AB-TECHNICS
ActiveSummary
AB-TECHNICS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €856,564 and a net result of €18,402. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 31% of 994 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-9
Solvency54▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.52 in 2023; short-term debt: 67.5% and cash: 2.7% of total assets), and 70.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
13 d early
2022
6 d early
2021
3 d early
2020
25 d late
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, abbreviated schema
In the rankings
#2 company by total assets in Malle, Other services sector#2 company by equity in Malle, Other services sector#7 oldest company in Malle, Other services sector
Equity
€856,564▲ 2.2%
2023 · €838,161
Total assets
€2.9m▲ 12.8%
2023 · €2.6m
Net result
€18,402▼ 69.6%
2023 · €60,524
Working capital
€834,746▼ 0.8%
2023 · €841,876
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€291,084▲ 49.7%€283,135▼ 2.7%€71,422▼ 74.8%€168,557▲ 136%€116,110▼ 31.1%
Net result€160,138above the sector's middle half▲ 88.8%€146,995above the sector's middle half▼ 8.2%€19,921within the sector's middle half▼ 86.4%€60,524within the sector's middle half▲ 204%€18,402within the sector's middle half▼ 69.6%
Equity€610,720within the sector's middle half▲ 35.5%€757,716above the sector's middle half▲ 24.1%€777,637within the sector's middle half▲ 2.6%€838,161within the sector's middle half▲ 7.8%€856,564within the sector's middle half▲ 2.2%
Total assets€2.1mabove the sector's middle half▼ 10.4%€1.3mwithin the sector's middle half▼ 38.0%€1.7mwithin the sector's middle half▲ 30.6%€2.6mabove the sector's middle half▲ 56.0%€2.9mabove the sector's middle half▲ 12.8%
Debt€1.5m▼ 21.6%€524,638▼ 64.0%€897,100▲ 71.0%€1.8m▲ 97.7%€2.1m▲ 17.9%
Working capital€498,878▲ 40.8%€632,324▲ 26.7%€664,639▲ 5.1%€841,876▲ 26.7%€834,746▼ 0.8%
Solvency29.5%within the sector's middle half▲ 10.0pp59.1%within the sector's middle half▲ 29.6pp46.4%within the sector's middle half▼ 12.7pp32.1%within the sector's middle half▼ 14.3pp29.1%within the sector's middle half▼ 3.0pp
Staff (FTE)9.9above the sector's middle half9.9above the sector's middle half=10.9above the sector's middle half▲ 10.1%14.2above the sector's middle half▲ 30.3%17.1above the sector's middle half▲ 20.4%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets
€123,732 ▼ 20.3%
Current assets
€2.8m ▲ 14.9%
Equity and liabilities €2.9m
Equity
€856,564 ▲ 2.2%
Debt
€2.1m ▲ 17.9%
Debt's share of the balance-sheet total rises from 67.9% to 70.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€156,580▼
2023 · €216,081
Cash flow
€58,873▼
2023 · €108,049
Current ratio
1.42▼
2023 · 1.52
Quick ratio
0.93▼
2023 · 0.99
Debt to equity
2.44▲
2023 · 2.12
ROE
2.1%▼
2023 · 7.2%
ROA
0.6%▼
2023 · 2.3%
Interest coverage
1.82▼
2023 · 2.68
Debt ≤ 1 year
€2.0m▲
2023 · €1.6m
Debt > 1 year
€101,914▼
2023 · €159,023
Income taxes
€13,475▼
2023 · €27,665
Staff costs
€1.1m▲
2023 · €838,799
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,653 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
0.9%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 4,653 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €505,066 | €601,443 | €838,799 | €1.1m | ▲ 29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44,135 | €56,396 | €56,192 | €47,525 | €40,470 | ▼ 14.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €39,118 | - | - | - |
