ADJECTIF
ActiveSummary
The computed 12-month bankruptcy probability of ADJECTIF is 1.7% (moderate). For ADJECTIF, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €48k and a net result of €-255. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 14641 sector peers (fiscal year 2022). The company has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals.
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
Profitability37▼-19
Solvency54=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check 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
28.9%
Return on assets
-0.2%
Age of the figures
45 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 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
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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 confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
30 d late
2020
103 d late
2019
222 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€48k▼ 0.5%
2021 · €49k
2018: €30k
2019: €38k
2020: €36k
2021: €49k
2018 → 2022
Total assets
€167k▼ 1.6%
2021 · €170k
2018: €147k
2019: €157k
2020: €153k
2021: €170k
2018 → 2022
Net result
€-255
2021 · €12k
2018: €6k
2019: €8k
2020: €-2k
2021: €12k
2018 → 2022
Working capital
€46k▼ 0.6%
2021 · €46k
2018: €28k
2019: €36k
2020: €34k
2021: €46k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€30k-€38k▲ 26.2%€36k▼ 5.1%€49k▲ 34.5%€48k▼ 0.5%
Operating result€10k-€12k▲ 29.4%€907▼ 92.7%€17k▲ 1,798%€136▼ 99.2%
Net result€6k-€8k▲ 25.5%€-2k€12k€-255
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 99% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €167k
Fixed assets
€2k =
Current assets
€165k ▼ 1.6%
Equity and liabilities €167k
Equity
€48k ▼ 0.5%
Debt
€119k ▼ 2.0%
Debt's share of the balance-sheet total falls from 71.4% to 71.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.39▲
2021 · 1.38
Debt to equity
2.46▼
2021 · 2.50
ROE
-0.5%▼
2021 · 25.7%
ROA
-0.2%▼
2021 · 7.3%
Debt ≤ 1 year
€119k▼
2021 · €121k
Income taxes
€346▼
2021 · €5k
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 · 36 lines
Balance sheet
Code20212022
Assets
Total assets20/58€170k€167k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€167k€165k▼
Amounts receivable within one year40/41€129k€134k▲
Trade receivables40€79k€79k=
Other amounts receivable41€50k€55k▲
Cash at bank and in hand54/58€27k€19k▼
Deferred charges and accrued income490/1€12k€12k=
Equity and liabilities
Total equity and liabilities10/49€170k€167k▼
Equity10/15€49k€48k▼
Contributions10/11€19k€19k=
Reserves13€345€345=
Non-distributable reserves130/1€345€345=
Reserves not available under the articles1311€345€345=
Profit (loss) carried forward14€30k€29k▼
Amounts payable17/49€121k€119k▼
Amounts payable within one year42/48€121k€119k▼
Trade debts44€3k€2k▼
Suppliers440/4€2k€1k▼
Bills of exchange payable441€999€999=
Advances received on contracts in progress46€112k€112k=
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Other amounts payable47/48€1k€1k=
Income statement
Code20212022
Other operating charges640/8€711€810▲
Gross operating margin9900€18k€946▼
Operating profit (loss)9901€17k€136▼
Financial charges65/66B€52€45▼
Recurring financial charges65€52€45▼
Profit (loss) for the period before taxes9903€17k€91▼
Income taxes67/77€5k€346▼
Profit (loss) for the period9904€12k€-255▼
Profit (loss) for the period to be appropriated9905€12k€-255▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€29k▼
Profit (loss) brought forward from the previous period14P€17k€30k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
11-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 103 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 222 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 588 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 953 days late
2020
31-12
Financial
Weakest financial yearnet €-2k ▼125%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2007
31-08
NBB filing
Annual accounts filed
fiscal year 2006 · full schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 761 days late
2004
30-11
NBB filing
Annual accounts filed
fiscal year 2002 · full schema · 488 days late
2003
21-03
NBB filing
Annual accounts filed
fiscal year 2001 · full schema · 233 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, Anderlecht · 1 establishment unit since 1981
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.
Dokter Lemoinelaan 111070 AnderlechtGround area
1,121 m²
Building footprint
404 m²
Volume, LiDAR
16,701 m³
2 parcels, Brussels · tallest building 52.2 m, ±16 floors. Linked by address, not a title deed.
1 establishment unit
Visserijstraat 178, 1180 Ukkel
since 19812.035.411.178
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0298/00G000 | Brussels | 797 m² | 1 · 333 m² | 52.2 m · 16 fl. |
| 21612D0161/00W003 | Brussels | 324 m² | 1 · 71 m² | 13.3 m · 4 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.
Similar companies · same sector, comparable size
VA CLASSICS
BE 1003.165.585
Duffel · Eq €48,392
WICA ASSOCIATES
BE 0837.049.523
Ottignies-Louvain-la-Neuve · Eq €48,441
GENCO
BE 0860.645.267
Liège · Eq €48,157
GARAGE BART HELLINGS
BE 0628.642.152
Oudsbergen · Eq €48,089
Ejnar Hansen
BE 0786.240.923
Antwerpen · Eq €48,537
Of 4,420 companies in sector 46180 we hold annual accounts for 1,886. 1,350 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
Founded29-06-1981
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.