RENE ADAM
ActiveSummary
RENE ADAM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €18k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 4621 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+27
Solvency82▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 0.71 in 2024; short-term debt: 37.3% and cash: 12.2% of total assets), and 42.6% of the assets are financed with debt.
Credit advice 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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.4%
Return on assets
11.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
30 d late
2022
28 d late
2021
26 d late
2020
30 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€267k
EBIT margin
11.4%
Net result
€18k
2024 · €-14k
2018: €-15k
2019: €2k
2020: €24k
2021: €-14k
2022: €12k
2023: €15k
2024: €-14k
2018 → 2025
Working capital
€9k
2024 · €-23k
2018: €-19k
2019: €-32k
2020: €-7k
2021: €-29k
2022: €-30k
2023: €-16k
2024: €-23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€77k▲ 16.0%€91k▲ 18.3%€76k▼ 16.7%€92k▲ 21.6%
Operating result€-12k-€15k€20k▲ 34.7%€-15k€21k
Net result€-14k-€12k€15k▲ 29.0%€-14k€18k
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: €21k after a loss of €15k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€92k ▼ 19.6%
Current assets
€69k ▲ 21.8%
Equity and liabilities €160k
Equity
€92k ▲ 21.6%
Debt
€68k ▼ 27.9%
Debt's share of the balance-sheet total falls from 55.6% to 42.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▲
2024 · €7k
Cash flow
€40k▲
2024 · €9k
Current ratio
1.15▲
2024 · 0.71
Quick ratio
0.78▲
2024 · 0.34
Debt to equity
0.74▼
2024 · 1.25
ROE
19.3%▲
2024 · -18.2%
ROA
11.1%▲
2024 · -8.1%
Interest coverage
58.00▲
2024 · 5.72
Debt ≤ 1 year
€60k▼
2024 · €79k
Debt > 1 year
€8k▼
2024 · €15k
Income taxes
€4k▲
2024 · €328
Staff costs
€64k▲
2024 · €59k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€170k€160k▼
Fixed assets21/28€114k€92k▼
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€114k€91k▼
Land and buildings22€94k€81k▼
Furniture and vehicles24€20k€10k▼
Financial fixed assets28€100€100=
Current assets29/58€56k€69k▲
Stocks and contracts in progress3€29k€22k▼
Stocks30/36€29k€22k▼
Amounts receivable within one year40/41€3k€25k▲
Trade receivables40€3k€25k▲
Other amounts receivable41-€223
Cash at bank and in hand54/58€23k€20k▼
Deferred charges and accrued income490/1€602€2k▲
Equity and liabilities
Total equity and liabilities10/49€170k€160k▼
Equity10/15€76k€92k▲
Contributions10/11€10k€10k=
Reserves13€3k€20k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133-€18k
Profit (loss) carried forward14€56k€56k=
Investment grants15€7k€6k▼
Amounts payable17/49€95k€68k▼
Amounts payable after more than one year17€15k€8k▼
Financial debts170/4€15k€8k▼
Amounts payable within one year42/48€79k€60k▼
Current portion of amounts payable after more than one year42€14k€8k▼
Trade debts44€18k€5k▼
Suppliers440/4€18k€5k▼
Advances received on contracts in progress46€5k€2k▼
Taxes, remuneration and social security45€26k€27k▲
Taxes450/3€23k€23k▼
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€17k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€59k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€72k€112k▲
Operating profit (loss)9901€-15k€21k▲
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€1k€744▼
Recurring financial charges65€1k€744▼
Profit (loss) for the period before taxes9903€-13k€22k▲
Income taxes67/77€328€4k▲
Profit (loss) for the period9904€-14k€18k▲
Profit (loss) for the period to be appropriated9905€-14k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€74k▲
Profit (loss) brought forward from the previous period14P€70k€56k▼
Transfer to equity691/2-€18k
To other reserves6921-€18k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €24k ▲1048%
Operating result €31k, net result €24k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Durbuy · 1 establishment unit since 2007
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.
Rue des Eresses 46940 DurbuyGround area
2,795 m²
Building footprint
475 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
RENE ADAM SPRL
since 20072.161.415.564
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83004C0374/00L013 | Wallonia | 1,903 m² | 1 · 397 m² | - |
| 83004B1309/00W000 | Wallonia | 892 m² | 1 · 78 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMMOFUNE
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Of 903 companies in sector 96301 we hold annual accounts for 612. 482 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
96301Funeral services
43120Site preparation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.