AB NETWORK
ActiveSummary
AB NETWORK has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€484,764) and a net result of €95,011. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4909 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability44▲+5
Solvency12▲+7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 0.35 in 2024; short-term debt: 111.6% and cash: 10.5% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4909 sector peers (2025).
NBB · sector comparisonPosition among 4909 sector peers
Solvency
better than 5%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
16 d early
2023
7 d early
2022
18 d early
2021
5 d late
2020
1 d early
2019
49 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 employer in Villers-le-Bouillet, Wholesale and retail trade sector#6 company by total assets in Villers-le-Bouillet, Wholesale and retail trade sector#6 oldest company in Villers-le-Bouillet, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€95,011▲ 116%
2024 · €43,932
Working capital
-€2.0m▲ 11.2%
2024 · -€2.2m
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€147,512-€156,742▼ 6.3%-€491,257▼ 213%€222,251€240,864▲ 8.4%
Net result-€197,180-€229,288▼ 16.3%-€629,309▼ 174%€43,932€95,011▲ 116%
Equity€258,861▼ 44.4%€48,610▼ 81.2%-€588,102-€573,782▲ 2.4%-€484,764▲ 15.5%
Total assets€4.2m▲ 23.4%€3.2m▼ 23.2%€3.1m▼ 3.0%€2.9m▼ 8.6%€3.7m▲ 29.9%
Debt€3.9m▲ 34.2%€3.2m▼ 19.4%€3.7m▲ 17.0%€3.4m▼ 7.6%€4.2m▲ 22.4%
Working capital-€730,022▲ 39.2%-€1.5m▼ 99.1%-€2.2m▼ 51.1%-€2.2m▼ 0.9%-€2.0m▲ 11.2%
Staff (FTE)30.2▼ 7.1%32▲ 6.0%38.4▲ 20.0%36.6▼ 4.7%33.9▼ 7.4%
Why a figure moved sharply
- 2023 Net result -174% on 2022. Cause not known from the registers.
- 2022 Equity -81% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.7m
Fixed assets
€1.5m ▼ 6.6%
Current assets
€2.2m ▲ 79.4%
Key figures and ratios
EBITDA
€381,757▲
2024 · €363,447
Cash flow
€235,904▲
2024 · €185,128
Solvency
-13.0%▲
2024 · -20.1%
Current ratio
0.53▲
2024 · 0.35
Debt to equity
-8.67▼
2024 · -5.98
ROA
2.6%▲
2024 · 1.5%
Interest coverage
2.69▲
2024 · 2.16
Debt ≤ 1 year
€4.1m▲
2024 · €3.4m
Debt > 1 year
€0=
2024 · €0
Income taxes
€10,039▼
2024 · €11,432
Staff costs
€3.1m▼
2024 · €3.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 516 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.
- Small
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.5%
went bankrupt
3.9%
stopped otherwise
92%
still going
A further 1.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 516 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2.4m | €2.3m | €3.2m | €3.1m | €3.1m | ▼ 2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €125,891 | €123,115 | €135,872 | €141,197 | €140,893 | ▼ 0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€37,967 | €0 | €0 | €0 | €0 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €0 | €0 | €0 | €0 | €0 | - |
| Other operating charges640/8 | €41,859 | €905 | €17,165 | €2,300 | €35,773 | ▲ 1,455% |
| Non-recurring operating charges66A | €0 | €0 | €0 | €0 | €0 | - |
| Gross operating margin9900 | €2.4m | €2.3m | €2.8m | €3.5m | €3.5m | ▼ 0.5% |
| Operating profit (loss)9901 | -€147,512 | -€156,742 | -€491,257 | €222,251 | €240,864 | ▲ 8.4% |
| Financial income75/76B | €9,266 | €9,705 | €7,973 | €1,659 | €6,033 | ▲ 264% |
| Recurring financial income75 | €9,266 | €9,705 | €7,973 | €1,659 | €6,033 | ▲ 264% |
| Non-recurring financial income76B | €0 | €0 | €0 | €0 | €0 | - |
