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ABBAM

Open bankruptcy
Private limited company (pre-2019)founded 2019Kasteelstraat 73, 9140 Temse, BelgiumKBO/BCE: BE 0725.450.429

A bankruptcy procedure is open for ABBAM according to publications in the Belgian State Gazette; curator: TIM DIERYNCK.

Summary

The 2022 annual accounts show negative equity (-€68,562) and a net result of -€23,086.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Kortrijk division
Declared bankrupt
19 November 2024
Supervising judge
Dirk Coussee
Official Gazette
25-11-2024 (pdf) ↗search the document for 2024/145560

Curator

  • Tim DierynckStationsstraat 82A/0001, 8860 Lendeledetim@advocaatdierynck.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
59 d late
2020
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 April 2019, ABBAM was incorporated.1 Total assets went from EUR 15,610 in 2020 to EUR 7,558 in 2022.2 The company was declared bankrupt on 19 November 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2022
  3. 3Belgian State Gazette, 25-11-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
-€68,562▼ 50.8%
2021 · -€45,476
Total assets
€7,558▼ 59.6%
2021 · €18,715
Net result
-€23,086▲ 34.9%
2021 · -€35,465
Working capital
-€75,769▼ 43.4%
2021 · -€52,835
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
Line202020212022
Operating result-€24,277--€35,462▼ 46.1%-€23,041▲ 35.0%
Net result-€24,471--€35,465▼ 44.9%-€23,086▲ 34.9%
Equity-€10,011--€45,476▼ 354%-€68,562▼ 50.8%
Total assets€15,610-€18,715▲ 19.9%€7,558▼ 59.6%
Debt€25,621-€64,191▲ 151%€76,120▲ 18.6%
Working capital-€17,854--€52,835▼ 196%-€75,769▼ 43.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€24,277-€24,277Net result 2020: -€24,471-€24,471Operating result 2021: -€35,462-€35,462Net result 2021: -€35,465-€35,465Operating result 2022: -€23,041-€23,041Net result 2022: -€23,086-€23,086202020212022-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€24,277-€24,300Net result 2020: -€24,471-€24,500Operating result 2021: -€35,462-€35,500Net result 2021: -€35,465-€35,500Operating result 2022: -€23,041-€23,000Net result 2022: -€23,086-€23,100202020212022
The operating result stays negative: a loss of €23,041 in 2022 against €35,462 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €7,558
Fixed assets €7,207 ▼ 2.1%
Current assets €351 ▼ 96.9%
Key figures and ratios
2022 value · change against 2021
EBITDA
-€22,889▲
2021 · -€34,978
Cash flow
-€22,934▲
2021 · -€34,981
Solvency
-907.1%▼
2021 · -243.0%
Current ratio
0.00▼
2021 · 0.18
Debt to equity
-1.11▲
2021 · -1.41
ROA
-305.5%▼
2021 · -189.5%
Interest coverage
-508.64▲
2021 · -11659.33
Debt ≤ 1 year
€76,120▲
2021 · €64,191
Staff costs
€12,683▼
2021 · €29,691
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 38 lines
Balance sheet Code20212022
Assets
Total assets20/58€18,715€7,558▼
Fixed assets21/28€7,359€7,207▼
Intangible fixed assets21€92-
Tangible fixed assets22/27€60-
Plant, machinery and equipment23€60-
Financial fixed assets28€7,207€7,207=
Current assets29/58€11,356€351▼
Amounts receivable within one year40/41€11,356-
Trade receivables40€11,356-
Cash at bank and in hand54/58-€351
Equity and liabilities
Total equity and liabilities10/49€18,715€7,558▼
Equity10/15-€45,476-€68,562▼
Contributions10/11€14,460€14,460=
Capital10€14,460€14,460=
Issued capital100€14,460€14,460=
Profit (loss) carried forward14-€59,936-€83,022▼
Amounts payable17/49€64,191€76,120▲
Amounts payable within one year42/48€64,191€76,120▲
Financial debts43€266€54▼
Credit institutions430/8€266€54▼
Trade debts44€15,303€4,565▼
Suppliers440/4€15,303€4,565▼
Taxes, remuneration and social security45€7,805€16,935▲
Taxes450/3€1,224€1,644▲
Remuneration and social security454/9€6,581€15,291▲
Other amounts payable47/48€40,817€54,566▲
Income statement Code20212022
