A.A.B.
ActiveSummary
A.A.B. has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,118 and a net result of €10,429. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 76% of 4695 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+27
Solvency92▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.46 in 2024; short-term debt: 33.1% of total assets), and 33.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.9%
Return on assets
4.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
41 d late
2024
45 d late
2023
79 d late
2022
60 d late
2021
31 d late
2020
107 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€158,118▲ 7.1%
2024 · €147,688
Total assets
€236,308▼ 2.9%
2024 · €243,408
Net result
€10,429
2024 · -€6,839
Working capital
€61,795▲ 40.9%
2024 · €43,844
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,349▼ 26.5%€9,285▼ 30.4%-€22,878-€4,390▲ 80.8%€20,001
Net result€4,682▼ 68.3%€2,345▼ 49.9%-€25,907-€6,839▲ 73.6%€10,429
Equity€178,090▲ 2.7%€180,434▲ 1.3%€154,527▼ 14.4%€147,688▼ 4.4%€158,118▲ 7.1%
Total assets€233,729▼ 3.9%€239,730▲ 2.6%€238,929▼ 0.3%€243,408▲ 1.9%€236,308▼ 2.9%
Debt€55,640▼ 20.2%€59,296▲ 6.6%€84,402▲ 42.3%€95,719▲ 13.4%€78,190▼ 18.3%
Working capital€44,240▲ 21.3%€58,183▲ 31.5%€49,597▼ 14.8%€43,844▼ 11.6%€61,795▲ 40.9%
Staff (FTE)2.4▼ 25.0%1.1▼ 54.2%1.3▲ 18.2%0.8▼ 38.5%0.8=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €20,001 after a loss of €4,390 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236,308
Fixed assets
€96,323 ▼ 7.2%
Current assets
€139,985 ▲ 0.3%
Equity and liabilities €236,308
Equity
€158,118 ▲ 7.1%
Debt
€78,190 ▼ 18.3%
Debt's share of the balance-sheet total falls from 39.3% to 33.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,395▲
2024 · €9,195
Cash flow
€23,823▲
2024 · €6,747
Current ratio
1.79▲
2024 · 1.46
Debt to equity
0.49▼
2024 · 0.65
ROE
6.6%▲
2024 · -4.6%
ROA
4.4%▲
2024 · -2.8%
Interest coverage
8.78▲
2024 · 3.76
Debt ≤ 1 year
€78,190▼
2024 · €95,719
Income taxes
€5,767
Staff costs
€45,347▲
2024 · €21,877
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €71,504 | €49,579 | €26,943 | €21,877 | €45,347 | ▲ 107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,023 | €11,598 | €18,322 | €13,586 | €13,394 | ▼ 1.4% |
| Other operating charges640/8 | €3,561 | €2,587 | €6,616 | €18,387 | €9,585 | ▼ 47.9% |
| Gross operating margin9900 | €100,438 | €73,048 | €29,003 | €49,459 | €88,327 | ▲ 78.6% |
| Operating profit (loss)9901 | €13,349 | €9,285 | -€22,878 | -€4,390 | €20,001 | ▲ 556% |
| Financial charges65/66B | €7,232 | €5,106 | €3,030 | €2,448 | €3,805 | ▲ 55.4% |
| Recurring financial charges65 | €7,232 | €5,106 | €3,030 | €2,448 | €3,805 | ▲ 55.4% |
| Profit (loss) for the period before taxes9903 | €6,117 | €4,179 | -€25,907 | -€6,839 | €16,196 | ▲ 337% |
| Income taxes67/77 | €1,435 | €1,834 | - | - | €5,767 | - |
| Profit (loss) for the period9904 | €4,682 | €2,345 | -€25,907 | -€6,839 | €10,429 | ▲ 253% |
| Profit (loss) for the period to be appropriated9905 | €4,682 | €2,345 | -€25,907 | -€6,839 | €10,429 | ▲ 253% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €233,729 | €239,730 | €238,929 | €243,408 | €236,308 | ▼ 2.9% |
| Fixed assets21/28 | €133,849 | €122,251 | €104,929 | €103,844 | €96,323 | ▼ 7.2% |
| Intangible fixed assets21 | - | €3,200 | €1,600 | - | - | - |
| Tangible fixed assets22/27 | €117,499 | €102,701 | €86,979 | €78,494 | €70,973 | ▼ 9.6% |
| Plant, machinery and equipment23 | - | - | €760 | €427 | €1,904 | ▲ 346% |
| Furniture and vehicles24 | €13,100 | €4,132 | €2,755 | €3,877 | €1,333 | ▼ 65.6% |
| Leasing and similar rights25 | €11,662 | €5,831 | - | - | - | - |
| Other tangible fixed assets26 | €92,738 | €92,738 | €83,464 | €74,191 | €67,736 | ▼ 8.7% |
