Bankrupt · Opening faillissement (CBE)

ADS Market

BE0505870341

Rechtspersoon Public limited company 1 establishment

ADS Market is a wholesaler in Antwerpen. Public Limited, started on 2 December 2014, 1 establishment.

Brusselstraat 51, 2018 Antwerpen

Behind the company: Dilman Mohammed Abdullah, Bestun Aziz Mohamed, Waleed Khalid Thanoon.

Start date

2 December 2014

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 1 of the last 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 1 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

ADS Market from Antwerpen, company number BE0505870341, closed financial year 2021 with a result of € -303,047 after tax. For that financial year ADS Market recorded a gross margin of € -172,668 and equity of € -207,775. 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 May 4, 2022.

What it is worth Caution

€ -207,775

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -303,047

Profit after tax over the fiscal year.

Cash in the bank

€ 3,289

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -269,775.

People and assets in 2021

Full-time equivalents

4.2

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 112,094

€ 26,700 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.

Debts at end 2021

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 442,781

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 72,039

Taxes, VAT and social contributions still to pay.

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What happened to ADS Market?

What happened at ADS Market in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

ADS Market is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2021: loss of € 303,047. filed late Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Dilman Mohammed Abdullah became a director. NBB
  • Bestun Aziz Mohamed became a director. NBB
  • Waleed Khalid Thanoon became a director. NBB
  • Start of the company according to the CBE. KBO

In short

Paid € 6,533 in corporate taxes since 2021.

Management

Dilman Mohammed Abdullah Bestun Aziz Mohamed Waleed Khalid Thanoon
ADS Market

Behind ADS Market are Dilman Mohammed Abdullah, Bestun Aziz Mohamed and Waleed Khalid Thanoon.

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Directors

According to the 2021 annual accounts

Dilman Mohammed Abdullah

Manager

since 2014

Bestun Aziz Mohamed

Manager

since 2014

Waleed Khalid Thanoon

Manager

since 2014

Establishments

Establishment units

Physical locations of this company

Registered office

Brusselstraat 51

2018 Antwerpen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0505.870.341
VAT number
BE 0505.870.341
Registered office
Brusselstraat 51, 2018 Antwerpen
Names & denominations
ADS Market
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
2 December 2014
Peppol
Not registered
Activities · NACE

Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen

Groothandel in vlees van wild en van gevogelte

Groothandel in tabaksproducten

Groothandel in dranken, algemeen assortiment

Groothandel in suiker, chocolade en suikerwerk

Niet-gespecialiseerde groothandel in diepgevroren voedingsmiddelen

Frequently asked questions

What does ADS Market do?
ADS Market is a wholesaler in Antwerpen. Public Limited, started on 2 December 2014, 1 establishment.
What is the address of ADS Market?
The registered office of ADS Market is located at Brusselstraat 51, 2018 Antwerpen.
Is ADS Market still active?
No. The CBE lists ADS Market with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is ADS Market registered on Peppol?
No, ADS Market is currently not registered on the Peppol network.
What is the enterprise number of ADS Market?
The enterprise number of ADS Market is BE0505870341.
When was ADS Market founded?
ADS Market was founded on 2 December 2014.