OPENING OF BANKRUPTCY

ADO CARS

Company — Opening of bankruptcy.

Financial year 2023 · Closed on 31/12/2023

Net result-59,5 k €-19,6 %over 1 year
Gross margin-54 k €-15,5 %over 1 year
Equity-106,2 k €-127,3 %over 1 year

Identity

Source · BCE/KBO

ADO CARS is a Private limited company incorporated in 2021. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Sint-Niklaas.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0778.928.212
Incorporation
21/12/2021
Legal form
Private limited company
Registered office
Gladiolenstraat 20
9100 Sint-Niklaas · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2023

Financials

Source · NBB, 2 filings

Trend over 2 financial years

20232022
Income statement
Gross margin-54 k €-46,7 k €
EBITDA-57,2 k €-47,7 k €
Operating result-57,2 k €-47,7 k €
Net result-59,5 k €-49,7 k €
Balance sheet
Equity-106,2 k €-46,7 k €
Total assets109 k €63,6 k €
Cash8 k €6 k €
Debts215,2 k €110,3 k €

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 1 ended

Active mandates

Daviti Gushani

Director · since 28 février 2024

Active
Seadi Gushani

Director · until 28 avril 2024

Active

Ended mandates

Seadi Gushani

Director

Ended

Full financial information

Source · NBB
20232022
Type of accountMicro modelMicro model
Start of the financial year01/01/202320/12/2021
Closing of the financial year31/12/202331/12/2022
Length of the financial year12 months13 months
Filing date30/09/202428/02/2024
General meeting27/05/202422/05/2023
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 2 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202327/05/202430/09/2024DutchPDF
Micro model31/12/202222/05/202328/02/2024DutchPDF

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.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 1 ended

Active mandates

Daviti Gushani

Director · since 28 février 2024

Active
Seadi Gushani

Director · until 28 avril 2024

Active

Ended mandates

Seadi Gushani

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates09/04/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/10/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other23/12/2021
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-59,5 k €↓
  2. 2022
    Annual accounts 2022-49,7 k €
  3. 21/12/2021
    IncorporationPrivate limited company