OPENING OF BANKRUPTCY

AD Project

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Financial year 2022 · closed on 30/06/2022
Net result
53,2 k €
+300.9% YoY
Gross margin
87,5 k €
+228.9% YoY
Equity
92,6 k €
+135.0% YoY

Company — Opening of bankruptcy.

What does AD Project do?

AD Project is a Private company with limited liability incorporated in 2010. Its main activity is: Specialised construction activities. Its registered office is in Bree.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0822.451.914
Incorporation
20/01/2010
Legal form
Private company with limited liability
Registered office
Filterstraat 27
3960 Bree · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
30/06/2022
Activities (NACE)
43410Specialised construction activities· main43910Roofing activities43221Plumbing, heat and air-conditioning installation43221Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation+4
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2022202120202019201820172016201520142013201220112010
Income statement
Gross margin87,5 k €26,6 k €17,6 k €4,3 k €-3,3 k €5,2 k €5,1 k €15,5 k €5,2 k €34,4 k €32,4 k €26,8 k €29,6 k €
EBITDA83,1 k €22,4 k €3,6 k €4,3 k €-5 k €2,3 k €4 k €14,1 k €4,3 k €34 k €29,9 k €23 k €26,2 k €
Operating result81,1 k €22,4 k €3,6 k €4 k €-12,9 k €529,3 €1,5 k €13,1 k €3 k €12,3 k €25 k €18,2 k €12,9 k €
Net result53,2 k €13,3 k €3,6 k €3,9 k €-14,2 k €627,5 €174,5 €8,6 k €-2,5 k €2,1 k €-283,7 €10,5 k €7,5 k €
Balance sheet
Equity92,6 k €39,4 k €26,1 k €22,5 k €18,7 k €32,9 k €32,2 k €32,1 k €23,5 k €26 k €23,9 k €24,2 k €13,7 k €
Total assets176,1 k €65,9 k €27 k €23,9 k €26 k €50,9 k €62,5 k €114 k €65,8 k €113,3 k €70,1 k €583,3 k €37,2 k €
Cash48,2 k €370,7 €–7 k €374,7 €269,8 €–1,9 k €–13,6 k €–8,9 k €14,5 k €
Debts82,1 k €25 k €837 €1,3 k €7,4 k €18 k €30,2 k €75,1 k €42,3 k €87,3 k €43,4 k €558,2 k €23,5 k €
Governance

Board of directors

Seen on filing of 30/06/2022 · 1 active · 3 ended

Active mandates

LUC VANDORMAEL

Manager

Active

Ended mandates

Brahim Ouhazzem

Manager · since 01 avril 2009

Ended
BHAHIM OUHAZZEM

Manager

Ended
Brahim Ouhazzem

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
AZAS LOUKAS● Bankrupt
0849.190.359
UNIVERSAL AFWERKINGSBEDRIJF● Active
0843.113.805
WORLDWIDE BUSINESS COMMUNICATIONS● Bankrupt
0453.366.023
Annual accounts

Full financial information

202220212020201920182017
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/07/202101/07/202001/07/201901/07/201801/07/201701/07/2016
Closing of the financial year30/06/202230/06/202130/06/202030/06/201930/06/201830/06/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202308/02/202226/02/202123/10/201919/12/201829/11/2017
General meeting11/11/202212/11/202109/10/202009/10/201909/11/201810/11/2017
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202211/11/202230/01/2023DutchPDF
Micro model30/06/202112/11/202108/02/2022DutchPDF
Micro model30/06/202009/10/202026/02/2021DutchPDF
Micro model30/06/201909/10/201923/10/2019DutchPDF
Abridged model30/06/201809/11/201819/12/2018DutchPDF
Abridged model30/06/201710/11/201729/11/2017DutchPDF
Abridged model30/06/201612/11/201631/05/2017DutchPDF
Abridged model30/06/201513/11/201529/03/2017DutchPDF
Abridged model30/06/201414/11/201430/01/2015DutchPDF
Abridged model30/06/201308/11/201302/06/2014DutchPDF
Abridged model30/06/201209/11/201215/02/2013DutchPDF
Abridged model30/06/201111/11/201101/06/2012DutchPDF
Abridged model30/06/201012/11/201030/03/2011DutchPDF
Estimate

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.

Discover the Business plan
Disclaimer

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

Governance

Board of directors

Seen on filing of 30/06/2022 · 1 active · 3 ended

Active mandates

LUC VANDORMAEL

Manager

Active

Ended mandates

Brahim Ouhazzem

Manager · since 01 avril 2009

Ended
BHAHIM OUHAZZEM

Manager

Ended
Brahim Ouhazzem

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/10/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/01/2010
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 202253,2 k €↑
  2. 2021
    Annual accounts 202113,3 k €↑
  3. 2020
    Annual accounts 20203,6 k €↓
  4. 2019
    Annual accounts 20193,9 k €↑
  5. 2018
    Annual accounts 2018-14,2 k €↓
  6. 2017
    Annual accounts 2017627,5 €↑
  7. 2016
    Annual accounts 2016174,5 €↓
  8. 2015
    Annual accounts 20158,6 k €↑
  9. 2014
    Annual accounts 2014-2,5 k €↓
  10. 2013
    Annual accounts 20132,1 k €↑
  11. 2012
    Annual accounts 2012-283,7 €↓
  12. 2011
    Annual accounts 201110,5 k €↑
  13. 2010
    Annual accounts 20107,5 k €
  14. 20/01/2010
    IncorporationPrivate company with limited liability