ABACY
ActiveSummary
ABACY has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €59k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+1
Solvency42▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.13 in 2024; short-term debt: 36.6% and cash: 5.4% of total assets), and 83% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
17%
Return on assets
7.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €130k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
51 d early
2024
38 d early
2023
26 d early
2022
53 d early
2021
31 d early
2020
6 d late
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€490
EBIT margin
5477.6%
Net result
€59k▲ 15.8%
2024 · €51k
2018: €-10k
2019: €15k▲ +253% vs 2018
2020: €-76k▼ -607% vs 2019lowest in 8 years
2021: €17k▲ +122% vs 2020
2022: €57k▲ +235% vs 2021
2023: €43k▼ -24.3% vs 2022
2024: €51k▲ +19.0% vs 2023
2025: €59k▲ +15.8% vs 2024highest in 8 years
2018 → 2025
Working capital
€-234k▲ 28.9%
2024 · €-329k
2018: €-764klowest in 8 years
2019: €-710k▲ +7.1% vs 2018
2020: €-646k▲ +9.0% vs 2019
2021: €-592k▲ +8.3% vs 2020
2022: €-495k▲ +16.3% vs 2021
2023: €-416k▲ +16.1% vs 2022
2024: €-329k▲ +20.7% vs 2023
2025: €-234k▲ +28.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-80k-€-23k▲ 71.1%€20k€71k▲ 257%€130k▲ 83.4%
2021: €-80klowest in 5 years
2022: €-23k▲ +71.1% vs 2021
2023: €20k▲ +186% vs 2022
2024: €71k▲ +257% vs 2023
2025: €130k▲ +83.4% vs 2024highest in 5 years
Operating result€24k-€63k▲ 161%€49k▼ 22.8%€56k▲ 14.8%€63k▲ 13.0%
2021: €24klowest in 5 years
2022: €63k▲ +161% vs 2021
2023: €49k▼ -22.8% vs 2022
2024: €56k▲ +14.8% vs 2023
2025: €63k▲ +13.0% vs 2024highest in 5 years
Net result€17k-€57k▲ 235%€43k▼ 24.3%€51k▲ 19.0%€59k▲ 15.8%
2021: €17klowest in 5 years
2022: €57k▲ +235% vs 2021
2023: €43k▼ -24.3% vs 2022
2024: €51k▲ +19.0% vs 2023
2025: €59k▲ +15.8% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €766k
Fixed assets
€720k ▼ 4.9%
Current assets
€46k ▼ 8.5%
Equity and liabilities €766k
Equity
€130k ▲ 83.4%
Debt
€636k ▼ 13.6%
Debt's share of the balance-sheet total falls from 91.2% to 83.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100k▲
2024 · €93k
Cash flow
€96k▲
2024 · €88k
Current ratio
0.16▲
2024 · 0.13
Debt to equity
4.90▼
2024 · 10.39
ROE
45.5%▼
2024 · 72.0%
ROA
7.7%▲
2024 · 6.3%
Interest coverage
24.29▲
2024 · 19.16
Debt ≤ 1 year
€280k▼
2024 · €380k
Debt > 1 year
€355k=
2024 · €355k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€807k€766k▼
Formation expenses20€0€0=
Fixed assets21/28€757k€720k▼
Tangible fixed assets22/27€757k€720k▼
Land and buildings22€754k€718k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€0€0=
Current assets29/58€50k€46k▼
Amounts receivable within one year40/41€4k€1k▼
Trade receivables40€2k€0▼
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€44k€41k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€807k€766k▼
Equity10/15€71k€130k▲
Contributions10/11€211k€211k=
Profit (loss) carried forward14€-140k€-81k▲
Amounts payable17/49€736k€636k▼
Amounts payable after more than one year17€355k€355k=
Financial debts170/4€344k€344k=
Other amounts payable178/9€12k€12k=
Amounts payable within one year42/48€380k€280k▼
Current portion of amounts payable after more than one year42€293k€227k▼
Trade debts44€5k€71▼
Suppliers440/4€5k€71▼
Other amounts payable47/48€82k€53k▼
Accrued charges and deferred income492/3€2k€870▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€13k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€37k▲
Other operating charges640/8€14k€16k▲
Gross operating margin9900€107k€116k▲
Operating profit (loss)9901€56k€63k▲
Financial income75/76B-€82
Recurring financial income75-€82
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€51k€59k▲
Profit (loss) for the period9904€51k€59k▲
Profit (loss) for the period to be appropriated9905€51k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-140k€-81k▲
Profit (loss) brought forward from the previous period14P€-191k€-140k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €36k | €11k | €17k | €13k | €10k | ▼ 27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €38k | €37k | €37k | €37k | €37k | ▲ 0.3% |
| Other operating charges640/8 | €13k | €13k | €17k | €14k | €16k | ▲ 15.5% |
| Gross operating margin9900 | €75k | €113k | €102k | €107k | €116k | ▲ 9.0% |
| Operating profit (loss)9901 | €24k | €63k | €49k | €56k | €63k | ▲ 13.0% |
