Summary
ABIPCO has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €631,050 and a net result of -€97,399. Equity remains stable across the filed fiscal years (±1% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Axes, FY 2024 · tick = 2023
Profitability17▼-2
Solvency49▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Four 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
23.9%
Return on assets
-3.7%
Age of the figures
25 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
37 d early
2024
28 d early
2023
19 d early
2022
16 d early
2020
18 d late
2019
9 d early
2018
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 13 days before 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
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Financials · fiscal year 2024, micro schema
Equity
€631,050▼ 13.4%
2023 · €728,449
Total assets
€2.6m▼ 3.2%
2023 · €2.7m
Net result
-€97,399▼ 9.8%
2023 · -€88,699
Working capital
-€277,025▼ 35.5%
2023 · -€204,511
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
Line20192020202220232024
Operating result€15,038▲ 40.1%€18,562▲ 23.4%€107,959--€47,497-€42,974▲ 9.5%
Net result€1,744-€5,298-€312,231--€88,699▲ 71.6%-€97,399▼ 9.8%
Equity€612,318▲ 1.7%€607,020▼ 0.9%€817,148-€728,449▼ 10.9%€631,050▼ 13.4%
Total assets€1.8m▲ 8.2%€1.9m▲ 2.5%€2.6m-€2.7m▲ 6.1%€2.6m▼ 3.2%
Debt€1.2m▲ 13.4%€1.2m▲ 4.5%€1.6m-€1.9m▲ 17.1%€1.9m▲ 2.1%
Working capital-€58,053▲ 68.0%-€107,795▼ 85.7%-€111,871--€204,511▼ 82.8%-€277,025▼ 35.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2023 Net result +72% on 2022. The previous fiscal year ran 23 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €42,974 in 2024 against €47,497 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.6m
Fixed assets
€2.6m ▼ 2.5%
Current assets
€33,603 ▼ 38.3%
Equity and liabilities €2.6m
Equity
€631,050 ▼ 13.4%
Provisions
€95,361 ▼ 24.6%
Debt
€1.9m ▲ 2.1%
Debt's share of the balance-sheet total rises from 68.6% to 72.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€24,594▼
2023 · €31,743
Cash flow
-€29,831▼
2023 · -€9,459
Current ratio
0.11▼
2023 · 0.21
Debt to equity
3.03▲
2023 · 2.57
ROE
-15.4%▼
2023 · -12.2%
ROA
-3.7%▼
2023 · -3.3%
Interest coverage
0.29▼
2023 · 0.47
Debt ≤ 1 year
€310,628▲
2023 · €259,009
Debt > 1 year
€1.5m▼
2023 · €1.6m
Income taxes
€359▼
2023 · €383
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €269,629 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30,349 | €35,613 | €49,220 | €79,240 | €67,568 | ▼ 14.7% |
| Other operating charges640/8 | - | - | €12,346 | €2,870 | €20,643 | ▲ 619% |
| Gross operating margin9900 | €49,773 | €61,388 | €169,526 | €34,613 | €45,236 | ▲ 30.7% |
| Operating profit (loss)9901 | €15,038 | €18,562 | €107,959 | -€47,497 | -€42,974 | ▲ 9.5% |
| Financial income75/76B | - | - | €2,310 | €0 | - | - |
| Recurring financial income75 | €2,058 | €1,250 | €2,310 | €0 | - | - |
| Financial charges65/66B | - | - | €418,087 | €68,014 | €85,243 | ▲ 25.3% |
| Recurring financial charges65 | €17,166 | €26,925 | €418,087 | €68,014 | €85,243 | ▲ 25.3% |
| Profit (loss) for the period before taxes9903 | -€71 | -€7,113 | -€307,818 | -€115,511 | -€128,217 | ▼ 11.0% |
| Transfer from deferred taxes780 | - | - | €22,508 | €27,195 | €31,177 | ▲ 14.6% |
| Income taxes67/77 | - | - | €26,921 | €383 | €359 | ▼ 6.3% |
| Profit (loss) for the period9904 | €1,744 | -€5,298 | -€312,231 | -€88,699 | -€97,399 | ▼ 9.8% |
| Transfer from tax-exempt reserves789 | - | - | €35,243 | €81,585 | €93,531 | ▲ 14.6% |
| Profit (loss) for the period to be appropriated9905 | €6,064 | -€978 | -€276,988 | -€7,114 | -€3,869 | ▲ 45.6% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.9m | €2.6m | €2.7m | €2.6m | ▼ 3.2% |
| Fixed assets21/28 | €1.7m | €1.7m | €2.5m | €2.7m | €2.6m | ▼ 2.5% |
