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ABconsult

Open bankruptcy
Private limited companyfounded 2019Hendrik van Veldekesingel 150, 3500 Hasselt, BelgiumKBO/BCE: BE 0727.841.082
Summary

A bankruptcy procedure is open for ABconsult according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €65,867 and a net result of €141,112.

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 Antwerp, Hasselt division
Declared bankrupt
23 May 2024
Supervising judge
Luc Boesmans
Official Gazette
29-05-2024 (pdf) ↗search the document for 2024/121826

Curators

  • Kristof KrolPrins Bisschopssingel 11, 3500 Hasseltk.krol@exacto-advocaten.be
  • Gertjan CupersPrins Bisschopssingel 11, 3500 Hasselt- advocaten.be
  • Ronny MaesPrins Bisschopsingel 11, 3500 Hasseltr.maes@exacto-advocaten.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

Two signals.
+raises risk
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
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

ABconsult was incorporated on 6 June 2019 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2021.2 On 23 May 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 29-05-2024

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
€65,867
2020 · -€75,245
Total assets
€4.2m▲ 134%
2020 · €1.8m
Net result
€141,112
2020 · -€81,245
Working capital
-€23,312▲ 86.8%
2020 · -€176,668
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
Line20202021
Operating result-€77,501-€173,501
Net result-€81,245-€141,112
Equity-€75,245-€65,867
Total assets€1.8m-€4.2m▲ 134%
Debt€1.9m-€4.1m▲ 121%
Working capital-€176,668--€23,312▲ 86.8%
Staff (FTE)3.5-4.7▲ 34.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000Operating result 2020: -€77,501-€77,501Net result 2020: -€81,245-€81,245Operating result 2021: €173,501€173,501Net result 2021: €141,112€141,11220202021-€100,000€0€100,000€200,000Operating result 2020: -€77,501-€77,500Net result 2020: -€81,245-€81,200Operating result 2021: €173,501€174,000Net result 2021: €141,112€141,00020202021
The operating result returns to profit in 2021: €173,501 after a loss of €77,501 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €4.2m
Fixed assets €89,179 ▼ 12.1%
Current assets €4.1m ▲ 143%
Equity and liabilities €4.2m
Equity €65,867
Debt €4.1m
Debt finances 98.4% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2020
EBITDA
€185,745▲
2020 · -€72,887
Cash flow
€153,356▲
2020 · -€76,631
Current ratio
0.99▲
2020 · 0.90
Quick ratio
0.92▲
2020 · 0.85
Debt to equity
62.24▲
2020 · -24.63
ROE
214.2%
ROA
3.4%▲
2020 · -4.6%
Interest coverage
103.34▲
2020 · -16.72
Debt ≤ 1 year
€4.1m▲
2020 · €1.9m
Income taxes
€32,823
Staff costs
€108,040▼
2020 · €160,470
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 · 41 lines
Balance sheet Code20202021
Assets
Total assets20/58€1.8m€4.2m▲
Fixed assets21/28€101,423€89,179▼
Tangible fixed assets22/27€87,967€75,723▼
Plant, machinery and equipment23€20,487€18,360▼
Furniture and vehicles24€27,600€21,628▼
Other tangible fixed assets26€39,880€35,735▼
Financial fixed assets28€13,456€13,456=
Current assets29/58€1.7m€4.1m▲
Stocks and contracts in progress3€100,791€297,318▲
Stocks30/36€100,791€297,318▲
Amounts receivable within one year40/41€1.5m€3.5m▲
Trade receivables40€107,853€150,951▲
Other amounts receivable41€1.4m€3.4m▲
Cash at bank and in hand54/58€65,710€256,923▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€4.2m▲
Equity10/15-€75,245€65,867▲
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€81,245€59,867▲
Amounts payable17/49€1.9m€4.1m▲
Amounts payable within one year42/48€1.9m€4.1m▲
Trade debts44€1.5m€3.3m▲
Suppliers440/4€1.5m€3.3m▲
Taxes, remuneration and social security45€291,853€693,118▲
Taxes450/3€273,572€671,675▲
Remuneration and social security454/9€18,281€21,442▲
Other amounts payable47/48€54,605€78,052▲
Income statement Code20202021
Remuneration, social security and pensions62€160,470€108,040▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,614€12,244▲
Other operating charges640/8€1,241€3,902▲
Gross operating margin9900€88,825€297,687▲
Operating profit (loss)9901-€77,501€173,501▲
Financial income75/76B€615€2,231▲
Recurring financial income75€615€2,231▲
Financial charges65/66B€4,360€1,797▼
Recurring financial charges65€4,360€1,797▼
Profit (loss) for the period before taxes9903-€81,245€173,935▲
Income taxes67/77-€32,823
Profit (loss) for the period9904-€81,245€141,112▲
Profit (loss) for the period to be appropriated9905-€81,245€141,112▲
Appropriation of the result
Profit (loss) to be appropriated9906-€81,245€59,867▲
Profit (loss) brought forward from the previous period14P--€81,245

