A.B.D.M
ActiveSummary
The computed 12-month bankruptcy probability of A.B.D.M is 3.3% (moderate). The 2024 annual accounts show negative equity (€-20k) and a net result of €30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9982 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.49 against 0.15 in 2023; short-term debt: 172.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-72.6%
Return on assets
112.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 5%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
44 d early
2022
47 d early
2021
34 d early
2020
2 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€82k
EBIT margin
40.5%
Net result
€30k
2023 · €-15k
2020: €130
2021: €-13k▼ -10419% vs 2020
2022: €-26k▼ -93.5% vs 2021lowest in 5 years
2023: €-15k▲ +44.2% vs 2022
2024: €30k▲ +308% vs 2023highest in 5 years
2020 → 2024
Working capital
€-24k▲ 55.8%
2023 · €-53k
2020: €3khighest in 5 years
2021: €-21k▼ -836% vs 2020
2022: €-46k▼ -119% vs 2021
2023: €-53k▼ -15.6% vs 2022lowest in 5 years
2024: €-24k▲ +55.8% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€82k
Equity€4k-€-9k€-35k▼ 279%€-50k▼ 41.1%€-20k▲ 60.7%
2020: €4khighest in 5 years
2021: €-9k▼ -326% vs 2020
2022: €-35k▼ -279% vs 2021
2023: €-50k▼ -41.1% vs 2022lowest in 5 years
2024: €-20k▲ +60.7% vs 2023
Operating result€443-€-13k€-21k▼ 66.0%€-10k▲ 54.3%€33k
2020: €443
2021: €-13k▼ -2991% vs 2020
2022: €-21k▼ -66.0% vs 2021lowest in 5 years
2023: €-10k▲ +54.3% vs 2022
2024: €33k▲ +442% vs 2023highest in 5 years
Net result€130-€-13k€-26k▼ 93.5%€-15k▲ 44.2%€30k
2020: €130
2021: €-13k▼ -10419% vs 2020
2022: €-26k▼ -93.5% vs 2021lowest in 5 years
2023: €-15k▲ +44.2% vs 2022
2024: €30k▲ +308% vs 2023highest in 5 years
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 2024: €33k after a loss of €10k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €27k
Fixed assets
€4k ▲ 12.1%
Current assets
€23k ▲ 139%
Key figures and ratios
EBITDA
€35k▲
2023 · €-7k
Cash flow
€32k▲
2023 · €-12k
Solvency
-72.6%▲
2023 · -378.6%
Current ratio
0.49▲
2023 · 0.15
Debt to equity
-2.38▼
2023 · -1.26
ROA
112.1%▲
2023 · -110.2%
Interest coverage
11.74▲
2023 · -1.42
Debt
€47k▼
2023 · €63k
Debt ≤ 1 year
€47k▼
2023 · €63k
Staff costs
€163▼
2023 · €293
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€13k€27k▲
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€4k€4k▲
Plant, machinery and equipment23€3k€4k▲
Furniture and vehicles24€46€247▲
Financial fixed assets28€0-
Current assets29/58€10k€23k▲
Amounts receivable within one year40/41€10k€23k▲
Trade receivables40€8k€20k▲
Other amounts receivable41€1k€3k▲
Deferred charges and accrued income490/1€35€99▲
Equity and liabilities
Total equity and liabilities10/49€13k€27k▲
Equity10/15€-50k€-20k▲
Contributions10/11€4k€4k=
Reserves13€130€130=
Tax-exempt reserves132€130€130=
Profit (loss) carried forward14€-54k€-24k▲
Amounts payable17/49€63k€47k▼
Amounts payable within one year42/48€63k€47k▼
Financial debts43€15k€13k▼
Credit institutions430/8€15k€13k▼
Trade debts44€26k€17k▼
Suppliers440/4€26k€17k▼
Taxes, remuneration and social security45€538€1k▲
Taxes450/3€502€1k▲
Remuneration and social security454/9€36-
Other amounts payable47/48€22k€16k▼
Accrued charges and deferred income492/3€59-
Income statement
Code20232024
Turnover70-€82k
Non-recurring operating income76A-€5k
Goods, raw materials, services and sundry goods60/61-€52k
Remuneration, social security and pensions62€293€163▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€4k€26▼
Gross operating margin9900€-3k€35k▲
Operating profit (loss)9901€-10k€33k▲
Financial income75/76B€9-
Recurring financial income75€9-
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€-15k€30k▲
Profit (loss) for the period9904€-15k€30k▲
Profit (loss) for the period to be appropriated9905€-15k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-54k€-24k▲
Profit (loss) brought forward from the previous period14P€-39k€-54k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €82k | - |
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €52k | - |
| Remuneration, social security and pensions62 | - | €11k | €3k | €293 | €163 | ▼ 44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €4k | €5k | €3k | €2k | ▼ 38.6% |
