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ABAPify

Active
Private limited companyfounded 2024active for 1 yearEssestraat 194, 9340 Lede, BelgiumKBO/BCE: BE 1017.386.181
Summary

ABAPify has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,404 and a net result of €68,404. Its solvency ranks better than 62% of 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00392145.

Turnover
≈ €170,000
Estimated: probably between €150,000 and €230,000
Total assets
€98,089
Net result
€68,404
Working capital
€68,999

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €98,089
Fixed assets €405
Current assets €97,684
Equity and liabilities €98,089
Equity €69,404
Debt €28,685
Debt finances 29.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€88,376
Cash flow
€70,001
Current ratio
3.41
Debt to equity
0.41
ROE
98.6%
ROA
69.7%
Interest coverage
over 100
Debt ≤ 1 year
€28,685
Income taxes
€18,406

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,279 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 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€98,089
Fixed assets21/28€405
Tangible fixed assets22/27€405
Furniture and vehicles24€405
Current assets29/58€97,684
Amounts receivable within one year40/41€29,535
Trade receivables40€16,752
Other amounts receivable41€12,783
Cash at bank and in hand54/58€67,657
Deferred charges and accrued income490/1€492
Equity and liabilities
Total equity and liabilities10/49€98,089
Equity10/15€69,404
Contributions10/11€1,000
Profit (loss) carried forward14€68,404
Amounts payable17/49€28,685
Amounts payable within one year42/48€28,685
Trade debts44€981
Suppliers440/4€981
Taxes, remuneration and social security45€27,704
Taxes450/3€27,704
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,596
Other operating charges640/8€300
Gross operating margin9900€88,676
Operating profit (loss)9901€86,780
Financial income75/76B€123
Recurring financial income75€123
Financial charges65/66B€92
Recurring financial charges65€92
Profit (loss) for the period before taxes9903€86,811
Income taxes67/77€18,406
Profit (loss) for the period9904€68,404
Profit (loss) for the period to be appropriated9905€68,404
Appropriation of the result
Profit (loss) to be appropriated9906€68,404

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,596
Other operating charges640/8€300
Gross operating margin9900€88,676
Operating profit (loss)9901€86,780
Financial income75/76B€123
Recurring financial income75€123
Financial charges65/66B€92
Recurring financial charges65€92
Profit (loss) for the period before taxes9903€86,811
Income taxes67/77€18,406
Profit (loss) for the period9904€68,404
Profit (loss) for the period to be appropriated9905€68,404
Line2025
Assets
Total assets20/58€98,089
Fixed assets21/28€405
Tangible fixed assets22/27€405
Furniture and vehicles24€405
Current assets29/58€97,684
Amounts receivable within one year40/41€29,535
Trade receivables40€16,752
Other amounts receivable41€12,783
Cash at bank and in hand54/58€67,657
Deferred charges and accrued income490/1€492
Equity and liabilities
Total equity and liabilities10/49€98,089
Equity10/15€69,404
Contributions10/11€1,000
Profit (loss) carried forward14€68,404
Amounts payable17/49€28,685
Amounts payable within one year42/48€28,685
Trade debts44€981
Suppliers440/4€981
Taxes, remuneration and social security45€27,704
Taxes450/3€27,704
Line2025
Profit (loss) for the period9904€68,404
+ Depreciation and write-downs630€1,596
Operating cash flow (approximation)€70,001

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 11-08-2026 2026-00392145

Similar companies · same sector, comparable size

Of the 29,903 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,949. 15,947 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.