Active · per the CBE, 16 September 2026

ADAM CONCEPT

BE0707603518

Rechtspersoon Private limited company 1 establishment

ADAM CONCEPT is a bus operator in Brussel. Private Limited, started on 1 October 2018, 1 establishment.

Stalingradlaan 52, 1000 Brussel

Behind the company: Mehmet Demirel, Khalid Asaidi, Moussa Cone.

Active for

7 year, 11 months

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 2 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    98 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.

What it is worth Caution

€ -16,008

▼ € 109 vs 2024

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

Loss Caution

€ -109

▲ 100 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,594

▼ 77% vs 2024

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 € -22,208.

People and assets in 2025

Vehicles and equipment

€ 16,975

▲ € 14,065 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 16,569

▼ 10% vs 2024

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

Taxes

€ 304

▼ 96% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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

Mehmet Demirel Khalid Asaidi Moussa Cone
ADAM CONCEPT

Behind ADAM CONCEPT are Mehmet Demirel, Khalid Asaidi and Moussa Cone.

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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

Registered office

Stalingradlaan 52

1000 Brussel

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

Personenvervoer over de weg volgens dienstregeling

Personenvervoer over de weg zonder dienstregeling

Diensten voor personenvervoer op aanvraag per voertuig met chauffeur

Overig personenvervoer te land, n.e.g.

Frequently asked questions

What does ADAM CONCEPT do?
ADAM CONCEPT is a bus operator in Brussel. Private Limited, started on 1 October 2018, 1 establishment.
What is the address of ADAM CONCEPT?
The registered office of ADAM CONCEPT is located at Stalingradlaan 52, 1000 Brussel.
Is ADAM CONCEPT still active?
Yes. According to the CBE (16 September 2026) ADAM CONCEPT is active, legal situation “Normale toestand”, started on 1 October 2018.
Is ADAM CONCEPT registered on Peppol?
Yes, ADAM CONCEPT is registered on the Peppol network with ID 0208:0707603518.
What is the enterprise number of ADAM CONCEPT?
The enterprise number of ADAM CONCEPT is BE0707603518.
When was ADAM CONCEPT founded?
ADAM CONCEPT was founded on 1 October 2018.