Active BE 0457.944.918Private limited company (pre-2019)Open bankruptcy

A.D.C. INVESTMENTS

Atealaan(HRT) 21 ·2200 Herentals, Belgium· 30 yrs active

Sector: Activiteiten van holdings (64210)

Conclusion Checked

A bankruptcy procedure is open for A.D.C. INVESTMENTS according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €935k and a net result of €178k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€935k
Net result	€178k
Staff (FTE)	1
Active	30 yrs

Financial profile 3 of 5 axes measured · computed by Checked

54 / 100

This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.

Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 95

Solvency 67

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview10 NBB filings

Annual accounts filed on 16-10-2019 with the NBB · fiscal year 2019 · verkort

Highlight YoY changes (±10%)

Fiscal year	2019
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€178k
Cash flow	n/a
Staff costs	-
Income taxes	€6k
Dividends	-
Total assets	€1.17M
Equity	€935k
Debt	€231k
of which ≤ 1y	€96k
of which > 1y	€135k
Working capital	n/a
Employees (FTE)	1.0

Ratios (computed)

	2019
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	80.2%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	15.3%
ROE	19.1%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Balance-sheet composition 2019

Assets

Fixed assets €1.14M · 97.6% Current assets €28k · 2.4%

Equity & liabilities

Equity €935k · 80.2% Debt €231k · 19.8%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.17M
Fixed assets	21/28	€1.14M
Intangible fixed assets	21	€12k
Tangible fixed assets	22/27	€726k
Financial fixed assets	28	€400k
Current assets	29/58	€28k
Amounts receivable within one year	40/41	€5k
Cash & bank	54/58	€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.17M
Equity	10/15	€935k
Contributions / capital	10/11	€276k
Reserves	13	€55k
Accumulated profits (losses)	14	€178k
Amounts payable	17/49	€231k
Amounts payable after one year	17	€135k
Amounts payable within one year	42/48	€96k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€76k
Operating result	9901	€33k
Financial income	75	€239
Financial charges	65	€4k
Result before taxes	9903	€29k
Income taxes	67/77	€6k
Net result for the period	9904	€23k
Result to be appropriated	9905	€23k

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	NOEL DEVOS DIESTSEWEG 155, 2440 GEEL-	30-06-2020 → present	Belgian State Gazette
Curator	GEERT NAULAERTS DIESTSEWEG 155, 2440 GEEL	30-06-2020 → present	Belgian State Gazette

Legal Structure

NACE primary	Activiteiten van holdings(64210)
Legal form	Private limited company (pre-2019)(015)
Incorporation	29-04-1996
Status	Active
Postal code	2200
First insolvency signal	06-07-2020
Latest insolvency signal	06-07-2020

Establishment units 1 location

Quinten Matsijslei 34, 2018 Antwerpen

Overige financiële instellingen, n.e.g.

since 19962.077.580.048

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13027A0049/00F000	Flanders	1,353 m²	-	-
11808H1203/00B005	Flanders	1,300 m²	1 · 504 m²	33.4 m · 10 fl.

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.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2020

06-07-2020

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Turnhout · A.D.C. INVESTMENTS BVBA ATEALAAN 21 BUS 101, 2200 HERENTALS · event 30-06-2020

2019

16-10-2019