ABATEX. A
ActiveSummary
The computed 12-month bankruptcy probability of ABATEX. A is 2.1% (moderate). The 2024 annual accounts show equity of €4.0m and a net result of €595,158. Equity is growing by ~7.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 6537 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability81▲+21
Solvency88▲+7
Growth74▲+17
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days acceptable
Liquidity ample (current ratio 2.94 against 2.53 in 2023; short-term debt: 29.4% and cash: 13.3% of total assets), and 36.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.2%
Return on assets
9.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
58 d late
2022
66 d late
2021
60 d late
2020
88 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 70 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#1 employer in Jalhay#2 company by equity in Jalhay, Wholesale and retail trade sector#3 company by total assets in Jalhay, Wholesale and retail trade sector
Turnover
€7.8m▲ 55.6%
2020 · €5.0m
EBIT margin
5.8%▼ 3.2pp
2020 · 9.0%
Net result
€595,158▲ 224%
2023 · €183,783
Working capital
€3.6m▲ 12.4%
2023 · €3.2m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Turnover€5.0m▼ 19.2%€7.8m▲ 55.6%
Operating result€450,239▼ 10.3%€450,514▲ 0.1%€196,446▼ 56.4%€171,918▼ 12.5%€618,082▲ 260%
Net result€356,757above the sector's middle half▼ 6.1%€290,990above the sector's middle half▼ 18.4%€163,310above the sector's middle half▼ 43.9%€183,783above the sector's middle half▲ 12.5%€595,158above the sector's middle half▲ 224%
EBIT margin9.0%▲ 0.9pp5.8%▼ 3.2pp
Equity€3.0mabove the sector's middle half▲ 13.6%€3.0mabove the sector's middle half▲ 2.1%€3.2mabove the sector's middle half▲ 5.4%€3.4mabove the sector's middle half▲ 5.7%€4.0mabove the sector's middle half▲ 17.6%
Total assets€4.6mabove the sector's middle half▲ 0.1%€6.1mabove the sector's middle half▲ 34.3%€6.1mabove the sector's middle half▼ 0.1%€6.1mabove the sector's middle half▼ 0.7%€6.3mabove the sector's middle half▲ 3.4%
Debt€1.6m▼ 18.1%€3.1m▲ 94.5%€2.9m▼ 5.4%€2.7m▼ 7.7%€2.3m▼ 14.3%
Working capital€2.7m▲ 10.2%€3.4m▲ 24.7%€3.3m▼ 2.9%€3.2m▼ 2.3%€3.6m▲ 12.4%
Solvency65.2%above the sector's middle half▲ 7.7pp49.5%within the sector's middle half▼ 15.6pp52.3%within the sector's middle half▲ 2.7pp55.6%within the sector's middle half▲ 3.4pp63.2%above the sector's middle half▲ 7.6pp
Staff (FTE)26.3above the sector's middle half▼ 12.6%35above the sector's middle half▲ 33.1%45above the sector's middle half▲ 28.6%47.5above the sector's middle half▲ 5.6%43.9above the sector's middle half▼ 7.6%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 260% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.3m
Fixed assets
€851,484 ▲ 5.7%
Current assets
€5.4m ▲ 3.1%
Equity and liabilities €6.3m
Equity
€4.0m ▲ 17.6%
Debt
€2.3m ▼ 14.3%
Debt's share of the balance-sheet total falls from 44.4% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€797,983▲
2023 · €327,530
Cash flow
€775,060▲
2023 · €339,395
Current ratio
2.94▲
2023 · 2.53
Quick ratio
0.85▲
2023 · 0.56
Debt to equity
0.58▼
2023 · 0.80
ROE
15.0%▲
2023 · 5.4%
ROA
9.5%▲
2023 · 3.0%
Interest coverage
9.76▲
2023 · 4.51
Debt ≤ 1 year
€1.9m▼
2023 · €2.1m
Debt > 1 year
€300,000▼
2023 · €450,000
Income taxes
€71,409▲
2023 · €35,416
Staff costs
€2.0m▲
2023 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 20,082 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €5.0m | €7.8m | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €5.9m | €7.3m | - | €7.3m | - |
| Remuneration, social security and pensions62 | - | €1.3m | €1.9m | €1.9m | €2.0m | ▲ 3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,803 | €93,793 | €119,828 | €155,612 | €179,902 | ▲ 15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €49,465 | €100,309 | - | - | - |
