ABL Group
ActiveSummary
ABL Group has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29,849 and a net result of -€3,971. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 53% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability10▼-67
Solvency86▲+1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 2.42 in 2023; short-term debt: 38.6% and cash: 47.1% of total assets), and 38.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
61.4%
Return on assets
-8.2%
Age of the figures
21 mo
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 02-07-2025, 29 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
29 d early
2022
19 d early
2021
26 d early
2020
30 d late
2019
38 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€29,849▼ 11.7%
2023 · €33,820
Total assets
€48,609▼ 13.6%
2023 · €56,254
Net result
-€3,971
2023 · €3,717
Working capital
€29,208▼ 8.6%
2023 · €31,952
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€1,321▼ 82.7%€30,073▲ 2,177%-€6,790€5,305-€578
Net result€460below the sector's middle half▼ 89.5%€21,238within the sector's middle half▲ 4,517%-€6,417below the sector's middle half€3,717within the sector's middle half-€3,971below the sector's middle half
Equity€30,282within the sector's middle half▲ 1.5%€51,520within the sector's middle half▲ 70.1%€45,103within the sector's middle half▼ 12.5%€33,820within the sector's middle half▼ 25.0%€29,849within the sector's middle half▼ 11.7%
Total assets€46,104below the sector's middle half▼ 44.1%€85,961within the sector's middle half▲ 86.4%€75,892below the sector's middle half▼ 11.7%€56,254below the sector's middle half▼ 25.9%€48,609below the sector's middle half▼ 13.6%
Debt€15,822▼ 70.0%€34,441▲ 118%€30,789▼ 10.6%€22,434▼ 27.1%€18,761▼ 16.4%
Working capital€30,282within the sector's middle half▲ 3.0%€51,520within the sector's middle half▲ 70.1%€31,809within the sector's middle half▼ 38.3%€31,952within the sector's middle half▲ 0.4%€29,208within the sector's middle half▼ 8.6%
Solvency65.7%within the sector's middle half▲ 29.5pp59.9%within the sector's middle half▼ 5.7pp59.4%within the sector's middle half▼ 0.5pp60.1%within the sector's middle half▲ 0.7pp61.4%within the sector's middle half▲ 1.3pp
Current ratio2.91within the sector's middle half▲ 1.362.50within the sector's middle half▼ 0.422.03within the sector's middle half▼ 0.462.42within the sector's middle half▲ 0.392.56within the sector's middle half▲ 0.13
Return on assets (ROA)1.0%within the sector's middle half▼ 4.3pp24.7%within the sector's middle half▲ 23.7pp-8.5%below the sector's middle half▼ 33.2pp6.6%within the sector's middle half▲ 15.1pp-8.2%below the sector's middle half▼ 14.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €578 after €5,305 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €48,609
Fixed assets
€640 ▼ 65.7%
Current assets
€47,969 ▼ 11.8%
Equity and liabilities €48,609
Equity
€29,849 ▼ 11.7%
Debt
€18,761 ▼ 16.4%
Debt's share of the balance-sheet total falls from 39.9% to 38.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€649▼
2023 · €6,533
Cash flow
-€2,744▼
2023 · €4,944
Debt to equity
0.63▼
2023 · 0.66
ROE
-13.3%▼
2023 · 11.0%
Interest coverage
0.21▼
2023 · 6.36
Debt ≤ 1 year
€18,761▼
2023 · €22,434
Income taxes
€423▼
2023 · €2,631
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.3%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €420 | - | €1,348 | €1,227 | €1,227 | = |
| Other operating charges640/8 | - | €1,994 | €829 | €1,707 | €3,027 | ▲ 77.3% |
| Gross operating margin9900 | €3,884 | €32,067 | -€4,614 | €8,240 | €3,676 | ▼ 55.4% |
| Operating profit (loss)9901 | €1,321 | €30,073 | -€6,790 | €5,305 | -€578 | ▼ 111% |
| Financial income75/76B | - | €41 | €444 | €2,070 | €82 | ▼ 96.0% |
| Recurring financial income75 | €239 | €41 | €444 | €2,070 | €82 | ▼ 96.0% |
| Financial charges65/66B | - | €238 | €196 | €1,028 | €3,053 | ▲ 197% |
| Recurring financial charges65 | €139 | €238 | €196 | €1,028 | €3,053 | ▲ 197% |
| Profit (loss) for the period before taxes9903 | €1,421 | €29,876 | -€6,542 | €6,348 | -€3,548 | ▼ 156% |
| Income taxes67/77 | €961 | €8,638 | -€125 | €2,631 | €423 | ▼ 83.9% |
| Profit (loss) for the period9904 | €460 | €21,238 | -€6,417 | €3,717 | -€3,971 | ▼ 207% |
