Debts
€1.6m ▲ 149%
Debts rose by €951,614 in 2025.
ABETECH
Lifetime
19 annual accounts with figures on one time axis, 35 filings since 1991peak €519,473 (2015)
€204,193▼ 60.5%
lowest -€6,518 (2025)
-€6,518▼ €13,015
peak €764,061 (2024)
€757,543▼ 0.9%
€1.6m▲ 149%
peak 10.5 FTE (2007)
-not published
Board8 names since 2020
3 directorsSvetlana Kim and 2 others
Owners
7%F & C
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Turnover from €162,313 to €186,153Gross margin from €517,106 to €204,193Loss of €6,518Debts from €638,019 to €1.6mInvestments €664,214Cash from €98,824 to €27,774
Key points
from the 2025 annual accountsStaff
3 FTE from 10.5 in 2007
Between 2007 and 2025, 71% of the full-time equivalents disappeared.
Payment terms
1,232 days to suppliers
ABETECH pays its suppliers 634 days later than in 2024. Customers pay 183 days later.
2025 accounts filed 31 days after the deadline
Checked score
90
Excellent
Financially stronger than 51% of small companies in non-metallic mineral products (NACE 23)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 233 companies (NACE 23, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Liquidity: current ratio 1.70, cash €27,774, halved
lowers risk
Size: turnover €186,153, total assets €2.4m
Founded in 1990
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, small). It does better than 35% of them on solvency, 32% on liquidity, 78% on profitability and 59% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as ABETECH has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ABETECH itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for ABETECH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (3.49 in 2024), above the usual 1.5. Short-term debt is 32.6% and cash 1.2% of total assets. However, 68.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
20 days late
2022
16 days late
2021
10 days late
2020
52 days early
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days after the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440623389
Reappointments: PAN Vyatcheslav (director) and KIM Svetlana (director)
General meeting of 28-06-2024 · Gazette deed
Appointments: Vyatcheslav Pan (managing director) and Svetlana Kim (director)
Gazette deed
2 directors resigning
Change of role: Bernard FLAMME, from director to sole director · Resignations: Christian DEPREZ and Bernard LOMMEL · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ABETECH Charleroi | €0.2m | 7.6% | 31.4% | - |
| ABETECH ABRASIFS Charleroi | €2.1m | 3.6% | 41.9% | 2.4 |
| GEOGRIND La Louvière | - | - | 29.7% | - |
| J&T Aalst | - | - | 38.3% | 5.8 |
| HATO Court-Saint-Etienne | €1.3m | 28.4% | 78.7% | - |
| TYROLIT Merchtem | - | - | 24.1% | 23 |
| EP Power Grit Dessel | €10.9m | -0.9% | 74.0% | 13 |
Grey: the largest companies of the sector (non-metallic mineral products (NACE 23)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ABETECH: manufacture of other non-metallic mineral products (NACE 23910). They are comparable in size and age: total assets between €521,000 and €5.1m, founded between 1929 and 2019.
Official details
Source: KBO- Status
- Active since 05-06-1990Normal situation
- Activity
- Manufacture of other non-metallic mineral productsNACE 23910
- Joint committees
- 113Ceramics industry
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.048.533.9916030 Charleroi, since 12-06-1990
- 2.048.534.0906030 Charleroi, since 15-10-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Insights on ABETECH
ABETECH files the abbreviated format. That format states no turnover. The gross margin fell from €464,661 in 2007 to €204,193 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ABETECH
- What is the company number of ABETECH?
- The company number of ABETECH is 0440.623.389. The VAT number is the same number with BE in front: BE 0440.623.389.
- Where is ABETECH based?
- The registered office is at Rue de Mons 40, 6030 Charleroi.Company details
- What does ABETECH do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23910).
- What is the legal form of ABETECH?
- ABETECH is a public limited company (NV).
- When was ABETECH founded?
- ABETECH was founded on 05-06-1990.
- Is ABETECH still active?
- Yes, ABETECH is an active enterprise in the KBO register.
- How many employees does ABETECH have?
- ABETECH had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ABETECH fall under?
- In its 2025 annual accounts, ABETECH states joint committees 113 (Ceramics industry) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ABETECH?
- The turnover of ABETECH was €186,153 in financial year 2025, according to the filed annual accounts.
- Is ABETECH profitable?
- In financial year 2025, ABETECH made a loss of €6,518.
- Where can I find the annual accounts of ABETECH?
- ABETECH filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ABETECH due?
- ABETECH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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