ADAM CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of ADAM CONCEPT is 1.5% (moderate). The 2025 annual accounts show negative equity (-€16,008) and a net result of -€109. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 6% of 5,906 sector peers (NACE 49, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 01-10-2018 Normal situation
- Registered office
- 289 active companies are registered at this address 41 started in the 12 months before. Source: KBO register, as of 5 November 2026.
- Activity
- Scheduled passenger transport by road NACE 49310and 2 others
- Establishment unit
- 2.280.665.483 1000 Brussels, since 01-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Board and ownership
- Asaidi KhalidDirector · since 26-09-2022
- Hnachi Mohamed AmineDirector
- Mohamed SaidiDirector
- Asaidi Khalid95 sharesdeed of 15-10-2026
- Mohamed Saidi5 sharesdeed of 15-10-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- €45,848
- Turnover
- ≈ €130,000
- estimated
- Loss
- €109
- ▼ 99.8%
- Equity
- -€16,008
- ▼ 0.7%
- Total assets
- €24,568
- ▼ 36.9%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equitySector: Land transport and transport via pipelines (NACE 49)Negative equity -€16,008lowers riskSize: total assets €24,568Liquidity: current ratio 0.19, cash €7,594, halvedShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 5% of them on solvency, 36% on liquidity, 19% on profitability and 35% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€16,008 View
- Positive: Result rose in 2025from -€59,413 to -€109 ▲ 99.8% View
- Caution: Board changedlatest change 07-10-2026 · 3 in office 2 joined · 4 left View
- Caution: Lower solvency than 93% of companies in land transportsector median 37.7% · 5,906 companies -65.2% View
- Caution: 2 loss-making years in a rowloss in financial year 2025 -€109 View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Recent changes
- · Gazette deed Transfer of 5 shares from Hnachi Mohamed to Mohamed SaidiResignation: Hnachi Mohamed (director) · Appointment: Mohamed Saidi (director) · Asaidi Khalid holds 95 shares
- · Gazette deed Transfer of 5 shares from Asaidi Khalid to Hnachi Mohamed AmineAppointment: Hnachi Mohamed Amine (director) · Asaidi Khalid holds 95 shares · Hnachi Mohamed Amine holds 5 shares
- · Gazette deed Resignations: Cone Moussa (director) and Demirel Mehmet (director)Transfer of 10 shares from Cone Moussa to Asaidi Khalid · Transfer of 10 shares from Demirel Mehmet to Asaidi Khalid · Asaidi Khalid holds 100 shares
Comparable companies
These companies have the same main activity as ADAM CONCEPT: scheduled passenger transport by road (NACE 49310). They are comparable in size and age: total assets between €19,000 and €49,300, founded between 2008 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| ADAM CONCEPT Brussels | €24,568 | €45,848 |
| EDOU-H Anderlecht | €24,376 | €35,892 |
| DZ BUSINESS Bruges | €19,981 | €46,242 |
| DAROS Brussels | €19,006 | €39,368 |
| RMA PROJECT Brussels | €30,229 | €71,330 |
| ILIAS BTJ Ixelles | €49,255 | €42,320 |
| Trading One Auderghem | €49,157 | €52,587 |
Key facts about ADAM CONCEPT
- What is the company number of ADAM CONCEPT?
- The company number of ADAM CONCEPT is 0707.603.518. The VAT number is the same number with BE in front: BE 0707.603.518.
- Where is ADAM CONCEPT based?
- The registered office is at Stalingradlaan 52, 1000 Brussels.Company details
- What does ADAM CONCEPT do?
- According to the KBO register, the main activity is scheduled passenger transport by road (NACE 49310).
- What is the legal form of ADAM CONCEPT?
- ADAM CONCEPT is a private limited company (BV).
- When was ADAM CONCEPT founded?
- ADAM CONCEPT was founded on 01-10-2018.
- Is ADAM CONCEPT still active?
- Yes, ADAM CONCEPT is an active enterprise in the KBO register.
- What is the turnover of ADAM CONCEPT?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €45,848 and 57 comparable companies (NACE 493). It probably lies between €93,000 and €160,000. In financial year 2023 turnover was €179,882.Financials
- Is ADAM CONCEPT profitable?
- In financial year 2025, ADAM CONCEPT made a loss of €109.
- Where can I find the annual accounts of ADAM CONCEPT?
- ADAM CONCEPT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ADAM CONCEPT due?
- ADAM CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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