ABGA Construct
Overview
Lifetime
4 annual accounts with figures on one time axisKey points
from the 2024 annual accountsPayment terms
ABGA Construct pays its suppliers 114 days later than in 2023. Customers pay 24 days earlier.
Filings
2025 accounts not filed: deadline was 31-07-2026.
Checked score
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthStrong
Score breakdown
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 41, micro). It does better than 23% of them on solvency, 57% on liquidity, 91% on profitability and 83% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 6,713 companies had the same profile as ABGA Construct has now. Each dot stands for 17 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ABGA Construct itself is higher: 6.4% within 12 months. It rests on far more data about ABGA Construct than the profile alone.
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 6,713 companies, not a prediction for ABGA Construct. 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
Liquidity is tight, with a current ratio of 1.19 (0.79 in 2023), below the usual 1.5. Short-term debt is 84.4% and cash 61% of total assets. 84.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 541 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Recent changes
Comparable companies
same main activity, similar in size and ageGrey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ABGA Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €48,600 and €65,100, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 14-12-2020Normal situation
- Registered office
- 956 active companies are registered at this address95 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.324.234.9151000 Brussels, since 14-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 25-02-2026
Annual accounts 2024
- €209,088▲ 29.7%
- €16,616
- €8,366
- €53,511▲ 72.7%
- Filing
- Filed on 12-06-2026
Insights on ABGA Construct
ABGA Construct files the micro format. That format states no turnover. The gross margin rose from €36,886 in 2021 to €37,041 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 12-06-2026, 316 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 9 November 2026.
Money flows
of every €100 of turnover, €7.95 remains as profit in 2024Balance sheet
balance sheet total €53,511 on 31-12-2024in euro
in euro
Position in the sector
15.6%
Higher than 23% of 9,833 companies in 2024.
1.19
Higher than 31% of 9,553 companies in 2024.
31.1%
Higher than 85% of 9,646 companies in 2024.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
53,511 | 30,988 | 49,470 | 89,705 | |
29/58 |
53,511 | 30,988 | 49,470 | 89,705 | |
40/41 |
13,391 | 20,324 | 27,688 | 59,545 | |
40 |
4,845 | 14,029 | 18,804 | 56,406 | |
41 |
8,546 | 6,295 | 8,884 | 3,139 | |
54/58 |
32,620 | 9,248 | 21,782 | 30,160 | |
490/1 |
7,500 | 1,416 | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
53,511 | 30,988 | 49,470 | 89,705 | |
10/15 |
8,366 | -8,250 | 20,819 | 13,864 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
14 |
6,366 | -10,250 | 18,819 | 11,864 | |
17/49 |
45,145 | 39,238 | 28,651 | 75,841 | |
42/48 |
45,145 | 39,238 | 28,651 | 30,861 | |
44 |
19,422 | 11,037 | - | 15,941 | |
440/4 |
19,422 | 11,037 | - | 15,941 | |
45 |
24,923 | 27,401 | 27,851 | 14,120 | |
450/3 |
4,634 | - | 364 | 7,152 | |
454/9 |
20,289 | 27,401 | 27,487 | 6,968 | |
47/48 |
800 | 800 | 800 | 800 | |
492/3 |
- | - | - | 44,980 | |
| Income statement | |||||
70 |
209,088 | 161,224 | 232,334 | - | |
9900 |
37,041 | -9,456 | 44,007 | 36,886 | |
60/61 |
51,300 | 170,680 | 199,319 | - | |
62 |
- | 14,560 | 34,743 | 15,835 | |
640/8 |
16,271 | 6,014 | 1,100 | 2,607 | |
9901 |
20,770 | -30,030 | 8,164 | 18,444 | |
75/76B |
- | - | 12 | 38 | |
75 |
- | - | 12 | 38 | |
65/66B |
154 | 239 | - | 47 | |
65 |
154 | 239 | - | 47 | |
9903 |
20,616 | -30,269 | 8,176 | 18,435 | |
67/77 |
4,000 | -1,200 | 1,221 | 5,771 | |
9904 |
16,616 | -29,069 | 6,955 | 12,664 | |
9905 |
16,616 | -29,069 | 6,955 | 12,664 | |
| Appropriation of the result | |||||
9906 |
6,366 | -10,250 | 18,819 | 12,664 | |
14P |
-10,250 | 18,819 | 11,864 | - | |
694/7 |
- | - | - | 800 | |
694 |
- | - | - | 800 | |
| Document | |||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2024 at the NBB, filed on 12-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| 23,372 | -12,534 | -8,378 | - | ||
| 8,366 | -8,250 | 20,819 | 58,844 | ||
| 9.9% | -18.6% | 3.5% | - | ||
| 15.6% | -26.6% | 42.1% | 15.5% | ||
| 1.19 | 0.79 | 1.73 | 2.91 | ||
| 5.40 | - | 1.38 | 5.47 | ||
| 198.6% | - | 33.4% | 91.3% | ||
| 31.1% | -93.8% | 14.1% | 14.1% | ||
| 8 days | 32 days | 30 days | - | ||
| 138 days | 24 days | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on ABGA Construct
The operating result for 2024 is a profit of €20,770, after a loss of €30,030 in 2023. It is the highest result since 2021.
