ADI
ActiveThe computed 12-month bankruptcy probability of ADI is 1.6% (moderate). The 2025 annual accounts show equity of €186k and a net result of €27k. Equity is growing by ~39.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 7293 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-28
Solvency93▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.64 in 2024), but 52.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
47.7%
Return on assets
6.9%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
32 d late
2024
24 d early
2023
48 d late
2022
142 d late
2021
10 d early
2020
25 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€186k▲ 16.8%
2024 · €160k
2020: €21k
2021: €29k
2022: €80k
2023: €96k
2024: €160k
2020 → 2025
Total assets
€391k▲ 21.0%
2024 · €323k
2020: €35k
2021: €37k
2022: €161k
2023: €270k
2024: €323k
2020 → 2025
Net result
€27k▼ 58.0%
2024 · €64k
2020: €2k
2021: €8k
2022: €51k
2023: €16k
2024: €64k
2020 → 2025
Working capital
€110k▼ 14.8%
2024 · €129k
2020: €9k
2021: €22k
2022: €74k
2023: €60k
2024: €129k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€80k▲ 176%€96k▲ 20.6%€160k▲ 66.4%€186k▲ 16.8%
Operating result€11k-€70k▲ 523%€26k▼ 62.4%€91k▲ 246%€37k▼ 58.7%
Net result€8k-€51k▲ 528%€16k▼ 67.6%€64k▲ 289%€27k▼ 58.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 59% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €391k
Fixed assets
€184k▲ 59.7%
Current assets
€207k▼ 0.4%
Equity and liabilities €391k
Equity
€186k▲ 16.8%
Debt
€204k▲ 25.2%
The debt ratio rises from 50.5% to 52.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€50k▼
2024 · €98k
Cash flow
€40k▼
2024 · €71k
Solvency
47.7%▼
2024 · 49.5%
Current ratio
2.14▼
2024 · 2.64
Quick ratio
2.04▼
2024 · 2.51
Debt / equity
1.09▲
2024 · 1.02
ROE
14.4%▼
2024 · 39.9%
ROA
6.9%▼
2024 · 19.8%
Interest coverage
15.10▼
2024 · 21.95
Debt
€204k▲
2024 · €163k
Debt ≤ 1 year
€97k▲
2024 · €79k
Debt > 1 year
€107k▲
2024 · €80k
Income taxes
€11k▼
2024 · €26k
Staff costs
€76k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€323k€391k▲
Fixed assets21/28€115k€184k▲
Tangible fixed assets22/27€115k€184k▲
Land and buildings22€112k€108k▼
Plant, machinery and equipment23€572€361▼
Furniture and vehicles24€3k€75k▲
Current assets29/58€208k€207k▼
Amounts receivable after more than one year29€120k€120k=
Other amounts receivable291€120k€120k=
Stocks and contracts in progress3€10k€9k▼
Stocks30/36€3k€3k▲
Contracts in progress37€8k€6k▼
Amounts receivable within one year40/41€41k€33k▼
Trade receivables40€31k€11k▼
Other amounts receivable41€10k€22k▲
Cash at bank and in hand54/58€33k€36k▲
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€323k€391k▲
Equity10/15€160k€186k▲
Contributions10/11€19k€19k=
Reserves13€141k€168k▲
Distributable reserves133€141k€168k▲
Amounts payable17/49€163k€204k▲
Amounts payable after more than one year17€80k€107k▲
Financial debts170/4€80k€107k▲
Amounts payable within one year42/48€79k€97k▲
Current portion of amounts payable after more than one year42€7k€14k▲
Trade debts44€38k€43k▲
Suppliers440/4€38k€43k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€28k€40k▲
Taxes450/3€26k€37k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€5k€263▼
Accrued charges and deferred income492/3€5k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0€1k▲
Remuneration, social security and pensions62€24k€76k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€13k▲
Other operating charges640/8€15k€2k▼
Gross operating margin9900€138k€129k▼
Operating profit (loss)9901€91k€37k▼
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€90k€38k▼
Income taxes67/77€26k€11k▼
Profit (loss) for the period9904€64k€27k▼
Profit (loss) for the period to be appropriated9905€64k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€27k▼
Transfer to equity691/2€64k€27k▼
To other reserves6921€64k€27k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 32 days late
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €64k ▲289%
Operating result €91k, net result €64k, both a record.
31-12
Financial
Equity above €150kEq €160k ▲66.4%
5 profitable years in a row build equity to €160k.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 3.85
Current ratio from 1.63 to 3.85; short-term debt falls from €14k to €8k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zuienkerke · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nieuwe Steenweg 84+8377 ZuienkerkeGround area
460 m²
Building footprint
159 m²
Volume, LiDAR
935 m³
2 parcels, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADI
since 20192.284.880.332
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31042D0091/00Z004 | Flanders | 278 m² | 1 · 44 m² | 6.1 m · 2 fl. |
| 31362H0075/00W003 | Flanders | 182 m² | 1 · 115 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Van Den Bosch Algemene Bouwwerken
BE 0559.827.382
Lille · Eq €186k
VAN FLO
BE 0691.602.575
Sint-Jans-Molenbeek · Eq €187k
FABESA
BE 0690.827.466
Brugge · Eq €186k
IMMONEWPORT
BE 0447.331.930
Nieuwpoort · Eq €187k
SP CONSTRUCTIONS
BE 0875.579.804
Charleroi · Eq €186k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 12,110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-02-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43221Plumbing work
41003General construction of other non-residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43333Wallpapering and laying of floor and wall coverings in other materials
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:adi.bvba@gmail.com
Phone:+32486340913