Abeele Projects
ActiveAbeele Projects has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €351k and a net result of €10k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 67% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency87▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.11 in 2024; short-term debt: 18.9% and cash: 5.4% of total assets), and 37.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.1%
Return on assets
1.8%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-02-2026, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 d early
2024
70 d early
2023
57 d early
2022
54 d early
2021
67 d early
2020
49 d early
2019
79 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€351k▼ 4.9%
2024 · €368k
2018: €75k
2019: €409k
2020: €393k
2021: €399k
2022: €403k
2023: €384k
2024: €368k
2018 → 2025
Total assets
€564k▼ 11.7%
2024 · €639k
2018: €384k
2019: €1.21M
2020: €772k
2021: €712k
2022: €764k
2023: €673k
2024: €639k
2018 → 2025
Net result
€10k▼ 16.3%
2024 · €12k
2018: €13k
2019: €26k
2020: €13k
2021: €35k
2022: €33k
2023: €12k
2024: €12k
2018 → 2025
Working capital
€25k▲ 75.1%
2024 · €14k
2018: €-23k
2019: €191k
2020: €15k
2021: €32k
2022: €28k
2023: €13k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€399k-€403k▲ 1.0%€384k▼ 4.7%€368k▼ 4.1%€351k▼ 4.9%
Operating result€2k-€3k▲ 31.3%€-19k€-16k▲ 15.4%€-16k▲ 4.8%
Net result€35k-€33k▼ 6.4%€12k▼ 64.4%€12k▲ 6.0%€10k▼ 16.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €16k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €564k
Fixed assets
€433k▼ 13.0%
Current assets
€131k▼ 7.2%
Equity and liabilities €564k
Equity
€351k▼ 4.9%
Provisions
€34k▼ 17.3%
Debt
€180k▼ 21.7%
The debt ratio falls from 36.0% to 31.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€57k▲
2024 · €52k
Cash flow
€83k▲
2024 · €81k
Solvency
62.1%▲
2024 · 57.7%
Current ratio
1.23▲
2024 · 1.11
Quick ratio
1.05▲
2024 · 0.90
Debt / equity
0.51▼
2024 · 0.62
ROE
3.0%▼
2024 · 3.4%
ROA
1.8%▼
2024 · 1.9%
Interest coverage
13.36▼
2024 · 13.61
Debt
€180k▼
2024 · €230k
Debt ≤ 1 year
€106k▼
2024 · €127k
Debt > 1 year
€73k▼
2024 · €102k
Income taxes
€5k▲
2024 · €3k
Staff costs
€67k▲
2024 · €62k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€639k€564k▼
Fixed assets21/28€497k€433k▼
Tangible fixed assets22/27€497k€433k▼
Land and buildings22€292k€276k▼
Plant, machinery and equipment23€129k€102k▼
Furniture and vehicles24€76k€55k▼
Current assets29/58€141k€131k▼
Stocks and contracts in progress3€28k€20k▼
Stocks30/36€18k€20k▲
Contracts in progress37€10k-
Amounts receivable within one year40/41€84k€78k▼
Trade receivables40€44k€35k▼
Other amounts receivable41€40k€43k▲
Cash at bank and in hand54/58€27k€31k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€639k€564k▼
Equity10/15€368k€351k▼
Contributions10/11€6k€6k=
Outside capital11-€6k
Other1109/19-€6k
Reserves13€210k€182k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€178k€150k▼
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€152k€162k▲
Provisions and deferred taxes16€41k€34k▼
Deferred taxes168€41k€34k▼
Amounts payable17/49€230k€180k▼
Amounts payable after more than one year17€102k€73k▼
Financial debts170/4€102k€73k▼
Amounts payable within one year42/48€127k€106k▼
Current portion of amounts payable after more than one year42€42k€31k▼
Trade debts44€83k€69k▼
Suppliers440/4€83k€69k▼
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€785€2k▲
Remuneration and social security454/9€2k€5k▲
Income statement
Code20242025
Remuneration, social security and pensions62€62k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69k€72k▲
Other operating charges640/8€3k€10k▲
Gross operating margin9900€117k€134k▲
Operating profit (loss)9901€-16k€-16k▲
Financial income75/76B€934€25▼
Recurring financial income75€934€25▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€-19k€-20k▼
Transfer from deferred taxes780€35k€35k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€12k€10k▼
Profit (loss) for the period to be appropriated9905€12k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€152k€162k▲
Profit (loss) brought forward from the previous period14P€140k€152k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
State Gazette act
Board meeting · Registered-office moveBoard meeting · Registered-office move2 facts ▸
State Gazette act
Board meeting · Registered-office move
Board meeting · Registered-office move2 facts ▸
- Board meeting, 2026-08-18
- Registered-office move, Nijverheidsstraat 13A, 8650 Houthulst
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €10k ▼16.3%
Net result drops to €10k, the lowest in the series.
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €35k ▲174%
Net result €35k, the highest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €200kEq €409k ▲447%
2 profitable years in a row build equity to €409k.
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Houthulst · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidsstraat 13A8650 HouthulstGround area
3,391 m²
Building footprint
928 m²
Volume, LiDAR
3,889 m³
2 parcels, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
7e-Geniestraat 24, 8650 Houthulst
since 20092.181.649.467
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32006D0103/00X000 | Flanders | 2,278 m² | 1 · 800 m² | 6.5 m · 2 fl. |
| 32006D0006/00E021 | Flanders | 1,113 m² | 1 · 128 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MENUISERIE DAMS
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BE 0452.181.138
Wervik · Eq €350k
GUY VERHEYEN
BE 0864.018.590
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INTERIEUR VANDEN BUVERIE
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Dentergem · Eq €350k
Of 20,025 companies in sector 43320 we hold annual accounts for 9,136. 6,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2009
Fiscal year end30-09
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.