AB GLOBAL
BankruptcyThe KBO register records for AB GLOBAL the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €405k and a net result of €214k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
Financials · fiscal year 2024, full schema
Turnover
€851k▲ 72.7%
2023 · €493k
2020: €81k
2023: €493k
2020 → 2024
EBIT margin
31.4%▲ 15.0pp
2023 · 16.4%
2020: 49.3%
2023: 16.4%
2020 → 2024
Net result
€214k▲ 261%
2023 · €59k
2018: €-186
2019: €-554
2020: €40k
2021: €29k
2022: €57k
2023: €59k
2018 → 2024
Working capital
€297k▲ 155%
2023 · €116k
2018: €-997
2019: €-2k
2020: €7k
2021: €23k
2022: €66k
2023: €116k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€81k-€493k€851k▲ 72.7%
Equity€19k-€48k▲ 156%€108k▲ 125%€167k▲ 55.0%€405k▲ 142%
Operating result€40k-€27k▼ 31.6%€57k▲ 109%€81k▲ 41.6%€268k▲ 231%
Net result€40k-€29k▼ 27.2%€57k▲ 94.3%€59k▲ 4.6%€214k▲ 261%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 231% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €840k
Fixed assets
€346k▲ 335%
Current assets
€493k▲ 125%
Equity and liabilities €840k
Equity
€405k▲ 142%
Debt
€435k▲ 231%
The debt ratio rises from 44.0% to 51.8%. Equity and debt are higher.
Key figures and ratios
Solvency
48.2%▼
2023 · 56.0%
Current ratio
2.51▲
2023 · 2.13
Quick ratio
2.51▲
2023 · 2.13
Debt / equity
1.07▲
2023 · 0.78
ROE
52.9%▲
2023 · 35.5%
ROA
25.5%▲
2023 · 19.9%
Debt
€435k▲
2023 · €131k
Debt ≤ 1 year
€197k▲
2023 · €103k
Income taxes
€54k▲
2023 · €20k
Staff costs
€411k▲
2023 · €164k
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€298k€840k▲
Fixed assets21/28€80k€346k▲
Tangible fixed assets22/27€80k€346k▲
Plant, machinery and equipment23€867-
Furniture and vehicles24€79k€346k▲
Current assets29/58€219k€493k▲
Amounts receivable within one year40/41€127k€12k▼
Trade receivables40€109k-
Other amounts receivable41€19k€12k▼
Cash at bank and in hand54/58€91k€108k▲
Deferred charges and accrued income490/1-€373k
Equity and liabilities
Total equity and liabilities10/49€298k€840k▲
Equity10/15€167k€405k▲
Contributions10/11€22k€43k▲
Capital10€22k€43k▲
Issued capital100€22k€43k▲
Reserves13€2k€4k▲
Non-distributable reserves130/1€2k€4k▲
Legal reserve130€2k€4k▲
Profit (loss) carried forward14€144k€358k▲
Amounts payable17/49€131k€435k▲
Amounts payable within one year42/48€103k€197k▲
Trade debts44€6k-
Suppliers440/4€6k-
Taxes, remuneration and social security45€97k€197k▲
Taxes450/3-€56k
Remuneration and social security454/9€97k€141k▲
Accrued charges and deferred income492/3€28k€238k▲
Income statement
Code20232024
Turnover70€493k€851k▲
Remuneration, social security and pensions62€164k€411k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k-
Other operating charges640/8€751€2k▲
Gross operating margin9900€280k€680k▲
Operating profit (loss)9901€81k€268k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€4k-
Recurring financial charges65€656-
Non-recurring financial charges66B€3k-
Profit (loss) for the period before taxes9903€79k€268k▲
Income taxes67/77€20k€54k▲
Profit (loss) for the period9904€59k€214k▲
Profit (loss) for the period to be appropriated9905€59k€214k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€358k▲
Profit (loss) brought forward from the previous period14P€84k€144k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
22-05
KBO administration
Strikeout withdrawn
12-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 285 days late
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 641 days late
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 871 days late
18-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1236 days late
2024
31-12
Financial
Highest result since 2018net €214k ▲261%
Operating result €268k, net result €214k, both a record.
31-12
Financial
Equity above €200kEq €405k ▲142%
5 profitable years in a row build equity to €405k.
2023
31-12
Financial
Equity above €150kEq €167k ▲55%
4 profitable years in a row build equity to €167k.
2022
31-12
Financial
Equity above €100kEq €108k ▲125%
3 profitable years in a row build equity to €108k.
2021
31-12
Financial
Liquidity doublescurrent ratio 2.81
Current ratio from 1.33 to 2.81; short-term debt falls from €20k to €13k.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 109 days late
2020
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 41 days late
2019
31-12
Financial
Weakest financial yearnet €-554
Net result drops to €-554, the lowest in the series.
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 289 days late
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
15-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 76 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, Mouscron · 1 establishment unit since 2010
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.
Couëtstraat 187700 MouscronGround area
281 m²
Building footprint
143 m²
Volume, LiDAR
1,670 m³
2 parcels, Brussels, Wallonia · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AB Global
since 20102.194.447.727
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0087/00P052 | Brussels | 144 m² | 1 · 99 m² | 17.0 m · 5 fl. |
| 54434F1020/00E003 | Wallonia | 136 m² | 1 · 43 m² | 9.2 m · 3 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 4,529 companies in sector 74301 we hold annual accounts for 719. 443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2010
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
74300Other professional, scientific and technical activities
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.