| Financial fixed assets28 | €16,350 | €16,350 | €16,350 | €25,350 | €25,350 | = |
| Current assets29/58 | €99,880 | €117,479 | €133,999 | €139,564 | €139,985 | ▲ 0.3% |
| Stocks and contracts in progress3 | €12,000 | €12,000 | €12,000 | €12,000 | - | - |
| Stocks30/36 | €12,000 | €12,000 | €12,000 | €12,000 | - | - |
| Amounts receivable within one year40/41 | €87,880 | €105,479 | €121,999 | €127,564 | €137,692 | ▲ 7.9% |
| Trade receivables40 | €25,906 | €70,136 | €82,000 | €71,896 | €82,190 | ▲ 14.3% |
| Other amounts receivable41 | €61,974 | €35,343 | €40,000 | €55,668 | €55,502 | ▼ 0.3% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,293 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €233,729 | €239,730 | €238,929 | €243,408 | €236,308 | ▼ 2.9% |
| Equity10/15 | €178,090 | €180,434 | €154,527 | €147,688 | €158,118 | ▲ 7.1% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,859 | - | - | - | - | - |
| Distributable reserves133 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €157,638 | €159,983 | €134,076 | €127,237 | €137,667 | ▲ 8.2% |
| Amounts payable17/49 | €55,640 | €59,296 | €84,402 | €95,719 | €78,190 | ▼ 18.3% |
| Amounts payable within one year42/48 | €55,640 | €59,296 | €84,402 | €95,719 | €78,190 | ▼ 18.3% |
| Financial debts43 | €14,893 | €12,762 | €14,282 | €14,945 | €13,188 | ▼ 11.8% |
| Credit institutions430/8 | €14,893 | €12,762 | €14,282 | €14,945 | €13,188 | ▼ 11.8% |
| Trade debts44 | €19,610 | €31,041 | €58,312 | €56,610 | €17,144 | ▼ 69.7% |
| Suppliers440/4 | €19,610 | €31,041 | €58,312 | €56,610 | €17,144 | ▼ 69.7% |
| Taxes, remuneration and social security45 | €21,137 | €15,493 | €11,808 | €24,164 | €47,859 | ▲ 98.1% |
| Taxes450/3 | €10,540 | €15,214 | €1,180 | €473 | €13,108 | ▲ 2,673% |
| Remuneration and social security454/9 | €10,598 | €279 | €10,628 | €23,691 | €34,751 | ▲ 46.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,682 | €2,345 | -€25,907 | -€6,839 | €10,429 | ▲ 253% |
| + Depreciation and write-downs630 | €12,023 | €11,598 | €18,322 | €13,586 | €13,394 | ▼ 1.4% |
| Operating cash flow (approximation) | €16,705 | €13,943 | -€7,586 | €6,747 | €23,823 | ▲ 253% |
| Investment in fixed assets (approximation) | - | €0 | -€1,000 | -€12,500 | -€5,872 | ▲ 53.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
31-12
Financial
Back to profitnet €10,429
Net result €10,429 after 2 loss-making years.
31-12
Financial
Equity above €150,000Eq €158,118 ▲7.1%
Equity rises from €147,688 to €158,118.
14-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 79 days late
2023
31-12
Financial
Weakest financial yearnet -€25,907
Net result drops to -€25,907, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
15-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 107 days late
2020
31-12
Financial
Back to profitnet €14,763
Net result €14,763 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 1996
Ground area
1,894 m²
Building footprint
682 m²
Volume, LiDAR
5,046 m³
Parcel 21382C0028/00G003, Brussels · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
224
companies at this address
See who is registered here
1 establishment unit
Oude Vijversstraat 40, 1190 Vorst
since 19962.078.874.702
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
K.M.C. INTERNATIONAL
BE 0821.577.528
Elsene · Eq €158,076
AY TRANS
BE 0691.720.955
Kraainem · Eq €158,025
DN SUPPLY
BE 0766.863.390
Gavere · Eq €158,367
MIRENA TRANSPORT
BE 0644.440.977
Elsene · Eq €157,856
JTS TRANS EXPRESS
BE 0733.944.758
Frameries · Eq €157,851
Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 6,354 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
47792Retail sale of second-hand clothing
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459006473
Also
9925:BE0459006473
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.