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Adgy

Active
Private limited companyfounded 20233 yrs activeHoge Landbilkstraat 18, 9185 Lochristi, BelgiumKBO/BCE: BE 0804.762.775
Summary

The computed 12-month bankruptcy probability of Adgy is 1.9% (moderate). The 2024 annual accounts show equity of €10,136 and a net result of €5,936. Its solvency ranks better than 20% of 8969 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability79
Solvency40
Growth-
Track record79
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.55; short-term debt: 84.1% and cash: 32.6% of total assets), and 85.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
14.6%
Return on assets
8.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8969 sector peers (2024).
NBB · sector comparison
Position among 8969 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 3 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 August 2023, Adgy was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€10,136
Total assets
€69,623
Net result
€5,936
Working capital
-€26,281

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €69,623
Fixed assets €37,367
Current assets €32,257
Equity and liabilities €69,623
Equity €10,136
Debt €59,488
Debt finances 85.4% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€19,345
Cash flow
€17,169
Current ratio
0.55
Debt to equity
5.87
ROE
58.6%
ROA
8.5%
Interest coverage
101.36
Debt ≤ 1 year
€58,538
Income taxes
€1,986

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,976 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
Filed annual accounts As filed with the NBB · 2024 · 38 lines
Balance sheet Code2024
Assets
Total assets20/58€69,623
Fixed assets21/28€37,367
Tangible fixed assets22/27€36,717
Furniture and vehicles24€23,167
Other tangible fixed assets26€13,549
Financial fixed assets28€650
Current assets29/58€32,257
Amounts receivable within one year40/41€8,695
Trade receivables40€8,695
Cash at bank and in hand54/58€22,724
Deferred charges and accrued income490/1€837
Equity and liabilities
Total equity and liabilities10/49€69,623
Equity10/15€10,136
Contributions10/11€5,000
Reserves13€5,136
Distributable reserves133€5,136
Amounts payable17/49€59,488
Amounts payable within one year42/48€58,538
Trade debts44€15,027
Suppliers440/4€15,027
Taxes, remuneration and social security45€7,324
Taxes450/3€7,324
Other amounts payable47/48€36,187
Accrued charges and deferred income492/3€950
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,233
Gross operating margin9900€19,345
Operating profit (loss)9901€8,112
Financial charges65/66B€191
Recurring financial charges65€191
Profit (loss) for the period before taxes9903€7,921
Income taxes67/77€1,986
Profit (loss) for the period9904€5,936
Profit (loss) for the period to be appropriated9905€5,936
Appropriation of the result
Profit (loss) to be appropriated9906€5,936
Transfer to equity691/2€5,136
To other reserves6921€5,136
Profit to be distributed694/7€800
Directors or managers695€800

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,233
Gross operating margin9900€19,345
Operating profit (loss)9901€8,112
Financial charges65/66B€191
Recurring financial charges65€191
Profit (loss) for the period before taxes9903€7,921
Income taxes67/77€1,986
Profit (loss) for the period9904€5,936
Profit (loss) for the period to be appropriated9905€5,936
Line2024
Assets
Total assets20/58€69,623
Fixed assets21/28€37,367
Tangible fixed assets22/27€36,717
Furniture and vehicles24€23,167
Other tangible fixed assets26€13,549
Financial fixed assets28€650
Current assets29/58€32,257
Amounts receivable within one year40/41€8,695
Trade receivables40€8,695
Cash at bank and in hand54/58€22,724
Deferred charges and accrued income490/1€837
Equity and liabilities
Total equity and liabilities10/49€69,623
Equity10/15€10,136
Contributions10/11€5,000
Reserves13€5,136
Distributable reserves133€5,136
Amounts payable17/49€59,488
Amounts payable within one year42/48€58,538
Trade debts44€15,027
Suppliers440/4€15,027
Taxes, remuneration and social security45€7,324
Taxes450/3€7,324
Other amounts payable47/48€36,187
Accrued charges and deferred income492/3€950
Line2024
Profit (loss) for the period9904€5,936
+ Depreciation and write-downs630€11,233
Operating cash flow (approximation)€17,169

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Lochristi · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
836 m²
Building footprint
110 m²
Parcel 44472B2442/00L003, Flanders. Linked by address, not a title deed.
1 establishment unit
Adgy bv
Hoge Landbilkstraat 18, 9185 LochristiAdvertising agencies
since 20232.350.216.463
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44472B2442/00L003 Flanders 836 m² 1 · 109 m² -
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.

Similar companies · same sector, comparable size

Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 2,103 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
Founded11-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804762775
Also 9925:BE0804762775
Registered 27-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.