ADS Market
0505.870.341 · rovalta.com · 08/11/2026
OPENING OF BANKRUPTCY
ADS Market
Company — Opening of bankruptcy.
Financial year 2021 · Closed on 30/09/2021
Net result-303 k €-1 321,3 %over 1 year
Gross margin-172,7 k €-208,4 %over 1 year
Equity-207,8 k €-318,1 %over 1 year
Workforce4,2 ETP+7,7 %over 1 year
Overview
Identity
Source · BCE/KBOADS Market is a Public limited company incorporated in 2014. Its main activity is: Non-specialised wholesale of food, beverages and tobacco. Its registered office is in Antwerpen. It employs on average 4,2 ETP workers (FTE).
- Legal situation
- Opening of bankruptcy
- BCE/KBO no. / VAT
- BE 0505.870.341
- Incorporation
- 02/12/2014
- Legal form
- Public limited company
- Registered office
- Brusselstraat 51
2018 Antwerpen · FlandreSee on map - Contributed capital
- 62 000,00 €
- Latest accounts
- 30/09/2021
- Average workforce
- 4,2 ETP
Activities (NACE)
Joint committees (1)
- 119
Financials
Source · NBB, 6 filingsTrend over 6 financial years
| 2021 | 2020 | 2019 | 2018 | 2017 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | -172,7 k € | -208% | 159,2 k € | +159% | -270,6 k € | -280% | -71,2 k € | -152% | 137,6 k € |
| EBITDA | -291,9 k € | -959% | 34 k € | +108% | -411,8 k € | -115% | -191,3 k € | -741% | -22,7 k € |
| Operating result | -291,9 k € | -994% | 32,6 k € | +108% | -419,7 k € | -111% | -199,2 k € | -550% | -30,7 k € |
| Net result | -303 k € | -1321% | 24,8 k € | +106% | -434,6 k € | -116% | -200,8 k € | -539% | -31,4 k € |
| Balance sheet | |||||||||
| Equity | -207,8 k € | -318% | 95,3 k € | +35.2% | 70,5 k € | +142% | -168,1 k € | -614% | 32,7 k € |
| Total assets | 442,9 k € | -7.2% | 477,4 k € | +29.0% | 370 k € | -38.2% | 598,8 k € | -10.6% | 669,8 k € |
| Cash | 3,3 k € | -65.8% | 9,6 k € | -52.5% | 20,2 k € | +509% | 3,3 k € | -46.3% | 6,2 k € |
| Debts | 650,6 k € | +70.3% | 382,1 k € | +27.6% | 299,5 k € | -60.9% | 766,9 k € | +20.4% | 637,1 k € |
| Other | |||||||||
| Workforce | 4,2 ETP | +7.7% | 3,9 ETP | – | – | – | |||
Board of directors
Source · NBB, accounts to 30/09/20213 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bestun Aziz Mohamed | Managersince 02/12/2014Director02/12/2014 → 2019 accountsended | ||
Dilman Mohammed Abdullah | Managersince 02/12/2014 | ||
Waleed Khalid Thanoon | Managersince 02/12/2014Director02/12/2014 → 2019 accountsendedManaging director02/12/2014 → 2019 accountsended |
Other companies at this address
Brusselstraat 51 2018 Antwerpen| Company | CBE no. |
|---|---|
3S BELGIUM● Active | 1031.395.159 |
AABOX● Active | 0640.678.565 |
Abovo Belgium● Active | 1007.803.868 |
ADI-PRO● Active | 1009.101.589 |
ADMINEXPERTS● Bankrupt | 0550.357.214 |
Advanced Spring Technology● Active | 0821.705.410 |
Advocaat N. Goossens● Active | 0761.478.506 |
| 1006.451.709 | |
| 1001.464.919 | |
| 0723.810.832 | |
AE FURNITURE● Active | 0451.671.392 |
AERBO-aannemingen● Active | 1004.001.369 |
AGC● Active | 0802.857.221 |
AGP Group● Active | 0634.947.251 |
AICR● Bankrupt | 0761.455.542 |
AJA Wholesale● Active | 1028.550.683 |
AJ MULTIBOUW● Bankrupt | 0749.925.509 |
AL ABDULLAH● Bankrupt | 0764.965.853 |
ALDEBARAN● Active | 0881.681.401 |
ALGEMENE BOUWWERKEN BAHAD● Active | 0545.862.451 |
Financials
Full financial information
Source · NBB| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Micro model | Micro model | Abridged model |
| Start of the financial year | 01/10/2020 | 01/10/2019 | 01/10/2018 | 01/10/2017 | 01/10/2016 | 02/12/2014 |
| Closing of the financial year | 30/09/2021 | 30/09/2020 | 30/09/2019 | 30/09/2018 | 30/09/2017 | 30/09/2016 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 22 months |
| Filing date | 04/05/2022 | 31/08/2021 | 01/07/2020 | 19/05/2019 | 19/05/2019 | 06/04/2018 |
| General meeting | 28/03/2022 | 29/03/2021 | 30/03/2020 | 25/03/2019 | 26/03/2018 | 27/03/2017 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 6 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2021 | 28/03/2022 | 04/05/2022 | Dutch | |
| Abridged model | 30/09/2020 | 29/03/2021 | 31/08/2021 | Dutch | |
| Abridged model | 30/09/2019 | 30/03/2020 | 01/07/2020 | Dutch | |
| Micro model | 30/09/2018 | 25/03/2019 | 19/05/2019 | Dutch | |
| Micro model | 30/09/2017 | 26/03/2018 | 19/05/2019 | Dutch | |
| Abridged model | 30/09/2016 | 27/03/2017 | 06/04/2018 | Dutch |
Valuation
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 30/09/20213 active
Active mandates
| Director | Mandates in this company | Period | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Bestun Aziz Mohamed | Managersince 02/12/2014Director02/12/2014 → 2019 accountsended | ||
Dilman Mohammed Abdullah | Managersince 02/12/2014 | ||
Waleed Khalid Thanoon | Managersince 02/12/2014Director02/12/2014 → 2019 accountsendedManaging director02/12/2014 → 2019 accountsended |
Ownership and network
Looking for more information about this company?
Try for freePublications
Similar companies
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A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
Source · CBE, NBB annual accountsYear
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Waleed Khalid Thanoon
Dilman Mohammed Abdullah
Bestun Aziz Mohamed
2014201520162017201820192020202120222023202420252026
ADS Market
ManagerDirectorManaging director
Manager
ManagerDirector
CurrentPlanned, not yet servedEndedAccounts filedToday
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Brusselstraat 51, 2018 Antwerp-2018Current | CBE | |
| Helmstraat 1, 2140 Borgerhout (Antwerp) | accounts 2021 | Accounts 2021 · 2022-20023203 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| ADS MarketCurrent | accounts 2016 → 2021 | Accounts 2021 · 2022-20023203 |
Events
- 2021Annual accounts 2021-303 k €↓
- 2020Annual accounts 202024,8 k €↑
- 2019Annual accounts 2019-434,6 k €↓
- 2018Annual accounts 2018-200,8 k €↓
- 2017Annual accounts 2017-31,4 k €↓
- 2016Annual accounts 20162,1 k €
- 02/12/2014IncorporationPublic limited company