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Adpo Forwarding & Cleaning

Active
Public limited companyfounded 1991active for 35 yearsSteenlandlaan(KAL) 3, 9130 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 0443.185.377

From the official registers: KBO 34 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Adpo Forwarding & Cleaning has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €1.5m. Equity has been growing by about 9.5% per year since 2018. Its solvency ranks better than 86% of 1,081 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
Adpo Forwarding & CleaningActiveChecked score 98/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 13-02-1991 Normal situation
Legal form
Public limited company
Registered office
Steenlandlaan(KAL) 3, 9130 Beveren-Kruibeke-Zwijndrecht
Activity
Freight transport by road NACE 49410and 1 other
Establishment unit
2.052.100.425 9130 Beveren-Kruibeke-Zwijndrecht, since 07-10-1999
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Board and ownership

Board
  • DAUM INVESTDirector · since 02-06-2023 · permanent representative DE DECKER Didier
  • FUGGER INVESTDirector · since 02-06-2023 · permanent representative DE KERF Danny
  • MOBIMANDirector · since 02-06-2023 · permanent representative DE DECKER Christophe
Auditor
HLB DODEMONT - VAN IMPE & Co
Shareholders
Board & ownership

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€17.9m
▲ 3.2%
Profit
€1.5m
▼ 25.5%
Equity
€6.8m
▲ 15.3%
Total assets
€8.8m
▲ 18.0%
Staff
52.5 FTE
▲ 6.1%
2025 accounts filed 38 days before the deadline
Filed on 23-06-2026at the National Bank
Financials
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)lowers riskFounded in 1991Profit of €1.5m (financial year 2025)Size: turnover €17.9m, 52.5 FTE, total assets €8.8mShow the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of medium-sized companies in land transport (NACE 49)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 100=
equity 77.7% of total assets
Liquidity 57-1
short-term debt 22.3% · cash 11.5%
Profitability 89-11
return on assets 17.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (273 companies, NACE 49, medium-sized)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €650,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.28 (3.02 in 2024), above the usual 1.5. Short-term debt is 22.3% and cash 11.5% of total assets. 22.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, medium-sized). It does better than 97% of them on solvency, 87% on liquidity, 96% on profitability and 62% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Profit of €1.5m (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €17.9m, 52.5 FTE, total assets €8.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
38 days early
2024
55 days early
2023
49 days early
2022
48 days early
2021
47 days early
2020
2 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in land transportsector median €48,737 · 1,079 companies €1.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.5m 8 years View
  • Caution: Result fell in 2025from €2.0m to €1.5m ▼ 25.5% View

Documents

Annual accounts at the NBB

All 34 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Adpo Forwarding & Cleaning

What is the company number of Adpo Forwarding & Cleaning?
The company number of Adpo Forwarding & Cleaning is 0443.185.377. The VAT number is the same number with BE in front: BE 0443.185.377.
Where is Adpo Forwarding & Cleaning based?
The registered office is at Steenlandlaan(KAL) 3, 9130 Beveren-Kruibeke-Zwijndrecht.Company details
What does Adpo Forwarding & Cleaning do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of Adpo Forwarding & Cleaning?
The legal form of Adpo Forwarding & Cleaning is Public limited company (NV).
When was Adpo Forwarding & Cleaning founded?
Adpo Forwarding & Cleaning was founded on 13-02-1991.
Is Adpo Forwarding & Cleaning still active?
Yes, Adpo Forwarding & Cleaning is an active enterprise in the KBO register.
How many employees does Adpo Forwarding & Cleaning have?
Adpo Forwarding & Cleaning had an average of 52.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Adpo Forwarding & Cleaning?
The turnover of Adpo Forwarding & Cleaning was €17.9m in financial year 2025, according to the filed annual accounts.
Is Adpo Forwarding & Cleaning profitable?
In financial year 2025, Adpo Forwarding & Cleaning made a profit of €1.5m.
Where can I find the annual accounts of Adpo Forwarding & Cleaning?
Adpo Forwarding & Cleaning filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Adpo Forwarding & Cleaning due?
Adpo Forwarding & Cleaning must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Companies linked to Adpo Forwarding & Cleaning

Comparable companies

These companies have the same main activity as Adpo Forwarding & Cleaning: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €7.9m and €10m, founded between 1988 and 1999.

CompanyTotal assetsTurnover
Adpo Forwarding & Cleaning Beveren-Kruibeke-Zwijndrecht€8.8m€17.9m
SOCIETE TOURNAISIENNE DE TRANSPORT La Louvière€10.2m€18.9m
SigTraCo Zemst€7.9m€14.5m
MATTHEEUWS ERIC TRANSPORT Veurne€8.3m€20.0m
STEENBERGEN Wommelgem€8.0m€13.4m
TRANS WINATON Wortegem-Petegem€7.9m€12.7m
YVAGA Hamme (Vl.)€9.0m€10.9m
Full comparison

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