| Tangible fixed assets22/27 | €1.2m | €1.3m | €2.5m | €2.7m | €2.6m | ▼ 2.5% |
| Land and buildings22 | - | - | €2.5m | €2.7m | €2.6m | ▼ 2.5% |
| Financial fixed assets28 | €475,637 | €475,637 | - | - | - | - |
| Current assets29/58 | €147,892 | €159,910 | €34,413 | €54,498 | €33,603 | ▼ 38.3% |
| Amounts receivable within one year40/41 | €142,058 | €137,250 | €8,429 | €0 | - | - |
| Trade receivables40 | - | - | €350 | €0 | - | - |
| Other amounts receivable41 | - | - | €8,079 | €0 | - | - |
| Cash at bank and in hand54/58 | €5,834 | €22,660 | €25,983 | €54,498 | €33,603 | ▼ 38.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.9m | €2.6m | €2.7m | €2.6m | ▼ 3.2% |
| Equity10/15 | €612,318 | €607,020 | €817,148 | €728,449 | €631,050 | ▼ 13.4% |
| Contributions10/11 | €400,000 | - | €550,000 | €550,000 | €550,000 | = |
| Reserves13 | €212,318 | €207,020 | €544,136 | €379,613 | €286,082 | ▼ 24.6% |
| Tax-exempt reserves132 | - | - | €461,198 | €379,613 | €286,082 | ▼ 24.6% |
| Distributable reserves133 | - | - | €82,938 | €0 | - | - |
| Profit (loss) carried forward14 | -€4,747 | -€3,148 | -€276,988 | -€201,164 | -€205,033 | ▼ 1.9% |
| Provisions and deferred taxes16 | €53,936 | €52,121 | €153,733 | €126,538 | €95,361 | ▼ 24.6% |
| Deferred taxes168 | - | - | €153,733 | €126,538 | €95,361 | ▼ 24.6% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.6m | €1.9m | €1.9m | ▲ 2.1% |
| Amounts payable after more than one year17 | €941,779 | €954,782 | €1.4m | €1.6m | €1.5m | ▼ 3.8% |
| Financial debts170/4 | - | - | €1.4m | €1.6m | €1.5m | ▼ 3.8% |
| Amounts payable within one year42/48 | €205,945 | €267,705 | €146,283 | €259,009 | €310,628 | ▲ 19.9% |
| Current portion of amounts payable after more than one year42 | - | - | €42,429 | €66,550 | €59,362 | ▼ 10.8% |
| Trade debts44 | €280 | €6,933 | €8,622 | €16,998 | €10,437 | ▼ 38.6% |
| Suppliers440/4 | - | - | €8,622 | €16,998 | €10,437 | ▼ 38.6% |
| Advances received on contracts in progress46 | - | - | - | €60 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | €17,018 | €383 | €359 | ▼ 6.3% |
| Taxes450/3 | - | - | €17,018 | €383 | €359 | ▼ 6.3% |
| Other amounts payable47/48 | - | - | €78,214 | €175,018 | €240,470 | ▲ 37.4% |
| Accrued charges and deferred income492/3 | - | - | €2,940 | €49,716 | €97,573 | ▲ 96.3% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,744 | -€5,298 | -€312,231 | -€88,699 | -€97,399 | ▼ 9.8% |
| + Depreciation and write-downs630 | €30,349 | €35,613 | €49,220 | €79,240 | €67,568 | ▼ 14.7% |
| Operating cash flow (approximation) | €32,092 | €30,315 | -€263,011 | -€9,459 | -€29,831 | ▼ 215% |
| Investment in fixed assets (approximation) | - | -€69,419 | - | -€216,943 | €0 | ▲ 100% |
| Change in cash | - | €16,825 | - | €28,514 | -€20,894 | ▼ 173% |
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
2026
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
Financial
Weakest financial yearnet -€312,231
Net result drops to -€312,231, the lowest in the series; recovery starts the following year.
2021
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €1,744
Net result €1,744 after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
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, Schilde · 1 establishment unit since 2002
Ground area
1,603 m²
Building footprint
302 m²
Volume, LiDAR
1,759 m³
Parcel 11922C0041/00F004, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Schoolstraat 60, 2970 Schilde
since 20022.095.678.862
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0041/00F004 | Flanders | 1,603 m² | 1 · 302 m² | 15.6 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded03-12-2001
Fiscal year end31-12
Contact
E-mail
abipco@telenet.be
Phone
0494711184
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476208929
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.