ABCDE
ABCDE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €264k and a net result of €328. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 6148 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €264k |
| Net result | €328 |
| Better than sector | 39% |
| Active | 9 yrs |
Mixed profile: strong on stability, weaker on profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 39.8% | 52.2% | |
| Net result | €328 | €54k | |
| Equity | €264k | €677k | |
| Gross operating margin | €22k | €93k | |
| Employees (FTE) | 0.0 | 0.0 |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €328 | €26k | €7k | €3k | €10k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - | - |
| Income taxes | €2k | €11k | €4k | €3k | €3k |
| Dividends | - | - | - | - | - |
| Total assets | €665k | €724k | €717k | €718k | €607k |
| Equity | €264k | €264k | €238k | €231k | €229k |
| Debt | €401k | €460k | €479k | €486k | €378k |
| of which ≤ 1y | €151k | €202k | €152k | €157k | €113k |
| of which > 1y | €248k | €256k | €325k | €328k | €265k |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | 0.0 | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 39.8% | 36.5% | 33.2% | 32.2% | 37.7% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 0.0% | 3.5% | 1.0% | 0.4% | 1.7% |
| ROE | 0.1% | 9.7% | 3.0% | 1.2% | 4.4% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €665k | €724k | €717k | €718k | €607k |
| Fixed assets | 21/28 | €570k | €491k | €576k | €576k | €445k |
| Tangible fixed assets | 22/27 | €124k | €45k | €130k | €130k | - |
| Financial fixed assets | 28 | €446k | €446k | €446k | €446k | €445k |
| Current assets | 29/58 | €95k | €233k | €141k | €141k | €162k |
| Amounts receivable within one year | 40/41 | €77k | €164k | €137 | - | €0 |
| Cash & bank | 54/58 | €18k | €4k | €19k | €578 | €11k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €665k | €724k | €717k | €718k | €607k |
| Equity | 10/15 | €264k | €264k | €238k | €231k | €229k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k | - |
| Reserves | 13 | €252k | €252k | €226k | €219k | €216k |
| Amounts payable | 17/49 | €401k | €460k | €479k | €486k | €378k |
| Amounts payable after one year | 17 | €248k | €256k | €325k | €328k | €265k |
| Amounts payable within one year | 42/48 | €151k | €202k | €152k | €157k | €113k |
| Trade debts payable within one year | 44 | €1k | €4k | €3k | €933 | €2k |
| Income statement | ||||||
| Gross operating margin | 9900 | €22k | €46k | €18k | €25k | €19k |
| Operating result | 9901 | €6k | €42k | €18k | €12k | €18k |
| Financial income | 75 | €1 | €0 | - | €0 | €0 |
| Financial charges | 65 | €4k | €6k | €7k | €6k | €5k |
| Result before taxes | 9903 | €2k | €36k | €11k | €6k | €13k |
| Income taxes | 67/77 | €2k | €11k | €4k | €3k | €3k |
| Net result for the period | 9904 | €328 | €26k | €7k | €3k | €10k |
| Result to be appropriated | 9905 | €328 | €26k | €7k | €3k | €10k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 13-06-2017 |
| Status | Active |
| Postal code | 8730 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003F0744/00H000 | Flanders | 1,323 m² | 1 · 217 m² | 12.2 m · 2 fl. |
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.
31-10-2023 Registered office moved from Kortrijk to Beernem
- Spinnerijkaai(Kor) 45 bus 113 → 8730 Beernem, Gevaerts-Zuid 2
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "8730 Beernem, Gevaerts-Zuid 2",
"city": "Beernem",
"region": "vlaams_gewest",
"street": "Gevaerts-Zuid",
"country": "BE",
"postcode": "8730",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"old_address": {
"raw": "Spinnerijkaai(Kor) 45 bus 113",
"city": "Kortrijk",
"region": "vlaams_gewest",
"street": "Spinnerijkaai",
"country": "BE",
"postcode": "8500",
"box_number": "0113",
"street_number": "45",
"locality_suffix": "(Kor)"
},
"effective_date": "2023-10-20",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Nathalie De Vusser",
"firm_city": null,
"firm_name": null,
"office_city": "Kruibeke",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-10-31",
"filing_date": "2023-10-27",
"act_kind_objet": "WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN, MAATSCHAPPELIJKE ZETEL"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2023-10-20",
"unanimous": true
},
"subject_company": {
"kbo": "0676.772.859",
"name_full": "ABCDE",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0875.201.997",
"org_name": "kantoor Van Reybrouck \u2013 Accountant \u0026 Tax Consultants",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"Afschrift akte statutenwijziging",
"geco\u00F6rdineerde statuten"
]
}| Legal nameNL | ABCDE |