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ABASSI CONSTRUCT

Active Private limited companyfounded 2019active for 7 yearsRue du Berceau 1, 6001 CharleroiKBO/BCE: BE 0719.802.059

Lifetime

7 annual accounts with figures on one time axis
peak €11,839 (2019)
€6,349▲ 217%
lowest -€12,274 (2021)
€4,943▲ 15×
peak €18,039 (2019)
€6,418▲ 335%
€7,104▲ 6.0%
Board2 names since 2019
1 director
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €2,004 to €6,349Result from €339 to €4,943Equity from €1,475 to €6,418Cash from €186 to €6,347

Key points

from the 2025 annual accounts

Equity

€6,418 ▲ 335%

ABASSI CONSTRUCT has made a profit without a break since 2022.

Turnover

≈ €63,000 estimated

The micro format states no turnover.

Liquidity

1.39 was 0.51 in 2024

Short-term debts rose from €6,703 to €7,104.

Filings

7 annual accounts 2 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 58 days after the end of the period.

Position in the sector

€6,418

Less equity than 86% of companies in specialised construction. Sector median €57,780 · 37,285 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as ABASSI CONSTRUCT has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,973 companies, not a prediction for ABASSI CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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Signals

Board and ownership

Director, since 05-02-2019
  • 100 sharesdeed of 07-07-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0719802059
Amendment of the articles · Legal-form change · Resignations & appointments Resignation: (statutory manager) · Reappointment: (statutory director) · Registered office clause: 1, 6001 Marcienelle rue du Berceau · General meeting of 23-11-2023 · Gazette deed
Resignation: (manager) Transfer of shares from to · holds 100 shares · General meeting of 27-06-2022 · Gazette deed
Incorporation Founding capital of €18,600, 100 shares · Founders: ; · Appointments: (manager) and (manager) · published on 15-02-2019 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
ABASSI CONSTRUCT Charleroi €13,522 €6,349 47.5% -
Clement - Verelst Partners Hulshout €15,588 €6,418 9.4% -
Jomacy Décoration Grez-Doiceau €17,239 €7,656 54.9% -
METILUX Aubange €13,258 €9,277 -47.4% -
MuurPuur Deinze €17,132 €8,000 -42.5% -
Toptimalux Lier €9,395 €5,206 12.7% -
WOONDECO1 Hasselt €16,118 €10,138 50.8% -

These companies have the same main activity as ABASSI CONSTRUCT: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €9,400 and €17,200, founded between 2016 and 2020.

Official details

Source: KBO
Status
Active since 05-02-2019Normal situation
Activity
Painting of buildingsNACE 43341and 2 others
Establishment unit
2.285.374.8346000 Charleroi, since 05-02-2019
Financial year end
31 December
Peppol
Reachable since 12-12-2025
Company details

Annual accounts 2025

€13,522▲ 65.3%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on ABASSI CONSTRUCT

ABASSI CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €11,839 in 2019 to €6,349 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ABASSI CONSTRUCT

What is the company number of ABASSI CONSTRUCT?
The company number of ABASSI CONSTRUCT is 0719.802.059. The VAT number is the same number with BE in front: BE 0719.802.059.
Where is ABASSI CONSTRUCT based?
The registered office is at Rue du Berceau 1, 6001 Charleroi.Company details
What does ABASSI CONSTRUCT do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of ABASSI CONSTRUCT?
ABASSI CONSTRUCT is a private limited company (BV).
When was ABASSI CONSTRUCT founded?
ABASSI CONSTRUCT was founded on 05-02-2019.
Is ABASSI CONSTRUCT still active?
Yes, ABASSI CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of ABASSI CONSTRUCT?
The turnover in financial year 2025 is ≈ €63,000. This figure is estimated from the gross margin of €6,349 and 173 comparable companies (NACE 433). It probably lies between €37,000 and €130,000. It is a rough estimate.Financials
Is ABASSI CONSTRUCT profitable?
In financial year 2025, ABASSI CONSTRUCT made a profit of €4,943.
Where can I find the annual accounts of ABASSI CONSTRUCT?
ABASSI CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ABASSI CONSTRUCT due?
ABASSI CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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