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A.B.K.

Active
Public limited companyfounded 1984active for 41 yearsVliegveld 61, 8560 Wevelgem, BelgiumKBO/BCE: BE 0426.466.339
Summary

The computed 12-month bankruptcy probability of A.B.K. is 1.9% (moderate). The 2025 annual accounts show negative equity (-€2.0m) and a net result of -€364,520. Equity is shrinking by about 45% per year across the filed financial years. Its solvency ranks better than 8% of 5,761 sector peers (NACE 68, financial year 2025). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
6th largest company by total assets in Wevelgem, Real estate sector1 site
Size
€16.7mtotal assets 2025
Staff
3.9 FTE
Equity
-€2.0m
Loss
-€364,520
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Accounts filed 5 days late3 of 10 deeds read
Why 52raises riskNegative equity -€2.0mLiquidity: current ratio 0.62, cash €17,9211 change of registered office in 24 monthslowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 22% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency 13-3
equity -12.2% of total assets
Liquidity 37=
short-term debt 31.5% · cash 0.1%
Profitability 30+12
return on assets -2.2%
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 0.2% (26,608 companies, NACE 68, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 1.9%● unchanged vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.8%▼ -0.1 percentage points vs 05-2025 07-2025: 2.1%▲ +0.3 percentage points vs 06-2025 08-2025: 2.4%▲ +0.3 percentage points vs 07-2025 09-2025: 1.9%▼ -0.5 percentage points vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.9%● unchanged vs 10-2025 12-2025: 1.9%● unchanged vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 1.5%▼ -1.0 percentage point vs 08-2026lowest value 10-2026: 1.9%▲ +0.4 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.62, compared with 0.66 in 2024, below 1; short-term debt: 31.5% and cash: 0.1% of total assets), and equity is negative.
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 68, micro): better than 12% on solvency, 29% on liquidity, 26% on profitability and 20% on growth.

The bankruptcy probability was computed on 23-10-2026 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.
lowers riskraises riskneutral
raises risk · Negative equity -€2.0m
NBB · annual accounts
raises risk · Liquidity: current ratio 0.62, cash €17,921
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2.0m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
19 days late
2023
9 days early
2022
31 days late
2021
25 days early
2020
58 days early
2019
80 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 17 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Jessie De Cooman (day-to-day manager)Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€2.0m View
  • Risk: 8 loss-making years in a rowloss financial year 2025 -€364,520 View
  • Caution: Among the weakest 5% on equitysector median €946,102 · 5,762 companies -€2.0m View
  • New directorlatest change 17-08-2026 · 0 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€16.7m
Loss
-€364,520
Solvency
-12.2%
Total assets▼ 6.5%
Net result
20182025
Go to Financials

Timeline

Events
45
Since
1986
Next accounts
by 31-07-2027
  1. 22-07-2024Annual accounts filed
  2. 05-06-2024Resignations & appointments
  3. 01-02-2024Resignations: Velleman Koenraad (bestuurder tevens gedelegeerd bestuurder)…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
29-11-1984
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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