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021Change
Remuneration, social security and pensions62€160,470€108,040▼ 32.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,614€12,244▲ 165%
Other operating charges640/8€1,241€3,902▲ 214%
Gross operating margin9900€88,825€297,687▲ 235%
Operating profit (loss)9901-€77,501€173,501▲ 324%
Financial income75/76B€615€2,231▲ 263%
Recurring financial income75€615€2,231▲ 263%
Financial charges65/66B€4,360€1,797▼ 58.8%
Recurring financial charges65€4,360€1,797▼ 58.8%
Profit (loss) for the period before taxes9903-€81,245€173,935▲ 314%
Income taxes67/77-€32,823-
Profit (loss) for the period9904-€81,245€141,112▲ 274%
Profit (loss) for the period to be appropriated9905-€81,245€141,112▲ 274%
Line20202021Change
Assets
Total assets20/58€1.8m€4.2m▲ 134%
Fixed assets21/28€101,423€89,179▼ 12.1%
Tangible fixed assets22/27€87,967€75,723▼ 13.9%
Plant, machinery and equipment23€20,487€18,360▼ 10.4%
Furniture and vehicles24€27,600€21,628▼ 21.6%
Other tangible fixed assets26€39,880€35,735▼ 10.4%
Financial fixed assets28€13,456€13,456=
Current assets29/58€1.7m€4.1m▲ 143%
Stocks and contracts in progress3€100,791€297,318▲ 195%
Stocks30/36€100,791€297,318▲ 195%
Amounts receivable within one year40/41€1.5m€3.5m▲ 133%
Trade receivables40€107,853€150,951▲ 40.0%
Other amounts receivable41€1.4m€3.4m▲ 140%
Cash at bank and in hand54/58€65,710€256,923▲ 291%
Equity and liabilities
Total equity and liabilities10/49€1.8m€4.2m▲ 134%
Equity10/15-€75,245€65,867▲ 188%
Contributions10/11€6,000€6,000=
Profit (loss) carried forward14-€81,245€59,867▲ 174%
Amounts payable17/49€1.9m€4.1m▲ 121%
Amounts payable within one year42/48€1.9m€4.1m▲ 121%
Trade debts44€1.5m€3.3m▲ 121%
Suppliers440/4€1.5m€3.3m▲ 121%
Taxes, remuneration and social security45€291,853€693,118▲ 137%
Taxes450/3€273,572€671,675▲ 146%
Remuneration and social security454/9€18,281€21,442▲ 17.3%
Other amounts payable47/48€54,605€78,052▲ 42.9%
Line20202021Change
Profit (loss) for the period9904-€81,245€141,112▲ 274%
+ Depreciation and write-downs630€4,614€12,244▲ 165%
Operating cash flow (approximation)-€76,631€153,356▲ 300%
Investment in fixed assets (approximation)-€0-
Change in cash-€191,213-

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

Download as CSV

Timeline · acts, filings and financial milestones

2024
29-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 23-05-2024
2023
12-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 316 days late
12-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 681 days late
2021
31-12
Financial Back to profitnet €141,112
Net result €141,112 after one loss-making year.
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Hasselt · 4 establishment units since 2019
seat establishment All 4 establishment units on the map
Ground area
9,653 m²
Building footprint
9,680 m²
Volume, LiDAR
99,955 m³
5 parcels, Flanders · tallest building 22.4 m, ±6 floors. Linked by address, not a title deed.
181 companies at this address See who is registered here
4 establishment units
4GEEKS Genk
Europalaan 132, 3600 GenkAgents in the wholesale of textiles, clothing, fur, footwear and leather goods
since 20192.289.998.764
4GEEKS Antwerpen
Korte Gasthuisstraat 9, 2000 AntwerpenRetail trade
since 20192.300.451.802
4Geeks Leuven
Diestsestraat 186, 3000 LeuvenRetail trade
since 20192.300.452.295
Sports Bar As
Schuttenbergstraat 2, 3665 AsFood and beverage service activities
since 20202.305.279.927
5 parcels
Flanders 5 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0010/00C003 Flanders 5,413 m² 1 · 1,479 m² 20.9 m · 4 fl.
24502B0039/00D000
ProtectedTownscape or village viewBondgenotenlaanSource ↗
Flanders 3,403 m² 1 · 3,288 m² 22.4 m · 5 fl.
71002B0003/00M008 Flanders 420 m² 1 · 4,496 m² 9.8 m · 3 fl.
71016I0994/02P000 Flanders 227 m² 1 · 227 m² 20.5 m · 6 fl.
11803C1756/00A000 Flanders 190 m² 1 · 190 m² 16.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

3 mandates
Role Name Tenure
Curator KRISTOF KROL
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT
23-05-2024 → present
Curator GERTJAN CUPERS
PRINS BISSCHOPSSINGEL 11, 3500 HASSELT- g.cupers@exacto- advocaten.be
23-05-2024 → present
Curator RONNY MAES
PRINS BISSCHOPSINGEL 11, 3500 HASSELT
23-05-2024 → present

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 7,640 EUR awarded · 7,640 EUR paid
Year Entries awardedpaid
2023 1 1,027 EUR1,027 EUR
2022 1 6,613 EUR6,613 EUR
Schemes
2 entries · 7,640 EUR · 7,640 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 794 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
Founded06-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
Contact
E-mail info@abconsult.be
Phone 0470120140As
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 27 September 2026 · Peppol Directory

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