Debt's share of the balance-sheet total is 84.4%.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 16-12-2020
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Mandates as a list
- ABGAR Ibrahim
- Director (not named in the articles), appointed by deed of 16-12-2020, still in office
Control
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- €83.66 in 2024
- Source
- deed of 16-12-2020
Articles of association
deed of 16-12-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Shareholders
- ABGAR Ibrahim 100 shares (100%) · in cash
Network & group
No group
ABGA Construct has no parent and no holdings in its annual accounts. ABGAR Ibrahim is the only director. ABGA Construct shares no director with another company.
At the same address
Steenweg op Mechelen 455, 1950 Kraainem · 955 other companies| EFFICY
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74 FTE (2025) 0875.895.449 |
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| Efficy HoldCo
registered office since 16-10-2025 · founded in 2025 · group EFFICY |
total assets €124.5m (2025) 1029.273.829 |
| INFORMEX
registered office since 31-01-1983 · founded in 1983 |
12 FTE (2025) 0423.709.559 |
| NOVASOL
registered office since 13-06-1997 · founded in 1997 · group EGREGORA · accounts filed late |
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| Verzekeringskantoor Van Dessel
establishment since 01-04-2018 · founded in 1991 |
164 FTE (2025) 0446.433.491 |
| VERISURE SECURITY
establishment since 15-11-2021 · founded in 2005 · group Verisure Midholding AB |
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| Efficy Finco
registered office since 23-07-2025 · founded in 2025 · negative equity (2025) · group EFFICY |
total assets €30.0m (2025) 1025.813.503 |
| CENTER FOR CREATIVE LEADERSHIP
establishment since 27-07-1990 · founded in 1990 |
80 FTE (2019) 0544.219.785 |
| PerkinElmer (Belgium)
registered office since 18-10-2022 · founded in 2022 · accounts filed late |
32 FTE (2024) 0792.588.483 |
Timeline
Timeline
10 events since 2020
Registered office clause: Steenweg op Mechelen 455 bus 1-1950 KraainemGeneral meeting of 20-08-20232 points ▸
- General meeting, 20-08-2023
- Registered office clause, Steenweg op Mechelen 455 bus 1-1950 Kraainem
IncorporationFounding capital of €2,000, 100 shares · Founder: ABGAR Ibrahim (comparant) · Appointment: ABGAR Ibrahim (director) · published on 16-12-20204 points ▸
- Board rule, 1
- Director appointment, ABGAR Ibrahim (director (not named in the articles))
- Founder, ABGAR Ibrahim (comparant)
- Founding capital, €2,000, 100 shares
- The deed holds 4 more points.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 14 December 2020, ABGA Construct was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 ABGAR Ibrahim is director of the company, appointed by deed of 16-12-2020.2 Turnover went from €232,334 in 2022 to €209,088 in 2024.3
Company details
Identity
- Enterprise number
- 0759.741.315
- VAT number
- BE 0759.741.315
- Peppol ID
- 0208:0759741315
- Other Peppol ID
- 9925:BE0759741315
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-12-2020
- Financial year
- ends on 31 December
- Peppol
- Reachable since 25-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ABGA Construct in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-12-2020 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- ABGA Constructdeed of 16-12-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 16-12-2020 (in Dutch)
Activities
NACEBEL 2025Codes under NACEBEL 2008
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle bouwondernemingsactiviteiten in de breedste zin van het woord,het optrekken van de ruwbouw,de algemene…”deed of 16-12-2020 (in Dutch)
27 activities
