ADRIAENSENS
ActiveADRIAENSENS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €506k and a net result of €330k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 48% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency84▲+38
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 1.47 in 2024), but 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
42.4%
Return on assets
27.7%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €506k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
21 d early
2023
21 d early
2022
4 d early
2021
74 d late
2020
45 d late
2019
82 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€506k▲ 44.1%
2024 · €351k
2018: €353k
2019: €460k
2020: €460k
2021: €466k
2022: €599k
2023: €300k
2024: €351k
2018 → 2025
Total assets
€1.19M▼ 17.0%
2024 · €1.44M
2018: €1.72M
2019: €1.51M
2020: €1.46M
2021: €1.60M
2022: €2.00M
2023: €1.38M
2024: €1.44M
2018 → 2025
Net result
€330k▲ 64.1%
2024 · €201k
2018: €118k
2019: €182k
2020: €79k
2021: €38k
2022: €233k
2023: €80k
2024: €201k
2018 → 2025
Working capital
€501k▲ 21.6%
2024 · €412k
2018: €50k
2019: €163k
2020: €134k
2021: €75k
2022: €73k
2023: €214k
2024: €412k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€466k-€599k▲ 28.5%€300k▼ 49.9%€351k▲ 17.0%€506k▲ 44.1%
Operating result€38k-€326k▲ 763%€82k▼ 74.8%€224k▲ 173%€380k▲ 69.5%
Net result€38k-€233k▲ 509%€80k▼ 65.8%€201k▲ 153%€330k▲ 64.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 69% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.19M
Fixed assets
€113k▼ 20.2%
Current assets
€1.08M▼ 16.7%
Equity and liabilities €1.19M
Equity
€506k▲ 44.1%
Debt
€686k▼ 36.8%
The debt ratio falls from 75.6% to 57.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€415k▲
2024 · €271k
Cash flow
€365k▲
2024 · €248k
Solvency
42.4%▲
2024 · 24.4%
Current ratio
1.87▲
2024 · 1.47
Quick ratio
1.61▲
2024 · 1.34
Debt / equity
1.36▼
2024 · 3.09
ROE
65.2%▲
2024 · 57.3%
ROA
27.7%▲
2024 · 14.0%
Interest coverage
125.92▲
2024 · 14.00
Debt
€686k▼
2024 · €1.09M
Debt ≤ 1 year
€578k▼
2024 · €883k
Income taxes
€61k▲
2024 · €22k
Staff costs
€1.14M▲
2024 · €1.05M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.44M€1.19M▼
Fixed assets21/28€142k€113k▼
Tangible fixed assets22/27€137k€108k▼
Plant, machinery and equipment23€114k€94k▼
Furniture and vehicles24€23k€14k▼
Financial fixed assets28€5k€5k=
Current assets29/58€1.30M€1.08M▼
Stocks and contracts in progress3€110k€146k▲
Stocks30/36€110k€146k▲
Amounts receivable within one year40/41€366k€352k▼
Trade receivables40€306k€297k▼
Other amounts receivable41€59k€55k▼
Cash at bank and in hand54/58€819k€577k▼
Deferred charges and accrued income490/1€0€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.19M▼
Equity10/15€351k€506k▲
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€329k€484k▲
Amounts payable17/49€1.09M€686k▼
Amounts payable within one year42/48€883k€578k▼
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€509k€453k▼
Suppliers440/4€509k€453k▼
Taxes, remuneration and social security45€69k€33k▼
Taxes450/3€2k€5k▲
Remuneration and social security454/9€66k€27k▼
Other amounts payable47/48€298k€93k▼
Accrued charges and deferred income492/3€202k€108k▼
Income statement
Code20242025
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€1.05M€1.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€35k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€422▼
Other operating charges640/8€6k€13k▲
Non-recurring operating charges66A€4k€2k▼
Gross operating margin9900€1.35M€1.57M▲
Operating profit (loss)9901€224k€380k▲
Financial income75/76B€18k€13k▼
Recurring financial income75€18k€13k▼
Financial charges65/66B€19k€3k▼
Recurring financial charges65€19k€3k▼
Profit (loss) for the period before taxes9903€223k€390k▲
Income taxes67/77€22k€61k▲
Profit (loss) for the period9904€201k€330k▲
Profit (loss) for the period to be appropriated9905€201k€330k▲
Appropriation of the result
Profit (loss) to be appropriated9906€479k€659k▲
Profit (loss) brought forward from the previous period14P€278k€329k▲
Profit to be distributed694/7€150k€175k▲
Directors or managers695€150k€175k▲
Social balance
Average headcount (FTE)908718.719.2▲
The notes to these accounts (19 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 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
2025
31-12
Financial
Highest result since 2018net €330k ▲64.1%
Operating result €380k, net result €330k, both a record.
31-12
Financial
Equity above €500kEq €506k ▲44.1%
8 profitable years in a row build equity to €506k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500kEq €599k ▲28.5%
5 profitable years in a row build equity to €599k.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 74 days late
2021
31-12
Financial
Weakest financial yearnet €38k ▼51.4%
Net result drops to €38k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 45 days late
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 82 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Mortsel · 1 establishment unit since 2000
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.
Heirbaan 472640 MortselGround area
429 m²
Parcel 11029A0269/00E003, Flanders. Linked by address, not a title deed.
1 establishment unit
ADRIAENSENS
since 20002.099.908.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11029A0269/00E003 | Flanders | 429 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 26,057 EUR awarded · 26,012 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,507 EUR | 3,822 EUR |
| 2024 | 1 | 1,004 EUR | 644 EUR |
| 2023 | 3 | 4,481 EUR | 4,976 EUR |
| 2022 | 3 | 17,065 EUR | 16,570 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Stagebonus (stopgezet)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Recognised contractor
8 categoriesADRIAENSENS BV#10295
ADRIAENSENS BV28819
Dual-learning approval
6 live approvals · 5 endedDakwerker duaal (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Vakman installatietechnieken (vwo)
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Of 9,478 companies in sector 43222 we hold annual accounts for 5,625. 3,975 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2000
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
41001General construction of residential buildings
41003General construction of other non-residential buildings
43221Plumbing work
43240Other construction installation
43990Other specialised construction activities
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.