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ABAKA

Active
Non-profit associationfounded 200323 yrs activeRogierstraat 226, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0480.619.558
Summary

ABAKA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €389,848 and a net result of €5,221. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability54▲+15
Solvency58▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.38 in 2024; short-term debt: 33.5% and cash: 23.1% of total assets), and 66.7% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 87
Relative position
BE, all sectors
reference
Residential care activities (NACE 87)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.3%
Return on assets
0.4%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
25 d late
2023
9 d late
2022
30 d early
2021
24 d early
2020
8 d early
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 27 days before the deadline, and 24% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 19 March 2003, ABAKA was incorporated.1 THEYS Christophe has served as director of the company since 2026.2 Total assets went from EUR 341,036 in 2018 to EUR 1.2 million in 2025 and headcount from 13.1 to 15.9 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-07-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5,221
2024 · -€14,323
Working capital
-€16,293
2024 · €95,808
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 87, Residential care activities, 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
Line20212022202320242025
Operating result-€14,771€2,761-€9,926€1,353€22,670▲ 1,576%
Net result-€15,145within the sector's middle half€2,387within the sector's middle half-€18,588within the sector's middle half-€14,323within the sector's middle half▲ 22.9%€5,221within the sector's middle half
Equity€120,937below the sector's middle half▼ 11.5%€123,324below the sector's middle half▲ 2.0%€306,429within the sector's middle half▲ 148%€349,789within the sector's middle half▲ 14.2%€389,848within the sector's middle half▲ 11.5%
Total assets€376,167below the sector's middle half▼ 65.1%€300,700below the sector's middle half▼ 20.1%€928,433within the sector's middle half▲ 209%€1.1mwithin the sector's middle half▲ 21.4%€1.2mwithin the sector's middle half▲ 3.7%
Debt€255,230▼ 72.9%€177,376▼ 30.5%€622,004▲ 251%€777,143▲ 24.9%€779,143▲ 0.3%
Working capital€169,456within the sector's middle half▼ 15.7%€117,651within the sector's middle half▼ 30.6%€198,640within the sector's middle half▲ 68.8%€95,808within the sector's middle half▼ 51.8%-€16,293within the sector's middle half
Solvency32.1%within the sector's middle half▲ 19.5pp41.0%within the sector's middle half▲ 8.9pp33.0%within the sector's middle half▼ 8.0pp31.0%within the sector's middle half▼ 2.0pp33.3%within the sector's middle half▲ 2.3pp
Current ratio1.90within the sector's middle half▲ 0.671.72within the sector's middle half▼ 0.182.11within the sector's middle half▲ 0.391.38within the sector's middle half▼ 0.730.96within the sector's middle half▼ 0.42
Return on assets (ROA)-4.0%below the sector's middle half▼ 4.7pp0.8%within the sector's middle half▲ 4.8pp-2.0%within the sector's middle half▼ 2.8pp-1.3%within the sector's middle half▲ 0.7pp0.4%within the sector's middle half▲ 1.7pp
Staff (FTE)15.2below the sector's middle half▲ 17.8%15.2below the sector's middle half=13.4below the sector's middle half▼ 11.8%16below the sector's middle half▲ 19.4%15.9below the sector's middle half▼ 0.6%
above within below the middle half (P25 to P75) of NACE 87, Residential care activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000Operating result 2021: -€14,771-€14,771Net result 2021: -€15,145-€15,145Operating result 2022: €2,761€2,761Net result 2022: €2,387€2,387Operating result 2023: -€9,926-€9,926Net result 2023: -€18,588-€18,588Operating result 2024: €1,353€1,353Net result 2024: -€14,323-€14,323Operating result 2025: €22,670€22,670Net result 2025: €5,221€5,22120212022202320242025-€20,000€0€20,000Operating result 2023: -€9,926-€9,930Net result 2023: -€18,588-€18,600Operating result 2024: €1,353€1,350Net result 2024: -€14,323-€14,300Operating result 2025: €22,670€22,700Net result 2025: €5,221€5,220202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,576% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €794,205 ▲ 2.0%
Current assets €374,786 ▲ 7.6%
Equity and liabilities €1.2m
Equity €389,848 ▲ 11.5%
Debt €779,143 ▲ 0.3%
Debt's share of the balance-sheet total falls from 69.0% to 66.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€73,233▲
2024 · €47,187
Cash flow
€55,784▲
2024 · €31,511
Debt to equity
2.00▼
2024 · 2.22
ROE
1.3%▲
2024 · -4.1%
Interest coverage
4.18▲
2024 · 2.62
Debt ≤ 1 year
€391,079▲
2024 · €252,632
Debt > 1 year
€363,064▼
2024 · €377,859
Staff costs
€1.2m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% 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 < 0.1% 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 14,733 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 · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.2m▲
Fixed assets21/28€778,492€794,205▲
Tangible fixed assets22/27€778,492€794,205▲
Land and buildings22€424,918€409,743▼
Plant, machinery and equipment23€327,517€365,669▲
Furniture and vehicles24€26,057€18,793▼
Current assets29/58€348,440€374,786▲
Amounts receivable within one year40/41€126,109€93,167▼
Other amounts receivable41€126,109€93,167▼
Cash at bank and in hand54/58€215,482€269,905▲
Deferred charges and accrued income490/1€6,849€11,714▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.2m▲
Equity10/15€349,789€389,848▲
Profit (loss) carried forward14€90,413€95,634▲
Investment grants15€259,376€294,214▲
Amounts payable17/49€777,143€779,143▲
Amounts payable after more than one year17€377,859€363,064▼
Financial debts170/4€377,859€363,064▼
Amounts payable within one year42/48€252,632€391,079▲
Current portion of amounts payable after more than one year42€14,162€14,795▲
Trade debts44€29,171€8,597▼
