AB-tec
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 10% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 |
|---|---|
| Average over the year, in full-time equivalents | 0.7 |
| Joined | 2 |
| Left | 2 |
Source: social balance sheet in the 2024 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €133,689 | €8,899 |
| Depreciation and write-downs of the year | €29,694 | €32,450 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | - | €871 | - |
| Remuneration, social security and pensions62 | €38,786 | €0 | ▼ 100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,694 | €32,450 | ▲ 9.3% |
| Other operating charges640/8 | €435 | €534 | ▲ 22.7% |
| Gross operating margin9900 | €133,274 | €90,771 | ▼ 31.9% |
| Operating profit (loss)9901 | €64,358 | €57,786 | ▼ 10.2% |
| Financial income75/76B | €4,991 | €852 | ▼ 82.9% |
| Recurring financial income75 | €4,991 | €852 | ▼ 82.9% |
| Financial charges65/66B | €4,450 | €10,763 | ▲ 142% |
| Recurring financial charges65 | €4,450 | €10,763 | ▲ 142% |
| Profit (loss) for the period before taxes9903 | €64,899 | €47,876 | ▼ 26.2% |
| Income taxes67/77 | €12,215 | €9,766 | ▼ 20.1% |
| Profit (loss) for the period9904 | €52,683 | €38,110 | ▼ 27.7% |
| Profit (loss) for the period to be appropriated9905 | €52,683 | €38,110 | ▼ 27.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €259,236 | €270,035 | ▲ 4.2% |
| Fixed assets21/28 | €103,994 | €80,114 | ▼ 23.0% |
| Tangible fixed assets22/27 | €103,994 | €80,114 | ▼ 23.0% |
| Plant, machinery and equipment23 | €25,802 | €23,728 | ▼ 8.0% |
| Furniture and vehicles24 | €78,192 | €56,386 | ▼ 27.9% |
| Current assets29/58 | €155,241 | €189,921 | ▲ 22.3% |
| Stocks and contracts in progress3 | €75,127 | €76,745 | ▲ 2.2% |
| Stocks30/36 | €75,127 | €76,745 | ▲ 2.2% |
| Amounts receivable within one year40/41 | €72,657 | €86,413 | ▲ 18.9% |
| Trade receivables40 | €71,423 | €76,266 | ▲ 6.8% |
| Other amounts receivable41 | €1,234 | €10,147 | ▲ 722% |
| Cash at bank and in hand54/58 | €954 | €26,764 | ▲ 28× |
| Deferred charges and accrued income490/1 | €6,503 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €259,236 | €270,035 | ▲ 4.2% |
| Equity10/15 | €62,683 | €100,793 | ▲ 60.8% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €52,683 | €90,793 | ▲ 72.3% |
| Amounts payable17/49 | €196,552 | €169,242 | ▼ 13.9% |
| Amounts payable after more than one year17 | €32,222 | €23,463 | ▼ 27.2% |
| Financial debts170/4 | €32,222 | €23,463 | ▼ 27.2% |
| Amounts payable within one year42/48 | €164,330 | €145,779 | ▼ 11.3% |
| Current portion of amounts payable after more than one year42 | €15,864 | €10,355 | ▼ 34.7% |
| Trade debts44 | €117,859 | €27,714 | ▼ 76.5% |
| Suppliers440/4 | €117,859 | €27,714 | ▼ 76.5% |
| Taxes, remuneration and social security45 | €30,606 | €19,557 | ▼ 36.1% |
| Taxes450/3 | €19,377 | €19,557 | ▲ 0.9% |
| Remuneration and social security454/9 | €11,229 | - | - |
| Other amounts payable47/48 | - | €88,154 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €52,683 | €38,110 | ▼ 27.7% |
| + Depreciation and write-downs630 | €29,694 | €32,450 | ▲ 9.3% |
| Operating cash flow (approximation) | €82,378 | €70,560 | ▼ 14.3% |
| Investment in fixed assets (approximation) | - | -€8,569 | - |
| Change in cash | - | €25,810 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as AB-tec has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of AB-tec itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for AB-tec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.