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ABECO

Active
Private limited companyfounded 200224 yrs activeHeidebloemstraat 17, 3500 Hasselt, BelgiumKBO/BCE: BE 0476.864.866
Summary

ABECO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,657 and a net result of €48,319. Equity is growing by ~16% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability83▲+36
Solvency70▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 2.98 against 0.72 in 2024; short-term debt: 21.8% and cash: 0.3% of total assets), but 55.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.7%
Return on assets
11.3%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
1 d early
2021
on the day
2020
3 d early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 1 day before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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

ABECO was incorporated on 7 February 2002.1 Total assets rose from EUR 161,735 in 2019 to EUR 426,276 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€190,657▲ 33.9%
2024 · €142,338
Total assets
€426,276▲ 23.6%
2024 · €344,915
Net result
€48,319▲ 277%
2024 · €12,801
Working capital
€183,871
2024 · -€48,289
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
Line20212022202320242025
Operating result€23,190▲ 9.3%€22,575▼ 2.7%€29,277▲ 29.7%€18,011▼ 38.5%€66,031▲ 267%
Net result€14,836▲ 19.1%€12,091▼ 18.5%€18,616▲ 54.0%€12,801▼ 31.2%€48,319▲ 277%
Equity€98,829▲ 17.7%€110,920▲ 12.2%€129,536▲ 16.8%€142,338▲ 9.9%€190,657▲ 33.9%
Total assets€314,920▲ 110%€326,050▲ 3.5%€338,682▲ 3.9%€344,915▲ 1.8%€426,276▲ 23.6%
Debt€216,091▲ 226%€215,130▼ 0.4%€209,146▼ 2.8%€202,577▼ 3.1%€235,620▲ 16.3%
Working capital€27,132▼ 67.1%-€9,631-€28,212▼ 193%-€48,289▼ 71.2%€183,871
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2021: €23,190€23,190Net result 2021: €14,836€14,836Operating result 2022: €22,575€22,575Net result 2022: €12,091€12,091Operating result 2023: €29,277€29,277Net result 2023: €18,616€18,616Operating result 2024: €18,011€18,011Net result 2024: €12,801€12,801Operating result 2025: €66,031€66,031Net result 2025: €48,319€48,31920212022202320242025€0€20,000€40,000€60,000Operating result 2023: €29,277€29,300Net result 2023: €18,616€18,600Operating result 2024: €18,011€18,000Net result 2024: €12,801€12,800Operating result 2025: €66,031€66,000Net result 2025: €48,319€48,300202320242025
The operating result recovers in 2025; 2025 is 267% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €426,276
Fixed assets €149,391 ▼ 32.5%
Current assets €276,886 ▲ 124%
Equity and liabilities €426,276
Equity €190,657 ▲ 33.9%
Debt €235,620 ▲ 16.3%
Debt's share of the balance-sheet total falls from 58.7% to 55.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€87,515
Cash flow
€69,803
Current ratio
2.98▲
2024 · 0.72
Debt to equity
1.24▼
2024 · 1.42
ROE
25.3%▲
2024 · 9.0%
ROA
11.3%▲
2024 · 3.7%
Interest coverage
7.34
Debt ≤ 1 year
€93,015▼
2024 · €171,902
Debt > 1 year
€140,836▲
2024 · €30,547
Income taxes
€12,282▲
2024 · €5,348
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€344,915€426,276▲
Fixed assets21/28€221,302€149,391▼
Intangible fixed assets21-€114,182
Tangible fixed assets22/27-€35,208
Land and buildings22-€13,802
Plant, machinery and equipment23-€1,569
Furniture and vehicles24-€19,837
Financial fixed assets28€221,302-
Current assets29/58€123,613€276,886▲
Amounts receivable after more than one year29€93,893€194,081▲
Trade receivables290€93,893€194,081▲
Amounts receivable within one year40/41€14,535€62,639▲
Trade receivables40€11,915€24,978▲
Other amounts receivable41€2,620€37,660▲
Current investments50/53€15,000€15,000=
Cash at bank and in hand54/58€185€1,164▲
Deferred charges and accrued income490/1-€4,002
Equity and liabilities
Total equity and liabilities10/49€344,915€426,276▲
Equity10/15€142,338€190,657▲
Contributions10/11€6,200€6,200=
Reserves13€136,138€184,457▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€134,278€182,597▲
Amounts payable17/49€202,577€235,620▲
Amounts payable after more than one year17€30,547€140,836▲
Financial debts170/4€30,547€140,836▲
Amounts payable within one year42/48€171,902€93,015▼
Current portion of amounts payable after more than one year42€32,973€26,180▼
Financial debts43-€25,000
Credit institutions430/8-€25,000
Trade debts44€7,825€8,690▲
Suppliers440/4€7,825€8,690▲
Taxes, remuneration and social security45€10,348€23,631▲
Taxes450/3€8,348€23,631▲
Remuneration and social security454/9€2,000-
Other amounts payable47/48€120,756€9,514▼
Accrued charges and deferred income492/3€128€1,769▲
Income statement Code20242025
Non-recurring operating income76A-€49,019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€21,484
Other operating charges640/8€446€2,715▲
Gross operating margin9900€18,458€90,230▲
Operating profit (loss)9901€18,011€66,031▲
Financial income75/76B€2,620€6,491▲
Recurring financial income75€2,620€6,491▲
Financial charges65/66B€2,482€11,920▲
Recurring financial charges65€2,482€11,920▲
Profit (loss) for the period before taxes9903€18,150€60,601▲
Income taxes67/77€5,348€12,282▲
Profit (loss) for the period9904€12,801€48,319▲
Profit (loss) for the period to be appropriated9905€12,801€48,319▲
Appropriation of the result
Profit (loss) to be appropriated9906€12,801€48,319▲
Transfer to equity691/2€12,801€48,319▲
To other reserves6921€12,801€48,319▲

