ADEMOCOM
InactiveADEMOCOM was declared bankrupt on 26-01-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 17-02-2026, published in the Belgian State Gazette on 26-02-2026.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 08-06-2022, 312 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
312 d late
2019
87 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 200 days after 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
-€150,071
2019 · €19,381
Total assets
€404,762▼ 33.7%
2019 · €610,182
Net result
-€169,452▼ 24.1%
2019 · -€136,491
Working capital
-€212,004▼ 612%
2019 · -€29,785
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
Line201820192020
Operating result€169,677--€128,113-€156,162▼ 21.9%
Net result€120,133--€136,491-€169,452▼ 24.1%
Equity€155,872-€19,381▼ 87.6%-€150,071
Total assets€345,788-€610,182▲ 76.5%€404,762▼ 33.7%
Debt€189,916-€590,801▲ 211%€554,833▼ 6.1%
Working capital€16,550--€29,785-€212,004▼ 612%
Staff (FTE)4.6-7▲ 52.2%6.8▼ 2.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €156,162 in 2020 against €128,113 in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €404,736
Fixed assets
€121,034 ▼ 5.1%
Current assets
€283,702 ▼ 41.2%
Key figures and ratios
EBITDA
-€105,959▼
2019 · -€83,073
Cash flow
-€119,250▼
2019 · -€91,451
Solvency
-37.1%▼
2019 · 3.2%
Current ratio
0.57▼
2019 · 0.94
Debt to equity
-3.70▼
2019 · 4.00
ROA
-41.9%▼
2019 · -22.4%
Interest coverage
-8.04
Debt ≤ 1 year
€495,706▼
2019 · €512,002
Debt > 1 year
€57,957▼
2019 · €77,600
Income taxes
€117▼
2019 · €2,339
Staff costs
€303,882
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €303,882 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,861 | €45,041 | €50,203 | ▲ 11.5% |
| Other operating charges640/8 | - | - | €13,432 | - |
| Gross operating margin9900 | €438,745 | €298,739 | €211,355 | ▼ 29.3% |
| Operating profit (loss)9901 | €169,677 | -€128,113 | -€156,162 | ▼ 21.9% |
| Financial income75/76B | - | - | €2 | - |
| Recurring financial income75 | €351 | €126 | €2 | ▼ 98.6% |
| Financial charges65/66B | - | - | €13,175 | - |
| Recurring financial charges65 | €4,112 | €6,164 | €13,175 | ▲ 114% |
| Profit (loss) for the period before taxes9903 | €165,915 | -€134,152 | -€169,335 | ▼ 26.2% |
| Income taxes67/77 | €45,782 | €2,339 | €117 | ▼ 95.0% |
| Profit (loss) for the period9904 | €120,133 | -€136,491 | -€169,452 | ▼ 24.1% |
| Profit (loss) for the period to be appropriated9905 | €120,133 | -€136,491 | -€169,452 | ▼ 24.1% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €345,788 | €610,182 | €404,762 | ▼ 33.7% |
| Formation expenses20 | €754 | €390 | €26 | ▼ 93.4% |
| Fixed assets21/28 | €139,387 | €127,575 | €121,034 | ▼ 5.1% |
| Tangible fixed assets22/27 | €139,287 | €127,475 | €120,934 | ▼ 5.1% |
| Plant, machinery and equipment23 | - | - | €77,718 | - |
| Furniture and vehicles24 | - | - | €43,216 | - |
| Financial fixed assets28 | €100 | €100 | €100 | = |
| Current assets29/58 | €205,647 | €482,217 | €283,702 | ▼ 41.2% |
| Amounts receivable within one year40/41 | €186,308 | €387,568 | €257,966 | ▼ 33.4% |
| Trade receivables40 | - | - | €204,167 | - |
| Other amounts receivable41 | - | - | €53,799 | - |
| Cash at bank and in hand54/58 | €17,945 | €87,065 | €8,824 | ▼ 89.9% |
| Deferred charges and accrued income490/1 | - | - | €16,913 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €345,788 | €610,182 | €404,762 | ▼ 33.7% |
| Equity10/15 | €155,872 | €19,381 | -€150,071 | ▼ 874% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | €6,200 | - |
| Issued capital100 | - | - | €18,600 | - |
| Uncalled capital101 | - | - | €12,400 | - |
| Reserves13 | €149,672 | €149,672 | €149,672 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | €1,860 | - |
| Distributable reserves133 | - | - | €147,812 | - |
| Profit (loss) carried forward14 | €12,066 | -€136,491 | -€305,944 | ▼ 124% |
| Amounts payable17/49 | €189,916 | €590,801 | €554,833 | ▼ 6.1% |
| Amounts payable after more than one year17 | - | €77,600 | €57,957 | ▼ 25.3% |
| Financial debts170/4 | - | - | €57,957 | - |
| Amounts payable within one year42/48 | €189,097 | €512,002 | €495,706 | ▼ 3.2% |
| Current portion of amounts payable after more than one year42 | - | - | €28,638 | - |
| Financial debts43 | - | - | €100,000 | - |
| Credit institutions430/8 | - | - | €100,000 | - |
| Trade debts44 | €55,702 | €251,202 | €256,415 | ▲ 2.1% |
| Suppliers440/4 | - | - | €256,415 | - |
| Taxes, remuneration and social security45 | - | - | €57,044 | - |
| Taxes450/3 | - | - | €273 | - |
| Remuneration and social security454/9 | - | - | €56,771 | - |
| Other amounts payable47/48 | - | - | €53,608 | - |
| Accrued charges and deferred income492/3 | - | - | €1,171 | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €120,133 | -€136,491 | -€169,452 | ▼ 24.1% |
| + Depreciation and write-downs630 | €42,861 | €45,041 | €50,203 | ▲ 11.5% |
| Operating cash flow (approximation) | €162,994 | -€91,451 | -€119,250 | ▼ 30.4% |
| Investment in fixed assets (approximation) | - | -€33,229 | -€43,661 | ▼ 31.4% |
| Change in cash | - | €69,121 | -€78,242 | ▼ 213% |
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
2026
26-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-02-2026
2023
07-02
Judicial reorganisation
Plan approval refused
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 01-02-2023
01-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 26-01-2023
2022
08-11
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collective agreement · event 02-11-2022
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 312 days late
2020
31-12
Financial
Weakest financial yearnet -€169,452
Net result drops to -€169,452, the lowest in the series.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | DAVID ANNé VAN IMMERSEELSTRAAT 66,
2018 ANTWERPEN 1 |
26-01-2023 → 17-02-2026 |