ADA&CO3
The computed 12-month bankruptcy probability of ADA&CO3 is 2.4% (moderate). The 2024 annual accounts show equity of €44k and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 1220 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €44k |
| Net result | €-6k |
| Better than sector | 69% |
| Active | 7 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 39.0% | 20.4% | |
| Net result | €-6k | €26k | |
| Equity | €44k | €143k | |
| Gross operating margin | €9k | €217k | |
| Total assets | €113k | €765k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-6k |
| Net profit | €-6k |
| Cash flow | €-6k |
| Staff costs | - |
| Income taxes | €53 |
| Dividends | - |
| Total assets | €113k |
| Equity | €44k |
| Debt | €69k |
| of which ≤ 1y | €69k |
| of which > 1y | - |
| Working capital | €44k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.64 |
| Quick ratio | 1.64 |
| Working capital ratio | 39.0% |
| Solvency | 39.0% |
| Debt / equity | 1.56 |
| Long-term debt ratio | - |
| Interest coverage | -49.07 |
| Gross margin | - |
| Net margin | - |
| ROA | -5.1% |
| ROE | -13.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €113k |
| Current assets | 29/58 | €113k |
| Amounts receivable within one year | 40/41 | €99k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €113k |
| Equity | 10/15 | €44k |
| Contributions / capital | 10/11 | €130k |
| Accumulated profits (losses) | 14 | €-86k |
| Amounts payable | 17/49 | €69k |
| Amounts payable within one year | 42/48 | €69k |
| Trade debts payable within one year | 44 | €69k |
| Income statement | ||
| Gross operating margin | 9900 | €9k |
| Operating result | 9901 | €-6k |
| Financial income | 75 | €377 |
| Financial charges | 65 | €119 |
| Result before taxes | 9903 | €-6k |
| Income taxes | 67/77 | €53 |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
Former directors (1)
-
Former- → 30-06-2021
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 19-09-2018 |
| Status | Active |
| Postal code | 2660 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0211/00L002 | Flanders | 187 m² | 1 · 99 m² | 9.4 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
09-06-2026 Merger · Dissolution · Accounting effect · Officer appointment
- Filing · ADA&CO3
- Publication: 2026-06-09 · ADA&CO3
- Merger: date: 2026-06-01, type: absorption, description: met fusie door overneming gelijkgestelde verrichtingproposed · ADA&CO3
- Merger: date: 2026-06-01, type: absorption, description: met fusie door overneming gelijkgestelde verrichtingproposed · ADA & Co
- Dissolution: date: 2026-06-01, type: without_liquidationproposed · ADA&CO3
- Dissolution: date: 2026-06-01, type: without_liquidationproposed · ADA & Co
- Accounting effect: 2026-04-01proposed · ADA&CO3
- Accounting effect: 2026-04-01proposed · ADA & Co
- Officer appointment: role: Bestuurderproposed · Umed RAOUFI
- Act object: Voorstel tot met fusie door overneming gelijkgestelde verrichting
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}09-06-2026 Merger · Accounting effect · Officer appointment · Act object
- Publication: 2026-06-09 · ADA & Co
- Filing: 2026-06-01 · ADA & Co
- Merger: type: fusion_by_absorption, description: met fusie door overneming gelijkgestelde verrichting, absorbing_company: ADA&CO2, legal_completion_date: 2026-06-01, accounting_effect_date: 2026-04-01proposed · ADA & Co
- Accounting effect: 2026-04-01proposed · ADA & Co
- Officer appointment: role: Bestuurderproposed · Umed RAOUFI
- Act object: Voorstel tot met fusie door overneming gelijkgestelde verrichting
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- Filing: 2026-06-01 · ADA&CO2
- Merger: date: 2026-06-01, type: absorption, description: met fusie door overneming gelijkgestelde verrichtingproposed · ADA&CO2
- Merger: date: 2026-06-01, type: absorption, description: met fusie door overneming gelijkgestelde verrichtingproposed · ADA&CO2
- Accounting effect: 2026-04-01proposed · ADA&CO2
- Officer appointment: role: Bestuurderproposed · Umed RAOUFI
- Publication: 2026-06-09
- Act object: Voorstel tot met fusie door overneming gelijkgestelde verrichting
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}10-07-2025 Registered office moved from Schoten to Antwerpen
- Zaatstraat 40, 2900 Schoten → Sint-Bernardsesteenweg 766, 2660 Antwerpen
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}11-08-2021 Hosie ABDUL SATAR resigns as director
- Hosie ABDUL SATAR, Bestuurder
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}31-07-2020 Registered office moved from Antwerpen to Schoten
- Bisschoppenhoflaan 459, 2100 Antwerpen → Zaatstraat 40, 2900 Schoten
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}21-09-2018 Incorporation of a new BV
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | ADA&CO3 |
| Trade nameNL | ADA&CO3 |