Investments
Green is investment, beige is depreciation.
Green is investment, beige is depreciation.
Latest accounts filed late: after the legal deadline.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 68% of them on solvency, 74% on liquidity, 41% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as Admin Pro has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Admin Pro itself is lower: 0.1% within 12 months. It rests on far more data about Admin Pro than the profile alone.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,972 companies, not a prediction for Admin Pro. 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.
Liquidity is ample, with a current ratio of 3.11 (3.67 in 2024), above the usual 1.5. Short-term debt is 28.5% and cash 35.2% of total assets. 28.5% of the assets are financed with debt and provisions.
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.
The company filed its last 6 accounts on average 84 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Admin Pro Grimbergen | €52,018 | €11,519 | 71.5% | - |
| SlimEnergy Leuven | €47,354 | €11,247 | 36.4% | - |
| DX MANAGEMENT Affligem | €63,755 | €12,727 | 3.9% | - |
| JF Consultancy Herent | €51,949 | €14,496 | 61.1% | - |
| EBCP CONSULT Ecaussinnes | €54,863 | €11,282 | 92.7% | - |
| CDT Counselling Chaumont-Gistoux | €52,203 | €10,744 | 74.3% | - |
| IE Projects Laarne | €49,023 | €12,350 | 6.9% | - |
These companies have the same main activity as Admin Pro: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €47,400 and €63,800, founded between 2019 and 2020.
Admin Pro files the micro format. That format states no turnover. The gross margin rose from -€2,566 in 2020 to €11,519 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €54,000. Estimated: probably between €26,000 and €110,000.
Higher than 67% of 39,364 companies in 2025.
Higher than 64% of 38,048 companies in 2025.
Higher than 33% of 38,520 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
52,018 | 46,783 | 27,068 | 20,441 | 19,145 | 4,787 | |
21/28 |
5,889 | 4,381 | - | - | 228 | 531 | |
22/27 |
5,889 | 4,381 | - | - | 228 | 531 | |
24 |
5,889 | 4,381 | - | - | 228 | 531 | |
29/58 |
46,129 | 42,402 | 27,068 | 20,441 | 18,917 | 4,256 | |
40/41 |
21,903 | 17,356 | 22,731 | 7,057 | 92 | 914 | |
40 |
7,736 | 7,874 | 2,022 | 1,185 | 92 | 885 | |
41 |
14,167 | 9,482 | 20,709 | 5,872 | - | 29 | |
54/58 |
18,328 | 16,865 | 4,337 | 13,384 | 18,825 | 3,342 | |
490/1 |
5,898 | 8,181 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
52,018 | 46,783 | 27,068 | 20,441 | 19,145 | 4,787 | |
10/15 |
37,206 | 34,186 | 22,465 | 17,551 | 13,029 | 55 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
100 |
- | - | - | - | - | 3,000 | |
14 |
34,206 | 31,186 | 19,465 | 14,551 | 10,029 | -2,945 | |
17/49 |
14,812 | 12,597 | 4,603 | 2,890 | 6,116 | 4,732 | |
42/48 |
14,812 | 11,555 | 4,603 | 2,890 | 6,116 | 4,732 | |
44 |
753 | 2,112 | - | 228 | 939 | 232 | |
440/4 |
753 | 2,112 | - | 228 | 742 | 232 | |
441 |
- | - | - | - | 197 | - | |
45 |
14,059 | 9,443 | 4,603 | 2,662 | 170 | - | |
450/3 |
1,006 | 9,443 | 4,603 | 2,662 | 170 | - | |
454/9 |
13,053 | - | - | - | - | - | |
47/48 |
- | - | - | - | 5,007 | 4,500 | |
492/3 |
- | 1,042 | - | - | - | - | |
| Income statement | |||||||
76A |
- | 7,670 | - | - | - | - | |
9900 |
11,519 | 18,525 | 6,786 | 11,053 | 11,926 | -2,566 | |
60/61 |
- | - | - | - | - | 10,987 | |
62 |
- | 1,618 | - | - | - | - | |
630 |
512 | 499 | - | 228 | 303 | 379 | |
640/8 |
2,894 | 544 | - | - | - | - | |
66A |
1,241 | - | - | - | - | - | |
9901 |
6,872 | 15,864 | 6,786 | 10,825 | 11,623 | -2,945 | |
75/76B |
- | - | - | - | 1,500 | - | |
75 |
- | - | - | - | 1,500 | - | |
65/66B |
542 | 236 | 234 | 179 | 149 | 0 | |
65 |
356 | 236 | 234 | 179 | 149 | 0 | |
66B |
186 | - | - | - | - | - | |
9903 |
6,330 | 15,628 | 6,552 | 10,646 | 12,974 | -2,945 | |
67/77 |
3,310 | 3,907 | 1,638 | 6,124 | - | 0 | |
9904 |
3,020 | 11,721 | 4,914 | 4,522 | 12,974 | -2,945 | |
9905 |
3,020 | 11,721 | 4,914 | 4,522 | 12,974 | -2,945 | |
| Appropriation of the result | |||||||
9906 |
34,206 | 31,186 | 19,465 | 14,551 | 10,029 | -2,945 | |
14P |
31,186 | 19,465 | 14,551 | 10,029 | -2,945 | - | |
| Document | |||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-09-2026.
