A.D. PERFORMANCES
ActiveSummary
A.D. PERFORMANCES has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.55M and a net result of €-46k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▲+3
Solvency72▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.08 in 2023; short-term debt: 5.4% and cash: 0% of total assets), and 53.1% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · 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 2024Solvency, return and age of the figures
Solvency
46.9%
Return on assets
-1.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-46k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
24 d early
2021
11 d early
2020
3 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-46k▲ 38.4%
2023 · €-74k
2018: €246k
2019: €103k
2020: €191k
2021: €97k
2022: €93k
2023: €-74k
2018 → 2024
Working capital
€-163k▲ 23.7%
2023 · €-213k
2018: €-117k
2019: €320k
2020: €322k
2021: €-284k
2022: €-240k
2023: €-213k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.48M-€1.58M▲ 6.5%€1.67M▲ 5.9%€1.60M▼ 4.4%€1.55M▼ 2.8%
Operating result€305k-€127k▼ 58.4%€168k▲ 32.0%€-25k€19k
Net result€191k-€97k▼ 49.3%€93k▼ 4.1%€-74k€-46k▲ 38.4%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €19k after a loss of €25k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.31M
Fixed assets
€3.30M ▼ 3.7%
Current assets
€16k ▼ 10.7%
Equity and liabilities €3.31M
Equity
€1.55M ▼ 2.8%
Provisions
€210k ▼ 29.7%
Debt
€1.55M ▲ 0.2%
Debt's share of the balance-sheet total rises from 44.9% to 46.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€113k▲
2023 · €71k
Cash flow
€48k▲
2023 · €22k
Current ratio
0.09▲
2023 · 0.08
Debt to equity
1.00▲
2023 · 0.97
ROE
-2.9%▲
2023 · -4.6%
ROA
-1.4%▲
2023 · -2.2%
Interest coverage
1.47▲
2023 · 1.23
Debt ≤ 1 year
€179k▼
2023 · €232k
Debt > 1 year
€1.32M▲
2023 · €1.29M
Income taxes
€77k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.44M€3.31M▼
Fixed assets21/28€3.43M€3.30M▼
Tangible fixed assets22/27€1.96M€1.85M▼
Land and buildings22€1.90M€1.79M▼
Plant, machinery and equipment23€943€555▼
Furniture and vehicles24€60k€60k▲
Financial fixed assets28€1.46M€1.44M▼
Current assets29/58€18k€16k▼
Amounts receivable within one year40/41€17k€16k▼
Trade receivables40€17k€16k▼
Cash at bank and in hand54/58€1k€598▼
Equity and liabilities
Total equity and liabilities10/49€3.44M€3.31M▼
Equity10/15€1.60M€1.55M▼
Contributions10/11€320k€320k=
Capital10€320k€320k=
Issued capital100€320k€320k=
Reserves13€953k€688k▼
Non-distributable reserves130/1€32k€32k=
Legal reserve130€32k€32k=
Tax-exempt reserves132€900k€635k▼
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€327k€547k▲
Provisions and deferred taxes16€298k€210k▼
Deferred taxes168€298k€210k▼
Amounts payable17/49€1.55M€1.55M▲
Amounts payable after more than one year17€1.29M€1.32M▲
Financial debts170/4€692k€996k▲
Other amounts payable178/9€597k€327k▼
Amounts payable within one year42/48€232k€179k▼
Current portion of amounts payable after more than one year42€90k€72k▼
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€33k€17k▼
Suppliers440/4€33k€17k▼
Taxes, remuneration and social security45€109k€86k▼
Taxes450/3€109k€86k▼
Accrued charges and deferred income492/3€26k€47k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€93k▼
Other operating charges640/8€13k€16k▲
Gross operating margin9900€84k€129k▲
Operating profit (loss)9901€-25k€19k▲
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€58k€77k▲
Recurring financial charges65€58k€77k▲
Profit (loss) for the period before taxes9903€-83k€-57k▲
Transfer from deferred taxes780€9k€88k▲
Income taxes67/77-€77k
Profit (loss) for the period9904€-74k€-46k▲
Transfer from tax-exempt reserves789€26k€265k▲
Profit (loss) for the period to be appropriated9905€-48k€220k▲
Appropriation of the result
Profit (loss) to be appropriated9906€327k€547k▲
Profit (loss) brought forward from the previous period14P€375k€327k▼
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
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-74k ▼180%
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity times 6current ratio 3.02
Current ratio from 0.47 to 3.02; short-term debt falls from €220k to €159k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Pieters-Woluwe · 1 establishment unit since 1984
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.
Kerkstraat 123-1251150 Sint-Pieters-WoluweGround area
112 m²
Building footprint
113 m²
Volume, LiDAR
1,292 m³
Parcel 21683D0232/00B004, Brussels · tallest building 15.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Kerkstraat 123-125, 1150 Sint-Pieters-Woluwe
since 19842.024.531.738
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0232/00B004 | Brussels | 112 m² | 1 · 113 m² | 15.7 m · 4 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
PRE DE LA PERCHE CONSTRUCTION
BE 0449.347.253
Oudergem · Eq €1,554,260
Primmo & Co - Entreprises S.A.
BE 0446.710.932
Verviers · Eq €1,553,079
PRO - RENT
BE 0447.643.716
Gent · Eq €1,552,664
VERSTRAETEN-VASTGOED
BE 0809.314.154
Merelbeke-Melle · Eq €1,552,187
Maison Cheval-Berger et Fils
BE 0401.635.725
Gerpinnes · Eq €1,551,106
Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 3,139 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 formPublic limited company
Founded02-02-1984
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.