Skip to content

AB INITIO

Active
Private limited companyfounded 20251 yr activeChemin de Feluy 78, 7090 Braine-le-Comte, BelgiumKBO/BCE: BE 1021.034.272
Summary

AB INITIO has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,056 and a net result of €22,056. Its solvency ranks better than 30% of 3337 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes
Profitability91
Solvency46
Growth-
Track record67
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.26; short-term debt: 79.4% and cash: 20.1% of total assets), and 79.4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
20.6%
Return on assets
18.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
28 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 14 March 2025, AB INITIO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€25,056
Total assets
€121,415
Net result
€22,056
Working capital
€24,675

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €121,415
Fixed assets €385
Current assets €121,030
Equity and liabilities €121,415
Equity €25,056
Debt €96,359
Debt finances 79.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€35,904
Cash flow
€22,197
Current ratio
1.26
Debt to equity
3.85
ROE
88.0%
ROA
18.2%
Interest coverage
35.80
Debt ≤ 1 year
€96,355
Income taxes
€12,750

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,390 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 38 lines
Balance sheet Code2025
Assets
Total assets20/58€121,415
Fixed assets21/28€385
Tangible fixed assets22/27€385
Furniture and vehicles24€385
Current assets29/58€121,030
Amounts receivable within one year40/41€96,581
Trade receivables40€92,819
Other amounts receivable41€3,762
Cash at bank and in hand54/58€24,375
Deferred charges and accrued income490/1€74
Equity and liabilities
Total equity and liabilities10/49€121,415
Equity10/15€25,056
Contributions10/11€3,000
Reserves13€22,056
Distributable reserves133€22,056
Amounts payable17/49€96,359
Amounts payable within one year42/48€96,355
Trade debts44€75,499
Suppliers440/4€75,499
Taxes, remuneration and social security45€4,346
Taxes450/3€4,346
Other amounts payable47/48€16,509
Accrued charges and deferred income492/3€4
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141
Other operating charges640/8€1,770
Gross operating margin9900€37,674
Operating profit (loss)9901€35,763
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€1,003
Recurring financial charges65€1,003
Profit (loss) for the period before taxes9903€34,807
Income taxes67/77€12,750
Profit (loss) for the period9904€22,056
Profit (loss) for the period to be appropriated9905€22,056
Appropriation of the result
Profit (loss) to be appropriated9906€22,056
Transfer to equity691/2€22,056
To other reserves6921€22,056

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141
Other operating charges640/8€1,770
Gross operating margin9900€37,674
Operating profit (loss)9901€35,763
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€1,003
Recurring financial charges65€1,003
Profit (loss) for the period before taxes9903€34,807
Income taxes67/77€12,750
Profit (loss) for the period9904€22,056
Profit (loss) for the period to be appropriated9905€22,056
Line2025
Assets
Total assets20/58€121,415
Fixed assets21/28€385
Tangible fixed assets22/27€385
Furniture and vehicles24€385
Current assets29/58€121,030
Amounts receivable within one year40/41€96,581
Trade receivables40€92,819
Other amounts receivable41€3,762
Cash at bank and in hand54/58€24,375
Deferred charges and accrued income490/1€74
Equity and liabilities
Total equity and liabilities10/49€121,415
Equity10/15€25,056
Contributions10/11€3,000
Reserves13€22,056
Distributable reserves133€22,056
Amounts payable17/49€96,359
Amounts payable within one year42/48€96,355
Trade debts44€75,499
Suppliers440/4€75,499
Taxes, remuneration and social security45€4,346
Taxes450/3€4,346
Other amounts payable47/48€16,509
Accrued charges and deferred income492/3€4
Line2025
Profit (loss) for the period9904€22,056
+ Depreciation and write-downs630€141
Operating cash flow (approximation)€22,197

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Braine-le-Comte · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,302 m²
Building footprint
97 m²
Parcel 55302C0301/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
AB INITIO
Chemin de Feluy 78, 7090 Braine-le-ComteActivities of lawyers
since 20252.371.750.661
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55302C0301/00E000 Wallonia 1,302 m² 1 · 97 m² -
Linked by address, not proof of ownership
Good to know
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 22,076 companies in sector 69101 we hold annual accounts for 9,061. 6,457 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail pierreyveshubaut@hotmail.com
Phone +32485410087
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021034272
Also 9925:BE1021034272
Registered 15-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.