| Profit (loss) for the period to be appropriated9905 | €460 | €21,238 | -€6,417 | €3,717 | -€3,971 | ▼ 207% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,104 | €85,961 | €75,892 | €56,254 | €48,609 | ▼ 13.6% |
| Fixed assets21/28 | - | - | €13,294 | €1,868 | €640 | ▼ 65.7% |
| Tangible fixed assets22/27 | - | - | €13,294 | €1,868 | €640 | ▼ 65.7% |
| Furniture and vehicles24 | - | - | €13,294 | €1,868 | €640 | ▼ 65.7% |
| Current assets29/58 | €46,104 | €85,961 | €62,598 | €54,386 | €47,969 | ▼ 11.8% |
| Amounts receivable within one year40/41 | €15,425 | €6,118 | €12,937 | €16,967 | €22,353 | ▲ 31.7% |
| Trade receivables40 | - | €6,118 | €10,972 | €11,967 | €10,313 | ▼ 13.8% |
| Other amounts receivable41 | - | - | €1,965 | €5,000 | €12,040 | ▲ 141% |
| Current investments50/53 | €28,187 | €78,105 | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €45,682 | €32,941 | €22,910 | ▼ 30.5% |
| Deferred charges and accrued income490/1 | - | €1,738 | €3,979 | €4,478 | €2,706 | ▼ 39.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,104 | €85,961 | €75,892 | €56,254 | €48,609 | ▼ 13.6% |
| Equity10/15 | €30,282 | €51,520 | €45,103 | €33,820 | €29,849 | ▼ 11.7% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €4,005 | €4,005 | = |
| Capital10 | - | €6,000 | - | - | - | - |
| Issued capital100 | - | €6,000 | - | - | - | - |
| Reserves13 | €22,200 | €22,200 | €22,200 | €16,748 | €16,748 | = |
| Non-distributable reserves130/1 | - | €12,200 | €12,200 | - | - | - |
| Legal reserve130 | - | €12,200 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €12,200 | - | - | - |
| Distributable reserves133 | - | €10,000 | €10,000 | €16,748 | €16,748 | = |
| Profit (loss) carried forward14 | €2,082 | €23,320 | €16,903 | €13,067 | €9,096 | ▼ 30.4% |
| Amounts payable17/49 | €15,822 | €34,441 | €30,789 | €22,434 | €18,761 | ▼ 16.4% |
| Amounts payable within one year42/48 | €15,822 | €34,441 | €30,789 | €22,434 | €18,761 | ▼ 16.4% |
| Financial debts43 | - | €2,621 | €1,903 | €2,471 | €3,259 | ▲ 31.9% |
| Credit institutions430/8 | - | €2,621 | €1,903 | €2,471 | €3,259 | ▲ 31.9% |
| Trade debts44 | €1,503 | €3,017 | €1,701 | €1,218 | €7,387 | ▲ 507% |
| Suppliers440/4 | - | €3,017 | €1,701 | €1,218 | €7,387 | ▲ 507% |
| Taxes, remuneration and social security45 | - | €18,234 | €9,136 | €5,184 | €1,107 | ▼ 78.6% |
| Taxes450/3 | - | €18,234 | €9,136 | €5,184 | €1,107 | ▼ 78.6% |
| Other amounts payable47/48 | - | €10,570 | €18,049 | €13,561 | €7,009 | ▼ 48.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €460 | €21,238 | -€6,417 | €3,717 | -€3,971 | ▼ 207% |
| + Depreciation and write-downs630 | €420 | - | €1,348 | €1,227 | €1,227 | = |
| Operating cash flow (approximation) | €880 | €21,238 | -€5,069 | €4,944 | -€2,744 | ▼ 155% |
| Investment in fixed assets (approximation) | - | - | - | €10,199 | €0 | ▼ 100% |
| Change in cash | - | - | - | -€12,741 | -€10,031 | ▲ 21.3% |
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3,717
Net result €3,717 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€6,417
Net result drops to -€6,417, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Morlanwelz · 1 establishment unit since 2017
Ground area
2.5 ha
Building footprint
12 m²
Volume, LiDAR
26 m³
Parcel 56057A0201/00X017, Wallonia · tallest building 2.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ABL Group
since 20172.261.590.335
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0201/00X017 | Wallonia | 2.5 ha | 1 · 12 m² | 2.5 m · 1 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.
Similar companies · same sector, comparable size
Lieber Consultancy
BE 1023.970.206
Evergem · Eq €29,848
Vincent & Jules
BE 0821.180.323
Duffel · Eq €29,845
Qihoti
BE 0629.939.081
Antwerpen · Eq €29,840
Arsa HR
BE 1005.329.774
Meise · Eq €29,858
Tumbleweeds
BE 1022.191.938
Kapellen · Eq €29,858
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 34,479 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-02-2017
Fiscal year end31-12
Abbreviation FR
ABL
Activities, NACEBEL 2025
70200Business and other management consultancy
46831Wholesale of construction materials, general range
46839Wholesale trade
85592Vocational training
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0671594049
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.