Equity
-€567,750
Debts exceed assets in financial year 2025.
ADICAR
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €16.6m (2006)
-not published
lowest -€460,408 (2021)
€14,415▲ €91,067
peak €5.2m (2006)
-€567,750▲ €14,415
€595,688▲ 0.2%
peak 5.4 FTE (2014)
-not published
Board5 names since 2013
4 directors and 3 others
Owners2 names in the annual accounts
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from -€5,916 to €15,980Back to profit: €14,4152 directors reappointed 24-10Cash from €1,081 to €3,004
Key points
from the 2025 annual accountsResult
€14,415 €14,415
Back in profit in 2025, after a loss of €76,652 in 2024.
Turnover
≈ €260,000 estimated
The accounts state no turnover.
Debts
€595,688 2,132% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Board
1 joined · 1 left
Board changed. Latest change 21-05-2026 · 3 in office.
Position in the sector
-2032.2%
Lower solvency than 95% of companies in retail trade. Sector median 33.4% · 25,237 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as ADICAR has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,794 companies, not a prediction for ADICAR. 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.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director, since 21-05-2026
Director,
- consolidatesannual accounts 2014
Recent changes
Appointment: (director)
Resignation: (director) · General meeting of 01-06-2026 · Gazette deed
2 directors reappointed
(managing director) and · Permanent representatives: and · General meeting of 31-07-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453121048
Registered office moved from De Panne to Koksijde
New registered office: Grensstraat 2, 8670 Koksijde · Previous registered office: Duinkerkekeiweg 1, 8660 De Panne · Board meeting of 01-01-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADICAR Koksijde | €27,938 | €15,980 | -2032.2% | - |
| GARDEN Antwerp | €30,685 | €12,009 | 100.0% | - |
| XURRO Ypres | €49,655 | €29,658 | -76.5% | - |
| DE LINDE Middelkerke | €61,770 | €13,711 | 17.2% | - |
| GETOUS Jodoigne | €18,096 | €10,565 | -282.8% | - |
| DRANKCENTRALE NEVEJAN Poperinge | €9,597 | €22,115 | -1766.0% | - |
| Suppecom Duffel | €68,418 | €18,783 | 68.9% | - |
These companies have the same main activity as ADICAR: retail sale of beverages, general range (NACE 47252). They are comparable in size and age: total assets between €9,600 and €68,400, founded between 1989 and 2004.
Official details
Source: KBO- Status
- Active since 14-07-1994Normal situation
- Activity
- Retail sale of beverages, general rangeNACE 47252and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2024
- Establishment unit
- 2.068.551.8238670 Koksijde, since 10-10-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 15-05-2025
Annual accounts 2025
- €27,938▲ 124%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on ADICAR
ADICAR has existed since 1994. Turnover fell from €14.3m in 2015 to €4.9m in 2017.
Solvency rose in 2025 from -4663.8% to -2032.2% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ADICAR
- What is the company number of ADICAR?
- The company number of ADICAR is 0453.121.048. The VAT number is the same number with BE in front: BE 0453.121.048.
- Where is ADICAR based?
- The registered office is at Grensstraat 2, 8670 Koksijde.Company details
- What does ADICAR do?
- According to the KBO register, the main activity is retail sale of beverages, general range (NACE 47252).
- What is the legal form of ADICAR?
- ADICAR is a public limited company (NV).
- When was ADICAR founded?
- ADICAR was founded on 14-07-1994.
- Is ADICAR still active?
- Yes, ADICAR is an active enterprise in the KBO register.
- How many employees does ADICAR have?
- ADICAR had an average of 2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does ADICAR fall under?
- In its 2024 annual accounts, ADICAR states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ADICAR?
- The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €15,980 and 93 comparable companies (NACE 472). It probably lies between €120,000 and €530,000. It is a rough estimate.
- Is ADICAR profitable?
- In financial year 2025, ADICAR made a profit of €14,415.
- Where can I find the annual accounts of ADICAR?
- ADICAR filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADICAR due?
- ADICAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.