Equity
Equity fell by 74% in 6 years.
In July 2024, 34,693 companies had the same profile as ADMIN PRO SOLUTIONS has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,448 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 34,693 companies, not a prediction for ADMIN PRO SOLUTIONS. 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 | ||||
|---|---|---|---|---|
| ADMIN PRO SOLUTIONS Forest | €82,525 | €41,716 | 64.1% | - |
| Aroma Communicatie Meerhout | €93,810 | €48,681 | 49.3% | - |
| MAWET AND Co Nivelles | €98,455 | €40,799 | 64.6% | - |
| SoPink Auderghem | €99,082 | €31,512 | 43.7% | - |
| POP & CO Jette | €103,036 | €38,438 | 82.9% | - |
| INSTICOM Ixelles | €58,039 | €44,077 | 0.2% | - |
| SPARKIES Uccle | €125,395 | €51,049 | -12.8% | - |
These companies have the same main activity as ADMIN PRO SOLUTIONS: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €58,000 and €125,000, founded between 2004 and 2010.
ADMIN PRO SOLUTIONS files the abbreviated format. That format states no turnover. The gross margin fell from €84,427 in 2009 to €41,716 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €77,000 and €150,000.
Higher than 68% of 2,094 companies in 2025.
Higher than 70% of 2,010 companies in 2025.
Higher than 93% of 2,053 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
82,525 | 71,481 | 137,669 | 123,145 | 127,393 | 222,761 | 222,480 | 193,538 | 184,226 | 177,531 | 176,682 | 151,735 | 123,379 | 118,486 | 131,860 | 162,593 | 88,871 | |
20 |
- | 1,030 | 1,030 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
21/28 |
- | - | - | - | 1,200 | 15,746 | 15,795 | 16,391 | 15,200 | 16,658 | 20,420 | 7,599 | 3,349 | 4,617 | 5,923 | 6,344 | 121 | |
22/27 |
- | - | - | - | - | 546 | 595 | 1,191 | 0 | 1,296 | 5,057 | 6,237 | 2,611 | 3,917 | 5,223 | 6,344 | 121 | |
24 |
- | - | - | - | - | 546 | 595 | 1,191 | 0 | 1,296 | 5,057 | 6,237 | 2,611 | 3,917 | 5,223 | 6,344 | 121 | |
28 |
- | - | - | - | 1,200 | 15,200 | 15,200 | 15,200 | 15,200 | 15,363 | 15,363 | 1,362 | 738 | 700 | 700 | - | - | |
29/58 |
82,525 | 70,451 | 136,639 | 123,145 | 126,193 | 207,015 | 206,685 | 177,148 | 169,026 | 160,872 | 156,262 | 144,136 | 120,030 | 113,869 | 125,937 | 156,249 | 88,750 | |
29 |
7,317 | 7,317 | 90,000 | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
290 |
7,317 | 7,317 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
- | - | 90,000 | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
6,765 | 10,648 | 9,906 | 15,905 | 14,743 | 94,664 | 153,026 | 113,168 | 113,591 | 133,025 | 100,320 | 99,137 | 79,553 | 68,878 | 74,669 | 84,216 | 56,197 | |
40 |
6,577 | 10,648 | 3,630 | 3,061 | - | 81,223 | 133,839 | 94,230 | 84,823 | 96,275 | 68,968 | 59,374 | 54,691 | 41,887 | 52,314 | 46,243 | 22,793 | |
41 |
189 | - | 6,276 | 12,844 | 14,743 | 13,441 | 19,186 | 18,939 | 28,768 | 36,750 | 31,352 | 39,763 | 24,862 | 26,991 | 22,355 | 37,973 | 33,404 | |
54/58 |
58,362 | 52,486 | 36,733 | 17,240 | 110,904 | 112,351 | 53,659 | 63,979 | 55,435 | 27,847 | 52,941 | 41,999 | 40,003 | 44,499 | 50,804 | 57,845 | 29,361 | |
490/1 |
10,080 | - | - | - | 546 | - | - | - | - | - | 3,000 | 3,000 | 474 | 492 | 464 | 14,188 | 3,192 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
