ADIUVO
ActiveSummary
ADIUVO has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,183 and a net result of -€5,709. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 2108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Cultural education
NACE 85520
1 site
How big
€25,632total assets 2025
- Equity
- €13,183
- Loss
- -€5,709
Turnover not published (abridged schema)
Who decides
Accounts 4 d early0 of 4 deeds read
Why 67- Annual accounts: weaker financial profile- Persistent losses+ Lower-failure-rate sector+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability50=
Solvency76▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.14 in 2024; short-term debt: 48.6% and cash: 8.4% of total assets), and 48.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
51.4%
Return on assets
-22.3%
Age of the figures
9 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€5,709
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
23 d early
2023
13 d late
2022
4 d late
2021
3 d early
2020
1 d early
2019
4 d 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 3 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€8,831
Financials
Fiscal year 2025Total assets €25,632Loss -€5,709Solvency 51.4%Liquidity 0.39
Total assets
€25,632▼ 16.8%
2018 - 2025
Net result
-€5,709▲ 35.3%
2018 - 2025
Equity
€13,183▼ 30.2%
2018 - 2025
Solvency
51.4%▼ 9.9pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,610▲ 130%-€906-€2,651▼ 193%-€8,743▼ 230%-€5,542▲ 36.6%
Net result€4,227within the sector's middle half▲ 239%-€1,040within the sector's middle half-€2,705within the sector's middle half▼ 160%-€8,831below the sector's middle half▼ 226%-€5,709below the sector's middle half▲ 35.3%
Equity€31,469within the sector's middle half▲ 15.5%€30,429within the sector's middle half▼ 3.3%€27,724within the sector's middle half▼ 8.9%€18,892within the sector's middle half▼ 31.9%€13,183within the sector's middle half▼ 30.2%
Total assets€49,716within the sector's middle half▲ 22.7%€45,878within the sector's middle half▼ 7.7%€42,162within the sector's middle half▼ 8.1%€30,816below the sector's middle half▼ 26.9%€25,632below the sector's middle half▼ 16.8%
Debt€18,247▲ 37.6%€15,450▼ 15.3%€14,439▼ 6.5%€11,924▼ 17.4%€12,449▲ 4.4%
Working capital€25,657within the sector's middle half▼ 5.8%€26,822within the sector's middle half▲ 4.5%-€9,556below the sector's middle half-€10,305below the sector's middle half▼ 7.8%-€7,585below the sector's middle half▲ 26.4%
Solvency63.3%within the sector's middle half▼ 4.0pp66.3%within the sector's middle half▲ 3.0pp65.8%within the sector's middle half▼ 0.6pp61.3%within the sector's middle half▼ 4.4pp51.4%within the sector's middle half▼ 9.9pp
Current ratio2.41within the sector's middle half▼ 0.652.74within the sector's middle half▲ 0.330.34below the sector's middle half▼ 2.400.14below the sector's middle half▼ 0.200.39below the sector's middle half▲ 0.25
Return on assets (ROA)8.5%within the sector's middle half▲ 5.4pp-2.3%within the sector's middle half▼ 10.8pp-6.4%below the sector's middle half▼ 4.1pp-28.7%below the sector's middle half▼ 22.2pp-22.3%below the sector's middle half▲ 6.4pp
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5,542 in 2025 against €8,743 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,632
Fixed assets
€20,768 ▼ 28.9%
Current assets
€4,864 ▲ 200%
Equity and liabilities €25,632
Equity
€13,183 ▼ 30.2%
Debt
€12,449 ▲ 4.4%
Debt's share of the balance-sheet total rises from 38.7% to 48.6%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
EBITDA
€2,887▲
2024 · €618
Cash flow
€2,720▲
2024 · €530
Debt to equity
0.94▲
2024 · 0.63
ROE
-43.3%▲
2024 · -46.7%
Interest coverage
32.08▲
2024 · 6.98
Debt ≤ 1 year
€12,449▲
2024 · €11,924
Income taxes
€77
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,341 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% | 1.8% |
| 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 4,805 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,152 | €2,206 | €6,326 | €9,362 | €8,429 | ▼ 10.0% |
| Other operating charges640/8 | €53 | €715 | €651 | €675 | €700 | ▲ 3.7% |
| Gross operating margin9900 | €8,816 | €2,014 | €4,326 | €1,293 | €3,587 | ▲ 177% |
| Operating profit (loss)9901 | €7,610 | -€906 | -€2,651 | -€8,743 | -€5,542 | ▲ 36.6% |
| Financial income75/76B | - | - | €30 | €1 | - | - |
