ADECOM
ActiveFrom the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ADECOM is 2.1% (moderate). The 2025 annual accounts show negative equity (-€27,505) and a net result of -€586. Equity has been stable since 2018 (±2% per year). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Overview
Official details
KBO- Status
- Active since 08-12-1999 Normal situation
- Legal form
- Private limited company (pre-2019)
- Registered office
- Epicialaan 1B, 2970 Schilde
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.099.252.224 2970 Schilde, since 13-11-2001
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- -€66
- ▼ 3.1%
- Loss
- €586
- ▲ 3.0%
- Equity
- -€27,505
- ▼ 2.2%
- Total assets
- €243
- =
Score breakdownraises riskLoss of €586, the second in a row (financial year 2025)Negative equity -€27,505Ex-officio strike-off in the KBOlowers riskSize: total assets €243Show 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 (no NACE code, micro). It does better than 5% of them on solvency, 35% on liquidity, 4% on profitability and 37% on growth.
The bankruptcy probability was computed on 31-10-2026 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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Signals
The company filed its last 7 accounts on average 44 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Financials · financial year 2025, micro format
2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00454908.
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 30-08-2026
- Format
- micro format
- Reference
- 2026-00454908
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €586, larger than the loss of €569 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 6,619 companies had the same profile as ADECOM has now. Two years later, 4.5% had gone bankrupt and 84.5% were still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADECOM itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 6,619 companies, not a prediction for ADECOM. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €450 | €450 | €493 | €505 | €520 | ▲ 3.0% |
| Gross operating margin9900 | €643 | €275 | €293 | -€55 | -€57 | -€57 | -€64 | -€66 | ▼ 3.1% |
| Operating profit (loss)9901 | €199 | -€170 | -€154 | -€505 | -€507 | -€550 | -€569 | -€586 | ▼ 3.0% |
| Profit (loss) for the period before taxes9903 | €199 | -€170 | -€154 | -€505 | -€507 | -€550 | -€569 | -€586 | ▼ 3.0% |
| Profit (loss) for the period9904 | €199 | -€170 | -€154 | -€505 | -€507 | -€550 | -€569 | -€586 | ▼ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €199 | -€170 | -€154 | -€505 | -€507 | -€550 | -€569 | -€586 | ▼ 3.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €10,092 | €9,924 | €9,736 | €9,579 | €9,579 | €9,579 | €243 | €243 | = |
| Current assets29/58 | €10,092 | €9,924 | €9,736 | €9,579 | €9,579 | €9,579 | €243 | €243 | = |
| Stocks and contracts in progress3 | €9,336 | €9,336 | €9,336 | €9,336 | €9,336 | €9,336 | - | - | - |
| Stocks30/36 | - | - | - | €9,336 | €9,336 | €9,336 | - | - | - |
| Cash at bank and in hand54/58 | €756 | €588 | €400 | €243 | €243 | €243 | €243 | €243 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €10,092 | €9,924 | €9,736 | €9,579 | €9,579 | €9,579 | €243 | €243 | = |
| Equity10/15 | -€24,464 | -€24,634 | -€24,788 | -€25,293 | -€25,800 | -€26,350 | -€26,919 | -€27,505 | ▼ 2.2% |
| Contributions10/11 | €6,197 | €6,197 | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €635 | €635 | €635 | €635 | €635 | €635 | €635 | €635 | = |
| Non-distributable reserves130/1 | - | - | - | €32 | €32 | €32 | €32 | €32 | = |
| Reserves not available under the articles1311 | - | - | - | €32 | €32 | €32 | €32 | €32 | = |
| Distributable reserves133 | - | - | - | €603 | €603 | €603 | €603 | €603 | = |
| Profit (loss) carried forward14 | -€31,296 | -€31,466 | -€31,620 | -€32,125 | -€32,632 | -€33,182 | -€33,751 | -€34,337 | ▼ 1.7% |
| Amounts payable17/49 | €34,556 | €34,558 | €34,524 | €34,872 | €35,379 | €35,929 | €27,162 | €27,748 | ▲ 2.2% |
| Amounts payable within one year42/48 | €34,556 | €34,558 | €34,524 | €34,872 | €35,379 | €35,929 | €27,162 | €27,748 | ▲ 2.2% |
| Other amounts payable47/48 | - | - | - | €34,872 | €35,379 | €35,929 | €27,162 | €27,748 | ▲ 2.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €199 | -€170 | -€154 | -€505 | -€507 | -€550 | -€569 | -€586 | ▼ 3.0% |
| Operating cash flow (approximation) | €199 | -€170 | -€154 | -€505 | -€507 | -€550 | -€569 | -€586 | ▼ 3.0% |
| Change in cash | - | -€168 | -€188 | -€157 | €0 | €0 | €0 | €0 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-08-2026 | 2026-00454908 | NBB |
| 31-12-2024 | micro format | 31-08-2025 | 2025-00454311 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00406475 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00392023 | |
| 31-12-2021 | micro format | 30-11-2022 | 2022-20527969 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-56100023 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-46800212 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-55200431 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-60300380 | |
| 31-12-2016 | abbreviated format | 30-08-2017 | 2017-59000021 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
History
Acts, filings and financial milestones
23-10
Gazette deed
Registered officeRegistered-office move1 point ▸
- Registered-office move, Epicialaan 1B te 2970 Schilde
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBThe scores and ratios are Checked's own calculations, not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11041B0109/00N000 | Flanders | 3,228 m² | 1 · 318 m² | - |