Skip to content
Checked.be
Complete company report
Generated 12-08-2026
Active BE 0741.883.813Private limited companyOpen bankruptcy

ADAM SUPERMARKT

Steenweg 3 ·3540 Herk-de-Stad, Belgium· 6 yrs active
Sector: Overige detailhandel in voedingsmiddelen, neg (47279)
Conclusion Checked

A bankruptcy procedure is open for ADAM SUPERMARKT according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €51k and a net result of €28k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €51k
Net result €28k
Staff (FTE) 3.9
Better than sector 30%
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health6Profitability100Solvency19Growth78Stability0
41 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 6
Profitability 100
Solvency 19
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 riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2022 · computed
6 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 27-09-2023 with the NBB · fiscal year 2022 · verkort
€0€20k€40kOperating result 2021: €18k€18kNet result 2021: €3k€3kOperating result 2022: €42k€42kNet result 2022: €28k€28k20212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 9.4% 23.6%
better than 30% of 904 sector peers
Net result €28k €26k
better than 51% of 905 sector peers
Equity €51k €147k
better than 32% of 905 sector peers
Gross operating margin €155k €198k
better than 43% of 903 sector peers
Staff costs €106k €138k
higher than 40% of 695 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€45k
+96.6% 21-22
Net profit
€28k
+714.5% 21-22
Cash flow
€30k
+282.3% 21-22
Total assets
€546k
+27.8% 21-22
Equity
€51k
+118.9% 21-22
Working capital
€29k
- 21-22
Employees (FTE)
4
-4.9% 21-22
Staff costs
€106k
-48.9% 21-22
Income taxes
€9k
+280.8% 21-22
Debt
€495k
+22.5% 21-22
Debt ≤ 1y
€495k
+22.5% 21-22
Current ratio
1.06
+6.2% 21-22
Quick ratio
0.15
+10.3% 21-22
Solvency
9.4%
+71.3% 21-22
Debt / equity
9.65
-44.0% 21-22
ROE
54.3%
+272.2% 21-22
ROA
5.1%
+537.4% 21-22
Interest coverage
8.01
+340.3% 21-22
Figures by fiscal year
Fiscal year2022
Depositverkort
Revenue-
EBITDA€45k
Net profit€28k
Cash flow€30k
Staff costs€106k
Income taxes€9k
Dividends-
Total assets€546k
Equity€51k
Debt€495k
of which ≤ 1y€495k
of which > 1y-
Working capital€29k
Employees (FTE)3.9
Ratios (computed)
2022
Current ratio1.06
Quick ratio0.15
Working capital ratio5.3%
Solvency9.4%
Debt / equity9.65
Long-term debt ratio-
Interest coverage8.01
Gross margin-
Net margin-
ROA5.1%
ROE54.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€546k
Fixed assets 21/28€22k
Tangible fixed assets 22/27€22k
Current assets 29/58€524k
Stocks & contracts in progress 3€452k
Amounts receivable within one year 40/41€57k
Cash & bank 54/58€15k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€546k
Equity 10/15€51k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€31k
Amounts payable 17/49€495k
Amounts payable within one year 42/48€495k
Trade debts payable within one year 44€107k
Income statement
Gross operating margin 9900€155k
Operating result 9901€42k
Financial charges 65€6k
Result before taxes 9903€37k
Income taxes 67/77€9k
Net result for the period 9904€28k
Result to be appropriated 9905€28k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates3 persons
Role Name Tenure Source
Curator DOMINIC GIELEN
VAN DIJCKLAAN 15, 3500 HASSELT-
 27-03-2025 → present Belgian State Gazette
Curator XAVIER GIELEN
Van Dijcklaan 15, 3500 HASSELT
 27-03-2025 → present Belgian State Gazette
Curator FREDERIKA VAN SWYGENHOVEN
VAN DIJCKLAAN 15, 3500 HASSELT
 27-03-2025 → present Belgian State Gazette
Legal Structure
NACE primary Overige detailhandel in voedingsmiddelen, neg(47279)
Legal form Private limited company(610)
Incorporation22-01-2020
StatusActive
Postal code3540
First BS signal 02-04-2025
Latest BS signal 02-04-2025
Establishment units 1 location
ADAM SUPERMARKT
Steenweg 3, 3540 Herk-de-StadNiet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen
since 20202.298.836.256
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.
71003B0070/00Z004 Flanders 5,956 m² 1 · 357 m² -
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 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
02-04-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ADAM SUPERMARKT BV STEENWEG 3, 3540 HERK-DE-STAD · event 27-03-2025
2024
19-08-2024
State Gazette act Director changes
2023
27-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
24-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
Lifecycle & Insolvency Signals 1 events
02-04-2025
Bankruptcy Opening
Date: 27-03-2025 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · ADAM SUPERMARKT BV STEENWEG 3, 3540 HERK-DE-STAD · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-04-02 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2024
19-08-2024 Discharge granted to the board Director changes
Technical details 
{
  "events": [
    {
      "kind": "board_snapshot",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Hussein Shahan",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Het ontslag van Hussein Shahan wordt aanvaard en zal ingaan op 31/07/2024.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Hussein Shahan",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-07-31",
      "evidence_quote": "Het ontslag van Hussein Shahan wordt aanvaard en zal ingaan op 31/07/2024.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Leuven",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2024-08-19",
    "filing_date": "2024-08-07",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "bijzondere_algemene_vergadering",
      "date": "2024-06-15",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0741.883.813",
    "name_full": "Adam Supermarkt",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Activities
Overige detailhandel in voedingsmiddelen, neg47279Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.47299Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113Detailhandel in groenten en fruit in gespecialiseerde winkels47210Detailhandel in groenten en fruit47210Detailhandel in vlees en vleesproducten in gespecialiseerde winkels, m.u.v. vlees van wild en van gevogelte47221Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte47221Detailhandel in vis en schaal- en weekdieren in gespecialiseerde winkels47230Detailhandel in vis en schaal- en weekdieren47230Detailhandel in brood en banketbakkerswerk in gespecialiseerde winkels (koude bakkers)47241Detailhandel in brood en banketbakkerswerk (koude bakkers)47241Detailhandel in dranken in gespecialiseerde winkels, algemeen assortiment47252Detailhandel in dranken, algemeen assortiment47252Detailhandel in tabaksproducten in gespecialiseerde winkels47260Detailhandel in tabaksproducten47260Detailhandel in zuivelproducten en eieren47271Detailhandel in zuivelproducten en eieren in gespecialiseerde winkels47291
Primary activity highlighted.
Names & trade names
Legal nameNL ADAM SUPERMARKT
Registered office
Steenweg 3
3540 Herk-de-Stad, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Comparable size · 224 of 2,469 companies in this sector with filed accounts
NATURALOHA BE 0669.725.414 · Wavre
Cheff's BE 0778.319.585 · Merelbeke-Melle
VELDVOLK BE 0785.924.187 · Nijlen
Fit & Beauty by Mieke BE 0783.498.494 · Tielt-Winge
Paco Belmontes BE 0791.203.462 · Brussel
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative