Bankrupt · Opening faillissement (CBE)

ADEM

BE0884890814

Rechtspersoon Private limited company 1 establishment

ADEM is a hospitality business in Mechelen. Private Limited, started on 31 October 2006, 1 establishment.

Grote Markt 16, 2800 Mechelen

Behind the company: Diederik Wernaerts, Ann Buelens.

Start date

31 October 2006

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 3 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 9 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

ADEM from Mechelen, company number BE0884890814, closed financial year 2023 with a result of € -67,728 after tax. For that financial year ADEM recorded a gross margin of € 24,120 and equity of € -91,240. Compared with financial year 2022, the result moved from € -7,743 to € -67,728. 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 July 2, 2024.

What it is worth Caution

€ -91,240

▼ € 67,728 vs 2022

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

Loss Caution

€ -67,728

▼ 775 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 9,824

▲ 92% 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 € -103,640.

People and assets in 2023

Wage cost

€ 74,757

▼ 7% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 3,259

▼ 21% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 44,737

▼ 10% vs 2022

€ 9,615 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 50,667

▼ 4% vs 2022

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

Taxes and wages

€ 27,704

▲ 1% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 93,691 € 76,981 € 24,120 ▼ 69%
Profit after taxes € 15,062 € -7,743 € -67,728 ▼ € 59,985
Equity € -15,769 € -23,512 € -91,240 ▼ € 67,728
Total debts € 90,491 € 130,118 € 123,572 ▼ 5%
Cash € 6,934 € 5,124 € 9,824 ▲ 92%
Retained profit € -28,169 € -35,912 € -103,640 ▼ € 67,728
Bank debt € 64,090 € 49,712 € 44,737 ▼ 10%
Balance sheet total € 74,721 € 106,605 € 32,332 ▼ 70%

Key figures of ADEM, 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 ADEM?

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

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

  • New annual accounts for financial year 2022: loss of € 7,743 (▼ € 22,806 vs 2021). filed late Source: NBB ↗
  • New establishment in Mechelen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 15,062 profit in 2021 to € 67,728 loss in 2023.

Best year ever: 2021, with € 15,062 profit.

Management

Diederik Wernaerts Ann Buelens
ADEM

Behind ADEM are Diederik Wernaerts and Ann Buelens.

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Directors

According to the 2023 annual accounts

Diederik Wernaerts

Director

Ann Buelens

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Grote Markt 16

2800 Mechelen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

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

Details

Company number
0884.890.814
VAT number
BE 0884.890.814
Registered office
Grote Markt 16, 2800 Mechelen
Names & denominations
ADEM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
31 October 2006
Peppol
Not registered
Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Fastfoodzaken, snackbars, frituren en dergelijke

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does ADEM do?
ADEM is a hospitality business in Mechelen. Private Limited, started on 31 October 2006, 1 establishment.
What is the address of ADEM?
The registered office of ADEM is located at Grote Markt 16, 2800 Mechelen.
Is ADEM still active?
No. The CBE lists ADEM 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 ADEM registered on Peppol?
No, ADEM is currently not registered on the Peppol network.
What is the enterprise number of ADEM?
The enterprise number of ADEM is BE0884890814.
When was ADEM founded?
ADEM was founded on 31 October 2006.