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 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
ADO CARS from Sint-Niklaas, company number BE0778928212, closed financial year 2023 with a result of € -59,453 after tax. For that financial year ADO CARS recorded a gross margin of € -53,987 and equity of € -106,167. Compared with financial year 2022, the result moved from € -49,714 to € -59,453. 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 September 30, 2024.
€ -106,167
▼ € 59,453 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -59,453
▼ 20 % more loss than in 2022
Profit after tax over the fiscal year.
€ 8,010
▲ 34% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,167.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,304
▲ 4% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 52,842
▲ 33% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 18,296
▼ 11% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € -46,748 | € -53,987 | ▼ € 7,238 |
| Profit after taxes | € -49,714 | € -59,453 | ▼ € 9,739 |
| Equity | € -46,714 | € -106,167 | ▼ € 59,453 |
| Total debts | € 110,268 | € 215,171 | ▲ 95% |
| Cash | € 5,992 | € 8,010 | ▲ 34% |
| Retained profit | € -49,714 | € -109,167 | ▼ € 59,453 |
| Balance sheet total | € 63,554 | € 109,004 | ▲ 72% |
Key figures of ADO CARS, fiscal years 2022 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 ADO CARS?
What happened at ADO CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ADO CARS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 59,453. filed late Source: NBB ↗
- Seadi Gushani stepped down as director. NBB
- Daviti Gushani became a director. NBB
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,714 loss in 2022 to € 59,453 loss in 2023.
Paid € 1,088 in corporate taxes since 2022.
A new publication or filing at ADO CARS? We notify you, reason included.
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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
Directors
According to the 2023 annual accounts
Daviti Gushani
Director
since 2024
Seadi Gushani
Director
· until 2024
Establishments
Establishment units
Physical locations of this company
Gladiolenstraat 20
9100 Sint-Niklaas
Bettestraat (STE) 3 box C
9190 Stekene
Active since 21 December 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.928.212
- VAT number
- BE 0778.928.212
- Registered office
- Gladiolenstraat 20, 9100 Sint-Niklaas
- Names & denominations
- ADO CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 December 2021
- Peppol
- Not registered
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)