ABELMO
ActiveSummary
ABELMO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81,405 and a net result of -€12,271. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 57% of 534 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Financials · financial year 2025, full format
Turnover
€0▼ 100%
2023 · €258
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€12,271▲ 12.1%
2024 · -€13,961
Working capital
€9,381▼ 56.7%
2024 · €21,652
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €10,641 in 2025 against €12,385 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0
2024
Operating result-€10,641
2025
Net result-€12,271
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€162,419
2025
Equity€81,405
2025
Debt€81,014
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€9,381
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-7.6%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency50.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.15
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€13,207-€21,485▲ 62.7%€19,864▼ 7.5%€13,199▼ 33.6%€6,645▼ 49.7%€258▼ 96.1%€0▼ 100%
Operating result€8,422-€10,644▲ 26.4%€6,108▼ 42.6%€4,892▼ 19.9%-€12,278-€4,239▲ 65.5%-€12,385▼ 192%-€10,641▲ 14.1%
Net result€7,063-€9,261▲ 31.1%€4,052within the sector's middle half▼ 56.2%€3,481within the sector's middle half▼ 14.1%-€13,629below the sector's middle half-€5,589below the sector's middle half▲ 59.0%-€13,961below the sector's middle half▼ 150%-€12,271below the sector's middle half▲ 12.1%
Equity€110,060-€119,321▲ 8.4%€123,373within the sector's middle half▲ 3.4%€126,854within the sector's middle half▲ 2.8%€113,225within the sector's middle half▼ 10.7%€107,636below the sector's middle half▼ 4.9%€93,676below the sector's middle half▼ 13.0%€81,405below the sector's middle half▼ 13.1%
Total assets€167,403-€188,997▲ 12.9%€195,268below the sector's middle half▲ 3.3%€194,579below the sector's middle half▼ 0.4%€188,361below the sector's middle half▼ 3.2%€169,261below the sector's middle half▼ 10.1%€161,403below the sector's middle half▼ 4.6%€162,419below the sector's middle half▲ 0.6%
Debt€57,343-€69,676▲ 21.5%€71,895▲ 3.2%€67,725▼ 5.8%€75,136▲ 10.9%€61,624▼ 18.0%€67,728▲ 9.9%€81,014▲ 19.6%
Working capital€35,770-€50,049▲ 39.9%€55,592within the sector's middle half▲ 11.1%€59,073within the sector's middle half▲ 6.3%€29,173within the sector's middle half▼ 50.6%€35,612within the sector's middle half▲ 22.1%€21,652within the sector's middle half▼ 39.2%€9,381within the sector's middle half▼ 56.7%
Solvency65.7%-63.1%▼ 2.6pp63.2%above the sector's middle half=65.2%above the sector's middle half▲ 2.0pp60.1%within the sector's middle half▼ 5.1pp63.6%above the sector's middle half▲ 3.5pp58.0%within the sector's middle half▼ 5.6pp50.1%within the sector's middle half▼ 7.9pp
Current ratio2.02-2.13▲ 0.112.19within the sector's middle half▲ 0.072.39within the sector's middle half▲ 0.201.59within the sector's middle half▼ 0.811.86within the sector's middle half▲ 0.271.45within the sector's middle half▼ 0.401.15within the sector's middle half▼ 0.30
Return on assets (ROA)4.2%-4.9%▲ 0.7pp2.1%within the sector's middle half▼ 2.8pp1.8%within the sector's middle half▼ 0.3pp-7.2%below the sector's middle half▼ 9.0pp-3.3%below the sector's middle half▲ 3.9pp-8.6%below the sector's middle half▼ 5.3pp-7.6%below the sector's middle half▲ 1.1pp
above