- Alle bouwondernemingsactiviteiten in de breedste zin van het woord,het optrekken van de ruwbouw,de algemene bouwonderneming,bekisting,betonwapening;de coördinatie van onderaannemers,de afbraak-,vlak- en afgravingwerken,alle metsel-,voeging- en waterdichtheidwerken;alle asfalteringwerken;de montage van daken en het onderhoud ervan;het plaatsen van dakbedekking van ongeacht welk materiaal en van dakgoten en regenafvoerbuizen;alle geraamtewerken (hout- en stalconstructies,of andere);akoestische en thermische isolatie;de bekleding van wanden,vloeren,plafonds,gevels;al dan niet industriële schilderwerken;betegelen- en mozaïekwerken;deklaag- en stucwerken;de montage van buiten- en binnenschrijnwerk van hout
- En kunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort;de installatie van al dan niet verplaatsbare tussenwanden en de installatie van garagepoorten,luiken,zonneblinden,tralieverk,hekken,enzovoort in hout of kunststof;de natuursteen- en marmerbewerking;alle vernieuwingswerken,schoonmaakwerken;het schoorsteenvegen;het plaatsen van stellingen,ijzerwaren,smeedwerk,alle metaalwerken;alle werken van glazenmakervak,het plaatsen van ruiten,spiegels,glas-in-loodramen,het vervaardigen van doorzichtige wanden;alle sanitair- en loodgieterijwerken;de installatie van elektrische bedrading en toebehoren,van de installatie van bewakingssystemen en alarminstallaties tegen diefstal;
- Garneren van meubilair;de kleinhandel,de invoer en de uitvoer van constructiematerialen;alle hydraulische werken,maritieme of rivierwerken,constructie of herstelling van sluizen,stuwdammen,dijken,kanalen en kunstwerken,doorleggings- afwatering- en pompenwerken,irrigatie- en uitbaggeringwerken,créatie en onderhoud van vijvers,rivieren en beekjes;het aanleggen van wegen,fietspaden,enzovoort;
- Het schoonmaken en het onderhoud van onroerende goederen,het schoonmaken van vensters en van bureaus,kleine bureauwerkjes,interimdiensten,onderaanneming.Het aanbieden van thuishulp van huishoudelijke aard in het kader van dienstencheques:schoonmaak van de woning met inbegrip van de ramen;wassen en strijken;occasionele kleine naaiwerken;bereiden van maaltijden;strijken in een lokaal van de onderneming alsook activiteiten verricht buiten het huis van de gebruiker zoals onder andere boodschappendienst,mindermobielencentra voor bejaarden en strijkateliers.
- Alle activiteiten die rechtstreeks of onrechtstreeks betrekking hebben op de restauratie in het algemeen en de Horeca sector,de organisatie van banketten en recepties,de catering,met inbegrip van de organisatie,het beheer en de uitbating van restaurants,bars,cafetaria’s,drankgelegenheid,alsmede alle verrichtingen van toerisme,hotelwezen,ontspanning en vrije tijd met inbegrip van de aankoop in groothandel en kleinhandel,de invoer en uitvoer van alle producten die rechtstreeks of onrechtstreeks op deze activiteiten betrekking hebben;
- Leveren van elke dienst of prestatie ten voordele van private of commerciële klanten;
- Nationale en internationale personen- en koopwarentransport,express courrier;
- De ontwikkeling en commercialisering van informatica-,toepassings- en uitvoeringsprogramma’s,handleidingen,en onderhoudspakketten voor de bovengenoemde producten;aankoop,verkoop,huur,verhuur van alle elektronische,elektrische en informaticamaterialen,en in het algemeen alle materiaal die rechtstreeks of onrechtstreeks nuttig kan zijn voor het voorwerp van de vennootschap,langs om het even welke weg,zoals internet,handel et cetera;aankoop en verkoop van software en totaal oplossingen;levering van opleiding,studies en andere adviezen aan iedereen in het domein van informatica in de breedste zin van het woord,zoals telefonie,veiligheid,servers,et cetera;
- Rondtrekkende handel;
- Bouwmateriaal,elektrische en elektronisch materiaal,sanitaire installaties en loodgieterij,industriële machines;
- Voedingsproducten zoals fruit,groenten,ingeblikte voedingswaren,melkproducten,zeevruchten,vissen,vleesproducten,huishoudartikelen en geschenken;
- Textiel in het algemeen,diverse kledingstukken,schoenen,schoenmakerij,slotenmakerij,lederwaren in de ruimste zin van het woord;
