ADMITECH
ActiveSummary
ADMITECH has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,495 and a net result of €4,007. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▲+4
Solvency54▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.44 in 2024; short-term debt: 30.7% and cash: 1.2% of total assets), and 70.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.1%
Return on assets
0.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d early
2023
49 d early
2022
27 d early
2021
2 d early
2020
65 d early
2019
85 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€123,495▲ 3.4%
2024 · €119,489
Total assets
€424,491▼ 2.3%
2024 · €434,341
Net result
€4,007▲ 29,958%
2024 · €13
Working capital
-€58,247▲ 20.6%
2024 · -€73,342
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€103,481▲ 58.3%€92,685▼ 10.4%€12,470▼ 86.5%€13,188▲ 5.8%€20,069▲ 52.2%
Net result€68,267within the sector's middle half▲ 56.4%€54,552within the sector's middle half▼ 20.1%€11,205within the sector's middle half▼ 79.5%€13within the sector's middle half▼ 99.9%€4,007within the sector's middle half▲ 29,958%
Equity€87,742within the sector's middle half▲ 29.2%€142,294within the sector's middle half▲ 62.2%€153,499within the sector's middle half▲ 7.9%€119,489within the sector's middle half▼ 22.2%€123,495within the sector's middle half▲ 3.4%
Total assets€435,698below the sector's middle half▲ 5.0%€453,242below the sector's middle half▲ 4.0%€482,452below the sector's middle half▲ 6.4%€434,341below the sector's middle half▼ 10.0%€424,491below the sector's middle half▼ 2.3%
Debt€347,956▲ 0.2%€310,948▼ 10.6%€328,953▲ 5.8%€314,852▼ 4.3%€300,996▼ 4.4%
Working capital-€50,735within the sector's middle half▲ 17.8%-€7,879within the sector's middle half▲ 84.5%-€24,937within the sector's middle half▼ 217%-€73,342within the sector's middle half▼ 194%-€58,247within the sector's middle half▲ 20.6%
Solvency20.1%within the sector's middle half▲ 3.8pp31.4%within the sector's middle half▲ 11.3pp31.8%within the sector's middle half▲ 0.4pp27.5%within the sector's middle half▼ 4.3pp29.1%within the sector's middle half▲ 1.6pp
Current ratio0.62within the sector's middle half▲ 0.190.92within the sector's middle half▲ 0.300.78within the sector's middle half▼ 0.140.44below the sector's middle half▼ 0.340.55within the sector's middle half▲ 0.11
Return on assets (ROA)15.7%above the sector's middle half▲ 5.2pp12.0%above the sector's middle half▼ 3.6pp2.3%within the sector's middle half▼ 9.7pp0.0%within the sector's middle half▼ 2.3pp0.9%within the sector's middle half▲ 0.9pp
Staff (FTE)0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 52% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €424,491
Fixed assets
€352,333 ▼ 6.6%
Current assets
€72,159 ▲ 26.1%
Equity and liabilities €424,491
Equity
€123,495 ▲ 3.4%
Debt
€300,996 ▼ 4.4%
Debt's share of the balance-sheet total falls from 72.5% to 70.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€45,657▲
2024 · €40,199
Cash flow
€29,594▲
2024 · €27,023
Debt to equity
2.44▼
2024 · 2.63
ROE
3.2%▲
2024 · 0.0%
Interest coverage
3.21▲
2024 · 2.93
Debt ≤ 1 year
€130,406▼
2024 · €130,581
Debt > 1 year
€169,380▼
2024 · €183,088
Income taxes
€1,864▲
2024 · €756
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,980 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,980 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €8,643 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,703 | €22,339 | €25,710 | €27,010 | €25,587 | ▼ 5.3% |
| Other operating charges640/8 | €4,151 | €4,099 | €4,304 | €4,698 | €5,203 | ▲ 10.7% |
| Gross operating margin9900 | €130,335 | €119,124 | €42,483 | €44,897 | €50,859 | ▲ 13.3% |
| Operating profit (loss)9901 | €103,481 | €92,685 | €12,470 | €13,188 | €20,069 | ▲ 52.2% |
| Financial income75/76B | €636 | €1,510 | €13,720 | €1,307 | €12 | ▼ 99.1% |
| Recurring financial income75 | €636 | €1,510 | €13,720 | €1,307 | €12 | ▼ 99.1% |
| Financial charges65/66B | €13,623 | €17,954 | €12,758 | €13,726 | €14,210 | ▲ 3.5% |
| Recurring financial charges65 | €13,623 | €17,954 | €12,758 | €13,726 | €14,210 | ▲ 3.5% |
| Profit (loss) for the period before taxes9903 | €90,493 | €76,241 | €13,432 | €769 | €5,871 | ▲ 663% |
| Income taxes67/77 | €22,226 | €21,690 | €2,227 | €756 | €1,864 | ▲ 147% |
| Profit (loss) for the period9904 | €68,267 | €54,552 | €11,205 | €13 | €4,007 | ▲ 29,958% |
| Profit (loss) for the period to be appropriated9905 | €68,267 | €54,552 | €11,205 | €13 | €4,007 | ▲ 29,958% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €435,698 | €453,242 | €482,452 | €434,341 | €424,491 | ▼ 2.3% |
| Fixed assets21/28 | €352,782 | €365,362 | €395,138 | €377,101 | €352,333 | ▼ 6.6% |
