ABEL CONSTRUCT
InactiveABEL CONSTRUCT was declared bankrupt on 23-09-2024 (Tribunal de l’entreprise francophone de Bruxelles). The bankruptcy was closed for insufficient assets by judgment of 11-02-2025, published in the Belgian Official Gazette on 19-02-2025.
Summary
Inactive. The last annual accounts are for financial year 2023.
Overview
Overview
Official details
Source: KBO- Status
- Inactive deed of incorporation of 09-05-2000 · bankruptcy closed on 11-02-2025
- Activity
- “La vente, la location, la réparation, la restauration et la gestion d'immeubles, de maisons…” (deed in French)From the articles, 33 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Sandra Cristina DA NOBREGA RIBEIRO DE CARVALHODirector · since 27-12-2023
Shareholders
- Alberto Eufrasio0%annual accounts 2020
- Joaquim Andrade Da Silva0%annual accounts 2020
- Manuel Luis Da Nobrega Ribeiro de Carvalho0%annual accounts 2020
Financial position
No score
Annual accounts 2023
- Gross margin
- -€48,588
- ▼ 406%
- Loss
- €53,170
- ▲ 348%
- Equity
- -€34,038
- Total assets
- €89,470
- ▼ 29.3%
Financials
Financials · financial year 2023, full format
Annual accounts 2023 filed on 25-07-2024 PDF all 23 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€53,170▼ 348%
2022 · -€11,860
Working capital
-€57,502
2022 · €10,764
Multi-year overview
2018 to 2023, 6 financial yearsOperating result
-€53,011
▼ 331%
2023
20182023
Net result
-€53,170
▼ 348%
2023
20182023
Equity
-€34,038
2023
20182023
Total assets
€89,470
▼ 29.3%
2023
20182023
Debt
€123,508
▲ 14.9%
2023
20182023
Working capital
-€57,502
2023
20182023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€1,942-€25,970€14,798▼ 43.0%-€32,571-€12,298▲ 62.2%-€53,011▼ 331%
Net result-€3,165-€22,168€9,861▼ 55.5%-€32,860-€11,860▲ 63.9%-€53,170▼ 348%
Equity€30,650-€52,818▲ 72.3%€62,678▲ 18.7%€30,993▼ 50.6%€19,133▼ 38.3%-€34,038
Total assets€180,630-€202,781▲ 12.3%€174,595▼ 13.9%€117,030▼ 33.0%€126,638▲ 8.2%€89,470▼ 29.3%
Debt€149,980-€149,964=€111,916▼ 25.4%€86,038▼ 23.1%€107,506▲ 25.0%€123,508▲ 14.9%
Working capital€19,083-€44,289▲ 132%€56,237▲ 27.0%€24,237▼ 56.9%€10,764▼ 55.6%-€57,502
The operating result for 2023 is a loss of €53,011, larger than the loss of €12,298 in 2022. It is the lowest result since 2018.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €89,470
Fixed assets
€23,465 ▲ 180%
Current assets
€66,006 ▼ 44.2%
Equity and liabilities
Equity-€34,038
Debt€123,508
Equity is negative. Debt (€123,508) exceeds the balance-sheet total (€89,470).
