Result
-€120,054 -€120,054
From profit to loss in 2025, after a profit of €104,235 in 2024.
ADEQUATION
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2003peak €332,710 (2024)
-€91,265▼ €423,975
lowest -€120,054 (2025)
-€120,054▼ €224,289
peak €865,851 (2024)
€745,797▼ 13.9%
€186,830▲ 55.3%
peak 1 FTE (2019)
-not published
Board3 names since 2019
1 director
Documentsfilings and deeds
11-02-202611 days late
2025micro format
Gross margin from €332,710 to -€91,265Loss of €120,054Equity from €865,851 to €745,797Debts from €120,265 to €186,830Investments €45,898Cash from €344,568 to €69,010
Key points
from the 2025 annual accountsInvestments
€56,106 2.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
13.87 was 7.52 in 2024
Short-term debts fell from €120,265 to €59,484.
Filings
23 annual accounts since 2003
The 2025 accounts came 11 days late. The other nine of the last ten were filed on time.
At the same address
18 companies
Position in the sector
-€120,054
Lower net result than 95% of companies in real estate. Sector median €5,857 · 19,817 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 926 companies had the same profile as ADEQUATION has now. Each dot stands for 3 companies, two years later.
90.0%
were still trading
9.0%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 926 companies, not a prediction for ADEQUATION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 20-12-2023
- 950 sharesdeed of 02-01-2024
- 50 sharesdeed of 02-01-2024
Shares in 6 companies, including and
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476566839
First establishment
Chaussée de Bruxelles 6E, Genappe
New director
appointed, resigned · “Dans un but patrimonial ou dans un but commercial,pour compte propre ou pour compte de tiers,toutes opérations…” (deed in French) · holds 950 shares · General meeting of 20-12-2023 · Gazette deed
Resignation: (director)
Appointment: (director) · Director discharge: · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADEQUATION Genappe | €0.9m | -€91,265 | 80.0% | - |
| LA MAISON DU BIJOU Waterloo | €0.9m | -€14,279 | 61.1% | - |
| Dokter Vanfleteren Etienne Ingelmunster | €1.0m | -€46,874 | 18.1% | - |
| ASTACUS Viroinval | €1.1m | -€8,917 | -18.2% | 0 |
| HANGAR 19 Liège | €0.8m | -€27,517 | 1.9% | - |
| LE MOULIN DE WAYS Genappe | €1.0m | -€26,822 | -21.1% | - |
| REIGER II Zonhoven | €1.0m | -€426,736 | -87.6% | - |
These companies have the same main activity as ADEQUATION: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €813,000 and €1.1m, founded between 1992 and 2006.
Official details
Source: KBO- Status
- Active since 08-01-2002Normal situation
- Registered office
- 19 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 1 other
- Establishment unit
- 2.362.852.1971470 Genappe, since 17-06-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 05-12-2025
Insights on ADEQUATION
ADEQUATION files the micro format. That format states no turnover. The gross margin fell from -€35,047 in 2007 to -€91,265 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADEQUATION
- What is the company number of ADEQUATION?
- The company number of ADEQUATION is 0476.566.839. The VAT number is the same number with BE in front: BE 0476.566.839.
- Where is ADEQUATION based?
- The registered office is at Chaussée de Bruxelles 6, 1470 Genappe.Company details
- What does ADEQUATION do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of ADEQUATION?
- ADEQUATION is a private limited company (BV).
- When was ADEQUATION founded?
- ADEQUATION was founded on 08-01-2002.
- Is ADEQUATION still active?
- Yes, ADEQUATION is an active enterprise in the KBO register.
- How many employees does ADEQUATION have?
- ADEQUATION had an average of 0.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of ADEQUATION?
- The annual accounts for financial year 2025 state no turnover.
- Is ADEQUATION profitable?
- In financial year 2025, ADEQUATION made a loss of €120,054.
- Where can I find the annual accounts of ADEQUATION?
- ADEQUATION filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADEQUATION due?
- ADEQUATION must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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