ADAS Solution
ActiveSummary
The computed 12-month bankruptcy probability of ADAS Solution is 1.9% (moderate). The 2025 annual accounts show equity of €10,586 and a net result of -€19,414. Its solvency ranks better than 25% of 12,777 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 20-12-2024 Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811and 2 others
- Establishment unit
- 2.368.012.203 4101 Seraing, since 20-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Turnover
- €134,273
- Loss
- €19,414
- Equity
- €10,586
- Total assets
- €70,822
- 2025 accounts filed 28 days after the deadline
Score breakdownraises riskFounded in 2024Equity €10,586 (14.9% of total assets)Size: turnover €134,273, total assets €70,822lowers riskLiquidity: current ratio 1.00, cash €17,706Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 31% of them on solvency, 32% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 28 days after the deadline Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00500421.
Annual accounts 2025 filed on 28-08-2026 at the NBB
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €14,312 |
| Depreciation and write-downs of the year | €3,578 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Turnover70 | €134,273 |
| Goods, raw materials, services and sundry goods60/61 | €149,460 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,578 |
| Gross operating margin9900 | -€15,187 |
| Operating profit (loss)9901 | -€18,765 |
| Financial charges65/66B | €649 |
| Recurring financial charges65 | €649 |
| Profit (loss) for the period before taxes9903 | -€19,414 |
| Profit (loss) for the period9904 | -€19,414 |
| Profit (loss) for the period to be appropriated9905 | -€19,414 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €70,822 | |
| Fixed assets21/28 | €10,734 | |
| Tangible fixed assets22/27 | €10,734 | |
| Plant, machinery and equipment23 | €10,734 | |
| Current assets29/58 | €60,088 | |
| Stocks and contracts in progress3 | €32,835 | |
| Stocks30/36 | €32,835 | |
| Amounts receivable within one year40/41 | €9,547 | |
| Trade receivables40 | €8,904 | |
| Other amounts receivable41 | €643 | |
| Cash at bank and in hand54/58 | €17,706 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €70,822 | |
| Equity10/15 | €10,586 | |
| Contributions10/11 | €30,000 | |
| Profit (loss) carried forward14 | -€19,414 | |
| Amounts payable17/49 | €60,236 | |
| Amounts payable within one year42/48 | €60,236 | |
| Trade debts44 | €5,139 | |
| Suppliers440/4 | €5,139 | |
| Taxes, remuneration and social security45 | €1,205 | |
| Taxes450/3 | €1,205 | |
| Other amounts payable47/48 | €53,892 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€19,414 |
| + Depreciation and write-downs630 | €3,578 |
| Operating cash flow (approximation) | -€15,836 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 177 companies had the same profile as ADAS Solution has now. Two years later, 91.5% were still going and 3.4% had gone bankrupt.
- Micro
- under 2 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
That fits the bankruptcy probability of ADAS Solution itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 177 companies, not a prediction for ADAS Solution. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-08-2026 | 2026-00500421 |
Board & ownership
Directors
Owners and capital
Shareholders
- SAHIN Oguz 100 shares (33.3%) · €10,000
- AÇAR Ufuk 100 shares (33.3%) · €10,000
- DOGAN Mehmet 100 shares (33.3%) · €10,000
Capital transactions
- 24-12-2024 Incorporation · €30,000 · 300 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DOGAN Mehmet |
|
| Oguz SAHIN |
|
| Ufuk ACAR |
|
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 24-12-2024 (in French)
Network & group
Connections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
27-10
Gazette deed
Registered office moved from Seraing to Saint-NicolasNew seat: Rue de la Prévoyance 47, 4420 Saint-Nicolas · Previous seat: Avenue de Douai 2, 4101 Seraing · Resignations: Ufuk ACAR (director) and Oguz SAHIN (director)5 points ▸
- General meeting, 29-09-2026
- Director resignation, Ufuk ACAR (director)
- Director resignation, Oguz SAHIN (director)
- Registered-office move, Rue de la Prévoyance 47,4420 Saint-Nicolas
- Director in office, Mehmet DOGAN (director)
24-12
Gazette deed
IncorporationStarting capital €30,000 · Appointments: SAHIN Oguz, AÇAR Ufuk and DOGAN Mehmet · Founder16 points ▸
- Founder, SAHIN Oguz
- Founder, AÇAR Ufuk
- Founder, DOGAN Mehmet
- Other provision, “actes juridiques constatés dans le présent acte, capacité des comparants” (deed in French)
- Other provision, “certification exactitude identité des comparants, registre national des personnes physiques” (deed in French)
- Incorporation, “ADAS Solution” (deed in French)
- Other provision, 19-12-2024
- Other provision, “avertissement responsabilité des fondateurs, faillite dans les trois ans de l’acquisition de la personnalité juridique” (deed in French)
- Founding capital, €30,000
- Other provision, “effectivité des dispositions finales, prises à l’unanimité par les comparants” (deed in French)
- Registered office clause, “4101 Seraing,Avenue de Douai 2” (deed in French)
- Board rule, 3, “assemblée” (deed in French)
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Avenue de Douai 2, 4101 Seraing until 01-10-2026 · act of 27-10-2026
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62058A0097/00A000 | Wallonia | 383 m² | 1 · 388 m² | 14.7 m · 4 |
| 62073B0845/00N006 | Wallonia | 148 m² | 1 · 43 m² | 7.9 m · 2 |