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ABBA

Active
Private limited companyfounded 2011active for 15 yearsOude Baan 141B, 2930 Brasschaat, BelgiumKBO/BCE: BE 0839.997.828

Financials · financial year 2025, micro format

2025 annual accounts filed 19 days after the deadline Filed on 19 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00407017.

Annual accounts 2025 filed on 19-08-2026 at the NBB all 14 filings

Equity
-€178,005
2024 · €154,476
Total assets
€479,808▲ 38.6%
2024 · €346,200
Net result
-€332,481
2024 · €140,368
Working capital
-€189,731
2024 · €154,779
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €339,482, after a profit of €212,751 in 2024. It is the lowest result since 2021.

Operating result-€339,482 2025 Net result-€332,481 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,998--€1,227€1,696€2,174▲ 28.2%€159▼ 92.7%-€715€212,751-€339,482
Net result€843--€2,074€453below the sector's middle half€1,166below the sector's middle half▲ 157%-€1,240below the sector's middle half-€800below the sector's middle half▲ 35.5%€140,368above the sector's middle half-€332,481below the sector's middle half
Equity€16,603-€14,529▼ 12.5%€14,982below the sector's middle half▲ 3.1%€16,148below the sector's middle half▲ 7.8%€14,908below the sector's middle half▼ 7.7%€14,108below the sector's middle half▼ 5.4%€154,476within the sector's middle half▲ 995%-€178,005below the sector's middle half
Total assets€18,296-€15,216▼ 16.8%€17,695below the sector's middle half▲ 16.3%€24,163below the sector's middle half▲ 36.6%€25,420below the sector's middle half▲ 5.2%€14,661below the sector's middle half▼ 42.3%€346,200above the sector's middle half▲ 24×€479,808above the sector's middle half▲ 38.6%
Debt€1,693-€687▼ 59.4%€2,713▲ 295%€8,015▲ 195%€10,512▲ 31.2%€553▼ 94.7%€191,724▲ 347×€657,813▲ 243%
Working capital€13,603-€11,529▼ 15.2%€11,982below the sector's middle half▲ 3.9%€11,473below the sector's middle half▼ 4.2%€8,735below the sector's middle half▼ 23.9%€8,268below the sector's middle half▼ 5.3%€154,779above the sector's middle half▲ 19×-€189,731below the sector's middle half
Solvency90.7%-95.5%▲ 4.7pp84.7%above the sector's middle half▼ 10.8pp66.8%within the sector's middle half▼ 17.8pp58.6%within the sector's middle half▼ 8.2pp96.2%above the sector's middle half▲ 37.6pp44.6%within the sector's middle half▼ 51.6pp-37.1%below the sector's middle half▼ 81.7pp
Current ratio9.03-17.78▲ 8.755.42above the sector's middle half▼ 12.372.43within the sector's middle half▼ 2.991.85within the sector's middle half▼ 0.5815.95above the sector's middle half▲ 14.101.81within the sector's middle half▼ 14.140.71below the sector's middle half▼ 1.10
Return on assets (ROA)4.6%--13.6%▼ 18.2pp2.6%below the sector's middle half▲ 16.2pp4.8%within the sector's middle half▲ 2.3pp-4.9%below the sector's middle half▼ 9.7pp-5.5%below the sector's middle half▼ 0.6pp40.5%above the sector's middle half▲ 46.0pp-69.3%below the sector's middle half▼ 109.8pp
Staff (FTE)0.31▲ 233%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
Assets €479,808
Fixed assets €12,029
Current assets €467,779
Equity and liabilities
Equity-€178,005
Debt€657,813
Equity is negative. Debt (€657,813) exceeds the balance-sheet total (€479,808).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€335,827
Cash flow
-€328,826
Interest coverage
-49.91
Debt ≤ 1 year
€657,510▲
2024 · €191,421
Income taxes
-€13,724▼
2024 · €71,585
Staff costs
€68,536▲
2024 · €18,418
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as ABBA: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €325,000 and €709,000, founded between 2008 and 2014.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
ABBA Brasschaat2011€479,808-€178,005-€266,612-€332,4812025
LUXURY DETAILING Schoten2014€403,506€27,777€554€16,8972025
Reverz Antwerpen2014€349,565€57,669-€36,391-€263,2432025
ENIN Gent2008€514,764€504,743-€38,107-€39,4922025
QILIUM Ath2009€709,363€700,208-€6,619-€4,6842025
DREUN Overijse2008€324,708€265,430-€4,173-€6,9562025
r4apps Belgium Brussel2014€694,510€569,665-€49,803-€66,0642025