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A----€49,019-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€21,484-
Other operating charges640/8-€478€478€446€2,715▲ 508%
Gross operating margin9900€23,599€23,054€29,755€18,458€90,230▲ 389%
Operating profit (loss)9901€23,190€22,575€29,277€18,011€66,031▲ 267%
Financial income75/76B-€2,424€2,464€2,620€6,491▲ 148%
Recurring financial income75€2,396€2,424€2,464€2,620€6,491▲ 148%
Financial charges65/66B-€6,391€3,459€2,482€11,920▲ 380%
Recurring financial charges65€2,278€6,391€3,459€2,482€11,920▲ 380%
Profit (loss) for the period before taxes9903€23,308€18,608€28,282€18,150€60,601▲ 234%
Income taxes67/77€8,472€6,517€9,665€5,348€12,282▲ 130%
Profit (loss) for the period9904€14,836€12,091€18,616€12,801€48,319▲ 277%
Profit (loss) for the period to be appropriated9905€14,836€12,091€18,616€12,801€48,319▲ 277%
Line20212022202320242025Change
Assets
Total assets20/58€314,920€326,050€338,682€344,915€426,276▲ 23.6%
Fixed assets21/28€211,352€221,352€221,352€221,302€149,391▼ 32.5%
Intangible fixed assets21----€114,182-
Tangible fixed assets22/27----€35,208-
Land and buildings22----€13,802-
Plant, machinery and equipment23----€1,569-
Furniture and vehicles24----€19,837-
Financial fixed assets28€211,352€221,352€221,352€221,302--
Current assets29/58€103,569€104,698€117,331€123,613€276,886▲ 124%
Amounts receivable after more than one year29-€85,345€91,263€93,893€194,081▲ 107%
Trade receivables290-€85,345€91,263€93,893€194,081▲ 107%
Amounts receivable within one year40/41€1,500€4,347€11,000€14,535€62,639▲ 331%
Trade receivables40-€4,023€11,000€11,915€24,978▲ 110%
Other amounts receivable41-€324-€2,620€37,660▲ 1,337%
Current investments50/53€15,000€15,000€15,000€15,000€15,000=
Cash at bank and in hand54/58€1,724€6€68€185€1,164▲ 530%
Deferred charges and accrued income490/1----€4,002-
Equity and liabilities
Total equity and liabilities10/49€314,920€326,050€338,682€344,915€426,276▲ 23.6%
Equity10/15€98,829€110,920€129,536€142,338€190,657▲ 33.9%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€92,629€104,720€123,336€136,138€184,457▲ 35.5%
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Distributable reserves133-€102,860€121,476€134,278€182,597▲ 36.0%
Amounts payable17/49€216,091€215,130€209,146€202,577€235,620▲ 16.3%
Amounts payable after more than one year17€139,592€100,725€63,521€30,547€140,836▲ 361%
Financial debts170/4-€100,725€63,521€30,547€140,836▲ 361%
Amounts payable within one year42/48€76,437€114,329€145,542€171,902€93,015▼ 45.9%
Current portion of amounts payable after more than one year42-€38,867€37,204€32,973€26,180▼ 20.6%
Financial debts43----€25,000-
Credit institutions430/8----€25,000-
Trade debts44€437€57-€7,825€8,690▲ 11.1%
Suppliers440/4-€57-€7,825€8,690▲ 11.1%
Taxes, remuneration and social security45-€17,989€22,182€10,348€23,631▲ 128%
Taxes450/3-€17,989€22,182€8,348€23,631▲ 183%
Remuneration and social security454/9---€2,000--
Other amounts payable47/48-€57,416€86,156€120,756€9,514▼ 92.1%
Accrued charges and deferred income492/3-€76€83€128€1,769▲ 1,286%
Line20212022202320242025Change
Profit (loss) for the period9904€14,836€12,091€18,616€12,801€48,319▲ 277%
+ Depreciation and write-downs630----€21,484-
Operating cash flow (approximation)€14,836€12,091€18,616€12,801€69,803▲ 445%
Investment in fixed assets (approximation)--€10,000€0€50€50,427▲ 100,753%
Change in cash--€1,717€61€117€980▲ 736%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial Highest result since 2019net €48,319 ▲277%
Operating result €66,031, net result €48,319, both a record.
30-06
Financial Liquidity quadruplescurrent ratio 2.98
Current ratio from 0.72 to 2.98; short-term debt falls from €171,902 to €93,015.
30-06
Financial Equity above €150,000Eq €190,657 ▲33.9%
7 profitable years in a row build equity to €190,657.
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Equity above €100,000Eq €110,920 ▲12.2%
4 profitable years in a row build equity to €110,920.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
5 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 · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
823 m²
Building footprint
128 m²
Volume, LiDAR
703 m³
Parcel 71323C0570/00T002, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heidebloemstraat 17, 3500 Hasselt
Financial service activities, except insurance and pension funding
since 20022.095.958.776
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0570/00T002 Flanders 823 m² 1 · 128 m² 7.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding · 2 subsidiaries in the tree

Owners 0

The accounts to 30-06-2024 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the annual accounts to 30-06-2024 of ABECO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded07-02-2002
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID 0208:0476864866
Also 9925:BE0476864866
Registered 24-11-2023

Register as of 27 September 2026 · Peppol Directory

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