Remuneration, social security and pensions62€29,691€12,683▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€484€152▼
Other operating charges640/8€959€1,073▲
Gross operating margin9900-€4,328-€9,133▼
Operating profit (loss)9901-€35,462-€23,041▲
Financial charges65/66B€3€45▲
Recurring financial charges65€3€45▲
Profit (loss) for the period before taxes9903-€35,465-€23,086▲
Profit (loss) for the period9904-€35,465-€23,086▲
Profit (loss) for the period to be appropriated9905-€35,465-€23,086▲
Appropriation of the result
Profit (loss) to be appropriated9906-€59,936-€83,022▼
Profit (loss) brought forward from the previous period14P-€24,471-€59,936▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022Change
Remuneration, social security and pensions62-€29,691€12,683▼ 57.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814€484€152▼ 68.6%
Other operating charges640/8-€959€1,073▲ 11.9%
Gross operating margin9900€303-€4,328-€9,133▼ 111%
Operating profit (loss)9901-€24,277-€35,462-€23,041▲ 35.0%
Financial charges65/66B-€3€45▲ 1,400%
Recurring financial charges65€194€3€45▲ 1,400%
Profit (loss) for the period before taxes9903-€24,471-€35,465-€23,086▲ 34.9%
Profit (loss) for the period9904-€24,471-€35,465-€23,086▲ 34.9%
Profit (loss) for the period to be appropriated9905-€24,471-€35,465-€23,086▲ 34.9%
Line202020212022Change
Assets
Total assets20/58€15,610€18,715€7,558▼ 59.6%
Fixed assets21/28€7,843€7,359€7,207▼ 2.1%
Intangible fixed assets21€409€92--
Tangible fixed assets22/27€227€60--
Plant, machinery and equipment23-€60--
Financial fixed assets28€7,207€7,207€7,207=
Current assets29/58€7,767€11,356€351▼ 96.9%
Amounts receivable within one year40/41€5,690€11,356--
Trade receivables40-€11,356--
Cash at bank and in hand54/58€2,077-€351-
Equity and liabilities
Total equity and liabilities10/49€15,610€18,715€7,558▼ 59.6%
Equity10/15-€10,011-€45,476-€68,562▼ 50.8%
Contributions10/11€14,460€14,460€14,460=
Capital10-€14,460€14,460=
Issued capital100-€14,460€14,460=
Profit (loss) carried forward14-€24,471-€59,936-€83,022▼ 38.5%
Amounts payable17/49€25,621€64,191€76,120▲ 18.6%
Amounts payable within one year42/48€25,621€64,191€76,120▲ 18.6%
Financial debts43-€266€54▼ 79.7%
Credit institutions430/8-€266€54▼ 79.7%
Trade debts44€8,745€15,303€4,565▼ 70.2%
Suppliers440/4-€15,303€4,565▼ 70.2%
Taxes, remuneration and social security45-€7,805€16,935▲ 117%
Taxes450/3-€1,224€1,644▲ 34.3%
Remuneration and social security454/9-€6,581€15,291▲ 132%
Other amounts payable47/48-€40,817€54,566▲ 33.7%
Line202020212022Change
Profit (loss) for the period9904-€24,471-€35,465-€23,086▲ 34.9%
+ Depreciation and write-downs630€814€484€152▼ 68.6%
Operating cash flow (approximation)-€23,657-€34,981-€22,934▲ 34.4%
Investment in fixed assets (approximation)-€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
25-11
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 19-11-2024
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
28-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
31-12
Financial Weakest financial yearnet -€35,465
Net result drops to -€35,465, the lowest in the series.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Temse · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
226 m²
Building footprint
144 m²
Volume, LiDAR
730 m³
Parcel 46302D0728/00Y000, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
abbam
Kasteelstraat 73, 9140 TemseNACE 45206
since 20192.288.404.105
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46302D0728/00Y000 Flanders 226 m² 1 · 144 m² 12.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator TIM DIERYNCK
STATIONSSTRAAT 82A/0001, 8860 LENDELEDE
19-11-2024 → present

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded17-04-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0725450429
Also 9925:BE0725450429
Registered 16-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.