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ADEN

Open bankruptcy
Private limited company (pre-2019)founded 2016Sint-Benedictusstraat 27, 2640 Mortsel, BelgiumKBO/BCE: BE 0666.485.218

A bankruptcy procedure is open for ADEN according to publications in the Belgian State Gazette; curator: GUY VANHOUCKE.

Summary

The file additionally contains 1 administrative flag. The 2021 annual accounts show negative equity (-€22,069) and a net result of -€6,803.

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 Antwerp, Antwerp division
Declared bankrupt
17 June 2025
Supervising judge
Joris De Fre
Official Gazette
23-07-2025 (pdf) ↗search the document for 2025/132166

Deadlines

Provisional date payments stopped
17 June 2025A later judgment can change the date.art. XX.105 CEL
File the claim in RegSol until
passed on 17 July 2025art. XX.104 and XX.155 CEL
Appeal or third-party opposition until
passed on 7 August 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
First verification report
passed on 14 August 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 17 June 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Guy VanhouckeAnselmostraat 2, 2018 Antwerpen 1guy.vanhoucke@vanhoucke-law.be

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.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

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.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
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
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance

History

On 18 November 2016, ADEN was incorporated.1 Revenue went from EUR 196,321 in 2018 to EUR 27,731 in 2020.2 The company was declared bankrupt on 17 June 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 23-07-2025

