ABILITY
ActiveSummary
ABILITY has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286,043 and a net result of €254. Equity remains stable across the filed fiscal years (±1.7% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▲+42
Solvency60=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.01 against 0.0 in 2024; short-term debt: 60.4% and cash: 0% of total assets), and 65.4% of the assets are financed with debt.
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Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.6%
Return on assets
0%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-01-2026, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
6 d early
2024
2 d early
2023
on the day
2022
11 d early
2021
on the day
2020
267 d late
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 33 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 29 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€286,043▲ 0.1%
2024 · €285,789
Total assets
€826,607=
2024 · €826,667
Net result
€254
2024 · -€8,802
Working capital
-€493,725▼ 0.9%
2024 · -€489,312
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
Line20212022202320242025
Operating result-€8,499€2,301€403▼ 82.5%-€8,030€1,620
Net result-€12,838▲ 31.8%€369-€1,359-€8,802▼ 548%€254
Equity€295,580▼ 4.2%€295,950▲ 0.1%€294,591▼ 0.5%€285,789▼ 3.0%€286,043▲ 0.1%
Total assets€843,428▼ 1.0%€839,136▼ 0.5%€835,289▼ 0.5%€826,667▼ 1.0%€826,607=
Debt€547,848▲ 0.8%€543,186▼ 0.9%€540,697▼ 0.5%€540,878=€540,564▼ 0.1%
Working capital-€465,985▼ 2.5%-€469,664▼ 0.8%-€476,047▼ 1.4%-€489,312▼ 2.8%-€493,725▼ 0.9%
Staff (FTE)00
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 returns to profit in 2025: €1,620 after a loss of €8,030 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €826,607
Fixed assets
€821,473 ▼ 0.6%
Current assets
€5,134 ▲ 2,550%
Equity and liabilities €826,607
Equity
€286,043 ▲ 0.1%
Debt
€540,564 ▼ 0.1%
Debt's share of the balance-sheet total stays at 65.4%.
Key figures and ratios
EBITDA
€6,620▲
2024 · -€3,030
Cash flow
€5,254▲
2024 · -€3,802
Current ratio
0.01▲
2024 · 0.00
Debt to equity
1.89▼
2024 · 1.89
ROE
0.1%▲
2024 · -3.1%
ROA
0.0%▲
2024 · -1.1%
Interest coverage
4.85▲
2024 · -3.92
Debt ≤ 1 year
€498,859▲
2024 · €489,505
Debt > 1 year
€41,705▼
2024 · €51,373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Other operating charges640/8 | - | €1,099 | €1,087 | €7,572 | €1,354 | ▼ 82.1% |
| Gross operating margin9900 | -€1,989 | €8,400 | €6,490 | €4,541 | €7,973 | ▲ 75.6% |
| Operating profit (loss)9901 | -€8,499 | €2,301 | €403 | -€8,030 | €1,620 | ▲ 120% |
| Financial charges65/66B | - | €1,932 | €1,761 | €772 | €1,365 | ▲ 76.8% |
| Recurring financial charges65 | €4,340 | €1,932 | €1,761 | €772 | €1,365 | ▲ 76.8% |
| Profit (loss) for the period before taxes9903 | -€12,838 | €369 | -€1,359 | -€8,802 | €254 | ▲ 103% |
| Profit (loss) for the period9904 | -€12,838 | €369 | -€1,359 | -€8,802 | €254 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | -€12,838 | €369 | -€1,359 | -€8,802 | €254 | ▲ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €843,428 | €839,136 | €835,289 | €826,667 | €826,607 | = |
| Fixed assets21/28 | €841,473 | €836,473 | €831,473 | €826,473 | €821,473 | ▼ 0.6% |
| Tangible fixed assets22/27 | €301,913 | €296,913 | €291,913 | €286,913 | €281,913 | ▼ 1.7% |
| Land and buildings22 | - | €276,913 | €276,913 | €276,913 | €276,913 | = |
| Plant, machinery and equipment23 | - | €20,000 | €15,000 | €10,000 | €5,000 | ▼ 50.0% |
