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ADV

Active Private limited company (pre-2019)founded 2015active for 10 yearsRue de Bruxelles 34-36, 1300 WavreKBO/BCE: BE 0643.977.555

Lifetime

10 annual accounts with figures on one time axis
peak €65,330 (2022)
€64,856▲ 196%
lowest -€14,252 (2018)
€28,674▲ €35,842
peak €71,688 (2025)
€71,688▲ 66.7%
€68,998▲ 70.7%
Board1 name since 2015
1 director
Documentsfilings and deeds
23-07-20268 days before the deadline
2025micro format
Gross margin from €21,943 to €64,856Back to profit: €28,674Equity from €43,013 to €71,688Debts from €40,431 to €68,998Cash from €13,964 to €56,484

Key points

from the 2025 annual accounts

Turnover

≈ €260,000 estimated

The micro format states no turnover.

Liquidity

5.96 was 0.97 in 2024

Short-term debts fell from €32,489 to €18,307.

Filings

10 annual accounts 2 late
AprilJune31 JulyOctober20202025

The 2016 accounts came latest: 4 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,721 companies had the same profile as ADV has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,721 companies, not a prediction for ADV. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager
  • founderdeed of 11-12-2015
  • founderdeed of 11-12-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0643977555
Incorporation Founders: ; · Founding capital of €18,600, 186 shares · Appointment: (manager) · published on 11-12-2015 · Gazette deed
First establishment L'ART DE VIVRE, Leuvensebaan 159, Huldenberg
All 17 events

Comparable companies

same main activity, similar in size and age
Company
ADV Wavre €140,686 €64,856 51.0% -
RG Menuiserie Seraing €138,130 €68,091 64.8% -
KDC PROJECTEN Zelzate €124,006 €74,651 -56.2% -
RAAMS Aalst €145,347 €80,088 44.7% -
KLUS SERVICE BART PEERLINGS Kinrooi €118,473 €63,714 17.3% -
LIGNUM PROJECTS Torhout €158,718 €54,865 36.0% -
BOIS CONSTRUCT Wellin €159,484 €52,845 36.0% -

These companies have the same main activity as ADV: joinery installation (NACE 43320). They are comparable in size and age: total assets between €118,000 and €159,000, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 09-12-2015Normal situation
Activity
Joinery installationNACE 43320
Establishment unit
2.249.161.8633040 Huldenberg, since 09-12-2015
Financial year end
31 December
Peppol
Reachable since 28-01-2026
Company details

Annual accounts 2025

€140,686▲ 68.6%
Filing
Filed on 23-07-2026, 8 days before the end of the filing period
Financials

Insights on ADV

ADV files the micro format. That format states no turnover. The gross margin rose from €43,955 in 2016 to €64,856 in 2025.

The balance sheet grew most in 2022 through fixed assets.

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 ADV

What is the company number of ADV?
The company number of ADV is 0643.977.555. The VAT number is the same number with BE in front: BE 0643.977.555.
Where is ADV based?
The registered office is at Rue de Bruxelles 34-36, 1300 Wavre.Company details
What does ADV do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of ADV?
ADV is a private limited company (pre-2019) (BVBA).
When was ADV founded?
ADV was founded on 09-12-2015.
Is ADV still active?
Yes, ADV is an active enterprise in the KBO register.
What is the turnover of ADV?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €64,856 and 39 comparable companies (NACE 43320). It probably lies between €190,000 and €400,000. In financial year 2024 turnover was €277,691.Financials
Is ADV profitable?
In financial year 2025, ADV made a profit of €28,674.
Where can I find the annual accounts of ADV?
ADV filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ADV due?
ADV must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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