Turnover
≈ €180,000 estimated
The micro format states no turnover.
ABE-CONNECT
Lifetime
1 annual account with figurespeak €60,909 (2025)
€60,909
peak €42,415 (2025)
€42,415
peak €45,415 (2025)
€45,415
€23,976
Board1 name since 2024
1 directorEL BARRAKI Abdislam
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 100 shares
Position in the sector
€42,415
Higher net result than 80% of companies in civil engineering. Sector median €12,006 · 1,259 companies.
Checked score
92
Excellent
Financially stronger than 83% of micro companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 1.8%
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.9%▲ +0.1 percentage points vs 02-2026
04-2026: 2.2%▲ +0.3 percentage points vs 03-2026
05-2026: 2.3%▲ +0.1 percentage points vs 04-2026
06-2026: 2.5%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 0.2%▼ -2.3 percentage points vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Liquidity: current ratio 1.98, cash €45,425
Equity €45,415 (65.4% of total assets)
Figures for financial year 2025 (filed on 19-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 42, micro). It does better than 74% of them on solvency, 85% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as ABE-CONNECT has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of ABE-CONNECT itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for ABE-CONNECT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98, above the usual 1.5. Short-term debt is 34.6% and cash 65.5% of total assets. 34.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-06-2026, 42 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
42 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017611261
Incorporation
Founding capital of €3,000, 100 shares · Founder: EL BARRAKI Abdislam · Appointment: EL BARRAKI Abdislam (director) · published on 20-12-2024 · Gazette deed
First establishment
Lindestraat 31, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ABE-CONNECT Lokeren | €69,390 | €60,909 | 65.4% | - |
| JJ-XC Dendermonde | €65,517 | €63,168 | 41.7% | - |
| GVS Solutions Heusden-Zolder | €57,341 | €51,941 | 26.4% | - |
| Bongers Solutions Lommel | €87,643 | €62,024 | 71.4% | - |
| LIGHTSTAR Ichtegem | €79,723 | €73,878 | 78.2% | - |
| COS Tech Lokeren | €50,976 | €40,778 | 82.9% | - |
| A&D Connect Lokeren | €93,678 | €76,124 | 76.9% | - |
These companies have the same main activity as ABE-CONNECT: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €51,000 and €93,700, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 18-12-2024Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 3 others
- Establishment unit
- 2.368.609.6439160 Lokeren, since 18-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Annual accounts 2025
- €69,390
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
Insights on ABE-CONNECT
ABE-CONNECT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,415 and a net result of €42,415.
Its solvency ranks better than 74% of 1,263 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ABE-CONNECT
- What is the company number of ABE-CONNECT?
- The company number of ABE-CONNECT is 1017.611.261. The VAT number is the same number with BE in front: BE 1017.611.261.
- Where is ABE-CONNECT based?
- The registered office is at Lindestraat 31, 9160 Lokeren.Company details
- What does ABE-CONNECT do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of ABE-CONNECT?
- ABE-CONNECT is a private limited company (BV).
- When was ABE-CONNECT founded?
- ABE-CONNECT was founded on 18-12-2024.
- Is ABE-CONNECT still active?
- Yes, ABE-CONNECT is an active enterprise in the KBO register.
- What is the turnover of ABE-CONNECT?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €60,909 and 2,667 comparable companies of the same size. It probably lies between €120,000 and €320,000. It is a rough estimate.Financials
- Is ABE-CONNECT profitable?
- In financial year 2025, ABE-CONNECT made a profit of €42,415.
- Where can I find the annual accounts of ABE-CONNECT?
- ABE-CONNECT filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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