Financials
- Fiscal year
- 2024
- Turnover
- €240,792
- Profit
- €35,633
- Solvency
- 77.7%
Turnover▼ 21.3%
Net result
20182024
ADL URSU CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ADL URSU CONSTRUCT is 4.4% (elevated). The 2024 annual accounts show equity of €234,807 and a net result of €35,633. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 3556 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Other specialised construction activities
NACE 43990NACE 43999
1 site
Size
€240,792turnover 2024
- Equity
- €234,807
- Profit
- €35,633
Structure
Accounts 63 d overdue0 of 4 deeds read
Why 40- Figures for FY 2024 (filed 01-10-2025)- Liquidity: current ratio 5.98, cash €770- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late- Size: turnover €240,792, total assets €302,335Show the evidence
Checked score
Score 2024
40
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 62% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
100+2
equity 77.7% of total assets
Liquidity
47+1
short-term debt 15.3% · cash 0.3%
Profitability
89-2
return on assets 11.8%
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 17 months
06-2025: 2.9%
07-2025: 2.9%▼ -1.3% vs 06-2025
08-2025: 3.5%▲ +20.7% vs 07-2025
09-2025: 3.9%▲ +12.6% vs 08-2025
10-2025: 5.4%▲ +38.4% vs 09-2025highest value
11-2025: 2.3%▼ -56.5% vs 10-2025
12-2025: 2.3%▼ -3.4% vs 11-2025
01-2026: 2.3%● 0.0% vs 12-2025
02-2026: 2.3%● 0.0% vs 01-2026
03-2026: 2.4%▲ +7.0% vs 02-2026
04-2026: 2.4%▼ -0.4% vs 03-2026
05-2026: 2.4%▼ -1.9% vs 04-2026
06-2026: 2.2%▼ -5.6% vs 05-2026
07-2026: 2.2%▼ -3.2% vs 06-2026lowest value
08-2026: 2.9%▲ +33.5% vs 07-2026
09-2026: 3.2%▲ +9.4% vs 08-2026
10-2026: 4.4%▲ +39.4% vs 09-2026
- Figures for FY 2024 (filed 01-10-2025) raises the probability
- Liquidity: current ratio 5.98, cash €770 raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late raises the probability
- Size: turnover €240,792, total assets €302,335 raises the probability for this profile
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 5.98 against 5.02 in 2023; short-term debt: 15.3% and cash: 0.3% of total assets), and 22.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 38%, profitability 75%, growth against the median 44%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
91 d late
2022
92 d late
2021
78 d late
2020
61 d late
2019
122 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 84 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Equity above €200,000Eq €234,807 ▲17.9%
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 30-09-2025Annual accounts filed
- 31-12-2024Equity above €200,000
- 30-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Other specialised construction activitiesNACE 43990
- Founded
- 04-09-2014
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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