ABESCO CONTRACTS
ActiveSummary
ABESCO CONTRACTS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €229,276 and a net result of €8,229. Equity is growing by ~7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability43▼-31
Solvency50▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.41 in 2023; short-term debt: 75.4% and cash: 26.3% of total assets), and 75.4% 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
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Investigation and security activities (NACE 80)
about 5% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
24 d early
2023
21 d early
2022
1 d early
2021
4 d early
2020
2 d early
2019
2 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 13 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 42% 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
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#8 employer in Glabbeek
Equity
€229,276▲ 3.7%
2023 · €221,047
Total assets
€933,154▲ 25.0%
2023 · €746,490
Net result
€8,229▼ 73.1%
2023 · €30,563
Working capital
€207,796▼ 2.4%
2023 · €212,945
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€52,789▲ 224%€24,951▼ 52.7%€21,259▼ 14.8%€64,504▲ 203%€59,811▼ 7.3%
Net result€26,929within the sector's middle half▲ 1,158%€7,482within the sector's middle half▼ 72.2%€851within the sector's middle half▼ 88.6%€30,563within the sector's middle half▲ 3,492%€8,229within the sector's middle half▼ 73.1%
Equity€182,151within the sector's middle half▲ 17.3%€189,633within the sector's middle half▲ 4.1%€190,484within the sector's middle half▲ 0.4%€221,047within the sector's middle half▲ 16.0%€229,276within the sector's middle half▲ 3.7%
Total assets€569,714within the sector's middle half▲ 85.9%€287,849below the sector's middle half▼ 49.5%€468,067within the sector's middle half▲ 62.6%€746,490within the sector's middle half▲ 59.5%€933,154within the sector's middle half▲ 25.0%
Debt€387,564▲ 156%€98,216▼ 74.7%€277,584▲ 183%€525,444▲ 89.3%€703,878▲ 34.0%
Working capital€162,641within the sector's middle half▲ 28.2%€179,010within the sector's middle half▲ 10.1%€187,973within the sector's middle half▲ 5.0%€212,945within the sector's middle half▲ 13.3%€207,796within the sector's middle half▼ 2.4%
Solvency32.0%within the sector's middle half▼ 18.7pp65.9%above the sector's middle half▲ 33.9pp40.7%within the sector's middle half▼ 25.2pp29.6%within the sector's middle half▼ 11.1pp24.6%within the sector's middle half▼ 5.0pp
Current ratio1.42within the sector's middle half▼ 0.422.82within the sector's middle half▲ 1.401.68within the sector's middle half▼ 1.151.41within the sector's middle half▼ 0.271.30within the sector's middle half▼ 0.11
Return on assets (ROA)4.7%within the sector's middle half▲ 4.0pp2.6%within the sector's middle half▼ 2.1pp0.2%within the sector's middle half▼ 2.4pp4.1%within the sector's middle half▲ 3.9pp0.9%within the sector's middle half▼ 3.2pp
Staff (FTE)5.3within the sector's middle half▼ 3.6%5.5within the sector's middle half▲ 3.8%7.3within the sector's middle half▲ 32.7%10.6within the sector's middle half▲ 45.2%13.5within the sector's middle half▲ 27.4%
above
within
below
the middle half (P25 to P75) of NACE 80, Investigation and security activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €933,154
Fixed assets
€21,481 ▲ 165%
Current assets
€911,673 ▲ 23.5%
Equity and liabilities €933,154
Equity
€229,276 ▲ 3.7%
Debt
€703,878 ▲ 34.0%
Debt's share of the balance-sheet total rises from 70.4% to 75.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65,832▼
2023 · €68,452
Cash flow
€14,249▼
2023 · €34,511
Debt to equity
3.07▲
2023 · 2.38
ROE
3.6%▼
2023 · 13.8%
Interest coverage
2.81▼
2023 · 9.29
Debt ≤ 1 year
€703,878▲
2023 · €525,444
Income taxes
€30,891▲
2023 · €26,750
Staff costs
€1.4m▲
2023 · €707,682
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.0%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,681 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €768 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | - | €451,704 | €707,682 | €1.4m | ▲ 91.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,888 | €8,888 | €8,112 | €3,948 | €6,020 | ▲ 52.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €0 | - | - | - |
| Other operating charges640/8 | - | - | €337 | €524 | €1,348 | ▲ 157% |
| Gross operating margin9900 | €386,340 | €365,519 | €481,411 | €776,658 | €1.4m | ▲ 83.3% |
| Operating profit (loss)9901 | €52,789 | €24,951 | €21,259 | €64,504 | €59,811 | ▼ 7.3% |
| Financial income75/76B | - | - | €16 | €178 | €2,774 | ▲ 1,455% |
| Recurring financial income75 | €1 | €22 | €16 | €178 | €2,774 | ▲ 1,455% |
| Financial charges65/66B | - | - | €6,115 | €7,369 | €23,465 | ▲ 218% |
| Recurring financial charges65 | €5,231 | €4,733 | €6,115 | €7,369 | €23,465 | ▲ 218% |
