ABGAR
ActiveSummary
The computed 12-month bankruptcy probability of ABGAR is 2.3% (moderate). The 2024 annual accounts show equity of €38k and a net result of €33k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 93% of 18941 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 5.76 against 2.04 in 2023; short-term debt: 16.1% and cash: 86.4% of total assets), and 16.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-02-2026, 187 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
187 d late
2023
29 d late
2022
23 d late
2021
30 d late
2020
27 d late
2019
35 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€153k
EBIT margin
22.0%
Net result
€33k
2023 · €-21k
2018: €8k
2019: €-7k
2020: €10k
2021: €7k
2022: €1k
2023: €-21k
2018 → 2024
Working capital
€35k▲ 2,554%
2023 · €1k
2018: €9k
2019: €2k
2020: €13k
2021: €20k
2022: €22k
2023: €1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€153k
Equity€18k-€25k▲ 38.1%€26k▲ 5.1%€5k▼ 80.5%€38k▲ 653%
Operating result€11k-€7k▼ 33.4%€2k▼ 77.5%€-25k€34k
Net result€10k-€7k▼ 34.4%€1k▼ 81.7%€-21k€33k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €34k after a loss of €25k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €45k
Fixed assets
€3k ▼ 10.0%
Current assets
€42k ▲ 1,536%
Equity and liabilities €45k
Equity
€38k ▲ 653%
Debt
€7k ▲ 479%
Debt's share of the balance-sheet total falls from 19.9% to 16.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €-25k
Cash flow
€33k▲
2023 · €-20k
Current ratio
5.76▲
2023 · 2.04
Quick ratio
5.56▲
2023 · 1.08
Debt to equity
0.19▼
2023 · 0.25
ROE
86.7%▲
2023 · -412.0%
ROA
72.8%▲
2023 · -329.9%
Interest coverage
40.01▲
2023 · -66.74
Debt ≤ 1 year
€7k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6k€45k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€2k€1k▼
Land and buildings22€2k€1k▼
Financial fixed assets28€2k€2k=
Current assets29/58€3k€42k▲
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€675€647▼
Other amounts receivable41€675€647▼
Cash at bank and in hand54/58€681€39k▲
Deferred charges and accrued income490/1-€675
Equity and liabilities
Total equity and liabilities10/49€6k€45k▲
Equity10/15€5k€38k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130-€2k
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€-15k€18k▲
Amounts payable17/49€1k€7k▲
Amounts payable within one year42/48€1k€7k▲
Trade debts44€657€753▲
Suppliers440/4€657€753▲
Taxes, remuneration and social security45€600€7k▲
Taxes450/3€600€7k▲
Income statement
Code20232024
Turnover70-€153k
Non-recurring operating income76A-€3k
Goods, raw materials, services and sundry goods60/61-€120k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€375€375=
Other operating charges640/8-€2k
Gross operating margin9900€-25k€36k▲
Operating profit (loss)9901€-25k€34k▲
Financial income75/76B€5k-
Recurring financial income75€5k-
Financial charges65/66B€369€854▲
Recurring financial charges65€369€854▲
Profit (loss) for the period before taxes9903€-21k€33k▲
Profit (loss) for the period9904€-21k€33k▲
Profit (loss) for the period to be appropriated9905€-21k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€18k▲
Profit (loss) brought forward from the previous period14P€5k€-15k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 187 days late
2024
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.76
Current ratio from 2.04 to 5.76.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-21k ▼1772%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity times 11current ratio 19.33
Current ratio from 1.72 to 19.33; short-term debt falls from €3k to €706.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 35 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
Show earlier events
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
12-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 12 days late
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuvensesteenweg 3681000 BrusselGround area
134 m²
Building footprint
128 m²
Volume, LiDAR
1,437 m³
Parcel 21806F0029/00L002, Brussels · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA CLE DE BRUXELLES
since 20022.114.207.842
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0029/00L002 | Brussels | 134 m² | 1 · 128 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.114.207.842
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,102 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.