ADG Construct
ActiveSummary
ADG Construct has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409,688 and a net result of €55,389. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 95% of 11,742 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €409,688
- Profit
- €55,389
Why 96lowers riskLiquidity: current ratio 24.70, cash €81,140, halvedEquity €409,688 (96.2% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Founded in 2005Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 71, micro): better than 87% on solvency, 62% on liquidity, 56% on profitability and 52% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 21 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €129,587 ▲127%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 56% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 31,368 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,389 | €4,363 | €2,635 | €2,538 | €2,966 | €3,961 | €6,210 | ▲ 56.8% |
| Other operating charges640/8 | - | - | - | €808 | €629 | €1,047 | €791 | ▼ 24.5% |
| Non-recurring operating charges66A | - | - | - | €0 | €53 | €0 | €930 | - |
| Gross operating margin9900 | €49,445 | €57,358 | €67,121 | €73,766 | €92,700 | €194,965 | €91,174 | ▼ 53.2% |
| Operating profit (loss)9901 | €46,880 | €52,446 | €63,633 | €70,420 | €89,051 | €189,957 | €83,243 | ▼ 56.2% |
| Financial income75/76B | - | - | - | €1,740 | €490 | €1,229 | €4,916 | ▲ 300% |
| Recurring financial income75 | €2,428 | €2,534 | €2,123 | €1,740 | €490 | €1,229 | €4,916 | ▲ 300% |
| Financial charges65/66B | - | - | - | €3,566 | €6,254 | €238 | €7,177 | ▲ 30× |
| Recurring financial charges65 | €4,369 | €4,423 | €42,202 | €3,566 | €6,254 | €238 | €7,177 | ▲ 30× |
| Profit (loss) for the period before taxes9903 | €44,940 | €50,557 | €23,553 | €68,594 | €83,288 | €190,948 | €80,983 | ▼ 57.6% |
| Income taxes67/77 | €14,558 | €15,819 | €8,506 | €21,193 | €26,270 | €61,361 | €25,593 | ▼ 58.3% |
| Profit (loss) for the period9904 | €30,382 | €34,737 | €15,047 | €47,401 | €57,017 | €129,587 | €55,389 | ▼ 57.3% |
| Profit (loss) for the period to be appropriated9905 | €30,382 | €34,737 | €15,047 | €47,401 | €57,017 | €129,587 | €55,389 | ▼ 57.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €461,595 | €489,510 | €320,395 | €371,544 | €372,251 | €416,170 | €425,869 | ▲ 2.3% |
| Fixed assets21/28 | €9,565 | €14,692 | €11,679 | €13,404 | €17,810 | €20,210 | €26,244 | ▲ 29.9% |
| Tangible fixed assets22/27 | €9,565 | €14,692 | €11,679 | €13,404 | €17,810 | €20,210 | €26,244 | ▲ 29.9% |
| Furniture and vehicles24 | - | - | - | €2,315 | €6,667 | €10,548 | €13,303 | ▲ 26.1% |
| Other tangible fixed assets26 | - | - | - | €11,090 | €11,144 | €9,662 | €12,941 | ▲ 33.9% |
| Current assets29/58 | €452,030 | €474,819 | €308,716 | €358,140 | €354,440 | €395,960 | €399,625 | ▲ 0.9% |
| Amounts receivable within one year40/41 | €363,166 | €345,377 | €137,736 | €139,412 | €100,748 | €19,509 | €24,569 | ▲ 25.9% |
| Trade receivables40 | - | - | - | €20,419 | €24,755 | €19,509 | €24,569 | ▲ 25.9% |
| Other amounts receivable41 | - | - | - | €118,993 | €75,993 | €0 | - | - |
| Current investments50/53 | - | - | - | - | - | - | €288,778 | - |
| Cash at bank and in hand54/58 | €87,893 | €124,300 | €166,988 | €216,273 | €251,716 | €375,358 | €81,140 | ▼ 78.4% |
| Deferred charges and accrued income490/1 | - | - | - | €2,455 | €1,976 | €1,093 | €5,137 | ▲ 370% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €461,595 | €489,510 | €320,395 | €371,544 | €372,251 | €416,170 | €425,869 | ▲ 2.3% |
| Equity10/15 | €171,568 | €206,306 | €221,353 | €268,753 | €255,841 | €385,427 | €409,688 | ▲ 6.3% |
| Contributions10/11 | €20,000 | €0 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €151,568 | €186,306 | €201,353 | €248,753 | €235,841 | €365,427 | €389,688 | ▲ 6.6% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €2,000 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €246,753 | €233,841 | €363,427 | €389,688 | ▲ 7.2% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €290,027 | €283,205 | €99,042 | €102,791 | €116,410 | €30,743 | €16,181 | ▼ 47.4% |
