Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
AUTO ECOLE ADAM from Marche-en-Famenne, company number BE0418970120, closed financial year 2024 with a result of € -920 after tax. For that financial year AUTO ECOLE ADAM recorded a gross margin of € 568,154 and equity of € -148,553. Compared with financial year 2023, the result moved from € 65,076 to € -920. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ -148,553
▼ € 920 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -920
▼ still € 65,076 profit in 2023
Profit after tax over the fiscal year.
€ 3,643
▼ 58% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -167,145.
People and assets in 2024
10.8
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 505,387
▼ 9% vs 2023
€ 46,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 92,906
▲ 16% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 358,907
▼ 8% vs 2023
€ 35,502 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 79,903
▲ 8% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 103,882
▼ 11% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 499,196 | € 473,951 | € 710,405 | € 568,154 | ▼ 20% |
| Profit after taxes | € -45,297 | € -148,421 | € 65,076 | € -920 | ▼ € 65,997 |
| Equity | € -64,288 | € -212,709 | € -147,633 | € -148,553 | ▼ € 920 |
| Total debts | € 598,926 | € 673,777 | € 643,563 | € 637,148 | ▼ 1% |
| Cash | € 15,765 | € 34,052 | € 8,668 | € 3,643 | ▼ 58% |
| Land & buildings | € 10,089 | € 10,089 | € 10,089 | € 10,089 | |
| Retained profit | € -82,880 | € -231,301 | € -166,225 | € -167,145 | ▼ € 920 |
| Bank debt | € 376,224 | € 314,599 | € 390,583 | € 358,907 | ▼ 8% |
| Balance sheet total | € 534,638 | € 461,068 | € 495,931 | € 488,595 | ▼ 1% |
| Employees (FTE) | 11.2 | 12.1 | 10.7 | 10.8 | ▲ 0.1 |
Key figures of AUTO ECOLE ADAM, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to AUTO ECOLE ADAM?
What happened at AUTO ECOLE ADAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 920 (▼ € 65,997 vs 2023). filed late Source: NBB ↗
- New establishment in Bastogne. KBO
- New establishment in Libramont-Chevigny. KBO
- New establishment in Fontaine-l'Evêque. KBO
- New establishment in Rochefort. KBO
- New establishment in Marche-en-Famenne. KBO
- New establishment in Durbuy. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,297 loss in 2021 to € 920 loss in 2024.
Paid € 1,125 in corporate taxes since 2021.
Best year ever: 2023, with € 65,076 profit.
On average € 52,600 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind AUTO ECOLE ADAM are Emmanuel BARATTUCCI, Nicola BARATTUCCI, David BARATTUCCI and d'Eletto CONCETTA. The shares are held by NICO HOLDING (98.9%).
Directors
According to the 2024 annual accounts
Emmanuel BARATTUCCI
Director
Nicola BARATTUCCI
Managing director
David BARATTUCCI
Director
d'Eletto CONCETTA
Managing director
Shareholders
98.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marche, Avenue de France 7
6900 Marche-en-Famenne
Place Roi Albert Ier 13
5580 Rochefort
Active since 1 January 1979
Route de Bomal 5
6940 Durbuy
Active since 1 January 1979
Libramont,Rue du Serpont 1
6800 Libramont-Chevigny
Active since 1 March 2016
Rue des Crocheux(F-E) 5
6140 Fontaine-l'Evêque
Active since 1 January 2014
Rue Pierre-Thomas 5
6600 Bastogne
Active since 16 June 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.970.120
- VAT number
- BE 0418.970.120
- Registered office
- Marche, Avenue de France 7, 6900 Marche-en-Famenne
- Names & denominations
- AUTO ECOLE ADAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 December 1978
- Peppol
- Active · Active since 9 Apr 2025
- Contact
- [email protected]
- Activities · NACE
Autorijscholen
Activiteiten van auto- en motorrijscholen
Personenvervoer over de weg zonder dienstregeling
Overig vervoer van personen te land
Overig personenvervoer te land, n.e.g.