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AB SERVICES

Active
Private limited companyfounded 20205 yrs activeObere Rottergasse 22, 4700 Eupen, BelgiumKBO/BCE: BE 0759.694.003
Summary

AB SERVICES has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €550,543 and a net result of -€82,817. Equity is shrinking by ~6.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability15▼-49
Solvency84▼-16
Growth58=
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 2.37 in 2023; short-term debt: 3% and cash: 2% of total assets), and 41.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 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
58.9%
Return on assets
-8.9%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
64 d early
2022
32 d early
2021
61 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 47 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

AB SERVICES was incorporated on 11 December 2020 as a Private limited company.1 Total assets rose from EUR 798,582 in 2021 to EUR 934,657 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€82,817▼ 208%
2023 · -€26,857
Working capital
€5,936▼ 75.2%
2023 · €23,977
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
Line2021202220232024
Operating result-€108,137--€30,549▲ 71.7%-€25,099▲ 17.8%-€71,931▼ 187%
Net result-€107,624--€32,490▲ 69.8%-€26,857▲ 17.3%-€82,817▼ 208%
Equity€693,786-€660,936▼ 4.7%€633,719▼ 4.1%€550,543▼ 13.1%
Total assets€798,582-€765,077▼ 4.2%€723,308▼ 5.5%€934,657▲ 29.2%
Debt€102,103-€102,080=€88,159▼ 13.6%€383,316▲ 335%
Working capital€59,122--€4,126€23,977€5,936▼ 75.2%
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2021: -€108,137-€108,137Net result 2021: -€107,624-€107,624Operating result 2022: -€30,549-€30,549Net result 2022: -€32,490-€32,490Operating result 2023: -€25,099-€25,099Net result 2023: -€26,857-€26,857Operating result 2024: -€71,931-€71,931Net result 2024: -€82,817-€82,8172021202220232024-€100,000-€75,000-€50,000-€25,000€0Operating result 2022: -€30,549-€30,500Net result 2022: -€32,490-€32,500Operating result 2023: -€25,099-€25,100Net result 2023: -€26,857-€26,900Operating result 2024: -€71,931-€71,900Net result 2024: -€82,817-€82,800202220232024
The operating result stays negative: a loss of €71,931 in 2024 against €25,099 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €934,657
Fixed assets €900,911 ▲ 32.1%
Current assets €33,746 ▼ 18.7%
Equity and liabilities €934,657
Equity €550,543 ▼ 13.1%
Provisions €798 ▼ 44.2%
Debt €383,316 ▲ 335%
Debt's share of the balance-sheet total rises from 12.2% to 41.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€10,761▼
2023 · €46,285
Cash flow
-€124▼
2023 · €44,526
Current ratio
1.21▼
2023 · 2.37
Debt to equity
0.70▲
2023 · 0.14
ROE
-15.0%▼
2023 · -4.2%
ROA
-8.9%▼
2023 · -3.7%
Interest coverage
0.94▼
2023 · 18.53
Debt ≤ 1 year
€27,810▲
2023 · €17,508
Debt > 1 year
€355,506▲
2023 · €70,651
Income taxes
€394▲
2023 · €389
Staff costs
€4,037▲
2023 · €3,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 928 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
1.5% went bankrupt
5.6% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 928 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€723,308€934,657▲
Fixed assets21/28€681,823€900,911▲
Tangible fixed assets22/27€681,823€900,911▲
Land and buildings22€633,235€846,385▲
Plant, machinery and equipment23€25,035€16,909▼
Furniture and vehicles24€23,554€37,617▲
Current assets29/58€41,485€33,746▼
Stocks and contracts in progress3€2,000-
Contracts in progress37€2,000-
Amounts receivable within one year40/41€12,276€12,129▼
Trade receivables40€5,285€10,700▲
Other amounts receivable41€6,992€1,430▼
Cash at bank and in hand54/58€26,228€18,659▼
Deferred charges and accrued income490/1€981€2,958▲
Equity and liabilities
Total equity and liabilities10/49€723,308€934,657▲
Equity10/15€633,719€550,543▼
Contributions10/11€669,956€669,956=
Reserves13€21,156€21,156=
Non-distributable reserves130/1€8,538€8,538=
Reserves not available under the articles1311€8,538€8,538=
Distributable reserves133€12,619€12,619=
Profit (loss) carried forward14-€58,205-€141,022▼
Investment grants15€811€452▼
Provisions and deferred taxes16€1,430€798▼
Deferred taxes168€1,430€798▼
Amounts payable17/49€88,159€383,316▲
Amounts payable after more than one year17€70,651€355,506▲
Financial debts170/4€70,651€330,506▲
Other amounts payable178/9-€25,000
Amounts payable within one year42/48€17,508€27,810▲
Current portion of amounts payable after more than one year42€13,852€13,316▼
Trade debts44€2,899€11,599▲
Suppliers440/4€2,899€11,599▲
Taxes, remuneration and social security45€756-
Taxes450/3€756-
Other amounts payable47/48-€2,895
Income statement Code20232024
Remuneration, social security and pensions62€3,963€4,037▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71,383€82,693▲
Other operating charges640/8€14,191€50,872▲
Gross operating margin9900€64,439€65,670▲
Operating profit (loss)9901-€25,099-€71,931▼
