ADOPT id
ActiveSummary
ADOPT id has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €326,549 and a net result of €105,447. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 9341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-16
Solvency84▲+17
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 1.69 against 0.77 in 2024; short-term debt: 17.7% and cash: 8% of total assets), and 40.5% of the assets are financed with debt.
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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
59.5%
Return on assets
19.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
4 d early
2021
5 d early
2020
1 d early
2019
on the day
← 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 2 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 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€326,549▲ 47.7%
2024 · €221,101
Total assets
€548,992▲ 4.8%
2024 · €523,696
Net result
€105,447
2024 · -€7,339
Working capital
€66,930
2024 · -€28,932
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-€6,379€7,811-€13,525-€1,308▲ 90.3%-€37,490▼ 2,767%
Net result-€8,468below the sector's middle half€8,480within the sector's middle half€19,126within the sector's middle half▲ 126%-€7,339within the sector's middle half€105,447above the sector's middle half
Equity€106,035within the sector's middle half▼ 7.4%€114,515within the sector's middle half▲ 8.0%€228,440within the sector's middle half▲ 99.5%€221,101within the sector's middle half▼ 3.2%€326,549within the sector's middle half▲ 47.7%
Total assets€132,030below the sector's middle half▼ 32.6%€114,909below the sector's middle half▼ 13.0%€438,675below the sector's middle half▲ 282%€523,696below the sector's middle half▲ 19.4%€548,992within the sector's middle half▲ 4.8%
Debt€25,995▼ 68.0%€394▼ 98.5%€210,235▲ 53,220%€302,595▲ 43.9%€222,443▼ 26.5%
Working capital€93,753within the sector's middle half▼ 13.4%€89,509within the sector's middle half▼ 4.5%€42,223within the sector's middle half▼ 52.8%-€28,932within the sector's middle half€66,930within the sector's middle half
Solvency80.3%above the sector's middle half▲ 21.8pp99.7%above the sector's middle half▲ 19.3pp52.1%within the sector's middle half▼ 47.6pp42.2%within the sector's middle half▼ 9.9pp59.5%within the sector's middle half▲ 17.3pp
Current ratio8.07above the sector's middle half▲ 5.152.11within the sector's middle half0.77within the sector's middle half▼ 1.341.69within the sector's middle half▲ 0.92
Return on assets (ROA)-6.4%below the sector's middle half▼ 7.3pp7.4%above the sector's middle half▲ 13.8pp4.4%within the sector's middle half▼ 3.0pp-1.4%within the sector's middle half▼ 5.8pp19.2%above the sector's middle half▲ 20.6pp
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
The operating result stays negative: a loss of €37,490 in 2025 against €1,308 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €548,992
Fixed assets
€384,912 ▼ 9.5%
Current assets
€164,080 ▲ 66.7%
Equity and liabilities €548,992
Equity
€326,549 ▲ 47.7%
Debt
€222,443 ▼ 26.5%
Debt's share of the balance-sheet total falls from 57.8% to 40.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,750▼
2024 · €40,413
Cash flow
€150,687▲
2024 · €34,382
Debt to equity
0.68▼
2024 · 1.37
ROE
32.3%▲
2024 · -3.3%
Interest coverage
1.00▼
2024 · 6.88
Debt ≤ 1 year
€97,150▼
2024 · €127,360
Debt > 1 year
€125,293▼
2024 · €175,235
Income taxes
€10,902▲
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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 | - | €4,750 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,384 | €0 | €18,591 | €41,721 | €45,239 | ▲ 8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€3,852 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €111 | €1,322 | €8,242 | €21,864 | ▲ 165% |
| Gross operating margin9900 | €649 | €7,922 | €6,389 | €44,803 | €29,614 | ▼ 33.9% |
| Operating profit (loss)9901 | -€6,379 | €7,811 | -€13,525 | -€1,308 | -€37,490 | ▼ 2,767% |
| Financial income75/76B | - | €1,648 | €35,076 | €0 | €161,599 | - |
| Recurring financial income75 | €2,438 | €1,648 | €35,076 | €0 | €10 | - |
| Non-recurring financial income76B | - | - | - | - | €161,589 | - |
| Financial charges65/66B | - | €892 | €2,323 | €5,872 | €7,760 | ▲ 32.2% |
| Recurring financial charges65 | €4,043 | €892 | €2,323 | €5,872 | €7,760 | ▲ 32.2% |
| Profit (loss) for the period before taxes9903 | -€7,984 | €8,568 | €19,228 | -€7,179 | €116,349 | ▲ 1,721% |
| Income taxes67/77 | €483 | €88 | €102 | €160 | €10,902 | ▲ 6,731% |
| Profit (loss) for the period9904 | -€8,468 | €8,480 | €19,126 | -€7,339 | €105,447 | ▲ 1,537% |
| Transfer from tax-exempt reserves789 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €4,032 | €8,480 | €19,126 | -€7,339 | €105,447 | ▲ 1,537% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €132,030 | €114,909 | €438,675 | €523,696 | €548,992 | ▲ 4.8% |
| Fixed assets21/28 | €25,020 | €25,020 | €358,418 | €425,268 | €384,912 | ▼ 9.5% |
| Tangible fixed assets22/27 | €0 | - | €340,007 | €406,858 | €384,912 | ▼ 5.4% |
| Land and buildings22 | - | - | €260,167 | €338,809 | €329,653 | ▼ 2.7% |