within
below
the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162,419
Fixed assets
€92,024 =
Current assets
€70,395 ▲ 1.5%
Equity and liabilities €162,419
Equity
€81,405 ▼ 13.1%
Debt
€81,014 ▲ 19.6%
Debt's share of the balance-sheet total rises from 42.0% to 49.9%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
1.00▲
2024 · 0.72
ROE
-15.1%▼
2024 · -14.9%
Debt ≤ 1 year
€61,014▲
2024 · €47,728
Debt > 1 year
€20,000=
2024 · €20,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €13,207 | €21,485 | €19,864 | €13,199 | €6,645 | €258 | €0 | - | - |
| Non-recurring operating income76A | - | - | - | - | - | - | €80 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €7,779 | €20,646 | €3,933 | €5,894 | €10,641 | ▲ 80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €511 | €2,004 | €1,494 | - | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €5,753 | - | - |
| Other operating charges640/8 | - | - | - | €697 | €438 | €564 | €244 | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | - | €575 | - | - |
| Gross operating margin9900 | €9,280 | €13,095 | €8,579 | €5,589 | -€11,839 | -€3,675 | -€5,814 | -€10,641 | ▼ 83.0% |
| Operating profit (loss)9901 | €8,422 | €10,644 | €6,108 | €4,892 | -€12,278 | -€4,239 | -€12,385 | -€10,641 | ▲ 14.1% |
| Financial charges65/66B | - | - | - | €1,411 | €1,351 | €1,350 | €1,575 | €1,630 | ▲ 3.4% |
| Recurring financial charges65 | €1,358 | €1,383 | €2,056 | €1,411 | €1,351 | €1,350 | €1,575 | €1,630 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | €7,063 | €9,261 | €4,052 | €3,481 | -€13,629 | -€5,589 | -€13,961 | -€12,271 | ▲ 12.1% |
| Profit (loss) for the period9904 | €7,063 | €9,261 | €4,052 | €3,481 | -€13,629 | -€5,589 | -€13,961 | -€12,271 | ▲ 12.1% |
| Profit (loss) for the period to be appropriated9905 | €7,063 | €9,261 | €4,052 | €3,481 | -€13,629 | -€5,589 | -€13,961 | -€12,271 | ▲ 12.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €167,403 | €188,997 | €195,268 | €194,579 | €188,361 | €169,261 | €161,403 | €162,419 | ▲ 0.6% |
| Fixed assets21/28 | €96,621 | €94,617 | €93,124 | €93,124 | €109,396 | €92,024 | €92,024 | €92,024 | = |
| Tangible fixed assets22/27 | €3,498 | €1,494 | - | - | €0 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | - | €0 | €0 | - | - | - |
| Financial fixed assets28 | €93,124 | €93,124 | €93,124 | €93,124 | €109,396 | €92,024 | €92,024 | €92,024 | = |
| Current assets29/58 | €70,781 | €94,380 | €102,144 | €101,455 | €78,966 | €77,237 | €69,380 | €70,395 | ▲ 1.5% |
| Amounts receivable after more than one year29 | - | - | - | - | - | €26,361 | €26,361 | €26,361 | = |
| Trade receivables290 | - | - | - | - | - | €26,361 | €26,361 | €26,361 | = |
| Amounts receivable within one year40/41 | €67,439 | €91,364 | €100,624 | €100,401 | €78,738 | €50,783 | €42,977 | €43,985 | ▲ 2.3% |
| Trade receivables40 | - | - | - | €100,401 | €78,738 | €50,746 | €42,914 | €39,860 | ▼ 7.1% |
| Other amounts receivable41 | - | - | - | - | - | €36 | €63 | €4,124 | ▲ 6,446% |
| Cash at bank and in hand54/58 | €79 | €89 | €1,046 | €427 | €228 | €93 | €41 | €49 | ▲ 18.0% |
| Deferred charges and accrued income490/1 | - | - | - | €627 | - | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €167,403 | €188,997 | €195,268 | €194,579 | €188,361 | €169,261 | €161,403 | €162,419 | ▲ 0.6% |
