55.4% | 3.9 |
| PLIXXENT Belgium Ghent | €2.5m | €0.7m | 18.5% | 5.8 |
| BELCOFILL Heist-op-den-Berg | €2.1m | €1.3m | 15.9% | 9.5 |
| Huber Engineered Materials Belgium Genk | €0.8m | €1.6m | 46.2% | 4.6 |
| AVROXA Ghent | €1.8m | €0.2m | 48.4% | 1 |
| THRIBE MANUFACTURING Schelle | €3.1m | €1.1m | 88.9% | 8.5 |
These companies have the same main activity as ADDITYS: manufacture of chemicals and chemical products (NACE 20140). They are comparable in size and age: total assets between €751,000 and €4.6m, founded between 2007 and 2018.
Official details
Source: KBO- Status
- Active since 24-04-2012Normal situation
- Activity
- Manufacture of chemicals and chemical productsNACE 20140and 2 others
- Establishment unit
- 2.209.121.0557522 Tournai, since 10-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2025
Annual accounts 2025
- €1.3m▲ 1.8%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on ADDITYS
ADDITYS files the abbreviated format. That format states no turnover. The gross margin rose from €6,036 in 2012 to €550,114 in 2025.
NAMKHA holds 70% of the shares.
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 ADDITYS
- What is the company number of ADDITYS?
- The company number of ADDITYS is 0845.471.596. The VAT number is the same number with BE in front: BE 0845.471.596.
- Where is ADDITYS based?
- The registered office is at Rue de la Forêt 2, 7522 Tournai.Company details
- What does ADDITYS do?
- According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20140).
- What is the legal form of ADDITYS?
- ADDITYS is a private limited company (BV).
- When was ADDITYS founded?
- ADDITYS was founded on 24-04-2012.
- Is ADDITYS still active?
- Yes, ADDITYS is an active enterprise in the KBO register.
- How many employees does ADDITYS have?
- ADDITYS had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ADDITYS?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €550,114 and 2,275 comparable companies of the same size. It probably lies between €780,000 and €2.2m. It is a rough estimate. In financial year 2023 turnover was €1.9m.
- Is ADDITYS profitable?
- In financial year 2025, ADDITYS made a profit of €372,757.
- Where can I find the annual accounts of ADDITYS?
- ADDITYS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADDITYS due?
- ADDITYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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