82,525 | 71,481 | 137,669 | 123,145 | 127,393 | 222,761 | 222,480 | 193,538 | 184,226 | 177,531 | 176,682 | 151,735 | 123,379 | 118,486 | 131,860 | 162,593 | 88,871 | |
10/15 |
52,862 | 64,659 | 46,098 | 122,352 | 123,869 | 166,837 | 200,084 | 186,397 | 174,759 | 167,859 | 156,096 | 128,898 | 120,332 | 107,372 | 102,828 | 129,996 | 78,286 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
32,225 | 34,085 | 34,085 | 34,085 | 34,085 | 34,085 | 34,085 | 20,398 | 8,759 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | 18,538 | 6,899 | - | - | - | - | - | - | - | - | |
133 |
32,225 | 34,085 | 34,085 | 32,225 | 32,225 | 32,225 | 32,225 | - | - | - | - | - | - | - | - | - | - | |
14 |
14,437 | 24,374 | 5,813 | 82,067 | 83,583 | 126,552 | 159,799 | 159,799 | 159,799 | 159,799 | 148,036 | 120,838 | 112,272 | 99,312 | 94,768 | 121,936 | 70,226 | |
17/49 |
29,663 | 6,822 | 91,571 | 792 | 3,524 | 55,924 | 22,396 | 7,141 | 9,468 | 9,671 | 20,586 | 22,837 | 3,047 | 11,114 | 29,032 | 32,597 | 10,585 | |
17 |
- | - | - | - | - | - | - | - | - | 3,111 | 8,798 | 5,894 | - | 1,903 | 4,094 | 5,321 | - | |
170/4 |
- | - | - | - | - | - | - | - | - | 3,111 | 8,798 | 5,894 | - | 1,903 | 4,094 | 5,321 | - | |
42/48 |
29,103 | 6,822 | 91,571 | 792 | 3,524 | 55,924 | 22,396 | 7,141 | 9,468 | 6,560 | 11,787 | 14,943 | 3,047 | 9,211 | 24,938 | 27,276 | 10,585 | |
42 |
- | - | - | - | - | - | - | - | 3,111 | 5,687 | 5,503 | 2,170 | 1,903 | 2,191 | 16,095 | 15,774 | 8,263 | |
44 |
430 | 2,202 | 660 | 792 | 289 | 17,727 | 10,015 | 4,048 | 3,520 | - | 6,279 | 9,819 | 1,109 | 4,663 | 8,132 | 4,677 | - | |
440/4 |
430 | 2,202 | 660 | 792 | 289 | 17,727 | 10,015 | 4,048 | 3,520 | - | 6,279 | 9,819 | 1,109 | 4,663 | 8,132 | 4,677 | - | |
45 |
2,026 | 1,586 | 912 | - | - | 10,500 | 227 | 2,940 | 2,836 | 873 | 5 | 2,954 | 35 | 2,357 | 711 | 6,825 | 2,322 | |
450/3 |
2,026 | 1,586 | 912 | - | - | 10,500 | 227 | 2,940 | 2,836 | 873 | 5 | 5 | 35 | 35 | 711 | 2,181 | - | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | 2,949 | - | 2,322 | - | 4,644 | 2,322 | |
47/48 |
26,647 | 3,034 | 90,000 | - | 3,236 | 27,697 | 12,153 | 153 | - | - | - | - | - | - | - | - | - | |
492/3 |
560 | - | - | - | - | - | - | - | - | - | - | 2,000 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
9900 |
41,716 | 17,520 | 11,417 | -2,692 | -2,450 | 14,865 | 32,019 | 17,858 | 18,086 | 22,050 | 22,321 | 28,545 | 15,773 | 17,045 | -4,969 | 69,822 | 84,427 | |
62 |
- | - | - | - | - | - | - | 654 | 334 | 112 | 2,168 | 7,744 | - | - | - | - | - | |
630 |
1,030 | - | - | - | - | 50 | 595 | 595 | 1,296 | 3,761 | 5,067 | 3,771 | 1,306 | 1,306 | 1,366 | 1,632 | 960 | |
640/8 |
- | - | - | 340 | 49,246 | 9,130 | 109 | 1,459 | 467 | 2,254 | 334 | 5,763 | 522 | 802 | 1,544 | 1,828 | 881 | |
66A |
100 | - | - | - | - | - | - | 527 | 270 | 1,040 | 175 | - | 80 | 802 | 499 | 100 | 330 | |
9901 |
40,586 | 17,520 | 11,417 | -3,032 | -51,695 | 5,685 | 31,314 | 14,623 | 15,720 | 14,882 | 14,752 | 11,267 | 13,945 | 14,937 | -7,879 | 66,362 | 82,586 | |
75/76B |
- | 1,041 | 2,499 | 2,100 | 8,547 | 31 | 9 | 1,456 | 2,466 | 3,351 | 2,373 | 24 | 1,743 | 1,653 | 942 | 36 | - | |
75 |
