ADS 17
ActiveThe computed 12-month bankruptcy probability of ADS 17 is 1.6% (moderate). The 2025 annual accounts show equity of €89k and a net result of €1k. Its solvency ranks better than 15% of 10345 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-17
Solvency29▲+1
Growth52
Track record82
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.0 against 1.05 in 2024; short-term debt: 96.3% and cash: 63.7% of total assets), and 96.4% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
Sector 47
higher
← 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
3.6%
Return on assets
0%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
3 d late
2024
13 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▲ 1.2%
2024 · €88k
2024: €88k
2024 → 2025
Total assets
€2.48M▼ 3.2%
2024 · €2.57M
2024: €2.57M
2024 → 2025
Net result
€1k▼ 98.4%
2024 · €68k
2024: €68k
2024 → 2025
Working capital
€6k▼ 95.1%
2024 · €115k
2024: €115k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€88k-€89k▲ 1.2%
Operating result€125k-€49k▼ 60.5%
Net result€68k-€1k▼ 98.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.48M
Fixed assets
€87k▲ 1,101%
Current assets
€2.40M▼ 6.4%
Equity and liabilities €2.48M
Equity
€89k▲ 1.2%
Debt
€2.39M▼ 3.4%
The debt ratio falls from 96.6% to 96.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60k▼
2024 · €127k
Cash flow
€12k▼
2024 · €70k
Solvency
3.6%▲
2024 · 3.4%
Current ratio
1.00▼
2024 · 1.05
Quick ratio
0.75▼
2024 · 0.80
Debt / equity
26.91▼
2024 · 28.19
ROE
1.2%▼
2024 · 77.3%
ROA
0.0%▼
2024 · 2.6%
Interest coverage
0.94▼
2024 · 2.67
Debt
€2.39M▼
2024 · €2.48M
Debt ≤ 1 year
€2.39M▼
2024 · €2.44M
Income taxes
€7k▼
2024 · €25k
Staff costs
€2.10M▲
2024 · €1.94M
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€2.57M€2.48M▼
Formation expenses20€0€0=
Fixed assets21/28€7k€87k▲
Tangible fixed assets22/27€7k€87k▲
Plant, machinery and equipment23€7k€82k▲
Furniture and vehicles24-€5k
Current assets29/58€2.56M€2.40M▼
Stocks and contracts in progress3€612k€614k▲
Stocks30/36€612k€614k▲
Amounts receivable within one year40/41€45k€196k▲
Trade receivables40€5k€25k▲
Other amounts receivable41€39k€171k▲
Cash at bank and in hand54/58€1.89M€1.58M▼
Deferred charges and accrued income490/1€10k€4k▼
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.48M▼
Equity10/15€88k€89k▲
Contributions10/11€20k€20k=
Reserves13€68k€69k▲
Distributable reserves133€68k€69k▲
Amounts payable17/49€2.48M€2.39M▼
Amounts payable within one year42/48€2.44M€2.39M▼
Trade debts44€1.62M€1.90M▲
Suppliers440/4€1.62M€1.90M▲
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€631k€378k▼
Taxes450/3€44k€25k▼
Remuneration and social security454/9€586k€353k▼
Other amounts payable47/48€192k€112k▼
Accrued charges and deferred income492/3€34k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€1.94M€2.10M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€11k▲
Other operating charges640/8€1k€19k▲
Gross operating margin9900€2.07M€2.18M▲
Operating profit (loss)9901€125k€49k▼
Financial income75/76B€16k€23k▲
Recurring financial income75€16k€23k▲
Financial charges65/66B€48k€64k▲
Recurring financial charges65€48k€64k▲
Profit (loss) for the period before taxes9903€93k€8k▼
Income taxes67/77€25k€7k▼
Profit (loss) for the period9904€68k€1k▼
Profit (loss) for the period to be appropriated9905€68k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€1k▼
Transfer to equity691/2€68k€1k▼
To contributions691-€1k
To other reserves6921€68k-
Social balance
Average headcount (FTE)908747.441.8▼
The notes to these accounts (8 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
09-09
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Name change · Statutes amendment16 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Name change · Statutes amendment16 facts ▸
- General meeting, 2026-09-07
- Name change, ADS 17
- Statutes amendment
- Registered-office move, 2900 Schoten, Theofiel Van Cauwenberghslei 90
- Director resignation, KEMPHAAN INVEST (niet-statutair bestuurder)
- Director resignation, Leo Invest (niet-statutair bestuurder)
- Director discharge, KEMPHAAN INVEST
- Director discharge, Leo Invest
- Director appointment, Holding Brolet – Van Campfort 17 (niet-statutair bestuurder)
- Director appointment, HOLDING LGS (niet-statutair bestuurder)
- Permanent representative, HONTIS Geert
- Permanent representative, HERMANS Jeroen
- +4 further facts in this act
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
State Gazette actNBB filing
Directors · office · real estate
Directors
4 directors, no change since 2026
Holding Brolet - Van Campfort 17
CurrentNon-statutory director · since 07-09-2026 · Private limited company · perm. rep.: BROLET Mathieu
HOLDING LGS
CurrentNon-statutory director · since 07-09-2026 · Private limited company · perm. rep.: LEPIECE Fabien
07-09-2026
Holding Brolet - Van Campfort 17: Appointed as Non-statutory director
07-09-2026
HOLDING LGS: Appointed as Non-statutory director
07-09-2026
Kemphaan Invest: Resigned as Non-statutory director
07-09-2026
Leo Invest: Resigned as Non-statutory director
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 2024
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.
Theofiel Van Cauwenberghslei 902900 SchotenGround area
8,757 m²
Building footprint
3,081 m²
Volume, LiDAR
16,277 m³
Parcel 11442C0139/00K008, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Delhaize Schoten
since 20242.352.429.746
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0139/00K008 | Flanders | 8,757 m² | 1 · 3,081 m² | 9.1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 2,656 EUR awarded · 2,656 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 2 | 2,480 EUR | 2,480 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileySchoten2.352.429.746
Legal Entity Identifier
2549008XAS5U278INN11
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ALYB
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SAFY BUSINESS
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ELK INVEST
BE 0713.628.406
Antwerpen · Eq €89k
Blue Star
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Diepenbeek · Eq €89k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,677 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-11-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.