ADERYS IMMO
ActiveSummary
ADERYS IMMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,369) and a net result of -€13,213. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 10% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-21
Solvency13▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.31 against 0.19 in 2024; short-term debt: 50.6% and cash: 0.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-12.4%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€56,369
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
85 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€56,369▼ 30.6%
2024 · -€43,156
Total assets
€454,032▲ 7.6%
2024 · €421,770
Net result
-€13,213
2024 · €4,399
Working capital
-€158,759▼ 35.5%
2024 · -€117,178
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€21,132▼ 2.7%€14,610▼ 30.9%-€5,964€13,302-€5,315
Net result€10,921within the sector's middle half▲ 7.9%€4,789within the sector's middle half▼ 56.1%-€15,857below the sector's middle half€4,399within the sector's middle half-€13,213below the sector's middle half
Equity-€36,488below the sector's middle half▲ 23.0%-€31,699below the sector's middle half▲ 13.1%-€47,556below the sector's middle half▼ 50.0%-€43,156below the sector's middle half▲ 9.3%-€56,369below the sector's middle half▼ 30.6%
Total assets€463,853above the sector's middle half▼ 6.4%€446,117above the sector's middle half▼ 3.8%€441,229above the sector's middle half▼ 1.1%€421,770above the sector's middle half▼ 4.4%€454,032above the sector's middle half▲ 7.6%
Debt€500,341▼ 7.9%€477,816▼ 4.5%€488,785▲ 2.3%€464,926▼ 4.9%€510,401▲ 9.8%
Working capital-€49,717below the sector's middle half▲ 20.9%-€61,175below the sector's middle half▼ 23.0%-€94,905below the sector's middle half▼ 55.1%-€117,178below the sector's middle half▼ 23.5%-€158,759below the sector's middle half▼ 35.5%
Solvency-7.9%below the sector's middle half▲ 1.7pp-7.1%below the sector's middle half▲ 0.8pp-10.8%below the sector's middle half▼ 3.7pp-10.2%below the sector's middle half▲ 0.5pp-12.4%below the sector's middle half▼ 2.2pp
Current ratio0.28below the sector's middle half▼ 0.060.26below the sector's middle half▼ 0.020.28below the sector's middle half▲ 0.010.19below the sector's middle half▼ 0.080.31below the sector's middle half▲ 0.12
Return on assets (ROA)2.4%within the sector's middle half▲ 0.3pp1.1%within the sector's middle half▼ 1.3pp-3.6%below the sector's middle half▼ 4.7pp1.0%within the sector's middle half▲ 4.6pp-2.9%below the sector's middle half▼ 4.0pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,315 after €13,302 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €454,032
Fixed assets
€383,079 ▼ 2.7%
Current assets
€70,952 ▲ 152%
Key figures and ratios
EBITDA
€6,110▼
2024 · €24,663
Cash flow
-€1,787▼
2024 · €15,761
Debt to equity
-9.05▲
2024 · -10.77
Interest coverage
0.77▼
2024 · 2.77
Debt ≤ 1 year
€229,712▲
2024 · €145,352
Debt > 1 year
€280,689▼
2024 · €319,575
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
2.0%
went bankrupt
2.8%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,167 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,201 | €20,201 | €19,439 | €11,361 | €11,426 | ▲ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €6,197 | - |
| Other operating charges640/8 | €5,041 | €6,052 | €5,285 | €6,876 | €6,313 | ▼ 8.2% |
| Non-recurring operating charges66A | - | - | €11 | €0 | - | - |
| Gross operating margin9900 | €46,374 | €40,862 | €18,770 | €31,540 | €18,620 | ▼ 41.0% |
| Operating profit (loss)9901 | €21,132 | €14,610 | -€5,964 | €13,302 | -€5,315 | ▼ 140% |
| Financial income75/76B | €0 | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | €10,211 | €9,820 | €9,893 | €8,903 | €7,898 | ▼ 11.3% |
| Recurring financial charges65 | €10,211 | €9,820 | €9,893 | €8,903 | €7,898 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €10,921 | €4,789 | -€15,857 | €4,399 | -€13,213 | ▼ 400% |
