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ADEMCO

Active
Private limited companyfounded 199531 yrs activeAllée Ferme du Bercuit 5, 1390 Grez-Doiceau, BelgiumKBO/BCE: BE 0455.103.412

ADEMCO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3k) and a net result of €-10k. Equity is growing by ~94.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 4602 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
43 / 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-81
Solvency17▼-27
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 0.85 in 2023; short-term debt: 95.6% and cash: 31% of total assets), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-7.6%
Return on assets
-22.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €-3k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
42 d early
2022
40 d early
2021
34 d early
2020
33 d early
2019
31 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k
2023 · €6k
2018: €-3k 2019: €6k 2020: €14k 2021: €27k 2022: €24k 2023: €6k
2018 → 2024
Working capital
€-3k▲ 20.4%
2023 · €-4k
2018: €-24k 2019: €-18k 2020: €-5k 2021: €17k 2022: €-7k 2023: €-4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-4k-€23k€180▼ 99.2%€6k▲ 3,424%€-3k
Operating result€22k-€40k▲ 84.3%€38k▼ 4.9%€17k▼ 54.4%€3k▼ 85.2%
Net result€14k-€27k▲ 88.9%€24k▼ 10.8%€6k▼ 74.0%€-10k
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €22k€22kNet result 2020: €14k€14kOperating result 2021: €40k€40kNet result 2021: €27k€27kOperating result 2022: €38k€38kNet result 2022: €24k€24kOperating result 2023: €17k€17kNet result 2023: €6k€6kOperating result 2024: €3k€3kNet result 2024: €-10k€-10k20202021202220232024
The operating result has fallen three years in a row; 2024 is 85% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets €5k▼ 50.5%
Current assets €39k▲ 62.9%
Key figures and ratios
2024 value · change against 2023
EBITDA
€8k
2023 · €24k
Cash flow
€-4k
2023 · €13k
Solvency
-7.6%
2023 · 18.6%
Current ratio
0.92
2023 · 0.85
Quick ratio
0.92
2023 · 0.85
Debt / equity
-14.11
2023 · 4.38
ROA
-22.1%
2023 · 18.1%
Interest coverage
1.21
2023 · 13.12
Debt
€47k
2023 · €28k
Debt ≤ 1 year
€42k
2023 · €28k
Debt > 1 year
€5k
Income taxes
€5k
2023 · €9k
Staff costs
€80k
2023 · €84k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€34k€44k
Fixed assets21/28€10k€5k
Tangible fixed assets22/27€10k€5k
Furniture and vehicles24€10k€5k
Financial fixed assets28-€600
Current assets29/58€24k€39k
Amounts receivable within one year40/41€24k€25k
Trade receivables40€16k€15k
Other amounts receivable41€7k€9k
Cash at bank and in hand54/58€0€14k
Deferred charges and accrued income490/1-€426
Equity and liabilities
Total equity and liabilities10/49€34k€44k
Equity10/15€6k€-3k
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€180€-10k
Amounts payable17/49€28k€47k
Amounts payable after more than one year17-€5k
Financial debts170/4-€5k
Amounts payable within one year42/48€28k€42k
Current portion of amounts payable after more than one year42-€12k
Financial debts43€10k€10k
Credit institutions430/8€10k€10k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€15k€18k
Taxes450/3€9k€8k
Remuneration and social security454/9€6k€10k
Accrued charges and deferred income492/3-€52
Income statement Code20232024
Remuneration, social security and pensions62€84k€80k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k
Other operating charges640/8€676€680
Gross operating margin9900€108k€89k
Operating profit (loss)9901€17k€3k
Financial income75/76B€30€0
Recurring financial income75€30€0
Financial charges65/66B€2k€7k
Recurring financial charges65€2k€7k
Profit (loss) for the period before taxes9903€16k€-4k
Income taxes67/77€9k€5k
Profit (loss) for the period9904€6k€-10k
Profit (loss) for the period to be appropriated9905€6k€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-10k
Profit (loss) brought forward from the previous period14P€180€180=
Transfer to equity691/2€6k-
To the legal reserve6920€6k-
Social balance
Average headcount (FTE)90872.0-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €-10k ▼257%
Net result drops to €-10k, the lowest in the series.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
21-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2018net €27k ▲88.9%
Operating result €40k, net result €27k, both a record.
31-12
Financial Liquidity triplescurrent ratio 2.04
Current ratio from 0.65 to 2.04.
28-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
19-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
11-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 133 days late
31-01
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 184 days late
2017
24-02
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 208 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, Grez-Doiceau · 1 establishment unit since 1995
establishment The establishment unit on the map
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.

Allée Ferme du Bercuit 51390 Grez-Doiceau
Ground area
1,291 m²
Building footprint
597 m²
Volume, LiDAR
15,768 m³
Parcel 21019A0206/00H005, Brussels · tallest building 29.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
CENTURY 21 Aximm
de Broquevillelaan 12, 1150 Sint-Pieters-WoluweReal estate activities
since 19952.073.847.033
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21019A0206/00H005 Brussels 1,291 m² 1 · 597 m² 29.1 m · 9 fl.
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 17,993 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-05-1995
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
74142
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries
E-mail:ademcosrl@icloud.com
Enterprise
Establishment Sint-Pieters-Woluwe 2.073.847.033
E-mail:ad@century21aximm.be
Establishment Sint-Pieters-Woluwe 2.073.847.033
Phone:0475742903
Establishment Sint-Pieters-Woluwe 2.073.847.033