ABAQUE
ActiveSummary
ABAQUE has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.3m and a net result of €253,265. Equity is growing by about 2.8% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€253,265▼ 41.6%
2024 · €434,008
Working capital
€1.6m▲ 18.3%
2024 · €1.3m
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 43% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.3m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€13.7m
2025
Equity€13.3m
2025
Debt€0.4m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.6m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.3m-€0.3m▼ 13.6%€0.3m▲ 25.9%€0.5m▲ 54.7%€0.3m▼ 41.5%€0.6m▲ 85.5%€0.3m▼ 43.1%
Net result€0.2m-€0.2m▼ 19.8%€1.1m▲ 497%€0.4m▼ 67.8%€0.2m▼ 36.6%€0.4m▲ 85.5%€0.3m▼ 41.6%
Equity€11.3m-€11.5m▲ 1.7%€12.6m▲ 10.0%€13.0m▲ 2.9%€13.1m▲ 0.9%€13.1m▼ 0.5%€13.3m▲ 1.9%
Total assets€16.8m-€16.8m▲ 0.3%€16.1m▼ 4.0%€15.2m▼ 5.7%€13.6m▼ 10.9%€14.0m▲ 3.1%€13.7m▼ 1.9%
Debt€5.5m-€5.3m▼ 2.5%€3.5m▼ 34.1%€2.2m▼ 36.8%€0.4m▼ 80.2%€0.9m▲ 109%€0.4m▼ 56.7%
Working capital-€0.4m--€0.2m▲ 48.2%€0.9m€1.3m▲ 40.5%€1.4m▲ 5.8%€1.3m▼ 2.7%€1.6m▲ 18.3%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.7m
Fixed assets
€11.7m ▼ 0.1%
Current assets
€2.0m ▼ 11.8%
Equity and liabilities €13.7m
Equity
€13.3m ▲ 1.9%
Debt
€398,777 ▼ 56.7%
Debt's share of the balance-sheet total falls from 6.6% to 2.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€326,337▼
2024 · €566,758
Cash flow
€262,487▼
2024 · €443,334
Current ratio
5.01▲
2024 · 2.48
Debt to equity
0.03▼
2024 · 0.07
ROE
1.9%▼
2024 · 3.3%
ROA
1.8%▼
2024 · 3.1%
Interest coverage
83.16▼
2024 · over 100
Debt ≤ 1 year
€392,034▼
2024 · €897,498
Income taxes
€86,597▼
2024 · €147,789
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.008m | €0.003m | €0.004m | €0.004m | €0.01m | €0.009m | €0.009m | ▼ 1.1% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.007m | €0.002m | €0.002m | ▲ 5.4% |
| Gross operating margin9900 | €0.3m | €0.3m | €0.3m | €0.5m | €0.3m | €0.6m | €0.3m | ▼ 42.3% |
| Operating profit (loss)9901 | €0.3m | €0.3m | €0.3m | €0.5m | €0.3m | €0.6m | €0.3m | ▼ 43.1% |
| Financial income75/76B | - | - | - | €0.03m | €0.01m | €0.03m | €0.03m | ▼ 5.0% |
| Recurring financial income75 | €0.04m | €0.04m | €1.0m | €0.03m | €0.01m | €0.03m | €0.03m | ▼ 5.0% |
| Financial charges65/66B | - | - | - | €58 | €123 | €0.004m | €0.004m | ▲ 6.2% |
| Recurring financial charges65 | €128 | €64 | €91 | €58 | €123 | €0.004m | €0.004m | ▲ 6.2% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.3m | €1.4m | €0.5m | €0.3m | €0.6m | €0.3m | ▼ 41.6% |
| Income taxes67/77 | €0.1m | €0.1m | €0.2m | €0.2m | €0.08m | €0.1m | €0.09m | ▼ 41.4% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €1.1m | €0.4m | €0.2m | €0.4m | €0.3m | ▼ 41.6% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €1.1m | €0.4m | €0.2m | €0.4m | €0.3m | ▼ 41.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €16.8m | €16.8m | €16.1m | €15.2m | €13.6m | €14.0m | €13.7m | ▼ 1.9% |
| Fixed assets21/28 | €11.7m | €11.7m | €11.7m | €11.7m | €11.8m | €11.7m | €11.7m | ▼ 0.1% |
| Tangible fixed assets22/27 | €0.01m | €0.007m | €0.01m | €0.008m | €0.04m | €0.03m | €0.03m | ▼ 21.2% |
| Furniture and vehicles24 | - | - | - | €0.004m | €0.04m | €0.03m | €0.02m | ▼ 30.7% |