| Financial charges65/66B | €53,454 | €74,162 | €135,479 | €168,547 | €141,847 | ▼ 15.8% |
| Recurring financial charges65 | €53,454 | €74,162 | €135,479 | €168,547 | €141,847 | ▼ 15.8% |
| Profit (loss) for the period before taxes9903 | -€191,700 | -€221,198 | -€618,763 | €55,363 | €105,050 | ▲ 89.7% |
| Transfer from deferred taxes780 | €1,182 | €0 | €0 | €0 | €0 | - |
| Income taxes67/77 | €6,662 | €8,090 | €10,546 | €11,432 | €10,039 | ▼ 12.2% |
| Profit (loss) for the period9904 | -€197,180 | -€229,288 | -€629,309 | €43,932 | €95,011 | ▲ 116% |
| Profit (loss) for the period to be appropriated9905 | -€197,180 | -€229,288 | -€629,309 | €43,932 | €95,011 | ▲ 116% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.2m | €3.2m | €3.1m | €2.9m | €3.7m | ▲ 29.9% |
| Fixed assets21/28 | €1.9m | €1.9m | €1.7m | €1.6m | €1.5m | ▼ 6.6% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €1.9m | €1.8m | €1.7m | €1.6m | €1.5m | ▼ 7.9% |
| Land and buildings22 | €1.9m | €1.8m | €1.7m | €1.6m | €1.4m | ▼ 7.0% |
| Plant, machinery and equipment23 | €0 | €0 | €0 | €0 | €0 | - |
| Furniture and vehicles24 | €10,831 | €49,322 | €47,732 | €81,232 | €48,304 | ▼ 40.5% |
| Leasing and similar rights25 | €0 | €0 | €0 | €0 | €0 | - |
| Other tangible fixed assets26 | - | - | - | - | €11,753 | - |
| Financial fixed assets28 | €55,210 | €55,890 | €16,340 | €5,840 | €27,403 | ▲ 369% |
| Current assets29/58 | €2.3m | €1.3m | €1.4m | €1.2m | €2.2m | ▲ 79.4% |
| Amounts receivable after more than one year29 | €9,312 | €88 | €0 | €0 | €0 | - |
| Trade receivables290 | €9,312 | €88 | €0 | €0 | €0 | - |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Stocks30/36 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.4m | €964,655 | €1.1m | €1.0m | €1.7m | ▲ 69.9% |
| Trade receivables40 | €1.4m | €963,495 | €1.1m | €1.0m | €1.7m | ▲ 70.2% |
| Other amounts receivable41 | €304 | €1,160 | €5,367 | €1,571 | €0 | ▼ 100% |
| Current investments50/53 | €1,477 | €1,477 | €1,477 | €1,477 | €3,411 | ▲ 131% |
| Cash at bank and in hand54/58 | €162,221 | €199,197 | €205,710 | €166,206 | €391,491 | ▲ 136% |
| Deferred charges and accrued income490/1 | €726,570 | €183,831 | €60,991 | €42,936 | €78,574 | ▲ 83.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.2m | €3.2m | €3.1m | €2.9m | €3.7m | ▲ 29.9% |
| Equity10/15 | €258,861 | €48,610 | -€588,102 | -€573,782 | -€484,764 | ▲ 15.5% |
| Contributions10/11 | €234,368 | €234,368 | €234,368 | €234,368 | €234,368 | = |
| Capital10 | €234,368 | €234,368 | €234,368 | €234,368 | €234,368 | = |
| Issued capital100 | €234,368 | €234,368 | €234,368 | €234,368 | €234,368 | = |
| Reserves13 | €95,153 | €95,153 | €95,153 | €95,153 | €95,153 | = |
| Non-distributable reserves130/1 | €15,437 | €15,437 | €15,437 | €15,437 | €15,437 | = |
| Legal reserve130 | €15,437 | €15,437 | €15,437 | €15,437 | €15,437 | = |
| Reserves not available under the articles1311 | €0 | €0 | €0 | €0 | €0 | - |
| Tax-exempt reserves132 | €77,237 | €77,237 | €77,237 | €77,237 | €77,237 | = |
| Distributable reserves133 | €2,479 | €2,479 | €2,479 | €2,479 | €2,479 | = |
| Profit (loss) carried forward14 | -€170,751 | -€400,039 | -€1.0m | -€985,417 | -€890,406 | ▲ 9.6% |
| Investment grants15 | €100,091 | €119,128 | €111,726 | €82,114 | €76,121 | ▼ 7.3% |
| Provisions and deferred taxes16 | €0 | €0 | €0 | €0 | €0 | - |
| Provisions for liabilities and charges160/5 | €0 | €0 | €0 | €0 | €0 | - |
