ASDAD
Dissolution or liquidationSummary
ASDAD was declared bankrupt; according to the publications in the Belgian State Gazette the procedure is no longer open (latest notice 25-06-2026). The KBO register records for ASDAD the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €27,536 and a net result of €2,576.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-08-2024, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
29 d late
2022
29 d late
2021
30 d late
2020
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date How is the Retail sale of meat and meat products, excluding game and poultry sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€27,536▼ 21.2%
2022 · €34,960
Total assets
€51,664▼ 21.3%
2022 · €65,683
Net result
€2,576▼ 69.9%
2022 · €8,563
Working capital
€16,228▼ 31.9%
2022 · €23,815
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
Line2020202120222023
Operating result€17,833-€16,711▼ 6.3%€18,987▲ 13.6%€11,073▼ 41.7%
Net result€12,033-€9,364▼ 22.2%€8,563▼ 8.6%€2,576▼ 69.9%
Equity€17,033-€26,397▲ 55.0%€34,960▲ 32.4%€27,536▼ 21.2%
Total assets€24,235-€64,313▲ 165%€65,683▲ 2.1%€51,664▼ 21.3%
Debt€7,202-€37,915▲ 426%€30,723▼ 19.0%€24,127▼ 21.5%
Working capital€4,738-€16,469▲ 248%€23,815▲ 44.6%€16,228▼ 31.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 42% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €51,664
Fixed assets
€11,783 ▼ 5.1%
Current assets
€39,881 ▼ 25.1%
Equity and liabilities €51,664
Equity
€27,536 ▼ 21.2%
Debt
€24,127 ▼ 21.5%
Debt's share of the balance-sheet total falls from 46.8% to 46.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14,746▼
2022 · €21,724
Cash flow
€6,250▼
2022 · €11,300
Current ratio
1.69▼
2022 · 1.81
Debt to equity
0.88▼
2022 · 0.88
ROE
9.4%▼
2022 · 24.5%
ROA
5.0%▼
2022 · 13.0%
Interest coverage
3.15▼
2022 · 4.26
Debt ≤ 1 year
€23,652▼
2022 · €29,448
Income taxes
€3,816▼
2022 · €5,488
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,649 | €2,296 | €2,738 | €3,673 | ▲ 34.2% |
| Other operating charges640/8 | - | €1,120 | €337 | €491 | ▲ 45.6% |
| Gross operating margin9900 | €21,798 | €20,127 | €22,062 | €15,237 | ▼ 30.9% |
| Operating profit (loss)9901 | €17,833 | €16,711 | €18,987 | €11,073 | ▼ 41.7% |
| Financial income75/76B | - | €33 | €168 | €0 | ▼ 100.0% |
| Recurring financial income75 | - | €33 | €168 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | €1,100 | €5,104 | €4,680 | ▼ 8.3% |
| Recurring financial charges65 | €1,462 | €1,100 | €5,104 | €4,680 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | €16,371 | €15,645 | €14,051 | €6,392 | ▼ 54.5% |
| Income taxes67/77 | €4,338 | €6,280 | €5,488 | €3,816 | ▼ 30.5% |
| Profit (loss) for the period9904 | €12,033 | €9,364 | €8,563 | €2,576 | ▼ 69.9% |
| Profit (loss) for the period to be appropriated9905 | €12,033 | €9,364 | €8,563 | €2,576 | ▼ 69.9% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €24,235 | €64,313 | €65,683 | €51,664 | ▼ 21.3% |
| Fixed assets21/28 | €12,333 | €10,038 | €12,420 | €11,783 | ▼ 5.1% |
| Tangible fixed assets22/27 | €10,833 | €8,538 | €10,920 | €10,283 | ▼ 5.8% |
| Plant, machinery and equipment23 | - | - | - | €1,632 | - |
| Furniture and vehicles24 | - | €8,538 | €10,920 | €8,651 | ▼ 20.8% |
| Financial fixed assets28 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Current assets29/58 | €11,902 | €54,275 | €53,263 | €39,881 | ▼ 25.1% |
| Amounts receivable within one year40/41 | €575 | €37,695 | €39,159 | €21,727 | ▼ 44.5% |
| Trade receivables40 | - | €36,219 | €33,085 | €19,150 | ▼ 42.1% |
| Other amounts receivable41 | - | €1,476 | €6,074 | €2,577 | ▼ 57.6% |
| Cash at bank and in hand54/58 | €10,129 | €15,331 | €10,808 | €15,897 | ▲ 47.1% |
| Deferred charges and accrued income490/1 | - | €1,249 | €3,296 | €2,257 | ▼ 31.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €24,235 | €64,313 | €65,683 | €51,664 | ▼ 21.3% |
| Equity10/15 | €17,033 | €26,397 | €34,960 | €27,536 | ▼ 21.2% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €12,033 | €21,397 | €29,960 | €22,536 | ▼ 24.8% |
| Distributable reserves133 | - | €21,397 | €29,960 | €22,536 | ▼ 24.8% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €7,202 | €37,915 | €30,723 | €24,127 | ▼ 21.5% |
| Amounts payable within one year42/48 | €7,163 | €37,806 | €29,448 | €23,652 | ▼ 19.7% |
| Trade debts44 | €843 | €27,072 | €19,114 | €7,470 | ▼ 60.9% |
| Suppliers440/4 | - | €27,072 | €19,114 | €7,470 | ▼ 60.9% |
| Taxes, remuneration and social security45 | - | €10,734 | €10,334 | €16,183 | ▲ 56.6% |
| Taxes450/3 | - | €10,734 | €10,334 | €16,183 | ▲ 56.6% |
| Other amounts payable47/48 | - | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €109 | €1,275 | €475 | ▼ 62.7% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,033 | €9,364 | €8,563 | €2,576 | ▼ 69.9% |
| + Depreciation and write-downs630 | €3,649 | €2,296 | €2,738 | €3,673 | ▲ 34.2% |
| Operating cash flow (approximation) | €15,683 | €11,660 | €11,300 | €6,250 | ▼ 44.7% |
| Investment in fixed assets (approximation) | - | €0 | -€5,120 | -€3,037 | ▲ 40.7% |
| Change in cash | - | €5,201 | -€4,523 | €5,089 | ▲ 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
25-06
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Gent, afdeling Oostende
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €2,576 ▼69.9%
Net result drops to €2,576, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Middelkerke · 1 establishment unit since 2019
Ground area
181 m²
Building footprint
181 m²
Volume, LiDAR
3,852 m³
Parcel 35011B0180/00B076, Flanders · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ASDAD
since 20192.291.459.902
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35011B0180/00B076 | Flanders | 181 m² | 1 · 181 m² | 32.2 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,144 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730895988
Also
9925:BE0730895988
Registered
21-06-2026
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.