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AB PROPERTIES

Active
Private limited company (pre-2019)founded 200322 yrs activeBelgiëlei 176, 2018 Antwerpen, BelgiumKBO/BCE: BE 0861.876.771

AB PROPERTIES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €48k and a net result of €2k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
86 / 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability24▼-35
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.97 against 3.57 in 2023), and 18.8% 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 risk+raises 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 · 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 22 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
81.2%
Return on assets
3.8%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
8 d late
2022
52 d early
2021
61 d early
2020
29 d early
2019
7 d early
← before the deadline after the 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 2024, micro schema

Equity
€48k▲ 5.0%
2023 · €46k
2018: €64k 2019: €64k 2020: €69k 2021: €48k 2022: €41k 2023: €46k
2018 → 2024
Total assets
€59k▼ 6.1%
2023 · €63k
2018: €85k 2019: €79k 2020: €86k 2021: €99k 2022: €81k 2023: €63k
2018 → 2024
Net result
€2k▼ 57.9%
2023 · €5k
2018: €-11k 2019: €193 2020: €5k 2021: €-21k 2022: €-8k 2023: €5k
2018 → 2024
Working capital
€44k▼ 0.4%
2023 · €45k
2018: €50k 2019: €60k 2020: €67k 2021: €75k 2022: €48k 2023: €45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€69k-€48k▼ 30.3%€41k▼ 16.3%€46k▲ 13.3%€48k▲ 5.0%
Operating result€7k-€-18k€-5k▲ 69.8%€7k€4k▼ 50.1%
Net result€5k-€-21k€-8k▲ 62.5%€5k€2k▼ 57.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2020: €7k€7kNet result 2020: €5k€5kOperating result 2021: €-18k€-18kNet result 2021: €-21k€-21kOperating result 2022: €-5k€-5kNet result 2022: €-8k€-8kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €4k€4kNet result 2024: €2k€2k20202021202220232024
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59k
Fixed assets €4k▲ 166%
Current assets €56k▼ 10.3%
Equity and liabilities €59k
Equity €48k▲ 5.0%
Debt €11k▼ 35.6%
The debt ratio falls from 27.4% to 18.8%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€5k
2023 · €10k
Cash flow
€4k
2023 · €8k
Solvency
81.2%
2023 · 72.6%
Current ratio
4.97
2023 · 3.57
Quick ratio
4.97
2023 · 3.57
Debt / equity
0.23
2023 · 0.38
ROE
4.7%
2023 · 11.8%
ROA
3.8%
2023 · 8.5%
Interest coverage
5.98
2023 · 6.92
Debt
€11k
2023 · €17k
Debt ≤ 1 year
€11k
2023 · €17k
Income taxes
€444
2023 · €392
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€63k€59k
Fixed assets21/28€1k€4k
Tangible fixed assets22/27€1k€4k
Plant, machinery and equipment23€283€3k
Furniture and vehicles24€1k€885
Current assets29/58€62k€56k
Amounts receivable within one year40/41€50k€52k
Trade receivables40€1k€889
Other amounts receivable41€48k€52k
Cash at bank and in hand54/58€12k€3k
Deferred charges and accrued income490/1-€298
Equity and liabilities
Total equity and liabilities10/49€63k€59k
Equity10/15€46k€48k
Contributions10/11€19k€19k=
Reserves13€45k€30k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€43k€28k
Profit (loss) carried forward14€-18k-
Amounts payable17/49€17k€11k
Amounts payable within one year42/48€17k€11k
Trade debts44€4k€5k
Suppliers440/4€4k€5k
Taxes, remuneration and social security45€8k€343
Taxes450/3€392€343
Remuneration and social security454/9€8k-
Other amounts payable47/48€5k€6k
Income statement Code20232024
Remuneration, social security and pensions62€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k
Other operating charges640/8€998€2k
Gross operating margin9900€14k€7k
Operating profit (loss)9901€7k€4k
Financial income75/76B€53€0
Recurring financial income75€53€0
Financial charges65/66B€1k€848
Recurring financial charges65€1k€848
Profit (loss) for the period before taxes9903€6k€3k
Income taxes67/77€392€444
Profit (loss) for the period9904€5k€2k
Profit (loss) for the period to be appropriated9905€5k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-16k
Profit (loss) brought forward from the previous period14P€-23k€-18k
Transfer from equity791/2-€16k

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

2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
08-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial Back to profitnet €5k
Net result €5k after 2 loss-making years.
09-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-21k ▼493%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €193
Net result €193 after one loss-making year.
06-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
10-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
17-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2003
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.

Belgiëlei 1762018 Antwerpen
Ground area
321 m²
Building footprint
302 m²
Volume, LiDAR
8,351 m³
Parcel 11806F1389/00T009, Flanders · tallest building 31.0 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
AB Properties
Belgiëlei 176, 2018 AntwerpenNACE 70311
since 20032.134.331.778
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11806F1389/00T009 Flanders 321 m² 1 · 302 m² 31.0 m · 9 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 11,700 companies in sector 68310 we hold annual accounts for 6,875. 4,829 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded27-11-2003
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.