| Other liabilities and charges164/5 | €0 | €0 | €0 | €0 | €0 | - |
| Deferred taxes168 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €3.9m | €3.2m | €3.7m | €3.4m | €4.2m | ▲ 22.4% |
| Amounts payable after more than one year17 | €0 | €0 | €0 | €0 | €0 | - |
| Financial debts170/4 | €0 | €0 | €0 | €0 | €0 | - |
| Other amounts payable178/9 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts payable within one year42/48 | €3.0m | €2.8m | €3.6m | €3.4m | €4.1m | ▲ 20.9% |
| Current portion of amounts payable after more than one year42 | €0 | €0 | €0 | €0 | €0 | - |
| Financial debts43 | €0 | €0 | €0 | €0 | €0 | - |
| Credit institutions430/8 | €0 | €0 | €0 | €0 | €0 | - |
| Trade debts44 | €779,905 | €638,921 | €1.4m | €937,011 | €1.4m | ▲ 47.3% |
| Suppliers440/4 | €779,905 | €638,921 | €1.4m | €937,011 | €1.4m | ▲ 47.3% |
| Advances received on contracts in progress46 | €500 | €0 | €1,159 | €30,979 | €4,918 | ▼ 84.1% |
| Taxes, remuneration and social security45 | €382,217 | €331,300 | €384,804 | €374,648 | €511,331 | ▲ 36.5% |
| Taxes450/3 | €166,943 | €66,230 | €72,774 | €64,993 | €229,883 | ▲ 254% |
| Remuneration and social security454/9 | €215,274 | €265,070 | €312,031 | €309,655 | €281,448 | ▼ 9.1% |
| Other amounts payable47/48 | €1.8m | €1.8m | €1.9m | €2.1m | €2.3m | ▲ 7.8% |
| Accrued charges and deferred income492/3 | €941,335 | €373,730 | €111,798 | €4,349 | €54,397 | ▲ 1,151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€197,180 | -€229,288 | -€629,309 | €43,932 | €95,011 | ▲ 116% |
| + Depreciation and write-downs630 | €125,891 | €123,115 | €135,872 | €141,197 | €140,893 | ▼ 0.2% |
| Operating cash flow (approximation) | -€71,290 | -€106,173 | -€493,438 | €185,128 | €235,904 | ▲ 27.4% |
| Investment in fixed assets (approximation) | - | -€68,692 | €20,246 | -€67,092 | -€32,664 | ▲ 51.3% |
| Change in cash | - | €36,976 | €6,513 | -€39,504 | €225,286 | ▲ 670% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €43,932
Net result €43,932 after 3 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet -€629,309
Net result drops to -€629,309, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €150,582
Net result €150,582 after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Villers-le-Bouillet · 2 establishment units since 1996
Ground area
18.1 ha
Building footprint
4.5 ha
Volume, LiDAR
1,467 m³
2 parcels, Flanders, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue de l'Avenir 4, 4530 Villers-le-Bouillet
since 19962.031.053.702
Routz.be
since 20212.321.106.664
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0060/00S000 | Flanders | 17.8 ha | 1 · 4.5 ha | - |
| 61068A0502/00C000 | Wallonia | 2,896 m² | 1 · 194 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- SSC PLUS HOLDING BVNL
- AB NETWORK
Highest known parent: SSC PLUS HOLDING BV (Netherlands). The sources do not say who stands above it.
Owners 1
- SSC PLUS HOLDING BVNLparentSourceown accounts 202590%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of AB NETWORK and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 1,244 companies in sector 46643 we hold annual accounts for 953. 456 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
47400Retail sale of information and communication equipment
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430089288
Registered
27-03-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.