| Amounts payable within one year42/48 | €285,866 | €278,859 | €91,455 | €92,050 | €110,487 | €30,743 | €16,181 | ▼ 47.4% |
| Trade debts44 | €1,285 | €2,911 | €2,536 | €1,919 | €3,285 | €2,315 | €3,873 | ▲ 67.3% |
| Suppliers440/4 | - | - | - | €1,919 | €3,285 | €2,315 | €3,873 | ▲ 67.3% |
| Taxes, remuneration and social security45 | - | - | - | €12,859 | €31,370 | €25,488 | €8,246 | ▼ 67.6% |
| Taxes450/3 | - | - | - | €9,586 | €31,370 | €22,091 | €8,246 | ▼ 62.7% |
| Remuneration and social security454/9 | - | - | - | €3,273 | €0 | €3,397 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €77,272 | €75,832 | €2,939 | €4,062 | ▲ 38.2% |
| Accrued charges and deferred income492/3 | - | - | - | €10,741 | €5,924 | €0 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,382 | €34,737 | €15,047 | €47,401 | €57,017 | €129,587 | €55,389 | ▼ 57.3% |
| + Depreciation and write-downs630 | €1,389 | €4,363 | €2,635 | €2,538 | €2,966 | €3,961 | €6,210 | ▲ 56.8% |
| Operating cash flow (approximation) | €31,771 | €39,100 | €17,683 | €49,938 | €59,983 | €133,548 | €61,599 | ▼ 53.9% |
| Investment in fixed assets (approximation) | - | -€9,490 | €378 | -€4,263 | -€7,372 | -€6,361 | -€12,244 | ▼ 92.5% |
| Change in cash | - | €36,407 | €42,688 | €49,285 | €35,443 | €123,642 | -€294,218 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 28-01-2026 | 2026-00025540 |
| 30-06-2024 | micro format | 07-11-2024 | 2024-00532050 |
| 30-06-2023 | micro format | 25-01-2024 | 2024-00007842 |
| 30-06-2022 | micro format | 26-01-2023 | 2023-00015241 |
| 30-06-2021 | micro format | 27-01-2022 | 2022-02200059 |
| 30-06-2020 | micro format | 26-01-2021 | 2021-01700467 |
| 30-06-2019 | micro format | 20-12-2019 | 2019-77100002 |
| 30-06-2018 | micro format | 27-03-2019 | 2019-08200219 |
| 30-06-2017 | micro format | 11-12-2017 | 2017-71700126 |
| 30-06-2016 | abbreviated format | 15-12-2016 | 2016-70400034 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €637 awarded · €637 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Groeve Alain |
|
Owners and capital
Capital and shareholders
- 04-12-2023 Converted to unavailable equity · €20,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-12
Gazette deed
Resignation: De Groeve Alain (manager)Appointment: De Groeve Alain (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 27-11-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “schrappen statutair onbeschikbare eigenvermogensrekening uit statuten, toekomstige uitkeringen” (deed in Dutch)
- Other provision, “verplaatsing van de jaarvergadering”, 3 (deed in Dutch)
- Purpose change
- Registered office clause, “Lokeren,Groenstraat 30”, 6 (deed in Dutch)
- Director resignation, De Groeve Alain (manager)
- Director appointment, De Groeve Alain (director (not named in the articles))
- Power of attorney
- Other provision, “kwijting ontslagnemende zaakvoerder voor uitoefening mandaat, volgende jaarvergadering” (deed in Dutch)
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0877.717.366
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46014A1087/00H000 | Flanders | 1,341 m² | 1 · 195 m² | 8.0 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aanneming en onderaanneming van bouwwerken,omvattende onder meer:; Het optrekken van de ruwbouw van individuele huizen en andere…” (deed in Dutch)
33 activities (deed in Dutch)
- De aanneming en onderaanneming van bouwwerken,omvattende onder meer:
- Het optrekken van de ruwbouw van individuele huizen en andere residentiële gebouwen,van appartements en kantoorgebouwen,het bouwen van gebouwen voor industrieel of commercieel gebruik,voor landbouwdoeleinden,scholen,ziekenhuizen,loodsen,hangars etc.
