ADIE TECHNICS
ActiveSummary
ADIE TECHNICS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €102k and a net result of €-125k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 16% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-73
Solvency38▼-19
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.91 against 1.1 in 2023; short-term debt: 68.2% and cash: 2.6% of total assets), and 87.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 2024Solvency, return and age of the figures
Solvency
12.6%
Return on assets
-15.4%
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 16% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
9 d early
2022
87 d late
2021
143 d late
2020
86 d late
2019
40 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-125k
2023 · €32k
Working capital
€-49k
2023 · €54k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-5k▲ 81.5%€76k€169k▲ 121%€52k▼ 69.2%€-87k
Net result€-14k▲ 66.5%€54k€116k▲ 116%€32k▼ 72.5%€-125k
Equity€89k▼ 13.6%€143k▲ 60.2%€258k▲ 81.3%€277k▲ 7.3%€102k▼ 63.1%
Total assets€395k▼ 40.0%€341k▼ 13.7%€568k▲ 66.8%€869k▲ 53.0%€811k▼ 6.7%
Debt€306k▼ 44.9%€198k▼ 35.2%€310k▲ 56.3%€592k▲ 91.2%€708k▲ 19.7%
Working capital€78k▼ 30.4%€-19k€101k€54k▼ 46.6%€-49k
Staff (FTE)2.7▼ 6.9%2.7=2.2▼ 18.5%2▼ 9.1%2.9▲ 45.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €87k after €52k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €811k
Fixed assets
€307k ▲ 1.7%
Current assets
€504k ▼ 11.2%
Equity and liabilities €811k
Equity
€102k ▼ 63.1%
Debt
€708k ▲ 19.7%
Debt's share of the balance-sheet total rises from 68.1% to 87.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-44k▼
2023 · €71k
Cash flow
€-82k▼
2023 · €50k
Current ratio
0.91▼
2023 · 1.10
Debt to equity
6.93▲
2023 · 2.13
ROE
-122.4%▼
2023 · 11.5%
ROA
-15.4%▼
2023 · 3.7%
Interest coverage
-1.03▼
2023 · 6.01
Debt ≤ 1 year
€553k▲
2023 · €514k
Debt > 1 year
€118k▲
2023 · €78k
Income taxes
€-4k▼
2023 · €9k
Staff costs
€152k▲
2023 · €147k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €139k | - | - | - | - |
| Remuneration, social security and pensions62 | - | €18k | €79k | €147k | €152k | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €28k | €24k | €19k | €43k | ▲ 134% |
| Other operating charges640/8 | - | €2k | €3k | €37k | €10k | ▼ 72.4% |
| Non-recurring operating charges66A | - | €626 | - | - | €11k | - |
| Gross operating margin9900 | €65k | €125k | €275k | €254k | €129k | ▼ 49.1% |
| Operating profit (loss)9901 | €-5k | €76k | €169k | €52k | €-87k | ▼ 267% |
| Financial income75/76B | - | €2k | - | €601 | €134 | ▼ 77.7% |
| Recurring financial income75 | €1k | €2k | - | €601 | €134 | ▼ 77.7% |
| Financial charges65/66B | - | €10k | €7k | €12k | €42k | ▲ 261% |
| Recurring financial charges65 | €9k | €10k | €7k | €12k | €42k | ▲ 261% |
| Profit (loss) for the period before taxes9903 | €-13k | €68k | €162k | €41k | €-129k | ▼ 416% |
| Income taxes67/77 | €641 | €14k | €46k | €9k | €-4k | ▼ 148% |
| Profit (loss) for the period9904 | €-14k | €54k | €116k | €32k | €-125k | ▼ 493% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €54k | €116k | €32k | €-125k | ▼ 493% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €395k | €341k | €568k | €869k | €811k | ▼ 6.7% |
| Fixed assets21/28 | €48k | €176k | €158k | €302k | €307k | ▲ 1.7% |
| Tangible fixed assets22/27 | €40k | €168k | €150k | €294k | €305k | ▲ 3.8% |
| Land and buildings22 | - | €139k | €131k | €207k | €216k | ▲ 4.2% |
| Plant, machinery and equipment23 | - | €16k | €14k | €14k | €11k | ▼ 25.0% |
| Furniture and vehicles24 | - | €14k | €5k | €72k | €78k | ▲ 8.3% |
| Financial fixed assets28 | €8k | €8k | €8k | €8k | €2k | ▼ 76.6% |
| Current assets29/58 | €347k | €164k | €410k | €567k | €504k | ▼ 11.2% |
| Amounts receivable within one year40/41 | €336k | €160k | €397k | €542k | €482k | ▼ 10.9% |
| Trade receivables40 | - | €150k | €388k | €450k | €392k | ▼ 13.1% |
| Other amounts receivable41 | - | €9k | €9k | €91k | €91k | ▼ 0.3% |