2025 annual accounts filed 61 days after the deadline. Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00534635.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00534635 | |
| 31-12-2024 | micro format | 08-10-2025 | 2025-00535629 | |
| 31-12-2023 | micro format | 07-04-2025 | 2025-00064414 | |
| 31-12-2022 | micro format | 03-11-2023 | 2023-00504391 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20372719 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-41400490 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 7,384 | 16,363 | - | 11,053 | 11,926 | -2,566 | ||
| 3,532 | 12,220 | - | 4,750 | 13,277 | -2,566 | ||
| 6,401 | 4,880 | - | 0 | 0 | 910 | ||
| 1,463 | 12,528 | -9,047 | -5,441 | 15,483 | - | ||
| 31,317 | 30,847 | 22,465 | 17,551 | 12,801 | -476 | ||
| 71.5% | 73.1% | 83.0% | 85.9% | 68.1% | - | ||
| 3.11 | 3.67 | 5.88 | 7.07 | 3.09 | - | ||
| 0.40 | 0.37 | 0.20 | 0.16 | 0.47 | - | ||
| 8.1% | 34.3% | 21.9% | 25.8% | 99.6% | - | ||
| 5.8% | 25.1% | 18.2% | 22.1% | 67.8% | - | ||
| 20.74 | 69.33 | - | 61.75 | 80.04 | - | ||
| - | - | - | - | - | 8 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6,401 | €4,880 | - | - | - |
| €512 | €499 | - | €228 | €303 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 57% lower than in 2024.
Debt's share of the balance-sheet total rises from 26.9% to 28.5%. Equity and debt are higher.
Admin Pro has no parent and no holdings in its annual accounts.
| MT BOUW
registered office since 01-10-2021 · founded in 2021 · accounts filed late |
7 FTE (2024) 0774.891.923 |
| HAKY
registered office since 03-02-2006 · founded in 2006 |
total assets €577,088 (2025) 0879.267.683 |
| SALOUM & CO
registered office since 12-05-2017 · founded in 2017 · accounts filed late |
total assets €380,380 (2024) 0675.663.101 |
| D'M RENOVE
registered office since 25-11-2021 · founded in 2021 · accounts filed late |
total assets €284,880 (2024) 0777.725.907 |
| Tio Construct
registered office since 30-09-2021 · founded in 2021 · accounts filed late |
total assets €201,883 (2024) 0774.811.155 |
| D’MB SOLAR
registered office since 07-07-2023 · founded in 2023 · accounts filed late |
total assets €144,395 (2024) 0803.744.374 |
| AZ 4 CLEAN
registered office since 05-02-2015 · founded in 2015 · negative equity (2023) · accounts filed late |
total assets €132,055 (2023) 0597.728.252 |
| LF GROUP
registered office since 25-05-2021 · founded in 2021 |
total assets €119,530 (2025) 0768.716.189 |
| MOGADIS
registered office since 25-01-2011 · founded in 2011 |
turnover €97,602 (2025) 0833.147.648 |
| Zuid-West AD
registered office since 06-02-2014 · founded in 2014 |
total assets €95,459 (2025) 0545.907.684 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Admin Pay registered office Romeinsesteenweg 464, 1853 Grimbergen | 09-09-2019 | 2.294.129.578 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23084A0514/00N002 | 901 m² | 1 · 246 m² | 15.9 m · 4 |
If something looks wrong or is missing, please tell us.