| Recurring financial income75 | - | - | €30 | €1 | - | - |
| Financial charges65/66B | €764 | €134 | €84 | €89 | €90 | ▲ 1.7% |
| Recurring financial charges65 | €764 | €134 | €84 | €89 | €90 | ▲ 1.7% |
| Profit (loss) for the period before taxes9903 | €6,846 | -€1,040 | -€2,705 | -€8,831 | -€5,632 | ▲ 36.2% |
| Income taxes67/77 | €2,619 | - | - | - | €77 | - |
| Profit (loss) for the period9904 | €4,227 | -€1,040 | -€2,705 | -€8,831 | -€5,709 | ▲ 35.3% |
| Profit (loss) for the period to be appropriated9905 | €4,227 | -€1,040 | -€2,705 | -€8,831 | -€5,709 | ▲ 35.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49,716 | €45,878 | €42,162 | €30,816 | €25,632 | ▼ 16.8% |
| Fixed assets21/28 | €5,812 | €3,606 | €37,280 | €29,197 | €20,768 | ▼ 28.9% |
| Tangible fixed assets22/27 | €5,812 | €3,606 | €37,280 | €29,197 | €20,768 | ▼ 28.9% |
| Plant, machinery and equipment23 | €4,676 | €2,792 | €908 | €1,134 | €879 | ▼ 22.6% |
| Furniture and vehicles24 | €1,136 | €814 | €36,371 | €28,063 | €19,889 | ▼ 29.1% |
| Current assets29/58 | €43,904 | €42,272 | €4,883 | €1,619 | €4,864 | ▲ 200% |
| Amounts receivable within one year40/41 | €1,483 | €8,423 | €2,990 | €1,561 | €2,719 | ▲ 74.1% |
| Trade receivables40 | - | €7,563 | €2,530 | €1,561 | €2,719 | ▲ 74.1% |
| Other amounts receivable41 | €1,483 | €861 | €460 | - | - | - |
| Cash at bank and in hand54/58 | €42,421 | €33,849 | €1,892 | €58 | €2,145 | ▲ 3,586% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49,716 | €45,878 | €42,162 | €30,816 | €25,632 | ▼ 16.8% |
| Equity10/15 | €31,469 | €30,429 | €27,724 | €18,892 | €13,183 | ▼ 30.2% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €5,600 | €5,600 | €5,600 | €5,600 | €5,600 | = |
| Distributable reserves133 | €5,600 | €5,600 | €5,600 | €5,600 | €5,600 | = |
| Profit (loss) carried forward14 | €869 | -€171 | -€2,876 | -€11,708 | -€17,417 | ▼ 48.8% |
| Amounts payable17/49 | €18,247 | €15,450 | €14,439 | €11,924 | €12,449 | ▲ 4.4% |
| Amounts payable within one year42/48 | €18,247 | €15,450 | €14,439 | €11,924 | €12,449 | ▲ 4.4% |
| Financial debts43 | - | - | €9,000 | €9,000 | €9,000 | = |
| Other loans439 | - | - | €9,000 | €9,000 | €9,000 | = |
| Trade debts44 | €824 | - | €455 | €401 | €501 | ▲ 24.9% |
| Suppliers440/4 | €824 | - | €455 | €401 | €501 | ▲ 24.9% |
| Taxes, remuneration and social security45 | €3,356 | €3,882 | €1,315 | - | - | - |
| Taxes450/3 | €3,356 | €3,882 | €1,315 | - | - | - |
| Other amounts payable47/48 | €14,068 | €11,568 | €3,669 | €2,524 | €2,949 | ▲ 16.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,227 | -€1,040 | -€2,705 | -€8,831 | -€5,709 | ▲ 35.3% |
| + Depreciation and write-downs630 | €1,152 | €2,206 | €6,326 | €9,362 | €8,429 | ▼ 10.0% |
| Operating cash flow (approximation) | €5,380 | €1,166 | €3,621 | €530 | €2,720 | ▲ 413% |
| Investment in fixed assets (approximation) | - | €0 | -€40,000 | -€1,279 | €0 | ▲ 100% |
| Change in cash | - | -€8,572 | -€31,956 | -€1,834 | €2,087 | ▲ 214% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Similar companies · same sector, comparable size
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ID DANSE
BE 1006.045.297
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Of 2,007 companies in this sector we hold annual accounts for 121. 59 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 27-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€8,831
Net result drops to -€8,831, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €4,227 ▲239%
Operating result €7,610, net result €4,227, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Company details
Private limited company · founded 18-12-2012Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded18-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
85520Cultural education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0508665129
Also
9925:BE0508665129
Registered
14-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2012
Ground area
228 m²
Building footprint
75 m²
Volume, LiDAR
735 m³
Parcel 24482F0047/00K006, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ADIUVO
since 2012unit no. 2.218.427.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24482F0047/00K006 | Flanders | 228 m² | 1 · 75 m² | 12.6 m · 3 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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