| Other operating charges640/8 | - | €7,719 | €6,443 | €9,130 | €10,411 | ▲ 14.0% |
| Gross operating margin9900 | €1.2m | €1.9m | €2.4m | €2.3m | €2.8m | ▲ 24.0% |
| Operating profit (loss)9901 | €450,239 | €450,514 | €196,446 | €171,918 | €618,082 | ▲ 260% |
| Financial income75/76B | - | €72,179 | €120,236 | €119,919 | €130,287 | ▲ 8.6% |
| Recurring financial income75 | €26,306 | €72,179 | €120,236 | €119,852 | €123,485 | ▲ 3.0% |
| Non-recurring financial income76B | - | - | - | €66 | €6,802 | ▲ 10,139% |
| Financial charges65/66B | - | €38,142 | €58,950 | €72,638 | €81,801 | ▲ 12.6% |
| Recurring financial charges65 | €25,654 | €38,142 | €58,950 | €72,638 | €81,801 | ▲ 12.6% |
| Profit (loss) for the period before taxes9903 | €450,890 | €484,551 | €257,731 | €219,199 | €666,568 | ▲ 204% |
| Income taxes67/77 | €94,133 | €193,561 | €94,421 | €35,416 | €71,409 | ▲ 102% |
| Profit (loss) for the period9904 | €356,757 | €290,990 | €163,310 | €183,783 | €595,158 | ▲ 224% |
| Profit (loss) for the period to be appropriated9905 | €356,757 | €290,990 | €163,310 | €183,783 | €595,158 | ▲ 224% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.6m | €6.1m | €6.1m | €6.1m | €6.3m | ▲ 3.4% |
| Fixed assets21/28 | €491,895 | €705,494 | €716,067 | €805,650 | €851,484 | ▲ 5.7% |
| Intangible fixed assets21 | €923 | €138,655 | €126,761 | €86,940 | €60,668 | ▼ 30.2% |
| Tangible fixed assets22/27 | €489,760 | €565,627 | €588,094 | €717,498 | €674,277 | ▼ 6.0% |
| Land and buildings22 | - | €424,072 | €392,925 | €361,779 | €330,633 | ▼ 8.6% |
| Plant, machinery and equipment23 | - | €103,360 | €159,064 | €317,950 | €282,373 | ▼ 11.2% |
| Furniture and vehicles24 | - | €38,195 | €36,104 | €37,769 | €61,271 | ▲ 62.2% |
| Financial fixed assets28 | €1,212 | €1,212 | €1,212 | €1,212 | €116,538 | ▲ 9,514% |
| Current assets29/58 | €4.1m | €5.4m | €5.4m | €5.3m | €5.4m | ▲ 3.1% |
| Stocks and contracts in progress3 | €3.5m | €3.8m | €4.3m | €4.1m | €3.9m | ▼ 6.1% |
| Stocks30/36 | - | €3.8m | €4.3m | €4.1m | €3.9m | ▼ 6.1% |
| Amounts receivable within one year40/41 | €66,420 | €113,249 | €187,921 | €224,890 | €211,232 | ▼ 6.1% |
| Trade receivables40 | - | €113,249 | €187,921 | €224,890 | €211,232 | ▼ 6.1% |
| Current investments50/53 | - | - | - | €200,000 | €500,000 | ▲ 150% |
| Cash at bank and in hand54/58 | €464,834 | €1.4m | €928,593 | €718,968 | €834,178 | ▲ 16.0% |
| Deferred charges and accrued income490/1 | - | €44,416 | €16,423 | €23,136 | €36,025 | ▲ 55.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.6m | €6.1m | €6.1m | €6.1m | €6.3m | ▲ 3.4% |
| Equity10/15 | €3.0m | €3.0m | €3.2m | €3.4m | €4.0m | ▲ 17.6% |
| Contributions10/11 | €110,000 | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Capital10 | - | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Issued capital100 | - | €110,000 | €110,000 | €110,000 | €110,000 | = |
| Reserves13 | €2.9m | €2.9m | €3.1m | €3.3m | €3.9m | ▲ 18.2% |
| Non-distributable reserves130/1 | - | €17,366 | €17,366 | €17,366 | €17,366 | = |
| Legal reserve130 | - | €17,366 | €17,366 | €17,366 | €17,366 | = |
| Tax-exempt reserves132 | - | €16,000 | €16,000 | €16,000 | €16,000 | = |
| Distributable reserves133 | - | €2.9m | €3.1m | €3.2m | €3.8m | ▲ 18.4% |
| Amounts payable17/49 | €1.6m | €3.1m | €2.9m | €2.7m | €2.3m | ▼ 14.3% |
| Amounts payable after more than one year17 | €203,079 | €1.0m | €700,000 | €450,000 | €300,000 | ▼ 33.3% |
| Financial debts170/4 | - | €1.0m | €700,000 | €450,000 | €300,000 | ▼ 33.3% |
| Amounts payable within one year42/48 | €1.4m | €2.1m | €2.1m | €2.1m | €1.9m | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | €345,764 | €307,252 | €739,878 | €150,000 | ▼ 79.7% |
