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ADM

Active
Private limited companyfounded 2024active for 2 yearsSpoorwegstraat 1, 9240 Zele, BelgiumKBO/BCE: BE 1014.567.639
Summary

The computed 12-month bankruptcy probability of ADM is 2.9% (moderate). The 2025 annual accounts show equity of €4,071 and a net result of €1,071. Its solvency ranks better than 34% of 22,382 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€4,071
Total assets
€27,233
Net result
€1,071
Working capital
-€3,013

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

Balance-sheet composition
Assets €27,233
Fixed assets €7,083
Current assets €20,150
Equity and liabilities €27,233
Equity €4,071
Debt €23,162
Debt finances 85.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€5,693
Cash flow
€3,987
Current ratio
0.87
Quick ratio
0.45
Debt to equity
5.69
ROE
26.3%
ROA
3.9%
Interest coverage
5.74
Debt ≤ 1 year
€23,162
Income taxes
€714
Staff costs
€29,981

Peer companies

Historical observation

Of the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.5% went bankrupt
1.2% stopped otherwise
94.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 2,542 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
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€27,233
Fixed assets21/28€7,083
Tangible fixed assets22/27€4,083
Plant, machinery and equipment23€4,083
Financial fixed assets28€3,000
Current assets29/58€20,150
Stocks and contracts in progress3€9,746
Stocks30/36€9,746
Amounts receivable within one year40/41€10,000
Other amounts receivable41€10,000
Cash at bank and in hand54/58€404
Equity and liabilities
Total equity and liabilities10/49€27,233
Equity10/15€4,071
Contributions10/11€3,000
Reserves13€1,071
Distributable reserves133€1,071
Amounts payable17/49€23,162
Amounts payable within one year42/48€23,162
Trade debts44€7,071
Suppliers440/4€7,071
Taxes, remuneration and social security45€12,383
Taxes450/3€8,752
Remuneration and social security454/9€3,631
Other amounts payable47/48€3,708
Income statement Code2025
Remuneration, social security and pensions62€29,981
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,917
Other operating charges640/8€1,957
Gross operating margin9900€37,631
Operating profit (loss)9901€2,777
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€992
Recurring financial charges65€992
Profit (loss) for the period before taxes9903€1,785
Income taxes67/77€714
Profit (loss) for the period9904€1,071
Profit (loss) for the period to be appropriated9905€1,071
Appropriation of the result
Profit (loss) to be appropriated9906€1,071
Transfer to equity691/2€1,071
To other reserves6921€1,071

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€29,981
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,917
Other operating charges640/8€1,957
Gross operating margin9900€37,631
Operating profit (loss)9901€2,777
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€992
Recurring financial charges65€992
Profit (loss) for the period before taxes9903€1,785
Income taxes67/77€714
Profit (loss) for the period9904€1,071
Profit (loss) for the period to be appropriated9905€1,071
Line2025
Assets
Total assets20/58€27,233
Fixed assets21/28€7,083
Tangible fixed assets22/27€4,083
Plant, machinery and equipment23€4,083
Financial fixed assets28€3,000
Current assets29/58€20,150
Stocks and contracts in progress3€9,746
Stocks30/36€9,746
Amounts receivable within one year40/41€10,000
Other amounts receivable41€10,000
Cash at bank and in hand54/58€404
Equity and liabilities
Total equity and liabilities10/49€27,233
Equity10/15€4,071
Contributions10/11€3,000
Reserves13€1,071
Distributable reserves133€1,071
Amounts payable17/49€23,162
Amounts payable within one year42/48€23,162
Trade debts44€7,071
Suppliers440/4€7,071
Taxes, remuneration and social security45€12,383
Taxes450/3€8,752
Remuneration and social security454/9€3,631
Other amounts payable47/48€3,708
Line2025
Profit (loss) for the period9904€1,071
+ Depreciation and write-downs630€2,917
Operating cash flow (approximation)€3,987

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 07-07-2026 2026-00269435

Similar companies · same sector, comparable size

Of the 10,316 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,860. 2,303 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.