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AB Möbel

Active Private limited companyfounded 2024active for 2 yearsWerthplatz 1, 4700 EupenKBO/BCE: BE 1009.601.338

Lifetime

2 annual accounts with figures on one time axis
peak -€2,281 (2025)
-€2,281▲ €5,346
lowest -€7,787 (2024)
-€2,492▲ €5,295
peak -€3,287 (2024)
-€5,779▼ €2,492
€29,590▲ 16.0%
Board4 names since 2024
2 directorsALTAY Hasan Burak and 1 other
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Gross margin from -€7,628 to -€2,281Loss of €2,492Equity from -€3,287 to -€5,779Debts from €25,508 to €29,590Cash from €5,715 to €3,481

Key points

from the 2025 annual accounts

Equity

-€5,779
20242025

Debts exceed assets in financial year 2025.

Losses

-€10,279 in two years
-7,7872024-2,4922025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Debts

€29,590 124% of the balance sheet
Financial debts 0%Suppliers 54%Taxes and wages 7%Other 39%

Board

1 joined · 3 left

Board changed. Latest change 30-09-2026 · 1 in office.

Position in the sector

-24.3%

Lower solvency than 85% of companies in wholesale trade. Sector median 40.5% · 13,800 companies.

Turnover not published (micro format)

Checked score

36
Weak
Financially stronger than 13% of micro companies in wholesale trade (NACE 46)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 06-2025: 2.7% 07-2025: 2.7%● unchanged vs 06-2025 08-2025: 2.8%▲ +0.1 percentage points vs 07-2025 09-2025: 2.0%▼ -0.8 percentage points vs 08-2025lowest value 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.1%▲ +0.1 percentage points vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.2%▲ +0.1 percentage points vs 12-2025 02-2026: 2.3%▲ +0.1 percentage points vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.4%▲ +0.1 percentage points vs 03-2026 05-2026: 2.6%▲ +0.2 percentage points vs 04-2026 06-2026: 4.9%▲ +2.3 percentage points vs 05-2026 07-2026: 5.0%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 4.5%▼ -0.5 percentage points vs 07-2026 09-2026: 4.5%● unchanged vs 08-2026 10-2026: 4.5%● unchanged vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026

Financial strength
Weak

1-9equity -24.3% of total assets
18-14short-term debt 124.3% · cash 14.6%
11+11return on assets -10.5%

Score breakdown

raises risk
No registered site in the KBO
1 change of registered office in 24 months
Negative equity -€5,779
lowers risk
Figures for financial year 2025 (filed on 28-07-2026)
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 46, micro). It does better than 12% of them on solvency, 18% on liquidity, 17% on profitability and 7% on growth.

The bankruptcy probability was computed on 08-11-2026 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 elevated class on 30-06-2025, 6.3% 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, 7,639 companies had the same profile as AB Möbel has now. Each dot stands for 20 companies, two years later.

84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of AB Möbel itself: 4.5% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 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 7,639 companies, not a prediction for AB Möbel. 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

No credit on open account

Liquidity is insufficient, with a current ratio of 0.75 (0.8 in 2024), below 1. Short-term debt is 124.3% and cash 14.6% of total assets. Equity is negative.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€5,779
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€5,779
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
3 days early
2024
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 11 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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.
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

CD
Director
  • OEZCELIK Yunus 20 sharesdeed of 31-05-2024
  • ALTAY Hasan Burak 40 sharesdeed of 31-05-2024
  • KELEK Fatma 40 sharesdeed of 31-05-2024
Board & ownership

Recent changes

1 director appointed, 2 resignations Resignations: Altay Hasan and Kelek Fatma · Appointment: Cetinkaya Duhan · General meeting of 03-09-2026 · Gazette deed
Registered office moved within Eupen New registered office: Werthplatz 1, 4700 Eupen · Previous registered office: GOSPERTSTRASSE 106, 4700 EUPEN · General meeting of 07-04-2026 · Gazette deed
Resignation: Oezcelik Yunus (director) General meeting of 02-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:1009601338
All 7 events

Comparable companies

same main activity, similar in size and age
Company
AB Möbel Eupen €23,811 -€2,281 -24.3% -
IterArtis Manage €18,430 -€12,198 -58.7% -
TOTAL COMFORT Antwerp €31,114 -€9,012 -70.9% -
CUST'HOME CONCEPT Jemeppe-sur-Sambre €24,834 -€14,014 -274.3% -
Ay Consulting Aarschot €60,465 -€10,596 -43.1% -
JAEVER Arendonk €21,782 €466 -62.1% -
MAREAU Jabbeke €84,770 €1,883 11.4% -

These companies have the same main activity as AB Möbel: wholesale trade (NACE 46471). They are comparable in size and age: total assets between €18,400 and €84,800, founded between 2020 and 2024.

Official details

Source: KBO
Status
Active since 22-05-2024Normal situation
Activity
Wholesale tradeNACE 46471and 2 others
Financial year end
31 December
Peppol
Reachable since 22-12-2025
Company details

Annual accounts 2025

€23,811▲ 7.2%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on AB Möbel

The computed 12-month bankruptcy probability of AB Möbel is 4.5% (elevated). The 2025 annual accounts show negative equity (-€5,779) and a net result of -€2,492.

Its solvency ranks better than 14% of 13,800 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

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 Möbel

What is the company number of AB Möbel?
The company number of AB Möbel is 1009.601.338. The VAT number is the same number with BE in front: BE 1009.601.338.
Where is AB Möbel based?
The registered office is at Werthplatz 1, 4700 Eupen.Company details
What does AB Möbel do?
According to the KBO register, the main activity is wholesale trade (NACE 46471).
What is the legal form of AB Möbel?
AB Möbel is a private limited company (BV).
When was AB Möbel founded?
AB Möbel was founded on 22-05-2024.
Is AB Möbel still active?
Yes, AB Möbel is an active enterprise in the KBO register.
What is the turnover of AB Möbel?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is AB Möbel profitable?
In financial year 2025, AB Möbel made a loss of €2,492.
Where can I find the annual accounts of AB Möbel?
AB Möbel filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of AB Möbel due?
AB Möbel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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