| Plant, machinery and equipment23 | - | - | - | €9,360 | €17,723 | ▲ 89.3% |
| Leasing and similar rights25 | - | - | €79,840 | €58,689 | €37,537 | ▼ 36.0% |
| Financial fixed assets28 | €25,020 | €25,020 | €18,411 | €18,411 | €0 | ▼ 100% |
| Current assets29/58 | €107,010 | €89,889 | €80,257 | €98,428 | €164,080 | ▲ 66.7% |
| Amounts receivable within one year40/41 | €107,008 | €79,231 | €54,872 | €73,847 | €118,592 | ▲ 60.6% |
| Trade receivables40 | - | €11,563 | €44,492 | €59,752 | €25,189 | ▼ 57.8% |
| Other amounts receivable41 | - | €67,668 | €10,380 | €14,095 | €93,402 | ▲ 563% |
| Cash at bank and in hand54/58 | €2 | €10,658 | €23,834 | €7,033 | €43,723 | ▲ 522% |
| Deferred charges and accrued income490/1 | - | - | €1,552 | €17,547 | €1,765 | ▼ 89.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €132,030 | €114,909 | €438,675 | €523,696 | €548,992 | ▲ 4.8% |
| Equity10/15 | €106,035 | €114,515 | €228,440 | €221,101 | €326,549 | ▲ 47.7% |
| Contributions10/11 | - | €61,500 | €67,097 | €67,097 | €67,097 | = |
| Reserves13 | €44,535 | €53,015 | €161,342 | €154,004 | €259,451 | ▲ 68.5% |
| Non-distributable reserves130/1 | - | €6,150 | €6,710 | €6,710 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €6,150 | €6,710 | €6,710 | €0 | ▼ 100% |
| Distributable reserves133 | - | €46,865 | €154,633 | €147,294 | €259,451 | ▲ 76.1% |
| Amounts payable17/49 | €25,995 | €394 | €210,235 | €302,595 | €222,443 | ▼ 26.5% |
| Amounts payable after more than one year17 | €12,510 | €0 | €172,201 | €175,235 | €125,293 | ▼ 28.5% |
| Financial debts170/4 | - | - | €172,201 | €175,235 | €125,293 | ▼ 28.5% |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €13,258 | €380 | €38,035 | €127,360 | €97,150 | ▼ 23.7% |
| Current portion of amounts payable after more than one year42 | - | - | €34,082 | €48,870 | €49,942 | ▲ 2.2% |
| Financial debts43 | - | €0 | - | - | - | - |
| Other loans439 | - | €0 | - | - | - | - |
| Trade debts44 | €6,992 | €292 | €3,669 | €35,313 | €17,600 | ▼ 50.2% |
| Suppliers440/4 | - | €292 | €3,669 | €35,313 | €17,600 | ▼ 50.2% |
| Taxes, remuneration and social security45 | - | €88 | €284 | €9,772 | €15,744 | ▲ 61.1% |
| Taxes450/3 | - | €88 | €284 | €9,772 | €15,744 | ▲ 61.1% |
| Other amounts payable47/48 | - | - | - | €33,405 | €13,864 | ▼ 58.5% |
| Accrued charges and deferred income492/3 | - | €14 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,468 | €8,480 | €19,126 | -€7,339 | €105,447 | ▲ 1,537% |
| + Depreciation and write-downs630 | €6,384 | €0 | €18,591 | €41,721 | €45,239 | ▲ 8.4% |
| Operating cash flow (approximation) | -€2,084 | €8,480 | €37,717 | €34,382 | €150,687 | ▲ 338% |
| Investment in fixed assets (approximation) | - | €0 | -€351,989 | -€108,571 | -€4,883 | ▲ 95.5% |
| Change in cash | - | €10,656 | €13,176 | -€16,801 | €36,690 | ▲ 318% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €105,447
Net result €105,447 after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.77 to 1.69; short-term debt falls from €127,360 to €97,150.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200,000Eq €228,440 ▲99.5%
2 profitable years in a row build equity to €228,440.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €8,480
Net result €8,480 after one loss-making year.
31-03
Financial
Liquidity times 29current ratio 236.36
Current ratio from 8.07 to 236.36; short-term debt falls from €13,258 to €380.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet -€8,468
Net result drops to -€8,468, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 8.07
Current ratio from 2.93 to 8.07; short-term debt falls from €56,191 to €13,258.
Show earlier events
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €1,833
Net result €1,833 after one loss-making year.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
23-09
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.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Roeselare · 1 establishment unit since 2004
Ground area
605 m²
Building footprint
178 m²
Volume, LiDAR
1,167 m³
Parcel 36017A0756/00Y000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADOPT id
since 20042.144.252.207
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017A0756/00Y000 | Flanders | 604 m² | 1 · 178 m² | 9.9 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
1 holdingOwners 0
The accounts to 31-03-2024 list no shareholders, and no other source names one.
Holdings 1
-
30%
According to the annual accounts to 31-03-2024 of ADOPT id 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 536 EUR awarded · 536 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 536 EUR | 536 EUR |
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Of 12,041 companies in sector 68203 we hold annual accounts for 6,005. 4,426 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
Founded08-12-2004
Fiscal year end31-03
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
62200Computer consultancy and computer facilities management
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0870456026
Also
9925:BE0870456026
Registered
19-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.