ADS-IGN
ActiveSummary
ADS-IGN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3,156) and a net result of -€15. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+36
Solvency0=
Growth37=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
18 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€3,156
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-10-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
16 d early
2023
56 d early
2022
132 d early
2021
159 d early
2020
122 d early
2019
129 d early
← 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 92 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€23,000▲ 3.6%
2019 · €22,192
EBIT margin
0.9%▼ 0.3pp
2019 · 1.3%
Net result
-€15▲ 99.6%
2024 · -€3,643
Working capital
-€3,195▼ 0.5%
2024 · -€3,179
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
Turnover
Operating result€3,964▲ 1,761%€555▼ 86.0%€384▼ 30.9%-€3,503€111
Net result€3,279▲ 5,021%€290▼ 91.1%€153▼ 47.1%-€3,643-€15▲ 99.6%
EBIT margin
Equity€6,259▲ 110%€6,550▲ 4.6%€6,703▲ 2.3%-€3,140-€3,156▼ 0.5%
Total assets€9,130▼ 15.7%€6,675▼ 26.9%€11,863▲ 77.7%€4,986▼ 58.0%€2,205▼ 55.8%
Debt€2,871▼ 63.4%€125▼ 95.6%€5,160▲ 4,014%€8,126▲ 57.5%€5,360▼ 34.0%
Working capital€6,220▲ 111%€6,511▲ 4.7%€6,664▲ 2.4%-€3,179-€3,195▼ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €111 after a loss of €3,503 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2,205
Fixed assets
€39 =
Current assets
€2,166 ▼ 56.2%
Key figures and ratios
Debt ≤ 1 year
€5,360▼
2024 · €8,126
Ratios withheld: a balance sheet total of €2,205 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a small loss
2.5%
went bankrupt
5.6%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
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 2,338 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 |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €3,964 | €555 | €384 | -€3,503 | €111 | ▲ 103% |
| Operating profit (loss)9901 | €3,964 | €555 | €384 | -€3,503 | €111 | ▲ 103% |
| Recurring financial income75 | €0 | - | - | - | - | - |
| Financial charges65/66B | - | €139 | €138 | €141 | €127 | ▼ 10.0% |
| Recurring financial charges65 | €35 | €139 | €138 | €141 | €127 | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | €3,930 | €416 | €246 | -€3,643 | -€15 | ▲ 99.6% |
| Income taxes67/77 | €651 | €125 | €92 | - | - | - |
| Profit (loss) for the period9904 | €3,279 | €290 | €153 | -€3,643 | -€15 | ▲ 99.6% |
| Profit (loss) for the period to be appropriated9905 | €3,279 | €290 | €153 | -€3,643 | -€15 | ▲ 99.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9,130 | €6,675 | €11,863 | €4,986 | €2,205 | ▼ 55.8% |
| Fixed assets21/28 | €39 | €39 | €39 | €39 | €39 | = |
| Tangible fixed assets22/27 | - | €0 | - | - | - | - |
| Financial fixed assets28 | €39 | €39 | €39 | €39 | €39 | = |
| Current assets29/58 | €9,091 | €6,636 | €11,824 | €4,947 | €2,166 | ▼ 56.2% |
| Amounts receivable within one year40/41 | €4,726 | €395 | €1,830 | €4 | €60 | ▲ 1,254% |
| Trade receivables40 | - | - | €1,830 | - | - | - |
| Other amounts receivable41 | - | €395 | - | €4 | €60 | ▲ 1,254% |
| Cash at bank and in hand54/58 | €4,365 | €6,241 | €9,994 | €4,942 | €2,106 | ▼ 57.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9,130 | €6,675 | €11,863 | €4,986 | €2,205 | ▼ 55.8% |
| Equity10/15 | €6,259 | €6,550 | €6,703 | -€3,140 | -€3,156 | ▼ 0.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | - | - | - |
| Profit (loss) carried forward14 | €59 | €350 | €503 | -€3,140 | -€3,156 | ▼ 0.5% |
| Amounts payable17/49 | €2,871 | €125 | €5,160 | €8,126 | €5,360 | ▼ 34.0% |
| Amounts payable within one year42/48 | €2,871 | €125 | €5,160 | €8,126 | €5,360 | ▼ 34.0% |
| Trade debts44 | - | - | - | - | €37 | - |
| Suppliers440/4 | - | - | - | - | €37 | - |
| Taxes, remuneration and social security45 | - | €125 | €2,142 | - | - | - |
| Taxes450/3 | - | €125 | €2,142 | - | - | - |
| Other amounts payable47/48 | - | - | €3,018 | €8,126 | €5,323 | ▼ 34.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,279 | €290 | €153 | -€3,643 | -€15 | ▲ 99.6% |
| Operating cash flow (approximation) | €3,279 | €290 | €153 | -€3,643 | -€15 | ▲ 99.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1,876 | €3,753 | -€5,052 | -€2,837 | ▲ 43.8% |
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
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€3,643
Net result drops to -€3,643, the lowest in the series; recovery starts the following year.
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity times 17current ratio 52.91
Current ratio from 3.17 to 52.91; short-term debt falls from €2,871 to €125.
2021
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Highest result since 2019net €3,279 ▲5,021%
Operating result €3,964, net result €3,279, both a record.
31-03
Financial
Liquidity doublescurrent ratio 3.17
Current ratio from 1.37 to 3.17; short-term debt falls from €7,850 to €2,871.
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
04-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 2015
Ground area
3,065 m²
Building footprint
193 m²
Volume, LiDAR
1,060 m³
Parcel 25763I0322/00A000, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
ADS-IGN sprl
since 20152.239.439.790
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763I0322/00A000 | Wallonia | 3,065 m² | 1 · 193 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Rendel
BE 0682.415.586
Wingene · Eq €6,706
BLCN DESIGN
BE 0720.937.058
Oostende · Eq €6,700
Maai Box
BE 0676.536.396
Jemeppe-sur-Sambre · Eq €6,728
STUDJO
BE 0501.737.052
Sint-Martens-Latem · Eq €6,781
B DECO
BE 0848.526.702
Sint-Gillis (bij-Brussel) · Eq €6,585
Of 3,924 companies in sector 71112 we hold annual accounts for 1,294. 666 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
Founded06-01-2015
Fiscal year end31-03
Activities, NACEBEL 2025
71112Activities of interior architects
18130Pre-press and pre-media services
31009Manufacture of furniture
74120Graphic design and visual communication
74140Other specialised design activities
Contact
E-mail
info@ads-ign.comWaterloo
E-invoicing
Reachable via Peppol
Peppol ID
0208:0507946537
Registered
23-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.