| Other operating charges640/8 | - | €98 | €792 | €4k | €26 | ▼ 99.3% |
| Gross operating margin9900 | €6k | €3k | €-13k | €-3k | €35k | ▲ 1,446% |
| Operating profit (loss)9901 | €443 | €-13k | €-21k | €-10k | €33k | ▲ 442% |
| Financial income75/76B | - | €10 | €6 | €9 | - | - |
| Recurring financial income75 | €4 | €10 | €6 | €9 | - | - |
| Financial charges65/66B | - | €658 | €5k | €5k | €3k | ▼ 38.1% |
| Recurring financial charges65 | €154 | €658 | €5k | €5k | €3k | ▼ 38.1% |
| Profit (loss) for the period before taxes9903 | €292 | €-13k | €-26k | €-15k | €30k | ▲ 308% |
| Income taxes67/77 | €162 | €3 | - | - | - | - |
| Profit (loss) for the period9904 | €130 | €-13k | €-26k | €-15k | €30k | ▲ 308% |
| Profit (loss) for the period to be appropriated9905 | €130 | €-13k | €-26k | €-15k | €30k | ▲ 308% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22k | €22k | €46k | €13k | €27k | ▲ 105% |
| Fixed assets21/28 | €7k | €12k | €11k | €4k | €4k | ▲ 12.1% |
| Tangible fixed assets22/27 | €7k | €12k | €11k | €4k | €4k | ▲ 12.1% |
| Plant, machinery and equipment23 | - | €4k | €4k | €3k | €4k | ▲ 6.5% |
| Furniture and vehicles24 | - | €7k | €7k | €46 | €247 | ▲ 442% |
| Financial fixed assets28 | - | €175 | €175 | €0 | - | - |
| Current assets29/58 | €15k | €10k | €35k | €10k | €23k | ▲ 139% |
| Stocks and contracts in progress3 | - | - | €6k | - | - | - |
| Stocks30/36 | - | - | €6k | - | - | - |
| Amounts receivable within one year40/41 | €10k | €8k | €29k | €10k | €23k | ▲ 139% |
| Trade receivables40 | - | €4k | €20k | €8k | €20k | ▲ 149% |
| Other amounts receivable41 | - | €4k | €9k | €1k | €3k | ▲ 84.6% |
| Cash at bank and in hand54/58 | €3k | €0 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | €2k | €227 | €35 | €99 | ▲ 180% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22k | €22k | €46k | €13k | €27k | ▲ 105% |
| Equity10/15 | €4k | €-9k | €-35k | €-50k | €-20k | ▲ 60.7% |
| Contributions10/11 | - | €4k | €4k | €4k | €4k | = |
| Reserves13 | - | €130 | €130 | €130 | €130 | = |
| Tax-exempt reserves132 | - | €130 | €130 | €130 | €130 | = |
| Profit (loss) carried forward14 | €130 | €-13k | €-39k | €-54k | €-24k | ▲ 56.0% |
| Amounts payable17/49 | €18k | €31k | €81k | €63k | €47k | ▼ 26.1% |
| Amounts payable within one year42/48 | €12k | €31k | €81k | €63k | €47k | ▼ 26.0% |
| Financial debts43 | - | €5k | €15k | €15k | €13k | ▼ 13.0% |
| Credit institutions430/8 | - | €5k | €15k | €15k | €13k | ▼ 13.0% |
| Trade debts44 | €9k | €4k | €39k | €26k | €17k | ▼ 36.3% |
| Suppliers440/4 | - | €4k | €39k | €26k | €17k | ▼ 36.3% |
| Taxes, remuneration and social security45 | - | €5k | €11k | €538 | €1k | ▲ 176% |
| Taxes450/3 | - | €102 | €685 | €502 | €1k | ▲ 196% |
| Remuneration and social security454/9 | - | €5k | €11k | €36 | - | - |
| Other amounts payable47/48 | - | €17k | €16k | €22k | €16k | ▼ 27.2% |
| Accrued charges and deferred income492/3 | - | €0 | - | €59 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €130 | €-13k | €-26k | €-15k | €30k | ▲ 308% |
| + Depreciation and write-downs630 | €2k | €4k | €5k | €3k | €2k | ▼ 38.6% |
| Operating cash flow (approximation) | €2k | €-9k | €-21k | €-12k | €32k | ▲ 375% |
| Investment in fixed assets (approximation) | - | €-9k | €-4k | €4k | €-2k | ▼ 150% |
| Change in cash | - | €-3k | - | - | - | - |
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
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after 3 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Morlanwelz · 1 establishment unit since 2019
Ground area
632 m²
Building footprint
101 m²
Volume, LiDAR
480 m³
Parcel 56057A0122/00X026, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Mésanges(MLZ) 3, 7140 Morlanwelz
since 20192.291.533.839
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0122/00X026 | Wallonia | 632 m² | 1 · 101 m² | 10.0 m · 2 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.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 5,709 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
Founded27-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43212Electrical installation work in industrial facilities
Scores and ratios are computed by Checked and are not a credit decision.