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ADVADOX

Active
Private limited companyfounded 20215 yrs activePrins Boudewijnlaan 114, 2610 Antwerpen, BelgiumKBO/BCE: BE 0761.378.140
Summary

ADVADOX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €82k and a net result of €46k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+8
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 6.98 against 2.91 in 2024; short-term debt: 13.6% and cash: 74.3% of total assets), and 13.6% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
86.4%
Return on assets
48%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
1 d early
2024
21 d early
2023
1 d early
2022
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€82k▲ 125%
2024 · €37k
2022: €34klowest in 4 years 2023: €54k▲ +60.4% vs 2022 2024: €37k▼ -31.9% vs 2023 2025: €82k▲ +125% vs 2024highest in 4 years
2022 → 2025
Total assets
€95k▲ 74.0%
2024 · €55k
2022: €48klowest in 4 years 2023: €63k▲ +29.3% vs 2022 2024: €55k▼ -12.2% vs 2023 2025: €95k▲ +74.0% vs 2024highest in 4 years
2022 → 2025
Net result
€46k▲ 57.5%
2024 · €29k
2022: €31k 2023: €20k▼ -34.8% vs 2022lowest in 4 years 2024: €29k▲ +43.5% vs 2023 2025: €46k▲ +57.5% vs 2024highest in 4 years
2022 → 2025
Working capital
€78k▲ 124%
2024 · €35k
2022: €34klowest in 4 years 2023: €52k▲ +55.6% vs 2022 2024: €35k▼ -33.6% vs 2023 2025: €78k▲ +124% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€34k-€54k▲ 60.4%€37k▼ 31.9%€82k▲ 125% 2022: €34klowest in 4 years 2023: €54k▲ +60.4% vs 2022 2024: €37k▼ -31.9% vs 2023 2025: €82k▲ +125% vs 2024highest in 4 years
Operating result€39k-€30k▼ 24.4%€39k▲ 30.4%€58k▲ 50.1% 2022: €39k 2023: €30k▼ -24.4% vs 2022lowest in 4 years 2024: €39k▲ +30.4% vs 2023 2025: €58k▲ +50.1% vs 2024highest in 4 years
Net result€31k-€20k▼ 34.8%€29k▲ 43.5%€46k▲ 57.5% 2022: €31k 2023: €20k▼ -34.8% vs 2022lowest in 4 years 2024: €29k▲ +43.5% vs 2023 2025: €46k▲ +57.5% vs 2024highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2022: €39k€39kNet result 2022: €31k€31kOperating result 2023: €30k€30kNet result 2023: €20k€20kOperating result 2024: €39k€39kNet result 2024: €29k€29kOperating result 2025: €58k€58kNet result 2025: €46k€46k2022202320242025€0€20k€40k€60kOperating result 2023: €30k€30kNet result 2023: €20k€20kOperating result 2024: €39k€39kNet result 2024: €29k€29kOperating result 2025: €58k€58kNet result 2025: €46k€46k202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets €5k ▲ 139%
Current assets €91k ▲ 71.5%
Equity and liabilities €95k
Equity €82k ▲ 125%
Debt €13k ▼ 28.6%
Debt's share of the balance-sheet total falls from 33.2% to 13.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€59k▲
2024 · €39k
Cash flow
€47k▲
2024 · €30k
Current ratio
6.98▲
2024 · 2.91
Debt to equity
0.16▼
2024 · 0.50
ROE
55.5%▼
2024 · 79.3%
ROA
48.0%▼
2024 · 53.0%
Interest coverage
56.06▲
2024 · 33.46
Debt ≤ 1 year
€13k▼
2024 · €18k
Income taxes
€11k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€55k€95k▲
Fixed assets21/28€2k€5k▲
Tangible fixed assets22/27€2k€5k▲
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€396€2k▲
Current assets29/58€53k€91k▲
Amounts receivable within one year40/41€13k€19k▲
Trade receivables40€11k€10k▼
Other amounts receivable41€2k€9k▲
Cash at bank and in hand54/58€40k€71k▲
Deferred charges and accrued income490/1€609€618▲
Equity and liabilities
Total equity and liabilities10/49€55k€95k▲
Equity10/15€37k€82k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€34k€80k▲
Amounts payable17/49€18k€13k▼
Amounts payable within one year42/48€18k€13k▼
Trade debts44€445€1k▲
Suppliers440/4€445€1k▲
Taxes, remuneration and social security45€17k€12k▼
Taxes450/3€17k€12k▼
Other amounts payable47/48€377€91▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€452€945▲
Other operating charges640/8€611€689▲
Gross operating margin9900€40k€60k▲
Operating profit (loss)9901€39k€58k▲
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€37k€57k▲
Income taxes67/77€8k€11k▲
Profit (loss) for the period9904€29k€46k▲
Profit (loss) for the period to be appropriated9905€29k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€80k€80k▼
Profit (loss) brought forward from the previous period14P€51k€34k▼
Profit to be distributed694/7€46k-
Directors or managers695€46k-

