ADOXA
ActiveADOXA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20.32M and a net result of €243k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
68
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability6▼-22
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.4M at 30 days acceptable
balance sheet total too small for a liquidity verdict, and 0.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.8%
Return on assets
1.2%
Age of the figures
20 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
30 d late
2022
31 d late
2021
61 d late
2020
89 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€20.32M▲ 1.2%
2023 · €20.08M
2018: €19.58M
2019: €17.96M
2020: €18.07M
2021: €18.49M
2022: €18.95M
2023: €20.08M
2018 → 2024
Total assets
€20.37M▲ 1.2%
2023 · €20.13M
2018: €19.82M
2019: €18.31M
2020: €18.35M
2021: €18.73M
2022: €19.31M
2023: €20.13M
2018 → 2024
Net result
€243k▼ 78.5%
2023 · €1.13M
2018: €-3.46M
2019: €-1.62M
2020: €115k
2021: €415k
2022: €458k
2023: €1.13M
2018 → 2024
Working capital
€14.91M▲ 5.0%
2023 · €14.20M
2018: €14.67M
2019: €13.29M
2020: €13.57M
2021: €14.15M
2022: €13.46M
2023: €14.20M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€18.07M-€18.49M▲ 2.3%€18.95M▲ 2.5%€20.08M▲ 6.0%€20.32M▲ 1.2%
Operating result€-156k-€15k€548k▲ 3,591%€496k▼ 9.4%€-177k
Net result€115k-€415k▲ 261%€458k▲ 10.4%€1.13M▲ 147%€243k▼ 78.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €177k after €496k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20.37M
Fixed assets
€5.41M▼ 7.9%
Current assets
€14.96M▲ 4.9%
Equity and liabilities €20.37M
Equity
€20.32M▲ 1.2%
Debt
€48k▼ 4.2%
The debt ratio stays at 0.2%.
Key figures and ratios
EBITDA
€-7k▼
2023 · €665k
Cash flow
€413k▼
2023 · €1.30M
Solvency
99.8%=
2023 · 99.8%
Debt / equity
0.00▼
2023 · 0.00
ROE
1.2%▼
2023 · 5.6%
ROA
1.2%▼
2023 · 5.6%
Interest coverage
0.36▲
2023 · -2.70
Debt
€48k▼
2023 · €50k
Debt ≤ 1 year
€47k▼
2023 · €50k
Staff costs
€143k▼
2023 · €146k
A ratio outside any meaningful range has been withheld (balance sheet total €20.37M, equity €20.32M).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20.13M€20.37M▲
Fixed assets21/28€5.87M€5.41M▼
Tangible fixed assets22/27€3.37M€3.21M▼
Land and buildings22€3.22M€3.06M▼
Furniture and vehicles24€118k€114k▼
Other tangible fixed assets26€33k€33k=
Financial fixed assets28€2.50M€2.20M▼
Current assets29/58€14.25M€14.96M▲
Amounts receivable after more than one year29€3.72M€4.04M▲
Other amounts receivable291€3.72M€4.04M▲
Amounts receivable within one year40/41€2.30M€2.24M▼
Trade receivables40€443k€328k▼
Other amounts receivable41€1.85M€1.91M▲
Current investments50/53€7.44M€8.46M▲
Cash at bank and in hand54/58€706k€128k▼
Deferred charges and accrued income490/1€93k€93k▲
Equity and liabilities
Total equity and liabilities10/49€20.13M€20.37M▲
Equity10/15€20.08M€20.32M▲
Contributions10/11€23.27M€23.27M=
Reserves13€70€70=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€70€70=
Profit (loss) carried forward14€-3.19M€-2.95M▲
Amounts payable17/49€50k€48k▼
Amounts payable within one year42/48€50k€47k▼
Trade debts44€0€3k▲
Suppliers440/4€0€3k▲
Advances received on contracts in progress46€11k€11k=
Taxes, remuneration and social security45€39k€31k▼
Taxes450/3€18k€12k▼
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€27€2k▲
Accrued charges and deferred income492/3€0€500▲
Income statement
Code20232024
Non-recurring operating income76A€782k€0▼
Remuneration, social security and pensions62€146k€143k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€169k€170k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€79k€0▼
Other operating charges640/8€46k€39k▼
Gross operating margin9900€936k€175k▼
Operating profit (loss)9901€496k€-177k▼
Financial income75/76B€695k€401k▼
Recurring financial income75€389k€401k▲
Non-recurring financial income76B€306k€0▼
Financial charges65/66B€60k€-19k▼
Recurring financial charges65€-246k€-19k▲
Non-recurring financial charges66B€306k€0▼
Profit (loss) for the period before taxes9903€1.13M€243k▼
Profit (loss) for the period9904€1.13M€243k▼
Profit (loss) for the period to be appropriated9905€1.13M€243k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3.19M€-2.95M▲
Profit (loss) brought forward from the previous period14P€-4.32M€-3.19M▲
Social balance
Average headcount (FTE)90870.90.9=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €1.13M ▲147%
Net result €1.13M, the highest in the series.
31-12
Financial
Liquidity times 7current ratio 286.72
Current ratio from 38.99 to 286.72; short-term debt falls from €354k to €50k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Back to profitnet €115k
Net result €115k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
26-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Christiaan De Meerleer
CurrentStatutair bestuurder · since 28-12-2023
Lisette Vijverman
CurrentStatutair bestuurder · since 28-12-2023
28-12-2023
Christiaan De Meerleer: Resigned as Statutair bestuurder
28-12-2023
Christiaan De Meerleer: Appointed as Statutair bestuurder
28-12-2023
Lisette Vijverman: Resigned as Statutair bestuurder
28-12-2023
Lisette Vijverman: Appointed as Statutair bestuurder
Location & real-estate footprint
Registered office, Denderleeuw · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg 3579470 DenderleeuwGround area
1,477 m²
Building footprint
386 m²
Volume, LiDAR
1,834 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADOXA
since 20112.199.636.435
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41402B0306/00B002 | Flanders | 813 m² | 1 · 258 m² | 7.5 m · 2 fl. |
| 41001B0671/00B003 | Flanders | 664 m² | 1 · 128 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 11,004 EUR awarded · 6,004 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 11,004 EUR | 6,004 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies laadpalen (Relance)
Recognitions · licences · registrations
Legal Entity Identifier
894500NXH1P8TY5GUM06
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Of 527 companies in sector 52230 we hold annual accounts for 278. 25 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2011
Fiscal year end31-12
Activities, NACEBEL
52230Warehousing and support activities for transportation
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70220Business consulting
77350Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:054318020
Fax:054328410