ADFK SERVICES
ActiveSummary
ADFK SERVICES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23,763 and a net result of €60,169. Equity is growing by ~16.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency49▼-16
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.71 in 2023; short-term debt: 64.8% and cash: 38.1% of total assets), and 75.7% of the assets are financed with debt.
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Signals
Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
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 2024Solvency, return and age of the figures
Solvency
24.3%
Return on assets
61.6%
Age of the figures
21 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 25-06-2026, 36 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
36 d early
2024
30 d early
2023
30 d early
2022
17 d early
2021
3 d early
2020
25 d early
2019
on the day
← 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 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 2 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€66,293
EBIT margin
-1.6%
Net result
€60,169
2023 · -€18,026
Working capital
€10,104▲ 9.0%
2023 · €9,265
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€66,293
Operating result€44,321-€1,035€30,909-€15,229€72,825
Net result€35,666within the sector's middle half-€1,075below the sector's middle half€24,274within the sector's middle half-€18,026below the sector's middle half€60,169above the sector's middle half
EBIT margin-1.6%
Equity€34,164within the sector's middle half€13,090below the sector's middle half▼ 61.7%€37,363within the sector's middle half▲ 185%€19,338below the sector's middle half▼ 48.2%€23,763below the sector's middle half▲ 22.9%
Total assets€42,946below the sector's middle half€39,161below the sector's middle half▼ 8.8%€68,475below the sector's middle half▲ 74.9%€48,933below the sector's middle half▼ 28.5%€97,615within the sector's middle half▲ 99.5%
Debt€8,782▲ 485%€26,071▲ 197%€31,112▲ 19.3%€29,596▼ 4.9%€73,852▲ 150%
Working capital€34,164within the sector's middle half€11,329below the sector's middle half▼ 66.8%€26,900within the sector's middle half▲ 137%€9,265below the sector's middle half▼ 65.6%€10,104below the sector's middle half▲ 9.0%
Solvency79.6%above the sector's middle half33.4%below the sector's middle half▼ 46.1pp54.6%within the sector's middle half▲ 21.1pp39.5%within the sector's middle half▼ 15.0pp24.3%below the sector's middle half▼ 15.2pp
Current ratio4.89within the sector's middle half1.43within the sector's middle half▼ 3.464.11within the sector's middle half▲ 2.671.71within the sector's middle half▼ 2.391.16below the sector's middle half▼ 0.55
Return on assets (ROA)83.0%above the sector's middle half-2.7%below the sector's middle half▼ 85.8pp35.4%above the sector's middle half▲ 38.2pp-36.8%below the sector's middle half▼ 72.3pp61.6%above the sector's middle half▲ 98.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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 returns to profit in 2024: €72,825 after a loss of €15,229 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €97,615
Fixed assets
€24,237 ▼ 9.2%
Current assets
€73,378 ▲ 230%
Equity and liabilities €97,615
Equity
€23,763 ▲ 22.9%
Debt
€73,852 ▲ 150%
Debt's share of the balance-sheet total rises from 60.5% to 75.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80,978▲
2023 · -€7,934
Cash flow
€68,322▲
2023 · -€10,731
Debt to equity
3.11▲
2023 · 1.53
ROE
253.2%▲
2023 · -93.2%
Interest coverage
46.92▲
2023 · -2.82
Debt ≤ 1 year
€63,274▲
2023 · €12,973
Debt > 1 year
€10,575▼
2023 · €16,623
Income taxes
€11,071▲
2023 · -€21
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,340 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% | 1.8% |
| 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 6,713 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €66,293 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €67,669 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €189 | €2,375 | €7,295 | €8,153 | ▲ 11.8% |
| Other operating charges640/8 | - | - | €1,040 | €769 | €747 | ▼ 2.9% |
| Gross operating margin9900 | €44,321 | -€846 | €34,325 | -€7,164 | €81,725 | ▲ 1,241% |
| Operating profit (loss)9901 | €44,321 | -€1,035 | €30,909 | -€15,229 | €72,825 | ▲ 578% |
| Financial income75/76B | - | €10 | - | - | €142 | - |
| Recurring financial income75 | - | €10 | - | - | €142 | - |
| Financial charges65/66B | - | €37 | €504 | €2,818 | €1,726 | ▼ 38.8% |
| Recurring financial charges65 | €363 | €37 | €504 | €2,818 | €1,726 | ▼ 38.8% |
| Profit (loss) for the period before taxes9903 | €43,957 | -€1,062 | €30,406 | -€18,047 | €71,241 | ▲ 495% |
