Equity
ADMIN SADI has made a profit in every financial year since 2006.
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ADMIN SADI has made a profit in every financial year since 2006.
Green is investment, beige is depreciation.
Eight of the last ten came late. The 2019 accounts came latest: 66 days after the end of the period.
In July 2024, 17,041 companies had the same profile as ADMIN SADI has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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 17,041 companies, not a prediction for ADMIN SADI. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
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| Company | ||||
|---|---|---|---|---|
| ADMIN SADI Bruges | €429,360 | €6,716 | 84.0% | - |
| ANYLESA Menen | €402,769 | €7,037 | 99.5% | - |
| VISIEBLE Halle | €420,328 | €7,046 | 99.1% | - |
| ELESCO Waimes | €409,969 | €7,077 | 33.3% | - |
| IMMOLU Bruges | €562,276 | €5,174 | 60.4% | - |
| OOSTDUINKERKSE BOUW EN IMMOBILIEN MAATSCHAPPIJ Koksijde | €442,549 | €11,081 | 75.4% | - |
| M.I.V. Herent | €396,453 | €7,964 | 43.1% | - |
These companies have the same main activity as ADMIN SADI: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €396,000 and €562,000, founded between 1989 and 1999.
ADMIN SADI files the micro format. That format states no turnover. The gross margin fell from €36,240 in 2006 to €6,716 in 2025.
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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