| Financial debts43 | - | - | €3,805 | €43,206 | €42,081 | ▼ 2.6% |
| Credit institutions430/8 | - | - | €3,805 | €43,206 | €42,081 | ▼ 2.6% |
| Trade debts44 | €289,085 | €443,185 | €568,393 | - | €444,905 | - |
| Suppliers440/4 | - | €443,185 | €568,393 | - | €444,905 | - |
| Taxes, remuneration and social security45 | - | €377,347 | €421,185 | €442,265 | €455,174 | ▲ 2.9% |
| Taxes450/3 | - | €170,120 | €128,887 | €137,224 | €122,461 | ▼ 10.8% |
| Remuneration and social security454/9 | - | €207,226 | €292,299 | €305,042 | €332,713 | ▲ 9.1% |
| Other amounts payable47/48 | - | €893,016 | €839,638 | €860,182 | €758,812 | ▼ 11.8% |
| Accrued charges and deferred income492/3 | - | €26,456 | €84,262 | €164,958 | €163,065 | ▼ 1.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €356,757 | €290,990 | €163,310 | €183,783 | €595,158 | ▲ 224% |
| + Depreciation and write-downs630 | €52,803 | €93,793 | €119,828 | €155,612 | €179,902 | ▲ 15.6% |
| Operating cash flow (approximation) | €409,560 | €384,783 | €283,138 | €339,395 | €775,060 | ▲ 128% |
| Investment in fixed assets (approximation) | - | -€307,392 | -€130,402 | -€245,195 | -€225,735 | ▲ 7.9% |
| Change in cash | - | €956,510 | -€492,751 | -€209,624 | €115,209 | ▲ 155% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €595,158 ▲224%
Operating result €618,082, net result €595,158, both a record.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €163,310 ▼43.9%
Net result drops to €163,310, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 60 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 55 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 39 days late
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, Jalhay · 10 establishment units since 2003
Ground area
1.5 ha
Building footprint
7,820 m²
Volume, LiDAR
115,357 m³
10 parcels, Brussels, Flanders, Wallonia · tallest building 31.9 m, ±9 floors. Linked by address, not a title deed.
10 establishment units
KARIBOE HASSELT
since 20032.132.568.952
ALPISPORT NAMUR
since 20032.132.569.150
ABATEX
since 20032.132.569.249
STARPOLE
since 20032.132.569.348
SPRL ABATEX
since 20092.179.601.480
KARIBOE LEUVEN
since 20152.239.197.983
Show 4 more locations
ABATEX
since 20182.275.789.353
AVVENTURA
since 20212.315.226.385
JOGGING PLUS BRUXELLES
since 20212.323.412.393
ABSOLUTE RUN/JOGGING PLUS LIEGE
since 20212.323.412.789
10 parcels
Flanders
3
(30%)
Wallonia
4
(40%)
Brussels
3
(30%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068C0959/00V000 | Wallonia | 3,380 m² | 1 · 223 m² | 8.8 m · 2 fl. |
| 21005A0576/00G002 | Brussels | 3,287 m² | 1 · 1,858 m² | 27.9 m · 2 fl. |
| 21805E0482/00C000 | Brussels | 3,149 m² | 1 · 3,026 m² | 31.9 m · 9 fl. |
| 62087B0298/00S002indicative | Wallonia | 2,458 m² | 1 · 800 m² | 7.3 m · 2 fl. |
| 71327G0170/00E003 | Flanders | 728 m² | 1 · 217 m² | - |
| 44804D2489/00E000 | Flanders | 620 m² | 1 · 561 m² | 18.9 m · 5 fl. |
| 21002A0138/00C010 | Brussels | 480 m² | 1 · 478 m² | 17.3 m · 2 fl. |
| 24434F0313/00M003 | Flanders | 461 m² | 1 · 461 m² | 12.1 m · 2 fl. |
| 62814C0214/00M008 | Wallonia | 415 m² | 1 · 122 m² | - |
| 92322G0050/00_000 ProtectedSite or landscape |
Wallonia | 382 m² | 1 · 73 m² | 24.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
9 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLeuven2.239.197.983
Legal Entity Identifier
549300L89P1ED3XG3J68
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,439. 463 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
Founded18-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46423Wholesale of clothing, excluding workwear and underwear
Contact
Phone
02/734-02-22Etterbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0480089028
Also
9925:BE0480089028
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.