ABELCOAT
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
22 d early
2022
25 d early
2021
23 d early
2020
22 d early
2019
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€37k▼ 83.0%
2022 · €218k
2018: €175k
2019: €281k
2020: €231k
2021: €231k
2022: €218k
2018 → 2023
EBIT margin
2.9%▼ 19.2pp
2022 · 22.1%
2018: 10.8%
2019: 3.7%
2020: -19.6%
2021: -18.3%
2022: 22.1%
2018 → 2023
Net result
€-19k▼ 112%
2023 · €-9k
2018: €4k
2019: €-3k
2020: €-56k
2021: €-55k
2022: €37k
2023: €-9k
2018 → 2024
Working capital
€-755k▼ 27.6%
2023 · €-591k
2018: €-742k
2019: €-557k
2020: €-597k
2021: €-642k
2022: €-590k
2023: €-591k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€231k-€231k=€218k▼ 5.8%€37k▼ 83.0%
Equity€900k-€845k▼ 6.1%€881k▲ 4.3%€873k▼ 1.0%€702k▼ 19.5%
Operating result€-45k-€-42k▲ 7.0%€48k€1k▼ 97.8%€-10k
Net result€-56k-€-55k▲ 2.9%€37k€-9k€-19k▼ 112%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.70M
Fixed assets
€1.70M =
Current assets
€5k ▼ 97.3%
Equity and liabilities €1.70M
Equity
€702k ▼ 19.5%
Debt
€1.00M ▲ 0.3%
Debt's share of the balance-sheet total rises from 53.4% to 58.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.01▼
2023 · 0.22
Debt to equity
1.43▲
2023 · 1.14
ROE
-2.6%▼
2023 · -1.0%
ROA
-1.1%▼
2023 · -0.5%
Debt ≤ 1 year
€759k▼
2023 · €763k
Debt > 1 year
€243k▲
2023 · €236k
Staff costs
€-261▲
2023 · €-276
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.87M€1.70M▼
Fixed assets21/28€1.70M€1.70M=
Financial fixed assets28€1.70M€1.70M=
Affiliated companies280/1€1.70M€1.70M=
Participating interests280€1.70M€1.70M=
Current assets29/58€172k€5k▼
Amounts receivable within one year40/41€9k€4k▼
Trade receivables40€9k€148▼
Other amounts receivable41€794€4k▲
Current investments50/53€152k€0▼
Own shares50€152k€0▼
Cash at bank and in hand54/58€10k€843▼
Equity and liabilities
Total equity and liabilities10/49€1.87M€1.70M▼
Equity10/15€873k€702k▼
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€192k€40k▼
Non-distributable reserves130/1€192k€40k▼
Legal reserve130€40k€40k=
Own shares acquired1312€152k€0▼
Profit (loss) carried forward14€181k€162k▼
Amounts payable17/49€999k€1.00M▲
Amounts payable after more than one year17€236k€243k▲
Financial debts170/4€236k€243k▲
Other loans174€236k€243k▲
Amounts payable within one year42/48€763k€759k▼
Current portion of amounts payable after more than one year42€0€0=
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€65-
Taxes450/3€65-
Other amounts payable47/48€756k€757k▲
Accrued charges and deferred income492/3-€114
Income statement
Code20232024
Operating income70/76A€38k-
Turnover70€37k-
Other operating income74€1k-
Operating charges60/66A€37k€10k▼
Services and other goods61€32k€9k▼
Remuneration, social security and pensions62€-276€-261▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€1k€968▼
Non-recurring operating charges66A€4k€0▼
Operating profit (loss)9901€1k€-10k▼
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Debt charges650€9k€7k▼
Other financial charges652/9€1k€1k▲
Profit (loss) for the period before taxes9903€-9k€-19k▼
Income taxes67/77€137-
Taxes670/3€137-
Profit (loss) for the period9904€-9k€-19k▼
Profit (loss) for the period to be appropriated9905€-9k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€181k€162k▼
Profit (loss) brought forward from the previous period14P€189k€181k▼
Transfer to equity691/2€0-
To the legal reserve6920€0-
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-10
State Gazette act
Merger · Accounting effect
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after 3 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2012
03-07
State Gazette act
General meeting · Statutes amendment
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:DECUBE