Result
€362,697 ▲ 14×
The result rose in 2025 from €26,042 to €362,697.
ADESHA
Lifetime
2 annual accounts with figures on one time axispeak €485,355 (2025)
€485,355▲ 15×
peak €362,697 (2025)
€362,697▲ 14×
peak €408,739 (2025)
€408,739▲ 788%
€182,181▲ 16×
peak 0.1 FTE (2025)
0.1 FTE
Board1 name since 2024
1 directorHolvoet Jean-Patrick
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Gross margin from €33,034 to €485,355Result from €26,042 to €362,697Equity from €46,042 to €408,739Debts from €11,318 to €182,181Cash from €24,642 to €517,956
Key points
from the 2025 annual accountsTurnover
≈ €740,000 estimated
The abbreviated format states no turnover.
Debts
€182,181 ▲ 16×
Debts rose by €170,862 in 2025.
Liquidity
3.24 was 5.07 in 2024
Short-term debts rose from €11,318 to €182,181.
Starting capital
€20,000 200 shares
Position in the sector
€362,697
Higher net result than 88% of companies in head offices and management consultancy. Sector median €37,527 · 10,855 companies.
Checked score
98
Excellent
Financially stronger than 82% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,568 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: < 0.1%
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.24, cash €517,956
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €408,739 (69.2% of total assets)
Size: 0.1 FTE, total assets €590,920
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 65% of them on solvency, 79% on liquidity, 84% on profitability and 99% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ADESHA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
The bankruptcy probability of ADESHA itself is lower: < 0.1% within 12 months. It rests on far more data about ADESHA than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for ADESHA. 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
Credit of up to €40,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.24 (5.07 in 2024), above the usual 1.5. Short-term debt is 30.8% and cash 87.7% of total assets. 30.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
28 days early
2024
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 15 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- HOLVOET Jean-Patrick Marie Alain Irène 200 sharesdeed of 03-10-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014471035
Incorporation
Founding capital of €20,000, 200 shares · Founder: HOLVOET Jean-Patrick Marie Alain Irène · Appointment: Holvoet Jean-Patrick (director) · published on 03-10-2024 · Gazette deed
First establishment
Beverlaai 10, Kortrijk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADESHA Kortrijk | €590,920 | €485,355 | 69.2% | 0.1 |
| Philibert Contracting Lanaken | €540,186 | €495,336 | 70.5% | 0 |
| HERMANAS Deerlijk | €550,619 | €331,410 | 79.6% | 0 |
| MB Inc Kontich | €790,566 | €464,598 | 86.1% | 0 |
| New Innovative Management Consult Lanaken | €760,060 | €665,774 | 63.6% | 0 |
| LOML Capital Brussels | €483,438 | €313,896 | 40.2% | 0 |
| INNOVATION SHARING Estaimpuis | €774,755 | €293,054 | 38.2% | 0 |
These companies have the same main activity as ADESHA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €483,000 and €791,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 01-10-2024Normal situation
- Activity
- Business and other management consultancyNACE 70200and 1 other
- Establishment unit
- 2.371.473.5198500 Kortrijk, since 01-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 18-03-2025
Annual accounts 2025
- €590,920▲ 930%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on ADESHA
ADESHA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €408,739 and a net result of €362,697.
Its solvency ranks better than 66% of 10,855 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
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 ADESHA
- What is the company number of ADESHA?
- The company number of ADESHA is 1014.471.035. The VAT number is the same number with BE in front: BE 1014.471.035.
- Where is ADESHA based?
- The registered office is at Beverlaai 10, 8500 Kortrijk.Company details
- What does ADESHA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of ADESHA?
- ADESHA is a private limited company (BV).
- When was ADESHA founded?
- ADESHA was founded on 01-10-2024.
- Is ADESHA still active?
- Yes, ADESHA is an active enterprise in the KBO register.
- How many employees does ADESHA have?
- ADESHA had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ADESHA?
- The turnover in financial year 2025 is ≈ €740,000. This figure is estimated from the gross margin of €485,355 and 74 comparable companies (NACE 70200). It probably lies between €570,000 and €1.3m.
- Is ADESHA profitable?
- In financial year 2025, ADESHA made a profit of €362,697.
- Where can I find the annual accounts of ADESHA?
- ADESHA filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADESHA due?
- ADESHA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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