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ADIDAK

Active
Public limited companyfounded 1987active for 39 yearsAtealaan 33, 2270 Herenthout, BelgiumKBO/BCE: BE 0431.560.918
Summary

ADIDAK has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €882. Equity is growing by about 6.4% per year across the filed financial years. Its solvency ranks better than 74% of 2,425 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Roofing work
NACE 43410
Oldest company in Herenthout, Construction sector1 site
Size
€3.0mtotal assets 2025
Staff
3.4 FTE
Equity
€1.9m
Profit
€882
Net result -100%: other schema
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Argona - ADW · 100%
Auditor: CALLENS VANDELANOTTEAccounts 6 days early1 of 12 deeds read
Why 88raises riskLiquidity: current ratio 2.99, cash €63,909, halvedSector: Specialised construction activities (NACE 43)lowers riskSize: 3.4 FTE, total assets €3.0mFounded in 1987Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Average
Solvency 88-1
equity 63.0% of total assets
Liquidity 39-17
short-term debt 32.5% · cash 2.1%
Profitability 36-43
return on assets 0.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,603 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.3 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.99, compared with 2.9 in 2024, above the usual 1.5; short-term debt: 32.5% and cash: 2.1% of total assets), and 37% 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 43, micro): better than 69% on solvency, 27% on liquidity, 18% on profitability and 35% on growth.

The bankruptcy probability was computed on 22-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Size: 3.4 FTE, total assets €3.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.99, cash €63,909, halved
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 days early
2024
9 days early
2023
2 days early
2022
on the day
2021
37 days late
2020
2 days late
2019
92 days early
← 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 10 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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 25 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet €882 ▼99.6%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Result fell in 2025different schema filed ▼ 99.6% View
  • Positive: Oldest company in Herenthout, Construction sectorin the Checked rankings No. 1 View
  • Controlled by Argona - ADWknown shareholders 99.99% 100% View
  • Positive: 7 profitable years in a rowprofit 2025: €882 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year
2025
Total assets
€3.0m
Profit
€882
Solvency
63.0%
Total assets▲ 2.4%
Net result
20192025
Go to Financials

Board & ownership

Parent
Argona - ADW · 100%
Known shareholders
99.99%
Auditor
CALLENS VANDELANOTTE
Go to Board & ownership

Timeline

Events
39
Since
1989
Next accounts
by 31-07-2027
  1. 29-07-2024Annual accounts filed
  2. 28-05-2024Appointment: CALLENS VANDELANOTTE NV (statutory auditor)
  3. 31-01-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Roofing workNACE 43410
Founded
07-07-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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