ABELIM
ActiveSummary
ABELIM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26.4m and a net result of €381,143. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+61
Solvency100=
Growth22▼-16
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90,000 at 30 days acceptable
Liquidity ample (current ratio 6.89 against 11.89 in 2024; short-term debt: 10.9% and cash: 1.3% of total assets), and 13.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
86.9%
Return on assets
1.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
62 d early
2023
54 d early
2022
47 d early
2021
41 d early
2020
52 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 50 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?ALCOPA · 15 companies How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by equity in Kontich, Real estate sector#5 company by total assets in Kontich, Real estate sector
Turnover
€920,611▲ 8.8%
2024 · €846,261
EBIT margin
13.8%▲ 163.6pp
2024 · -149.7%
Net result
€381,143▼ 83.5%
2024 · €2.3m
Working capital
€19.4m▼ 7.1%
2024 · €20.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.8m▼ 0.1%€2.9m▲ 3.9%€1.4m▼ 51.2%€846,261▼ 40.7%€920,611▲ 8.8%
Operating result€1.4m▲ 138%€1.6m▲ 19.5%€26.7m▲ 1,548%-€1.3m€127,255
Net result€561,691above the sector's middle half▼ 82.7%€39.2mabove the sector's middle half▲ 6,884%€22.1mabove the sector's middle half▼ 43.7%€2.3mabove the sector's middle half▼ 89.5%€381,143above the sector's middle half▼ 83.5%
EBIT margin48.2%▲ 28.0pp55.5%▲ 7.3pp1873.0%▲ 1817.5pp-149.7%▼ 2022.7pp13.8%▲ 163.6pp
Equity€30.4mabove the sector's middle half▼ 12.7%€69.3mabove the sector's middle half▲ 128%€26.7mabove the sector's middle half▼ 61.5%€28.8mabove the sector's middle half▲ 8.1%€26.4mabove the sector's middle half▼ 8.5%
Total assets€52.0mabove the sector's middle half▼ 9.1%€72.4mabove the sector's middle half▲ 39.3%€100.6mabove the sector's middle half▲ 39.0%€32.1mabove the sector's middle half▼ 68.1%€30.4mabove the sector's middle half▼ 5.3%
Debt€21.6m▲ 10.3%€2.1m▼ 90.4%€73.5m▲ 3,455%€2.0m▼ 97.3%€3.3m▲ 66.5%
Working capital-€16.3m▼ 32.6%€60.2m€17.3m▼ 71.3%€20.9m▲ 20.9%€19.4m▼ 7.1%
Solvency58.5%within the sector's middle half▼ 2.4pp95.8%above the sector's middle half▲ 37.3pp26.5%within the sector's middle half▼ 69.3pp89.9%above the sector's middle half▲ 63.4pp86.9%above the sector's middle half▼ 3.0pp
Staff (FTE)6.2within the sector's middle half▼ 1.6%5within the sector's middle half▼ 19.4%4.5within the sector's middle half▼ 10.0%4.1within the sector's middle half▼ 8.9%2.3within the sector's middle half▼ 43.9%
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €127,255 after a loss of €1.3m in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €30.4m
Fixed assets
€7.6m ▼ 17.4%
Current assets
€22.7m ▼ 0.4%
Equity and liabilities €30.4m
Equity
€26.4m ▼ 8.5%
Provisions
€665,300 ▼ 47.2%
Debt
€3.3m ▲ 66.5%
Debt's share of the balance-sheet total rises from 6.2% to 10.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€283,348▲
2024 · -€1.1m
Cash flow
€537,236▼
2024 · €2.5m
Current ratio
6.89▼
2024 · 11.89
Debt to equity
0.13▲
2024 · 0.07
ROE
1.4%▼
2024 · 8.0%
ROA
1.3%▼
