ADDK
ActiveSummary
ADDK has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,228 and a net result of €19,392. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-3
Solvency28▼-43
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2.6%
Return on assets
9.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9537 sector peers (2025).
NBB · sector comparisonPosition among 9537 sector peers
Solvency
better than 10%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
27 d early
2022
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€5,228▼ 93.7%
2024 · €82,836
Total assets
€202,036▲ 12.1%
2024 · €180,223
Net result
€19,392▼ 11.5%
2024 · €21,901
Working capital
-€50,780
2024 · €53,438
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€17,997-€54,010▲ 200%€30,347▼ 43.8%€26,208▼ 13.6%
Net result€13,940within the sector's middle half-€41,994above the sector's middle half▲ 201%€21,901within the sector's middle half▼ 47.8%€19,392within the sector's middle half▼ 11.5%
Equity€18,940below the sector's middle half-€60,935within the sector's middle half▲ 222%€82,836within the sector's middle half▲ 35.9%€5,228below the sector's middle half▼ 93.7%
Total assets€30,539below the sector's middle half-€106,980within the sector's middle half▲ 250%€180,223within the sector's middle half▲ 68.5%€202,036within the sector's middle half▲ 12.1%
Debt€11,599-€46,045▲ 297%€97,387▲ 112%€196,809▲ 102%
Working capital€14,968-€35,499▲ 137%€53,438▲ 50.5%-€50,780
Solvency62.0%within the sector's middle half-57.0%within the sector's middle half▼ 5.1pp46.0%within the sector's middle half▼ 11.0pp2.6%below the sector's middle half▼ 43.4pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €202,036
Fixed assets
€85,086 ▲ 22.0%
Current assets
€116,950 ▲ 5.9%
Equity and liabilities €202,036
Equity
€5,228 ▼ 93.7%
Debt
€196,809 ▲ 102%
Debt's share of the balance-sheet total rises from 54.0% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€46,846▲
2024 · €44,741
Cash flow
€40,030▲
2024 · €36,295
Current ratio
0.70▼
2024 · 1.94
Debt to equity
37.65▲
2024 · 1.18
ROE
370.9%▲
2024 · 26.4%
ROA
9.6%▼
2024 · 12.2%
Interest coverage
25.06▼
2024 · 33.53
Debt ≤ 1 year
€167,731▲
2024 · €57,045
Debt > 1 year
€29,078▼
2024 · €40,342
Income taxes
€5,513▼
2024 · €7,059
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,155 companies that looked in July 2024 the way this one looks now, 2.6% went bankrupt within 24 months and 94% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
2.6%
went bankrupt
2.6%
stopped otherwise
94%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 2,155 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,210 | €3,537 | €14,394 | €20,638 | ▲ 43.4% |
| Other operating charges640/8 | €602 | €583 | €577 | €593 | ▲ 2.8% |
| Non-recurring operating charges66A | - | €82 | - | - | - |
| Gross operating margin9900 | €19,809 | €58,212 | €45,318 | €47,439 | ▲ 4.7% |
| Operating profit (loss)9901 | €17,997 | €54,010 | €30,347 | €26,208 | ▼ 13.6% |
| Financial income75/76B | - | €90 | €0 | €574 | ▲ 382,733% |
| Recurring financial income75 | - | €90 | €0 | €574 | ▲ 382,733% |
| Financial charges65/66B | - | €54 | €1,387 | €1,877 | ▲ 35.3% |
| Recurring financial charges65 | - | €54 | €1,334 | €1,869 | ▲ 40.1% |
| Non-recurring financial charges66B | - | - | €53 | €8 | ▼ 85.7% |
| Profit (loss) for the period before taxes9903 | €17,997 | €54,046 | €28,961 | €24,905 | ▼ 14.0% |
| Income taxes67/77 | €4,057 | €12,052 | €7,059 | €5,513 | ▼ 21.9% |
| Profit (loss) for the period9904 | €13,940 | €41,994 | €21,901 | €19,392 | ▼ 11.5% |
| Profit (loss) for the period to be appropriated9905 | €13,940 | €41,994 | €21,901 | €19,392 | ▼ 11.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €30,539 | €106,980 | €180,223 | €202,036 | ▲ 12.1% |
