Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
91 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ADAM CONCEPT from Brussel, company number BE0707603518, closed financial year 2025 with a result of € -109 after tax. For that financial year ADAM CONCEPT recorded a gross margin of € 45,848 and equity of € -16,008. Compared with financial year 2024, the result moved from € -59,413 to € -109. 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 February 27, 2026.
€ -16,008
▼ € 109 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109
▲ 100 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,594
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,208.
People and assets in 2025
€ 16,975
▲ € 14,065 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 16,569
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 304
▼ 96% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 179,882 | - | - | |
| Gross margin | € 27,683 | € 82,465 | € -37,566 | € 45,848 | ▲ € 83,414 |
| Profit after taxes | € 17,197 | € 25,085 | € -59,413 | € -109 | ▲ € 59,304 |
| Equity | € 18,429 | € 43,515 | € -15,899 | € -16,008 | ▼ € 109 |
| Total debts | € 26,561 | € 8,486 | € 54,838 | € 40,576 | ▼ 26% |
| Cash | € 6,520 | € 16,591 | € 33,076 | € 7,594 | ▼ 77% |
| Retained profit | € 12,229 | € 37,315 | € -22,099 | € -22,208 | |
| Balance sheet total | € 44,990 | € 52,000 | € 38,940 | € 24,568 | ▼ 37% |
Key figures of ADAM CONCEPT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ADAM CONCEPT?
What happened at ADAM CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 109. Source: NBB ↗
- Moussa Cone became a director. NBB
- Khalid Asaidi became a director. NBB
- New establishment in Brussel. KBO
- Mehmet Demirel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 17,197 profit in 2022 to € 109 loss in 2025.
Paid € 22,729 in corporate taxes since 2022.
Best year ever: 2023, with € 25,085 profit.
Management
Behind ADAM CONCEPT are Mehmet Demirel, Khalid Asaidi and Moussa Cone.
Directors
According to the 2025 annual accounts
Mehmet Demirel
Director
since 2018
Khalid Asaidi
Director
since 2022
Moussa Cone
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Stalingradlaan 52
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 91 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0707.603.518
- VAT number
- BE 0707.603.518
- Registered office
- Stalingradlaan 52, 1000 Brussel
- Names & denominations
- ADAM CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2018
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
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