- Renovatie en restauratie van gebouwen en monumenten
- Algemene coördinatie van bouwwerken
- Veiligheidscoördinatie
- Dakbedekking en bouw van dakconstructies
- Onderneming voor elektrische installatie,voor loodgieterswerk,voor afwerking van gebouwen,stukadoorswerk,schrijnwerk (hout,kunststof,metaal en andere),vloer en wandbekleding,glaszetten en alle overige werkzaamheden
- Isolatiewerkzaamheden
- Onderneming voor het aanbrengen van chape
- Onderneming voor het uitvoeren van voegwerken
- Slopingswerken
- Projectontwikkeling
- Het leveren van diensten van projectmanagement,waaronder het uitvoeren van haalbaarheidsstudies,het opstellen of het laten opstellen van ontwerpen,plannen en beschrijvingen die in bestekken moeten worden ingelast,het voorbereiden van documenten voor offerteaanvragen,met inbegrip van contractvoorwaarden,het geven van adviezen op technisch vlak,het beheer van de uitvoering van werken,het waarmerken van betalingsaanvragen,het vaststellen van gebreken,het nemen van maatregelen indien er zich omstandigheden zouden voordoen die de stipte uitvoering van werken in het gedrang brengen,het uitvoeren van inspecties en keuringen,het verlenen van bijstand bij voorlopige en definitieve opleveringen
- De onderneming in onroerende goederen,omvattende onder meer
- De aan en verkoop van onroerende goederen,het bouwrijp maken van terreinen,het bebouwen ervan met woningen en appartementen met het oog op de tekoopstelling,het verwerven,verbeteren,inrichten,bezitten en beheren van onroerende goederen van alle aard
- Het verkavelen
- Het verhuren en ter beschikking stellen onder alle vormen van alle onroerende goederen van alle bestemmingen
- Adviesverlening inzake onroerende goederen en onroerende beleggingen,bijstand en tussenkomst bij het tot stand brengen en afsluiten,als makelaar of agent van verzekeringscontracten en herverzekeringscontracten,rechtstreeks of onrechtstreeks
- Het beleggen van vermogens,het beheer van onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,alsmede het uitvoeren van alle herstellingen die rechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing,de aan en verkoop,huur en verhuring van deze goederen,alsmede de borgstelling voor de goede afloop van verbintenissen voor derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
- Het vestigen,verwerven en verhandelen van zakelijke en persoonlijke rechten op onroerende goederen
- Het ontwikkelen,(ver)kopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa
- Het verlenen van computerservice
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen.
- Personenvervoer door de lucht: luchttaxi,initiatievluchten,toeristische vluchten,…
- Algemene diensten in verband met luchtvaart
- Verhuur en lease van luchtvaartuigen
- Het (dagelijks) bestuur van,het toezicht op en de controle over vennootschappen en ondernemingen,in het bijzonder (maar niet beperkt tot) haar verbonden vennootschappen en vennootschappen waarin zij rechtstreeks of onrechtstreeks een participatie of belang aanhoudt,met name door er de functies van bestuurder,zaakvoerder,gedelegeerd bestuurder,directeur of,in voorkomend geval,vereffenaar uit te oefenen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen. Dit omvat alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,al dan niet dynamisch,zoals de aan- en verkoop,de huur en verhuur,de ruil en,in het bijzonder,het beheer en de valorisatie van aandelen,obligaties,staatsfondsen en andere financiële instrumenten;
- De verwerving van participaties en belangen,onder welke vorm ook,met name door inbreng in geld of in natura,inschrijving,fusie,splitsing,partiële splitsing of enige andere manier,in bestaande of op te richten vennootschappen en ondernemingen met commerciële,industriële,financiële,vastgoed of andere activiteiten,wat hun voorwerp ook is. Het stimuleren,de planning en coördinatie van de ontwikkeling van vennootschappen en ondernemingen waarin ze een participatie aanhoudt. Het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en verenigingen.
- Het toestaan van leningen en kredietopeningen aan vennootschappen en particulieren,de borgstelling,het verlenen van aval en alle overige financiële verrichtingen behoudens deze die wettelijk voorbehouden zijn aan de banken,spaarkassen hypotheekmaatschappijen en kapitalisatieondernemingen en erkende financiële tussenpersonen.
- Het in de ruimste zin van het woord verlenen van diensten,advies en bijstand aan particulieren,de bedrijfswereld en de overheid hieronder begrepen het verlenen van adviezen van financiële,technische,(bedrijfs)economische,sociale,organisatorische,commerciële of administratieve aard,adviesverlening rond marketing en marketing communicatie
- Het organiseren en geven van opleidingen in de ruimste zin van het woord
- Het maken van studies van diverse aard
- Name clauseThe name the company operates under according to its articles.
- ADG Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of December at 19:00