2024 · 7.2%
Interest coverage
45.68▲
2024 · -19.00
Debt ≤ 1 year
€3.3m▲
2024 · €1.9m
Income taxes
-€352,745▼
2024 · €2,338
Staff costs
€645,916▲
2024 · €513,670
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 16,986 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €5.5m | €6.0m | €29.6m | €2.3m | €1.5m | ▼ 36.2% |
| Turnover70 | €2.8m | €2.9m | €1.4m | €846,261 | €920,611 | ▲ 8.8% |
| Other operating income74 | €2.7m | €3.1m | €28.2m | €1.4m | €469,764 | ▼ 67.2% |
| Non-recurring operating income76A | - | - | - | - | €64,223 | - |
| Operating charges60/66A | €4.2m | €4.4m | €2.9m | €3.5m | €1.3m | ▼ 62.6% |
| Services and other goods61 | €1.9m | €1.9m | €2.1m | €2.0m | €1.1m | ▼ 47.6% |
| Remuneration, social security and pensions62 | €1.3m | €741,898 | €562,378 | €513,670 | €645,916 | ▲ 25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €744,066 | €582,575 | €201,321 | €152,445 | €156,093 | ▲ 2.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €973,527 | -€502,215 | €788,539 | -€594,551 | ▼ 175% |
| Other operating charges640/8 | €245,061 | €230,831 | €495,191 | €49,474 | €49,953 | ▲ 1.0% |
| Operating profit (loss)9901 | €1.4m | €1.6m | €26.7m | -€1.3m | €127,255 | ▲ 110% |
| Financial income75/76B | €928,861 | €38.9m | €3.7m | €6.6m | €686,018 | ▼ 89.6% |
| Recurring financial income75 | €928,861 | €205,896 | €3.1m | €2.4m | €686,018 | ▼ 70.8% |
| Income from financial fixed assets750 | €814,055 | €79,996 | €396,275 | €150,000 | €150,000 | = |
| Income from current assets751 | €114,540 | €124,490 | €2.7m | €2.2m | €535,812 | ▼ 75.6% |
| Other financial income752/9 | €266 | €1,411 | €1,184 | €544 | €206 | ▼ 62.2% |
| Non-recurring financial income76B | - | €38.7m | €595,343 | €4.2m | - | - |
| Financial charges65/66B | €303,523 | €816,430 | €618,883 | €3.0m | €784,874 | ▼ 73.8% |
| Recurring financial charges65 | €303,523 | €317,903 | €57,332 | €65,075 | €10,553 | ▼ 83.8% |
| Debt charges650 | €299,428 | €313,482 | €44,729 | €58,673 | €6,203 | ▼ 89.4% |
| Other financial charges652/9 | €4,096 | €4,421 | €12,603 | €6,401 | €4,350 | ▼ 32.0% |
| Non-recurring financial charges66B | - | €498,527 | €561,551 | €2.9m | €774,321 | ▼ 73.6% |
| Profit (loss) for the period before taxes9903 | €2.0m | €39.7m | €29.8m | €2.3m | €28,398 | ▼ 98.8% |
| Transfer from deferred taxes780 | €2.8m | - | - | - | - | - |
| Income taxes67/77 | €4.2m | €445,000 | €7.7m | €2,338 | -€352,745 | ▼ 15,189% |
| Taxes670/3 | €4.2m | €445,000 | €7.7m | €2,338 | €1,016 | ▼ 56.5% |
| Tax adjustments and reversals of tax provisions77 | - | - | €56,511 | - | €353,761 | - |
| Profit (loss) for the period9904 | €561,691 | €39.2m | €22.1m | €2.3m | €381,143 | ▼ 83.5% |
| Transfer from tax-exempt reserves789 | €8.4m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €9.0m | €39.2m | €22.1m | €2.3m | €381,143 | ▼ 83.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52.0m | €72.4m | €100.6m | €32.1m | €30.4m | ▼ 5.3% |
| Fixed assets21/28 | €46.8m | €10.2m | €10.0m | €9.2m | €7.6m | ▼ 17.4% |
| Tangible fixed assets22/27 | €9.0m | €3.9m | €2.8m | €2.7m | €2.6m | ▼ 4.1% |
| Land and buildings22 | €8.2m | €3.0m | €1.9m | €1.9m | €1.8m | ▼ 5.3% |
