ADEL
ActiveThe computed 12-month bankruptcy probability of ADEL is 3.3% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €-8k. Equity is shrinking by ~28% per year across the filed fiscal years. Its solvency ranks better than 14% of 26043 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 0.98 in 2023; short-term debt: 131.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 2024Solvency, return and age of the figures
Solvency
-31.5%
Return on assets
-16.3%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-15k
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
33 d late
2022
114 d late
2021
121 d late
2020
16 d late
2019
53 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-15k▼ 108%
2023 · €-7k
2018: €27k
2019: €27k
2020: €27k
2021: €25k
2022: €13k
2023: €-7k
2018 → 2024
Total assets
€47k▲ 17.8%
2023 · €40k
2018: €30k
2019: €40k
2020: €37k
2021: €36k
2022: €34k
2023: €40k
2018 → 2024
Net result
€-8k▲ 61.7%
2023 · €-20k
2018: €5k
2019: €208
2020: €-294
2021: €-2k
2022: €-12k
2023: €-20k
2018 → 2024
Working capital
€-15k▼ 2,281%
2023 · €-625
2018: €26k
2019: €14k
2020: €17k
2021: €18k
2022: €10k
2023: €-625
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€25k▼ 7.3%€13k▼ 48.0%€-7k€-15k▼ 108%
Operating result€470-€-1k€-8k▼ 520%€-19k▼ 142%€3k
Net result€-294-€-2k▼ 556%€-12k▼ 513%€-20k▼ 68.4%€-8k▲ 61.7%
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 2024: €3k after a loss of €19k in 2023, the highest result in the available series.
Balance-sheet composition
Assets €47k
Fixed assets
€172
Current assets
€47k
Key figures and ratios
Solvency
-31.5%▼
2023 · -17.9%
Current ratio
0.76▼
2023 · 0.98
Quick ratio
0.68▲
2023 · 0.48
Debt / equity
-4.17▲
2023 · -6.60
ROA
-16.3%▲
2023 · -50.2%
Debt
€61k▲
2023 · €47k
Debt ≤ 1 year
€61k▲
2023 · €40k
Staff costs
€4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€40k€47k▲
Fixed assets21/28-€172
Financial fixed assets28-€172
Current assets29/58€40k€47k▲
Stocks and contracts in progress3€20k€5k▼
Stocks30/36€20k€5k▼
Amounts receivable within one year40/41€13k€42k▲
Trade receivables40-€27k
Other amounts receivable41€13k€14k▲
Cash at bank and in hand54/58€7k-
Deferred charges and accrued income490/1€17-
Equity and liabilities
Total equity and liabilities10/49€40k€47k▲
Equity10/15€-7k€-15k▼
Contributions10/11€6k€6k=
Outside capital11€6k-
Other1109/19€6k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-15k€-23k▼
Amounts payable17/49€47k€61k▲
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€40k€61k▲
Current portion of amounts payable after more than one year42€7k€6k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€884€6k▲
Suppliers440/4€884€6k▲
Advances received on contracts in progress46-€24k
Taxes, remuneration and social security45-€159
Remuneration and social security454/9-€159
Other amounts payable47/48€32k€23k▼
Income statement
Code20232024
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k-
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-15k€8k▲
Operating profit (loss)9901€-19k€3k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1k€11k▲
Recurring financial charges65€1k€11k▲
Profit (loss) for the period before taxes9903€-20k€-8k▲
Profit (loss) for the period9904€-20k€-8k▲
Profit (loss) for the period to be appropriated9905€-20k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-23k▼
Profit (loss) brought forward from the previous period14P€5k€-15k▼
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 114 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
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
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, Schaarbeek · 2 establishment units 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.
Schietschijfstraat 821030 SchaarbeekGround area
111 m²
Building footprint
107 m²
Volume, LiDAR
1,421 m³
2 parcels, Brussels · tallest building 18.6 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
ADEL
since 20102.186.546.284
ADEL
since 20192.307.547.747
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0067/00C005 | Brussels | 63 m² | 1 · 57 m² | 18.6 m · 6 fl. |
| 21906D0072/00M000 | Brussels | 48 m² | 1 · 50 m² | 11.2 m · 3 fl. |
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSchaarbeek2.186.546.284
Schaarbeek2.307.547.747
Similar companies · same sector, comparable size
MULTI FRUITS
BE 0650.579.196
Anderlecht · Eq €13k
DYW SERVICES
BE 1013.343.954
Koekelberg · Eq €13k
PARMEET
BE 0837.610.539
Antwerpen · Eq €13k
D.SU
BE 0840.333.566
Anderlecht · Eq €13k
ISEF
BE 0838.439.591
Schaarbeek · Eq €13k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 3,728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2010
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.