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ABCO

Active
Private limited companyfounded 197056 yrs activeBegijnenweide 3, 2800 Mechelen, BelgiumKBO/BCE: BE 0407.026.153
Summary

ABCO has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of €1.3m. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 46% of 2293 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
ABCOActiveChecked score 57/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990Manufacture of rubber and plastic products NACE 22210
#1 oldest company in Mechelen, Administrative and support services sector1 site
Size
€4.4mtotal assets 2024
Equity
€1.7m
Profit
€1.3m
Financial health
57 Fair Checked score 2024
Bankruptcy chance 12 m
0.7%
Structure
Parent
A-STAR GROUP · 100%
Holdings
1
Accounts 64 d overdue0 of 12 deeds read
Why 57Capped at 59: a confirmed filing finding- Liquidity: current ratio 1.23, cash €19,503- Figures for FY 2024 (filed 04-11-2025)- 1 financial year not filed after the legal deadline; latest accounts 95 days late; 2 of the last 3 late+ Size: total assets €4.4mShow the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 66% of its sector peers (NACE 82, small)
Performance against the sector, not lower risk
A confirmed filing finding caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Strong
Solvency 65+21
equity 39.9% of total assets
Liquidity 41+16
short-term debt 25.1% · cash 0.4%
Profitability 100+50
return on assets 30.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,111 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● 0.0% vs 11-2024 01-2025: 0.8%▼ -0.6% vs 12-2024 02-2025: 0.8%● 0.0% vs 01-2025 03-2025: 0.9%▲ +4.3% vs 02-2025 04-2025: 0.9%▲ +4.4% vs 03-2025 05-2025: 0.9%▼ -5.6% vs 04-2025 06-2025: 1.0%▲ +11.0% vs 05-2025 07-2025: 1.1%▲ +14.2% vs 06-2025 08-2025: 1.3%▲ +22.1% vs 07-2025 09-2025: 1.4%▲ +2.9% vs 08-2025 10-2025: 1.5%▲ +12.0% vs 09-2025 11-2025: 1.6%▲ +4.8% vs 10-2025highest value 12-2025: 0.2%▼ -87.4% vs 11-2025 01-2026: 0.2%▼ -0.5% vs 12-2025lowest value 02-2026: 0.2%● 0.0% vs 01-2026lowest value 03-2026: 0.2%▲ +5.4% vs 02-2026 04-2026: 0.2%▲ +5.2% vs 03-2026 05-2026: 0.2%▲ +8.0% vs 04-2026 06-2026: 0.3%▲ +10.3% vs 05-2026 07-2026: 0.3%▲ +4.9% vs 06-2026 08-2026: 0.5%▲ +86.8% vs 07-2026 09-2026: 0.6%▲ +12.0% vs 08-2026 10-2026: 0.7%▲ +27.3% vs 09-2026
  • Liquidity: current ratio 1.23, cash €19,503 raises the probability
  • Figures for FY 2024 (filed 04-11-2025) raises the probability
  • Size: total assets €4.4m lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 95 days late; 2 of the last 3 late raises the probability
Credit up to €95,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.23 against 0.43 in 2023; short-term debt: 25.1% and cash: 0.4% of total assets), and 60.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, small). Better than this share of them on solvency 48%, liquidity 29%, profitability 97%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Liquidity: current ratio 1.23, cash €19,503
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 04-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €4.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 95 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-11-2025, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
95 d late
2023
61 d late
2022
5 d early
2021
31 d late
2020
29 d late
2019
28 d late
← 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 40 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Back to profitnet €1.3m
  3. Liquidity triplescurrent ratio 1.23

Key points

  • Positive: Back in profit in 2024after -€1.0m in 2023 €1.3m View
  • Positive: Oldest company in Mechelen, Administrative and support services…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Controlled by A-STAR GROUPitself parent of 2 companies 100% View
  • Active since 1970founded 01-01-1970 56 years View

By topic

Financials

Fiscal year
2024
Total assets
€4.4m
Profit
€1.3m
Solvency
39.9%
Go to Financials

Timeline

Events
17
Since
2015
  1. 03-11-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-12-2024Liquidity triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
01-01-1970
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?A-STAR GROUP · 13 companies How does this company compare with its sector?Sector benchmark

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