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ABC EXPORT

Bankruptcy closed
Private limited company (pre-2019)founded 2017Paddekens 1, 2260 Westerlo, BelgiumKBO/BCE: BE 0686.711.401

Inactive since 24-06-2026; last annual accounts for fiscal year 2021.

Summary

ABC EXPORT was declared bankrupt on 18-03-2025 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed by liquidation by judgment of 23-06-2026, published in the Belgian State Gazette on 29-06-2026.

ABC EXPORTBankruptcy closed

Signals

1 signal.
+raises risk
raises risk · Bankruptcy closed
The Belgian State Gazette published the closure of the bankruptcy. The latest notice is dated 29-06-2026. The registration has since been removed from the register.
Belgian State Gazette
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 21 December 2017, ABC EXPORT was incorporated.1 Total assets went from EUR 379,053 in 2018 to EUR 574,538 in 2021 and headcount from 0.5 to 2.4 full-time equivalents.2 The company was declared bankrupt on 18 March 2025; the bankruptcy was closed on 23 June 2026.34

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021
  3. 3Belgian State Gazette, 24-03-2025
  4. 4Belgian State Gazette, 29-06-2026

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
€5,820▼ 78.1%
2020 · €26,557
Total assets
€574,538▼ 33.1%
2020 · €858,442
Net result
-€20,738▲ 89.4%
2020 · -€195,354
Working capital
-€68,809
2020 · €502,254
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
Line2018201920202021
Operating result€53,365-€244,793▲ 359%-€198,787-€19,067▲ 90.4%
Net result€36,904-€167,367▲ 354%-€195,354-€20,738▲ 89.4%
Equity€54,545-€221,911▲ 307%€26,557▼ 88.0%€5,820▼ 78.1%
Total assets€379,053-€812,629▲ 114%€858,442▲ 5.6%€574,538▼ 33.1%
Debt€324,509-€590,717▲ 82.0%€831,885▲ 40.8%€568,718▼ 31.6%
Working capital€127,158-€449,692▲ 254%€502,254▲ 11.7%-€68,809
Staff (FTE)0.5-2.1▲ 320%2.8▲ 33.3%2.4▼ 14.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2021 Net result +89% on 2020. Cause not known from the registers.
  • 2020 Equity -88% on 2019. Cause not known from the registers.
  • 2019 Net result +354%, Equity +307%, Total assets +114% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000Operating result 2018: €53,365€53,365Net result 2018: €36,904€36,904Operating result 2019: €244,793€244,793Net result 2019: €167,367€167,367Operating result 2020: -€198,787-€198,787Net result 2020: -€195,354-€195,354Operating result 2021: -€19,067-€19,067Net result 2021: -€20,738-€20,7382018201920202021-€200,000€0€200,000Operating result 2019: €244,793€245,000Net result 2019: €167,367€167,000Operating result 2020: -€198,787-€199,000Net result 2020: -€195,354-€195,000Operating result 2021: -€19,067-€19,100Net result 2021: -€20,738-€20,700201920202021
The operating result stays negative: a loss of €19,067 in 2021 against €198,787 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €574,538
Fixed assets €110,511 ▼ 5.2%
Current assets €464,027 ▼ 37.5%
Equity and liabilities €574,538
Equity €5,820 ▼ 78.1%
Debt €568,718 ▼ 31.6%
Debt's share of the balance-sheet total rises from 96.9% to 99.0%. Equity and debt are lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€7,062▲
2020 · -€175,153
Cash flow
€5,391▲
2020 · -€171,720
Current ratio
0.87▼
2020 · 3.10
Quick ratio
0.59▼
2020 · 0.90
Debt to equity
97.73▲
2020 · 1.41
ROE
-356.3%▲
2020 · -735.6%
ROA
-3.6%▲
2020 · -22.8%
Interest coverage
2.56
Debt ≤ 1 year
€532,835▲
2020 · €239,652
Debt > 1 year
€35,883▼
2020 · €37,510
Income taxes
€879▲
2020 · -€13,731
Staff costs
€17,845
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 · 2021 against 2020 · 55 lines
Balance sheet Code20202021
Assets
Total assets20/58€858,442€574,538▼
Fixed assets21/28€116,536€110,511▼
Tangible fixed assets22/27€94,036€88,011▼
Plant, machinery and equipment23-€1,148
Furniture and vehicles24-€60,611
Other tangible fixed assets26-€26,252
Financial fixed assets28€22,500€22,500=
Current assets29/58€741,906€464,027▼
Amounts receivable after more than one year29-€21,200
Other amounts receivable291-€21,200
Stocks and contracts in progress3€527,173€149,591▼
Stocks30/36-€149,591
Amounts receivable within one year40/41€185,312€283,768▲
Trade receivables40-€226,852
Other amounts receivable41-€56,916
Cash at bank and in hand54/58€7,498€8,028▲
Deferred charges and accrued income490/1-€1,440
Equity and liabilities
Total equity and liabilities10/49€858,442€574,538▼
Equity10/15€26,557€5,820▼
Contributions10/11-€18,600
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14€6,097-€14,640▼
Amounts payable17/49€831,885€568,718▼
Amounts payable after more than one year17€37,510€35,883▼
Financial debts170/4-€35,883
Amounts payable within one year42/48€239,652€532,835▲
Current portion of amounts payable after more than one year42-€16,346
Financial debts43-€17
Credit institutions430/8-€17
Trade debts44€130,942€488,846▲
Suppliers440/4-€488,846
Advances received on contracts in progress46-€13,505
Taxes, remuneration and social security45-€8,378
Taxes450/3-€1,412
Remuneration and social security454/9-€6,966
Other amounts payable47/48-€5,743
Income statement Code20202021
Remuneration, social security and pensions62-€17,845
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,634€26,129▲
Other operating charges640/8-€8,404
Non-recurring operating charges66A-€18,480
Gross operating margin9900-€138,651€51,792▲
Operating profit (loss)9901-€198,787-€19,067▲
Financial income75/76B-€1,966
Recurring financial income75€3,337€1,966▼
Financial charges65/66B-€2,758
Recurring financial charges65€13,636€2,758▼
Profit (loss) for the period before taxes9903-€209,085-€19,859▲
Income taxes67/77-€13,731€879▲
Profit (loss) for the period9904-€195,354-€20,738▲
Profit (loss) for the period to be appropriated9905-€195,354-€20,738▲
Appropriation of the result
Profit (loss) to be appropriated9906--€14,640
Profit (loss) brought forward from the previous period14P-€6,097
Social balance
Average headcount (FTE)9087-2.4

