Abi-Construct
ActiveSummary
Abi-Construct has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €275k and a net result of €102k. Equity is growing by ~5.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+9
Solvency49=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.06 in 2023; short-term debt: 48.5% and cash: 6.5% of total assets), and 75.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
14 d late
2022
39 d early
2021
31 d early
2020
16 d late
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€275k▲ 0.2%
2023 · €274k
2018: €200klowest in 7 years
2019: €210k▲ +5.4% vs 2018
2020: €264k▲ +25.3% vs 2019
2021: €273k▲ +3.5% vs 2020
2022: €273k▲ +0.2% vs 2021
2023: €274k▲ +0.3% vs 2022
2024: €275k▲ +0.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.14M▲ 0.4%
2023 · €1.13M
2018: €1.42Mhighest in 7 years
2019: €1.37M▼ -3.0% vs 2018
2020: €1.30M▼ -5.7% vs 2019
2021: €1.27M▼ -1.8% vs 2020
2022: €1.21M▼ -5.2% vs 2021
2023: €1.13M▼ -6.0% vs 2022lowest in 7 years
2024: €1.14M▲ +0.4% vs 2023
2018 → 2024
Net result
€102k▲ 330%
2023 · €24k
2018: €20k
2019: €11k▼ -47.8% vs 2018lowest in 7 years
2020: €53k▲ +399% vs 2019
2021: €93k▲ +75.0% vs 2020
2022: €91k▼ -2.9% vs 2021
2023: €24k▼ -73.7% vs 2022
2024: €102k▲ +330% vs 2023highest in 7 years
2018 → 2024
Working capital
€-478k▼ 7.1%
2023 · €-446k
2018: €-353k
2019: €-360k▼ -1.8% vs 2018
2020: €-283k▲ +21.4% vs 2019highest in 7 years
2021: €-387k▼ -36.9% vs 2020
2022: €-417k▼ -7.7% vs 2021
2023: €-446k▼ -7.1% vs 2022
2024: €-478k▼ -7.1% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€264k-€273k▲ 3.5%€273k▲ 0.2%€274k▲ 0.3%€275k▲ 0.2%
2020: €264klowest in 5 years
2021: €273k▲ +3.5% vs 2020
2022: €273k▲ +0.2% vs 2021
2023: €274k▲ +0.3% vs 2022
2024: €275k▲ +0.2% vs 2023highest in 5 years
Operating result€68k-€141k▲ 109%€129k▼ 8.5%€102k▼ 21.1%€126k▲ 23.9%
2020: €68klowest in 5 years
2021: €141k▲ +109% vs 2020highest in 5 years
2022: €129k▼ -8.5% vs 2021
2023: €102k▼ -21.1% vs 2022
2024: €126k▲ +23.9% vs 2023
Net result€53k-€93k▲ 75.0%€91k▼ 2.9%€24k▼ 73.7%€102k▲ 330%
2020: €53k
2021: €93k▲ +75.0% vs 2020
2022: €91k▼ -2.9% vs 2021
2023: €24k▼ -73.7% vs 2022lowest in 5 years
2024: €102k▲ +330% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 24% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.14M
Fixed assets
€1.06M ▼ 3.8%
Current assets
€75k ▲ 174%
Equity and liabilities €1.14M
Equity
€275k ▲ 0.2%
Debt
€865k ▲ 0.5%
Debt's share of the balance-sheet total rises from 75.8% to 75.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€168k▲
2023 · €146k
Cash flow
€145k▲
2023 · €68k
Current ratio
0.13▲
2023 · 0.06
Debt to equity
3.15▲
2023 · 3.14
ROE
37.3%▲
2023 · 8.7%
ROA
9.0%▲
2023 · 2.1%
Interest coverage
8.57▲
2023 · 7.22
Debt ≤ 1 year
€553k▲
2023 · €474k
Debt > 1 year
€312k▼
2023 · €387k
Income taxes
€4k▼
2023 · €58k
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 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.13M€1.14M▲
Fixed assets21/28€1.11M€1.06M▼
Tangible fixed assets22/27€1.11M€1.06M▼
Land and buildings22€1.10M€1.06M▼
Furniture and vehicles24€4k€2k▼
Current assets29/58€27k€75k▲
Cash at bank and in hand54/58€27k€75k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.14M▲
Equity10/15€274k€275k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Outside capital11-€19k
Other1109/19-€19k
Reserves13€63k€63k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€193k€193k▲
Amounts payable17/49€860k€865k▲
Amounts payable after more than one year17€387k€312k▼
Financial debts170/4€312k€237k▼
Other amounts payable178/9€75k€75k=
Amounts payable within one year42/48€474k€553k▲
Current portion of amounts payable after more than one year42€75k€75k=
Trade debts44€882€1k▲
Suppliers440/4€882€1k▲
Taxes, remuneration and social security45€69k€76k▲
Taxes450/3€23k€7k▼
Remuneration and social security454/9€46k€70k▲
Other amounts payable47/48€329k€401k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€43k▼
Other operating charges640/8€10k€10k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€156k€178k▲
Operating profit (loss)9901€102k€126k▲
Financial charges65/66B€20k€20k▼
Recurring financial charges65€20k€20k▼
Profit (loss) for the period before taxes9903€81k€106k▲
Income taxes67/77€58k€4k▼
Profit (loss) for the period9904€24k€102k▲
Profit (loss) for the period to be appropriated9905€24k€102k▲
Appropriation of the result
Profit (loss) to be appropriated9906€216k€295k▲
Profit (loss) brought forward from the previous period14P€192k€193k▲
Profit to be distributed694/7€23k€102k▲
Return on contributions (dividend)694€23k€0▼