Key figures and ratios
EBITDA
-€49,357▼
2022 · -€11,755
Cash flow
-€49,517▼
2022 · -€11,317
Solvency
-38.0%▼
2022 · 15.1%
Current ratio
0.53▼
2022 · 1.10
ROA
-59.4%▼
2022 · -9.4%
Interest coverage
-284.89▼
2022 · -36.85
Debt ≤ 1 year
€123,508▲
2022 · €107,506
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €2,156 | €18,386 |
| Financial fixed assets | €640 | - | €363 |
| Depreciation and write-downs of the year | €326 | €543 | €3,654 |
Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,903 | €6,678 | €2,087 | €326 | €543 | €3,654 | ▲ 573% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €840 | - | - |
| Other operating charges640/8 | - | - | - | €843 | €1,312 | €769 | ▼ 41.4% |
| Gross operating margin9900 | €4,733 | €33,408 | €17,768 | -€31,402 | -€9,603 | -€48,588 | ▼ 406% |
| Operating profit (loss)9901 | -€1,942 | €25,970 | €14,798 | -€32,571 | -€12,298 | -€53,011 | ▼ 331% |
| Financial income75/76B | - | - | - | €33 | €20 | €14 | ▼ 32.6% |
| Recurring financial income75 | €5 | €0 | €1 | €33 | €20 | €14 | ▼ 32.6% |
| Financial charges65/66B | - | - | - | €323 | €319 | €173 | ▼ 45.7% |
| Recurring financial charges65 | €1,235 | €802 | €96 | €323 | €319 | €173 | ▼ 45.7% |
| Profit (loss) for the period before taxes9903 | -€3,172 | €25,168 | €14,702 | -€32,860 | -€12,597 | -€53,170 | ▼ 322% |
| Income taxes67/77 | -€6 | €3,000 | €4,841 | - | -€737 | - | - |
| Profit (loss) for the period9904 | -€3,165 | €22,168 | €9,861 | -€32,860 | -€11,860 | -€53,170 | ▼ 348% |
| Profit (loss) for the period to be appropriated9905 | -€3,165 | €22,168 | €9,861 | -€32,860 | -€11,860 | -€53,170 | ▼ 348% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €180,630 | €202,781 | €174,595 | €117,030 | €126,638 | €89,470 | ▼ 29.3% |
| Fixed assets21/28 | €11,961 | €8,529 | €6,441 | €6,756 | €8,369 | €23,465 | ▲ 180% |
| Tangible fixed assets22/27 | €5,961 | €2,529 | €441 | €116 | €1,729 | €16,462 | ▲ 852% |
| Plant, machinery and equipment23 | - | - | - | €116 | €1,729 | €1,292 | ▼ 25.3% |
| Furniture and vehicles24 | - | - | - | - | - | €15,169 | - |
| Financial fixed assets28 | €6,000 | €6,000 | €6,000 | €6,640 | €6,640 | €7,003 | ▲ 5.5% |
| Current assets29/58 | €168,669 | €194,252 | €168,153 | €110,275 | €118,269 | €66,006 | ▼ 44.2% |
| Amounts receivable within one year40/41 | €139,661 | €151,559 | €153,025 | €107,080 | €98,701 | €63,625 | ▼ 35.5% |
| Trade receivables40 | - | - | - | €102,131 | €96,759 | €60,359 | ▼ 37.6% |
| Other amounts receivable41 | - | - | - | €4,950 | €1,942 | €3,266 | ▲ 68.2% |
| Cash at bank and in hand54/58 | €27,232 | €40,386 | €13,426 | €1,609 | €17,835 | €335 | ▼ 98.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,585 | €1,733 | €2,045 | ▲ 18.0% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €180,630 | €202,781 | €174,595 | €117,030 | €126,638 | €89,470 | ▼ 29.3% |
| Equity10/15 | €30,650 | €52,818 | €62,678 | €30,993 | €19,133 | -€34,038 | - |
| Contributions10/11 | €17,417 | €17,417 | €17,417 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €15,759 | €26,154 | €36,015 | €36,015 | €36,015 | €36,015 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €34,156 | €34,156 | €34,156 | = |
| Profit (loss) carried forward14 | -€2,527 | €9,246 | €9,246 | -€23,614 | -€35,474 | -€88,645 | ▼ 150% |
| Amounts payable17/49 | €149,980 | €149,964 | €111,916 | €86,038 | €107,506 | €123,508 | ▲ 14.9% |
| Amounts payable within one year42/48 | €149,586 | €149,964 | €111,916 | €86,038 | €107,506 | €123,508 | ▲ 14.9% |
| Trade debts44 | €143,351 | €119,261 | €98,331 | €54,258 | €34,625 | €20,584 | ▼ 40.6% |
| Suppliers440/4 | - | - | - | €54,258 | €34,625 | €20,584 | ▼ 40.6% |
| Taxes, remuneration and social security45 | - | - | - | €5,311 | €39,592 | €44,734 | ▲ 13.0% |
