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ADEMIL

Active
Private limited companyfounded 20206 yrs activeRue Rivelaine 14, 1428 Braine-l'Alleud, BelgiumKBO/BCE: BE 0746.424.502
Summary

The computed 12-month bankruptcy probability of ADEMIL is 2.9% (moderate). The 2024 annual accounts show equity of €54,344 and a net result of €143,228. Equity is growing by ~30.1% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency48▼-52
Growth78=
Track record100
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 5.14 in 2023; short-term debt: 77% and cash: 69.3% of total assets), and 77% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
26 d late
2023
24 d late
2022
30 d late
2021
12 d late
2020
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

On 21 April 2020, ADEMIL was incorporated as a Private limited company.1 Total assets went from EUR 18,690 in 2020 to EUR 235,821 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€54,344▼ 66.7%
2023 · €163,003
Total assets
€235,821▲ 16.5%
2023 · €202,412
Net result
€143,228▼ 14.5%
2023 · €167,483
Working capital
€53,217▼ 67.4%
2023 · €163,003
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€15,786-€8,231▼ 47.9%€51,079▲ 521%€201,826▲ 295%€186,434▼ 7.6%
Net result€10,993-€5,242▼ 52.3%€36,109▲ 589%€167,483▲ 364%€143,228▼ 14.5%
Equity€12,993-€18,235▲ 40.3%€54,344▲ 198%€163,003▲ 200%€54,344▼ 66.7%
Total assets€18,690-€29,722▲ 59.0%€73,779▲ 148%€202,412▲ 174%€235,821▲ 16.5%
Debt€5,697-€11,487▲ 102%€19,436▲ 69.2%€39,409▲ 103%€181,478▲ 360%
Working capital€12,572-€18,235▲ 45.0%€54,344▲ 198%€163,003▲ 200%€53,217▼ 67.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2020: €15,786€15,786Net result 2020: €10,993€10,993Operating result 2021: €8,231€8,231Net result 2021: €5,242€5,242Operating result 2022: €51,079€51,079Net result 2022: €36,109€36,109Operating result 2023: €201,826€201,826Net result 2023: €167,483€167,483Operating result 2024: €186,434€186,434Net result 2024: €143,228€143,22820202021202220232024€0€100,000€200,000Operating result 2022: €51,079€51,100Net result 2022: €36,109€36,100Operating result 2023: €201,826€202,000Net result 2023: €167,483€167,000Operating result 2024: €186,434€186,000Net result 2024: €143,228€143,000202220232024
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €235,821
Fixed assets €1,127
Current assets €234,694
Equity and liabilities €235,821
Equity €54,344 ▼ 66.7%
Debt €181,478 ▲ 360%
Debt's share of the balance-sheet total rises from 19.5% to 77.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€186,607
Cash flow
€143,401
Current ratio
1.29▼
2023 · 5.14
Debt to equity
3.34▲
2023 · 0.24
ROE
263.6%▲
2023 · 102.7%
ROA
60.7%▼
2023 · 82.7%
Interest coverage
719.54
Debt ≤ 1 year
€181,478▲
2023 · €39,409
Income taxes
€43,622▲
2023 · €34,387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€202,412€235,821▲
Fixed assets21/28-€1,127
Tangible fixed assets22/27-€1,127
Furniture and vehicles24-€1,127
Current assets29/58€202,412€234,694▲
Amounts receivable within one year40/41-€71,205
Trade receivables40-€71,205
Cash at bank and in hand54/58€114,998€163,489▲
Deferred charges and accrued income490/1€87,414-
Equity and liabilities
Total equity and liabilities10/49€202,412€235,821▲
Equity10/15€163,003€54,344▼
Contributions10/11€2,000€2,000=
Reserves13€52,344€52,344=
Distributable reserves133€52,344€52,344=
Profit (loss) carried forward14€108,659-
Amounts payable17/49€39,409€181,478▲
Amounts payable within one year42/48€39,409€181,478▲
Trade debts44€3,152€1,397▼
Suppliers440/4€3,152€1,397▼
Taxes, remuneration and social security45€33,156€60,087▲
Taxes450/3€33,156€60,087▲
Other amounts payable47/48€3,101€119,993▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€173
Other operating charges640/8€447€525▲
Gross operating margin9900€202,274€187,132▼
Operating profit (loss)9901€201,826€186,434▼
Financial income75/76B€171€675▲
Recurring financial income75€171€675▲
Financial charges65/66B€127€259▲