Directors or managers695-€102k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57k | €53k | €44k | €44k | €43k | ▼ 3.9% |
| Other operating charges640/8 | - | - | - | €10k | €10k | ▼ 0.8% |
| Non-recurring operating charges66A | - | - | - | €0 | - | - |
| Gross operating margin9900 | €124k | €194k | €173k | €156k | €178k | ▲ 14.5% |
| Operating profit (loss)9901 | €68k | €141k | €129k | €102k | €126k | ▲ 23.9% |
| Financial income75/76B | - | €1 | - | - | - | - |
| Recurring financial income75 | €0 | €1 | - | - | - | - |
| Financial charges65/66B | - | €6k | €7k | €20k | €20k | ▼ 2.8% |
| Recurring financial charges65 | €13k | €6k | €7k | €20k | €20k | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | €55k | €135k | €122k | €81k | €106k | ▲ 30.5% |
| Income taxes67/77 | €1k | €41k | €31k | €58k | €4k | ▼ 93.3% |
| Profit (loss) for the period9904 | €53k | €93k | €91k | €24k | €102k | ▲ 330% |
| Profit (loss) for the period to be appropriated9905 | €53k | €93k | €91k | €24k | €102k | ▲ 330% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.30M | €1.27M | €1.21M | €1.13M | €1.14M | ▲ 0.4% |
| Fixed assets21/28 | €1.25M | €1.20M | €1.15M | €1.11M | €1.06M | ▼ 3.8% |
| Tangible fixed assets22/27 | €1.25M | €1.20M | €1.15M | €1.11M | €1.06M | ▼ 3.8% |
| Land and buildings22 | - | €1.19M | €1.14M | €1.10M | €1.06M | ▼ 3.7% |
| Furniture and vehicles24 | - | €11k | €7k | €4k | €2k | ▼ 50.0% |
| Current assets29/58 | €46k | €77k | €55k | €27k | €75k | ▲ 174% |
| Amounts receivable within one year40/41 | - | €7k | - | - | - | - |
| Trade receivables40 | - | €95 | - | - | - | - |
| Other amounts receivable41 | - | €7k | - | - | - | - |
| Cash at bank and in hand54/58 | €46k | €69k | €55k | €27k | €75k | ▲ 174% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.30M | €1.27M | €1.21M | €1.13M | €1.14M | ▲ 0.4% |
| Equity10/15 | €264k | €273k | €273k | €274k | €275k | ▲ 0.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | - | €19k | - | - |
| Issued capital100 | - | €19k | - | €19k | - | - |
| Outside capital11 | - | - | €19k | - | €19k | - |
| Other1109/19 | - | - | €19k | - | €19k | - |
| Reserves13 | €63k | €63k | €63k | €63k | €63k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | €2k | - | €2k | - | - |
| Reserves not available under the articles1311 | - | - | €2k | - | €2k | - |
| Distributable reserves133 | - | €61k | €61k | €61k | €61k | = |
| Profit (loss) carried forward14 | €182k | €191k | €192k | €193k | €193k | ▲ 0.2% |
| Amounts payable17/49 | €1.03M | €999k | €933k | €860k | €865k | ▲ 0.5% |
| Amounts payable after more than one year17 | €703k | €536k | €461k | €387k | €312k | ▼ 19.3% |
| Financial debts170/4 | - | €461k | €386k | €312k | €237k | ▼ 24.0% |
| Other amounts payable178/9 | - | €75k | €75k | €75k | €75k | = |
| Amounts payable within one year42/48 | €329k | €463k | €472k | €474k | €553k | ▲ 16.7% |
| Current portion of amounts payable after more than one year42 | - | €75k | €75k | €75k | €75k | = |
| Trade debts44 | €3k | - | €230 | €882 | €1k | ▲ 54.8% |
| Suppliers440/4 | - | - | €230 | €882 | €1k | ▲ 54.8% |
| Taxes, remuneration and social security45 | - | €64k | €96k | €69k | €76k | ▲ 10.4% |
| Taxes450/3 | - | - | €30k | €23k | €7k | ▼ 71.7% |
| Remuneration and social security454/9 | - | €64k | €66k | €46k | €70k | ▲ 51.6% |
| Other amounts payable47/48 | - | €324k | €301k | €329k | €401k | ▲ 21.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53k | €93k | €91k | €24k | €102k | ▲ 330% |
| + Depreciation and write-downs630 | €57k | €53k | €44k | €44k | €43k | ▼ 3.9% |
| Operating cash flow (approximation) | €110k | €146k | €135k | €68k | €145k | ▲ 113% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €23k | €-14k | €-28k | €47k | ▲ 269% |
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
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €102k ▲330%
Net result €102k, the highest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €11k ▼47.8%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €210k ▲5.4%
2 profitable years in a row build equity to €210k.
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Grimbergen · 1 establishment unit since 2011
Ground area
456 m²
Building footprint
140 m²
Volume, LiDAR
1,083 m³
Parcel 23036B0682/00L000, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Benedestraat 334, 1851 Grimbergen
since 20112.200.627.518
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23036B0682/00L000 | Flanders | 456 m² | 1 · 140 m² | 11.5 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded09-05-2011
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.