AB OPERATIONS
The 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 96 sector peers (fiscal year 2024).
| Equity | €-1.31M |
| Net result | €-484k |
| Staff (FTE) | 23.5 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -215.4% | 7.8% | |
| Net result | €-484k | €-7k | |
| Equity | €-1.31M | €94k | |
| Gross operating margin | €920k | €177k | |
| Staff costs | €1.28M | €330k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-433k |
| Net profit | €-484k |
| Cash flow | €-473k |
| Staff costs | €1.28M |
| Income taxes | - |
| Dividends | - |
| Total assets | €609k |
| Equity | €-1.31M |
| Debt | €1.92M |
| of which ≤ 1y | €1.69M |
| of which > 1y | €225k |
| Working capital | €-1.44M |
| Employees (FTE) | 23.5 |
| 2024 | |
|---|---|
| Current ratio | 0.15 |
| Quick ratio | 0.13 |
| Working capital ratio | -236.8% |
| Solvency | -215.4% |
| Debt / equity | -1.46 |
| Long-term debt ratio | -0.17 |
| Interest coverage | -9.58 |
| Gross margin | - |
| Net margin | - |
| ROA | -79.5% |
| ROE | 36.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €609k |
| Fixed assets | 21/28 | €355k |
| Intangible fixed assets | 21 | €34k |
| Tangible fixed assets | 22/27 | €321k |
| Current assets | 29/58 | €253k |
| Stocks & contracts in progress | 3 | €35k |
| Amounts receivable within one year | 40/41 | €95k |
| Cash & bank | 54/58 | €104k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €609k |
| Equity | 10/15 | €-1.31M |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-1.33M |
| Amounts payable | 17/49 | €1.92M |
| Amounts payable after one year | 17 | €225k |
| Amounts payable within one year | 42/48 | €1.69M |
| Trade debts payable within one year | 44 | €398k |
| Income statement | ||
| Gross operating margin | 9900 | €920k |
| Operating result | 9901 | €-444k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €45k |
| Result before taxes | 9903 | €-484k |
| Net result for the period | 9904 | €-484k |
| Result to be appropriated | 9905 | €-484k |
| NACE primary | Accommodation(55100) |
| Legal form | Private limited company(610) |
| Incorporation | 07-06-2021 |
| Status | Active |
| Postal code | 3798 |
| First BS signal | 14-04-2025 |
| Latest BS signal | 03-07-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73075C1168/00B000 | Flanders | 6,857 m² | 1 · 2,529 m² | 18.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
06-04-2022 Publication in the Belgian Official Gazette, Minor change
Technical details
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}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | AB OPERATIONS |