| Financial income75/76B | €0 | - | - | - | €82 | - |
| Recurring financial income75 | €0 | - | - | - | €82 | - |
| Financial charges65/66B | €7k | €6k | €6k | €5k | €4k | ▼ 14.8% |
| Recurring financial charges65 | €7k | €6k | €6k | €5k | €4k | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €17k | €57k | €43k | €51k | €59k | ▲ 15.8% |
| Profit (loss) for the period9904 | €17k | €57k | €43k | €51k | €59k | ▲ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €17k | €57k | €43k | €51k | €59k | ▲ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €871k | €860k | €829k | €807k | €766k | ▼ 5.1% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €866k | €829k | €792k | €757k | €720k | ▼ 4.9% |
| Tangible fixed assets22/27 | €866k | €829k | €792k | €757k | €720k | ▼ 4.9% |
| Land and buildings22 | €862k | €826k | €790k | €754k | €718k | ▼ 4.8% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €3k | €2k | ▼ 23.6% |
| Furniture and vehicles24 | €237 | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €5k | €31k | €37k | €50k | €46k | ▼ 8.5% |
| Amounts receivable within one year40/41 | €2k | €3k | €3k | €4k | €1k | ▼ 71.1% |
| Trade receivables40 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €1k | €1k | €2k | €1k | ▼ 42.9% |
| Cash at bank and in hand54/58 | €3k | €28k | €31k | €44k | €41k | ▼ 4.7% |
| Deferred charges and accrued income490/1 | €650 | €0 | €3k | €3k | €3k | ▲ 26.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €871k | €860k | €829k | €807k | €766k | ▼ 5.1% |
| Equity10/15 | €-80k | €-23k | €20k | €71k | €130k | ▲ 83.4% |
| Contributions10/11 | €211k | €211k | €211k | €211k | €211k | = |
| Outside capital11 | €211k | - | - | - | - | - |
| Share premium1100/10 | €211k | - | - | - | - | - |
| Profit (loss) carried forward14 | €-290k | €-234k | €-191k | €-140k | €-81k | ▲ 42.2% |
| Amounts payable17/49 | €951k | €883k | €809k | €736k | €636k | ▼ 13.6% |
| Amounts payable after more than one year17 | €353k | €355k | €355k | €355k | €355k | = |
| Financial debts170/4 | €344k | €344k | €344k | €344k | €344k | = |
| Other amounts payable178/9 | €10k | €12k | €12k | €12k | €12k | = |
| Amounts payable within one year42/48 | €598k | €526k | €453k | €380k | €280k | ▼ 26.2% |
| Current portion of amounts payable after more than one year42 | €487k | €423k | €358k | €293k | €227k | ▼ 22.6% |
| Trade debts44 | €3k | €5k | €4k | €5k | €71 | ▼ 98.5% |
| Suppliers440/4 | €3k | €5k | €4k | €5k | €71 | ▼ 98.5% |
| Other amounts payable47/48 | €107k | €99k | €91k | €82k | €53k | ▼ 34.8% |
| Accrued charges and deferred income492/3 | €0 | €1k | €2k | €2k | €870 | ▼ 42.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €57k | €43k | €51k | €59k | ▲ 15.8% |
| + Depreciation and write-downs630 | €38k | €37k | €37k | €37k | €37k | ▲ 0.3% |
| Operating cash flow (approximation) | €55k | €94k | €80k | €88k | €96k | ▲ 9.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-1k | €0 | ▲ 100% |
| Change in cash | - | €25k | €3k | €12k | €-2k | ▼ 117% |
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
Next filing, fiscal year 2026, expected by
2026
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €59k ▲15.8%
Operating result €63k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €130k ▲83.4%
5 profitable years in a row build equity to €130k.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Weakest financial yearnet €-76k
Net result drops to €-76k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
Show earlier events
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Sint-Jans-Molenbeek · 1 establishment unit since 2001
Ground area
945 m²
Building footprint
337 m²
Volume, LiDAR
4,113 m³
2 parcels, Brussels · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Louis Corhaystraat 40, 1080 Sint-Jans-Molenbeek
since 20012.098.267.772
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0016/00N000 | Brussels | 657 m² | 1 · 193 m² | 16.2 m · 5 fl. |
| 21526D0044/00N003 | Brussels | 288 m² | 1 · 143 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DELARUE
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COBOR
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SRDB IMMO
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,431 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
Founded17-11-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.