| Profit (loss) for the period before taxes9903 | €47,559 | €20,240 | €15,159 | €57,314 | €39,120 | ▼ 31.7% |
| Income taxes67/77 | €20,630 | €12,758 | €14,308 | €26,750 | €30,891 | ▲ 15.5% |
| Profit (loss) for the period9904 | €26,929 | €7,482 | €851 | €30,563 | €8,229 | ▼ 73.1% |
| Profit (loss) for the period to be appropriated9905 | €26,929 | €7,482 | €851 | €30,563 | €8,229 | ▼ 73.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €569,714 | €287,849 | €468,067 | €746,490 | €933,154 | ▲ 25.0% |
| Fixed assets21/28 | €19,510 | €10,622 | €2,511 | €8,102 | €21,481 | ▲ 165% |
| Tangible fixed assets22/27 | €19,510 | €10,622 | €2,511 | €8,102 | €19,681 | ▲ 143% |
| Plant, machinery and equipment23 | - | - | €2,511 | €8,102 | €14,078 | ▲ 73.8% |
| Furniture and vehicles24 | - | - | - | - | €5,603 | - |
| Financial fixed assets28 | - | - | - | - | €1,800 | - |
| Current assets29/58 | €550,204 | €277,227 | €465,557 | €738,389 | €911,673 | ▲ 23.5% |
| Amounts receivable within one year40/41 | €464,070 | €97,433 | €287,547 | €370,588 | €659,345 | ▲ 77.9% |
| Trade receivables40 | - | - | €282,616 | €286,247 | €648,468 | ▲ 127% |
| Other amounts receivable41 | - | - | €4,931 | €84,341 | €10,877 | ▼ 87.1% |
| Cash at bank and in hand54/58 | €85,394 | €179,053 | €177,270 | €366,649 | €245,356 | ▼ 33.1% |
| Deferred charges and accrued income490/1 | - | - | €740 | €1,151 | €6,972 | ▲ 506% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €569,714 | €287,849 | €468,067 | €746,490 | €933,154 | ▲ 25.0% |
| Equity10/15 | €182,151 | €189,633 | €190,484 | €221,047 | €229,276 | ▲ 3.7% |
| Contributions10/11 | €0 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €163,551 | €171,033 | €171,884 | €202,447 | €210,676 | ▲ 4.1% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €170,024 | €200,587 | €210,676 | ▲ 5.0% |
| Amounts payable17/49 | €387,564 | €98,216 | €277,584 | €525,444 | €703,878 | ▲ 34.0% |
| Amounts payable within one year42/48 | €387,564 | €98,216 | €277,584 | €525,444 | €703,878 | ▲ 34.0% |
| Trade debts44 | €315,994 | €47,427 | €181,351 | €326,868 | €553,487 | ▲ 69.3% |
| Suppliers440/4 | - | - | €181,351 | €326,868 | €553,487 | ▲ 69.3% |
| Taxes, remuneration and social security45 | - | - | €78,724 | €130,216 | €116,128 | ▼ 10.8% |
| Taxes450/3 | - | - | €36,885 | €59,673 | €23,995 | ▼ 59.8% |
| Remuneration and social security454/9 | - | - | €41,839 | €70,543 | €92,133 | ▲ 30.6% |
| Other amounts payable47/48 | - | - | €17,509 | €68,359 | €34,263 | ▼ 49.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,929 | €7,482 | €851 | €30,563 | €8,229 | ▼ 73.1% |
| + Depreciation and write-downs630 | €8,888 | €8,888 | €8,112 | €3,948 | €6,020 | ▲ 52.5% |
| Operating cash flow (approximation) | €35,816 | €16,370 | €8,963 | €34,511 | €14,249 | ▼ 58.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€9,539 | -€19,399 | ▼ 103% |
| Change in cash | - | €93,659 | -€1,784 | €189,380 | -€121,293 | ▼ 164% |
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
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Highest result since 2019net €30,563 ▲3,492%
Operating result €64,504, net result €30,563, both a record.
30-06
Financial
Equity above €200,000Eq €221,047 ▲16%
5 profitable years in a row build equity to €221,047.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €851 ▼88.6%
Net result drops to €851, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Glabbeek · 1 establishment unit since 2001
Ground area
3,168 m²
Building footprint
154 m²
Volume, LiDAR
896 m³
Parcel 24018E0155/00H004, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tiensesteenweg 79, 3380 Glabbeek
since 20012.093.286.031
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24018E0155/00H004 | Flanders | 3,168 m² | 1 · 154 m² | 11.3 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
Owners and holdings
1 ownerChain of control
- ABESCO
- ABESCO CONTRACTS
Highest known parent: ABESCO. The sources do not say who stands above it.
Owners 1
- ABESCOparentSourceaccounts ABESCO 202499.87%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 12,129 EUR awarded · 12,667 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 710 EUR | 710 EUR |
| 2024 | 2 | 4,976 EUR | 4,976 EUR |
| 2023 | 2 | 3,387 EUR | 3,925 EUR |
| 2022 | 2 | 3,056 EUR | 3,056 EUR |
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Of 700 companies in sector 80010 we hold annual accounts for 349. 244 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
80010Investigation and private security services
64210Activities of holding companies
82100Office administrative and support services
Contact
Website
www.abesco.beGlabbeek
E-mail
info@abesco.beGlabbeek
Phone
016781920Glabbeek
Fax
016781921Glabbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475076405
Also
9925:BE0475076405
Registered
06-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.