Active BE 0831.912.976Private limited company (pre-2019)Open bankruptcy

ADA-Autoservice

Begijnenstraat 162 ·9100 Sint-Niklaas, Belgium· 15 yrs active

Sector: NACE 95311 (95311)

Conclusion Checked

A bankruptcy procedure is open for ADA-Autoservice according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-12k) and a net result of €3k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-12k
Net result	€3k
Better than sector	7%
Active	15 yrs

Snowflake analysis 5 axes · computed by Checked

22 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 0

Solvency 34

Growth 78

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 risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

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

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 23-01-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 95 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-93.1%	20.6%	better than 7% of 183 sector peers
Net result	€3k	€4k	better than 48% of 183 sector peers
Equity	€-12k	€10k	better than 14% of 184 sector peers
Gross operating margin	€9k	€19k	better than 39% of 182 sector peers
Total assets	€13k	€55k	better than 12% of 183 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€3k

-61.0% 18–23

Total assets

€13k

+15.5% 18–23

Equity

€-12k

+21.9% 18–23

Working capital

€-12k

+21.9% 18–23

Employees (FTE)

1

— 18–23

Debt

€25k

-6.1% 18–23

Debt ≤ 1y

€25k

-6.1% 18–23

Current ratio

0.52

+23.1% 18–23

Quick ratio

0.52

+23.1% 18–23

Solvency

-93.1%

+32.4% 18–23

Debt / equity

-2.07

-20.1% 18–23

ROE

-28.0%

+50.1% 18–23

ROA

26.1%

-66.3% 18–23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Revenue	—
EBITDA	—
Net profit	€3k
Cash flow	—
Staff costs	—
Income taxes	—
Dividends	—
Total assets	€13k
Equity	€-12k
Debt	€25k
of which ≤ 1y	€25k
of which > 1y	—
Working capital	€-12k
Employees (FTE)	—

Ratios (computed)

	2023
Current ratio	0.52
Quick ratio	0.52
Working capital ratio	-93.1%
Solvency	-93.1%
Debt / equity	-2.07
Long-term debt ratio	—
Interest coverage	—
Gross margin	—
Net margin	—
ROA	26.1%
ROE	-28.0%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Full annual accounts

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

Line item	Code	2023
Balance sheet — Assets
TOTAL ASSETS	20/58	€13k
Current assets	29/58	€13k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€10k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€13k
Equity	10/15	€-12k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-18k
Amounts payable	17/49	€25k
Amounts payable within one year	42/48	€25k
Trade debts payable within one year	44	€11k
Income statement
Gross operating margin	9900	€9k
Operating result	9901	€4k
Financial charges	65	€665
Result before taxes	9903	€3k
Net result for the period	9904	€3k
Result to be appropriated	9905	€3k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	FREDERIK NAENEN BAZELSTRAAT 30, 9150 KRUI- BEKE ↔ Also on 87 other cases	27-06-2024 → present	Belgian State Gazette

Legal Structure

NACE primary	95311
Legal form	Private limited company (pre-2019)(015)
Incorporation	15-12-2010
Status	Active
Postal code	9100
First BS signal	03-07-2024
Latest BS signal	03-07-2024

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

ADA - AUTOSERVICE

Begijnenstraat 162, 9100 Sint-NiklaasGroothandel in auto's en lichte bestelwagens (= 3,5 ton)

since 20102.195.206.109

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 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46447B0370/00S003	Flanders	133 m²	1 · 81 m²	10.1 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 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.

2024

03-07-2024

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · ADA-AUTOSERVICE BV BEGIJNENSTRAAT 162, 9100 SINT-NIKLAAS · event 27-06-2024

23-01-2024