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ADAMTRANS

Open bankruptcy
Private limited company (pre-2019)founded 2016Europark-Noord 45, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0650.574.347

A bankruptcy procedure is open for ADAMTRANS according to publications in the Belgian State Gazette; curator: JONAS VAN WEYENBERG.

Summary

The 2024 annual accounts show negative equity (-€40,560) and a net result of -€71,794.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Dendermonde division
Declared bankrupt
2 December 2025
Supervising judge
Guido Henkens
Official Gazette
09-12-2025 (pdf) ↗search the document for 2025/150923

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€40,560
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-10-2025, 86 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
86 d late
2023
27 d late
2022
25 d early
2021
51 d late
2020
4 d early
2019
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 17 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ADAMTRANS was incorporated on 14 March 2016.1 Total assets rose from EUR 58,460 in 2018 to EUR 86,756 in 2024 and headcount from 0.3 full-time equivalents in 2019 to 1.5 in 2023.2 On 2 December 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019, 2023 and 2024
  3. 3Belgian State Gazette, 09-12-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€40,560
2023 · €31,233
Total assets
€86,756▼ 46.9%
2023 · €163,393
Net result
-€71,794▼ 141%
2023 · -€29,731
Working capital
-€59,286▼ 8,657%
2023 · -€677
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€13,817▲ 114%€4,938▼ 64.3%€12,494▲ 153%-€19,636-€62,288▼ 217%
Net result€11,673▲ 136%€3,466▼ 70.3%€7,571▲ 118%-€29,731-€71,794▼ 141%
Equity€49,927▲ 30.5%€53,393▲ 6.9%€60,964▲ 14.2%€31,233▼ 48.8%-€40,560
Total assets€95,881▲ 23.1%€100,419▲ 4.7%€183,982▲ 83.2%€163,393▼ 11.2%€86,756▼ 46.9%
Debt€45,954▲ 15.9%€47,026▲ 2.3%€123,018▲ 162%€132,160▲ 7.4%€127,317▼ 3.7%
Working capital€31,940▲ 209%€33,938▲ 6.3%€44,205▲ 30.3%-€677-€59,286▼ 8,657%
Staff (FTE)0.7▲ 133%0.3▼ 57.1%1.9▲ 533%1.5▼ 21.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€75,000-€50,000-€25,000€0€25,000Operating result 2020: €13,817€13,817Net result 2020: €11,673€11,673Operating result 2021: €4,938€4,938Net result 2021: €3,466€3,466Operating result 2022: €12,494€12,494Net result 2022: €7,571€7,571Operating result 2023: -€19,636-€19,636Net result 2023: -€29,731-€29,731Operating result 2024: -€62,288-€62,288Net result 2024: -€71,794-€71,79420202021202220232024-€75,000-€50,000-€25,000€0Operating result 2022: €12,494€12,500Net result 2022: €7,571€7,570Operating result 2023: -€19,636-€19,600Net result 2023: -€29,731-€29,700Operating result 2024: -€62,288-€62,300Net result 2024: -€71,794-€71,800202220232024
The operating result stays negative: a loss of €62,288 in 2024 against €19,636 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €86,756
Fixed assets €44,822 ▼ 23.2%
Current assets €41,935 ▼ 60.1%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€36,061▼
2023 · €4,422
Cash flow
-€45,566▼
2023 · -€5,673
Solvency
-46.8%▼
2023 · 19.1%
Current ratio
0.41▼
2023 · 0.99
Debt to equity
-3.14▼
2023 · 4.23
ROA
-82.8%▼
2023 · -18.2%
Interest coverage
-5.99▼
2023 · 0.67
Debt ≤ 1 year
€101,221▼
2023 · €105,678
Debt > 1 year
€26,096▼
2023 · €26,482
Income taxes
€3,485=
2023 · €3,485
Staff costs
€17,966▼
2023 · €62,637
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€163,393€86,756▼
Fixed assets21/28€58,392€44,822▼
Tangible fixed assets22/27€58,392€44,822▼
Plant, machinery and equipment23€5,652€3,387▼
Furniture and vehicles24€52,740€41,434▼
Current assets29/58€105,001€41,935▼
Amounts receivable within one year40/41€105,001€41,935▼
Trade receivables40€44,608€12,652▼
Other amounts receivable41€60,393€29,283▼
Equity and liabilities
Total equity and liabilities10/49€163,393€86,756▼
Equity10/15€31,233-€40,560▼
Contributions10/11€18,600€18,600=
Capital10€18,600-
Issued capital100€18,600-
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860-
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€10,773-€61,020▼
Amounts payable17/49€132,160€127,317▼
Amounts payable after more than one year17€26,482€26,096▼
Financial debts170/4€26,482€26,096▼
Amounts payable within one year42/48€105,678€101,221▼
Current portion of amounts payable after more than one year42€22,792€30,013▲
Financial debts43€4,303€4,946▲
Credit institutions430/8€4,303-
Other loans439-€4,946
Trade debts44€64,009€65,924▲
Suppliers440/4€64,009€65,924▲
Taxes, remuneration and social security45€14,574€338▼
Taxes450/3€389€338▼
Remuneration and social security454/9€14,185€0▼
Income statement Code20232024
Remuneration, social security and pensions62€62,637€17,966▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,058€26,227▲
Other operating charges640/8€2,308€4,374▲
Gross operating margin9900€69,367-€13,720▼
