GADV
ActiveGADV has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317k and a net result of €-58k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▲+22
Solvency68▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.26 in 2024; short-term debt: 57.4% and cash: 0.3% of total assets), and 57.4% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-58k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-05-2026, 22 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
22 d late
2024
6 d late
2023
1 d early
2022
3 d early
2021
40 d early
2020
38 d early
2019
14 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
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€317k▼ 15.5%
2024 · €376k
2018: €621k
2019: €693k
2020: €652k
2021: €601k
2022: €531k
2023: €478k
2024: €376k
2018 → 2025
Total assets
€746k▼ 9.6%
2024 · €825k
2018: €1.18M
2019: €1.18M
2020: €1.08M
2021: €1.04M
2022: €1.04M
2023: €955k
2024: €825k
2018 → 2025
Net result
€-58k▲ 43.4%
2024 · €-103k
2018: €220k
2019: €72k
2020: €-41k
2021: €-51k
2022: €-70k
2023: €-53k
2024: €-103k
2018 → 2025
Working capital
€-331k▲ 0.1%
2024 · €-331k
2018: €362k
2019: €57k
2020: €-178k
2021: €-196k
2022: €-220k
2023: €-335k
2024: €-331k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€601k-€531k▼ 11.7%€478k▼ 9.9%€376k▼ 21.5%€317k▼ 15.5%
Operating result€-46k-€-53k▼ 15.7%€-48k▲ 8.3%€-47k▲ 2.7%€-56k▼ 19.7%
Net result€-51k-€-70k▼ 39.3%€-53k▲ 25.3%€-103k▼ 95.4%€-58k▲ 43.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €56k in 2025 against €47k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €746k
Fixed assets
€648k▼ 8.3%
Current assets
€98k▼ 17.4%
Equity and liabilities €746k
Equity
€317k▼ 15.5%
Debt
€429k▼ 4.6%
The debt ratio rises from 54.5% to 57.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €13k
Cash flow
€2k▲
2024 · €-43k
Solvency
42.6%▼
2024 · 45.5%
Current ratio
0.23▼
2024 · 0.26
Quick ratio
0.23▼
2024 · 0.26
Debt / equity
1.35▲
2024 · 1.20
ROE
-18.3%▲
2024 · -27.4%
ROA
-7.8%▲
2024 · -12.5%
Interest coverage
2.12▲
2024 · 0.26
Debt
€429k▼
2024 · €449k
Debt ≤ 1 year
€429k▼
2024 · €449k
Income taxes
€215▼
2024 · €7k
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€825k€746k▼
Fixed assets21/28€707k€648k▼
Tangible fixed assets22/27€701k€642k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€19k€10k▼
Other tangible fixed assets26€679k€629k▼
Financial fixed assets28€6k€6k=
Current assets29/58€118k€98k▼
Amounts receivable within one year40/41€108k€89k▼
Trade receivables40€15k€8k▼
Other amounts receivable41€93k€81k▼
Cash at bank and in hand54/58€4k€2k▼
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€825k€746k▼
Equity10/15€376k€317k▼
Contributions10/11€12k€12k=
Reserves13€407k€407k=
Tax-exempt reserves132€0-
Distributable reserves133€407k€407k=
Profit (loss) carried forward14€-44k€-102k▼
Amounts payable17/49€449k€429k▼
Amounts payable within one year42/48€449k€429k▼
Current portion of amounts payable after more than one year42€0€5k▲
Financial debts43€906€3k▲
Credit institutions430/8€906€3k▲
Trade debts44€14k€19k▲
Suppliers440/4€14k€19k▲
Taxes, remuneration and social security45€1k€737▼
Taxes450/3€1k€737▼
Other amounts payable47/48€433k€401k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€9k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€60k€60k▼
Other operating charges640/8€7k€7k▼
Gross operating margin9900€20k€10k▼
Operating profit (loss)9901€-47k€-56k▼
Financial income75/76B€1€2▲
Recurring financial income75€1€2▲
Financial charges65/66B€49k€2k▼
Recurring financial charges65€49k€2k▼
Profit (loss) for the period before taxes9903€-96k€-58k▲
Income taxes67/77€7k€215▼
Profit (loss) for the period9904€-103k€-58k▲
Profit (loss) for the period to be appropriated9905€-103k€-58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-44k€-102k▼
Profit (loss) brought forward from the previous period14P€59k€-44k▼
The notes to these accounts (12 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-09
Financial
Weakest financial yearnet €-103k
Net result drops to €-103k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
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, Brussel · 1 establishment unit since 2016
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.
Hoedenmakersstraat 181000 BrusselGround area
118 m²
Building footprint
71 m²
Volume, LiDAR
760 m³
Parcel 21004A1191/00B000, Brussels · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GADV
since 20162.254.137.963
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1191/00B000 | Brussels | 118 m² | 1 · 71 m² | 15.0 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 37,792 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2014
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.