ADEBEL
ActiveSummary
For ADEBEL, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €1.15M and a net result of €11k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 71% of 197 sector peers (fiscal year 2022). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability70▲+32
Solvency90▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
65.3%
Return on assets
0.6%
Age of the figures
51 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← 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 · Two or more financial years not filed
Since the financial year that closed on 30-06-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2023 close31-01-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2022 was due by 31-01-2023 and was filed on 17-03-2023, 45 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
45 d late
2021
17 d late
2020
8 d late
2019
308 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€1.15M▲ 1.0%
2021 · €1.14M
2019: €1.14M
2020: €1.14M
2021: €1.14M
2019 → 2022
Total assets
€1.77M▼ 3.0%
2021 · €1.82M
2019: €1.90M
2020: €1.80M
2021: €1.82M
2019 → 2022
Net result
€11k▲ 1,668%
2021 · €643
2019: €728
2020: €5k
2021: €643
2019 → 2022
Working capital
€-222k▲ 12.3%
2021 · €-253k
2019: €-284k
2020: €-251k
2021: €-253k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€1.14M-€1.14M▲ 0.4%€1.14M▲ 0.1%€1.15M▲ 1.0%
Operating result€2k-€5k▲ 158%€4k▼ 16.6%€15k▲ 240%
Net result€728-€5k▲ 545%€643▼ 86.3%€11k▲ 1,668%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 240% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.68M ▼ 1.2%
Current assets
€92k ▼ 27.1%
Equity and liabilities €1.77M
Equity
€1.15M ▲ 1.0%
Debt
€614k ▼ 9.6%
Debt's share of the balance-sheet total falls from 37.3% to 34.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▲
2021 · €24k
Cash flow
€31k▲
2021 · €20k
Current ratio
0.29▼
2021 · 0.33
Quick ratio
0.15▼
2021 · 0.21
Debt to equity
0.53▲
2021 · 0.26
ROE
1.0%▲
2021 · 0.1%
ROA
0.6%▲
2021 · 0.0%
Interest coverage
60.82
Debt ≤ 1 year
€314k▼
2021 · €380k
Debt > 1 year
€300k=
2021 · €300k
Income taxes
€3k▲
2021 · €663
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 · 2022 against 2021 · 46 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.82M€1.77M▼
Fixed assets21/28€1.70M€1.68M▼
Tangible fixed assets22/27€98k€78k▼
Land and buildings22-€78k
Financial fixed assets28€1.60M€1.60M=
Current assets29/58€126k€92k▼
Stocks and contracts in progress3€45k€45k=
Stocks30/36-€45k
Amounts receivable within one year40/41€81k€45k▼
Trade receivables40-€45k
Cash at bank and in hand54/58€4-
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€1.82M€1.77M▼
Equity10/15€1.14M€1.15M▲
Contributions10/11€285k€285k=
Capital10-€285k
Issued capital100-€285k
Reserves13€864k€864k=
Non-distributable reserves130/1-€29k
Legal reserve130-€29k
Distributable reserves133-€835k
Profit (loss) carried forward14€-6k€6k▲
Amounts payable17/49€680k€614k▼
Amounts payable after more than one year17€300k€300k=
Other amounts payable178/9-€300k
Amounts payable within one year42/48€380k€314k▼
Trade debts44€7k€731▼
Suppliers440/4-€731
Taxes, remuneration and social security45-€65k
Taxes450/3-€3k
Remuneration and social security454/9-€62k
Other amounts payable47/48-€249k
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k=
Other operating charges640/8-€4k
Gross operating margin9900€32k€38k▲
Operating profit (loss)9901€4k€15k▲
Financial income75/76B-€85
Recurring financial income75-€85
Financial charges65/66B-€568
Recurring financial charges65€3k€568▼
Profit (loss) for the period before taxes9903€1k€14k▲
Income taxes67/77€663€3k▲
Profit (loss) for the period9904€643€11k▲
Profit (loss) for the period to be appropriated9905€643€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6k
Profit (loss) brought forward from the previous period14P-€-6k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 45 days late
2022
30-06
Financial
Highest result since 2019net €11k ▲1668%
Operating result €15k, net result €11k, both a record.
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
30-06
Financial
Weakest financial yearnet €643 ▼86.3%
Net result drops to €643, the lowest in the series; recovery starts the following year.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 8 days late
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 308 days late
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-02
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 days late
2015
27-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2013
24-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Putte · 1 establishment unit since 2008
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.
Klein Boom 112580 PutteGround area
6,278 m²
Building footprint
2,229 m²
Volume, LiDAR
11,032 m³
Parcel 12029A0598/00F000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ADEBEL
since 20082.178.068.385
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029A0598/00F000 | Flanders | 6,278 m² | 1 · 2,229 m² | 6.8 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
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IMPRIMERIE HORICX
BE 0432.287.032
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VLUX
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Of 371 companies in sector 22210 we hold annual accounts for 293. 204 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
Founded17-07-2008
Fiscal year end30-06
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.