AB CONSULTING

Open bankruptcy

Private limited companyfounded 2009Steenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0819.272.886

A bankruptcy procedure is open for AB CONSULTING according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €35k and a net result of €17k.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 10-07-2023, 21 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

21 d early

2021

8 d early

2020

36 d early

2019

22 d early

← before the deadline after the deadline →

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 2022, micro schema

Equity

€35k▲ 93.4%

2021 · €18k

2018: €19k 2019: €19k 2020: €20k 2021: €18k

2018 → 2022

Total assets

€58k▲ 13.4%

2021 · €51k

2018: €19k 2019: €19k 2020: €46k 2021: €51k

2018 → 2022

Net result

€17k

2021 · €-2k

2018: €1k 2019: €615 2020: €739 2021: €-2k

2018 → 2022

Working capital

€14k

2021 · €-3k

2018: €18k 2019: €19k 2020: €28k 2021: €-3k

2018 → 2022

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019202020212022Trend

Equity€19k-€19k▲ 3.3%€20k▲ 3.9%€18k▼ 9.0%€35k▲ 93.4%

Operating result€-480-€-689▼ 43.7%€-800▼ 16.0%€-2k▼ 104%€23k

Net result€1k-€615▼ 42.2%€739▲ 20.2%€-2k€17k

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 2022: €23k after a loss of €2k in 2021, the highest year so far.

Balance-sheet composition

2022 in colour, 2021 as the grey bar beneath

Assets €58k

36.0%

64.0%

Fixed assets €21k▼ 16.8%

Current assets €37k▲ 42.3%

Equity and liabilities €58k

60.9%

39.1%

Equity €35k▲ 93.4%

Debt €23k▼ 31.1%

The debt ratio falls from 64.3% to 39.1%: equity grows while debt is paid down.

Key figures and ratios

2022 value · change against 2021

EBITDA

€31k▲

2021 · €3k

Cash flow

€24k▲

2021 · €3k

Solvency

60.9%▲

2021 · 35.7%

Current ratio

1.64▲

2021 · 0.90

Quick ratio

1.64▲

2021 · 0.74

Debt / equity

0.64▼

2021 · 1.80

ROE

48.3%▲

2021 · -9.8%

ROA

29.4%▲

2021 · -3.5%

Interest coverage

17.71▼

2021 · 20.17

Debt

€23k▼

2021 · €33k

Debt ≤ 1 year

€23k▼

2021 · €29k

Income taxes

€5k▲

2021 · €303

Staff costs

€54k▼

2021 · €84k

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 · 2022 against 2021

Balance sheet Code20212022

Assets

Total assets20/58€51k€58k▲

Fixed assets21/28€25k€21k▼

Tangible fixed assets22/27€25k€21k▼

Plant, machinery and equipment23€14k€13k▼

Furniture and vehicles24€11k€7k▼

Current assets29/58€26k€37k▲

Stocks and contracts in progress3€5k€0▼

Stocks30/36€5k€0▼

Amounts receivable within one year40/41€9k€30k▲

Trade receivables40€445€11k▲

Other amounts receivable41€9k€19k▲

Cash at bank and in hand54/58€8k€7k▼

Deferred charges and accrued income490/1€4k€0▼

Equity and liabilities

Total equity and liabilities10/49€51k€58k▲

Equity10/15€18k€35k▲

Contributions10/11€17k€17k=

Reserves13€6k€19k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€4k€17k▲

Profit (loss) carried forward14€-5k€0▲

Amounts payable17/49€33k€23k▼

Amounts payable within one year42/48€29k€23k▼

Trade debts44€19k€7k▼

Suppliers440/4€19k€7k▼

Taxes, remuneration and social security45€4k€12k▲

Taxes450/3€4k€12k▲

Other amounts payable47/48€5k€4k▼

Accrued charges and deferred income492/3€4k€0▼

Income statement Code20212022

Non-recurring operating income76A€12k€0▼

Remuneration, social security and pensions62€84k€54k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲

Other operating charges640/8€1k€1k▲

Non-recurring operating charges66A-€292

Gross operating margin9900€88k€86k▼

Operating profit (loss)9901€-2k€23k▲

Financial income75/76B€308€660▲

Recurring financial income75€308€660▲

Financial charges65/66B€159€2k▲

Recurring financial charges65€159€2k▲

Profit (loss) for the period before taxes9903€-1k€22k▲

Income taxes67/77€303€5k▲

Profit (loss) for the period9904€-2k€17k▲

Profit (loss) for the period to be appropriated9905€-2k€17k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-5k€12k▲

Profit (loss) brought forward from the previous period14P€-3k€-5k▼

Transfer to equity691/2-€12k

To other reserves6921-€12k

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

All 13Signals 1Financial 2Filings 10

2024

10-04

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · AB CONSULTING BV STEENWEG 3/402, 3540 HERK-DE-STAD · event 04-04-2024

2023

10-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €17k

Net result €17k after one loss-making year.

23-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €-2k ▼341%

Net result drops to €-2k, the lowest in the series.

25-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

09-07

NBB filing Annual accounts filed

fiscal year 2019 · micro schema

2019

04-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

25-08

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema · 25 days late

2017

24-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 24 days late

2016

19-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 19 days late

2015

20-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 20 days late

2014

07-08

NBB filing Annual accounts filed

fiscal year 2013 · abbreviated schema · 7 days late

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Herk-de-Stad · 1 establishment unit since 2009

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.

Steenweg 33540 Herk-de-Stad

Ground area

6,795 m²

Building footprint

541 m²

Volume, LiDAR

1,089 m³

2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

AB Consulting

Tiensesteenweg 289, 3800 Sint-TruidenSpecialised construction activities

since 20092.181.860.293

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71003B0070/00Z004	Flanders	5,956 m²	1 · 357 m²	-
71053G0113/00T002	Flanders	839 m²	1 · 184 m²	10.4 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	MICHAEL WARSON KUNSTLAAN 18 BUS 6, 3500 HASSELT ↔ Also on 116 other cases	04-04-2024 → present
Curator	TOM RENCKENS KUNST- LAAN 18 BUS 6, 3500 HASSELT	04-04-2024 → present