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AB PROJECTS

Active
Private limited companyfounded 201114 yrs activeKruipmosstraat 10, 3600 Genk, BelgiumKBO/BCE: BE 0841.579.918

AB PROJECTS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €3k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 43% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+48
Solvency46▲+3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.33 in 2024; short-term debt: 33.1% and cash: 3.2% of total assets), and 79.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
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
20.9%
Return on assets
0.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 14 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 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 · 10 filings
Deviation from the deadline
2025
6 d late
2024
29 d late
2023
31 d late
2022
50 d late
2021
29 d late
2020
27 d late
2019
91 d late
← before the deadline after the deadline →
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 months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€121k▲ 2.6%
2024 · €117k
2018: €149k 2019: €207k 2020: €249k 2021: €287k 2022: €139k 2023: €161k 2024: €117k
2018 → 2025
Total assets
€577k▼ 10.5%
2024 · €645k
2018: €2.54M 2019: €1.85M 2020: €1.20M 2021: €1.02M 2022: €876k 2023: €731k 2024: €645k
2018 → 2025
Net result
€3k
2024 · €-44k
2018: €27k 2019: €58k 2020: €42k 2021: €38k 2022: €-148k 2023: €22k 2024: €-44k
2018 → 2025
Working capital
€-141k▲ 4.1%
2024 · €-147k
2018: €1.81M 2019: €965k 2020: €492k 2021: €11k 2022: €-132k 2023: €-64k 2024: €-147k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€287k-€139k▼ 51.5%€161k▲ 16.0%€117k▼ 27.1%€121k▲ 2.6%
Operating result€57k-€-133k€36k€-33k€13k
Net result€38k-€-148k€22k€-44k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100kOperating result 2021: €57k€57kNet result 2021: €38k€38kOperating result 2022: €-133k€-133kNet result 2022: €-148k€-148kOperating result 2023: €36k€36kNet result 2023: €22k€22kOperating result 2024: €-33k€-33kNet result 2024: €-44k€-44kOperating result 2025: €13k€13kNet result 2025: €3k€3k20212022202320242025
The operating result returns to profit in 2025: €13k after a loss of €33k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €577k
Fixed assets €528k▼ 8.0%
Current assets €49k▼ 30.8%
Equity and liabilities €577k
Equity €121k▲ 2.6%
Debt €457k▼ 13.4%
The debt ratio falls from 81.8% to 79.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€58k
2024 · €13k
Cash flow
€49k
2024 · €2k
Solvency
20.9%
2024 · 18.2%
Current ratio
0.26
2024 · 0.33
Quick ratio
0.26
2024 · 0.33
Debt / equity
3.79
2024 · 4.49
ROE
2.6%
2024 · -37.2%
ROA
0.5%
2024 · -6.8%
Interest coverage
6.29
2024 · 1.27
Debt
€457k
2024 · €528k
Debt ≤ 1 year
€191k
2024 · €219k
Debt > 1 year
€266k
2024 · €309k
Income taxes
€477
2024 · €720
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€645k€577k
Fixed assets21/28€574k€528k
Tangible fixed assets22/27€574k€528k
Land and buildings22€574k€528k
Plant, machinery and equipment23€110-
Current assets29/58€71k€49k
Amounts receivable within one year40/41€10k€17k
Trade receivables40€6k€8k
Other amounts receivable41€4k€8k
Cash at bank and in hand54/58€52k€18k
Deferred charges and accrued income490/1€10k€14k
Equity and liabilities
Total equity and liabilities10/49€645k€577k
Equity10/15€117k€121k
Contributions10/11€189k€189k=
Reserves13€45k€45k=
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€-116k€-113k
Amounts payable17/49€528k€457k
Amounts payable after more than one year17€309k€266k
Financial debts170/4€309k€266k
Amounts payable within one year42/48€219k€191k
Current portion of amounts payable after more than one year42€42k€43k
Trade debts44€1k€13k
Suppliers440/4€1k€13k
Taxes, remuneration and social security45€41k€477
Taxes450/3€41k€477
Other amounts payable47/48€135k€135k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€46k
Other operating charges640/8€14k€41k
Gross operating margin9900€28k€99k
Operating profit (loss)9901€-33k€13k
Financial income75/76B€69€251
Recurring financial income75€69€251
Financial charges65/66B€10k€9k
Recurring financial charges65€10k€9k
Profit (loss) for the period before taxes9903€-43k€4k
Income taxes67/77€720€477
Profit (loss) for the period9904€-44k€3k
Profit (loss) for the period to be appropriated9905€-44k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€-116k€-113k
Profit (loss) brought forward from the previous period14P€-72k€-116k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
06-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial Equity above €150kEq €161k ▲16%
Equity rises from €139k to €161k.
19-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
31-12
Financial Weakest financial yearnet €-148k ▼494%
Net result drops to €-148k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Highest result since 2018net €58k ▲110%
Operating result €128k, net result €58k, both a record.
31-12
Financial Equity above €200kEq €207k ▲38.7%
2 profitable years in a row build equity to €207k.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
05-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 66 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Genk · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Kruipmosstraat 103600 Genk
Ground area
795 m²
Building footprint
145 m²
Volume, LiDAR
979 m³
Parcel 71308A0816/00C082, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AB PROJECTS
Kruipmosstraat 10, 3600 GenkReal estate activities
since 20122.306.230.329
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71308A0816/00C082 Flanders 795 m² 1 · 145 m² 10.5 m · 3 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.

Similar companies · same sector, comparable size

Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 5,234 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-12-2011
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.