DAVE ADAMS

Active

Private limited companyfounded 20224 yrs activeKruisweg 9, 2990 Wuustwezel, BelgiumKBO/BCE: BE 0781.566.612

The computed 12-month bankruptcy probability of DAVE ADAMS is 2.2% (moderate). The 2025 annual accounts show equity of €28k and a net result of €64k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 27451 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

60 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency38▼-42

Growth78=

Track record94

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity tight (current ratio 1.01 against 2.44 in 2024; short-term debt: 81.1% and cash: 36.3% of total assets), and 87.3% of the assets are financed with debt.

How do we compute the score and the probability?

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

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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

12.7%

Return on assets

28.5%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27451 sector peers (2025).

NBB · sector comparison

Position among 27451 sector peers

Solvency

better than 16%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-04-2026, 92 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

92 d early

2024

28 d early

2023

35 d early

2022

17 d early

← before the deadline after the deadline →

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 months

Position in the running window

17-09-2026 today31-12-2026 close31-07-2027 deadline

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

€28k▼ 68.9%

2024 · €91k

2022: €9k 2023: €28k 2024: €91k

2022 → 2025

Total assets

€224k▲ 34.7%

2024 · €167k

2022: €40k 2023: €79k 2024: €167k

2022 → 2025

Net result

€64k▲ 1.5%

2024 · €63k

2022: €9k 2023: €21k 2024: €63k

2022 → 2025

Working capital

€2k▼ 96.9%

2024 · €78k

2022: €-3k 2023: €17k 2024: €78k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€9k-€28k▲ 219%€91k▲ 221%€28k▼ 68.9%

Operating result€12k-€29k▲ 151%€79k▲ 169%€82k▲ 3.9%

Net result€9k-€21k▲ 149%€63k▲ 197%€64k▲ 1.5%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €224k

17.9%

82.1%

Fixed assets €40k▲ 16.8%

Current assets €184k▲ 39.3%

Equity and liabilities €224k

12.7%

87.3%

Equity €28k▼ 68.9%

Debt €196k▲ 160%

The debt ratio rises from 45.1% to 87.3%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€94k▲

2024 · €84k

Cash flow

€76k▲

2024 · €68k

Solvency

12.7%▼

2024 · 54.9%

Current ratio

1.01▼

2024 · 2.44

Quick ratio

0.87▼

2024 · 2.26

Debt / equity

6.88▲

2024 · 0.82

ROE

224.4%▲

2024 · 68.9%

ROA

28.5%▼

2024 · 37.8%

Interest coverage

82.88▼

2024 · 307.87

Debt

€196k▲

2024 · €75k

Debt ≤ 1 year

€182k▲

2024 · €54k

Debt > 1 year

€14k▼

2024 · €21k

Income taxes

€17k▲

2024 · €16k

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€167k€224k▲

Fixed assets21/28€34k€40k▲

Tangible fixed assets22/27€34k€40k▲

Land and buildings22-€11k

Plant, machinery and equipment23€1k€2k▲

Furniture and vehicles24€33k€27k▼

Current assets29/58€132k€184k▲

Stocks and contracts in progress3€10k€26k▲

Stocks30/36€10k€26k▲

Amounts receivable within one year40/41€96k€73k▼

Trade receivables40€84k€73k▼

Other amounts receivable41€11k€103▼

Cash at bank and in hand54/58€27k€81k▲

Deferred charges and accrued income490/1-€4k

Equity and liabilities

Total equity and liabilities10/49€167k€224k▲

Equity10/15€91k€28k▼

Contributions10/11€2k€2k=

Reserves13€89k€26k▼

Distributable reserves133€89k€26k▼

Profit (loss) carried forward14-€0

Amounts payable17/49€75k€196k▲

Amounts payable after more than one year17€21k€14k▼

Financial debts170/4€21k€14k▼

Amounts payable within one year42/48€54k€182k▲

Current portion of amounts payable after more than one year42€7k€7k▲

Trade debts44€15k€28k▲

Suppliers440/4€15k€28k▲

Taxes, remuneration and social security45€11k€10k▼

Taxes450/3€11k€8k▼

Remuneration and social security454/9-€2k

Other amounts payable47/48€22k€138k▲

Income statement Code20242025

Non-recurring operating income76A-€98

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€12k▲

Other operating charges640/8€276€907▲

Gross operating margin9900€84k€95k▲

Operating profit (loss)9901€79k€82k▲

Financial income75/76B€342€0▼

Recurring financial income75€342€0▼

Financial charges65/66B€272€1k▲

Recurring financial charges65€272€1k▲

Profit (loss) for the period before taxes9903€79k€81k▲

Income taxes67/77€16k€17k▲

Profit (loss) for the period9904€63k€64k▲

Profit (loss) for the period to be appropriated9905€63k€64k▲

Appropriation of the result

Profit (loss) to be appropriated9906€63k€64k▲

Transfer from equity791/2-€63k

Transfer to equity691/2€63k€0▼

To other reserves6921€63k€0▼

Profit to be distributed694/7-€127k

Return on contributions (dividend)694-€127k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2022net €64k ▲1.5%

Operating result €82k, net result €64k, both a record.

03-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

26-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

14-07

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.

Directors · office · real estate

Directors

1 act for this company is 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, Wuustwezel · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Kruisweg 92990 Wuustwezel

Ground area

3,435 m²

Building footprint

248 m²

Volume, LiDAR

1,205 m³

Parcel 11053E0417/00D000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

DAVE ADAMS

Kruisweg 9, 2990 WuustwezelConstruction of roads and motorways

since 20222.327.320.010

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11053E0417/00D000	Flanders	3,435 m²	1 · 248 m²	7.6 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.

Similar companies · same sector, comparable size

Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 7,892 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-02-2022

Fiscal year end31-12

Activities, NACEBEL

43211General electrical installation work

42110Construction of roads and motorways

43221Plumbing work

43222Installation of electric heating, air conditioning, cooling and ventilation

43230Insulation installation

43291Specialised construction activities

43410Roofing work

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.