| Formation expenses20 | €925 | - | - | - | - |
| Fixed assets21/28 | €3,048 | €25,435 | €69,740 | €85,086 | ▲ 22.0% |
| Tangible fixed assets22/27 | €3,048 | €25,435 | €69,740 | €85,086 | ▲ 22.0% |
| Land and buildings22 | - | - | - | €33,588 | - |
| Plant, machinery and equipment23 | - | €8,727 | €6,857 | €4,987 | ▼ 27.3% |
| Furniture and vehicles24 | €3,048 | €16,709 | €62,883 | €46,511 | ▼ 26.0% |
| Current assets29/58 | €26,567 | €81,544 | €110,483 | €116,950 | ▲ 5.9% |
| Amounts receivable within one year40/41 | €14,403 | €23,336 | €28,799 | €18,000 | ▼ 37.5% |
| Trade receivables40 | €14,403 | €23,336 | €20,801 | €8,341 | ▼ 59.9% |
| Other amounts receivable41 | - | - | €7,997 | €9,659 | ▲ 20.8% |
| Cash at bank and in hand54/58 | €12,164 | €58,208 | €81,684 | €98,951 | ▲ 21.1% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €30,539 | €106,980 | €180,223 | €202,036 | ▲ 12.1% |
| Equity10/15 | €18,940 | €60,935 | €82,836 | €5,228 | ▼ 93.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €13,940 | €55,935 | €77,836 | €228 | ▼ 99.7% |
| Amounts payable17/49 | €11,599 | €46,045 | €97,387 | €196,809 | ▲ 102% |
| Amounts payable after more than one year17 | - | - | €40,342 | €29,078 | ▼ 27.9% |
| Financial debts170/4 | - | - | €40,342 | €29,078 | ▼ 27.9% |
| Amounts payable within one year42/48 | €11,599 | €46,045 | €57,045 | €167,731 | ▲ 194% |
| Current portion of amounts payable after more than one year42 | - | - | €10,839 | €11,264 | ▲ 3.9% |
| Trade debts44 | €837 | €1,327 | €816 | €1,167 | ▲ 43.0% |
| Suppliers440/4 | €837 | €1,327 | €816 | €1,167 | ▲ 43.0% |
| Taxes, remuneration and social security45 | €10,728 | €12,700 | €10,182 | €32,312 | ▲ 217% |
| Taxes450/3 | €8,728 | €10,700 | €8,182 | €30,312 | ▲ 270% |
| Remuneration and social security454/9 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €34 | €32,019 | €35,207 | €122,988 | ▲ 249% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,940 | €41,994 | €21,901 | €19,392 | ▼ 11.5% |
| + Depreciation and write-downs630 | €1,210 | €3,537 | €14,394 | €20,638 | ▲ 43.4% |
| Operating cash flow (approximation) | €15,150 | €45,531 | €36,295 | €40,030 | ▲ 10.3% |
| Investment in fixed assets (approximation) | - | -€25,925 | -€58,698 | -€35,984 | ▲ 38.7% |
| Change in cash | - | €46,044 | €23,476 | €17,267 | ▼ 26.5% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €41,994 ▲201%
Operating result €54,010, net result €41,994, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 2022
Ground area
577 m²
Building footprint
154 m²
Volume, LiDAR
683 m³
Parcel 35020B0508/00E000, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ADDK
since 20222.333.643.816
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020B0508/00E000 | Flanders | 577 m² | 1 · 154 m² | 9.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 93 EUR awarded · 93 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 93 EUR | 93 EUR |
Similar companies · same sector, comparable size
BARTHOLOMÉ EXPERTISES
BE 1003.698.689
Wasseiges · Eq €5,162
NO2COVID
BE 0746.608.505
Geel · Eq €5,129
VECTEUR A
BE 0673.703.404
Arlon · Eq €5,521
ACTAEON
BE 0753.413.747
Beernem · Eq €5,578
Total Testing Service
BE 0720.967.742
Mouscron · Eq €5,621
Of 2,147 companies in sector 71209 we hold annual accounts for 1,087. 342 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
Founded18-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
82100Office administrative and support services
82990Other business support services
Contact
E-mail
adviesaddk@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0788687402
Also
9925:BE0788687402
Registered
17-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.