ADFid
ActiveSummary
ADFid has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €157,728 and a net result of €127,914. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency79▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.59 in 2024; short-term debt: 46.1% and cash: 32.1% of total assets), and 46.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.8%
Return on assets
43.6%
Age of the figures
9 mo
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 12-02-2026, 169 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
169 d early
2024
164 d early
2023
162 d early
2022
101 d early
2021
167 d early
2020
173 d early
2019
179 d early
← 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 159 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€157,728=
2024 · €157,728
Total assets
€293,177▼ 12.0%
2024 · €333,111
Net result
€127,914▼ 7.2%
2024 · €137,822
Working capital
€112,985▲ 9.7%
2024 · €103,011
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting 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€130,261▲ 3.9%€157,387▲ 20.8%€195,541▲ 24.2%€177,677▼ 9.1%€176,324▼ 0.8%
Net result€101,272above the sector's middle half▲ 13.7%€121,689above the sector's middle half▲ 20.2%€149,203above the sector's middle half▲ 22.6%€137,822above the sector's middle half▼ 7.6%€127,914above the sector's middle half▼ 7.2%
Equity€242,469within the sector's middle half▲ 71.7%€142,469within the sector's middle half▼ 41.2%€157,728within the sector's middle half▲ 10.7%€157,728within the sector's middle half=€157,728within the sector's middle half=
Total assets€325,552within the sector's middle half▲ 51.4%€286,438within the sector's middle half▼ 12.0%€316,062within the sector's middle half▲ 10.3%€333,111within the sector's middle half▲ 5.4%€293,177within the sector's middle half▼ 12.0%
Debt€83,084▲ 12.6%€143,970▲ 73.3%€158,334▲ 10.0%€175,383▲ 10.8%€135,448▼ 22.8%
Working capital€238,950above the sector's middle half▲ 73.5%€137,787within the sector's middle half▼ 42.3%€92,638within the sector's middle half▼ 32.8%€103,011within the sector's middle half▲ 11.2%€112,985within the sector's middle half▲ 9.7%
Solvency74.5%within the sector's middle half▲ 8.8pp49.7%within the sector's middle half▼ 24.7pp49.9%within the sector's middle half▲ 0.2pp47.4%within the sector's middle half▼ 2.6pp53.8%within the sector's middle half▲ 6.4pp
Current ratio3.88within the sector's middle half▲ 1.011.96within the sector's middle half▼ 1.921.59within the sector's middle half▼ 0.371.59within the sector's middle half=1.84within the sector's middle half▲ 0.25
Return on assets (ROA)31.1%above the sector's middle half▼ 10.3pp42.5%above the sector's middle half▲ 11.4pp47.2%above the sector's middle half▲ 4.7pp41.4%above the sector's middle half▼ 5.8pp43.6%above the sector's middle half▲ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting 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 has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293,177
Fixed assets
€45,143 ▼ 17.5%
Current assets
€248,034 ▼ 10.9%
Equity and liabilities €293,177
Equity
€157,728 =
Debt
€135,448 ▼ 22.8%
Debt's share of the balance-sheet total falls from 52.6% to 46.2%. Debt is lower.
Key figures and ratios
EBITDA
€186,513▼
2024 · €188,331
Cash flow
€138,104▼
2024 · €148,477
Debt to equity
0.86▼
2024 · 1.11
ROE
81.1%▼
2024 · 87.4%
Interest coverage
1660.40▲
2024 · 718.82
Debt ≤ 1 year
€135,049▼
2024 · €175,383
Income taxes
€50,877▲
2024 · €40,581
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
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 lower bankruptcy probability: 0.2% 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%.
