Financials
- Financial year
- 2025
- Turnover
- €154,208
- Profit
- €23,355
- Solvency
- 93.0%
Adluga
ActiveSummary
Adluga has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €23,355. Its solvency ranks better than 89% of 5,778 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
10th largest company by equity in Maldegem, Real estate sector1 site
Size
€154,208turnover 2025
- Equity
- €2.5m
- Profit
- €23,355
Structure
- Parent
- PUNCHCO · 100%
- HuvacoManaging director · permanent representative Huys Wim
- Rent & InvestDirector · permanent representative HUYS,Benedict Joseph André Thérèse
2025 accounts 32 days early
Why 97raises riskFounded in 2025lowers riskSector: Real estate activities (NACE 68)Size: turnover €154,208, total assets €2.7mFigures for financial year 2025 (filed 29-06-2026)Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 87% of its sector peers (NACE 68, small)
Financial strength
Strong
Solvency
100
equity 93.0% of total assets
Liquidity
54
short-term debt 6.9% · cash 3.4%
Profitability
80
return on assets 0.9%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2026: 0.7%
09-2026: 0.7%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.6 percentage points vs 09-2026lowest value
Credit of up to €15,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity insufficient (current ratio 0.5, below 1; short-term debt: 6.9% and cash: 3.4% of total assets), and 7% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 92% on solvency, 78% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
32 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · full…
- RestructuringAppointment: HUVACO (managing director) ·…
- RestructuringPermanent representatives: Wim Huys and…
Key points
By topic
Board & ownership
- Board
- 2 members
- Parent
- PUNCHCO · 100%
- HuvacoManaging director
- Rent & InvestDirector
Network & group
- Connected companies
- 10
- Mergers and asset contributions
- 1
Timeline
- Events
- 4
- Since
- 2025
- 25-07-2025Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 16-07-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Who signs
- Two directors jointly, or a managing director alone
- Annual meeting
- Third Friday of June at 13:00
Key facts about Adluga
- What is the company number of Adluga?
- 1025.592.381. In Belgium the VAT number is the company number with BE in front: BE 1025.592.381.
- Where is Adluga based?
- The registered office is at Oude Weg 39, 9991 Maldegem.Company details
- What does Adluga do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Adluga?
- Private limited company (BV).
- When was Adluga founded?
- On 16-07-2025.
- Is Adluga still active?
- Yes, Adluga is an active enterprise in the KBO register.
- What is the turnover of Adluga?
- €154,208 in financial year 2025, according to the filed annual accounts.Financials
- Is Adluga profitable?
- In financial year 2025, Adluga made a profit of €23,355.
- Where can I find the annual accounts of Adluga?
- Adluga filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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