| Income taxes67/77 | €8,291 | €13 | €6,132 | -€21 | €11,071 | ▲ 52,746% |
| Profit (loss) for the period9904 | €35,666 | -€1,075 | €24,274 | -€18,026 | €60,169 | ▲ 434% |
| Profit (loss) for the period to be appropriated9905 | €35,666 | -€1,075 | €24,274 | -€18,026 | €60,169 | ▲ 434% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42,946 | €39,161 | €68,475 | €48,933 | €97,615 | ▲ 99.5% |
| Fixed assets21/28 | - | €1,761 | €32,921 | €26,695 | €24,237 | ▼ 9.2% |
| Tangible fixed assets22/27 | - | €1,761 | €32,921 | €26,695 | €24,237 | ▼ 9.2% |
| Furniture and vehicles24 | - | €1,761 | €584 | €1,232 | €5,649 | ▲ 358% |
| Leasing and similar rights25 | - | - | €32,337 | €25,463 | €18,589 | ▼ 27.0% |
| Current assets29/58 | €42,946 | €37,400 | €35,554 | €22,238 | €73,378 | ▲ 230% |
| Amounts receivable within one year40/41 | €9,702 | €7,203 | €2,868 | €4,637 | €35,875 | ▲ 674% |
| Trade receivables40 | - | €7,203 | - | €4,637 | €32,933 | ▲ 610% |
| Other amounts receivable41 | - | - | €2,868 | - | €2,942 | - |
| Cash at bank and in hand54/58 | €33,244 | €30,197 | €32,444 | €17,318 | €37,224 | ▲ 115% |
| Deferred charges and accrued income490/1 | - | - | €242 | €282 | €278 | ▼ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42,946 | €39,161 | €68,475 | €48,933 | €97,615 | ▲ 99.5% |
| Equity10/15 | €34,164 | €13,090 | €37,363 | €19,338 | €23,763 | ▲ 22.9% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Capital10 | - | €1,000 | - | - | - | - |
| Issued capital100 | - | €1,000 | - | - | - | - |
| Profit (loss) carried forward14 | €33,164 | €12,090 | €36,363 | €18,338 | €22,763 | ▲ 24.1% |
| Amounts payable17/49 | €8,782 | €26,071 | €31,112 | €29,596 | €73,852 | ▲ 150% |
| Amounts payable after more than one year17 | - | - | €22,458 | €16,623 | €10,575 | ▼ 36.4% |
| Financial debts170/4 | - | - | €22,458 | €16,623 | €10,575 | ▼ 36.4% |
| Amounts payable within one year42/48 | €8,782 | €26,071 | €8,654 | €12,973 | €63,274 | ▲ 388% |
| Current portion of amounts payable after more than one year42 | - | - | €4,723 | €5,835 | €6,048 | ▲ 3.7% |
| Trade debts44 | - | - | €32 | €27 | - | - |
| Suppliers440/4 | - | - | €32 | €27 | - | - |
| Taxes, remuneration and social security45 | - | €5,605 | €2,814 | €5,283 | €1,482 | ▼ 72.0% |
| Taxes450/3 | - | €5,605 | €2,814 | €5,283 | €1,482 | ▼ 72.0% |
| Other amounts payable47/48 | - | €20,466 | €1,085 | €1,828 | €55,744 | ▲ 2,950% |
| Accrued charges and deferred income492/3 | - | - | - | - | €3 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,666 | -€1,075 | €24,274 | -€18,026 | €60,169 | ▲ 434% |
| + Depreciation and write-downs630 | - | €189 | €2,375 | €7,295 | €8,153 | ▲ 11.8% |
| Operating cash flow (approximation) | €35,666 | -€886 | €26,649 | -€10,731 | €68,322 | ▲ 737% |
| Investment in fixed assets (approximation) | - | - | -€33,535 | -€1,069 | -€5,695 | ▼ 433% |
| Change in cash | - | -€3,047 | €2,246 | -€15,125 | €19,906 | ▲ 232% |
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
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €60,169
Net result €60,169 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€18,026
Net result drops to -€18,026, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €24,274
Net result €24,274 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.11
Current ratio from 1.43 to 4.11; short-term debt falls from €26,071 to €8,654.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €35,666
Net result €35,666 after one loss-making year.
31-07
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.
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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, Elsene · 1 establishment unit since 2019
Ground area
667 m²
Building footprint
331 m²
Volume, LiDAR
7,643 m³
Parcel 21442A0006/00E005, Brussels · tallest building 27.6 m, ±8 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
ADFK SERVICES
since 20192.299.671.446
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21442A0006/00E005 | Brussels | 667 m² | 1 · 331 m² | 27.6 m · 8 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.
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Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 6,059 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
Founded20-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
59201Sound recording
62200Computer consultancy and computer facilities management
77229Renting and leasing of other personal and household goods
90391Promotion and organisation of arts and performing arts events
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739861362
Also
9925:BE0739861362
Registered
25-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.