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€17,845-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,681€26,322€23,634€26,129▲ 10.6%
Other operating charges640/8---€8,404-
Non-recurring operating charges66A---€18,480-
Gross operating margin9900€81,552€367,404-€138,651€51,792▲ 137%
Operating profit (loss)9901€53,365€244,793-€198,787-€19,067▲ 90.4%
Financial income75/76B---€1,966-
Recurring financial income75€68€497€3,337€1,966▼ 41.1%
Financial charges65/66B---€2,758-
Recurring financial charges65€1,317€3,048€13,636€2,758▼ 79.8%
Profit (loss) for the period before taxes9903€52,116€241,242-€209,085-€19,859▲ 90.5%
Income taxes67/77€15,212€73,875-€13,731€879▲ 106%
Profit (loss) for the period9904€36,904€167,367-€195,354-€20,738▲ 89.4%
Profit (loss) for the period to be appropriated9905€36,904€167,367-€195,354-€20,738▲ 89.4%
Line2018201920202021Change
Assets
Total assets20/58€379,053€812,629€858,442€574,538▼ 33.1%
Fixed assets21/28€49,258€98,801€116,536€110,511▼ 5.2%
Tangible fixed assets22/27€49,258€76,301€94,036€88,011▼ 6.4%
Plant, machinery and equipment23---€1,148-
Furniture and vehicles24---€60,611-
Other tangible fixed assets26---€26,252-
Financial fixed assets28-€22,500€22,500€22,500=
Current assets29/58€329,795€713,828€741,906€464,027▼ 37.5%
Amounts receivable after more than one year29---€21,200-
Other amounts receivable291---€21,200-
Stocks and contracts in progress3€98,416€467,603€527,173€149,591▼ 71.6%
Stocks30/36---€149,591-
Amounts receivable within one year40/41€131,132€193,223€185,312€283,768▲ 53.1%
Trade receivables40---€226,852-
Other amounts receivable41---€56,916-
Cash at bank and in hand54/58€100,247€33,003€7,498€8,028▲ 7.1%
Deferred charges and accrued income490/1---€1,440-
Equity and liabilities
Total equity and liabilities10/49€379,053€812,629€858,442€574,538▼ 33.1%
Equity10/15€54,545€221,911€26,557€5,820▼ 78.1%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Profit (loss) carried forward14€34,085€201,451€6,097-€14,640▼ 340%
Amounts payable17/49€324,509€590,717€831,885€568,718▼ 31.6%
Amounts payable after more than one year17€23,094€16,126€37,510€35,883▼ 4.3%
Financial debts170/4---€35,883-
Amounts payable within one year42/48€202,637€264,136€239,652€532,835▲ 122%
Current portion of amounts payable after more than one year42---€16,346-
Financial debts43---€17-
Credit institutions430/8---€17-
Trade debts44€74,577€143,837€130,942€488,846▲ 273%
Suppliers440/4---€488,846-
Advances received on contracts in progress46---€13,505-
Taxes, remuneration and social security45---€8,378-
Taxes450/3---€1,412-
Remuneration and social security454/9---€6,966-
Other amounts payable47/48---€5,743-
Line2018201920202021Change
Profit (loss) for the period9904€36,904€167,367-€195,354-€20,738▲ 89.4%
+ Depreciation and write-downs630€14,681€26,322€23,634€26,129▲ 10.6%
Operating cash flow (approximation)€51,585€193,689-€171,720€5,391▲ 103%
Investment in fixed assets (approximation)--€75,864-€41,369-€20,104▲ 51.4%
Change in cash--€67,244-€25,505€530▲ 102%

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

2026
29-06
Bankruptcy Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 23-06-2026
2025
24-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · event 18-03-2025
2024
28-02
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 577 days late
2021
08-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 69 days late
2020
31-12
Financial Weakest financial yearnet -€195,354
Net result drops to -€195,354, the lowest in the series.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €167,367 ▲354%
Operating result €244,793, net result €167,367, both a record.
31-12
Financial Equity above €200,000Eq €221,911 ▲307%
2 profitable years in a row build equity to €221,911.
05-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Westerlo
exact location from the address register On OpenStreetMap
Ground area
143 m²
Building footprint
106 m²
Volume, LiDAR
660 m³
Parcel 13049B0784/00K000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13049B0784/00K000 Flanders 143 m² 1 · 106 m² 9.7 m · 2 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 BEN DE GROOF
DE MERODELEI 112, 2300 TURNHOUT-
18-03-2025 → 23-06-2026

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Of 409 companies in sector 46110 we hold annual accounts for 172. 49 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 (pre-2019)
Founded21-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46110Wholesale trade
01480Raising of other animals
47762Retail sale of pets, pet food and pet supplies
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 26 September 2026 · Peppol Directory

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