ADA & CO
InactiveNo longer registered with the KBO since 03-08-2026; last annual accounts for fiscal year 2024.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
65 d late
2022
28 d late
2021
92 d late
2020
26 d late
2019
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€66k▲ 389%
2023 · €14k
2018: €75k
2019: €57k
2020: €122k
2021: €131k
2022: €104k
2023: €14k
2018 → 2024
Total assets
€160k▼ 68.8%
2023 · €513k
2018: €794k
2019: €685k
2020: €706k
2021: €664k
2022: €593k
2023: €513k
2018 → 2024
Net result
€53k
2023 · €-90k
2018: €55k
2019: €-19k
2020: €147k
2021: €10k
2022: €-28k
2023: €-90k
2018 → 2024
Working capital
€63k
2023 · €-75k
2018: €32k
2019: €-44k
2020: €-103k
2021: €-37k
2022: €-28k
2023: €-75k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€122k-€131k▲ 7.9%€104k▼ 21.1%€14k▼ 86.9%€66k▲ 389%
Operating result€210k-€34k▼ 83.8%€-15k€-71k▼ 368%€206k
Net result€147k-€10k▼ 93.5%€-28k€-90k▼ 225%€53k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €206k after a loss of €71k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160k
Fixed assets
€4k▼ 95.9%
Current assets
€157k▼ 63.1%
Equity and liabilities €160k
Equity
€66k▲ 389%
Debt
€94k▼ 81.2%
The debt ratio falls from 97.4% to 58.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€209k▲
2023 · €-16k
Cash flow
€56k▲
2023 · €-35k
Solvency
41.4%▲
2023 · 2.6%
Current ratio
1.67▲
2023 · 0.85
Quick ratio
1.67▲
2023 · 0.39
Debt / equity
1.42▼
2023 · 36.84
ROE
79.6%▲
2023 · -663.0%
ROA
32.9%▲
2023 · -17.5%
Interest coverage
50.66▲
2023 · -0.77
Debt
€94k▼
2023 · €500k
Debt ≤ 1 year
€94k▼
2023 · €500k
Income taxes
€21k▲
2023 · €0
Staff costs
€262k▼
2023 · €347k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€513k€160k▼
Fixed assets21/28€89k€4k▼
Tangible fixed assets22/27€89k€4k▼
Plant, machinery and equipment23€5k-
Furniture and vehicles24€5k€4k▼
Other tangible fixed assets26€79k-
Current assets29/58€424k€157k▼
Amounts receivable after more than one year29€52k€52k=
Trade receivables290€0-
Other amounts receivable291€52k€52k=
Stocks and contracts in progress3€229k-
Stocks30/36€229k-
Amounts receivable within one year40/41€45k€101k▲
Trade receivables40€1k€63k▲
Other amounts receivable41€44k€38k▼
Current investments50/53-€492
Cash at bank and in hand54/58€63k-
Deferred charges and accrued income490/1€35k€4k▼
Equity and liabilities
Total equity and liabilities10/49€513k€160k▼
Equity10/15€14k€66k▲
Contributions10/11€19k€19k=
Reserves13€26k€26k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€-31k€22k▲
Amounts payable17/49€500k€94k▼
Amounts payable within one year42/48€500k€94k▼
Trade debts44€466k€4k▼
Suppliers440/4€466k€4k▼
Taxes, remuneration and social security45€32k€22k▼
Taxes450/3€0€22k▲
Remuneration and social security454/9€32k-
Other amounts payable47/48€2k€69k▲
Income statement
Code20232024
Non-recurring operating income76A€20k-
Remuneration, social security and pensions62€347k€262k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€3k▼
Other operating charges640/8€20k€23k▲
Gross operating margin9900€351k€494k▲
Operating profit (loss)9901€-71k€206k▲
Financial income75/76B€2k€14k▲
Recurring financial income75€2k€1k▼
Non-recurring financial income76B-€13k
Financial charges65/66B€21k€146k▲
Recurring financial charges65€21k€4k▼
Non-recurring financial charges66B-€142k
Profit (loss) for the period before taxes9903€-90k€74k▲
Income taxes67/77€0€21k▲
Profit (loss) for the period9904€-90k€53k▲
Profit (loss) for the period to be appropriated9905€-90k€53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€22k▲
Profit (loss) brought forward from the previous period14P€59k€-31k▼
Social balance
Average headcount (FTE)90877.76.5▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-08
State Gazette act
Resignations & appointments · RestructuringGeneral meeting · Merger · Dissolution5 facts ▸
State Gazette act
Resignations & appointments · Restructuring
General meeting · Merger · Dissolution5 facts ▸
- General meeting, 15/07/2026
- Merger, absorption
- Dissolution, ontbinding zonder vereffening
- Accounting effect, 01/04/2026
- Power of attorney, REGISTOR(E)
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Back to profitnet €53k
Net result €53k after 2 loss-making years.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 65 days late
2023
31-12
Financial
Weakest financial yearnet €-90k
Net result drops to €-90k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Back to profitnet €147k
Net result €147k after one loss-making year.
31-12
Financial
Equity above €100kEq €122k ▲115%
Equity rises from €57k to €122k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-02-2024
Umed Raoufi: Resigned as Director
30-06-2021
Umed Raoufi: Resigned as Director
30-06-2021
Hosie ABDUL SATAR: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen
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.
Sint-Bernardsesteenweg 7662660 AntwerpenGround area
187 m²
Building footprint
99 m²
Volume, LiDAR
477 m³
Parcel 11019B0211/00L002, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0211/00L002 | Flanders | 187 m² | 1 · 99 m² | 9.4 m · 1 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Acquisitions and mergers
3 transactionsPublic money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 23,333 EUR awarded · 23,708 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,148 EUR | 1,148 EUR |
| 2024 | 2 | 5,360 EUR | 5,735 EUR |
| 2023 | 1 | 7,205 EUR | 7,205 EUR |
| 2022 | 1 | 9,620 EUR | 9,620 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 4,611 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-07-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.