Debts
€192,350 82% of the balance sheet
Financial debts 13%Suppliers 13%Taxes and wages 4%Other 70%
Of this, €167,350 falls due within a year.
AUTO ADAM
Lifetime
13 annual accounts with figures on one time axispeak €79,145 (2019)
€25,259▼ 4.9%
lowest -€8,228 (2020)
€2,098▲ €2,585
peak €42,370 (2024)
€42,370▲ 5.2%
€192,350▼ 17.8%
peak 3.8 FTE (2020)
-not published
Board2 names since 2012
1 directorARABI ETER AFIF
Documentsfilings and deeds
01-10-202562 days late
2024micro format
Back to profit: €2,098Debts from €233,950 to €192,350
Key points
from the 2024 annual accountsChecked score
31
Weak
Financially stronger than 32% of micro companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.7%
01-2025: 5.7%● unchanged vs 12-2024
02-2025: 5.7%● unchanged vs 01-2025
03-2025: 5.7%● unchanged vs 02-2025
04-2025: 5.9%▲ +0.2 percentage points vs 03-2025
05-2025: 6.3%▲ +0.4 percentage points vs 04-2025
06-2025: 6.1%▼ -0.2 percentage points vs 05-2025
07-2025: 5.8%▼ -0.3 percentage points vs 06-2025
08-2025: 6.8%▲ +1.0 percentage point vs 07-2025
09-2025: 8.0%▲ +1.2 percentage points vs 08-2025
10-2025: 11.9%▲ +3.9 percentage points vs 09-2025highest value
11-2025: 2.3%▼ -9.6 percentage points vs 10-2025lowest value
12-2025: 4.6%▲ +2.3 percentage points vs 11-2025
01-2026: 4.6%● unchanged vs 12-2025
02-2026: 4.6%● unchanged vs 01-2026
03-2026: 4.5%▼ -0.1 percentage points vs 02-2026
04-2026: 4.8%▲ +0.3 percentage points vs 03-2026
05-2026: 5.2%▲ +0.4 percentage points vs 04-2026
06-2026: 5.0%▼ -0.2 percentage points vs 05-2026
07-2026: 5.1%▲ +0.1 percentage points vs 06-2026
08-2026: 5.8%▲ +0.7 percentage points vs 07-2026
09-2026: 6.9%▲ +1.1 percentage points vs 08-2026
10-2026: 10.0%▲ +3.1 percentage points vs 09-2026
11-2026: 10.0%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Figures for financial year 2024 (filed on 02-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 62 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.02, cash €1,599
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 34% of them on solvency, 13% on liquidity, 30% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as AUTO ADAM has now. Each dot stands for 12 companies, two years later.
96.9%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AUTO ADAM itself is higher: 10.0% within 12 months. It rests on far more data about AUTO ADAM than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,508 companies, not a prediction for AUTO ADAM. 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 of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.02 (0.99 in 2023), below the usual 1.5. Short-term debt is 71.3% and cash 0.7% of total assets. 81.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 62 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
62 days late
2023
78 days late
2022
70 days late
2021
23 days late
2020
29 days early
2019
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 6 accounts on average 34 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
Recent changes
Registered office moved from Wavre to Koekelberg
Transfer of shares from ARABI ETER AFIF to BOU KHAIR GEORGE · New registered office: Rue JULES DEBECKER 74A, 1081 KOEKELBERG · Previous registered office: RUE DE GENVAL 50, 1301 WAVRE · General meeting of 13-11-2025 · Gazette deed
Registered office moved from Grez-Doiceau to Wavre
New registered office: Rue de Genval 50, 1301 Wavre (Section de Bierges) · Previous registered office: Chaussée de Wavre 504 bte 23B à 1390 Grez-Doiceau · Change of role: ARABI ETER Afif, from manager to director · General meeting of 16-10-2023 · Gazette deed
Registered office moved within Grez-Doiceau
New registered office: Chaussée de Wavre 504 bte 23B à 1390 Grez-Doiceau · Previous registered office: Chaussée de Wavre 455, 1390 GREZ-DOICEAU · Arabi Eter, Afif is a shareholder · General meeting of 04-03-2022 · Gazette deed
New manager
ARABI ETER AFIF appointed, ARABI ETER WAEL resigned · General meeting of 31-12-2017 · Gazette deed
Official details
Source: KBO- Status
- Active since 03-05-2012Normal situation
- Activity
- “La vente,la location,l’importation et l’exportation,la réparation de véhicules d’occasion,de toutes pièces détachées et accessoires…” (deed in French)From the articlesNo NACE code in the KBO yet
- Establishment units
- 2.213.619.7761301 Wavre, since 29-10-2012
- 2.246.600.5681390 Grez-Doiceau, since 15-09-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on AUTO ADAM
AUTO ADAM files the micro format. That format states no turnover. The gross margin rose from -€2,188 in 2012 to €25,259 in 2024.
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 AUTO ADAM
- What is the company number of AUTO ADAM?
- The company number of AUTO ADAM is 0845.659.559. The VAT number is the same number with BE in front: BE 0845.659.559.
- Where is AUTO ADAM based?
- The registered office is at Jules Debeckerstraat 74A, 1081 Koekelberg.Company details
- What is the legal form of AUTO ADAM?
- AUTO ADAM is a private limited company (BV).
- When was AUTO ADAM founded?
- AUTO ADAM was founded on 03-05-2012.
- Is AUTO ADAM still active?
- Yes, AUTO ADAM is an active enterprise in the KBO register.
- How many employees does AUTO ADAM have?
- AUTO ADAM had an average of 0.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of AUTO ADAM?
- The turnover in financial year 2024 is ≈ €100,000. This figure is estimated from the gross margin of €25,259 and 2,934 comparable companies of the same size. It probably lies between €61,000 and €180,000. It is a rough estimate.
- Is AUTO ADAM profitable?
- In financial year 2024, AUTO ADAM made a profit of €2,098.
- Where can I find the annual accounts of AUTO ADAM?
- AUTO ADAM filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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