ABASSI CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of ABASSI CONSTRUCT is 2.2% (moderate). The 2025 annual accounts show equity of €6,418 and a net result of €4,943. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 7868 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+36
Solvency72▲+29
Growth32=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
47.5%
Return on assets
36.6%
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
19202122232425
2019 to 2025 · latest year €6,418
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 29-07-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
14 d early
2023
47 d late
2022
58 d late
2021
1 d early
2020
4 d early
2019
15 d early
← 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 10 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€6,418▲ 335%
2024 · €1,475
Total assets
€13,522▲ 65.3%
2024 · €8,178
Net result
€4,943▲ 1,356%
2024 · €339
Working capital
€2,757
2024 · -€3,286
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€12,036▼ 221%€1,686€456▼ 73.0%€623▲ 36.8%€5,249▲ 742%
Net result-€12,274▼ 98.7%€1,377€169▼ 87.7%€339▲ 101%€4,943▲ 1,356%
Equity-€411€966€1,135▲ 17.5%€1,475▲ 29.9%€6,418▲ 335%
Total assets€7,700▼ 54.7%€9,140▲ 18.7%€7,484▼ 18.1%€8,178▲ 9.3%€13,522▲ 65.3%
Debt€8,111▲ 57.5%€8,174▲ 0.8%€6,349▼ 22.3%€6,703▲ 5.6%€7,104▲ 6.0%
Working capital-€978€683€1,135▲ 66.3%-€3,286€2,757
Turnover and EBIT margin not published: the abbreviated or 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 742% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13,522
Fixed assets
€3,661 ▼ 23.1%
Current assets
€9,861 ▲ 189%
Equity and liabilities €13,522
Equity
€6,418 ▲ 335%
Debt
€7,104 ▲ 6.0%
Debt's share of the balance-sheet total falls from 82.0% to 52.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6,349▲
2024 · €1,363
Cash flow
€6,043▲
2024 · €1,079
Current ratio
1.39▲
2024 · 0.51
Debt to equity
1.11▼
2024 · 4.55
ROE
77.0%▲
2024 · 23.0%
ROA
36.6%▲
2024 · 4.2%
Interest coverage
20.77▲
2024 · 4.80
Debt ≤ 1 year
€7,104▲
2024 · €6,703
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €274 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €283 | €283 | €283 | €739 | €1,100 | ▲ 48.8% |
| Other operating charges640/8 | - | €64 | €96 | €641 | - | - |
| Gross operating margin9900 | -€11,480 | €2,033 | €835 | €2,004 | €6,349 | ▲ 217% |
| Operating profit (loss)9901 | -€12,036 | €1,686 | €456 | €623 | €5,249 | ▲ 742% |
| Financial charges65/66B | €238 | €309 | €287 | €284 | €306 | ▲ 7.7% |
| Recurring financial charges65 | €238 | €309 | €287 | €284 | €306 | ▲ 7.7% |
| Profit (loss) for the period before taxes9903 | -€12,274 | €1,377 | €169 | €339 | €4,943 | ▲ 1,356% |
| Profit (loss) for the period9904 | -€12,274 | €1,377 | €169 | €339 | €4,943 | ▲ 1,356% |
| Profit (loss) for the period to be appropriated9905 | -€12,274 | €1,377 | €169 | €339 | €4,943 | ▲ 1,356% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,700 | €9,140 | €7,484 | €8,178 | €13,522 | ▲ 65.3% |
| Fixed assets21/28 | €567 | €283 | - | €4,761 | €3,661 | ▼ 23.1% |
| Tangible fixed assets22/27 | €567 | €283 | - | €4,761 | €3,661 | ▼ 23.1% |
| Furniture and vehicles24 | €567 | €283 | - | €4,761 | €3,661 | ▼ 23.1% |
| Current assets29/58 | €7,133 | €8,856 | €7,484 | €3,418 | €9,861 | ▲ 189% |
| Stocks and contracts in progress3 | €3,800 | €2,569 | €650 | €900 | - | - |
| Stocks30/36 | €3,800 | €2,569 | €650 | €900 | - | - |
| Amounts receivable within one year40/41 | €2,317 | €3,153 | €2,031 | €2,331 | €3,514 | ▲ 50.7% |
| Trade receivables40 | - | - | - | €800 | €2,100 | ▲ 163% |
| Other amounts receivable41 | €2,317 | €3,153 | €2,031 | €1,531 | €1,414 | ▼ 7.7% |
| Cash at bank and in hand54/58 | €214 | €2,547 | €3,501 | €186 | €6,347 | ▲ 3,312% |
| Deferred charges and accrued income490/1 | €803 | €587 | €1,302 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,700 | €9,140 | €7,484 | €8,178 | €13,522 | ▲ 65.3% |
| Equity10/15 | -€411 | €966 | €1,135 | €1,475 | €6,418 | ▲ 335% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Outside capital11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€8,471 | -€7,094 | -€6,925 | -€6,585 | -€1,642 | ▲ 75.1% |
| Amounts payable17/49 | €8,111 | €8,174 | €6,349 | €6,703 | €7,104 | ▲ 6.0% |
| Amounts payable within one year42/48 | €8,111 | €8,174 | €6,349 | €6,703 | €7,104 | ▲ 6.0% |
| Trade debts44 | €4,295 | €269 | €10 | - | - | - |
| Suppliers440/4 | €4,295 | €269 | €10 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €411 | - |
| Taxes450/3 | - | - | - | - | €411 | - |
| Other amounts payable47/48 | €3,816 | €7,905 | €6,339 | €6,703 | €6,693 | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,274 | €1,377 | €169 | €339 | €4,943 | ▲ 1,356% |
| + Depreciation and write-downs630 | €283 | €283 | €283 | €739 | €1,100 | ▲ 48.8% |
| Operating cash flow (approximation) | -€11,991 | €1,661 | €452 | €1,079 | €6,043 | ▲ 460% |
| Investment in fixed assets (approximation) | - | €0 | - | - | €0 | - |
| Change in cash | - | €2,333 | €954 | -€3,315 | €6,161 | ▲ 286% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.51 to 1.39.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Back to profitnet €1,377
Net result €1,377 after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€12,274
Net result drops to -€12,274, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Charleroi · 1 establishment unit since 2019
Ground area
654 m²
Building footprint
304 m²
Volume, LiDAR
1,271 m³
2 parcels, Wallonia · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ABASSI CONSTRUCT
since 20192.285.374.834
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52393B0019/00K002 | Wallonia | 407 m² | 1 · 203 m² | - |
| 52302A0176/00D002indicative | Wallonia | 247 m² | 1 · 101 m² | 16.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 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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Of 7,867 companies in sector 43341 we hold annual accounts for 2,664. 1,330 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
Founded05-02-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
41001General construction of residential buildings
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.