ADA TRANSPORT
ActiveThe computed 12-month bankruptcy probability of ADA TRANSPORT is 2.0% (moderate). The 2023 annual accounts show equity of €241k and a net result of €-195k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 6119 sector peers (fiscal year 2023). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
Axes · tick = 2022
Profitability0▼-53
Solvency77▼-19
Growth52=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 1.84 against 2.83 in 2022), but 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
37.5%
Return on assets
-30.4%
Age of the figures
32 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline14-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 06-02-2025, 190 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
190 d late
2022
51 d late
2021
114 d late
2020
102 d late
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€241k▼ 44.8%
2022 · €437k
2018: €174k
2019: €233k
2020: €345k
2021: €391k
2022: €437k
2018 → 2023
Total assets
€643k▼ 25.0%
2022 · €856k
2018: €493k
2019: €578k
2020: €603k
2021: €529k
2022: €856k
2018 → 2023
Net result
€-195k
2022 · €46k
2018: €110k
2019: €53k
2020: €82k
2021: €46k
2022: €46k
2018 → 2023
Working capital
€127k▼ 57.5%
2022 · €299k
2018: €132k
2019: €149k
2020: €333k
2021: €266k
2022: €299k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€233k-€345k▲ 47.9%€391k▲ 13.3%€437k▲ 11.8%€241k▼ 44.8%
Operating result€69k-€105k▲ 51.4%€46k▼ 55.9%€47k▲ 2.1%€-164k
Net result€53k-€82k▲ 53.7%€46k▼ 43.8%€46k▲ 0.7%€-195k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €164k after €47k in 2022, the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €636k
Fixed assets
€358k▼ 9.1%
Current assets
€278k▼ 39.8%
Equity and liabilities €643k
Equity
€241k▼ 44.8%
Debt
€402k▼ 4.3%
The debt ratio rises from 49.0% to 62.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-153k▼
2022 · €116k
Cash flow
€-185k▼
2022 · €115k
Solvency
37.5%▼
2022 · 51.0%
Current ratio
1.84▼
2022 · 2.83
Quick ratio
1.84▼
2022 · 2.82
Debt / equity
1.67▲
2022 · 0.96
ROE
-81.0%▼
2022 · 10.6%
ROA
-30.4%▼
2022 · 5.4%
Interest coverage
-16.65▼
2022 · 109.76
Debt
€402k▼
2022 · €420k
Debt ≤ 1 year
€151k▼
2022 · €164k
Debt > 1 year
€250k▼
2022 · €256k
Income taxes
€22k
Staff costs
€255k▼
2022 · €267k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€856k€643k▼
Formation expenses20-€6k
Fixed assets21/28€394k€358k▼
Tangible fixed assets22/27€364k€328k▼
Land and buildings22€340k€302k▼
Furniture and vehicles24€24k€27k▲
Financial fixed assets28€30k€30k=
Current assets29/58€463k€278k▼
Stocks and contracts in progress3€515-
Stocks30/36€515-
Amounts receivable within one year40/41€262k€268k▲
Trade receivables40€260k€268k▲
Other amounts receivable41€2k-
Cash at bank and in hand54/58€199k€10k▼
Deferred charges and accrued income490/1€419€419=
Equity and liabilities
Total equity and liabilities10/49€856k€643k▼
Equity10/15€437k€241k▼
Contributions10/11€42k€42k=
Capital10€42k-
Issued capital100€49k-
Uncalled capital101€6k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€383k€187k▼
Investment grants15€10k€10k=
Amounts payable17/49€420k€402k▼
Amounts payable after more than one year17€256k€250k▼
Financial debts170/4€256k€250k▼
Amounts payable within one year42/48€164k€151k▼
Current portion of amounts payable after more than one year42€24k€24k▲
Trade debts44€82k€5k▼
Suppliers440/4€82k€5k▼
Taxes, remuneration and social security45€3k€95k▲
Taxes450/3-€49k
Remuneration and social security454/9€3k€46k▲
Other amounts payable47/48€55k€28k▼
Income statement
Code20222023
Remuneration, social security and pensions62€267k€255k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€10k▼
Other operating charges640/8€756€121k▲
Gross operating margin9900€384k€223k▼
Operating profit (loss)9901€47k€-164k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€9k▲
Recurring financial charges65€1k€9k▲
Profit (loss) for the period before taxes9903€46k€-173k▼
Income taxes67/77-€22k
Profit (loss) for the period9904€46k€-195k▼
Profit (loss) for the period to be appropriated9905€46k€-195k▼
Appropriation of the result
Profit (loss) to be appropriated9906€383k€187k▼
Profit (loss) brought forward from the previous period14P€337k€382k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 190 days late
2023
31-12
Financial
Weakest financial yearnet €-195k ▼522%
Net result drops to €-195k, the lowest in the series.
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 102 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 5.04
Current ratio from 1.92 to 5.04; short-term debt falls from €163k to €82k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Equity above €200kEq €233k ▲33.6%
2 profitable years in a row build equity to €233k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
06-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Genk · 1 establishment unit since 2009
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.
Spoorwegstraat 473600 GenkGround area
516 m²
Building footprint
118 m²
Volume, LiDAR
578 m³
Parcel 71307H0034/00H152, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Spoorwegstraat 47, 3600 Genk
since 20092.182.780.607
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0034/00H152 | Flanders | 516 m² | 1 · 118 m² | 10.1 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.
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BE 0423.349.372
Antwerpen · Eq €241k
RGT Transport
BE 0713.586.537
Hamme (Vl.) · Eq €241k
GREGOIRE TRAVAUX
BE 0823.275.622
Eghezée · Eq €241k
HILTRANS ROAD SERVICES
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Knokke-Heist · Eq €241k
Of 12,446 companies in sector 49410 we hold annual accounts for 8,085. 5,983 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-11-2009
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.