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A.A.B.S.

Active
Public limited companyfounded 198640 years activeSchoonzichtstraat 33, 9051 Gent, BelgiumKBO/BCE: BE 0428.843.433
Summary

The computed 12-month bankruptcy probability of A.A.B.S. is 1.9% (moderate). The 2025 annual accounts show equity of €2.4m and a net result of -€736,752. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 1,011 sector peers (NACE 41, fiscal year 2025). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€57.9mturnover 2025
Staff
11.2 FTE
Equity
€2.4m
Loss
-€736,752
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Parent
ABSoluut Plaza · 80%
Accounts filed 19 days late0 of 22 deeds read
Why 52- Equity €2.4m (15.8% of total assets)- Sector Construction of residential and non-residential buildings (NACE 41)- Loss of €736,752 (FY 2025)- Liquidity: current ratio 1.10, cash €1.0mShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 41, small)
Financial strength · tick = 2023
Weak
Solvency 41+1
equity 15.8% of total assets
Liquidity 16=
short-term debt 77.6% · cash 7.0%
Profitability 18-15
return on assets -4.9%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (910 companies)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.2%▼ -0.1 percentage points vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025lowest value 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.3%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025 09-2025: 2.1%▲ +0.3 percentage points vs 08-2025 10-2025: 2.6%▲ +0.5 percentage points vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.9%▲ +0.3 percentage points vs 11-2025 01-2026: 4.5%▲ +1.6 percentage points vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.0%▼ -0.5 percentage points vs 03-2026 05-2026: 4.0%● unchanged vs 04-2026 06-2026: 4.0%● unchanged vs 05-2026 07-2026: 4.0%● unchanged vs 06-2026 08-2026: 5.3%▲ +1.3 percentage points vs 07-2026highest value 09-2026: 1.9%▼ -3.4 percentage points vs 08-2026 10-2026: 1.9%● unchanged vs 09-2026
Credit up to €120,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.96 in 2023; short-term debt: 77.6% and cash: 7% of total assets), and 84.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 41, small): better than 26% on solvency, 16% on liquidity and 10% on profitability.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk○neutral
raises risk · Equity €2.4m (15.8% of total assets)
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Loss of €736,752 (FY 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.10, cash €1.0m
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1011 sector peers (2025).
NBB · sector comparison
Position among 1011 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 18-08-2026, 19 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 filings
Deviation from the deadline
2025
19 days late
2023
104 days late
2022
21 days early
2021
30 days early
2020
16 days early
2019
59 days late
2018
28 days early
← 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 12 days after the deadline; the sector median for financial year 2023 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€736,752
  3. Incorporation · FounderFounding capital · Share class

Key points

  • Caution: Among the weakest 5% on net resultsector median €34,442 · 1,013 companies -€736,752 View
  • Controlled by ABSoluut Plazaultimately: 4 U 22 bvba 80% View
  • Active since 1986founded 09-04-1986 40 years View

By topic

Financials

Fiscal year
2025
Turnover
€57.9m
Loss
-€736,752
Solvency
15.8%
Turnover▲ 54.1%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2016
  1. 12-11-2024Annual accounts filed
  2. 10-07-2023Annual accounts filed
  3. 01-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
General construction of residential buildingsNACE 41001
Founded
09-04-1986
Year ends
30-12
Peppol
Reachable for e-invoices
Go to Company details

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