ADCOMM
InactiveADCOMM was declared bankrupt on 07-10-2021 (Ondernemingsrechtbank Gent, afdeling Oudenaarde); the bankruptcy was closed by liquidation by judgment of 24-01-2025, published in the Belgian State Gazette on 21-02-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 29-01-2021, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
2 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 21 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€32,361
2019 · €20,610
Total assets
€105,151▲ 70.2%
2019 · €61,767
Net result
-€52,971
2019 · €25,974
Working capital
-€66,895▼ 443%
2019 · -€12,325
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
Line20192020
Operating result€29,920--€48,935
Net result€25,974--€52,971
Equity€20,610--€32,361
Total assets€61,767-€105,151▲ 70.2%
Debt€41,157-€137,513▲ 234%
Working capital-€12,325--€66,895▼ 443%
Staff (FTE)1.7-3▲ 76.5%
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 2020: a loss of €48,935 after €29,920 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €105,151
Fixed assets
€57,954 ▲ 76.0%
Current assets
€47,198 ▲ 63.7%
Key figures and ratios
EBITDA
-€40,361▼
2019 · €37,856
Cash flow
-€44,397▼
2019 · €33,909
Solvency
-30.8%▼
2019 · 33.4%
Current ratio
0.41▼
2019 · 0.70
Quick ratio
0.38▼
2019 · 0.61
Debt to equity
-0.72
ROA
-50.4%▼
2019 · 42.1%
Debt ≤ 1 year
€114,092▲
2019 · €41,157
Debt > 1 year
€23,421
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,935 | €8,574 | ▲ 8.0% |
| Gross operating margin9900 | €129,114 | €125,143 | ▼ 3.1% |
| Operating profit (loss)9901 | €29,920 | -€48,935 | ▼ 264% |
| Recurring financial income75 | €557 | €395 | ▼ 29.1% |
| Recurring financial charges65 | €4,504 | €4,432 | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €25,974 | -€52,971 | ▼ 304% |
| Profit (loss) for the period9904 | €25,974 | -€52,971 | ▼ 304% |
| Profit (loss) for the period to be appropriated9905 | €25,974 | -€52,971 | ▼ 304% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61,767 | €105,151 | ▲ 70.2% |
| Fixed assets21/28 | €32,935 | €57,954 | ▲ 76.0% |
| Intangible fixed assets21 | €25,806 | €37,138 | ▲ 43.9% |
| Tangible fixed assets22/27 | €7,129 | €20,816 | ▲ 192% |
| Current assets29/58 | €28,832 | €47,198 | ▲ 63.7% |
| Stocks and contracts in progress3 | €3,661 | €3,661 | = |
| Amounts receivable within one year40/41 | €6,798 | €22,152 | ▲ 226% |
| Cash at bank and in hand54/58 | €13,353 | €18,317 | ▲ 37.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61,767 | €105,151 | ▲ 70.2% |
| Equity10/15 | €20,610 | -€32,361 | ▼ 257% |
| Contributions10/11 | €18,550 | - | - |
| Reserves13 | €2,060 | €1,855 | ▼ 9.9% |
| Profit (loss) carried forward14 | -€35,378 | -€52,766 | ▼ 49.2% |
| Amounts payable17/49 | €41,157 | €137,513 | ▲ 234% |
| Amounts payable after more than one year17 | - | €23,421 | - |
| Amounts payable within one year42/48 | €41,157 | €114,092 | ▲ 177% |
| Trade debts44 | €9,770 | €26,865 | ▲ 175% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €25,974 | -€52,971 | ▼ 304% |
| + Depreciation and write-downs630 | €7,935 | €8,574 | ▲ 8.0% |
| Operating cash flow (approximation) | €33,909 | -€44,397 | ▼ 231% |
| Investment in fixed assets (approximation) | - | -€33,593 | - |
| Change in cash | - | €4,964 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-02
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 24-01-2025
2021
14-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oudenaarde · event 07-10-2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
08-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
09-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2013
23-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2012
21-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2011
22-12
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalNBB filing
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.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JORIS DE SMET BRUUL 27, 9630 ZWALM- |
07-10-2021 → 24-01-2025 |