- | 1,041 | 2,499 | 2,100 | 8,547 | 31 | 9 | 1,456 | 2,466 | 3,351 | 2,373 | 24 | 1,743 | 1,653 | 942 | 36 | - | |
65/66B |
72 | 0 | 171 | 215 | 265 | 282 | 408 | 337 | 766 | 597 | 714 | 939 | 438 | 588 | 985 | 588 | 170 | |
65 |
72 | 0 | 171 | 215 | 265 | 282 | 408 | 337 | 766 | 597 | 714 | 939 | 438 | 588 | 985 | 588 | 170 | |
9903 |
40,514 | 18,562 | 13,745 | -1,148 | -43,414 | 5,435 | 30,915 | 15,743 | 17,420 | 17,636 | 16,236 | 10,352 | 15,170 | 15,200 | -8,421 | 65,710 | 82,086 | |
67/77 |
7,311 | - | - | 369 | -446 | 3,682 | 5,227 | 4,104 | 9,831 | 5,873 | -10,963 | 1,786 | 2,210 | 10,656 | 18,747 | 14,000 | 10,000 | |
9904 |
33,203 | 18,562 | 13,745 | -1,516 | -42,968 | 1,752 | 25,688 | 11,638 | 7,589 | 11,763 | 27,199 | 8,566 | 12,960 | 4,544 | -27,168 | 51,710 | 72,086 | |
789 |
- | - | - | - | - | - | 18,538 | - | - | - | - | - | - | - | - | - | - | |
9905 |
33,203 | 18,562 | 13,745 | -1,516 | -42,968 | 1,752 | 44,225 | 11,638 | 7,589 | 11,763 | 27,199 | 8,566 | 12,960 | 4,544 | -27,168 | 51,710 | 72,086 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
57,577 | 24,374 | 95,813 | 82,067 | 83,583 | 161,552 | 204,024 | 171,438 | 167,389 | 159,799 | 148,036 | 120,838 | 112,272 | 99,312 | 94,768 | 121,936 | 72,086 | |
14P |
24,374 | 5,813 | 82,067 | 83,583 | 126,552 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | 35,000 | 32,225 | 11,638 | 7,589 | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | - | - | - | - | 35,000 | 32,225 | 11,638 | 7,589 | - | - | - | - | - | - | - | - | |
694/7 |
45,000 | - | 90,000 | - | - | - | 12,000 | - | - | - | - | - | - | - | - | - | - | |
694 |
45,000 | - | 90,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | 12,000 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | 0.1 | 0.4 | - | - | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 65 | 323 | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 6 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 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-07-2026 | 2026-00370740 | |
| 31-12-2024 | full format | 30-07-2025 | 2025-00334477 | |
| 31-12-2023 | full format | 31-08-2024 | 2024-00422858 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00388688 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20401294 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60800196 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-66800154 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57300511 | |
| 31-12-2017 | micro format | 30-08-2018 | 2018-56800243 | |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54300062 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-50800025 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-50900549 | |
| 31-12-2013 | full format | 18-09-2014 | 2014-59100042 | |
| 31-12-2012 | full format | 31-08-2013 | 2013-57400363 | |
| 31-12-2011 | full format | 31-08-2013 | 2013-57400448 | |
| 31-12-2010 | full format | 31-08-2011 | 2011-53500486 | |
| 31-12-2009 | full format | 31-08-2010 | 2010-52900286 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41,616 | - | - | - | - | 5,735 | 31,909 | 15,219 | 17,016 | 18,644 | 19,819 | 15,038 | 15,251 | 16,243 | -6,513 | 67,994 | 83,546 | ||
| 34,233 | - | - | - | - | 1,802 | 26,283 | 12,234 | 8,885 | 15,525 | 32,266 | 12,337 | 14,266 | 5,850 | -25,802 | 53,342 | 73,046 | ||