| Other operating charges640/8 | - | €28,639 | €3,610 | €3,875 | €8,316 | ▲ 115% |
| Gross operating margin9900 | €861,818 | €873,235 | €771,785 | €1.1m | €1.3m | ▲ 18.4% |
| Operating profit (loss)9901 | €291,084 | €283,135 | €71,422 | €168,557 | €116,110 | ▼ 31.1% |
| Financial income75/76B | - | €2,773 | €502 | €313 | €1,743 | ▲ 457% |
| Recurring financial income75 | €3,526 | €2,773 | €502 | €313 | €1,743 | ▲ 457% |
| Financial charges65/66B | - | €87,725 | €41,290 | €80,680 | €85,976 | ▲ 6.6% |
| Recurring financial charges65 | €57,583 | €87,725 | €41,290 | €80,680 | €85,976 | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | €237,027 | €198,184 | €30,635 | €88,190 | €31,877 | ▼ 63.9% |
| Income taxes67/77 | €76,889 | €51,188 | €10,714 | €27,665 | €13,475 | ▼ 51.3% |
| Profit (loss) for the period9904 | €160,138 | €146,995 | €19,921 | €60,524 | €18,402 | ▼ 69.6% |
| Profit (loss) for the period to be appropriated9905 | €160,138 | €146,995 | €19,921 | €60,524 | €18,402 | ▼ 69.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €1.3m | €1.7m | €2.6m | €2.9m | ▲ 12.8% |
| Fixed assets21/28 | €180,883 | €159,336 | €141,669 | €155,308 | €123,732 | ▼ 20.3% |
| Intangible fixed assets21 | €65,372 | €58,372 | €51,372 | €44,372 | €42,442 | ▼ 4.3% |
| Tangible fixed assets22/27 | €115,511 | €100,965 | €90,297 | €110,936 | €81,290 | ▼ 26.7% |
| Plant, machinery and equipment23 | - | €58,404 | €60,631 | €52,741 | €40,506 | ▼ 23.2% |
| Furniture and vehicles24 | - | €22,773 | €14,467 | €47,000 | €33,591 | ▼ 28.5% |
| Other tangible fixed assets26 | - | €19,787 | €15,199 | €11,196 | €7,192 | ▼ 35.8% |
| Current assets29/58 | €1.9m | €1.1m | €1.5m | €2.5m | €2.8m | ▲ 14.9% |
| Stocks and contracts in progress3 | €612,912 | €656,113 | €705,693 | €850,000 | €967,158 | ▲ 13.8% |
| Stocks30/36 | - | €656,113 | €705,693 | €850,000 | €967,158 | ▲ 13.8% |
| Amounts receivable within one year40/41 | €1.2m | €388,991 | €752,569 | €1.3m | €1.5m | ▲ 21.0% |
| Trade receivables40 | - | €366,132 | €742,485 | €1.0m | €1.2m | ▲ 12.2% |
| Other amounts receivable41 | - | €22,859 | €10,083 | €218,091 | €355,725 | ▲ 63.1% |
| Cash at bank and in hand54/58 | €64,454 | €77,915 | €28,378 | €115,429 | €78,136 | ▼ 32.3% |
| Deferred charges and accrued income490/1 | - | - | €46,428 | €226,858 | €248,851 | ▲ 9.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €1.3m | €1.7m | €2.6m | €2.9m | ▲ 12.8% |
| Equity10/15 | €610,720 | €757,716 | €777,637 | €838,161 | €856,564 | ▲ 2.2% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €421,278 | €739,124 | €759,045 | €819,569 | €837,972 | ▲ 2.2% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | - | - |
| Distributable reserves133 | - | €737,265 | €757,186 | €817,710 | €837,972 | ▲ 2.5% |
| Profit (loss) carried forward14 | €170,850 | - | - | - | - | - |
| Amounts payable17/49 | €1.5m | €524,638 | €897,100 | €1.8m | €2.1m | ▲ 17.9% |
| Amounts payable after more than one year17 | €56,067 | €33,944 | €28,671 | €159,023 | €101,914 | ▼ 35.9% |
| Financial debts170/4 | - | €33,944 | €28,671 | €159,023 | €101,914 | ▼ 35.9% |
| Amounts payable within one year42/48 | €1.4m | €490,694 | €868,429 | €1.6m | €2.0m | ▲ 23.2% |
