ABDS

Active

Private limited companyfounded 20196 yrs activeBischoffsheimlaan 39, 1000 Brussel, BelgiumKBO/BCE: BE 0734.979.985

The computed 12-month bankruptcy probability of ABDS is 6.3% (elevated). The 2024 annual accounts show equity of €123k and a net result of €84k. Equity is growing by ~139.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 18936 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

56 / 100

Fair▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency24▲+13

Growth78=

Stability100

Bankruptcy probability, 12 months

6.3% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity short (current ratio 0.93 against 0.79 in 2023), and 79.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

61 d late

2023

124 d late

2022

91 d late

2021

92 d late

2020

92 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€84k▲ 59.6%

2023 · €53k

2020: €-67k 2021: €-77k 2022: €66k 2023: €53k

2020 → 2024

Working capital

€-31k▲ 72.2%

2023 · €-110k

2020: €-246k 2021: €-311k 2022: €-194k 2023: €-110k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€10k-€-75k€-13k▲ 82.1%€39k€123k▲ 214%

Operating result€-67k-€-73k▼ 8.9%€70k€60k▼ 13.7%€123k▲ 104%

Net result€-67k-€-77k▼ 14.7%€66k€53k▼ 20.7%€84k▲ 59.6%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 104% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €587k

30.7%

69.3%

Fixed assets €180k▼ 19.3%

Current assets €407k▼ 4.1%

Equity and liabilities €604k

20.4%

79.6%

Equity €123k▲ 214%

Debt €481k▼ 24.1%

The debt ratio falls from 94.2% to 79.6%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€186k▲

2023 · €122k

Cash flow

€147k▲

2023 · €114k

Solvency

20.4%▲

2023 · 5.8%

Current ratio

0.93▲

2023 · 0.79

Quick ratio

0.88▲

2023 · 0.74

Debt / equity

3.91▼

2023 · 16.18

ROE

68.1%▼

2023 · 134.1%

ROA

13.9%▲

2023 · 7.8%

Interest coverage

15.56▼

2023 · 15.65

Debt

€481k▼

2023 · €634k

Debt ≤ 1 year

€437k▼

2023 · €534k

Debt > 1 year

€44k▼

2023 · €100k

Income taxes

€27k

Staff costs

€924k▼

2023 · €955k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Total assets20/58€673k€604k▼

Fixed assets21/28€223k€180k▼

Formation expenses20€26k€17k▼

Intangible fixed assets21€762€458▼

Tangible fixed assets22/27€223k€180k▼

Current assets29/58€424k€407k▼

Stocks & contracts in progress3€27k€24k▼

Amounts receivable within one year40/41€176k€54k▼

Cash & bank54/58€221k€179k▼

Total equity & liabilities10/49€673k€604k▼

Equity10/15€39k€123k▲

Contributions / capital10/11€40k€40k=

Accumulated profits (losses)14€-25k€59k▲

Amounts payable17/49€634k€481k▼

Amounts payable after one year17€100k€44k▼

Amounts payable within one year42/48€534k€437k▼

Trade debts payable within one year44€260k€302k▲

Income statement Code20232024

Gross operating margin9900€1.08M€1.12M▲

Operating result9901€60k€123k▲

Financial charges65€8k€12k▲

Result before taxes9903€53k€111k▲

Income taxes67/77-€27k

Net result for the period9904€53k€84k▲

Result to be appropriated9905€53k€84k▲

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 4Gazette 2Filings 5

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 61 days late

24-04

State Gazette act Registered-office change

2024

31-12

Financial Highest result since 2020net €84k ▲59.6%

Operating result €123k, net result €84k, both a record.

31-12

Financial Equity above €100kEq €123k ▲214%

3 profitable years in a row build equity to €123k.

02-12

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 124 days late

2023

30-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 91 days late

2022

31-12

Financial Back to profitnet €66k

Net result €66k after 2 loss-making years.

09-12

State Gazette act Director changes

31-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 92 days late

2021

31-12

Financial Weakest financial yearnet €-77k

Net result drops to €-77k, the lowest in the series; recovery starts the following year.

31-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 92 days late

Financial milestoneState Gazette actNBB 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

4 directors, last change in 2022

El Khattouti Bilal

Director · since 09-12-2022

Current

Harrougui Samir

Director · since 09-12-2022

Current

09-12-2022 El Khattouti Bilal: Appointed as Director

09-12-2022 Harrougui Samir: Appointed as Director

09-12-2022 Korzenlewski Adrian: Resigned as Director

09-12-2022 Scime Danny: Resigned as Director

Not every act has been read: a resignation may be missing here

3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2019

exact location from the address register On OpenStreetMap

Ground area

910 m²

Building footprint

363 m²

Volume, LiDAR

7,406 m³

2 parcels, Brussels · tallest building 26.6 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

ABDS SRL