| Tangible fixed assets22/27 | €342,662 | €325,240 | €358,946 | €340,908 | €316,140 | ▼ 7.3% |
| Land and buildings22 | €304,079 | €293,688 | €332,526 | €318,757 | €306,006 | ▼ 4.0% |
| Plant, machinery and equipment23 | €482 | €382 | €602 | €436 | €269 | ▼ 38.2% |
| Furniture and vehicles24 | €38,101 | €31,170 | €25,817 | €21,716 | €9,865 | ▼ 54.6% |
| Financial fixed assets28 | €10,120 | €40,123 | €36,193 | €36,193 | €36,193 | = |
| Current assets29/58 | €82,916 | €87,879 | €87,314 | €57,240 | €72,159 | ▲ 26.1% |
| Amounts receivable within one year40/41 | €71,769 | €80,392 | €84,278 | €55,970 | €63,464 | ▲ 13.4% |
| Trade receivables40 | €38,879 | €27,024 | €36,850 | €18,022 | €62,205 | ▲ 245% |
| Other amounts receivable41 | €32,890 | €53,367 | €47,428 | €37,947 | €1,258 | ▼ 96.7% |
| Cash at bank and in hand54/58 | - | - | €526 | €456 | €5,225 | ▲ 1,046% |
| Deferred charges and accrued income490/1 | €11,147 | €7,487 | €2,509 | €814 | €3,470 | ▲ 326% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €435,698 | €453,242 | €482,452 | €434,341 | €424,491 | ▼ 2.3% |
| Equity10/15 | €87,742 | €142,294 | €153,499 | €119,489 | €123,495 | ▲ 3.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €69,150 | €123,702 | €134,907 | €100,897 | €104,903 | ▲ 4.0% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | - | - | - | - |
| Distributable reserves133 | €67,291 | €121,842 | €134,907 | €100,897 | €104,903 | ▲ 4.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €347,956 | €310,948 | €328,953 | €314,852 | €300,996 | ▼ 4.4% |
| Amounts payable after more than one year17 | €213,178 | €213,044 | €215,564 | €183,088 | €169,380 | ▼ 7.5% |
| Financial debts170/4 | €213,178 | €213,044 | €215,564 | €183,088 | €169,380 | ▼ 7.5% |
| Amounts payable within one year42/48 | €133,651 | €95,758 | €112,251 | €130,581 | €130,406 | ▼ 0.1% |
| Current portion of amounts payable after more than one year42 | €31,811 | €31,323 | €36,305 | €72,309 | €81,778 | ▲ 13.1% |
| Financial debts43 | €34,923 | €29,930 | €39,805 | €0 | - | - |
| Credit institutions430/8 | €34,923 | €29,930 | €39,805 | €0 | - | - |
| Trade debts44 | €12,272 | €5,025 | €7,355 | €1,791 | €14,751 | ▲ 724% |
| Suppliers440/4 | €12,272 | €5,025 | €7,355 | €1,791 | €14,751 | ▲ 724% |
| Taxes, remuneration and social security45 | €6,228 | €12,592 | - | - | €280 | - |
| Taxes450/3 | €6,228 | €12,592 | - | - | €280 | - |
| Other amounts payable47/48 | €48,418 | €16,889 | €28,785 | €56,482 | €33,595 | ▼ 40.5% |
| Accrued charges and deferred income492/3 | €1,127 | €2,146 | €1,138 | €1,183 | €1,210 | ▲ 2.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68,267 | €54,552 | €11,205 | €13 | €4,007 | ▲ 29,958% |
| + Depreciation and write-downs630 | €22,703 | €22,339 | €25,710 | €27,010 | €25,587 | ▼ 5.3% |
| Operating cash flow (approximation) | €90,970 | €76,891 | €36,915 | €27,023 | €29,594 | ▲ 9.5% |
| Investment in fixed assets (approximation) | - | -€34,920 | -€55,485 | -€8,973 | -€819 | ▲ 90.9% |
| Change in cash | - | - | - | -€70 | €4,769 | ▲ 6,896% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150,000Eq €153,499 ▲7.9%
5 profitable years in a row build equity to €153,499.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100,000Eq €142,294 ▲62.2%
4 profitable years in a row build equity to €142,294.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €68,267 ▲56.4%
Operating result €103,481, net result €68,267, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €39,360
Net result €39,360 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 1998
Ground area
421 m²
Building footprint
101 m²
Volume, LiDAR
537 m³
Parcel 46384E1063/00E003, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lodewijk Dosfelstraat 5, 9160 Lokeren
since 19982.088.998.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E1063/00E003 | Flanders | 421 m² | 1 · 101 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
50%
According to the 2025 annual accounts of ADMITECH and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
PALLADIO CONSULT
BE 0891.807.805
Elsene · Eq €123,431
REALUP
BE 0760.421.206
Wavre · Eq €123,570
SA PHARMA
BE 1004.498.643
Oudergem · Eq €123,278
BELGIUM SOUTH IMMO
BE 0673.584.529
Charleroi · Eq €123,225
AX Management
BE 0715.951.951
Schilde · Eq €123,800
Of 7,326 companies in sector 68110 we hold annual accounts for 5,390. 3,775 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
71209Other technical testing and analysis
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464411254
Also
9925:BE0464411254
Registered
13-02-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.