| Profit (loss) for the period9904 | €10,921 | €4,789 | -€15,857 | €4,399 | -€13,213 | ▼ 400% |
| Profit (loss) for the period to be appropriated9905 | €10,921 | €4,789 | -€15,857 | €4,399 | -€13,213 | ▼ 400% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €463,853 | €446,117 | €441,229 | €421,770 | €454,032 | ▲ 7.6% |
| Fixed assets21/28 | €444,547 | €424,347 | €404,957 | €393,596 | €383,079 | ▼ 2.7% |
| Tangible fixed assets22/27 | €444,547 | €424,347 | €404,957 | €393,596 | €383,079 | ▼ 2.7% |
| Land and buildings22 | €439,626 | €421,838 | €404,610 | €393,423 | €382,235 | ▼ 2.8% |
| Plant, machinery and equipment23 | - | - | - | - | €845 | - |
| Furniture and vehicles24 | €4,922 | €2,509 | €347 | €173 | €0 | ▼ 100% |
| Current assets29/58 | €19,305 | €21,770 | €36,272 | €28,174 | €70,952 | ▲ 152% |
| Amounts receivable within one year40/41 | €11,395 | €15,623 | €36,200 | €15,749 | €69,485 | ▲ 341% |
| Trade receivables40 | €11,392 | €15,621 | €36,182 | €15,705 | €65,948 | ▲ 320% |
| Other amounts receivable41 | €4 | €3 | €18 | €44 | €3,537 | ▲ 7,875% |
| Cash at bank and in hand54/58 | €7,838 | €2,411 | €0 | €12,424 | €1,467 | ▼ 88.2% |
| Deferred charges and accrued income490/1 | €72 | €3,736 | €72 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €463,853 | €446,117 | €441,229 | €421,770 | €454,032 | ▲ 7.6% |
| Equity10/15 | -€36,488 | -€31,699 | -€47,556 | -€43,156 | -€56,369 | ▼ 30.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€55,088 | -€50,299 | -€66,156 | -€61,756 | -€74,969 | ▼ 21.4% |
| Amounts payable17/49 | €500,341 | €477,816 | €488,785 | €464,926 | €510,401 | ▲ 9.8% |
| Amounts payable after more than one year17 | €431,319 | €394,871 | €357,608 | €319,575 | €280,689 | ▼ 12.2% |
| Financial debts170/4 | €431,319 | €394,871 | €357,608 | €319,575 | €280,689 | ▼ 12.2% |
| Amounts payable within one year42/48 | €69,022 | €82,945 | €131,177 | €145,352 | €229,712 | ▲ 58.0% |
| Current portion of amounts payable after more than one year42 | €35,831 | €36,509 | €37,263 | €38,033 | €38,885 | ▲ 2.2% |
| Financial debts43 | - | - | €1,728 | €0 | - | - |
| Credit institutions430/8 | - | - | €1,728 | €0 | - | - |
| Trade debts44 | €3,470 | €15,400 | €60,192 | €61,083 | €139,449 | ▲ 128% |
| Suppliers440/4 | €3,470 | €15,400 | €60,192 | €61,083 | €139,449 | ▲ 128% |
| Other amounts payable47/48 | €29,721 | €31,036 | €31,994 | €46,236 | €51,378 | ▲ 11.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,921 | €4,789 | -€15,857 | €4,399 | -€13,213 | ▼ 400% |
| + Depreciation and write-downs630 | €20,201 | €20,201 | €19,439 | €11,361 | €11,426 | ▲ 0.6% |
| Operating cash flow (approximation) | €31,122 | €24,990 | €3,582 | €15,761 | -€1,787 | ▼ 111% |
| Investment in fixed assets (approximation) | - | €0 | -€49 | €0 | -€909 | - |
| Change in cash | - | -€5,427 | -€2,411 | €12,424 | -€10,957 | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €4,399
Net result €4,399 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2019net €10,921 ▲7.9%
Net result €10,921, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €10,124
Net result €10,124 after one loss-making year.
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 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, Waterloo · 1 establishment unit since 2019
Ground area
1.0 ha
Building footprint
1,772 m²
Volume, LiDAR
33,713 m³
Parcel 25763M0621/00F000, Wallonia · tallest building 22.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ADERYS IMMO
since 20192.286.042.649
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763M0621/00F000indicative | Wallonia | 1.0 ha | 1 · 1,772 m² | 22.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
0 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,516 companies in sector 82990 we hold annual accounts for 9,419. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719905492
Also
9925:BE0719905492
Registered
15-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.