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Abdul

Active
Private limited company (pre-2019)founded 2018active for 8 yearsEikestraat 1, 2800 Mechelen, BelgiumKBO/BCE: BE 0701.649.696
Summary

The computed 12-month bankruptcy probability of Abdul is 5.0% (elevated). The 2024 annual accounts show equity of €27,577 and a net result of €27,106. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 94% of 3,512 sector peers (NACE 95, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 26 October 2026.

Turnover
€81,212▲ 9.5%
2023 · €74,161
EBIT margin
33.6%▲ 31.0pp
2023 · 2.6%
Net result
€27,106▲ 17×
2023 · €1,604
Working capital
€25,441▲ 54×
2023 · €472
Trend over the years

2020 to 2024, 5 financial years

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14 times 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€81,212 2024 Operating result€27,279 2024 Net result€27,106 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20202021202220232024
Turnover€74,161€81,212▲ 9.5%
Operating result€302-€206▼ 31.8%-€6,108€1,955€27,279▲ 14×
Net result€122within the sector's middle half-€56within the sector's middle half▼ 53.7%-€6,752below the sector's middle half€1,604within the sector's middle half€27,106above the sector's middle half▲ 17×
EBIT margin2.6%33.6%▲ 31.0pp
Equity€5,563below the sector's middle half-€5,619below the sector's middle half▲ 1.0%-€1,132below the sector's middle half€472below the sector's middle half€27,577within the sector's middle half▲ 58×
Total assets€8,707below the sector's middle half-€8,268below the sector's middle half▼ 5.0%€3,063below the sector's middle half▼ 63.0%€4,454below the sector's middle half▲ 45.4%€30,824below the sector's middle half▲ 592%
Debt€3,144-€2,649▼ 15.8%€4,195▲ 58.4%€3,982▼ 5.1%€3,247▼ 18.5%
Working capital€5,783within the sector's middle half-€5,619within the sector's middle half▼ 2.8%-€1,132below the sector's middle half€472within the sector's middle half€25,441within the sector's middle half▲ 54×
Solvency63.9%above the sector's middle half-68.0%above the sector's middle half▲ 4.1pp89.5%above the sector's middle half
Current ratio2.98above the sector's middle half-3.12above the sector's middle half▲ 0.148.84above the sector's middle half
Return on assets (ROA)1.4%within the sector's middle half-0.7%within the sector's middle half▼ 0.7pp87.9%above the sector's middle half
Staff (FTE)0.4below the sector's middle half-0.1▼ 75.0%
above within below the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €30,824
Fixed assets €2,136
Current assets €28,688
Equity and liabilities €30,824
Equity €27,577 ▲ 58×
Debt €3,247 ▼ 18.5%
Debt's share of the balance-sheet total falls from 89.4% to 10.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€27,758
Cash flow
€27,585
Quick ratio
8.74
Debt to equity
0.12
ROE
98.3%
Interest coverage
over 100
Debt ≤ 1 year
€3,247▼
2023 · €3,982
Staff costs
€11,601▲
2023 · €8,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.8% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.5% stopped otherwise
94.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€4,454€30,824▲
Fixed assets21/28-€2,136
Tangible fixed assets22/27-€2,136
Land and buildings22-€2,136
Current assets29/58€4,454€28,688▲
Stocks and contracts in progress3€2,163€308▼
Stocks30/36€2,163€308▼
Amounts receivable within one year40/41€1,732€28,151▲
Other amounts receivable41€1,732€28,151▲
Cash at bank and in hand54/58€559€229▼
Equity and liabilities
Total equity and liabilities10/49€4,454€30,824▲
Equity10/15€472€27,577▲
Contributions10/11€6,500€6,500=
Profit (loss) carried forward14-€6,028€21,077▲
Amounts payable17/49€3,982€3,247▼
Amounts payable within one year42/48€3,982€3,247▼
Trade debts44€1,290€1,895▲
Suppliers440/4€1,290€1,895▲
Taxes, remuneration and social security45€2,693€1,352▼
