ADPADEM
ActiveADPADEM has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €139k and a net result of €88k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 70 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100=
Solvency30▼-67
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.35 against 2.21 in 2025), and 73.2% 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○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
Sector 68
lower
← 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 2026Solvency, return and age of the figures
Solvency
26.8%
Return on assets
17.1%
Age of the figures
5 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-07-2026, 98 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2026
98 d early
2025
5 d early
2024
3 d early
2023
3 d early
2022
3 d early
2021
4 d early
2020
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€139k▼ 57.8%
2025 · €328k
2019: €52k
2021: €123k
2022: €165k
2023: €188k
2024: €248k
2025: €328k
2019 → 2026
Total assets
€516k▼ 14.2%
2025 · €602k
2019: €479k
2021: €505k
2022: €549k
2023: €584k
2024: €565k
2025: €602k
2019 → 2026
Net result
€88k▲ 10.4%
2025 · €80k
2019: €2k
2021: €54k
2022: €42k
2023: €23k
2024: €60k
2025: €80k
2019 → 2026
Working capital
€-128k
2025 · €73k
2019: €8k
2021: €57k
2022: €-29k
2023: €-33k
2024: €-11k
2025: €73k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€165k-€188k▲ 14.0%€248k▲ 32.1%€328k▲ 32.2%€139k▼ 57.8%
Operating result€58k-€36k▼ 37.2%€89k▲ 146%€107k▲ 20.9%€125k▲ 16.6%
Net result€42k-€23k▼ 44.7%€60k▲ 162%€80k▲ 32.4%€88k▲ 10.4%
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 three years in a row; 2026 is 17% above 2025 and is the highest year so far.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €516k
Fixed assets
€447k▼ 4.5%
Current assets
€69k▼ 48.4%
Equity and liabilities €516k
Equity
€139k▼ 57.8%
Debt
€378k▲ 37.9%
The debt ratio rises from 45.5% to 73.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€152k▲
2025 · €133k
Cash flow
€115k▲
2025 · €106k
Solvency
26.8%▼
2025 · 54.5%
Current ratio
0.35▼
2025 · 2.21
Quick ratio
0.35▼
2025 · 2.21
Debt / equity
2.73▲
2025 · 0.84
ROE
63.6%▲
2025 · 24.3%
ROA
17.1%▲
2025 · 13.3%
Interest coverage
25.62▼
2025 · 25.72
Debt
€378k▲
2025 · €274k
Debt ≤ 1 year
€197k▲
2025 · €61k
Debt > 1 year
€180k▼
2025 · €213k
Income taxes
€31k▲
2025 · €24k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€602k€516k▼
Fixed assets21/28€468k€447k▼
Tangible fixed assets22/27€468k€447k▼
Land and buildings22€452k€430k▼
Furniture and vehicles24€16k€18k▲
Current assets29/58€134k€69k▼
Amounts receivable within one year40/41€100k€38k▼
Trade receivables40€40k€38k▼
Other amounts receivable41€60k€0▼
Cash at bank and in hand54/58€30k€28k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€602k€516k▼
Equity10/15€328k€139k▼
Contributions10/11€50k€50k=
Reserves13€278k€89k▼
Distributable reserves133€278k€89k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€274k€378k▲
Amounts payable after more than one year17€213k€180k▼
Financial debts170/4€213k€180k▼
Amounts payable within one year42/48€61k€197k▲
Current portion of amounts payable after more than one year42€32k€32k▲
Financial debts43€7k€7k▼
Credit institutions430/8€7k€7k▼
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€18k€28k▲
Taxes450/3€18k€28k▲
Other amounts payable47/48€0€127k▲
Accrued charges and deferred income492/3€1k€570▼
Income statement
Code20252026
Non-recurring operating income76A€19k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€27k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€137k€157k▲
Operating profit (loss)9901€107k€125k▲
Financial income75/76B€1k€65▼
Recurring financial income75€1k€65▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€103k€119k▲
Income taxes67/77€24k€31k▲
Profit (loss) for the period9904€80k€88k▲
Profit (loss) for the period to be appropriated9905€80k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€88k▲
Transfer from equity791/2-€278k
Transfer to equity691/2€80k€88k▲
To other reserves6921€80k€88k▲
Profit to be distributed694/7-€278k
Return on contributions (dividend)694-€278k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
25-07
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2019net €88k ▲10.4%
Operating result €125k, net result €88k, both a record.
2025
26-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 2.21
Current ratio from 0.85 to 2.21; short-term debt falls from €72k to €61k.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €200kEq €248k ▲32.1%
5 profitable years in a row build equity to €248k.
2023
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150kEq €165k ▲33.8%
3 profitable years in a row build equity to €165k.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €100kEq €123k ▲135%
2 profitable years in a row build equity to €123k.
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
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.
30-01-2023
Isabelle DE MOL: Resigned as Niet statutair zaakvoerder
30-01-2023
Jean-Luc DE MEYER: Resigned as Niet statutair bestuurder
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2017
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.
Voordestraat 70A9080 LochristiGround area
1,129 m²
Building footprint
166 m²
Volume, LiDAR
1,060 m³
Parcel 44034C0881/00D000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADPADEM
since 20172.264.844.387
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034C0881/00D000 | Flanders | 1,129 m² | 1 · 166 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JRM Estate
BE 0783.527.396
Beveren-Kruibeke-Zwijndrecht · Eq €138k
EASY SYNDIC
BE 0506.828.166
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IMMO DUMONT
BE 0700.261.311
La Hulpe · Eq €139k
H.D.K.
BE 0450.363.575
Heist-op-den-Berg · Eq €140k
IMMO TDF
BE 0693.743.010
Zonhoven · Eq €137k
Of 3,753 companies in sector 68321 we hold annual accounts for 1,381. 1,000 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2017
Fiscal year end31-03
Activities, NACEBEL
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.