| Furniture and vehicles24 | €833,921 | €824,912 | €814,844 | €804,500 | €797,139 | ▼ 0.9% |
| Other tangible fixed assets26 | - | - | €6,378 | €14,060 | €11,498 | ▼ 18.2% |
| Financial fixed assets28 | €37.8m | €6.3m | €7.2m | €6.6m | €5.1m | ▼ 22.9% |
| Affiliated companies280/1 | €37.8m | €6.3m | €7.2m | €6.6m | €5.1m | ▼ 22.9% |
| Participating interests280 | €37.8m | €6.3m | €7.2m | €6.6m | €5.1m | ▼ 22.9% |
| Other financial fixed assets284/8 | €2,147 | €2,147 | €2,147 | €2,147 | - | - |
| Amounts receivable and cash guarantees285/8 | €2,147 | €2,147 | €2,147 | €2,147 | - | - |
| Current assets29/58 | €5.2m | €62.2m | €90.7m | €22.8m | €22.7m | ▼ 0.4% |
| Amounts receivable after more than one year29 | €2.3m | €1.3m | €500,000 | €500,000 | €500,000 | = |
| Other amounts receivable291 | €2.3m | €1.3m | €500,000 | €500,000 | €500,000 | = |
| Amounts receivable within one year40/41 | €2.2m | €17.2m | €1.7m | €1.1m | €615,556 | ▼ 44.2% |
| Trade receivables40 | €118,294 | €187,311 | €112,479 | €92,804 | €26,544 | ▼ 71.4% |
| Other amounts receivable41 | €2.1m | €17.0m | €1.6m | €1.0m | €589,012 | ▼ 41.7% |
| Current investments50/53 | - | €42.0m | €62.0m | €21.0m | €21.2m | ▲ 0.7% |
| Other investments51/53 | - | €42.0m | €62.0m | €21.0m | €21.2m | ▲ 0.7% |
| Cash at bank and in hand54/58 | €772,603 | €1.8m | €25.9m | €206,066 | €389,939 | ▲ 89.2% |
| Deferred charges and accrued income490/1 | €303 | €9,355 | €618,785 | €9,903 | €64,528 | ▲ 552% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52.0m | €72.4m | €100.6m | €32.1m | €30.4m | ▼ 5.3% |
| Equity10/15 | €30.4m | €69.3m | €26.7m | €28.8m | €26.4m | ▼ 8.5% |
| Contributions10/11 | €24.2m | €24.2m | €24.2m | €24.2m | €24.2m | = |
| Capital10 | €19.5m | €19.5m | €19.5m | €19.5m | €19.5m | = |
| Issued capital100 | €19.5m | €19.5m | €19.5m | €19.5m | €19.5m | = |
| Outside capital11 | €4.7m | €4.7m | €4.7m | €4.7m | €4.7m | = |
| Share premium1100/10 | €4.7m | €4.7m | €4.7m | €4.7m | €4.7m | = |
| Revaluation surpluses12 | €162,256 | €162,256 | €162,256 | €162,256 | €162,256 | = |
| Reserves13 | €6.0m | €44.9m | €2.3m | €4.4m | €2.0m | ▼ 55.1% |
| Non-distributable reserves130/1 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Legal reserve130 | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Distributable reserves133 | €4.0m | €43.0m | €320,705 | €2.5m | €36,083 | ▼ 98.5% |
| Provisions and deferred taxes16 | - | €973,527 | €471,312 | €1.3m | €665,300 | ▼ 47.2% |
| Provisions for liabilities and charges160/5 | - | €973,527 | €471,312 | €1.3m | €665,300 | ▼ 47.2% |
| Pensions and similar obligations160 | - | - | - | €813,200 | €337,068 | ▼ 58.6% |
| Environmental obligations163 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Other liabilities and charges164/5 | - | €723,527 | €221,312 | €196,650 | €78,231 | ▼ 60.2% |
| Amounts payable17/49 | €21.6m | €2.1m | €73.5m | €2.0m | €3.3m | ▲ 66.5% |
| Amounts payable within one year42/48 | €21.5m | €2.0m | €73.4m | €1.9m | €3.3m | ▲ 71.7% |
| Financial debts43 | €13.9m | €523,914 | €416,593 | €664,269 | €10,052 | ▼ 98.5% |