| 0 | - | - | - | - | 50 | 0 | 1,786 | -163 | 0 | 17,888 | 8,021 | 38 | 0 | 7,229 | 7,855 | 181 | ||
| 5,876 | 15,752 | 19,493 | -93,664 | -1,447 | 58,692 | -10,320 | 8,544 | 27,588 | -25,094 | 10,942 | 1,996 | -4,496 | -6,305 | -7,041 | 28,484 | - | ||
| 53,422 | 63,629 | 45,068 | 122,352 | 122,669 | 151,091 | 184,289 | 170,006 | 159,559 | 154,312 | 144,474 | 129,193 | 116,983 | 104,658 | 100,999 | 128,973 | 78,165 | ||
| 64.1% | 90.5% | 33.5% | 99.4% | 97.2% | 74.9% | 89.9% | 96.3% | 94.9% | 94.6% | 88.3% | 84.9% | 97.5% | 90.6% | 78.0% | 80.0% | 88.1% | ||
| 2.84 | 10.33 | 1.49 | - | 35.81 | 3.70 | 9.23 | 24.81 | 17.85 | 24.52 | 13.26 | 9.65 | 39.39 | 12.36 | 5.05 | 5.73 | 8.38 | ||
| 0.56 | 0.11 | 1.99 | 0.01 | 0.03 | 0.34 | 0.11 | 0.04 | 0.05 | 0.06 | 0.13 | 0.18 | 0.03 | 0.10 | 0.28 | 0.25 | 0.14 | ||
| 62.8% | 28.7% | 29.8% | -1.2% | -34.7% | 1.1% | 12.8% | 6.2% | 4.3% | 7.0% | 17.4% | 6.6% | 10.8% | 4.2% | -26.4% | 39.8% | 92.1% | ||
| 40.2% | 26.0% | 10.0% | -1.2% | -33.7% | 0.8% | 11.5% | 6.0% | 4.1% | 6.6% | 15.4% | 5.6% | 10.5% | 3.8% | -20.6% | 31.8% | 81.1% | ||
| over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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.
The operating result for 2025 is 132% higher than in 2024 and the highest since 2010. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total rises from 9.5% to 35.9%. Equity is lower and debt is higher.
Source: list of holdings in the 2025 accounts of . Every holding stands with its own latest accounts.
| Innovation & Diffusion
registered office since 16-02-2009 · founded in 2009 |
total assets €1.3m (2025) 0809.849.436 |
| IMMO 547
registered office since 28-01-2003 · founded in 2003 |
total assets €821,705 (2025) 0479.402.605 |
| ACTEON OFFICE
registered office since 27-06-2008 · founded in 2008 |
total assets €677,840 (2025) 0898.866.039 |
| FGC FID
registered office since 03-12-2012 · founded in 2012 |
total assets €221,815 (2025) 0501.700.430 |
| ACSION
registered office since 05-06-2011 · founded in 2011 |
total assets €113,277 (2025) 0836.442.579 |
| Ad-Vitam Life
registered office since 28-06-2017 · founded in 2017 · negative equity (2025) |
total assets €95,668 (2025) 0677.675.949 |
| SANILIGHT SYSTEMS
registered office since 05-03-2010 · founded in 2010 |
total assets €58,870 (2025) 0823.665.503 |
| Marcos Gonzalez Fiscal Consultancy
establishment since 03-05-2022 · founded in 2022 |
total assets €45,761 (2025) 0785.678.224 |
| PUBLIEST BELGIQUE
establishment since 16-05-2006 · founded in 2006 · negative equity (2025) |
total assets €21,809 (2025) 0884.281.890 |
| BRAMLI FINANCES
registered office since 04-04-2024 |
founded in 2024 1008.034.193 |
The network starts from the shareholders of ADMIN PRO SOLUTIONS. Every company they also own or run is a node.
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 |
|---|---|---|
| Molièrelaan 143 registered office 1190 Forest 47621 Retail sale of newspapers and periodicals | 27-10-2008 | 2.174.501.854 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21383B0077/00Z004 | 623 m² | 1 · 392 m² | 30.1 m · 9 |
If something looks wrong or is missing, please tell us.