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ADS H24

Active
Private limited companyfounded 2010active for 16 yearsRue des Grands-Prés 234, 4032 Liège, BelgiumKBO/BCE: BE 0828.885.982
Summary

The computed 12-month bankruptcy probability of ADS H24 is 2.3% (moderate). The 2025 annual accounts show equity of €426,800 and a net result of -€197,282. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 23% of 886 sector peers (NACE 52, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
ADS H24ActiveChecked score 51/100
Risk analysis ReportCompare

Overview

Activity
Service activities incidental to land transportation
NACE 52210
9th largest company by total assets in Liège, Transport and storage sector2 sites
Size
€3.6mtotal assets 2025
Staff
13.2 FTE
Equity
€426,800
Loss
-€197,282
Financial health
51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Structure
Largest shareholder
BOOMERANG INVEST · 33.33%
  • NOVEMAXDirector · permanent representative Massimo Nucera
2025 accounts filed 7 days late1 of 10 deeds summarised
Why 51raises riskLast filed accounts filed 7 days late; 1 of the last 3 lateSector: Warehousing and support activities for transportation (NACE 52)Equity €426,800 (12.0% of total assets)Loss of €197,282 (financial year 2025)Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 24% of its sector peers (NACE 52, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 37-3
equity 12.0% of total assets
Liquidity 42-3
short-term debt 31.6% · cash 4.3%
Profitability 32-39
return on assets -5.5%
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (598 companies, NACE 52, small)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.2%▲ +0.1 percentage points vs 01-2025 03-2025: 2.1%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.2%▲ +0.1 percentage points vs 04-2025 06-2025: 2.3%▲ +0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.4 percentage points vs 06-2025 08-2025: 3.5%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 1.6%▼ -1.9 percentage points vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.5%▼ -0.1 percentage points vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025lowest value 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.7%▲ +0.2 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 2.7%▲ +0.9 percentage points vs 07-2026 09-2026: 2.3%▼ -0.4 percentage points vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.98, compared with 1.17 in 2024, below 1; short-term debt: 31.6% and cash: 4.3% of total assets), and 88% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 52, small): better than 23% on solvency, 41% on liquidity, 21% on profitability and 12% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Last filed accounts filed 7 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Equity €426,800 (12.0% of total assets)
NBB · annual accounts
raises risk · Loss of €197,282 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 886 sector peers (2025).
NBB · sector comparison
Position among 886 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 7 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
7 days late
2024
27 days late
2023
61 days late
2022
31 days late
2021
31 days late
2020
30 days late
2019
83 days 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 39 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% 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 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Emilio Agostini (director)Appointment: Novemax (director) · Permanent…
  3. Weakest financial yearnet -€197,282

Key points

  • Caution: From profit to loss in 2025after €72,753 in 2024 -€197,282 View
  • Caution: Among the weakest 5% on net resultsector median €31,991 · 883 companies -€197,282 View
  • Caution: Board changedlatest change 12-05-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2025
Total assets
€3.6m
Loss
-€197,282
Solvency
12.0%
Total assets▼ 12.9%
Net result
20182025
Go to Financials

Timeline

Events
24
Since
2011
Next accounts
by 31-07-2027
  1. 27-08-2025Annual accounts filed
  2. 30-09-2024Annual accounts filed
  3. 31-12-2023Equity above €500,000
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Service activities incidental to land transportationNACE 52210
Founded
01-09-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about ADS H24

What is the company number of ADS H24?
0828.885.982. In Belgium the VAT number is the company number with BE in front: BE 0828.885.982.
Where is ADS H24 based?
The registered office is at Rue des Grands-Prés 234, 4032 Liège.Company details
What does ADS H24 do?
According to the KBO register, the main activity is service activities incidental to land transportation (NACE 52210).
What is the legal form of ADS H24?
Private limited company (BV).
When was ADS H24 founded?
On 01-09-2010.
Is ADS H24 still active?
Yes, ADS H24 is an active enterprise in the KBO register.
How many employees does ADS H24 have?
On average 13.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ADS H24?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is ADS H24 profitable?
In financial year 2025, ADS H24 made a loss of €197,282.
Where can I find the annual accounts of ADS H24?
ADS H24 filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADS H24 due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

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