| Taxes450/3 | - | - | - | €2,961 | €23,337 | €34,994 | ▲ 50.0% |
| Remuneration and social security454/9 | - | - | - | €2,350 | €16,255 | €9,740 | ▼ 40.1% |
| Other amounts payable47/48 | - | - | - | €26,469 | €33,289 | €58,190 | ▲ 74.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,165 | €22,168 | €9,861 | -€32,860 | -€11,860 | -€53,170 | ▼ 348% |
| + Depreciation and write-downs630 | €5,903 | €6,678 | €2,087 | €326 | €543 | €3,654 | ▲ 573% |
| Operating cash flow (approximation) | €2,738 | €28,845 | €11,948 | -€32,535 | -€11,317 | -€49,517 | ▼ 338% |
| Investment in fixed assets (approximation) | - | -€3,245 | €0 | -€640 | -€2,156 | -€18,749 | ▼ 770% |
| Change in cash | - | €13,154 | -€26,959 | -€11,817 | €16,225 | -€17,499 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | full format | 25-07-2024 | 2024-00284540 | |
| 31-12-2022 | full format | 23-06-2023 | 2023-00154324 | |
| 31-12-2021 | full format | 08-07-2022 | 2022-20166944 | |
| 31-12-2020 | full format | 19-07-2021 | 2021-36900351 | |
| 31-12-2019 | full format | 30-07-2020 | 2020-37300066 | |
| 31-12-2018 | full format | 31-07-2019 | 2019-42400223 | |
| 31-12-2017 | full format | 27-07-2018 | 2018-38900584 | |
| 31-12-2016 | full format | 04-07-2017 | 2017-26400565 | |
| 31-12-2015 | full format | 23-06-2016 | 2016-21500190 | |
| 31-12-2014 | full format | 30-06-2015 | 2015-23700130 |
Board & ownership
Directors
Directors
1 director, last change in 2024
Sandra Cristina DA NOBREGA RIBEIRO DE CARVALHO
Current
Director · since 27-12-2023 · term without a fixed end · listed in the 2023 annual accounts, filed on 25-07-2024
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Anicet Baum Avenue Armand Huysmans 212, 1050 Ixelles |
23-09-2024 → 11-02-2025 |
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
deed of 25-01-2024Owners and capital
Shareholders
6 ownersOwners 6
- Alberto Eufrasionatural personSourceown accounts 20200%
- Joaquim Andrade Da Silvanatural personSourceown accounts 20200%
- Manuel Luis Da Nobrega Ribeiro de Carvalhonatural personSourceown accounts 20200%
- Paulo Gouveianatural personSourceown accounts 20200%
- Rui Andrade Alves Paulonatural personSourceown accounts 20200%
- Sandra Da Nobreganatural personSourceown accounts 20200%
Owners through the years 2016 to 2020
| Name | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Alberto Eufrasionatural person | listed | ||||
| Joaquim Andrade Da Silvanatural person | listed | ||||
| Manuel Luis Da Nobrega Ribeiro de Carvalhonatural person | listed | ||||
| Paulo Gouveianatural person | listed | ||||
| Rui Andrade Alves Paulonatural person | listed | ||||
| Sandra Da Nobreganatural person | listed | ||||
Source: shareholder structure in its own accounts
Capital transactions
Capital over time
- 25-01-2024 Capital stated in the deed · 750 shares
Network & group
Connections & network
1 current directorThe network starts from the directors of ABEL CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2025
19-02
Bankruptcy
Bankruptcy closure (insufficient assets)
French-language Enterprise Court of Brussels · judgment of 11-02-2025
2024
30-09
Bankruptcy
Bankruptcy declared
French-language Enterprise Court of Brussels · judgment of 23-09-2024
25-07
full format · 6 days before the deadline
25-01
Gazette deed
Appointment: Sandra Cristina DA NOBREGA RIBEIRO DE CARVALHO (director)5 points ▸
Gazette deed
Appointment: Sandra Cristina DA NOBREGA RIBEIRO DE CARVALHO (director)
5 points ▸
- General meeting, 27-12-2023
- 750 shares
- Board rule, 1
- Director appointment, Sandra Cristina DA NOBREGA RIBEIRO DE CARVALHO
- Registered office clause, boulevard Industriel 9, 1070 Anderlecht
- The deed holds 4 more points.