| Equity10/15 | €110,060 | €119,321 | €123,373 | €126,854 | €113,225 | €107,636 | €93,676 | €81,405 | ▼ 13.1% |
| Contributions10/11 | €293,223 | €293,223 | €293,223 | €400,723 | €400,723 | €400,723 | €400,723 | €400,723 | = |
| Capital10 | - | - | - | €293,223 | €293,223 | €293,223 | €293,223 | €293,223 | = |
| Issued capital100 | - | - | - | €293,223 | €293,223 | €293,223 | €293,223 | €293,223 | = |
| Contributions outside capital11 | - | - | - | €107,500 | €107,500 | €107,500 | €107,500 | €107,500 | = |
| Share premium1100/10 | - | - | - | €107,500 | €107,500 | €107,500 | €107,500 | €107,500 | = |
| Reserves13 | €663 | €663 | €663 | €663 | €663 | €663 | €663 | €663 | = |
| Non-distributable reserves130/1 | - | - | - | €663 | €663 | €663 | €663 | €663 | = |
| Legal reserve130 | - | - | - | €663 | €663 | €663 | €663 | €663 | = |
| Profit (loss) carried forward14 | -€291,326 | -€282,065 | -€278,013 | -€274,532 | -€288,161 | -€293,750 | -€307,710 | -€319,981 | ▼ 4.0% |
| Amounts payable17/49 | €57,343 | €69,676 | €71,895 | €67,725 | €75,136 | €61,624 | €67,728 | €81,014 | ▲ 19.6% |
| Amounts payable after more than one year17 | €22,328 | €25,343 | €25,343 | €25,343 | €25,343 | €20,000 | €20,000 | €20,000 | = |
| Financial debts170/4 | - | - | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Other amounts payable178/9 | - | - | - | €5,343 | €5,343 | - | - | - | - |
| Amounts payable within one year42/48 | €35,011 | €44,331 | €46,551 | €42,381 | €49,793 | €41,624 | €47,728 | €61,014 | ▲ 27.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0 | - | - | - | - |
| Trade debts44 | €29,967 | €37,367 | €40,887 | €42,169 | €41,740 | €32,873 | €31,817 | €33,653 | ▲ 5.8% |
| Suppliers440/4 | - | - | - | €42,169 | €41,740 | €32,873 | €31,817 | €33,653 | ▲ 5.8% |
| Taxes, remuneration and social security45 | - | - | - | €212 | €6,212 | €5,972 | €4,807 | €5,417 | ▲ 12.7% |
| Taxes450/3 | - | - | - | €212 | €6,212 | €5,972 | €4,807 | €5,417 | ▲ 12.7% |
| Other amounts payable47/48 | - | - | - | - | €1,840 | €2,780 | €11,104 | €21,944 | ▲ 97.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,063 | €9,261 | €4,052 | €3,481 | -€13,629 | -€5,589 | -€13,961 | -€12,271 | ▲ 12.1% |
| + Depreciation and write-downs630 | €511 | €2,004 | €1,494 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €7,574 | €11,265 | €5,545 | €3,481 | -€13,629 | -€5,589 | -€13,961 | -€12,271 | ▲ 12.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€16,272 | €17,372 | €0 | €0 | - |
| Change in cash | - | €10 | €958 | -€619 | -€200 | -€135 | -€51 | €7 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 16-07-2026 | 2026-00300387 |
| 31-12-2024 | full format | 27-09-2025 | 2025-00519457 |
| 31-12-2023 | full format | 05-06-2024 | 2024-00113604 |
| 31-12-2022 | full format | 27-06-2023 | 2023-00170398 |
| 31-12-2021 | full format | 13-06-2022 | 2022-20064292 |
| 31-12-2020 | full format | 18-05-2021 | 2021-14400168 |
| 31-12-2019 | full format | 22-09-2020 | 2020-54600508 |
| 31-12-2018 | full format | 12-06-2019 | 2019-18600401 |
| 31-12-2017 | full format | 09-05-2018 | 2018-12400515 |
| 31-12-2016 | full format | 10-05-2017 | 2017-11600438 |
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Of the 1,408 active companies whose main activity is renting and leasing of cars and light motor vehicles (NACE 77110), figures are known for 731. 496 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.