Bankrupt · Opening faillissement (CBE)

Adoration

BE0732623479

Rechtspersoon Private limited company 1 establishment

Adoration is a wholesaler in Hasselt. Private Limited, started on 14 August 2019, 1 establishment.

Sint-Truidersteenweg 512, 3500 Hasselt

Behind the company: Laurent Moors, Reinhilde Herlitska.

Start date

14 August 2019

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 3 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Adoration from Hasselt, company number BE0732623479, closed financial year 2023 with a result of € -133,867 after tax. For that financial year Adoration recorded a gross margin of € -36,725 and equity of € 45,411. Compared with financial year 2022, the result moved from € -90,032 to € -133,867. The company made a loss. The buffer shrank hard: equity is 75 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2024.

What it is worth Shrank hard

€ 45,411

▼ 75% vs 2022

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

Loss Caution

€ -133,867

▼ 49 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 7,041

▲ 166% vs 2022

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 € 5,191.

People and assets in 2023

Full-time equivalents

1.8

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

Wage cost

€ 54,627

▲ 28% vs 2022

€ 30,300 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 2023

Bank debt ≈ 2 years to go

€ 132,909

▲ 9% vs 2022

€ 20,320 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 53,388

▲ 65% vs 2022

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

Taxes and wages

€ 49,912

▲ € 39,417 vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € -19,943 € -29,605 € -36,725 ▼ € 7,121
Profit after taxes € 252,324 € -90,032 € -133,867 ▼ € 43,835
Equity € 229,091 € 179,279 € 45,411 ▼ 75%
Total debts € 247,305 € 265,313 € 383,264 ▲ 44%
Cash € 13,740 € 2,646 € 7,041 ▲ 166%
Land & buildings € 82,184 € 74,539 € 65,188 ▼ 13%
Retained profit € 189,091 € 139,059 € 5,191 ▼ 96%
Bank debt € 92,253 € 121,477 € 132,909 ▲ 9%
Balance sheet total € 476,396 € 444,592 € 428,676 ▼ 4%
Employees (FTE) - - 1.8

Key figures of Adoration, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Adoration?

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

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

  • New annual accounts for financial year 2023: loss of € 133,867. Source: NBB ↗
  • Laurent Moors became a director. NBB
  • New establishment in Hasselt. KBO
  • Reinhilde Herlitska became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 252,324 profit in 2021 to € 133,867 loss in 2023.

Best year ever: 2021, with € 252,324 profit.

Management

Laurent Moors Reinhilde Herlitska
Adoration

Behind Adoration are Laurent Moors and Reinhilde Herlitska.

See the full network in the app

Directors

According to the 2023 annual accounts

Laurent Moors

Director

since 2019

Reinhilde Herlitska

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Sint-Truidersteenweg 512

3500 Hasselt

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

Details

Company number
0732.623.479
VAT number
BE 0732.623.479
Registered office
Sint-Truidersteenweg 512, 3500 Hasselt
Names & denominations
Adoration
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 August 2019
Peppol
Not registered
Activities · NACE

Groothandel in kleding, met uitzondering van werk- en onderkleding

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Reparatie en onderhoud van consumentenartikelen, neg

Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren

Overige zakelijke dienstverlening, neg

Holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does Adoration do?
Adoration is a wholesaler in Hasselt. Private Limited, started on 14 August 2019, 1 establishment.
What is the address of Adoration?
The registered office of Adoration is located at Sint-Truidersteenweg 512, 3500 Hasselt.
Is Adoration still active?
No. The CBE lists Adoration 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 Adoration registered on Peppol?
No, Adoration is currently not registered on the Peppol network.
What is the enterprise number of Adoration?
The enterprise number of Adoration is BE0732623479.
When was Adoration founded?
Adoration was founded on 14 August 2019.