Go further with this company

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

Financials · fiscal year 2021, micro schema

Turnover
€27,731▼ 68.8%
2019 · €88,869
EBIT margin
-75.2%=
2019 · -75.3%
Net result
-€6,803▲ 67.7%
2020 · -€21,088
Working capital
-€42,137▼ 15.0%
2020 · -€36,632
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
Line2018201920202021
Turnover€196,321-€88,869▼ 54.7%€27,731▼ 68.8%
Operating result€16,425--€66,892-€20,864▲ 68.8%-€6,628▲ 68.2%
Net result€4,179--€67,159-€21,088▲ 68.6%-€6,803▲ 67.7%
EBIT margin8.4%--75.3%▼ 83.6pp-75.2%=
Equity€71,481-€4,322▼ 94.0%-€16,767-€22,069▼ 31.6%
Total assets€215,304-€41,513▼ 80.7%€33,811▼ 18.6%€26,510▼ 21.6%
Debt€143,823-€37,192▼ 74.1%€50,577▲ 36.0%€48,579▼ 4.0%
Working capital€11,413--€24,282-€36,632▼ 50.9%-€42,137▼ 15.0%
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 2018: €16,425€16,425Net result 2018: €4,179€4,179Operating result 2019: -€66,892-€66,892Net result 2019: -€67,159-€67,159Operating result 2020: -€20,864-€20,864Net result 2020: -€21,088-€21,088Operating result 2021: -€6,628-€6,628Net result 2021: -€6,803-€6,8032018201920202021-€80,000-€60,000-€40,000-€20,000€0Operating result 2019: -€66,892-€66,900Net result 2019: -€67,159-€67,200Operating result 2020: -€20,864-€20,900Net result 2020: -€21,088-€21,100Operating result 2021: -€6,628-€6,630Net result 2021: -€6,803-€6,800201920202021
The operating result stays negative: a loss of €6,628 in 2021 against €20,864 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €26,510
Fixed assets €22,645 ▼ 12.5%
Current assets €3,865 ▼ 51.3%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€3,393▲
2020 · -€8,689
Cash flow
-€3,568▲
2020 · -€8,913
Solvency
-83.3%▼
2020 · -49.6%
Current ratio
0.08▼
2020 · 0.18
Debt to equity
-2.20▲
2020 · -3.02
ROA
-25.7%▲
2020 · -62.4%
Interest coverage
-19.42▲
2020 · -38.80
Debt ≤ 1 year
€46,001▲
2020 · €44,563
Debt > 1 year
€2,578▼
2020 · €6,015
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 · 2021 against 2020 · 39 lines
Balance sheet Code20202021
Assets
Total assets20/58€33,811€26,510▼
Fixed assets21/28€25,880€22,645▼
Tangible fixed assets22/27€25,880€22,645▼
Plant, machinery and equipment23€25,880€22,645▼
Current assets29/58€7,931€3,865▼
Amounts receivable within one year40/41€3,627€3,845▲
Other amounts receivable41€3,627€3,845▲
Cash at bank and in hand54/58€4,303€20▼
Equity and liabilities
Total equity and liabilities10/49€33,811€26,510▼
Equity10/15-€16,767-€22,069▼
Contributions10/11€6,200€7,700▲
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€24,827-€31,629▼
Amounts payable17/49€50,577€48,579▼
Amounts payable after more than one year17€6,015€2,578▼
Financial debts170/4€6,015€2,578▼
Amounts payable within one year42/48€44,563€46,001▲
Trade debts44€14,133€10,260▼
Suppliers440/4€14,133€10,260▼
Taxes, remuneration and social security45€12,771€10,886▼
Taxes450/3€320€320=
Remuneration and social security454/9€12,452€10,567▼
Other amounts payable47/48€17,658€24,855▲
Income statement Code20202021
Turnover70€27,731-
Goods, raw materials, services and sundry goods60/61€30,075€1,323▼
Remuneration, social security and pensions62€6,308-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,175€3,235▼
Other operating charges640/8€36€2,070▲
Gross operating margin9900-€2,344-€1,323▲
Operating profit (loss)9901-€20,864-€6,628▲
Financial charges65/66B€224€175▼
Recurring financial charges65€224€175▼
Profit (loss) for the period before taxes9903-€21,088-€6,803▲
Profit (loss) for the period9904-€21,088-€6,803▲
Profit (loss) for the period to be appropriated9905-€21,088-€6,803▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,827-€31,629▼
Profit (loss) brought forward from the previous period14P-€3,738-€24,827▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Turnover70€196,321€88,869€27,731--
Goods, raw materials, services and sundry goods60/61--€30,075€1,323▼ 95.6%
Remuneration, social security and pensions62--€6,308--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,101€34,902€12,175€3,235▼ 73.4%
Other operating charges640/8--€36€2,070▲ 5,582%
Gross operating margin9900€116,903€14,669-€2,344-€1,323▲ 43.6%
Operating profit (loss)9901€16,425-€66,892-€20,864-€6,628▲ 68.2%
Financial charges65/66B--€224€175▼ 22.0%
Recurring financial charges65€149€267€224€175▼ 22.0%
Profit (loss) for the period before taxes9903€16,276-€67,159-€21,088-€6,803▲ 67.7%
Income taxes67/77€12,097----
Profit (loss) for the period9904€4,179-€67,159-€21,088-€6,803▲ 67.7%
Profit (loss) for the period to be appropriated9905€4,179-€67,159-€21,088-€6,803▲ 67.7%
Line2018201920202021Change
Assets
Total assets20/58€215,304€41,513€33,811€26,510▼ 21.6%
Fixed assets21/28€72,957€38,055€25,880€22,645▼ 12.5%
Tangible fixed assets22/27€72,957€38,055€25,880€22,645▼ 12.5%
Plant, machinery and equipment23--€25,880€22,645▼ 12.5%
Current assets29/58€142,347€3,458€7,931€3,865▼ 51.3%
Amounts receivable within one year40/41€85,206€3,409€3,627€3,845▲ 6.0%
Other amounts receivable41--€3,627€3,845▲ 6.0%
Cash at bank and in hand54/58€57,141€49€4,303€20▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49€215,304€41,513€33,811€26,510▼ 21.6%
Equity10/15€71,481€4,322-€16,767-€22,069▼ 31.6%
Contributions10/11€6,200€6,200€6,200€7,700▲ 24.2%
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860=
Profit (loss) carried forward14€63,421-€3,738-€24,827-€31,629▼ 27.4%
Amounts payable17/49€143,823€37,192€50,577€48,579▼ 4.0%
Amounts payable after more than one year17€12,888€9,452€6,015€2,578▼ 57.1%
Financial debts170/4--€6,015€2,578▼ 57.1%
Amounts payable within one year42/48€130,935€27,740€44,563€46,001▲ 3.2%
Trade debts44€35,320€16,465€14,133€10,260▼ 27.4%
Suppliers440/4--€14,133€10,260▼ 27.4%
Taxes, remuneration and social security45--€12,771€10,886▼ 14.8%
Taxes450/3--€320€320=
Remuneration and social security454/9--€12,452€10,567▼ 15.1%
Other amounts payable47/48--€17,658€24,855▲ 40.8%
Line2018201920202021Change
Profit (loss) for the period9904€4,179-€67,159-€21,088-€6,803▲ 67.7%
+ Depreciation and write-downs630€24,101€34,902€12,175€3,235▼ 73.4%
Operating cash flow (approximation)€28,280-€32,258-€8,913-€3,568▲ 60.0%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash--€57,092€4,254-€4,284▼ 201%

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
23-07
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 17-06-2025
2024
26-04
KBO administration UBO non-compliance
event 15-04-2024
2023
23-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 235 days late
2022
10-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 283 days late
2021
18-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 171 days late
2020
10-02
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 194 days late
06-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 555 days late
2019
31-12
Financial Weakest financial yearnet -€67,159
Net result drops to -€67,159, the lowest in the series.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Mortsel · 1 establishment unit since 2016
seat establishment The establishment unit on the map
Ground area
457 m²
Building footprint
139 m²
Volume, LiDAR
983 m³
2 parcels, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Wolfsdonksesteenweg 101, 2230 Herselt
Agents in the wholesale of industrial machinery, ships and aircraft
since 20162.269.263.827
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11513C0226/00S002 Flanders 306 m² 1 · 90 m² 9.2 m · 3 fl.
13392M1015/00W000 Flanders 150 m² 1 · 49 m² 7.4 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 GUY VANHOUCKE
ANSELMOSTRAAT 2, 2018 ANTWERPEN 1
17-06-2025 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded18-11-2016
Fiscal year end31-12
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 28 September 2026 · Peppol Directory

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