ADI NAT PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of ADI NAT PROJECT is 9.0% (elevated). The 2025 annual accounts show negative equity (€-95k) and a net result of €-152k. Its solvency ranks better than 5% of 1202 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
11
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-72
Growth55
Track record82
Bankruptcy probability, 12 months
9.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 1.89 in 2024; cash: 11.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 2025Solvency, return and age of the figures
Solvency
-915.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year €-95k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 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 · 2 filingsDeviation from the deadline
2025
33 d late
2024
38 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€522k▲ 55.6%
2024 · €335k
2024: €335k
2024 → 2025
EBIT margin
-29.1%▼ 50.8pp
2024 · 21.7%
2024: 21.7%
2024 → 2025
Net result
€-152k
2024 · €55k
2024: €55k
2024 → 2025
Working capital
€-95k
2024 · €57k
2024: €57k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Turnover€335k-€522k▲ 55.6%
Equity€58k-€-95k
Operating result€73k-€-152k
Net result€55k-€-152k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €152k after €73k in 2024.
Key figures and ratios
EBITDA
€-151k▼
2024 · €73k
Cash flow
€-152k▼
2024 · €55k
Solvency
-915.9%▼
2024 · 47.5%
Current ratio
0.09▼
2024 · 1.89
Debt to equity
-1.11▼
2024 · 1.11
Interest coverage
-1342.63▼
2024 · 1821.84
Debt
€105k▲
2024 · €64k
Debt ≤ 1 year
€105k▲
2024 · €64k
Staff costs
€59k▲
2024 · €17k
A ratio outside any meaningful range has been withheld (balance sheet total €10k, equity €-95k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€10k▼
Formation expenses20€982€737▼
Current assets29/58€120k€10k▼
Amounts receivable within one year40/41€120k€8k▼
Trade receivables40€120k€4k▼
Other amounts receivable41€204€4k▲
Cash at bank and in hand54/58€25€1k▲
Equity and liabilities
Total equity and liabilities10/49€121k€10k▼
Equity10/15€58k€-95k▼
Contributions10/11€3k€3k=
Capital10-€3k
Issued capital100-€3k
Outside capital11€3k-
Other1109/19€3k-
Reserves13€300€300=
Non-distributable reserves130/1€300€300=
Legal reserve130€300€300=
Profit (loss) carried forward14€54k€-98k▼
Amounts payable17/49€64k€105k▲
Amounts payable within one year42/48€64k€105k▲
Trade debts44€35k€66k▲
Suppliers440/4€35k€66k▲
Taxes, remuneration and social security45€18k€39k▲
Taxes450/3€18k€35k▲
Remuneration and social security454/9-€4k
Other amounts payable47/48€11k€79▼
Income statement
Code20242025
Turnover70€335k€522k▲
Goods, raw materials, services and sundry goods60/61€245k€614k▲
Remuneration, social security and pensions62€17k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€246€246=
Other operating charges640/8€163€90▼
Gross operating margin9900€91k€-92k▼
Operating profit (loss)9901€73k€-152k▼
Financial charges65/66B€40€544▲
Recurring financial charges65€40€113▲
Non-recurring financial charges66B-€431
Profit (loss) for the period before taxes9903€73k€-152k▼
Income taxes67/77€18k-
Profit (loss) for the period9904€55k€-152k▼
Profit (loss) for the period to be appropriated9905€55k€-152k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€-98k▼
Profit (loss) brought forward from the previous period14P-€54k
Transfer to equity691/2€300-
To the legal reserve6920€300-
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 33 days late
2025
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
3 acts for this company are 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, Brussel · 1 establishment unit since 2024
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.
Pletinckxstraat 601000 BrusselGround area
89 m²
Parcel 21811M1316/00E000, Brussels. Linked by address, not a title deed.
1 establishment unit
ADI NET PROJECT
since 20242.357.241.144
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M1316/00E000 | Brussels | 89 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Joran Rymen
BE 0770.586.608
Zandhoven · Eq €85,786
Cobranet
BE 0446.497.136
Evere · Eq €85,967
CLEANSTONE
BE 0467.050.842
Esneux · Eq €85,529
Cleaning Zoë
BE 0886.955.132
Eeklo · Eq €85,459
Libra Services
BE 0821.391.545
Hasselt · Eq €85,455
Of 7,013 companies in sector 81220 we hold annual accounts for 2,416. 2,036 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
46140Agents in the wholesale of industrial machinery, ships and aircraft
46392Non-specialised wholesale
49110Land transport and transport via pipelines
52250Logistics services
53100Postal and courier activities
53200Other postal and courier activities
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.