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A D M

Active Private limited company (pre-2019)founded 1992active for 34 yearsRue d'En Bas 10, 6591 MomigniesKBO/BCE: BE 0448.412.786 #4 oldest company in Momignies, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €170,549 (2011)
€146,440▲ 54.6%
lowest -€22,679 (2014)
€37,548▲ 589%
peak €48,929 (2010)
-€16,361▲ €37,548
€104,219▼ 19.3%
Board2 names since 2016
1 director
Documentsfilings and deeds
20-10-202681 days late
2025micro format
Turnover from €94,738 to €146,440Gross margin from €15,942 to €46,078Result from €5,449 to €37,548Equity from -€53,909 to -€16,361Debts from €129,167 to €104,219Investments €6,074

Key points

from the 2025 annual accounts

Equity

-€16,361
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

€146,440 ▲ 54.6%
€94,7002024€146,0002025

Turnover rose in 2025 from €94,738 to €146,440.

Debts

€104,219 119% of the balance sheet
Financial debts 21%Suppliers 14%Taxes and wages 1%Other 64%

Of this, €44,601 falls due within a year.

Investments

€6,074 2.2 × depreciation
2021202220242025

Green is investment, beige is depreciation. Machinery stands 314.8% higher than in 2024.

Payment terms

48 days to suppliers
Suppliers
2 to 48
Customers
19 to 48

A D M pays its suppliers 46 days later than in 2024. Customers pay 29 days later.

Filings

33 annual accounts 81 days
AprilJune31 JulyOctober200020102020

Latest accounts filed late: after the legal deadline.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,795 companies had the same profile as A D M has now. Each dot stands for 10 companies, two years later.

91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,795 companies, not a prediction for A D M. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Manager, since 21-02-2016
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448412786
New manager appointed, resigned · General meeting of 31/03/16 · Gazette deed
Incorporation published on 31-10-1992 · Gazette deed
First establishment ADM, Rue d'En Bas 10, Momignies
All 42 events

Comparable companies

same main activity, similar in size and age
Company
A D M Momignies €87,858 €46,078 -18.6% -
WIM LEENDERS Ravels €84,937 €35,359 82.1% -
PH LIQUIDE BELGIUM Aalter €73,120 €26,286 -56.3% -
Noordwestvlees Knokke-Heist €118,584 €27,678 90.4% -
RAEMDONCK - VAN HULLE Ghent €112,354 €87,864 57.1% -
Emirdag Antwerp €109,065 €36,458 41.3% -
GAVEL Ghent €58,944 €23,470 48.3% -

These companies have the same main activity as A D M: wholesale of meat and meat products, excluding game and poultry (NACE 46321). They are comparable in size and age: total assets between €58,900 and €119,000, founded between 1982 and 1997.

Official details

Source: KBO
Status
Active since 12-10-1992Normal situation
Activity
Wholesale of meat and meat products, excluding game and poultryNACE 46321and 3 others
Establishment unit
2.060.246.4456591 Momignies, since 12-01-1992
Financial year end
31 December
Peppol
Reachable since 04-01-2026
Company details

Annual accounts 2025

€87,858▲ 16.7%
Filing
Filed on 20-10-2026
Financials

Insights on A D M

Solvency rose in 2025 from -71.6% to -18.6% because of the retained profit and lower debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about A D M

What is the company number of A D M?
The company number of A D M is 0448.412.786. The VAT number is the same number with BE in front: BE 0448.412.786.
Where is A D M based?
The registered office is at Rue d'En Bas 10, 6591 Momignies.Company details
What does A D M do?
According to the KBO register, the main activity is wholesale of meat and meat products, excluding game and poultry (NACE 46321).
What is the legal form of A D M?
A D M is a private limited company (pre-2019) (BVBA).
When was A D M founded?
A D M was founded on 12-10-1992.
Is A D M still active?
Yes, A D M is an active enterprise in the KBO register.
What is the turnover of A D M?
The turnover of A D M was €146,440 in financial year 2025, according to the filed annual accounts.Financials
Is A D M profitable?
In financial year 2025, A D M made a profit of €37,548.
Where can I find the annual accounts of A D M?
A D M filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of A D M due?
A D M must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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