Equity
€1.5m from €2.8m in 2022
Equity fell by 47% in 3 years.
AB
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2001peak €667,213 (2025)
€667,213▲ 99.0%
lowest -€47,799 (2011)
-€11,725▼ €11,188
peak €2.8m (2022)
€1.5m▼ 0.8%
€3.3m▼ 22.4%
peak 1.9 FTE (2008)
0 FTE
Board5 names since 2018
3 directorsBen Van Loo and 2 others
Owners
Documentsfilings and deeds
16-10-202677 days late
2025financial year
Gross margin from €335,200 to €667,213Loss of €11,725Debts from €4.3m to €3.3mCash from €11,939 to €41,920
Key points
from the 2025 annual accountsLosses
-€41,760 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €5.8m estimated
The accounts state no turnover.
Investments
€1.8m 3.8 × depreciation
Green is investment, beige is depreciation.
Filings
24 annual accounts 77 days
Latest accounts filed late: after the legal deadline.
Restructuring
2024
Restructuring with ABCO. Restructuring on 07-02-2024.
Checked score
82
Excellent
Financially stronger than 36% of small companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,698 companies (NACE 47, small).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.1%▲ +0.1 percentage points vs 06-2025
08-2025: 1.7%▲ +0.6 percentage points vs 07-2025
09-2025: 2.0%▲ +0.3 percentage points vs 08-2025
10-2025: 2.7%▲ +0.7 percentage points vs 09-2025highest value
11-2025: 0.8%▼ -1.9 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.4%▲ +0.6 percentage points vs 07-2026
09-2026: 1.6%▲ +0.2 percentage points vs 08-2026
10-2026: 0.4%▼ -1.2 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 77 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.28, cash €41,920
lowers risk
Size: total assets €4.8m
Founded in 2000
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 47, small). It does better than 51% of them on solvency, 21% on liquidity, 38% on profitability and 33% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as AB has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AB itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for AB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.28 (1.1 in 2024), below the usual 1.5. Short-term debt is 55.6% and cash 0.9% of total assets. 69% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 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 filingsDeviation from the deadline
2025
77 days late
2024
70 days late
2023
89 days late
2022
28 days late
2021
61 days late
2020
on the day
2019
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 46 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 9 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- A-STAR GROUP 100%equity €26.8m (2025) · 2025 annual accounts of A-STAR GROUP
Recent changes
Appointment: Ben Van Loo (managing director)
General meeting of 04-02-2026 · Gazette deed
Environmental permit granted
Verbouwen / Wijzigen Infrastructuur · Putte
Demerger: AB splits off to ABCO
Capital from €28,245.15 to €62,000 · General meeting of 29-12-2023 · Gazette deed
Demerger proposal: AB NV splits off to ABCO BV
A-Star Group NV holds all the shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AB Putte | €4.8m | €0.7m | 31.0% | 0 |
| VAN ISTERBEEK Sint-Pieters-Leeuw | €5.2m | €0.5m | 28.6% | 0 |
| GARAGE BEYERS - CLAES Antwerp | €4.6m | €0.7m | 91.9% | 0 |
| GARAGE FRIJTERS Kalmthout | €6.5m | €0.3m | 81.9% | 0 |
| GARAGE OOMS - RENAULT Antwerp | €6.3m | €1.7m | 7.5% | 0 |
| LM SALES Ypres | €2.4m | €0.6m | 78.3% | 0 |
| GARAGE MARVELLE Gembloux | €2.6m | €0.9m | 42.5% | 0 |
These companies have the same main activity as AB: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €2.4m and €6.5m, founded between 1980 and 2003.
Official details
Source: KBO- Status
- Active since 18-01-2000Normal situation
- Activity
- Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 5 others
- Joint committee
- 201Independent retail · annual accounts 2024
- Establishment units
- 2.097.489.7922580 Putte, since 07-08-2000
- 2.345.481.3782800 Mechelen, since 02-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Insights on AB
AB has existed since 2000. In 2021 the gross margin rose from €93,914 to €545,851.
A-STAR GROUP holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AB
- What is the company number of AB?
- The company number of AB is 0469.439.022. The VAT number is the same number with BE in front: BE 0469.439.022.
- Where is AB based?
- The registered office is at Aarschotbaan 14-16, 2580 Putte.Company details
- What does AB do?
- According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
- What is the legal form of AB?
- AB is a public limited company (NV).
- When was AB founded?
- AB was founded on 18-01-2000.
- Is AB still active?
- Yes, AB is an active enterprise in the KBO register.
- How many employees does AB have?
- AB had an average of 0.9 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does AB fall under?
- In its 2024 annual accounts, AB states joint committee 201 (Independent retail).
- What is the turnover of AB?
- The turnover in financial year 2025 is ≈ €5.8m. This figure is estimated from the gross margin of €667,213 and 30 comparable companies (NACE 47811). It probably lies between €3.3m and €8.8m.
- Is AB profitable?
- In financial year 2025, AB made a loss of €11,725.
- Where can I find the annual accounts of AB?
- AB filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AB due?
- AB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies See the other companies in the same group.A-STAR GROUP · 24 companies
See how customers, suppliers and banks see your own company and what to improve first.