Taxes450/3€2,362€1,352▼
Remuneration and social security454/9€331-
Income statement Code20232024
Turnover70€74,161€81,212▲
Goods, raw materials, services and sundry goods60/61€62,416€42,757▼
Remuneration, social security and pensions62€8,166€11,601▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€480
Other operating charges640/8€1,628-
Gross operating margin9900€11,749€39,360▲
Operating profit (loss)9901€1,955€27,279▲
Financial charges65/66B€351€173▼
Recurring financial charges65€351€173▼
Profit (loss) for the period before taxes9903€1,604€27,106▲
Profit (loss) for the period9904€1,604€27,106▲
Profit (loss) for the period to be appropriated9905€1,604€27,106▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,028€21,077▲
Profit (loss) brought forward from the previous period14P-€7,632-€6,028▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70---€74,161€81,212▲ 9.5%
Goods, raw materials, services and sundry goods60/61---€62,416€42,757▼ 31.5%
Remuneration, social security and pensions62-€779€10,486€8,166€11,601▲ 42.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€480-
Other operating charges640/8-€341€1,999€1,628--
Gross operating margin9900€10,904€1,326€6,377€11,749€39,360▲ 235%
Operating profit (loss)9901€302€206-€6,108€1,955€27,279▲ 14×
Financial income75/76B--€0---
Recurring financial income75€1-€0---
Financial charges65/66B-€150€643€351€173▼ 50.6%
Recurring financial charges65€181€150€643€351€173▼ 50.6%
Profit (loss) for the period before taxes9903€122€56-€6,752€1,604€27,106▲ 17×
Profit (loss) for the period9904€122€56-€6,752€1,604€27,106▲ 17×
Profit (loss) for the period to be appropriated9905€122€56-€6,752€1,604€27,106▲ 17×
Line20202021202220232024Change
Assets
Total assets20/58€8,707€8,268€3,063€4,454€30,824▲ 592%
Fixed assets21/28----€2,136-
Tangible fixed assets22/27----€2,136-
Land and buildings22----€2,136-
Current assets29/58€8,707€8,268€3,063€4,454€28,688▲ 544%
Stocks and contracts in progress3--€2,345€2,163€308▼ 85.7%
Stocks30/36--€2,345€2,163€308▼ 85.7%
Amounts receivable within one year40/41€299€188-€1,732€28,151▲ 16×
Other amounts receivable41-€188-€1,732€28,151▲ 16×
Cash at bank and in hand54/58€8,408€8,080€718€559€229▼ 59.1%
Equity and liabilities
Total equity and liabilities10/49€8,707€8,268€3,063€4,454€30,824▲ 592%
Equity10/15€5,563€5,619-€1,132€472€27,577▲ 58×
Contributions10/11-€6,500€6,500€6,500€6,500=
Capital10-€6,500€6,500---
Issued capital100-€18,600€18,600---
Uncalled capital101-€12,100€12,100---
Profit (loss) carried forward14-€937-€881-€7,632-€6,028€21,077-
Amounts payable17/49€3,144€2,649€4,195€3,982€3,247▼ 18.5%
Amounts payable within one year42/48€2,924€2,649€4,195€3,982€3,247▼ 18.5%
Trade debts44€1,225€1,342€1,835€1,290€1,895▲ 47.0%
Suppliers440/4-€1,342€1,835€1,290€1,895▲ 47.0%
Taxes, remuneration and social security45-€1,307€2,360€2,693€1,352▼ 49.8%
Taxes450/3-€1,307€1,567€2,362€1,352▼ 42.8%
Remuneration and social security454/9--€793€331--
Line20202021202220232024Change
Profit (loss) for the period9904€122€56-€6,752€1,604€27,106▲ 17×
+ Depreciation and write-downs630----€480-
Operating cash flow (approximation)€122€56-€6,752€1,604€27,585▲ 17×
Change in cash--€328-€7,362-€159-€330▼ 107%

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

Filings with the National Bank (5)
Financial year Type Filed Reference
31-12-2024 micro format 15-12-2025 2025-00581793
31-12-2023 micro format 17-10-2024 2024-00510050
31-12-2022 abbreviated format 29-09-2023 2023-00465178
31-12-2021 micro format 12-12-2022 2022-20537319
31-12-2020 micro format 26-08-2021 2021-58900239

Similar companies · same sector, comparable size

Of the 3,175 active companies whose main activity is washing and cleaning of motor vehicles (NACE 95316), figures are known for 774. 568 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.