| Current portion of amounts payable after more than one year42 | - | €233,833 | €283,199 | €415,490 | €499,661 | ▲ 20.3% |
| Financial debts43 | - | - | €302,466 | €622,286 | €656,030 | ▲ 5.4% |
| Credit institutions430/8 | - | - | €302,466 | €622,286 | €656,030 | ▲ 5.4% |
| Trade debts44 | €919,983 | €109,772 | €199,238 | €419,261 | €624,557 | ▲ 49.0% |
| Suppliers440/4 | - | €109,772 | €199,238 | €419,261 | €624,557 | ▲ 49.0% |
| Taxes, remuneration and social security45 | - | €133,578 | €70,015 | €115,409 | €146,946 | ▲ 27.3% |
| Taxes450/3 | - | €100,719 | €23,193 | €49,181 | €60,498 | ▲ 23.0% |
| Remuneration and social security454/9 | - | €32,859 | €46,821 | €66,229 | €86,448 | ▲ 30.5% |
| Other amounts payable47/48 | - | €13,512 | €13,512 | €42,336 | €61,748 | ▲ 45.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €160,138 | €146,995 | €19,921 | €60,524 | €18,402 | ▼ 69.6% |
| + Depreciation and write-downs630 | €44,135 | €56,396 | €56,192 | €47,525 | €40,470 | ▼ 14.8% |
| Operating cash flow (approximation) | €204,273 | €203,391 | €76,112 | €108,049 | €58,873 | ▼ 45.5% |
| Investment in fixed assets (approximation) | - | -€34,849 | -€38,525 | -€61,164 | -€8,894 | ▲ 85.5% |
| Change in cash | - | €13,461 | -€49,536 | €87,051 | -€37,294 | ▼ 143% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €18,402 ▼69.6%
Net result drops to €18,402, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €160,138 ▲88.8%
Operating result €291,084, net result €160,138, both a record.
31-12
Financial
Equity above €500,000Eq €610,720 ▲35.5%
3 profitable years in a row build equity to €610,720.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Malle · 1 establishment unit since 2014
Ground area
4,385 m²
Building footprint
2,082 m²
Volume, LiDAR
11,782 m³
Parcel 11032D0006/00G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Antwerpsesteenweg 115, 2390 Malle
since 20142.239.274.296
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032D0006/00G000 | Flanders | 4,385 m² | 1 · 2,082 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: PRIORITY AND SPECIAL MECHANICS & AUTOMATION GROUP. The sources do not say who stands above it.
Owners 1
- 100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 5,370 EUR awarded · 5,370 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,932 EUR | 1,932 EUR |
| 2023 | 1 | 3,003 EUR | 3,003 EUR |
| 2022 | 1 | 435 EUR | 435 EUR |
Federal government
2024 · 1 entry · 47,528 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2024 | FOD Binnenlandse Zaken | 1 | 47,528 EUR |
Similar companies · same sector, comparable size
Kontakt
BE 0784.845.014
Rumst · Eq €857,359
GARAGE SCHROOTEN
BE 0449.863.234
Oudsbergen · Eq €859,441
Tacho Point Genk
BE 0769.898.797
Lommel · Eq €853,097
PUYPE
BE 0475.502.809
Pittem · Eq €860,097
GARAGE JAN BUSSCHAERT
BE 0476.627.514
Poperinge · Eq €852,998
Of 7,378 companies in sector 95311 we hold annual accounts for 2,961. 1,789 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
Founded23-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46460Wholesale of pharmaceutical and medical goods
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47715Retail trade
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464432436
Also
9925:BE0464432436
Registered
22-11-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.