| Cash at bank and in hand54/58 | €7k | €4k | €14k | €24k | €21k | ▼ 11.4% |
| Deferred charges and accrued income490/1 | - | €867 | - | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €395k | €341k | €568k | €869k | €811k | ▼ 6.7% |
| Equity10/15 | €89k | €143k | €258k | €277k | €102k | ▼ 63.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €67k | €27k | €27k | €27k | €27k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €25k | €25k | €25k | €25k | = |
| Profit (loss) carried forward14 | €4k | €97k | €213k | €232k | €57k | ▼ 75.5% |
| Amounts payable17/49 | €306k | €198k | €310k | €592k | €708k | ▲ 19.7% |
| Amounts payable after more than one year17 | €37k | €15k | - | €78k | €118k | ▲ 51.0% |
| Financial debts170/4 | - | €15k | - | €78k | €118k | ▲ 51.0% |
| Amounts payable within one year42/48 | €269k | €183k | €310k | €514k | €553k | ▲ 7.7% |
| Current portion of amounts payable after more than one year42 | - | €24k | €15k | €14k | €21k | ▲ 57.5% |
| Financial debts43 | - | €24k | €10k | €220k | €150k | ▼ 31.6% |
| Credit institutions430/8 | - | €24k | €10k | €220k | €150k | ▼ 31.6% |
| Trade debts44 | €192k | €105k | €149k | €151k | €265k | ▲ 74.8% |
| Suppliers440/4 | - | €105k | €149k | €151k | €265k | ▲ 74.8% |
| Advances received on contracts in progress46 | - | - | - | - | €5k | - |
| Taxes, remuneration and social security45 | - | €21k | €124k | €116k | €62k | ▼ 46.4% |
| Taxes450/3 | - | €20k | €113k | €111k | €47k | ▼ 57.6% |
| Remuneration and social security454/9 | - | €1k | €11k | €5k | €15k | ▲ 207% |
| Other amounts payable47/48 | - | €8k | €12k | €13k | €50k | ▲ 285% |
| Accrued charges and deferred income492/3 | - | - | - | - | €37k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €54k | €116k | €32k | €-125k | ▼ 493% |
| + Depreciation and write-downs630 | €30k | €28k | €24k | €19k | €43k | ▲ 134% |
| Operating cash flow (approximation) | €16k | €82k | €140k | €50k | €-82k | ▼ 262% |
| Investment in fixed assets (approximation) | - | €-156k | €-6k | €-163k | €-48k | ▲ 70.2% |
| Change in cash | - | €-2k | €10k | €10k | €-3k | ▼ 126% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Weakest financial yearnet €-125k
Net result drops to €-125k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
31-12
Financial
Highest result since 2018net €116k ▲116%
Operating result €169k, net result €116k, both a record.
31-12
Financial
Equity above €200kEq €258k ▲81.3%
2 profitable years in a row build equity to €258k.
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 143 days late
2021
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €143k ▲60.2%
Equity rises from €89k to €143k.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 40 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Show earlier events
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 16 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Beersel · 1 establishment unit since 2001
Ground area
720 m²
Building footprint
550 m²
Volume, LiDAR
2,899 m³
Parcel 23035A0036/00K000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ADIE TECHNICS
since 20012.094.177.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23035A0036/00K000 | Flanders | 720 m² | 1 · 550 m² | 11.5 m · 2 fl. |
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.
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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,794 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
Founded19-12-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
82300Organisation of conventions and trade shows
42220Construction of utility projects for electricity and telecommunications
43240Other construction installation
49410Freight transport by road
74301Translation services
81220Other building cleaning and industrial cleaning
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Scores and ratios are computed by Checked and are not a credit decision.