ADEKAR
ActiveADEKAR has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212k and a net result of €124k. Equity is growing by ~112.3% per year across the filed fiscal years. Its solvency ranks better than 63% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy▲ +4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency72▲+21
Growth78=
Stability82
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity short (current ratio 0.76 against 0.11 in 2024), and 31.2% of the assets are financed with debt.
Credit advice for your own amount and term
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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
68.8%
Return on assets
40.4%
Age of the figures
8 mo
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 13-03-2026, 140 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
140 d early
2024
31 d early
2023
49 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€212k▲ 142%
2024 · €88k
2023: €15k
2024: €88k
2023 → 2025
Total assets
€308k▲ 43.2%
2024 · €215k
2023: €30k
2024: €215k
2023 → 2025
Net result
€124k▲ 84.8%
2024 · €67k
2023: €15k
2024: €67k
2023 → 2025
Working capital
€-23k▲ 79.5%
2024 · €-113k
2023: €14k
2024: €-113k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€15k-€88k▲ 473%€212k▲ 142%
Operating result€20k-€91k▲ 344%€168k▲ 84.9%
Net result€15k-€67k▲ 340%€124k▲ 84.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 85% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €308k
Fixed assets
€235k▲ 17.1%
Current assets
€73k▲ 405%
Equity and liabilities €308k
Equity
€212k▲ 142%
Debt
€96k▼ 24.7%
The debt ratio falls from 59.3% to 31.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€174k▲
2024 · €91k
Cash flow
€131k▲
2024 · €68k
Solvency
68.8%▲
2024 · 40.7%
Current ratio
0.76▲
2024 · 0.11
Quick ratio
0.76▲
2024 · 0.11
Debt / equity
0.45▼
2024 · 1.46
ROE
58.7%▼
2024 · 76.8%
ROA
40.4%▲
2024 · 31.3%
Debt
€96k▼
2024 · €128k
Debt ≤ 1 year
€96k▼
2024 · €128k
Income taxes
€43k▲
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€215k€308k▲
Fixed assets21/28€201k€235k▲
Tangible fixed assets22/27€888€35k▲
Furniture and vehicles24€888€35k▲
Financial fixed assets28€200k€200k=
Current assets29/58€14k€73k▲
Amounts receivable within one year40/41€0€40k▲
Trade receivables40€0€40k▲
Cash at bank and in hand54/58€14k€32k▲
Deferred charges and accrued income490/1-€782
Equity and liabilities
Total equity and liabilities10/49€215k€308k▲
Equity10/15€88k€212k▲
Contributions10/11€5k€5k=
Reserves13€83k€207k▲
Distributable reserves133€83k€207k▲
Amounts payable17/49€128k€96k▼
Amounts payable within one year42/48€128k€96k▼
Trade debts44€552€572▲
Suppliers440/4€552€572▲
Taxes, remuneration and social security45€21k€21k▼
Taxes450/3€21k€21k▼
Other amounts payable47/48€106k€75k▼
Accrued charges and deferred income492/3-€30
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€445€7k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€92k€176k▲
Operating profit (loss)9901€91k€168k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€128€0▼
Recurring financial charges65€128€0▼
Profit (loss) for the period before taxes9903€91k€168k▲
Income taxes67/77€23k€43k▲
Profit (loss) for the period9904€67k€124k▲
Profit (loss) for the period to be appropriated9905€67k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€67k€124k▲
Transfer to equity691/2€67k€124k▲
To other reserves6921€67k€124k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €124k ▲84.8%
Operating result €168k, net result €124k, both a record.
31-12
Financial
Equity above €200kEq €212k ▲142%
3 profitable years in a row build equity to €212k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
De Pintelaan 999000 GentGround area
171 m²
Building footprint
87 m²
Volume, LiDAR
633 m³
Parcel 44808H0174/00L003, Flanders · tallest building 13.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Adekar
since 20232.353.360.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0174/00L003 | Flanders | 171 m² | 1 · 87 m² | 13.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Brian Cullen
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SOLULEX
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@Econlaw
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Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 7,146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2023
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.