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AB CLEANING

Active
Private limited companyfounded 20223 yrs activeLeeuwerikenstraat 48, 8400 Oostende, BelgiumKBO/BCE: BE 0794.490.079

The computed 12-month bankruptcy probability of AB CLEANING is 2.7% (moderate). The 2024 annual accounts show equity of €105k and a net result of €306. Its solvency ranks better than 52% of 5896 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
55 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-31
Solvency69▼-27
Growth52
Track record94
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.83 against 3.2 in 2023; short-term debt: 37% and cash: 0.5% of total assets), but 56.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← 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 2024
Solvency, return and age of the figures
Solvency
43.7%
Return on assets
0.1%
Age of the figures
20 mo
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 23-12-2025, 145 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
145 d late
2023
27 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€105k▲ 0.3%
2023 · €104k
2023: €104k
2023 → 2024
Total assets
€240k▲ 62.0%
2023 · €148k
2023: €148k
2023 → 2024
Net result
€306▼ 99.7%
2023 · €104k
2023: €104k
2023 → 2024
Working capital
€74k▼ 23.0%
2023 · €96k
2023: €96k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20232024Trend
Equity€104k-€105k▲ 0.3%
Operating result€133k-€213▼ 99.8%
Net result€104k-€306▼ 99.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2023: €133k€133kNet result 2023: €104k€104kOperating result 2024: €213€213Net result 2024: €306€30620232024
The operating result falls in 2024; 2024 is 100% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €240k
Fixed assets €77k▲ 808%
Current assets €162k▲ 16.5%
Equity and liabilities €240k
Equity €105k▲ 0.3%
Debt €135k▲ 210%
The debt ratio rises from 29.5% to 56.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9k
2023 · €138k
Cash flow
€9k
2023 · €110k
Solvency
43.7%
2023 · 70.5%
Current ratio
1.83
2023 · 3.20
Quick ratio
1.83
2023 · 3.20
Debt / equity
1.29
2023 · 0.42
ROE
0.3%
2023 · 100.0%
ROA
0.1%
2023 · 70.5%
Interest coverage
7.10
2023 · 1339.30
Debt
€135k
2023 · €44k
Debt ≤ 1 year
€89k
2023 · €44k
Debt > 1 year
€46k
Income taxes
€2k
2023 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€148k€240k
Fixed assets21/28€9k€77k
Tangible fixed assets22/27€9k€77k
Plant, machinery and equipment23€4k€2k
Furniture and vehicles24€5k€75k
Current assets29/58€139k€162k
Amounts receivable within one year40/41€47k€161k
Trade receivables40€6k€60k
Other amounts receivable41€40k€102k
Cash at bank and in hand54/58€92k€1k
Deferred charges and accrued income490/1€347-
Equity and liabilities
Total equity and liabilities10/49€148k€240k
Equity10/15€104k€105k
Reserves13€104k€105k
Distributable reserves133€104k€105k
Amounts payable17/49€44k€135k
Amounts payable after more than one year17-€46k
Financial debts170/4-€46k
Amounts payable within one year42/48€44k€89k
Current portion of amounts payable after more than one year42-€11k
Trade debts44€4k€11k
Suppliers440/4€4k€11k
Taxes, remuneration and social security45€37k€46k
Taxes450/3€35k€46k
Remuneration and social security454/9€2k-
Other amounts payable47/48€3k€21k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k
Other operating charges640/8€6k€2k
Gross operating margin9900€144k€11k
Operating profit (loss)9901€133k€213
Financial income75/76B€1k€3k
Recurring financial income75€1k€3k
Financial charges65/66B€103€1k
Recurring financial charges65€103€1k
Profit (loss) for the period before taxes9903€134k€2k
Income taxes67/77€30k€2k
Profit (loss) for the period9904€104k€306
Profit (loss) for the period to be appropriated9905€104k€306
Appropriation of the result
Profit (loss) to be appropriated9906€104k€306
Transfer to equity691/2€104k€306
To other reserves6921€104k€306

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 145 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
NBB filing

Directors · office · real estate

Directors
1 act for this company is 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, Oostende · 1 establishment unit since 2022
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Leeuwerikenstraat 488400 Oostende
Ground area
135 m²
Building footprint
110 m²
Parcel 35383C0434/00A012, Flanders. Linked by address, not a title deed.
1 establishment unit
AB CLEANING
Leeuwerikenstraat 48, 8400 OostendeSpecialised construction activities
since 20222.343.776.455
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35383C0434/00A012 Flanders 135 m² 1 · 110 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 7,356 companies in sector 81210 we hold annual accounts for 2,731. 2,139 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-12-2022
Fiscal year end31-12
Activities, NACEBEL
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.