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€216€452€945▲ 109%
Other operating charges640/8€499€753€611€689▲ 12.7%
Gross operating margin9900€40k€31k€40k€60k▲ 50.2%
Operating profit (loss)9901€39k€30k€39k€58k▲ 50.1%
Financial income75/76B---€6-
Recurring financial income75---€6-
Financial charges65/66B€58€1k€1k€1k▼ 10.0%
Recurring financial charges65€58€1k€1k€1k▼ 10.0%
Profit (loss) for the period before taxes9903€39k€28k€37k€57k▲ 52.0%
Income taxes67/77€8k€8k€8k€11k▲ 32.9%
Profit (loss) for the period9904€31k€20k€29k€46k▲ 57.5%
Profit (loss) for the period to be appropriated9905€31k€20k€29k€46k▲ 57.5%
Line2022202320242025Change
Assets
Total assets20/58€48k€63k€55k€95k▲ 74.0%
Fixed assets21/28-€2k€2k€5k▲ 139%
Tangible fixed assets22/27-€2k€2k€5k▲ 139%
Plant, machinery and equipment23-€900€2k€2k▲ 45.1%
Furniture and vehicles24-€701€396€2k▲ 518%
Current assets29/58€48k€61k€53k€91k▲ 71.5%
Amounts receivable within one year40/41€14k€5k€13k€19k▲ 51.0%
Trade receivables40€10k€2k€11k€10k▼ 7.7%
Other amounts receivable41€4k€3k€2k€9k▲ 389%
Cash at bank and in hand54/58€34k€55k€40k€71k▲ 79.2%
Deferred charges and accrued income490/1-€813€609€618▲ 1.5%
Equity and liabilities
Total equity and liabilities10/49€48k€63k€55k€95k▲ 74.0%
Equity10/15€34k€54k€37k€82k▲ 125%
Contributions10/11€3k€3k€3k€3k=
Profit (loss) carried forward14€31k€51k€34k€80k▲ 134%
Amounts payable17/49€15k€9k€18k€13k▼ 28.6%
Amounts payable within one year42/48€15k€9k€18k€13k▼ 28.6%
Trade debts44€2k€424€445€1k▲ 158%
Suppliers440/4€2k€424€445€1k▲ 158%
Taxes, remuneration and social security45€12k€6k€17k€12k▼ 32.3%
Taxes450/3€12k€6k€17k€12k▼ 32.3%
Other amounts payable47/48€659€3k€377€91▼ 75.8%
Line2022202320242025Change
Profit (loss) for the period9904€31k€20k€29k€46k▲ 57.5%
+ Depreciation and write-downs630-€216€452€945▲ 109%
Operating cash flow (approximation)€31k€20k€30k€47k▲ 58.3%
Investment in fixed assets (approximation)--€-853€-4k▼ 336%
Change in cash-€21k€-16k€31k▲ 300%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2022net €46k ▲57.5%
Operating result €58k, net result €46k, both a record.
30-06
Financial Liquidity doublescurrent ratio 6.98
Current ratio from 2.91 to 6.98; short-term debt falls from €18k to €13k.
10-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Weakest financial yearnet €20k ▼34.8%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
30-06
Financial Liquidity doublescurrent ratio 7.03
Current ratio from 3.27 to 7.03; short-term debt falls from €15k to €9k.
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Antwerpen · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
345 m²
Building footprint
254 m²
Volume, LiDAR
1,844 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
ADVADOX
Groenstraat 9, 2640 MortselActivities of lawyers
since 20212.319.770.836
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11513C0192/00Z000 Flanders 183 m² 1 · 133 m² 8.5 m · 1 fl.
11051B0364/00L003 Flanders 162 m² 1 · 120 m² 12.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

2022 to 2025 · 3 entries · 365 EUR awarded · 542 EUR paid
Year Entries awardedpaid
2025 1 128 EUR128 EUR
2023 1 0 EUR315 EUR
2022 1 237 EUR99 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 365 EUR · 542 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,538 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
Founded08-01-2021
Fiscal year end30-06
Activities, NACEBEL 2025
69101Activities of lawyers

Scores and ratios are computed by Checked and are not a credit decision.