ADEMAR MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €3.85M and a net result of €1.60M. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 5498 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
31 d early
2023
2 d late
2022
11 d early
2021
34 d early
2020
8 d early
2019
31 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.85M▲ 70.9%
2024 · €2.25M
2018: €536k
2019: €916k
2020: €1.20M
2021: €1.78M
2022: €1.45M
2023: €3.06M
2024: €2.25M
2018 → 2025
Net result
€1.60M▼ 5.4%
2024 · €1.69M
2018: €366k
2019: €766k
2020: €688k
2021: €676k
2022: €971k
2023: €1.61M
2024: €1.69M
2018 → 2025
Total assets
€6.26M▲ 36.2%
2024 · €4.60M
2018: €4.17M
2019: €4.52M
2020: €4.62M
2021: €4.30M
2022: €5.07M
2023: €5.26M
2024: €4.60M
2018 → 2025
Solvency
61.5%▲ 12.5pp
2024 · 49.0%
2018: 12.9%
2019: 20.3%
2020: 26.0%
2021: 41.4%
2022: 28.6%
2023: 58.2%
2024: 49.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.78M-€1.45M▼ 18.5%€3.06M▲ 111%€2.25M▼ 26.5%€3.85M▲ 70.9%
Operating result€936k-€1.32M▲ 40.9%€2.20M▲ 66.7%€1.33M▼ 39.7%€2.10M▲ 58.1%
Net result€676k-€971k▲ 43.6%€1.61M▲ 66.1%€1.69M▲ 4.6%€1.60M▼ 5.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 58% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.26M
Fixed assets
€4.42M▲ 2.5%
Current assets
€1.84M▲ 549%
Equity and liabilities €6.26M
Equity
€3.85M▲ 70.9%
Debt
€2.41M▲ 2.9%
The debt ratio falls from 51.0% to 38.5%. Equity and debt are higher.
Key figures and ratios
Solvency
61.5%▲
2024 · 49.0%
ROE
41.5%▼
2024 · 74.9%
ROA
25.5%▼
2024 · 36.7%
Debt
€2.41M▲
2024 · €2.34M
Debt ≤ 1 year
€2.36M▲
2024 · €2.29M
Debt > 1 year
€56k▲
2024 · €48k
Income taxes
€508k▲
2024 · €315k
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€4.60M€6.26M▲
Fixed assets21/28€4.31M€4.42M▲
Intangible fixed assets21€10k€7k▼
Tangible fixed assets22/27€153k€266k▲
Land and buildings22€119k€119k=
Furniture and vehicles24€14k€123k▲
Other tangible fixed assets26€20k€25k▲
Financial fixed assets28€4.15M€4.15M=
Current assets29/58€283k€1.84M▲
Amounts receivable within one year40/41€153k€178k▲
Trade receivables40€146k€159k▲
Other amounts receivable41€8k€18k▲
Current investments50/53€0€1.61M▲
Cash at bank and in hand54/58€130k€45k▼
Deferred charges and accrued income490/1€57€2k▲
Equity and liabilities
Total equity and liabilities10/49€4.60M€6.26M▲
Equity10/15€2.25M€3.85M▲
Contributions10/11€150k€150k=
Reserves13€377k€377k=
Tax-exempt reserves132€362k€4k▼
Distributable reserves133€15k€373k▲
Profit (loss) carried forward14€1.73M€3.32M▲
Amounts payable17/49€2.34M€2.41M▲
Amounts payable after more than one year17€48k€56k▲
Financial debts170/4€48k€56k▲
Amounts payable within one year42/48€2.29M€2.36M▲
Current portion of amounts payable after more than one year42€468k€69k▼
Financial debts43€26k€0▼
Credit institutions430/8€26k€0▼
Trade debts44€2k€28k▲
Suppliers440/4€2k€28k▲
Taxes, remuneration and social security45€80k€53k▼
Taxes450/3€78k€53k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€1.72M€2.21M▲
Accrued charges and deferred income492/3€3k€57▼
Income statement
Code20242025
Non-recurring operating income76A-€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€25k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€1.35M€2.12M▲
Operating profit (loss)9901€1.33M€2.10M▲
Financial income75/76B€755k€115k▼
Recurring financial income75€755k€115k▼
Financial charges65/66B€78k€107k▲
Recurring financial charges65€78k€107k▲
Profit (loss) for the period before taxes9903€2.00M€2.10M▲
Income taxes67/77€315k€508k▲
Profit (loss) for the period9904€1.69M€1.60M▼
Transfer from tax-exempt reserves789-€358k
Profit (loss) for the period to be appropriated9905€1.69M€1.95M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.23M€3.68M▼
Profit (loss) brought forward from the previous period14P€2.54M€1.73M▼
Transfer to equity691/2-€358k
To other reserves6921-€358k
Profit to be distributed694/7€2.50M€0▼
Return on contributions (dividend)694€2.50M€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (22 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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.69M ▲4.6%
Net result €1.69M, the highest in the series.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
31-12
Financial
Equity above €2MEq €3.06M ▲111%
6 profitable years in a row build equity to €3.06M.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1MEq €1.20M ▲31.4%
3 profitable years in a row build equity to €1.20M.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Brugge · 1 establishment unit since 2015
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.
Zeggestraat 118200 BruggeGround area
2,817 m²
Building footprint
326 m²
Volume, LiDAR
277 m³
Parcel 31027D0641/00D004, Flanders · tallest building 3.1 m. Linked by address, not a title deed.
1 establishment unit
ADEMAR MANAGEMENT
since 20152.244.590.985
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0641/00D004 | Flanders | 2,817 m² | 1 · 326 m² | 3.1 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 989 EUR awarded · 989 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 989 EUR | 989 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 8,943 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2015
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
66300Activities auxiliary to financial services and insurance activities
68110Buying and selling of own real estate
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.