ADDAX MOTORS
0637.770.347 · rovalta.com · 25/09/2026
OPENING OF BANKRUPTCY
ADDAX MOTORS
Company — Opening of bankruptcy.
Financial year 2023 · Closed on 31/12/2023
Net result-4,9 M €-23,1 %over 1 year
Gross margin-247,3 k €+78,9 %over 1 year
Equity62,3 k €-96,1 %over 1 year
Workforce35,8 ETP+42,1 %over 1 year
Overview
Identity
Source · BCE/KBOADDAX MOTORS is a Public limited company incorporated in 2015. Its main activity is: Manufacture of motor vehicles. Its registered office is in Deerlijk. It employs on average 35,8 ETP workers (FTE).
- Legal situation
- Opening of bankruptcy
- BCE/KBO no. / VAT
- BE 0637.770.347
- Incorporation
- 15/09/2015
- Legal form
- Public limited company
- Registered office
- Kleine Tapuitstraat 18
8540 Deerlijk · FlandreSee on map - Contributed capital
- 15 870 000,00 €
- Latest accounts
- 31/12/2023
- Average workforce
- 35,8 ETP
Activities (NACE)
29100Manufacture of motor vehicles· main29100Manufacture of motor vehicles29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers29201Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers45111Sale of cars and light motor vehicles45310Wholesale trade of motor vehicle parts and accessories+4
Joint committees (3)
- 11101
- 200
- 20900
Contacts
1 public detail availableLog in to view
Signals
Good liquidityHealthy social debts
Financials
Source · NBB, 8 filingsTrend over 3 financial years
| 2023 | 2022 | 2021 | |||
|---|---|---|---|---|---|
| Income statement | |||||
| Gross margin | -247,3 k € | +78.9% | -1,2 M € | -52.1% | -771,8 k € |
| EBITDA | -3,8 M € | -11.6% | -3,4 M € | -48.4% | -2,3 M € |
| Operating result | -4,4 M € | -12.9% | -3,9 M € | -37.8% | -2,9 M € |
| Net result | -4,9 M € | -23.1% | -3,9 M € | -35.0% | -2,9 M € |
| Balance sheet | |||||
| Equity | 62,3 k € | -96.1% | 1,6 M € | -15.1% | 1,9 M € |
| Total assets | 9,9 M € | +49.2% | 6,6 M € | +20.9% | 5,5 M € |
| Cash | 2,5 M € | +161% | 968,4 k € | +188% | 336,5 k € |
| Debts | 9,3 M € | +113% | 4,4 M € | +44.8% | 3 M € |
| Other | |||||
| Workforce | 35,8 ETP | +42.1% | 25,2 ETP | +40.8% | 17,9 ETP |
Board of directors
Source · NBB, accounts to 31/12/2023Other companies at this address
Kleine Tapuitstraat 18 8540 Deerlijk| Company | CBE no. |
|---|---|
BLUE OAK IMPACT● Active | 0425.752.794 |
BLUE OAK REAL ESTATE● Active | 0426.742.095 |
COGENIUS● Active | 0844.132.701 |
ELEXYS● Active | 0824.304.218 |
EUROPEAN COMMODITIES● Active | 0682.855.848 |
Finesco Invest● Active | 0431.203.503 |
RAF+● Active | 0723.761.441 |
SAULIRE● Active | 1011.464.629 |
Financials
Full financial information
Source · NBB| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 | 01/01/2018 |
| Closing of the financial year | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 | 31/12/2018 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 24/12/2024 | 14/07/2023 | 20/07/2022 | 06/07/2021 | 30/06/2020 | 12/07/2019 |
| General meeting | 13/12/2024 | 21/06/2023 | 24/06/2022 | 24/06/2021 | 04/06/2020 | 06/06/2019 |
| 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, 8 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2023 | 13/12/2024 | 24/12/2024 | Dutch | |
| Abridged model | 31/12/2022 | 21/06/2023 | 14/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 24/06/2022 | 20/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 24/06/2021 | 06/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 04/06/2020 | 30/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 06/06/2019 | 12/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 06/07/2018 | 18/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 20/06/2017 | 14/07/2017 | 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 31/12/2023Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates12/03/2025ONTSLAGEN - BENOEMINGEN
- Mandates27/01/2025ONTSLAGEN - BENOEMINGEN
- Mandates15/01/2024KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Mandates31/05/2023ONTSLAGEN - BENOEMINGEN
- Mandates01/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates09/12/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
- Capital / shares15/01/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
- Mandates30/09/2019ONTSLAGEN - BENOEMINGEN
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2023Annual accounts 2023-4,9 M €↓
- 2022Annual accounts 2022-3,9 M €↓
- 2021Annual accounts 2021-2,9 M €
- 15/09/2015IncorporationPublic limited company