ABM PROJECT
Bankruptcy closedInactive since 01-07-2026; last annual accounts for fiscal year 2022.
Summary
ABM PROJECT was declared bankrupt on 23-01-2024 (Ondernemingsrechtbank Gent, afdeling Kortrijk); the bankruptcy was closed by liquidation by judgment of 30-06-2026, published in the Belgian State Gazette on 03-07-2026.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-06-2023, 39 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
39 d early
2021
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Are there other customers at risk in your own list?List enrichment How is the Activities of building architects sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
€148,985▲ 56.0%
2021 · €95,494
Total assets
€316,830▲ 56.4%
2021 · €202,545
Net result
€53,491▼ 45.5%
2021 · €98,205
Working capital
€89,712▲ 95.4%
2021 · €45,908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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
Line20212022
Operating result€128,073-€79,911▼ 37.6%
Net result€98,205above the sector's middle half-€53,491above the sector's middle half▼ 45.5%
Equity€95,494within the sector's middle half-€148,985within the sector's middle half▲ 56.0%
Total assets€202,545within the sector's middle half-€316,830within the sector's middle half▲ 56.4%
Debt€107,051-€167,846▲ 56.8%
Working capital€45,908within the sector's middle half-€89,712within the sector's middle half▲ 95.4%
Solvency47.1%within the sector's middle half-47.0%within the sector's middle half▼ 0.1pp
Current ratio1.43within the sector's middle half-1.53within the sector's middle half▲ 0.11
Return on assets (ROA)48.5%above the sector's middle half-16.9%within the sector's middle half▼ 31.6pp
Staff (FTE)5-4.6▼ 8.0%
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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 falls in 2022; 2022 is 38% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €316,830
Fixed assets
€59,412 ▲ 19.8%
Current assets
€257,418 ▲ 68.3%
Equity and liabilities €316,830
Equity
€148,985 ▲ 56.0%
Debt
€167,846 ▲ 56.8%
Debt's share of the balance-sheet total rises from 52.9% to 53.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€96,568▼
2021 · €136,074
Cash flow
€70,148▼
2021 · €106,206
Debt to equity
1.13▲
2021 · 1.12
ROE
35.9%▼
2021 · 102.8%
Interest coverage
19.23▼
2021 · 77.38
Debt ≤ 1 year
€167,706▲
2021 · €107,051
Income taxes
€23,006▼
2021 · €29,020
Staff costs
€245,291▼
2021 · €294,849
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €294,849 | €245,291 | ▼ 16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,001 | €16,657 | ▲ 108% |
| Other operating charges640/8 | €695 | €459 | ▼ 34.0% |
| Gross operating margin9900 | €431,618 | €342,318 | ▼ 20.7% |
| Operating profit (loss)9901 | €128,073 | €79,911 | ▼ 37.6% |
| Financial income75/76B | €910 | €1,606 | ▲ 76.5% |
| Recurring financial income75 | €910 | €1,606 | ▲ 76.5% |
| Financial charges65/66B | €1,758 | €5,021 | ▲ 186% |
| Recurring financial charges65 | €1,758 | €5,021 | ▲ 186% |
| Profit (loss) for the period before taxes9903 | €127,225 | €76,497 | ▼ 39.9% |
| Income taxes67/77 | €29,020 | €23,006 | ▼ 20.7% |
| Profit (loss) for the period9904 | €98,205 | €53,491 | ▼ 45.5% |
| Profit (loss) for the period to be appropriated9905 | €98,205 | €53,491 | ▼ 45.5% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €202,545 | €316,830 | ▲ 56.4% |
| Fixed assets21/28 | €49,586 | €59,412 | ▲ 19.8% |
| Tangible fixed assets22/27 | €41,424 | €51,250 | ▲ 23.7% |
| Furniture and vehicles24 | €41,424 | €51,250 | ▲ 23.7% |
| Financial fixed assets28 | €8,162 | €8,162 | = |
| Current assets29/58 | €152,959 | €257,418 | ▲ 68.3% |
| Amounts receivable after more than one year29 | - | €150,000 | - |
| Other amounts receivable291 | - | €150,000 | - |
| Amounts receivable within one year40/41 | €105,620 | €65,258 | ▼ 38.2% |
| Trade receivables40 | €50,713 | €64,378 | ▲ 26.9% |
| Other amounts receivable41 | €54,907 | €880 | ▼ 98.4% |
| Cash at bank and in hand54/58 | €46,492 | €29,379 | ▼ 36.8% |
| Deferred charges and accrued income490/1 | €848 | €12,781 | ▲ 1,408% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €202,545 | €316,830 | ▲ 56.4% |
| Equity10/15 | €95,494 | €148,985 | ▲ 56.0% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | €94,494 | €147,985 | ▲ 56.6% |
| Distributable reserves133 | €94,494 | €147,985 | ▲ 56.6% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €107,051 | €167,846 | ▲ 56.8% |
| Amounts payable within one year42/48 | €107,051 | €167,706 | ▲ 56.7% |
| Trade debts44 | €14,776 | €47,430 | ▲ 221% |
| Suppliers440/4 | €14,776 | €47,430 | ▲ 221% |
| Taxes, remuneration and social security45 | €91,081 | €108,616 | ▲ 19.3% |
| Taxes450/3 | €64,475 | €84,106 | ▲ 30.4% |
| Remuneration and social security454/9 | €26,606 | €24,509 | ▼ 7.9% |
| Other amounts payable47/48 | €1,194 | €11,661 | ▲ 876% |
| Accrued charges and deferred income492/3 | - | €140 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €98,205 | €53,491 | ▼ 45.5% |
| + Depreciation and write-downs630 | €8,001 | €16,657 | ▲ 108% |
| Operating cash flow (approximation) | €106,206 | €70,148 | ▼ 34.0% |
| Investment in fixed assets (approximation) | - | -€26,483 | - |
| Change in cash | - | -€17,112 | - |
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
03-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 30-06-2026
2024
24-05
KBO administration
Address struck
event 05-04-2024
07-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 23-01-2024
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €148,985 ▲56%
2 profitable years in a row build equity to €148,985.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial 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.
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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, Kortrijk
Ground area
2,779 m²
Building footprint
39 m²
Parcel 34022E0689/00W002, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0689/00W002 | Flanders | 2,779 m² | 1 · 39 m² | 0.0 m |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER DEWAELE GROENINGESTRAAT 33, 8500 KORT-
RIJK |
23-01-2024 → 30-06-2026 |
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Of 18,254 companies in sector 71111 we hold annual accounts for 6,321. 5,340 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
Founded22-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
70200Business and other management consultancy
82990Other business support services
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.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.