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A&D TECH

Open bankruptcy
Private limited companyfounded 2021KBO/BCE: BE 0770.298.477

A bankruptcy procedure is open for A&D TECH according to publications in the Belgian State Gazette; curator: PATRICIA VANDENBERGE.

Summary

The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €7,769 and a net result of -€3,745.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
5 November 2024
Supervising judge
Henk Vanthuyne
Official Gazette
12-11-2024 (pdf) ↗search the document for 2024/143276

Curator

  • Patricia VandenbergeBurgemeester Edmond Ronsestraat 4, 9820 05 Melsenpatricia.vandenberge@lexero.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-03-2023 was due by 31-10-2023 and was filed on 22-11-2023, 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 · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
22 d late
2022
67 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

A&D TECH was incorporated on 24 June 2021 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2023.2 On 5 November 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 12-11-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, micro schema

Equity
€7,769▼ 32.5%
2022 · €11,514
Total assets
€59,097▲ 94.2%
2022 · €30,434
Net result
-€3,745
2022 · €6,514
Working capital
€7,028▼ 39.0%
2022 · €11,514
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023
Operating result€8,317--€3,378
Net result€6,514--€3,745
Equity€11,514-€7,769▼ 32.5%
Total assets€30,434-€59,097▲ 94.2%
Debt€18,920-€51,327▲ 171%
Working capital€11,514-€7,028▼ 39.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2022: €8,317€8,317Net result 2022: €6,514€6,514Operating result 2023: -€3,378-€3,378Net result 2023: -€3,745-€3,74520222023-€5,000€0€5,000€10,000Operating result 2022: €8,317€8,320Net result 2022: €6,514€6,510Operating result 2023: -€3,378-€3,380Net result 2023: -€3,745-€3,74020222023
The operating result turns negative in 2023: a loss of €3,378 after €8,317 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €59,097
Fixed assets €742
Current assets €58,355
Equity and liabilities €59,097
Equity €7,769 ▼ 32.5%
Debt €51,327 ▲ 171%
Debt's share of the balance-sheet total rises from 62.2% to 86.9%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€3,353
Cash flow
-€3,719
Current ratio
1.14▼
2022 · 1.61
Quick ratio
0.83▲
2022 · 0.82
Debt to equity
6.61▲
2022 · 1.64
ROE
-48.2%▼
2022 · 56.6%
ROA
-6.3%▼
2022 · 21.4%
Interest coverage
-8.27
Debt ≤ 1 year
€51,327▲
2022 · €18,920
Staff costs
€12,820
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 44 lines
Balance sheet Code20222023
Assets
Total assets20/58€30,434€59,097▲
Fixed assets21/28-€742
Tangible fixed assets22/27-€742
Plant, machinery and equipment23-€742
Current assets29/58€30,434€58,355▲
Stocks and contracts in progress3€15,000€16,000▲
Stocks30/36€15,000€16,000▲
Amounts receivable within one year40/41€9,454€31,224▲
Trade receivables40€9,454€9,665▲
Other amounts receivable41-€21,558
Cash at bank and in hand54/58€5,980€11,105▲
Deferred charges and accrued income490/1-€27
Equity and liabilities
Total equity and liabilities10/49€30,434€59,097▲
Equity10/15€11,514€7,769▼
Contributions10/11€5,000€5,000=
Capital10€5,000€5,000=
Issued capital100€5,000€5,000=
Reserves13€6,514€6,514=
Distributable reserves133€6,514€6,514=
Profit (loss) carried forward14--€3,745
Amounts payable17/49€18,920€51,327▲
Amounts payable within one year42/48€18,920€51,327▲
Trade debts44€11,934€21,136▲
Suppliers440/4€11,934€21,136▲
Taxes, remuneration and social security45€2,630€30,192▲
Taxes450/3€2,630€27,478▲
Remuneration and social security454/9-€2,713
Other amounts payable47/48€4,356-
Income statement Code20222023
Remuneration, social security and pensions62-€12,820
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€25
Non-recurring operating charges66A-€552
Gross operating margin9900€8,317€10,019▲
Operating profit (loss)9901€8,317-€3,378▼
Financial income75/76B€2€39▲
Recurring financial income75€2€39▲
Financial charges65/66B€162€405▲
