AB OPERATIONS
ActiveThe file of AB OPERATIONS contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show negative equity (€-1.31M) and a net result of €-484k. Equity is shrinking by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 669 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency33=
Growth32▼-26
Stability54
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.25 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-215.4%
Return on assets
-79.5%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€1.3M
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
1 d early
2022
14 d early
2021
13 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-1.31M▼ 58.5%
2023 · €-827k
2021: €-338k
2022: €-637k
2023: €-827k
2021 → 2024
Total assets
€609k▲ 98.0%
2023 · €307k
2021: €146k
2022: €222k
2023: €307k
2021 → 2024
Net result
€-484k▼ 154%
2023 · €-190k
2021: €-358k
2022: €-299k
2023: €-190k
2021 → 2024
Working capital
€-1.44M▼ 70.6%
2023 · €-845k
2021: €-309k
2022: €-642k
2023: €-845k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-338k-€-637k▼ 88.6%€-827k▼ 29.9%€-1.31M▼ 58.5%
Operating result€-357k-€-293k▲ 17.8%€-170k▲ 42.1%€-444k▼ 161%
Net result€-358k-€-299k▲ 16.3%€-190k▲ 36.4%€-484k▼ 154%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €444k in 2024 against €170k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €609k
Fixed assets
€355k▲ 1,238%
Current assets
€253k▼ 9.8%
Key figures and ratios
EBITDA
€-433k▼
2023 · €-166k
Cash flow
€-473k▼
2023 · €-187k
Solvency
-215.4%▲
2023 · -269.2%
Current ratio
0.15▼
2023 · 0.25
Quick ratio
0.13▼
2023 · 0.22
Debt / equity
-1.46▼
2023 · -1.37
ROE
36.9%▲
2023 · 23.0%
ROA
-79.5%▼
2023 · -61.9%
Interest coverage
-9.58▼
2023 · -7.32
Debt
€1.92M▲
2023 · €1.13M
Debt ≤ 1 year
€1.69M▲
2023 · €1.13M
Debt > 1 year
€225k▲
2023 · €9k
Staff costs
€1.28M▲
2023 · €994k
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€307k€609k▲
Fixed assets21/28€27k€355k▲
Intangible fixed assets21-€34k
Tangible fixed assets22/27€27k€321k▲
Land and buildings22€18k€286k▲
Plant, machinery and equipment23€8k€36k▲
Current assets29/58€281k€253k▼
Stocks and contracts in progress3€31k€35k▲
Stocks30/36€31k€35k▲
Amounts receivable within one year40/41€56k€95k▲
Trade receivables40€55k€94k▲
Other amounts receivable41€977€949▼
Cash at bank and in hand54/58€168k€104k▼
Deferred charges and accrued income490/1€26k€20k▼
Equity and liabilities
Total equity and liabilities10/49€307k€609k▲
Equity10/15€-827k€-1.31M▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-847k€-1.33M▼
Amounts payable17/49€1.13M€1.92M▲
Amounts payable after more than one year17€9k€225k▲
Financial debts170/4€9k€225k▲
Amounts payable within one year42/48€1.13M€1.69M▲
Current portion of amounts payable after more than one year42€12k€11k▼
Trade debts44€179k€398k▲
Suppliers440/4€179k€398k▲
Advances received on contracts in progress46€185k€382k▲
Taxes, remuneration and social security45€250k€346k▲
Taxes450/3€25k€65k▲
Remuneration and social security454/9€225k€281k▲
Other amounts payable47/48€500k€558k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Non-recurring operating income76A€275k€0▼
Remuneration, social security and pensions62€994k€1.28M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€11k▲
Other operating charges640/8€23k€76k▲
Gross operating margin9900€851k€920k▲
Operating profit (loss)9901€-170k€-444k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€23k€45k▲
Recurring financial charges65€23k€45k▲
Profit (loss) for the period before taxes9903€-190k€-484k▼
Profit (loss) for the period9904€-190k€-484k▼
Profit (loss) for the period to be appropriated9905€-190k€-484k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-847k€-1.33M▼
Profit (loss) brought forward from the previous period14P€-657k€-847k▼
Social balance
Average headcount (FTE)908717.823.5▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
03-07
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · 20250003 · event 27-06-2025
14-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 04-04-2025
2024
31-12
Financial
Weakest financial yearnet €-484k
Net result drops to €-484k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Voeren · 1 establishment unit since 2021
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.
Altenbroek 43798 VoerenGround area
6,857 m²
Building footprint
2,529 m²
Volume, LiDAR
19,353 m³
Parcel 73075C1168/00B000, Flanders · tallest building 18.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB OPERATIONS
since 20212.318.031.368
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73075C1168/00B000 | Flanders | 6,857 m² | 1 · 2,529 m² | 18.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,384 companies in sector 55100 we hold annual accounts for 1,507. 583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2021
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.