ABELAG HANDLING

Active

Public limited companyfounded 196462 yrs activeLuchthaven Brussel Nationaal ZN, 1930 Zaventem, BelgiumKBO/BCE: BE 0400.366.114

Summary

ABELAG HANDLING has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.9m) and a net result of -€7.4m. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 6% of 735 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch Report Compare

ABELAG HANDLINGActiveChecked score 42/100

Risk analysis Report Compare

What they do

Warehousing and support activities for transportation

NACE 52230Air transport NACE 51100Computer consultancy and computer facilities management NACE 62200

#2 oldest company in Zaventem, Transport and storage sector1 site

How big

€10.6mturnover 2024

Staff: 29.5 FTE
Equity: -€1.9m
Loss: -€7.4m

Financially healthy?

42 Weak Checked score 2024

Bankruptcy chance 12 m: 0.6%

Who decides

Parent: The FBO Company SA · 100%
Board: 2 members
Holdings: 2

Accounts 63 d overdue2 of 23 deeds read

Why 42- Higher-failure-rate sector- Annual accounts: weaker financial profile- Negative equity- Filed more than 90 days late+ Long track record+ Lower-risk legal formShow the evidence

Checked score

Score 2024

42 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability29▼-44

Solvency8▼-81

Growth36▼-14

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity ample (current ratio 2.82 against 4.13 in 2023; short-term debt: 22.3% and cash: 3.5% of total assets), but equity is negative.

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises 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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 52

Relative position

BE, all sectors

reference

Warehousing and support activities for transportation (NACE 52)

about 72% more bankruptcies

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-17.4%

Return on assets

-69.3%

Age of the figures

21 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

18192021222324

2018 to 2024 · latest year -€1.9m

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-05-2026, 281 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

281 d late

2023

1 d early

2022

12 d early

2021

5 d early

2020

4 d early

2019

122 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)

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

14-07-26 Capital & sharesCapital increase · Auditor report…
09-06-26 Resignation: Michel TOHANE NUNEZ (director)Reappointments: ABELAG HOLDING (director) and…
08-05-26 Annual accounts filedfiscal year 2024 · full…

Key points

Risk: Negative equityfiscal year 2024: debts exceed assets -€1.9m View
Caution: From profit to loss in 2024after €510,818 in 2023 -€7.4m View
Caution: Among the weakest 5% on net resultsector median €126,424 · 735 companies -€7.4m View
Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
Controlled by The FBO Company SAknown shareholders 100% 100% View
Board changedlatest change 09-06-2026 · 2 in office 1 joined · 1 left View
Active since 1964founded 18-02-1964 62 years View