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ABC-DEV

Active
Private limited companyfounded 20188 yrs activeChaussée de Tervuren 118, 1410 Waterloo, BelgiumKBO/BCE: BE 0690.904.670
Summary

ABC-DEV has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18,600 and a net result of €99,083. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 14% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability100=
Solvency40▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.15 in 2023; short-term debt: 85.4% and cash: 63.2% of total assets), and 85.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
14.6%
Return on assets
77.9%
Age of the figures
21 mo
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 20783 sector peers (2024).
NBB · sector comparison
Position among 20783 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
29 d early
2023
57 d early
2022
31 d early
2021
31 d early
2020
5 d early
2019
37 d early
← 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 32 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed 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

ABC-DEV was incorporated on 23 February 2018.1 Total assets rose from EUR 9,737 in 2018 to EUR 127,150 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€18,600=
2023 · €18,600
Total assets
€127,150▼ 1.7%
2023 · €129,338
Net result
€99,083▼ 3.2%
2023 · €102,398
Working capital
€9,325▼ 45.0%
2023 · €16,950
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
Line20202021202220232024
Operating result€88,802▲ 146%€108,346▲ 22.0%€111,327▲ 2.8%€137,876▲ 23.8%€133,356▼ 3.3%
Net result€70,328▲ 143%€85,331▲ 21.3%€82,478▼ 3.3%€102,398▲ 24.2%€99,083▼ 3.2%
Equity€108,067▲ 180%€12,400▼ 88.5%€18,600▲ 50.0%€18,600=€18,600=
Total assets€126,000▲ 203%€204,119▲ 62.0%€125,649▼ 38.4%€129,338▲ 2.9%€127,150▼ 1.7%
Debt€17,932▲ 502%€191,719▲ 969%€107,049▼ 44.2%€110,738▲ 3.4%€108,550▼ 2.0%
Working capital€107,554▲ 191%€11,636▼ 89.2%€15,568▲ 33.8%€16,950▲ 8.9%€9,325▼ 45.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €88,802€88,802Net result 2020: €70,328€70,328Operating result 2021: €108,346€108,346Net result 2021: €85,331€85,331Operating result 2022: €111,327€111,327Net result 2022: €82,478€82,478Operating result 2023: €137,876€137,876Net result 2023: €102,398€102,398Operating result 2024: €133,356€133,356Net result 2024: €99,083€99,08320202021202220232024€0€50,000€100,000€150,000Operating result 2022: €111,327€111,000Net result 2022: €82,478€82,500Operating result 2023: €137,876€138,000Net result 2023: €102,398€102,000Operating result 2024: €133,356€133,000Net result 2024: €99,083€99,100202220232024
The operating result falls in 2024; 2024 is 3% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €127,150
Fixed assets €9,275 ▲ 462%
Current assets €117,875 ▼ 7.7%
Equity and liabilities €127,150
Equity €18,600 =
Debt €108,550 ▼ 2.0%
Debt's share of the balance-sheet total falls from 85.6% to 85.4%. Debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€137,937▼
2023 · €139,258
Cash flow
€103,665▼
2023 · €103,780
Current ratio
1.09▼
2023 · 1.15
Debt to equity
5.84▼
2023 · 5.95
ROE
532.7%▼
2023 · 550.5%
ROA
77.9%▼
2023 · 79.2%
Interest coverage
1094.13▲
2023 · 253.21
Debt ≤ 1 year
€108,550▼
2023 · €110,738
Income taxes
€34,146▼
2023 · €34,928
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 · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€129,338€127,150▼
Fixed assets21/28€1,650€9,275▲
Tangible fixed assets22/27€1,650€9,275▲
Furniture and vehicles24€1,650€9,275▲
Current assets29/58€127,688€117,875▼
Amounts receivable within one year40/41€36,111€37,285▲
Trade receivables40€34,533€36,331▲
Other amounts receivable41€1,578€954▼
Cash at bank and in hand54/58€91,577€80,370▼
Deferred charges and accrued income490/1-€220
Equity and liabilities
Total equity and liabilities10/49€129,338€127,150▼
Equity10/15€18,600€18,600=
Contributions10/11€18,600€18,600=
Amounts payable17/49€110,738€108,550▼
Amounts payable within one year42/48€110,738€108,550▼
Trade debts44€1,143-
Suppliers440/4€1,143-
Taxes, remuneration and social security45€2,982€5,251▲
Taxes450/3€2,982€5,251▲
Other amounts payable47/48€106,613€103,299▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,382€4,581▲
Other operating charges640/8€384€625▲