Operating profit (loss)9901-€19,636-€62,288▼
Financial charges65/66B€6,610€6,020▼
Recurring financial charges65€6,610€6,020▼
Profit (loss) for the period before taxes9903-€26,246-€68,308▼
Income taxes67/77€3,485€3,485=
Profit (loss) for the period9904-€29,731-€71,794▼
Profit (loss) for the period to be appropriated9905-€29,731-€71,794▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,773-€61,020▼
Profit (loss) brought forward from the previous period14P€40,504€10,773▼
Social balance
Average headcount (FTE)90871.5-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€12,729€86,761€62,637€17,966▼ 71.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,946€8,563€25,625€24,058€26,227▲ 9.0%
Other operating charges640/8-€2,489€6,793€2,308€4,374▲ 89.5%
Gross operating margin9900€37,549€28,719€131,673€69,367-€13,720▼ 120%
Operating profit (loss)9901€13,817€4,938€12,494-€19,636-€62,288▼ 217%
Financial income75/76B--€61---
Recurring financial income75€25-€61---
Financial charges65/66B-€1,472€3,756€6,610€6,020▼ 8.9%
Recurring financial charges65€1,169€1,472€3,756€6,610€6,020▼ 8.9%
Profit (loss) for the period before taxes9903€12,672€3,466€8,799-€26,246-€68,308▼ 160%
Income taxes67/77€999-€1,228€3,485€3,485=
Profit (loss) for the period9904€11,673€3,466€7,571-€29,731-€71,794▼ 141%
Profit (loss) for the period to be appropriated9905€11,673€3,466€7,571-€29,731-€71,794▼ 141%
Line20202021202220232024Change
Assets
Total assets20/58€95,881€100,419€183,982€163,393€86,756▼ 46.9%
Fixed assets21/28€17,987€19,455€66,033€58,392€44,822▼ 23.2%
Tangible fixed assets22/27€17,987€19,455€66,033€58,392€44,822▼ 23.2%
Plant, machinery and equipment23-€4,681€7,916€5,652€3,387▼ 40.1%
Furniture and vehicles24-€14,774€58,117€52,740€41,434▼ 21.4%
Current assets29/58€77,894€80,964€117,949€105,001€41,935▼ 60.1%
Amounts receivable within one year40/41€75,464€77,219€113,549€105,001€41,935▼ 60.1%
Trade receivables40-€39,286€60,077€44,608€12,652▼ 71.6%
Other amounts receivable41-€37,933€53,472€60,393€29,283▼ 51.5%
Cash at bank and in hand54/58€2,430€3,745€2,859---
Deferred charges and accrued income490/1--€1,541---
Equity and liabilities
Total equity and liabilities10/49€95,881€100,419€183,982€163,393€86,756▼ 46.9%
Equity10/15€49,927€53,393€60,964€31,233-€40,560▼ 230%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600€18,600€18,600--
Issued capital100-€18,600€18,600€18,600--
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130-€1,860€1,860€1,860--
Reserves not available under the articles1311----€1,860-
Profit (loss) carried forward14€29,467€32,933€40,504€10,773-€61,020▼ 666%
Amounts payable17/49€45,954€47,026€123,018€132,160€127,317▼ 3.7%
Amounts payable after more than one year17--€49,274€26,482€26,096▼ 1.5%
Financial debts170/4--€49,274€26,482€26,096▼ 1.5%
Amounts payable within one year42/48€45,954€47,026€73,744€105,678€101,221▼ 4.2%
Current portion of amounts payable after more than one year42--€21,311€22,792€30,013▲ 31.7%
Financial debts43---€4,303€4,946▲ 14.9%
Credit institutions430/8---€4,303--
Other loans439----€4,946-
Trade debts44€39,912€38,531€44,973€64,009€65,924▲ 3.0%
Suppliers440/4-€38,531€44,973€64,009€65,924▲ 3.0%
Taxes, remuneration and social security45-€8,495€7,460€14,574€338▼ 97.7%
Taxes450/3--€50€389€338▼ 13.0%
Remuneration and social security454/9-€8,495€7,410€14,185€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904€11,673€3,466€7,571-€29,731-€71,794▼ 141%
+ Depreciation and write-downs630€9,946€8,563€25,625€24,058€26,227▲ 9.0%
Operating cash flow (approximation)€21,619€12,029€33,196-€5,673-€45,566▼ 703%
Investment in fixed assets (approximation)--€10,031-€72,203-€16,417-€12,657▲ 22.9%
Change in cash-€1,315-€886---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
09-12
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 02-12-2025
25-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 86 days late
2024
31-12
Financial Weakest financial yearnet -€71,794
Net result drops to -€71,794, the lowest in the series.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
06-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 51 days late
2021
27-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Sint-Niklaas · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
2,548 m²
Building footprint
939 m²
Volume, LiDAR
8,025 m³
2 parcels, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ADAMTRANS
Filip De Pillecynstraat 18, 9160 LokerenFreight transport by road
since 20162.253.634.355
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46442C0081/00R000 Flanders 1,959 m² 1 · 846 m² 9.6 m · 3 fl.
46014A0405/00V002 Flanders 589 m² 1 · 93 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JONAS VAN WEYENBERG
F.KHNOPFF- STRAAT 104A, 9200 DENDERMONDE
02-12-2025 → present

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,552 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.