ADIP
ActiveSummary
The computed 12-month bankruptcy probability of ADIP is 3.1% (moderate). The 2025 annual accounts show equity of €76,929 and a net result of €10,332. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 13617 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+2
Solvency99▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.01 against 2.91 in 2024; short-term debt: 26.2% and cash: 76% of total assets), and 26.2% of the assets are financed with debt.
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Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
73.8%
Return on assets
9.9%
Age of the figures
9 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 30-08-2026, 30 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
30 d late
2024
28 d early
2023
5 d late
2022
3 d late
2021
19 d early
2020
12 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
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. Usually files around 3 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€76,929▲ 15.5%
2024 · €66,597
Total assets
€104,233▲ 6.9%
2024 · €97,460
Net result
€10,332▲ 28.1%
2024 · €8,067
Working capital
€55,009▲ 22.7%
2024 · €44,816
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€87,582-€22,086€20,268€12,213▼ 39.7%€15,533▲ 27.2%
Net result€72,246above the sector's middle half-€22,826below the sector's middle half€17,758within the sector's middle half€8,067within the sector's middle half▼ 54.6%€10,332within the sector's middle half▲ 28.1%
Equity€63,597within the sector's middle half▲ 1,835%€40,771within the sector's middle half▼ 35.9%€58,529within the sector's middle half▲ 43.6%€66,597within the sector's middle half▲ 13.8%€76,929within the sector's middle half▲ 15.5%
Total assets€103,228within the sector's middle half▲ 159%€151,914within the sector's middle half▲ 47.2%€97,506within the sector's middle half▼ 35.8%€97,460within the sector's middle half=€104,233within the sector's middle half▲ 6.9%
Debt€39,631▲ 8.3%€111,142▲ 180%€38,976▼ 64.9%€30,863▼ 20.8%€27,304▼ 11.5%
Working capital€46,004above the sector's middle half€16,317within the sector's middle half▼ 64.5%€35,585within the sector's middle half▲ 118%€44,816above the sector's middle half▲ 25.9%€55,009above the sector's middle half▲ 22.7%
Solvency61.6%above the sector's middle half▲ 53.4pp26.8%within the sector's middle half▼ 34.8pp60.0%above the sector's middle half▲ 33.2pp68.3%above the sector's middle half▲ 8.3pp73.8%above the sector's middle half▲ 5.5pp
Current ratio2.16within the sector's middle half▲ 1.631.20within the sector's middle half▼ 0.962.71above the sector's middle half▲ 1.512.91above the sector's middle half▲ 0.203.01above the sector's middle half▲ 0.11
Return on assets (ROA)70.0%above the sector's middle half▲ 86.8pp-15.0%below the sector's middle half▼ 85.0pp18.2%above the sector's middle half▲ 33.2pp8.3%within the sector's middle half▼ 9.9pp9.9%within the sector's middle half▲ 1.6pp
Staff (FTE)1.2▲ 1,100%3.2▲ 167%4.2▲ 31.3%4.8▲ 14.3%5.2▲ 8.3%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104,233
Fixed assets
€21,920 ▼ 24.8%
Current assets
€82,313 ▲ 20.5%
Equity and liabilities €104,233
Equity
€76,929 ▲ 15.5%
Debt
€27,304 ▼ 11.5%
Debt's share of the balance-sheet total falls from 31.7% to 26.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27,756▲
2024 · €24,159
Cash flow
€22,555▲
2024 · €20,014
Quick ratio
2.90▲
2024 · 2.75
Debt to equity
0.35▼
2024 · 0.46
ROE
13.4%▲
2024 · 12.1%
Interest coverage
13.02▼
2024 · 15.67
Debt ≤ 1 year
€27,304▲
2024 · €23,476
Income taxes
€3,069▲
2024 · €2,603
Staff costs
€147,701▲
2024 · €128,637
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €39,808 | €111,803 | €120,361 | €128,637 | €147,701 | ▲ 14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,857 | €6,640 | €11,946 | €11,946 | €12,222 | ▲ 2.3% |
| Other operating charges640/8 | €1,267 | €6,639 | €1,613 | €1,212 | €601 | ▼ 50.5% |
| Non-recurring operating charges66A | - | - | €248 | - | €121 | - |
| Gross operating margin9900 | €133,514 | €102,997 | €154,436 | €154,008 | €176,179 | ▲ 14.4% |
| Operating profit (loss)9901 | €87,582 | -€22,086 | €20,268 | €12,213 | €15,533 | ▲ 27.2% |
| Financial charges65/66B | €407 | €625 | €1,851 | €1,542 | €2,132 | ▲ 38.2% |
| Recurring financial charges65 | €407 | €625 | €1,851 | €1,542 | €2,132 | ▲ 38.2% |
| Profit (loss) for the period before taxes9903 | €87,175 | -€22,711 | €18,417 | €10,670 | €13,402 | ▲ 25.6% |
