ADRANO
ActiveSummary
ADRANO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €524,070 and a net result of €85,281. Equity is growing by ~20.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 4209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-1
Solvency94▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 4.9 against 5.23 in 2024; short-term debt: 11.4% and cash: 54.3% of total assets), and 30.8% of the assets are financed with debt.
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Signals
Six 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
69.2%
Return on assets
11.3%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
55 d early
2023
40 d early
2022
38 d early
2021
51 d early
2020
36 d early
2019
12 d late
← 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 on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 company by equity in Yvoir, Wholesale and retail trade sector#8 company by total assets in Yvoir, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€85,281▲ 4.3%
2024 · €81,785
Working capital
€336,208▲ 39.4%
2024 · €241,158
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€72,344▼ 44.5%€6,455▼ 91.1%€32,360▲ 401%€119,319▲ 269%€129,546▲ 8.6%
Net result€57,358▼ 43.8%€1,457▼ 97.5%€22,518▲ 1,445%€81,785▲ 263%€85,281▲ 4.3%
Equity€333,029▲ 20.8%€334,486▲ 0.4%€357,003▲ 6.7%€438,788▲ 22.9%€524,070▲ 19.4%
Total assets€647,815▲ 9.1%€630,225▼ 2.7%€586,119▼ 7.0%€662,377▲ 13.0%€757,448▲ 14.4%
Debt€314,786▼ 1.1%€295,739▼ 6.1%€229,116▼ 22.5%€223,588▼ 2.4%€233,379▲ 4.4%
Working capital€162,422▲ 77.7%€128,867▼ 20.7%€158,590▲ 23.1%€241,158▲ 52.1%€336,208▲ 39.4%
Staff (FTE)1.2▼ 14.3%1.2=1▼ 16.7%1.3▲ 30.0%1.2▼ 7.7%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €757,448
Fixed assets
€335,052 ▼ 8.0%
Current assets
€422,396 ▲ 41.7%
Equity and liabilities €757,448
Equity
€524,070 ▲ 19.4%
Debt
€233,379 ▲ 4.4%
Debt's share of the balance-sheet total falls from 33.8% to 30.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€161,010▲
2024 · €151,850
Cash flow
€116,745▲
2024 · €114,317
Current ratio
4.90▼
2024 · 5.23
Quick ratio
4.83▼
2024 · 5.05
Debt to equity
0.45▼
2024 · 0.51
ROE
16.3%▼
2024 · 18.6%
ROA
11.3%▼
2024 · 12.3%
Interest coverage
16.45▼
2024 · 20.60
Debt ≤ 1 year
€86,188▲
2024 · €56,953
Debt > 1 year
€147,191▼
2024 · €166,635
Income taxes
€34,681▲
2024 · €30,827
Staff costs
€69,667▲
2024 · €66,863
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 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 34,672 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 | €3,926 | €460 | - | €20,967 | €241 | ▼ 98.8% |
| Remuneration, social security and pensions62 | €33,280 | €40,124 | €39,706 | €66,863 | €69,667 | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,897 | €39,257 | €37,483 | €32,531 | €31,464 | ▼ 3.3% |
| Other operating charges640/8 | €2,045 | €2,594 | €2,830 | €2,960 | €3,019 | ▲ 2.0% |
| Non-recurring operating charges66A | €6,878 | - | - | €257 | €833 | ▲ 224% |
| Gross operating margin9900 | €154,444 | €88,430 | €112,379 | €221,930 | €234,530 | ▲ 5.7% |
| Operating profit (loss)9901 | €72,344 | €6,455 | €32,360 | €119,319 | €129,546 | ▲ 8.6% |
| Financial income75/76B | €408 | €543 | €301 | €666 | €203 | ▼ 69.5% |
| Recurring financial income75 | €408 | €543 | €301 | €666 | €203 | ▼ 69.5% |
| Financial charges65/66B | €6,383 | €5,636 | €5,043 | €7,373 | €9,788 | ▲ 32.8% |
| Recurring financial charges65 | €6,383 | €5,636 | €5,043 | €7,373 | €9,788 | ▲ 32.8% |
| Profit (loss) for the period before taxes9903 | €66,370 | €1,361 | €27,618 | €112,612 | €119,962 | ▲ 6.5% |
| Income taxes67/77 | €9,011 | -€96 | €5,100 | €30,827 | €34,681 | ▲ 12.5% |
| Profit (loss) for the period9904 | €57,358 | €1,457 | €22,518 | €81,785 | €85,281 | ▲ 4.3% |
| Profit (loss) for the period to be appropriated9905 | €57,358 | €1,457 | €22,518 | €81,785 | €85,281 | ▲ 4.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €647,815 | €630,225 | €586,119 | €662,377 | €757,448 | ▲ 14.4% |
| Fixed assets21/28 | €394,000 | €409,852 | €384,059 | €364,265 | €335,052 | ▼ 8.0% |
| Intangible fixed assets21 | €450 | - | €1,472 | €953 | €953 | = |
| Tangible fixed assets22/27 | €393,550 | €409,852 | €382,587 | €363,313 | €334,099 | ▼ 8.0% |
| Land and buildings22 | €368,469 | €384,687 | €361,117 | €348,520 | €327,047 | ▼ 6.2% |
| Plant, machinery and equipment23 | €25,081 | €25,165 | €21,469 | €14,792 | €5,653 | ▼ 61.8% |
| Furniture and vehicles24 | - | - | - | - | €1,400 | - |
| Current assets29/58 | €253,815 | €220,373 | €202,060 | €298,112 | €422,396 | ▲ 41.7% |
| Stocks and contracts in progress3 | €4,224 | €8,777 | €14,334 | €10,401 | €6,515 | ▼ 37.4% |
