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ADECORS

Active
Private limited companyfounded 201412 years activede Levis Mirepoixlaan 1, 1090 Jette, BelgiumKBO/BCE: BE 0558.920.829
Summary

ADECORS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,859 and a net result of €9,179. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 26% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€170,108total assets 2025
Equity
€41,859
Profit
€9,179
Financial health
66 Healthy Checked score 2025
Bankruptcy probability, 12 months
1.0%
Structure
Accounts filed 18 days late0 of 2 deeds read
Why 66- Latest accounts 18 days late; 1 of the last 3 late- Sector Specialised construction activities (NACE 43)- Liquidity: current ratio 1.29, cash €4,590+ Founded in 2014Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 39% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 50+4
equity 24.6% of total assets
Liquidity 13=
short-term debt 75.4% · cash 2.7%
Profitability 75-4
return on assets 5.4%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.6%▼ -0.1 percentage points vs 12-2024 02-2025: 1.4%▼ -0.2 percentage points vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 2.1%▲ +0.6 percentage points vs 07-2025 09-2025: 2.6%▲ +0.5 percentage points vs 08-2025highest value 10-2025: 2.3%▼ -0.3 percentage points vs 09-2025 11-2025: 2.2%▼ -0.1 percentage points vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 2.2%● unchanged vs 01-2026 03-2026: 2.1%▼ -0.1 percentage points vs 02-2026 04-2026: 2.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%▼ -0.6 percentage points vs 04-2026 06-2026: 1.5%▼ -0.1 percentage points vs 05-2026 07-2026: 1.5%● unchanged vs 06-2026 08-2026: 2.3%▲ +0.8 percentage points vs 07-2026 09-2026: 1.0%▼ -1.3 percentage points vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.28 in 2024; short-term debt: 75.4% and cash: 2.7% of total assets), and 75.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 26% on solvency, 7% on liquidity, 50% on profitability and 73% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 18 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2014
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 1.29, cash €4,590
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €41,859
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
18 days late
2024
39 days late
2023
29 days late
2022
31 days late
2021
71 days late
2020
17 days late
2019
89 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 42 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €9,179 8 years View
  • Total assets 20256 fiscal years filed €170,108 View
  • Active since 2014founded 08-08-2014 12 years View

By topic

Financials

Fiscal year
2025
Total assets
€170,108
Profit
€9,179
Solvency
24.6%
Turnover▲ 58.3%
Net result
20182020
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result since 2018
  2. 31-08-2023Annual accounts filed
  3. 10-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
08-08-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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