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Addardae

Active
Private limited company (pre-2019)· 11 yrs active
Weggestraat 1 ·2170 Antwerpen, Belgium
KBO/BCE: BE 0630.923.830
Watch Print / PDF
Age11 yrs
Real estate1 parcel · 107 m²

Summary

Conclusion

the dossier summarised in one paragraph

The KBO register records legal situation 050 for Addardae (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-5k) and a net result of €-2k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Signals

Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2020, that is 31-07-2021.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 27-09-2022 423 d late 2022-20436258
31-12-2019 31-07-2020 17-09-2020 48 d late 2020-54300307
31-12-2018 31-07-2019 26-09-2019 57 d late 2019-66700321
31-12-2016 31-07-2017 28-09-2017 59 d late 2017-64200397

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

1 signal
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.

Administrative Flags

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-2k+91.7%
Working capital€-5k-41.9%

Annual accounts & ratios

Source: NBB · 2020
Annual accounts filed on 27-09-2022 with the NBB · fiscal year 2020 · micro
€-30k€-20k€-10k€0Operating result 2018: €-9k€-9kNet result 2018: €-22k€-22kOperating result 2019: €3k€3kNet result 2019: €-19k€-19kOperating result 2020: €-2k€-2kNet result 2020: €-2k€-2k201820192020
Operating resultNet result
Net profit
€-2k
+91.7% 18-20
Total assets
€3k
-3.3% 18-20
Equity
€-5k
-41.9% 18-20
Working capital
€-5k
-41.9% 18-20
Debt
€8k
+21.9% 18-20
Debt ≤ 1y
€8k
+21.9% 18-20
Current ratio
0.35
-20.7% 18-20
Quick ratio
0.35
-20.7% 18-20
Show 4 other metrics
Solvency
-185.5%
-46.7% 18-20
Debt / equity
-1.54
- 18-20
ROE
29.5%
-94.2% 18-20
ROA
-54.7%
+91.5% 18-20
Figures by fiscal year
Fiscal year2020
Depositmicro
Revenue-
EBITDA-
Net profit€-2k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€3k
Equity€-5k
Debt€8k
of which ≤ 1y€8k
of which > 1y-
Working capital€-5k
Employees (FTE)-
Ratios (computed)
2020
Current ratio0.35
Quick ratio0.35
Working capital ratio-185.5%
Solvency-185.5%
Debt / equity-1.54
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-54.7%
ROE29.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (15 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€3k
Current assets 29/58€3k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€3k
Equity 10/15€-5k
Contributions / capital 10/11€16k
Accumulated profits (losses) 14€-21k
Amounts payable 17/49€8k
Amounts payable within one year 42/48€8k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€-2k
Operating result 9901€-2k
Result before taxes 9903€-2k
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2020 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Weggestraat 12170 Antwerpen

Establishment units

1 location
Addardae
Weggestraat 1, 2170 AntwerpenCafés en bars
since 20152.242.443.327
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area107 m²
Buildings1
Building footprint60 m²
Volume (LiDAR)759 m³
Tallest building13.1 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
11422C0194/00C007 Flanders 107 m² 1 · 60 m² 13.1 m · 4 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

5 of 5 axes measured
Health0Profitability100Solvency33Growth78Stability0
42 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 100
Solvency 33
Growth 78
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL Addardae
Registered office
Weggestraat 1
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.