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ADEVE

Active Private limited company (pre-2019)founded 2018active for 8 yearsChaussée Brunehault 187, 7134 BincheKBO/BCE: BE 0704.686.984

Lifetime

7 annual accounts with figures on one time axis
peak €24,069 (2024)
€24,069▲ 302%
lowest -€9,160 (2019)
€12,084▲ 143%
peak €14,755 (2024)
€14,755▲ 452%
€12,170▲ 6.9%
Board1 name since 2018
1 director
Documentsfilings and deeds
01-11-202593 days late
2024micro format
Gross margin from €5,982 to €24,069Result from €4,968 to €12,084Equity from €2,671 to €14,755Investments €3,184Cash from €255 to €15,945

Key points

from the 2024 annual accounts

Investments

€3,184 13.1 × depreciation
20212024

Green is investment, beige is depreciation.

Liquidity

1.97 was 1.22 in 2023

Short-term debts rose from €11,384 to €12,139.

Filings

7 annual accounts 105 days past the deadline
AprilJune31 JulyOctober2018202020222024

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as ADEVE has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,973 companies, not a prediction for ADEVE. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 14-09-2018
  • 100 sharesdeed of 20-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0704686984
Incorporation Founding capital of €18,600, 100 shares, €12,400 paid up · Founder: · Appointment: (manager) · published on 20-09-2018 · Gazette deed
First establishment Chaussée Brunehault 187, Binche
All 14 events

Comparable companies

same main activity, similar in size and age
Company
ADEVE Binche €26,925 €24,069 54.8% -
DVH-KOELTECHNIEK Rijkevorsel €28,107 €26,947 30.4% -
JANSSENS TECHNICS Retie €37,810 €20,660 23.8% -
NEF COOLING Aartselaar €35,882 €29,698 7.5% -
CPL Chauffage et sanitaire Braives €31,222 €21,699 53.6% -
AT CHAUFFAGE Charleroi €50,343 €22,286 40.5% -
Universalis Energy Manage €25,821 €24,964 49.5% -

These companies have the same main activity as ADEVE: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €25,800 and €50,300, founded between 2012 and 2020.

Official details

Source: KBO
Status
Active since 18-09-2018Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 5 others
Establishment unit
2.280.205.1307134 Binche, since 18-09-2018
Financial year end
31 December
Peppol
Reachable since 18-09-2025
Company details

Annual accounts 2024

≈ €330,000estimated
€26,925▲ 91.6%
Filing
Filed on 01-11-2025
Financials

Insights on ADEVE

ADEVE files the micro format. That format states no turnover. The gross margin rose from -€3,708 in 2018 to €24,069 in 2024.

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 ADEVE

What is the company number of ADEVE?
The company number of ADEVE is 0704.686.984. The VAT number is the same number with BE in front: BE 0704.686.984.
Where is ADEVE based?
The registered office is at Chaussée Brunehault 187, 7134 Binche.Company details
What does ADEVE do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of ADEVE?
ADEVE is a private limited company (pre-2019) (BVBA).
When was ADEVE founded?
ADEVE was founded on 18-09-2018.
Is ADEVE still active?
Yes, ADEVE is an active enterprise in the KBO register.
What is the turnover of ADEVE?
The turnover in financial year 2024 is ≈ €330,000. This figure is estimated from the gross margin of €24,069 and 31 comparable companies (NACE 43222). It probably lies between €230,000 and €460,000. It is a rough estimate.Financials
Is ADEVE profitable?
In financial year 2024, ADEVE made a profit of €12,084.
Where can I find the annual accounts of ADEVE?
ADEVE filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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