2023
31-12
Financial
Weakest financial yearnet -€53,170
The net result drops to -€53,170, the lowest from 2018 to 2023.
23-06
full format · 38 days before the deadline
2022
08-07
full format · 23 days before the deadline
2021
19-07
full format · 12 days before the deadline
2020
30-07
full format · 1 day before the deadline
2019
31-12
Financial
Back to profitnet €22,168
The net result is €22,168, after one loss-making year.
31-07
full format · on the deadline day
2018
27-07
full format · 4 days before the deadline
Show earlier events
2017
04-07
full format · 27 days before the deadline
2016
23-06
full format · 38 days before the deadline
2015
30-06
full format · 31 days before the deadline
2000
09-05
Gazette deed
Incorporation
16 publications in the Belgian Official Gazette, the last on 25-01-2024
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Inactive
Inactive
ABEL CONSTRUCT is no longer in the KBO register.
- Status
- Inactive
- Last annual accounts
- financial year to 31 December 2023
- Last registered office
- Boulevard Industriel 9, 1070 Anderlechtas published on 25 January 2024
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2001
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La vente, la location, la réparation, la restauration et la gestion d'immeubles, de maisons et appartements; Le nettoyage et désinfection…”
33 activities
- La vente, la location, la réparation, la restauration et la gestion d'immeubles, de maisons et appartements
- Le nettoyage et désinfection des maisons et de locaux, meubles, ameublement et autres objets divers
- La peinture industrielle
- Commerce en gros et détail, importation exportation de tous matériaux de construction
- L’installation d'échafaudages
- Le rejointage et le nettoyage de façades
- Le nettoyage des vitres
- L'isolation thermique acoustique
- Le placement de clôtures, de ferronnerie et de menuiserie métallique
- Le placement de paratonnerres
- La pose de chapes, coffrages et terrassements, le ramonage de cheminées
- Les travaux d'égouts, de pose de câbles et de canalisations diverses
- L'aménagement des terrains de sports et de jeux, de parcs et jardins
- Le commerce en gros de matériaux de construction entreprises de construction générale
- La coordination des travaux à l'exception de toutes activités réglementés, qui seront traités par les sous-traitants
- Les travaux du gyproc; pose de plafonds et de faux plafonds
- Tous les travaux de construction
- Tous travaux de terrassement, l'aménagement et l'entretien de terrains divers
- Tous travaux de gros œuvres
- Les activités générales de la construction
- Tous travaux de démolition
- Tous travaux de rejointoiement
- L'isolation thermique et acoustique
- Le revêtements de murs et de sols
- Tous travaux de plafonnage
- Tous travaux de pierres de taille et de marbrerie
- Tous travaux de restauration
- Tous travaux de charpenterie, menuiserie, menuiserie métallique
- Tous travaux de vitreries
- Tous travaux de peinture et de tapissage ainsi que toutes activités diverses
- Sous toutes ses formes pour son propre compte ou pour celui de tiers
- Toutes opérations mobilières, immobilières, se rapportant directement ou indirectement à son objet
- Le fonctionnement d'une entreprise de construction générale sous tous les aspects, et ce, dans le respect des limites imposées par la législation relative à l'accès de certaines professions ou activités
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”
General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 18:00
Articles of association, deed of 25-01-2024 (in French)