- Artisanale producten in het algemeen,wandtapijten,antiquiteiten,brocante,decoratievoorwerpen en alle meubels;
- Alle mogelijke artikelen van parfumerie,toilet,cosmetica,schoonheidsproducten,maquillage evenals zeep en detergenten;
- Alle tuinbouwartikelen zoals bloemen,planten,tuingerief,inrichting en onderhoud van tuinen en boomkwekerij;
- Juwelen en edelsmeedkunst;
- Alle huishoudartikelen,audio,video,elektronica,telecommunicatie,boeken en tijdschriften,kantoor- en computerapparatuur;
- Algemene levensmiddelenhandel in de bredere zin van het woord,telefooncellen,night-shop;
- Aan- en verkoop,invoer,uitvoer,verdeling en levering van alle voertuigen,motoren en wisselstukken die nuttig zijn voor het gebruik van voertuigen,alsook alle producten van de machine-,metaal- of houtindustrie die ermee verband houden;klein- of groothandel van motorvoertuigen,met inbegrip van tweedehands voertuigen,wissel- en hulpstukken van motorvoertuigen,brandstoffen en smeermiddelen,industriële oliën en vetproducten;uitbating van opslagplaats en herstellingswerkplaatsen voor motorvoertuigen en koetswerken;pechverhelpingsdiensten;verhuring van motorvoertuigen;Car-Wash,pompstations (elke brandstof zoals mazout,diesel,gas,…)
- Confectiewerkplaatsen en verkoop van traditionele en artisanale kledingstukken;
- Werkplaatsen voor vervaardiging van bakkerij- en banketbakkerijproducten,en tevens van voeding en niet-voedingswaren;
- Van een kleinhandel in,de aan- en verkoop en de in- en uitvoer van dag- en weekbladen,tijdschriften,publicaties,magazines,boeken,papier- en schrijfwaren,school- en kantoorbenodigdheden,pronostiekmaatschappij en verkoop van tombola- en loterijbiljetten;Optreden als depothouder voor Lotto,Nationale Loterij en andere kansspelen,speelgoed,allerlei fantasieartikelen,tabak,sigaren,sigaretten en alle rookwarenartikelen of–benodigdheden,suikergoed,voorverpakte eetwaren,frisdranken,alcoholische dranken;
- Een slagerij,onder andere,het houden van runderen,schapen en kleine hoevedieren,de aan- en verkoop,invoer,uitvoer,de groothandel en kleinhandel,de opslag,de distributie,het produceren,de verwerking en de promotie van alle producten in verband met vlees en vleeswaren en alle andere voedingswaren in de ruimste zin van het woord.
- Een kapsalon met aanverwante diensten en bewerkingen die met het kappersberoep betrekking hebben,alsook het samenstellen,aanpassen en verkopen van producten en artikelen die direct of indirect betrekking hebben op het beroep,zoals onder meer de detailhandel in haar- en schoonheidsproducten.De vennootschap kan tevens de algemene schoonheidsverzorging beoefenen zoals manicure,pedicure,massage,gelaatsverzorging,de uitbating van zonnebanken of aanverwante toestellen zonder dat deze lijst beperkt kan worden geïnterpreteerd.
- De vervoer van goederen en personen,de verhuring van alle motorvoertuigen hierna namelijk begrepen,toerismewagens,minibussen,utilitaire wagens en (lichte) vrachtwagens,limousines en ceremoniewagens,met of zonder bestuurder,de uitbating van een taxibedrijf,personen vervoer en luchthavenvervoer in binnen- en buitenland,de uitbating van een onderneming voor het verhuren van personenwagens en (lichte vrachtwagens),de verhuur op korte termijn van personenauto’s zonder chauffeur,het ter beschikking stellen van chauffeurs zonder voertuigen aan derden;
- Alleen
- Participatie met derden
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Steenweg op Mechelen 455 registered office 1950 Kraainem | ||
| Kuregemsestraat 45 1000 Brussels | 14-12-2020 | 2.324.234.915 |
Buildings and parcels at the addresses
- Ground area
- 1.1 ha
- Buildings
- 958 m²
- Volume, LiDAR
- 35,303 m³
- Tallest building
- 42.8 m
Parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 |
| 21810L2434/00F002 | Brussels | 115 m² | 1 · 93 m² | 16.9 m · 5 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0759.741.315