A'del Groep
ActiveA'del Groep has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.49M and a net result of €61k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 9114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+11
Solvency83▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 3.54 against 2.17 in 2024; short-term debt: 4.7% and cash: 16.1% of total assets), and 42.5% 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○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 · 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
57.5%
Return on assets
2.4%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
5 d early
2023
on the day
2022
2 d early
2021
1 d early
2020
8 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.49M▲ 4.3%
2024 · €1.43M
2018: €532k
2019: €582k
2020: €609k
2021: €587k
2022: €1.39M
2023: €1.41M
2024: €1.43M
2018 → 2025
Total assets
€2.59M▼ 3.1%
2024 · €2.67M
2018: €2.39M
2019: €2.31M
2020: €2.21M
2021: €2.11M
2022: €2.78M
2023: €2.71M
2024: €2.67M
2018 → 2025
Net result
€61k▲ 183%
2024 · €22k
2018: €51k
2019: €50k
2020: €27k
2021: €-21k
2022: €59k
2023: €15k
2024: €22k
2018 → 2025
Working capital
€308k▲ 52.1%
2024 · €202k
2018: €-144k
2019: €-7k
2020: €47k
2021: €20k
2022: €127k
2023: €169k
2024: €202k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€587k-€1.39M▲ 137%€1.41M▲ 1.1%€1.43M▲ 1.5%€1.49M▲ 4.3%
Operating result€22k-€99k▲ 346%€66k▼ 33.7%€76k▲ 15.3%€109k▲ 44.3%
Net result€-21k-€59k€15k▼ 74.4%€22k▲ 43.3%€61k▲ 183%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.59M
Fixed assets
€2.16M▼ 5.9%
Current assets
€429k▲ 14.1%
Equity and liabilities €2.59M
Equity
€1.49M▲ 4.3%
Debt
€1.10M▼ 11.6%
The debt ratio falls from 46.5% to 42.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€252k▲
2024 · €221k
Cash flow
€203k▲
2024 · €167k
Solvency
57.5%▲
2024 · 53.5%
Current ratio
3.54▲
2024 · 2.17
Quick ratio
3.54▲
2024 · 2.17
Debt / equity
0.74▼
2024 · 0.87
ROE
4.1%▲
2024 · 1.5%
ROA
2.4%▲
2024 · 0.8%
Interest coverage
5.23▲
2024 · 4.08
Debt
€1.10M▼
2024 · €1.24M
Debt ≤ 1 year
€121k▼
2024 · €173k
Debt > 1 year
€912k▼
2024 · €998k
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€2.67M€2.59M▼
Fixed assets21/28€2.30M€2.16M▼
Tangible fixed assets22/27€2.30M€2.16M▼
Land and buildings22€2.24M€2.11M▼
Plant, machinery and equipment23€54k€49k▼
Furniture and vehicles24-€3k
Current assets29/58€376k€429k▲
Amounts receivable within one year40/41€27k€10k▼
Trade receivables40€2k€3k▲
Other amounts receivable41€25k€8k▼
Cash at bank and in hand54/58€348k€417k▲
Deferred charges and accrued income490/1€835€1k▲
Equity and liabilities
Total equity and liabilities10/49€2.67M€2.59M▼
Equity10/15€1.43M€1.49M▲
Contributions10/11€1.51M€1.51M=
Capital10€1.51M€1.51M=
Issued capital100€1.51M€1.51M=
Profit (loss) carried forward14€-78k€-17k▲
Amounts payable17/49€1.24M€1.10M▼
Amounts payable after more than one year17€998k€912k▼
Financial debts170/4€998k€912k▼
Amounts payable within one year42/48€173k€121k▼
Current portion of amounts payable after more than one year42€87k€87k=
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€71k€31k▼
Accrued charges and deferred income492/3€73k€68k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145k€142k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€24k€25k▲
Gross operating margin9900€245k€276k▲
Operating profit (loss)9901€76k€109k▲
Financial charges65/66B€54k€48k▼
Recurring financial charges65€54k€48k▼
Profit (loss) for the period before taxes9903€22k€61k▲
Profit (loss) for the period9904€22k€61k▲
Profit (loss) for the period to be appropriated9905€22k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-78k€-17k▲
Profit (loss) brought forward from the previous period14P€-100k€-78k▲
The notes to these accounts (15 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €61k ▲183%
Operating result €109k, net result €61k, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
30-09
Financial
Equity above €1MEq €1.39M ▲137%
Equity rises from €587k to €1.39M.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-21k ▼180%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gent · 1 establishment unit since 2010
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.
De Pintelaan 3679000 GentGround area
1,079 m²
Building footprint
91 m²
Volume, LiDAR
550 m³
Parcel 44808H0669/00G005, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A'del Groep
since 20102.193.500.392
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0669/00G005 | Flanders | 1,079 m² | 1 · 91 m² | 7.3 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.
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Samet Infra
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Esplanada
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Genk · Eq €1.49M
Of 9,133 companies in sector 68201 we hold annual accounts for 6,762. 4,567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-10-2010
Fiscal year end30-09
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.