Gross operating margin9900€139,642€138,563▼
Operating profit (loss)9901€137,876€133,356▼
Financial charges65/66B€550€126▼
Recurring financial charges65€550€126▼
Profit (loss) for the period before taxes9903€137,326€133,230▼
Income taxes67/77€34,928€34,146▼
Profit (loss) for the period9904€102,398€99,083▼
Profit (loss) for the period to be appropriated9905€102,398€99,083▼
Appropriation of the result
Profit (loss) to be appropriated9906€102,398€99,083▼
Profit to be distributed694/7€102,398€99,083▼
Return on contributions (dividend)694€102,398€99,083▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,335€402€995€1,382€4,581▲ 232%
Other operating charges640/8-€867€348€384€625▲ 62.7%
Gross operating margin9900€90,137€109,615€112,670€139,642€138,563▼ 0.8%
Operating profit (loss)9901€88,802€108,346€111,327€137,876€133,356▼ 3.3%
Financial income75/76B--€1---
Recurring financial income75--€1---
Financial charges65/66B-€545€556€550€126▼ 77.1%
Recurring financial charges65€610€545€556€550€126▼ 77.1%
Profit (loss) for the period before taxes9903€88,192€107,801€110,772€137,326€133,230▼ 3.0%
Income taxes67/77€17,864€22,469€28,294€34,928€34,146▼ 2.2%
Profit (loss) for the period9904€70,328€85,331€82,478€102,398€99,083▼ 3.2%
Profit (loss) for the period to be appropriated9905€70,328€85,331€82,478€102,398€99,083▼ 3.2%
Line20202021202220232024Change
Assets
Total assets20/58€126,000€204,119€125,649€129,338€127,150▼ 1.7%
Fixed assets21/28€513€764€3,032€1,650€9,275▲ 462%
Tangible fixed assets22/27€513€764€3,032€1,650€9,275▲ 462%
Furniture and vehicles24-€764€3,032€1,650€9,275▲ 462%
Current assets29/58€125,486€203,355€122,617€127,688€117,875▼ 7.7%
Amounts receivable within one year40/41€27,104€25,781€31,180€36,111€37,285▲ 3.2%
Trade receivables40-€25,192€29,485€34,533€36,331▲ 5.2%
Other amounts receivable41-€589€1,695€1,578€954▼ 39.6%
Cash at bank and in hand54/58€98,233€174,575€91,437€91,577€80,370▼ 12.2%
Deferred charges and accrued income490/1-€3,000--€220-
Equity and liabilities
Total equity and liabilities10/49€126,000€204,119€125,649€129,338€127,150▼ 1.7%
Equity10/15€108,067€12,400€18,600€18,600€18,600=
Contributions10/11-€12,400€18,600€18,600€18,600=
Profit (loss) carried forward14€95,667-----
Amounts payable17/49€17,932€191,719€107,049€110,738€108,550▼ 2.0%
Amounts payable within one year42/48€17,932€191,719€107,049€110,738€108,550▼ 2.0%
Trade debts44€689€399€1,079€1,143--
Suppliers440/4-€399€1,079€1,143--
Taxes, remuneration and social security45-€6,871€5,492€2,982€5,251▲ 76.1%
Taxes450/3-€6,871€5,492€2,982€5,251▲ 76.1%
Other amounts payable47/48-€184,449€100,478€106,613€103,299▼ 3.1%
Line20202021202220232024Change
Profit (loss) for the period9904€70,328€85,331€82,478€102,398€99,083▼ 3.2%
+ Depreciation and write-downs630€1,335€402€995€1,382€4,581▲ 232%
Operating cash flow (approximation)€71,662€85,733€83,474€103,780€103,665▼ 0.1%
Investment in fixed assets (approximation)--€652-€3,264€0-€12,206-
Change in cash-€76,342-€83,138€140-€11,207▼ 8,122%

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

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €102,398 ▲24.2%
Operating result €137,876, net result €102,398, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100,000Eq €108,067 ▲180%
2 profitable years in a row build equity to €108,067.
24-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €28,913
Net result €28,913 after one loss-making year.
03-07
NBB filing Annual accounts filed
fiscal year 2018 · 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, Waterloo · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
919 m²
Building footprint
200 m²
Volume, LiDAR
2,018 m³
2 parcels, Brussels, Wallonia · tallest building 16.1 m, ±5 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Vleurgatse Steenweg 34, 1050 Elsene
Computer programming, consultancy and related activities
since 20182.273.541.032
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25763M0305/00C000 Wallonia 809 m² 1 · 135 m² 11.1 m · 3 fl.
21444B0031/00K002 Brussels 109 m² 1 · 64 m² 16.1 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 5,679 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
Founded23-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management

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