Recurring financial charges65€162€405▲
Profit (loss) for the period before taxes9903€8,157-€3,745▼
Income taxes67/77€1,643-
Profit (loss) for the period9904€6,514-€3,745▼
Profit (loss) for the period to be appropriated9905€6,514-€3,745▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,514-€3,745▼
Transfer to equity691/2€6,514-
To other reserves6921€6,514-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023Change
Remuneration, social security and pensions62-€12,820-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€25-
Non-recurring operating charges66A-€552-
Gross operating margin9900€8,317€10,019▲ 20.5%
Operating profit (loss)9901€8,317-€3,378▼ 141%
Financial income75/76B€2€39▲ 1,838%
Recurring financial income75€2€39▲ 1,838%
Financial charges65/66B€162€405▲ 150%
Recurring financial charges65€162€405▲ 150%
Profit (loss) for the period before taxes9903€8,157-€3,745▼ 146%
Income taxes67/77€1,643--
Profit (loss) for the period9904€6,514-€3,745▼ 157%
Profit (loss) for the period to be appropriated9905€6,514-€3,745▼ 157%
Line20222023Change
Assets
Total assets20/58€30,434€59,097▲ 94.2%
Fixed assets21/28-€742-
Tangible fixed assets22/27-€742-
Plant, machinery and equipment23-€742-
Current assets29/58€30,434€58,355▲ 91.7%
Stocks and contracts in progress3€15,000€16,000▲ 6.7%
Stocks30/36€15,000€16,000▲ 6.7%
Amounts receivable within one year40/41€9,454€31,224▲ 230%
Trade receivables40€9,454€9,665▲ 2.2%
Other amounts receivable41-€21,558-
Cash at bank and in hand54/58€5,980€11,105▲ 85.7%
Deferred charges and accrued income490/1-€27-
Equity and liabilities
Total equity and liabilities10/49€30,434€59,097▲ 94.2%
Equity10/15€11,514€7,769▼ 32.5%
Contributions10/11€5,000€5,000=
Capital10€5,000€5,000=
Issued capital100€5,000€5,000=
Reserves13€6,514€6,514=
Distributable reserves133€6,514€6,514=
Profit (loss) carried forward14--€3,745-
Amounts payable17/49€18,920€51,327▲ 171%
Amounts payable within one year42/48€18,920€51,327▲ 171%
Trade debts44€11,934€21,136▲ 77.1%
Suppliers440/4€11,934€21,136▲ 77.1%
Taxes, remuneration and social security45€2,630€30,192▲ 1,048%
Taxes450/3€2,630€27,478▲ 945%
Remuneration and social security454/9-€2,713-
Other amounts payable47/48€4,356--
Line20222023Change
Profit (loss) for the period9904€6,514-€3,745▼ 157%
+ Depreciation and write-downs630-€25-
Operating cash flow (approximation)€6,514-€3,719▼ 157%
Change in cash-€5,125-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-03
KBO administration Address struck
2024
12-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 05-11-2024
2023
22-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
06-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Gent · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
740 m²
Building footprint
611 m²
Volume, LiDAR
13,251 m³
Parcel 44804D2709/00K008, Flanders · tallest building 29.0 m, ±9 floors. Linked by address, not a title deed.
84 companies at this address See who is registered here
1 establishment unit
A&D TECH
Manufacture of other transport equipment
since 20212.321.089.244
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D2709/00K008 Flanders 740 m² 1 · 611 m² 29.0 m · 9 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator PATRICIA VANDENBERGE
BURGEMEESTER EDMOND RONSESTRAAT 4, 9820 05 MELSEN
05-11-2024 → present

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 297 EUR awarded · 297 EUR paid
Year Entries awardedpaid
2022 1 297 EUR297 EUR
Schemes
1 entry · 297 EUR · 297 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,223 companies in sector 47400 we hold annual accounts for 1,806. 827 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-06-2021
Fiscal year end31-03
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
30310Manufacture of other transport equipment
33120Repair and maintenance of machinery
33190Repair, maintenance and installation of machinery and equipment
43211General electrical installation work
47120Other non-specialised retail sale
82990Other business support services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.