Equity
-€15,328
Debts exceed assets in financial year 2025.
ADS
Lifetime
18 annual accounts with figures on one time axispeak €38,898 (2021)
€6,714▲ €13,640
lowest -€15,817 (2011)
-€3,448▲ €5,510
peak €13,593 (2010)
-€15,328▼ €3,448
€65,626▲ 72.6%
Board3 names since 2017
-
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from -€6,925 to €6,714Loss of €3,448Equity from -€11,880 to -€15,328Debts from €38,013 to €65,626Investments €41,562Cash from €19,379 to €3,368
Key points
from the 2025 annual accountsLosses
-€21,974 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€65,626 130% of the balance sheet
Financial debts 32%Suppliers 16%Taxes and wages 8%Other 45%
Of this, €44,913 falls due within a year.
Investments
€41,562 6.2 × depreciation
Green is investment, beige is depreciation.
Filings
18 annual accounts since 2008
Seven of the last ten came late. The 2023 accounts came latest: 43 days after the end of the period.
Position in the sector
-30.5%
Lower solvency than 91% of companies in real estate. Sector median 31.0% · 19,803 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as ADS has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,333 companies, not a prediction for ADS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardManager, until 2017
Manager, last mentioned in 2017
Manager, until 2017
- annual accounts 2017
Recent changes
Legal-form change · Resignations & appointments
General meeting of 01-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0891944001
Company renamed from AYLAN to ADS
Registered office moved from Incourt to Wavre · New registered office: rue de la Haie 53 à 1301 Wavre (Bierges) · Previous registered office: rue de longueville 2, 1315 incourt · General meeting of 26-10-2017 · Gazette deed
Company renamed from AYLAN to ADS
Registered office moved from Incourt to Wavre · New registered office: rue de la Haie 53 à 1301 Wavre (Bierges) · Previous registered office: rue de longueville 2, 1315 incourt · General meeting of 26-10-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADS Wavre | €50,298 | €6,714 | -30.5% | - |
| VESTIO Bilzen-Hoeselt | €47,076 | €5,373 | 86.2% | 0 |
| CRAFTO Ghent | €49,834 | €5,204 | 93.2% | - |
| Calaïbes Nivelles | €51,488 | €8,950 | -46.2% | - |
| IMMO ABRI Koekelberg | €55,495 | €10,051 | 100.0% | - |
| KAPLAN-GAVRIEL Brussels | €46,408 | €10,139 | 38.4% | - |
| CP INTERNATIONAL Kalmthout | €45,685 | €13,294 | -93.4% | - |
These companies have the same main activity as ADS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €45,700 and €55,500, founded between 2006 and 2012.
Official details
Source: KBO- Status
- Active since 06-09-2007Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 4 others
- Establishment unit
- 2.165.793.2341301 Wavre, since 05-10-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Insights on ADS
ADS files the micro format. That format states no turnover. The gross margin fell from €20,276 in 2008 to €6,714 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADS
- What is the company number of ADS?
- The company number of ADS is 0891.944.001. The VAT number is the same number with BE in front: BE 0891.944.001.
- Where is ADS based?
- The registered office is at Rue de la Haie 53, 1301 Wavre.Company details
- What does ADS do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of ADS?
- ADS is a private limited company (BV).
- When was ADS founded?
- ADS was founded on 06-09-2007.
- Is ADS still active?
- Yes, ADS is an active enterprise in the KBO register.
- What is the turnover of ADS?
- The turnover in financial year 2025 is ≈ €26,000. This figure is estimated from the gross margin of €6,714 and 30 comparable companies (NACE 68110). It probably lies between €14,000 and €65,000. It is a rough estimate.Financials
- Is ADS profitable?
- In financial year 2025, ADS made a loss of €3,448.
- Where can I find the annual accounts of ADS?
- ADS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADS due?
- ADS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.