Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €357 falls due within a year.
Lower solvency than 82% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
In July 2024, 1,322 companies had the same profile as ADM beverages has now. Each dot stands for 4 companies, two years later.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for ADM beverages. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| ADM beverages Ghent | €44,370 | -€4,294 | -7.9% | - |
| THE VITAMIN COMPANY Ixelles | €62,050 | -€110,303 | -195.0% | - |
| YOOMY Herve | €26,438 | -€20,382 | 72.5% | - |
| Teazzerdrink Kinrooi | €24,547 | -€10,390 | -20.7% | - |
| Jean Brasse Asse | €27,873 | -€55,161 | -104.3% | - |
| SAGA TRADING Sint-Gillis (bij-Brussel) | €95,570 | -€25,014 | 25.2% | - |
| PALES DISTRI Woluwe-Saint-Pierre | €97,707 | -€30,307 | -36.5% | - |
These companies have the same main activity as ADM beverages: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €24,500 and €97,700, founded between 2023 and 2025.
The 2025 annual accounts show negative equity (-€3,488) and a net result of -€5,488. Its solvency ranks better than 18% of 15,428 sector peers (NACE 46, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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