Financial income75/76B€496€365▼
Recurring financial income75€496€365▼
Financial charges65/66B€2,497€11,488▲
Recurring financial charges65€2,497€11,488▲
Profit (loss) for the period before taxes9903-€27,100-€83,055▼
Transfer from deferred taxes780€632€632=
Income taxes67/77€389€394▲
Profit (loss) for the period9904-€26,857-€82,817▼
Profit (loss) for the period to be appropriated9905-€26,857-€82,817▼
Appropriation of the result
Profit (loss) to be appropriated9906-€58,205-€141,022▼
Profit (loss) brought forward from the previous period14P-€31,347-€58,205▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62€5,100-€3,963€4,037▲ 1.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,384€67,489€71,383€82,693▲ 15.8%
Other operating charges640/8€60,227€13,144€14,191€50,872▲ 258%
Gross operating margin9900-€6,425€50,084€64,439€65,670▲ 1.9%
Operating profit (loss)9901-€108,137-€30,549-€25,099-€71,931▼ 187%
Financial income75/76B€493€472€496€365▼ 26.4%
Recurring financial income75€493€472€496€365▼ 26.4%
Financial charges65/66B€268€2,677€2,497€11,488▲ 360%
Recurring financial charges65€268€2,677€2,497€11,488▲ 360%
Profit (loss) for the period before taxes9903-€107,912-€32,754-€27,100-€83,055▼ 206%
Transfer from deferred taxes780€632€632€632€632=
Income taxes67/77€344€368€389€394▲ 1.4%
Profit (loss) for the period9904-€107,624-€32,490-€26,857-€82,817▼ 208%
Profit (loss) for the period to be appropriated9905-€107,624-€32,490-€26,857-€82,817▼ 208%
Line2021202220232024Change
Assets
Total assets20/58€798,582€765,077€723,308€934,657▲ 29.2%
Fixed assets21/28€726,524€751,627€681,823€900,911▲ 32.1%
Tangible fixed assets22/27€726,524€751,627€681,823€900,911▲ 32.1%
Land and buildings22€664,303€688,982€633,235€846,385▲ 33.7%
Plant, machinery and equipment23€35,455€31,580€25,035€16,909▼ 32.5%
Furniture and vehicles24€26,765€31,065€23,554€37,617▲ 59.7%
Current assets29/58€72,058€13,451€41,485€33,746▼ 18.7%
Stocks and contracts in progress3--€2,000--
Contracts in progress37--€2,000--
Amounts receivable within one year40/41€6,100€7,301€12,276€12,129▼ 1.2%
Trade receivables40€1,820€91€5,285€10,700▲ 102%
Other amounts receivable41€4,280€7,210€6,992€1,430▼ 79.6%
Cash at bank and in hand54/58€65,703€5,077€26,228€18,659▼ 28.9%
Deferred charges and accrued income490/1€256€1,072€981€2,958▲ 202%
Equity and liabilities
Total equity and liabilities10/49€798,582€765,077€723,308€934,657▲ 29.2%
Equity10/15€693,786€660,936€633,719€550,543▼ 13.1%
Contributions10/11€669,956€669,956€669,956€669,956=
Reserves13€21,156€21,156€21,156€21,156=
Non-distributable reserves130/1€8,538€8,538€8,538€8,538=
Reserves not available under the articles1311€8,538€8,538€8,538€8,538=
Distributable reserves133€12,619€12,619€12,619€12,619=
Profit (loss) carried forward14€1,143-€31,347-€58,205-€141,022▼ 142%
Investment grants15€1,530€1,171€811€452▼ 44.3%
Provisions and deferred taxes16€2,693€2,061€1,430€798▼ 44.2%
Deferred taxes168€2,693€2,061€1,430€798▼ 44.2%
Amounts payable17/49€102,103€102,080€88,159€383,316▲ 335%
Amounts payable after more than one year17€89,167€84,504€70,651€355,506▲ 403%
Financial debts170/4€89,167€84,504€70,651€330,506▲ 368%
Other amounts payable178/9---€25,000-
Amounts payable within one year42/48€12,936€17,576€17,508€27,810▲ 58.8%
Current portion of amounts payable after more than one year42€10,833€13,762€13,852€13,316▼ 3.9%
Trade debts44€1,381€3,103€2,899€11,599▲ 300%
Suppliers440/4€1,381€3,103€2,899€11,599▲ 300%
Taxes, remuneration and social security45€469€711€756--
Taxes450/3€344€711€756--
Remuneration and social security454/9€126----
Other amounts payable47/48€253--€2,895-
Line2021202220232024Change
Profit (loss) for the period9904-€107,624-€32,490-€26,857-€82,817▼ 208%
+ Depreciation and write-downs630€36,384€67,489€71,383€82,693▲ 15.8%
Operating cash flow (approximation)-€71,240€34,999€44,526-€124▼ 100%
Investment in fixed assets (approximation)--€92,592-€1,580-€301,780▼ 18,996%
Change in cash--€60,625€21,151-€7,569▼ 136%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
28-05
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema
2023
31-12
Financial Liquidity triplescurrent ratio 2.37
Current ratio from 0.77 to 2.37; short-term debt falls from €17,576 to €17,508.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-05
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
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, Eupen · 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.

Obere Rottergasse 224700 Eupen
1 establishment unit
AB SERVICES
Obere Rottergasse 22, 4700 EupenManufacture of metal structures and parts of structures
since 20212.312.803.563

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 33,900 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
81100Combined facilities support activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0759694003
Also 9925:BE0759694003
Registered 27-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.