| Financial fixed assets28 | €539,560 | €539,560 | €539,560 | €539,560 | €539,560 | = |
| Current assets29/58 | €1,955 | €2,662 | €3,815 | €194 | €5,134 | ▲ 2,550% |
| Amounts receivable within one year40/41 | €1,892 | €2,651 | €3,808 | €192 | €5,131 | ▲ 2,573% |
| Other amounts receivable41 | - | €2,651 | €3,808 | €192 | €5,131 | ▲ 2,573% |
| Cash at bank and in hand54/58 | €3 | €11 | €7 | €2 | €3 | ▲ 83.4% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €843,428 | €839,136 | €835,289 | €826,667 | €826,607 | = |
| Equity10/15 | €295,580 | €295,950 | €294,591 | €285,789 | €286,043 | ▲ 0.1% |
| Contributions10/11 | €339,506 | €339,506 | €339,506 | €339,506 | €339,506 | = |
| Capital10 | - | €339,506 | €339,506 | €339,506 | €339,506 | = |
| Issued capital100 | - | €339,506 | €339,506 | €339,506 | €339,506 | = |
| Revaluation surpluses12 | - | €17,848 | €17,848 | €17,848 | €17,848 | = |
| Reserves13 | €11,872 | €11,872 | €11,872 | €11,872 | €11,872 | = |
| Non-distributable reserves130/1 | - | €11,872 | €11,872 | €11,872 | €11,872 | = |
| Legal reserve130 | - | €11,872 | €11,872 | €11,872 | €11,872 | = |
| Profit (loss) carried forward14 | -€73,646 | -€73,277 | -€74,636 | -€83,438 | -€83,184 | ▲ 0.3% |
| Amounts payable17/49 | €547,848 | €543,186 | €540,697 | €540,878 | €540,564 | ▼ 0.1% |
| Amounts payable after more than one year17 | €79,908 | €70,860 | €60,836 | €51,373 | €41,705 | ▼ 18.8% |
| Financial debts170/4 | - | €70,860 | €60,836 | €51,373 | €41,705 | ▼ 18.8% |
| Amounts payable within one year42/48 | €467,940 | €472,326 | €479,862 | €489,505 | €498,859 | ▲ 1.9% |
| Current portion of amounts payable after more than one year42 | - | €9,048 | €10,024 | €9,462 | €9,668 | ▲ 2.2% |
| Trade debts44 | €5,131 | €1,081 | €3,542 | €1,246 | €144 | ▼ 88.4% |
| Suppliers440/4 | - | €1,081 | €3,542 | €1,246 | €144 | ▼ 88.4% |
| Taxes, remuneration and social security45 | - | - | - | €1,285 | - | - |
| Taxes450/3 | - | - | - | €1,285 | - | - |
| Other amounts payable47/48 | - | €462,197 | €466,296 | €477,512 | €489,047 | ▲ 2.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,838 | €369 | -€1,359 | -€8,802 | €254 | ▲ 103% |
| + Depreciation and write-downs630 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Operating cash flow (approximation) | -€7,838 | €5,369 | €3,641 | -€3,802 | €5,254 | ▲ 238% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €8 | -€4 | -€5 | €2 | ▲ 129% |
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
Next filing, fiscal year 2026, expected by
2026
25-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €254
Net result €254 after 2 loss-making years.
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €369
Net result €369 after 3 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 267 days late
2020
30-06
Financial
Weakest financial yearnet -€18,812
Net result drops to -€18,812, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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
Registered office, Lievegem · 1 establishment unit since 1995
Ground area
1,883 m²
Building footprint
1,477 m²
Volume, LiDAR
10,359 m³
Parcel 44452B1490/00R000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Grote Baan 56, 9920 Lievegem
since 19952.071.528.238
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44452B1490/00R000 | Flanders | 1,883 m² | 1 · 1,477 m² | 10.5 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
99.64%
According to the annual accounts to 30-06-2025 of ABILITY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.