ADIERI

Active

Private limited companyfounded 20206 yrs activeNeerstalse Steenweg 177, 1190 Vorst, BelgiumKBO/BCE: BE 0742.837.183

The computed 12-month bankruptcy probability of ADIERI is 7.1% (elevated). The 2025 annual accounts show equity of €28k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 86% of 13204 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

59 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency99▲+41

Growth78▲+20

Track record100

Bankruptcy probability, 12 months

7.1% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days only on tighter terms

Liquidity ample (current ratio 3.65 against 0.93 in 2024; short-term debt: 22.1% and cash: 4.2% of total assets), and 25.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

74.2%

Return on assets

61.5%

Age of the figures

9 mo

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year €28k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

31 d early

2024

29 d early

2023

54 d late

2022

70 d late

2021

61 d late

2020

107 d late

← before the deadline after the deadline →

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 months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€28k▲ 487%

2024 · €5k

2020: €9k 2021: €11k 2022: €5k 2023: €317 2024: €5k

2020 → 2025

Total assets

€38k▲ 164%

2024 · €15k

2020: €11k 2021: €15k 2022: €22k 2023: €14k 2024: €15k

2020 → 2025

Net result

€24k▲ 422%

2024 · €5k

2020: €-1k 2021: €2k 2022: €-5k 2023: €-5k 2024: €5k

2020 → 2025

Working capital

€22k

2024 · €-570

2020: €9k 2021: €11k 2022: €237 2023: €-3k 2024: €-570

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€11k-€5k▼ 50.9%€317▼ 94.0%€5k▲ 1,429%€28k▲ 487%

Operating result€2k-€-5k€-5k▲ 10.3%€5k€32k▲ 516%

Net result€2k-€-5k€-5k▲ 9.5%€5k€24k▲ 422%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 516% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €38k

19.3%

80.7%

Fixed assets €7k▲ 8.5%

Current assets €31k▲ 302%

Equity and liabilities €38k

74.2%

25.8%

Equity €28k▲ 487%

Debt €10k▲ 2.3%

The debt ratio falls from 66.7% to 25.8%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€33k▲

2024 · €8k

Cash flow

€25k▲

2024 · €7k

Solvency

74.2%▲

2024 · 33.3%

Current ratio

3.65▲

2024 · 0.93

Quick ratio

3.53▲

2024 · 0.71

Debt / equity

0.35▼

2024 · 2.00

ROE

83.0%▼

2024 · 93.5%

ROA

61.5%▲

2024 · 31.1%

Interest coverage

958.97▲

2024 · 14.15

Debt

€10k▲

2024 · €10k

Debt ≤ 1 year

€9k▲

2024 · €8k

Income taxes

€9k▲

2024 · €132

Staff costs

€150▲

2024 · €93

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€15k€38k▲

Fixed assets21/28€7k€7k▲

Tangible fixed assets22/27€850€1k▲

Furniture and vehicles24€850€1k▲

Financial fixed assets28€6k€6k=

Current assets29/58€8k€31k▲

Stocks and contracts in progress3€2k€995▼

Stocks30/36€2k€995▼

Amounts receivable within one year40/41€1k€28k▲

Trade receivables40€422€11k▲

Other amounts receivable41€732€17k▲

Cash at bank and in hand54/58€3k€2k▼

Deferred charges and accrued income490/1€1k€125▼

Equity and liabilities

Total equity and liabilities10/49€15k€38k▲

Equity10/15€5k€28k▲

Contributions10/11€10k€10k=

Profit (loss) carried forward14€-5k€18k▲

Amounts payable17/49€10k€10k▲

Amounts payable within one year42/48€8k€9k▲

Trade debts44€932-

Suppliers440/4€932-

Taxes, remuneration and social security45€840€9k▲

Taxes450/3€840€9k▲

Other amounts payable47/48€7k-

Accrued charges and deferred income492/3€1k€1k=

Income statement Code20242025

Remuneration, social security and pensions62€93€150▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€940▼

Other operating charges640/8€2k€955▼

Gross operating margin9900€10k€34k▲

Operating profit (loss)9901€5k€32k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€561€35▼

Recurring financial charges65€561€35▼

Profit (loss) for the period before taxes9903€5k€32k▲

Income taxes67/77€132€9k▲

Profit (loss) for the period9904€5k€24k▲

Profit (loss) for the period to be appropriated9905€5k€24k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-5k€18k▲

Profit (loss) brought forward from the previous period14P€-10k€-5k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 5Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2020net €24k ▲422%

Operating result €32k, net result €24k, both a record.

31-12

Financial Liquidity quadruplescurrent ratio 3.65

Current ratio from 0.93 to 3.65.

02-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €5k

Net result €5k after 2 loss-making years.

23-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 54 days late

2023

09-10

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 70 days late

2022

31-12

Financial Weakest financial yearnet €-5k ▼410%

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-12

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

15-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 107 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

07-11-2024 Resigned as Director

Location & real-estate footprint

Registered office, Vorst · 2 establishment units since 2024

establishment All 2 establishment units on the map

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.

Neerstalse Steenweg 1771190 Vorst

Ground area

328 m²

Building footprint

261 m²

Volume, LiDAR