| Other tangible fixed assets26 | - | - | - | €0.003m | €0.003m | €0.003m | €0.005m | ▲ 71.0% |
| Assets under construction and advance payments27 | - | - | - | €0.001m | €0 | - | - | - |
| Financial fixed assets28 | €11.7m | €11.7m | €11.7m | €11.7m | €11.7m | €11.7m | €11.7m | = |
| Current assets29/58 | €5.0m | €5.1m | €4.4m | €3.5m | €1.8m | €2.2m | €2.0m | ▼ 11.8% |
| Amounts receivable within one year40/41 | €4.2m | €4.3m | €4.3m | €3.1m | €1.8m | €2.1m | €1.8m | ▼ 16.7% |
| Trade receivables40 | - | - | - | €0.5m | €0.6m | €0.6m | €0.5m | ▼ 24.4% |
| Other amounts receivable41 | - | - | - | €2.7m | €1.2m | €1.5m | €1.3m | ▼ 13.2% |
| Cash at bank and in hand54/58 | €0.8m | €0.7m | €0.06m | €0.3m | €0.03m | €0.05m | €0.2m | ▲ 365% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0.002m | €0.08m | €0.001m | ▼ 99.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €16.8m | €16.8m | €16.1m | €15.2m | €13.6m | €14.0m | €13.7m | ▼ 1.9% |
| Equity10/15 | €11.3m | €11.5m | €12.6m | €13.0m | €13.1m | €13.1m | €13.3m | ▲ 1.9% |
| Contributions10/11 | €0.1m | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.01m | €0.2m | €1.3m | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.01m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €1.7m | €1.7m | €1.7m | €1.7m | = |
| Profit (loss) carried forward14 | €11.2m | €11.2m | €11.2m | €11.2m | €11.3m | €11.2m | €11.5m | ▲ 2.3% |
| Amounts payable17/49 | €5.5m | €5.3m | €3.5m | €2.2m | €0.4m | €0.9m | €0.4m | ▼ 56.7% |
| Amounts payable within one year42/48 | €5.5m | €5.3m | €3.5m | €2.2m | €0.4m | €0.9m | €0.4m | ▼ 56.3% |
| Trade debts44 | €0.02m | €0.04m | €0.04m | €0.08m | €0.03m | €0.006m | €0.006m | ▲ 4.0% |
| Suppliers440/4 | - | - | - | €0.08m | €0.03m | €0.006m | €0.006m | ▲ 4.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €244 | €0.009m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €0.07m | €244 | €0.009m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €2.1m | €0.4m | €0.9m | €0.4m | ▼ 56.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.007m | €0.004m | €0.02m | €0.007m | ▼ 71.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | €1.1m | €0.4m | €0.2m | €0.4m | €0.3m | ▼ 41.6% |
| + Depreciation and write-downs630 | €0.008m | €0.003m | €0.004m | €0.004m | €0.01m | €0.009m | €0.009m | ▼ 1.1% |
| Operating cash flow (approximation) | €0.2m | €0.2m | €1.2m | €0.4m | €0.2m | €0.4m | €0.3m | ▼ 40.8% |
| Investment in fixed assets (approximation) | - | €0.002m | -€0.008m | -€0.001m | -€0.05m | €0 | -€0.002m | - |
| Change in cash | - | -€0.1m | -€0.6m | €0.2m | -€0.2m | €0.01m | €0.2m | ▲ 1,375% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | full format | 27-04-2026 | 2026-00088827 |
| 30-09-2024 | full format | 14-04-2025 | 2025-00069244 |
| 30-09-2023 | full format | 09-04-2024 | 2024-00059896 |
| 30-09-2022 | full format | 15-03-2023 | 2023-00039844 |
| 30-09-2021 | full format | 15-02-2022 | 2022-05600316 |
| 30-09-2020 | full format | 08-03-2021 | 2021-07100246 |
| 30-09-2019 | full format | 02-03-2020 | 2020-06000426 |
| 30-09-2018 | full format | 26-02-2019 | 2019-05800364 |
| 30-09-2017 | full format | 28-03-2018 | 2018-08200411 |
| 30-09-2016 | full format | 14-02-2017 | 2017-04700092 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.