| Income taxes67/77 | €14,930 | €115 | €659 | €2,603 | €3,069 | ▲ 17.9% |
| Profit (loss) for the period9904 | €72,246 | -€22,826 | €17,758 | €8,067 | €10,332 | ▲ 28.1% |
| Profit (loss) for the period to be appropriated9905 | €72,246 | -€22,826 | €17,758 | €8,067 | €10,332 | ▲ 28.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,228 | €151,914 | €97,506 | €97,460 | €104,233 | ▲ 6.9% |
| Fixed assets21/28 | €17,593 | €53,060 | €41,114 | €29,167 | €21,920 | ▼ 24.8% |
| Tangible fixed assets22/27 | €13,693 | €49,160 | €37,214 | €25,267 | €18,020 | ▼ 28.7% |
| Plant, machinery and equipment23 | €13,693 | €10,168 | €6,643 | €3,118 | €4,292 | ▲ 37.7% |
| Furniture and vehicles24 | - | €38,993 | €30,571 | €22,150 | €13,728 | ▼ 38.0% |
| Financial fixed assets28 | €3,900 | €3,900 | €3,900 | €3,900 | €3,900 | = |
| Current assets29/58 | €85,635 | €98,854 | €56,392 | €68,292 | €82,313 | ▲ 20.5% |
| Stocks and contracts in progress3 | €3,924 | €4,500 | €3,556 | €3,648 | €3,057 | ▼ 16.2% |
| Stocks30/36 | €3,924 | €4,500 | €3,556 | €3,648 | €3,057 | ▼ 16.2% |
| Amounts receivable within one year40/41 | - | €50,950 | - | - | - | - |
| Trade receivables40 | - | €50,950 | - | - | - | - |
| Cash at bank and in hand54/58 | €81,712 | €43,404 | €52,836 | €64,644 | €79,256 | ▲ 22.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,228 | €151,914 | €97,506 | €97,460 | €104,233 | ▲ 6.9% |
| Equity10/15 | €63,597 | €40,771 | €58,529 | €66,597 | €76,929 | ▲ 15.5% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Non-distributable reserves130/1 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves not available under the articles1311 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €52,597 | €29,771 | €47,529 | €55,597 | €65,929 | ▲ 18.6% |
| Amounts payable17/49 | €39,631 | €111,142 | €38,976 | €30,863 | €27,304 | ▼ 11.5% |
| Amounts payable after more than one year17 | - | €28,606 | €18,170 | €7,387 | - | - |
| Financial debts170/4 | - | €28,606 | €18,170 | €7,387 | - | - |
| Amounts payable within one year42/48 | €39,631 | €82,537 | €20,806 | €23,476 | €27,304 | ▲ 16.3% |
| Financial debts43 | - | €10,100 | €10,436 | €10,783 | €7,387 | ▼ 31.5% |
| Credit institutions430/8 | - | €10,100 | €10,436 | €10,783 | €7,387 | ▼ 31.5% |
| Trade debts44 | €11,616 | €48,235 | €8,161 | €7,653 | €12,832 | ▲ 67.7% |
| Suppliers440/4 | €11,616 | €48,235 | €8,161 | €7,653 | €12,832 | ▲ 67.7% |
| Taxes, remuneration and social security45 | €16,080 | €19,232 | €2,210 | €5,041 | €7,085 | ▲ 40.6% |
| Taxes450/3 | €16,080 | €15,933 | €2,210 | €4,660 | €4,881 | ▲ 4.8% |
| Remuneration and social security454/9 | - | €3,299 | - | €381 | €2,204 | ▲ 479% |
| Other amounts payable47/48 | €11,935 | €4,970 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,246 | -€22,826 | €17,758 | €8,067 | €10,332 | ▲ 28.1% |
| + Depreciation and write-downs630 | €4,857 | €6,640 | €11,946 | €11,946 | €12,222 | ▲ 2.3% |
| Operating cash flow (approximation) | €77,103 | -€16,186 | €29,704 | €20,014 | €22,555 | ▲ 12.7% |
| Investment in fixed assets (approximation) | - | -€42,107 | €0 | €0 | -€4,975 | - |
| Change in cash | - | -€38,308 | €9,432 | €11,808 | €14,612 | ▲ 23.7% |
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
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Back to profitnet €17,758
Net result €17,758 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.71
Current ratio from 1.20 to 2.71; short-term debt falls from €82,537 to €20,806.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Weakest financial yearnet -€22,826
Net result drops to -€22,826, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €72,246
Net result €72,246 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.16
Current ratio from 0.53 to 2.16.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Merelbeke-Melle · 1 establishment unit since 2020
Ground area
335 m²
Building footprint
169 m²
Volume, LiDAR
787 m³
Parcel 44412C0237/00W002, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ADIP
since 20202.305.405.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412C0237/00W002 | Flanders | 335 m² | 1 · 169 m² | 11.2 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMerelbeke-Melle2.305.405.730
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 9,795 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
Founded16-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750765944
Also
9925:BE0750765944
Registered
10-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.