| Credit institutions430/8 | €10.6m | - | - | - | - | - |
| Other loans439 | €3.3m | €523,914 | €416,593 | €664,269 | €10,052 | ▼ 98.5% |
| Trade debts44 | €222,872 | €209,909 | €160,638 | €437,044 | €216,337 | ▼ 50.5% |
| Suppliers440/4 | €222,872 | €209,909 | €160,638 | €437,044 | €216,337 | ▼ 50.5% |
| Taxes, remuneration and social security45 | €2.4m | €1.0m | €8.0m | €652,664 | €251,760 | ▼ 61.4% |
| Taxes450/3 | €1.5m | €877,489 | €7.9m | €549,702 | €195,940 | ▼ 64.4% |
| Remuneration and social security454/9 | €960,871 | €126,656 | €125,617 | €102,962 | €55,820 | ▼ 45.8% |
| Other amounts payable47/48 | €5.0m | €270,000 | €64.8m | €165,000 | €2.8m | ▲ 1,608% |
| Accrued charges and deferred income492/3 | €45,687 | €59,240 | €121,983 | €68,260 | €12,510 | ▼ 81.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €561,691 | €39.2m | €22.1m | €2.3m | €381,143 | ▼ 83.5% |
| + Depreciation and write-downs630 | €744,066 | €582,575 | €201,321 | €152,445 | €156,093 | ▲ 2.4% |
| Operating cash flow (approximation) | €1.3m | €39.8m | €22.3m | €2.5m | €537,236 | ▼ 78.2% |
| Investment in fixed assets (approximation) | - | €36.0m | -€11,524 | €575,050 | €1.5m | ▲ 153% |
| Change in cash | - | €991,837 | €24.1m | -€25.7m | €183,873 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €381,143 ▼83.5%
Net result drops to €381,143, the lowest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity times 10current ratio 11.89
Current ratio from 1.24 to 11.89; short-term debt falls from €73.4m to €1.9m.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €39.2m ▲6,884%
Net result €39.2m, the highest in the series.
31-12
Financial
Liquidity times 128current ratio 30.98
Current ratio from 0.24 to 30.98; short-term debt falls from €21.5m to €2.0m.
31-12
Financial
Equity above €50mEq €69.3m ▲128%
5 profitable years in a row build equity to €69.3m.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-11
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 28 acts read
About the unread acts
We know of 28 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
28 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 1992
Ground area
1.3 ha
Building footprint
3,028 m²
Volume, LiDAR
18,640 m³
Parcel 11024G0337/00B000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
ABELIM NV
since 19922.056.152.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024G0337/00B000 | Flanders | 1.3 ha | 1 · 3,028 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
ALCOPA
15 companies
Group, risk and exposure
Owners and holdings
2 owners · 2 holdingsChain of control
- ALCOPA
- Alcopa Capital Development
- ABELIM
Highest known parent: ALCOPA. The sources do not say who stands above it.
Owners 2
-
100%
- ALCOPAparentSourceLEI registerconsolidated
Holdings 2
-
100%
-
100%
According to the 2025 annual accounts of ABELIM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
699400A5IV5L5CZUBC16
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Identification & contact
Identification
Legal formPublic limited company
Founded30-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446232464
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.