Suppliers440/4€29,171€8,597▼
Taxes, remuneration and social security45€183,175€247,504▲
Taxes450/3€26,167€59,930▲
Remuneration and social security454/9€157,008€187,574▲
Accrued charges and deferred income492/3€146,652€25,000▼
Income statement Code20242025
Non-recurring operating income76A€24-
Remuneration, social security and pensions62€1.1m€1.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,834€50,563▲
Other operating charges640/8€3,762€4,056▲
Non-recurring operating charges66A€11,046€320▼
Gross operating margin9900€1.1m€1.3m▲
Operating profit (loss)9901€1,353€22,670▲
Financial income75/76B€2,312€67▼
Recurring financial income75€18€67▲
Non-recurring financial income76B€2,294-
Financial charges65/66B€17,988€17,516▼
Recurring financial charges65€17,988€17,516▼
Profit (loss) for the period before taxes9903-€14,323€5,221▲
Profit (loss) for the period9904-€14,323€5,221▲
Profit (loss) for the period to be appropriated9905-€14,323€5,221▲
Appropriation of the result
Profit (loss) to be appropriated9906€90,413€95,634▲
Profit (loss) brought forward from the previous period14P€104,736€90,413▼
Social balance
Average headcount (FTE)908716.015.9▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€427€7,622€5€24--
Goods, raw materials, services and sundry goods60/61€134,112-----
Remuneration, social security and pensions62€899,320€1.0m€950,163€1.1m€1.2m▲ 16.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,051€5,020€23,297€45,834€50,563▲ 10.3%
Other operating charges640/8€332€202€3,066€3,762€4,056▲ 7.8%
Non-recurring operating charges66A€110€45€6,549€11,046€320▼ 97.1%
Gross operating margin9900€891,042€1.0m€973,149€1.1m€1.3m▲ 16.7%
Operating profit (loss)9901-€14,771€2,761-€9,926€1,353€22,670▲ 1,576%
Financial income75/76B--€2€2,312€67▼ 97.1%
Recurring financial income75--€2€18€67▲ 272%
Non-recurring financial income76B---€2,294--
Financial charges65/66B€374€374€8,664€17,988€17,516▼ 2.6%
Recurring financial charges65€374€374€8,664€17,988€17,516▼ 2.6%
Profit (loss) for the period before taxes9903-€15,145€2,387-€18,588-€14,323€5,221▲ 136%
Profit (loss) for the period9904-€15,145€2,387-€18,588-€14,323€5,221▲ 136%
Profit (loss) for the period to be appropriated9905-€15,145€2,387-€18,588-€14,323€5,221▲ 136%
Line20212022202320242025Change
Assets
Total assets20/58€376,167€300,700€928,433€1.1m€1.2m▲ 3.7%
Fixed assets21/28€18,737€19,374€550,861€778,492€794,205▲ 2.0%
Intangible fixed assets21€2,218-----
Tangible fixed assets22/27€10,475€13,330€544,817€778,492€794,205▲ 2.0%
Land and buildings22--€440,094€424,918€409,743▼ 3.6%
Plant, machinery and equipment23€9,041€12,613€10,528€327,517€365,669▲ 11.6%
Furniture and vehicles24€1,434€717€19,278€26,057€18,793▼ 27.9%
Assets under construction and advance payments27--€74,917---
Financial fixed assets28€6,044€6,044€6,044---
Current assets29/58€357,430€281,326€377,572€348,440€374,786▲ 7.6%
Amounts receivable within one year40/41€118,303€124,635€205,849€126,109€93,167▼ 26.1%
Trade receivables40€1,000-€157---
Other amounts receivable41€117,303€124,635€205,692€126,109€93,167▼ 26.1%
Cash at bank and in hand54/58€229,122€147,650€162,397€215,482€269,905▲ 25.3%
Deferred charges and accrued income490/1€10,005€9,041€9,326€6,849€11,714▲ 71.0%
Equity and liabilities
Total equity and liabilities10/49€376,167€300,700€928,433€1.1m€1.2m▲ 3.7%
Equity10/15€120,937€123,324€306,429€349,789€389,848▲ 11.5%
Profit (loss) carried forward14€120,937€123,324€104,736€90,413€95,634▲ 5.8%
Investment grants15--€201,693€259,376€294,214▲ 13.4%
Amounts payable17/49€255,230€177,376€622,004€777,143€779,143▲ 0.3%
Amounts payable after more than one year17--€392,020€377,859€363,064▼ 3.9%
Financial debts170/4--€392,020€377,859€363,064▼ 3.9%
Amounts payable within one year42/48€187,974€163,675€178,932€252,632€391,079▲ 54.8%
Current portion of amounts payable after more than one year42--€7,980€14,162€14,795▲ 4.5%
Trade debts44€10,930€13,129€11,464€29,171€8,597▼ 70.5%
Suppliers440/4€10,930€13,129€11,464€29,171€8,597▼ 70.5%
Taxes, remuneration and social security45€139,515€124,732€133,674€183,175€247,504▲ 35.1%
Taxes450/3€18,532€25,995€23,339€26,167€59,930▲ 129%
Remuneration and social security454/9€120,983€98,737€110,335€157,008€187,574▲ 19.5%
Accrued charges and deferred income492/3€67,256€13,701€51,052€146,652€25,000▼ 83.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€15,145€2,387-€18,588-€14,323€5,221▲ 136%
+ Depreciation and write-downs630€6,051€5,020€23,297€45,834€50,563▲ 10.3%
Operating cash flow (approximation)-€9,094€7,407€4,709€31,511€55,784▲ 77.0%
Investment in fixed assets (approximation)--€5,657-€554,784-€273,465-€66,276▲ 75.8%
Change in cash--€81,472€14,747€53,085€54,423▲ 2.5%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-07
State Gazette act Reappointment: THEYS Christophe (director)
6 facts ▸
  • General meeting, 10-06-2026
  • Director reappointment, THEYS Christophe (director)
  • Board composition, Jean Louis Linchamps (chair)
  • Board composition, Didier Termont (treasurer)
  • Board composition, Patrick Pierre (secretary)
  • Board composition, THEYS Christophe (director)
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €5,221
Net result €5,221 after 2 loss-making years.
25-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
09-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 9 days late
2023
31-12
Financial Weakest financial yearnet -€18,588
Net result drops to -€18,588, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200,000Eq €306,429 ▲148%
Equity rises from €123,324 to €306,429.
01-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €2,387
Net result €2,387 after one loss-making year.
07-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
23-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €6,736 ▲293%
Net result €6,736, the highest in the series.
Show earlier events
17-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 48 days late
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
10-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts

Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
THEYS Christophe
Director · since 10-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
279 m²
Building footprint
130 m²
Volume, LiDAR
2,008 m³
Parcel 21909E0232/00Y006, Brussels · tallest building 19.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ABAKA
Rogierstraat 226, 1030 SchaarbeekResidential care activities
since 20032.162.873.336
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21909E0232/00Y006 Brussels 279 m² 1 · 130 m² 19.6 m · 6 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.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
THEYS Christophe
  • Director, already before 10-06-2026 to date
See the board, name and seat on a given date →

Articles of association

Purpose
Une aide thérapeutique aux jeunes et à leurs familles; Une aide sociale,scolaire,administrative,éducative; L'hébergement de jeunes en crise avec encadrement éducatif; Toute…
Full purpose (4 activities)
  1. Une aide thérapeutique aux jeunes et à leurs familles
  2. Une aide sociale,scolaire,administrative,éducative
  3. L'hébergement de jeunes en crise avec encadrement éducatif
  4. Toute initiative visant l'accès du jeune en crise à la culture,aux loisirs,au sport et à la connaissance.
Other statement
Ressources et cotisation, annuel
Article 10 bis Gestion journalière, opérations jour le jour fonctionnement normal,moindre importance ou nécessité décision prompte,ne requièrent pas ou rendent…
Article 10 ter Orientation pédagogique, soumis au conseil d'administration pour approbation
Chaque membre effectif une voix délibérative, président conseil d'administration,sinon plus âgé administrateurs présents
Article 12 Pouvoirs assemblée générale et procès-verbaux, chaque assemblée procès-verbal signé par président ou secrétaire ou deux administrateurs,inscrit regis…
4 more provisions on this in the deed
Membership rule
Illimité, 3
Soumise pour décision à l'assemblée générale annuelle, Maximum un tiers des membres ou de leurs parents jusqu'au troisième degré peuvent être employés ou salari…
Membres en procédure entendus par l'AG,à leur demande, membres démissionnaires ou exclus,de même que leurs successeurs,n'ont aucun droit sur le fonds social et…
Board rule
3 ans, 7
Président,sinon administrateur le plus âgé, un administrateur peut se faire remplacer par un autre administrateur par signature de la procuration envoyée lors d…
Tous pouvoirs gestion non expressément réservés à assemblée générale par loi ou statuts, Article 10
1 more provision on this in the deed
Liquidation rule
Article 15, dissolution volontaire

Structure & network

Connections & network

2 connected companies
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 17 entries · 4,447,565 EUR in total
Year Entries paid
2025 12 1,258,244 EUR
2024 1 1,217,549 EUR
2023 1 1,020,191 EUR
2022 1 936,163 EUR
2021 2 15,418 EUR

Similar companies · same sector, comparable size

Of 228 companies in sector 87991 we hold annual accounts for 209. 158 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formNon-profit association
Founded19-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
87991Residential care activities
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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