They were chosen from the 1,787 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,907 companies had the same profile as ABBA has now. Two years later, 5.8% had gone bankrupt and 85.5% were still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85.5% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ABBA itself: 1.4% within 12 months.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 6,907 companies, not a prediction for ABBA. 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.

Subsidies and aid

Flemish government

2025 · 1 entry · €332 awarded
Schemes
1 entry · €332 · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 at the NBB, filed on 19-08-2026.

Balance sheet Code20242025
Assets
Total assets20/58€346,200€479,808▲
Fixed assets21/28-€12,029
Tangible fixed assets22/27-€8,029
Furniture and vehicles24-€8,029
Financial fixed assets28-€4,000
Current assets29/58€346,200€467,779▲
Amounts receivable within one year40/41€286,060€458,986▲
Trade receivables40€281,529€450,693▲
Other amounts receivable41€4,531€8,293▲
Cash at bank and in hand54/58€60,140€8,793▼
Equity and liabilities
Total equity and liabilities10/49€346,200€479,808▲
Equity10/15€154,476-€178,005▼
Contributions10/11€18,600€18,600=
Reserves13€135,876-
Distributable reserves133€135,876-
Profit (loss) carried forward14€0-€196,605▼
Amounts payable17/49€191,724€657,813▲
Amounts payable within one year42/48€191,421€657,510▲
Financial debts43-€300,000
Credit institutions430/8-€300,000
Trade debts44€48,650€104,527▲
Suppliers440/4€48,650€104,527▲
Taxes, remuneration and social security45€74,240€61,191▼
Taxes450/3€71,585€57,861▼
Remuneration and social security454/9€2,655€3,330▲
Other amounts payable47/48€68,531€191,792▲
Accrued charges and deferred income492/3€303€303=
Income statement Code20242025
Non-recurring operating income76A€60-
Remuneration, social security and pensions62€18,418€68,536▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,655
Other operating charges640/8€118€679▲
Gross operating margin9900€231,287-€266,612▼
Operating profit (loss)9901€212,751-€339,482▼
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€798€6,729▲
Recurring financial charges65€798€6,729▲
Profit (loss) for the period before taxes9903€211,953-€346,205▼
Income taxes67/77€71,585-€13,724▼
Profit (loss) for the period9904€140,368-€332,481▼
Profit (loss) for the period to be appropriated9905€140,368-€332,481▼
Appropriation of the result
Profit (loss) to be appropriated9906€135,876-€332,481▼
Profit (loss) brought forward from the previous period14P-€4,492€0▲
Transfer from equity791/2-€135,876
Transfer to equity691/2€135,876-
To other reserves6921€135,876-

