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ABLAC

Active
Private limited companyfounded 2022active for 4 yearsDendermondsesteenweg 218/A000, 9040 Gent, BelgiumKBO/BCE: BE 0788.366.015
Summary

ABLAC has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,957 and a net result of -€817. Equity is shrinking by about 11% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.4% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (34 days) Filed on 3 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00497596.

Equity
€12,957▼ 5.9%
2024 · €13,774
Total assets
€13,627▼ 1.1%
2024 · €13,774
Net result
-€817▲ 69.8%
2024 · -€2,706
Working capital
€12,957▼ 21.4%
2023 · €16,480
Trend over the years

2022 to 2025, 4 financial years

The operating result stays negative: a loss of €772 in 2025 against €843 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€772 2025 Net result-€817 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€17,110--€893-€843▲ 5.6%-€772▲ 8.5%
Net result€12,412--€932-€2,706▼ 190%-€817▲ 69.8%
Equity€17,412-€16,480▼ 5.4%€13,774▼ 16.4%€12,957▼ 5.9%
Total assets€22,603-€21,749▼ 3.8%€13,774▼ 36.7%€13,627▼ 1.1%
Debt€5,191-€5,270▲ 1.5%€669
Working capital€17,412-€16,480▼ 5.4%€12,957
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Equity and liabilities €13,627
Equity €12,957
Debt €669
Debt finances 4.9% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
20.36
Debt to equity
0.05
ROE
-6.3%▲
2024 · -19.6%
ROA
-6.0%▲
2024 · -19.6%
Debt ≤ 1 year
€669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 91.6% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
91.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 2,146 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€13,774€13,627▼
Current assets29/58€13,774€13,627▼
Amounts receivable within one year40/41€174€42▼
Other amounts receivable41€174€42▼
Cash at bank and in hand54/58€13,600€13,585▼
Equity and liabilities
Total equity and liabilities10/49€13,774€13,627▼
Equity10/15€13,774€12,957▼
Contributions10/11-€5,000
Reserves13€17,412€12,412▼
Non-distributable reserves130/1€5,000-
Reserves not available under the articles1311€5,000-
Distributable reserves133€12,412€12,412=
Profit (loss) carried forward14-€3,638-€4,454▼
Amounts payable17/49-€669
Amounts payable within one year42/48-€669
Trade debts44-€669
Suppliers440/4-€669
Income statement Code20242025
Other operating charges640/8€141€144▲
Gross operating margin9900-€703-€627▲
Operating profit (loss)9901-€843-€772▲
Financial charges65/66B€1,863€45▼
Recurring financial charges65€1,863€45▼
Profit (loss) for the period before taxes9903-€2,706-€817▲
Profit (loss) for the period9904-€2,706-€817▲
Profit (loss) for the period to be appropriated9905-€2,706-€817▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,638-€4,454▼
Profit (loss) brought forward from the previous period14P-€932-€3,638▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Other operating charges640/8€348€384€141€144▲ 2.6%
Gross operating margin9900€17,457-€509-€703-€627▲ 10.7%
Operating profit (loss)9901€17,110-€893-€843-€772▲ 8.5%
Financial charges65/66B€44€39€1,863€45▼ 97.6%
Recurring financial charges65€44€39€1,863€45▼ 97.6%
Profit (loss) for the period before taxes9903€17,066-€932-€2,706-€817▲ 69.8%
Income taxes67/77€4,654----
Profit (loss) for the period9904€12,412-€932-€2,706-€817▲ 69.8%
Profit (loss) for the period to be appropriated9905€12,412-€932-€2,706-€817▲ 69.8%
Line2022202320242025Change
Assets
Total assets20/58€22,603€21,749€13,774€13,627▼ 1.1%
Current assets29/58€22,603€21,749€13,774€13,627▼ 1.1%
Amounts receivable within one year40/41€495€68€174€42▼ 75.8%
Other amounts receivable41€495€68€174€42▼ 75.8%
Cash at bank and in hand54/58€22,108€21,681€13,600€13,585▼ 0.1%
Equity and liabilities
Total equity and liabilities10/49€22,603€21,749€13,774€13,627▼ 1.1%
Equity10/15€17,412€16,480€13,774€12,957▼ 5.9%
Contributions10/11---€5,000-
Reserves13€17,412€17,412€17,412€12,412▼ 28.7%
Non-distributable reserves130/1€5,000€5,000€5,000--
Reserves not available under the articles1311€5,000€5,000€5,000--
Distributable reserves133€12,412€12,412€12,412€12,412=
Profit (loss) carried forward14--€932-€3,638-€4,454▼ 22.4%
Amounts payable17/49€5,191€5,270-€669-
Amounts payable within one year42/48€5,191€5,270-€669-
Trade debts44€537€615-€669-
Suppliers440/4€537€615-€669-
Taxes, remuneration and social security45€4,654€4,654---
Taxes450/3€4,654€4,654---
Line2022202320242025Change
Profit (loss) for the period9904€12,412-€932-€2,706-€817▲ 69.8%
Operating cash flow (approximation)€12,412-€932-€2,706-€817▲ 69.8%
Change in cash--€427-€8,081-€15▲ 99.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 03-09-2026 2026-00497596
31-12-2024 micro format 21-09-2025 2025-00496659
31-12-2023 micro format 25-09-2024 2024-00470939
31-12-2022 micro format 29-09-2023 2023-00459022

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.