ADH EDITIONS

Active

Private limited companyfounded 2018active for 8 yearsRue de l'Expansion 62, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0711.701.272

Summary

The annual accounts of ADH EDITIONS for financial year 2025 show a net loss of 104% of total assets and of 100% of the equity at the start of that year. The 2025 annual accounts show equity of €13 and a net result of -€16,381. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 22% of 820 sector peers (NACE 58, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow Report Compare

ADH EDITIONSActiveChecked score 53/100

Risk analysis Report Compare

Activity

Book publishing

NACE 58110

1 site

Size

€15,710total assets 2025

Equity: €13
Loss: -€16,381

Turnover not published (micro format)

Financial health

53 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.0%

Structure

2025 accounts 32 days early2 of 3 deeds summarised

Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €16,381, the second in a row (financial year 2025)lowers riskSize: total assets €15,710Sector: Publishing activities (NACE 58)Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 10% of its sector peers (NACE 58, micro)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 25-40

equity 0.1% of total assets

Liquidity 6-40

short-term debt 99.9% · cash 4.5%

Profitability 0-47

return on assets -104.3%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,277 companies, NACE 58, micro)

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.0%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.6 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.4 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.1%▼ -0.1 percentage points vs 02-2026lowest value 04-2026: 0.3%▲ +0.2 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.4 percentage points vs 09-2026

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 1.0, compared with 1.66 in 2024, below 1; short-term debt: 99.9% and cash: 4.5% of total assets), and 99.9% of the assets are financed with debt and provisions.

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 58, micro): better than 19% on solvency, 6% on liquidity, 8% on profitability and 5% on growth.

The bankruptcy probability was computed on 24-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.

lowers riskraises riskneutral

Size: total assets €15,710

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Sector: Publishing activities (NACE 58)

KBO

Loss of €16,381, the second in a row (financial year 2025)

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€16,381

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 820 sector peers (2025).

NBB · sector comparison

Position among 820 sector peers

Solvency

better than 22%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

32 days early

2024

29 days late

2023

on the day

2022

30 days late

2021

147 days late

2020

202 days late

2019

119 days late

← 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 71 days after the deadline; the sector median (NACE 58) for financial year 2024 is 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 61 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

29-06-2026 Annual accounts filedfinancial year 2025 · micro…
23-03-2026 Registered officeRegistered-office move · Director in…
29-08-2025 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: Among the weakest 14% on net resultsector median €6,257 · 818 companies -€16,381 View
Caution: 2 loss-making years in a rowloss financial year 2025 -€16,381 View
Total assets 20256 financial years filed €15,710 View

By topic

Financials

Financial year: 2025
Total assets: €15,710
Loss: -€16,381
Solvency: 0.1%

Total assets▼ 61.2%

Net result

20192025

Go to Financials

Timeline

Events: 11
Since: 2020
Next accounts: by 31-07-2027

31-07-2024Annual accounts filed
15-02-2024Resignation: Frédéric COLANTONIO (manager)
31-12-2023Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Book publishingNACE 58110
Founded: 15-10-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 25

Annual meeting: Last Friday of June at 20:00

Go to Articles of association

Key facts about ADH EDITIONS

What is the company number of ADH EDITIONS?: 0711.701.272. In Belgium the VAT number is the company number with BE in front: BE 0711.701.272.
Where is ADH EDITIONS based?: The registered office is at Rue de l'Expansion 62, 4460 Grâce-Hollogne.Company details
What does ADH EDITIONS do?: According to the KBO register, the main activity is book publishing (NACE 58110).
What is the legal form of ADH EDITIONS?: Private limited company (BV).
When was ADH EDITIONS founded?: On 15-10-2018.
Is ADH EDITIONS still active?: Yes, ADH EDITIONS is an active enterprise in the KBO register.
What is the turnover of ADH EDITIONS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is ADH EDITIONS profitable?: In financial year 2025, ADH EDITIONS made a loss of €16,381.
Where can I find the annual accounts of ADH EDITIONS?: ADH EDITIONS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADH EDITIONS due?: By 31-07-2027, for financial year 2026.Timeline