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€60--
Remuneration, social security and pensions62------€18,418€68,536▲ 272%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€295€412€612-€3,655-
Other operating charges640/8---€101€102€109€118€679▲ 475%
Gross operating margin9900€2,094-€1,129€1,796€2,570€673€6€231,287-€266,612-
Operating profit (loss)9901€1,998-€1,227€1,696€2,174€159-€715€212,751-€339,482-
Financial income75/76B-------€6-
Recurring financial income75--€2----€6-
Financial charges65/66B---€216€373€85€798€6,729▲ 743%
Recurring financial charges65€101€86€155€216€373€85€798€6,729▲ 743%
Profit (loss) for the period before taxes9903€1,897-€1,313€1,543€1,958-€214-€800€211,953-€346,205-
Income taxes67/77€1,054€761€1,090€792€1,026-€71,585-€13,724-
Profit (loss) for the period9904€843-€2,074€453€1,166-€1,240-€800€140,368-€332,481-
Profit (loss) for the period to be appropriated9905€843-€2,074€453€1,166-€1,240-€800€140,368-€332,481-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€18,296€15,216€17,695€24,163€25,420€14,661€346,200€479,808▲ 38.6%
Fixed assets21/28€3,000€3,000€3,000€4,675€6,452€5,840-€12,029-
Tangible fixed assets22/27---€1,675€3,452€2,840-€8,029-
Plant, machinery and equipment23----€2,171€1,953---
Furniture and vehicles24---€1,675€1,281€887-€8,029-
Financial fixed assets28€3,000€3,000€3,000€3,000€3,000€3,000-€4,000-
Current assets29/58€15,296€12,216€14,695€19,488€18,968€8,821€346,200€467,779▲ 35.1%
Amounts receivable within one year40/41€13,784€10,981€11,799€18,548€18,131€8,531€286,060€458,986▲ 60.5%
Trade receivables40---€18,548€18,131€1,440€281,529€450,693▲ 60.1%
Other amounts receivable41-----€7,091€4,531€8,293▲ 83.0%
Cash at bank and in hand54/58€1,512€1,235€2,896€940€837€290€60,140€8,793▼ 85.4%
Equity and liabilities
Total equity and liabilities10/49€18,296€15,216€17,695€24,163€25,420€14,661€346,200€479,808▲ 38.6%
Equity10/15€16,603€14,529€14,982€16,148€14,908€14,108€154,476-€178,005-
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13------€135,876--
Distributable reserves133------€135,876--
Profit (loss) carried forward14-€1,997-€4,071-€3,618-€2,452-€3,692-€4,492€0-€196,605-
Amounts payable17/49€1,693€687€2,713€8,015€10,512€553€191,724€657,813▲ 243%
Amounts payable within one year42/48€1,693€687€2,713€8,015€10,233€553€191,421€657,510▲ 243%
Financial debts43-------€300,000-
Credit institutions430/8-------€300,000-
Trade debts44€1,426-€1,197€1,280€1,016-€48,650€104,527▲ 115%
Suppliers440/4---€1,280€1,016-€48,650€104,527▲ 115%
Taxes, remuneration and social security45---€1,026€1,220€553€74,240€61,191▼ 17.6%
Taxes450/3---€1,026€1,220€553€71,585€57,861▼ 19.2%
Remuneration and social security454/9------€2,655€3,330▲ 25.4%
Other amounts payable47/48---€5,709€7,997-€68,531€191,792▲ 180%
Accrued charges and deferred income492/3----€279-€303€303=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€843-€2,074€453€1,166-€1,240-€800€140,368-€332,481-
+ Depreciation and write-downs630---€295€412€612-€3,655-
Operating cash flow (approximation)€843-€2,074€453€1,461-€828-€188€140,368-€328,826-
Investment in fixed assets (approximation)-€0€0-€1,970-€2,189€0---
Change in cash--€277€1,661-€1,956-€103-€547€59,850-€51,347-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 19-08-2026 2026-00407017 NBB
31-12-2024 micro format 28-08-2025 2025-00428099 PDF
31-12-2023 micro format 11-09-2024 2024-00460359 PDF
31-12-2022 micro format 08-08-2023 2023-00332381 PDF
31-12-2021 micro format 29-07-2022 2022-20273688 PDF
31-12-2020 micro format 15-08-2021 2021-50400270 PDF
31-12-2019 micro format 15-07-2020 2020-31000245 PDF
31-12-2018 micro format 08-07-2019 2019-32300095 PDF
31-12-2017 micro format 10-07-2018 2018-32800471 PDF
31-12-2016 micro format 27-07-2017 2017-39700241 PDF

Show all 14 filings

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