Recurring financial charges65€127€259▲
Profit (loss) for the period before taxes9903€201,870€186,850▼
Income taxes67/77€34,387€43,622▲
Profit (loss) for the period9904€167,483€143,228▼
Profit (loss) for the period to be appropriated9905€167,483€143,228▼
Appropriation of the result
Profit (loss) to be appropriated9906€167,483€251,887▲
Profit (loss) brought forward from the previous period14P-€108,659
Profit to be distributed694/7€58,824€251,887▲
Return on contributions (dividend)694€58,824€251,887▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€979€421--€173-
Other operating charges640/8-€348€533€447€525▲ 17.4%
Gross operating margin9900€17,112€8,999€51,611€202,274€187,132▼ 7.5%
Operating profit (loss)9901€15,786€8,231€51,079€201,826€186,434▼ 7.6%
Financial income75/76B-€1-€171€675▲ 295%
Recurring financial income75-€1-€171€675▲ 295%
Financial charges65/66B-€137€151€127€259▲ 105%
Recurring financial charges65€75€137€151€127€259▲ 105%
Profit (loss) for the period before taxes9903€15,710€8,095€50,928€201,870€186,850▼ 7.4%
Income taxes67/77€4,717€2,853€14,819€34,387€43,622▲ 26.9%
Profit (loss) for the period9904€10,993€5,242€36,109€167,483€143,228▼ 14.5%
Profit (loss) for the period to be appropriated9905€10,993€5,242€36,109€167,483€143,228▼ 14.5%
Line20202021202220232024Change
Assets
Total assets20/58€18,690€29,722€73,779€202,412€235,821▲ 16.5%
Formation expenses20€421€0----
Fixed assets21/28----€1,127-
Tangible fixed assets22/27----€1,127-
Furniture and vehicles24----€1,127-
Current assets29/58€18,269€29,722€73,779€202,412€234,694▲ 15.9%
Amounts receivable within one year40/41€150€2,143--€71,205-
Trade receivables40-€2,143--€71,205-
Cash at bank and in hand54/58€11,122€20,543€21,335€114,998€163,489▲ 42.2%
Deferred charges and accrued income490/1-€7,036€52,445€87,414--
Equity and liabilities
Total equity and liabilities10/49€18,690€29,722€73,779€202,412€235,821▲ 16.5%
Equity10/15€12,993€18,235€54,344€163,003€54,344▼ 66.7%
Contributions10/11-€2,000€2,000€2,000€2,000=
Reserves13€10,993€16,235€52,344€52,344€52,344=
Distributable reserves133-€16,235€52,344€52,344€52,344=
Profit (loss) carried forward14---€108,659--
Amounts payable17/49€5,697€11,487€19,436€39,409€181,478▲ 360%
Amounts payable within one year42/48€5,697€11,487€19,436€39,409€181,478▲ 360%
Trade debts44€41€2,773€305€3,152€1,397▼ 55.7%
Suppliers440/4-€2,773€305€3,152€1,397▼ 55.7%
Taxes, remuneration and social security45-€7,571€17,795€33,156€60,087▲ 81.2%
Taxes450/3-€7,571€17,795€33,156€60,087▲ 81.2%
Other amounts payable47/48-€1,143€1,336€3,101€119,993▲ 3,770%
Line20202021202220232024Change
Profit (loss) for the period9904€10,993€5,242€36,109€167,483€143,228▼ 14.5%
+ Depreciation and write-downs630€979€421--€173-
Operating cash flow (approximation)€11,972€5,663€36,109€167,483€143,401▼ 14.4%
Change in cash-€9,421€792€93,664€48,491▼ 48.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
24-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial Highest result since 2020net €167,483 ▲364%
Operating result €201,826, net result €167,483, both a record.
31-12
Financial Equity above €150,000Eq €163,003 ▲200%
4 profitable years in a row build equity to €163,003.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
12-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial Weakest financial yearnet €5,242 ▼52.3%
Net result drops to €5,242, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Braine-l'Alleud · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,501 m²
Building footprint
75 m²
Volume, LiDAR
698 m³
Parcel 25054A0071/00R000, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Rivelaine 14, 1428 Braine-l'Alleud
Specialist medical practice
since 20202.302.151.379
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25054A0071/00R000 Wallonia 1,501 m² 1 · 75 m² 11.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded21-04-2020
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.