| 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 26,970 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €9,680 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,493 | €1,774 | €3,464 | €10,655 | €10,189 | ▼ 4.4% |
| Other operating charges640/8 | - | €722 | €578 | €388 | €186 | ▼ 52.0% |
| Non-recurring operating charges66A | - | €72 | - | €773 | €349 | ▼ 54.9% |
| Gross operating margin9900 | €134,052 | €159,957 | €199,583 | €189,493 | €187,048 | ▼ 1.3% |
| Operating profit (loss)9901 | €130,261 | €157,387 | €195,541 | €177,677 | €176,324 | ▼ 0.8% |
| Financial income75/76B | - | €456 | €922 | €989 | €2,581 | ▲ 161% |
| Recurring financial income75 | €56 | €456 | €922 | €989 | €2,581 | ▲ 161% |
| Financial charges65/66B | - | €694 | €2,037 | €262 | €112 | ▼ 57.1% |
| Recurring financial charges65 | €460 | €694 | €2,037 | €262 | €112 | ▼ 57.1% |
| Profit (loss) for the period before taxes9903 | €129,857 | €157,150 | €194,426 | €178,404 | €178,792 | ▲ 0.2% |
| Income taxes67/77 | €28,585 | €35,461 | €45,223 | €40,581 | €50,877 | ▲ 25.4% |
| Profit (loss) for the period9904 | €101,272 | €121,689 | €149,203 | €137,822 | €127,914 | ▼ 7.2% |
| Profit (loss) for the period to be appropriated9905 | €101,272 | €121,689 | €149,203 | €137,822 | €127,914 | ▼ 7.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €325,552 | €286,438 | €316,062 | €333,111 | €293,177 | ▼ 12.0% |
| Fixed assets21/28 | €3,518 | €4,681 | €65,295 | €54,718 | €45,143 | ▼ 17.5% |
| Tangible fixed assets22/27 | €3,518 | €4,681 | €65,295 | €54,718 | €45,143 | ▼ 17.5% |
| Plant, machinery and equipment23 | - | €744 | €2,567 | €1,958 | €1,400 | ▼ 28.5% |
| Furniture and vehicles24 | - | €3,937 | €62,728 | €52,760 | €43,743 | ▼ 17.1% |
| Current assets29/58 | €322,034 | €281,757 | €250,767 | €278,393 | €248,034 | ▼ 10.9% |
| Amounts receivable within one year40/41 | - | - | €1,526 | €15,000 | €4,958 | ▼ 66.9% |
| Trade receivables40 | - | - | - | €15,000 | - | - |
| Other amounts receivable41 | - | - | €1,526 | - | €4,958 | - |
| Current investments50/53 | €36,586 | €54,148 | €67,956 | €117,956 | €142,843 | ▲ 21.1% |
| Cash at bank and in hand54/58 | €285,001 | €222,273 | €175,391 | €139,394 | €94,235 | ▼ 32.4% |
| Deferred charges and accrued income490/1 | - | €5,337 | €5,894 | €6,044 | €5,998 | ▼ 0.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €325,552 | €286,438 | €316,062 | €333,111 | €293,177 | ▼ 12.0% |
| Equity10/15 | €242,469 | €142,469 | €157,728 | €157,728 | €157,728 | = |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €139,196 | €139,196 | €154,456 | €154,456 | €155,728 | ▲ 0.8% |
| Distributable reserves133 | - | €139,196 | €154,456 | €154,456 | €155,728 | ▲ 0.8% |
| Profit (loss) carried forward14 | €101,272 | €1,272 | €1,272 | €1,272 | - | - |
| Amounts payable17/49 | €83,084 | €143,970 | €158,334 | €175,383 | €135,448 | ▼ 22.8% |
| Amounts payable within one year42/48 | €83,084 | €143,970 | €158,128 | €175,383 | €135,049 | ▼ 23.0% |
| Trade debts44 | €77 | €204 | €1,853 | €242 | €86 | ▼ 64.5% |
| Suppliers440/4 | - | €204 | €1,853 | €242 | €86 | ▼ 64.5% |
| Taxes, remuneration and social security45 | - | €20,089 | €20,702 | €28,305 | €32,563 | ▲ 15.0% |
| Taxes450/3 | - | €20,089 | €20,702 | €28,305 | €32,563 | ▲ 15.0% |
| Other amounts payable47/48 | - | €123,676 | €135,573 | €146,835 | €102,400 | ▼ 30.3% |
| Accrued charges and deferred income492/3 | - | - | €206 | - | €400 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €101,272 | €121,689 | €149,203 | €137,822 | €127,914 | ▼ 7.2% |
| + Depreciation and write-downs630 | €3,493 | €1,774 | €3,464 | €10,655 | €10,189 | ▼ 4.4% |
| Operating cash flow (approximation) | €104,765 | €123,464 | €152,667 | €148,477 | €138,104 | ▼ 7.0% |
| Investment in fixed assets (approximation) | - | -€2,937 | -€64,078 | -€77 | -€615 | ▼ 699% |
| Change in cash | - | -€62,728 | -€46,881 | -€35,998 | -€45,159 | ▼ 25.4% |
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
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €149,203 ▲22.6%
Operating result €195,541, net result €149,203, both a record.
31-12
Financial
Equity above €150,000Eq €157,728 ▲10.7%
5 profitable years in a row build equity to €157,728.
21-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200,000Eq €242,469 ▲71.7%
3 profitable years in a row build equity to €242,469.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €141,196 ▲167%
2 profitable years in a row build equity to €141,196.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Tielt-Winge · 1 establishment unit since 2019
Ground area
1,328 m²
Building footprint
157 m²
Volume, LiDAR
916 m³
Parcel 24106B0540/00D000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADFid
since 20192.289.678.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106B0540/00D000 | Flanders | 1,328 m² | 1 · 157 m² | 8.9 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
9845007037660445F079
Similar companies · same sector, comparable size
DRIEBOOM
BE 0465.601.780
Genk · Eq €157,700
KANTOOR LUT & PARTNERS
BE 0860.329.424
Jabbeke · Eq €157,669
COFIGES VDM
BE 0464.356.717
Elsene · Eq €157,667
FINNEX
BE 0754.517.369
Antwerpen · Eq €157,617
Lieve Braeckmans Accountant
BE 0818.657.432
Ranst · Eq €157,592
Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,516 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727626890
Also
9925:BE0727626890
Registered
12-11-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.