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ABEG

Active
Private limited companyfounded 2024active for 2 yearsBrederodestraat 33-35, 2018 Antwerpen, BelgiumKBO/BCE: BE 1013.800.844
Summary

The computed 12-month bankruptcy probability of ABEG is 4.2% (elevated). The 2025 annual accounts show negative equity (-€15,792) and a net result of -€30,792. Its solvency ranks better than 17% of 1,883 sector peers (NACE 10, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€15,792
Total assets
€154,887
Net result
-€30,792
Working capital
-€69,649

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €154,887
Fixed assets €134,491
Current assets €20,396
Equity and liabilities
Equity-€15,792
Debt€170,679
Equity is negative: debt (€170,679) exceeds the balance-sheet total (€154,887).
Key figures and ratios
2025 value
EBITDA
-€25,138
Cash flow
-€26,707
Solvency
-10.2%
Current ratio
0.23
Quick ratio
0.19
ROA
-19.9%
Interest coverage
-15.79
Debt
€170,679
Debt ≤ 1 year
€90,045
Debt > 1 year
€75,134
Staff costs
€24,110
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.8% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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 7,639 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€154,887
Fixed assets21/28€134,491
Tangible fixed assets22/27€127,696
Plant, machinery and equipment23€34,599
Furniture and vehicles24€2,137
Other tangible fixed assets26€90,960
Financial fixed assets28€6,795
Current assets29/58€20,396
Stocks and contracts in progress3€3,500
Stocks30/36€3,500
Amounts receivable within one year40/41€1,829
Trade receivables40€1,829
Cash at bank and in hand54/58€15,067
Equity and liabilities
Total equity and liabilities10/49€154,887
Equity10/15-€15,792
Contributions10/11€15,000
Profit (loss) carried forward14-€30,792
Amounts payable17/49€170,679
Amounts payable after more than one year17€75,134
Financial debts170/4€75,134
Amounts payable within one year42/48€90,045
Trade debts44€18,037
Suppliers440/4€18,037
Taxes, remuneration and social security45€12,634
Taxes450/3€5,340
Remuneration and social security454/9€7,294
Other amounts payable47/48€59,374
Accrued charges and deferred income492/3€5,500
Income statement Code2025
Remuneration, social security and pensions62€24,110
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,086
Other operating charges640/8€793
Gross operating margin9900-€234
Operating profit (loss)9901-€29,223
Financial income75/76B€23
Recurring financial income75€23
Financial charges65/66B€1,592
Recurring financial charges65€1,592
Profit (loss) for the period before taxes9903-€30,792
Profit (loss) for the period9904-€30,792
Profit (loss) for the period to be appropriated9905-€30,792
Appropriation of the result
Profit (loss) to be appropriated9906-€30,792

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€24,110
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,086
Other operating charges640/8€793
Gross operating margin9900-€234
Operating profit (loss)9901-€29,223
Financial income75/76B€23
Recurring financial income75€23
Financial charges65/66B€1,592
Recurring financial charges65€1,592
Profit (loss) for the period before taxes9903-€30,792
Profit (loss) for the period9904-€30,792
Profit (loss) for the period to be appropriated9905-€30,792
Line2025
Assets
Total assets20/58€154,887
Fixed assets21/28€134,491
Tangible fixed assets22/27€127,696
Plant, machinery and equipment23€34,599
Furniture and vehicles24€2,137
Other tangible fixed assets26€90,960
Financial fixed assets28€6,795
Current assets29/58€20,396
Stocks and contracts in progress3€3,500
Stocks30/36€3,500
Amounts receivable within one year40/41€1,829
Trade receivables40€1,829
Cash at bank and in hand54/58€15,067
Equity and liabilities
Total equity and liabilities10/49€154,887
Equity10/15-€15,792
Contributions10/11€15,000
Profit (loss) carried forward14-€30,792
Amounts payable17/49€170,679
Amounts payable after more than one year17€75,134
Financial debts170/4€75,134
Amounts payable within one year42/48€90,045
Trade debts44€18,037
Suppliers440/4€18,037
Taxes, remuneration and social security45€12,634
Taxes450/3€5,340
Remuneration and social security454/9€7,294
Other amounts payable47/48€59,374
Accrued charges and deferred income492/3€5,500
Line2025
Profit (loss) for the period9904-€30,792
+ Depreciation and write-downs630€4,086
Operating cash flow (approximation)-€26,707

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 02-07-2026 2026-00252524

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 4,177 active companies whose main activity is artisanal bread and fresh pastry making (NACE 10712), figures are known for 1,883. See the whole sector

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