ABG CONSTRUCT
InactiveABG CONSTRUCT was declared bankrupt on 29-10-2021 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 09-09-2024, published in the Belgian State Gazette on 16-09-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-09-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
30-09-2021 close30-04-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2020 was due by 30-04-2021 and was filed on 26-05-2021, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
26 d late
2019
418 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 222 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
€69,733▲ 15.7%
2019 · €60,271
Total assets
€153,957▲ 18.3%
2019 · €130,161
Net result
€9,461▼ 61.9%
2019 · €24,828
Working capital
€52,621▲ 28.8%
2019 · €40,845
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€8,781-€31,100▲ 254%€9,805▼ 68.5%
Net result€5,755-€24,828▲ 331%€9,461▼ 61.9%
Equity€35,443-€60,271▲ 70.1%€69,733▲ 15.7%
Total assets€137,995-€130,161▼ 5.7%€153,957▲ 18.3%
Debt€102,552-€69,890▼ 31.8%€84,224▲ 20.5%
Working capital€15,873-€40,845▲ 157%€52,621▲ 28.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 68% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €153,957
Fixed assets
€17,112 ▼ 11.9%
Current assets
€136,845 ▲ 23.6%
Equity and liabilities €153,957
Equity
€69,733 ▲ 15.7%
Debt
€84,224 ▲ 20.5%
Debt's share of the balance-sheet total rises from 53.7% to 54.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,620▼
2019 · €46,193
Cash flow
€16,276▼
2019 · €39,921
Current ratio
1.62▲
2019 · 1.58
Quick ratio
1.61▲
2019 · 1.57
ROE
13.6%▼
2019 · 41.2%
ROA
6.1%▼
2019 · 19.1%
Debt ≤ 1 year
€84,224▲
2019 · €69,890
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,446 | €15,093 | €6,815 | ▼ 54.8% |
| Gross operating margin9900 | €44,832 | €47,972 | €17,154 | ▼ 64.2% |
| Operating profit (loss)9901 | €8,781 | €31,100 | €9,805 | ▼ 68.5% |
| Recurring financial income75 | €49 | €14 | €31 | ▲ 127% |
| Recurring financial charges65 | €1,886 | €285 | €375 | ▲ 31.3% |
| Profit (loss) for the period before taxes9903 | €6,944 | €30,828 | €9,461 | ▼ 69.3% |
| Income taxes67/77 | €1,189 | €6,000 | - | - |
| Profit (loss) for the period9904 | €5,755 | €24,828 | €9,461 | ▼ 61.9% |
| Profit (loss) for the period to be appropriated9905 | €5,755 | €24,828 | €9,461 | ▼ 61.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €137,995 | €130,161 | €153,957 | ▲ 18.3% |
| Fixed assets21/28 | €19,570 | €19,427 | €17,112 | ▼ 11.9% |
| Tangible fixed assets22/27 | €19,570 | €19,427 | €17,112 | ▼ 11.9% |
| Current assets29/58 | €118,425 | €110,734 | €136,845 | ▲ 23.6% |
| Stocks and contracts in progress3 | €1,307 | €1,307 | €1,307 | = |
| Amounts receivable within one year40/41 | €96,567 | €87,409 | €112,190 | ▲ 28.4% |
| Cash at bank and in hand54/58 | €20,551 | €22,018 | €23,348 | ▲ 6.0% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €137,995 | €130,161 | €153,957 | ▲ 18.3% |
| Equity10/15 | €35,443 | €60,271 | €69,733 | ▲ 15.7% |
| Contributions10/11 | €6,200 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €27,383 | €52,211 | €61,673 | ▲ 18.1% |
| Amounts payable17/49 | €102,552 | €69,890 | €84,224 | ▲ 20.5% |
| Amounts payable within one year42/48 | €102,552 | €69,890 | €84,224 | ▲ 20.5% |
| Trade debts44 | €95,799 | €63,890 | €76,624 | ▲ 19.9% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,755 | €24,828 | €9,461 | ▼ 61.9% |
| + Depreciation and write-downs630 | €32,446 | €15,093 | €6,815 | ▼ 54.8% |
| Operating cash flow (approximation) | €38,201 | €39,921 | €16,276 | ▼ 59.2% |
| Investment in fixed assets (approximation) | - | -€14,950 | -€4,500 | ▲ 69.9% |
| Change in cash | - | €1,467 | €1,330 | ▼ 9.3% |
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
2024
16-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 09-09-2024
2021
05-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 29-10-2021
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 418 days late
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2019
30-09
Financial
Highest result since 2018net €24,828 ▲331%
Operating result €31,100, net result €24,828, both a record.
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 46 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 260 days late
2016
07-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 38 days late
2015
01-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
27-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE VAN DER HEYDEN NEETWEG 24, 2220 HEIST-
OP-DEN-BERG |
29-10-2021 → 09-09-2024 |