| Stocks30/36 | €4,224 | €8,777 | €14,334 | €10,401 | €6,515 | ▼ 37.4% |
| Amounts receivable within one year40/41 | €21,322 | €19,793 | €17,753 | €27,857 | €1,821 | ▼ 93.5% |
| Trade receivables40 | €13,822 | €4,793 | €10,353 | €6,817 | €1,821 | ▼ 73.3% |
| Other amounts receivable41 | €7,500 | €15,000 | €7,400 | €21,040 | - | - |
| Cash at bank and in hand54/58 | €227,260 | €191,803 | €168,782 | €258,857 | €410,998 | ▲ 58.8% |
| Deferred charges and accrued income490/1 | €1,008 | - | €1,191 | €997 | €3,062 | ▲ 207% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €647,815 | €630,225 | €586,119 | €662,377 | €757,448 | ▲ 14.4% |
| Equity10/15 | €333,029 | €334,486 | €357,003 | €438,788 | €524,070 | ▲ 19.4% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €322,100 | €327,100 | €347,100 | €427,100 | €512,100 | ▲ 19.9% |
| Non-distributable reserves130/1 | €2,100 | €2,100 | - | - | - | - |
| Reserves not available under the articles1311 | €2,100 | €2,100 | - | - | - | - |
| Distributable reserves133 | €320,000 | €325,000 | €347,100 | €427,100 | €512,100 | ▲ 19.9% |
| Profit (loss) carried forward14 | €3,929 | €386 | €2,903 | €4,688 | €4,970 | ▲ 6.0% |
| Amounts payable17/49 | €314,786 | €295,739 | €229,116 | €223,588 | €233,379 | ▲ 4.4% |
| Amounts payable after more than one year17 | €223,393 | €204,233 | €185,646 | €166,635 | €147,191 | ▼ 11.7% |
| Financial debts170/4 | €223,393 | €204,233 | €185,646 | €166,635 | €147,191 | ▼ 11.7% |
| Amounts payable within one year42/48 | €91,393 | €91,506 | €43,470 | €56,953 | €86,188 | ▲ 51.3% |
| Current portion of amounts payable after more than one year42 | €20,558 | €19,160 | €18,587 | €19,011 | €19,444 | ▲ 2.3% |
| Trade debts44 | €11,235 | €7,639 | €11,971 | €12,790 | €9,763 | ▼ 23.7% |
| Suppliers440/4 | €11,235 | €7,639 | €11,971 | €12,790 | €9,763 | ▼ 23.7% |
| Advances received on contracts in progress46 | - | - | - | - | €6,400 | - |
| Taxes, remuneration and social security45 | €10,450 | €8,676 | €9,853 | €21,967 | €47,095 | ▲ 114% |
| Taxes450/3 | €6,920 | €3,577 | €4,316 | €14,639 | €40,961 | ▲ 180% |
| Remuneration and social security454/9 | €3,529 | €5,099 | €5,537 | €7,328 | €6,133 | ▼ 16.3% |
| Other amounts payable47/48 | €49,151 | €56,032 | €3,059 | €3,185 | €3,486 | ▲ 9.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,358 | €1,457 | €22,518 | €81,785 | €85,281 | ▲ 4.3% |
| + Depreciation and write-downs630 | €39,897 | €39,257 | €37,483 | €32,531 | €31,464 | ▼ 3.3% |
| Operating cash flow (approximation) | €97,255 | €40,714 | €60,000 | €114,317 | €116,745 | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | -€55,109 | -€11,690 | -€12,738 | -€2,251 | ▲ 82.3% |
| Change in cash | - | -€35,458 | -€23,021 | €90,075 | €152,141 | ▲ 68.9% |
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
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €500,000Eq €524,070 ▲19.4%
8 profitable years in a row build equity to €524,070.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €1,457 ▼97.5%
Net result drops to €1,457, the lowest in the series; recovery starts the following year.
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200,000Eq €275,670 ▲58.7%
3 profitable years in a row build equity to €275,670.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 12 days late
2019
31-12
Financial
Highest result since 2018net €102,980 ▲736%
Operating result €132,337, net result €102,980, both a record.
31-12
Financial
Equity above €150,000Eq €173,669 ▲146%
2 profitable years in a row build equity to €173,669.
Show earlier events
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Yvoir · 2 establishment units since 2013
Ground area
1,152 m²
Building footprint
762 m²
Volume, LiDAR
1,053 m³
2 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
MONA LISA
since 20132.236.027.865
Epicerie fine italienne - traiteur MONA LISA
since 20202.309.692.932
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91005A0245/00E007 | Wallonia | 814 m² | 1 · 655 m² | - |
| 91141B0019/00A006 | Wallonia | 337 m² | 1 · 107 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteYvoir2.236.027.865
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MORDANS
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Of 2,474 companies in sector 47279 we hold annual accounts for 949. 509 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
Founded11-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47279Other retail sale of food
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0541348387
Also
9925:BE0541348387
Registered
20-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.