ABMA
Open bankruptcyA bankruptcy procedure is open for ABMA according to publications in the Belgian State Gazette; curator: Kathleen SEGERS.
Summary
The 2024 annual accounts show equity of €937k and a net result of €63k.
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 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
21 d early
2022
31 d early
2021
34 d early
2020
26 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€937k▼ 11.4%
2023 · €1.06M
2018: €1.36M
2019: €1.30M
2020: €1.26M
2021: €941k
2022: €1.03M
2023: €1.06M
2018 → 2024
Total assets
€2.22M▼ 0.3%
2023 · €2.22M
2018: €2.39M
2019: €2.36M
2020: €2.32M
2021: €2.26M
2022: €2.23M
2023: €2.22M
2018 → 2024
Net result
€63k▲ 142%
2023 · €26k
2018: €13k
2019: €-60k
2020: €-43k
2021: €-26k
2022: €91k
2023: €26k
2018 → 2024
Working capital
€-1.14M▼ 7.7%
2023 · €-1.06M
2018: €-165k
2019: €-398k
2020: €-534k
2021: €-912k
2022: €-881k
2023: €-1.06M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.26M-€941k▼ 25.3%€1.03M▲ 9.7%€1.06M▲ 2.5%€937k▼ 11.4%
Operating result€-8k-€27k€135k▲ 394%€133k▼ 1.9%€141k▲ 6.2%
Net result€-43k-€-26k▲ 39.5%€91k€26k▼ 71.3%€63k▲ 142%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.22M
Fixed assets
€2.20M ▲ 0.1%
Current assets
€14k ▼ 38.2%
Equity and liabilities €2.22M
Equity
€937k ▼ 11.4%
Debt
€1.28M ▲ 9.9%
Debt's share of the balance-sheet total rises from 52.4% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€142k▼
2023 · €145k
Cash flow
€64k▲
2023 · €39k
Current ratio
0.01▼
2023 · 0.02
Debt to equity
1.37▲
2023 · 1.10
ROE
6.7%▲
2023 · 2.5%
ROA
2.9%▲
2023 · 1.2%
Interest coverage
3.10▲
2023 · 1.62
Debt ≤ 1 year
€1.15M▲
2023 · €1.08M
Income taxes
€32k▲
2023 · €17k
Staff costs
€252▲
2023 · €248
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.22M€2.22M▼
Fixed assets21/28€2.20M€2.20M▲
Tangible fixed assets22/27-€3k
Plant, machinery and equipment23-€3k
Financial fixed assets28€2.20M€2.20M=
Current assets29/58€22k€14k▼
Amounts receivable within one year40/41€460€5k▲
Trade receivables40-€5k
Other amounts receivable41€460€104▼
Cash at bank and in hand54/58€22k€8k▼
Deferred charges and accrued income490/1€54€52▼
Equity and liabilities
Total equity and liabilities10/49€2.22M€2.22M▼
Equity10/15€1.06M€937k▼
Contributions10/11€677k€677k=
Reserves13€381k€260k▼
Distributable reserves133€381k€260k▼
Amounts payable17/49€1.16M€1.28M▲
Amounts payable within one year42/48€1.08M€1.15M▲
Financial debts43€912k€852k▼
Other loans439€912k€852k▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€19k€16k▼
Taxes450/3€19k€16k▼
Other amounts payable47/48€144k€281k▲
Accrued charges and deferred income492/3€87k€129k▲
Income statement
Code20232024
Remuneration, social security and pensions62€248€252▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€854▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€147k€143k▼
Operating profit (loss)9901€133k€141k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€89k€46k▼
Recurring financial charges65€89k€46k▼
Profit (loss) for the period before taxes9903€43k€95k▲
Income taxes67/77€17k€32k▲
Profit (loss) for the period9904€26k€63k▲
Profit (loss) for the period to be appropriated9905€26k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€63k▲
Transfer from equity791/2-€184k
Transfer to equity691/2€26k€63k▲
To other reserves6921€26k€63k▲
Profit to be distributed694/7-€184k
Return on contributions (dividend)694-€184k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · ABMA BV WINDHOEK 22, 8790 WAREGEM · event 04-12-2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €91k
Net result €91k after 3 loss-making years.
31-12
Financial
Equity above €1MEq €1.03M ▲9.7%
Equity rises from €941k to €1.03M.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-60k ▼548%
Net result drops to €-60k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waregem · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Windhoek 228790 WaregemGround area
455 m²
Building footprint
455 m²
Volume, LiDAR
3,996 m³
Parcel 34040C0229/00C004, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ABMA
since 20072.160.853.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34040C0229/00C004 | Flanders | 455 m² | 1 · 455 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | Kathleen SEGERS FELIX VERHAEGHESTRAAT 5,
8790 WAREGEM |
04-12-2025 → present |
Similar companies · same sector, comparable size
DERES
BE 0873.186.179
Middelkerke · Eq €937,223
Société de Gestion et Services de Malèves
BE 0444.956.618
Perwez · Eq €937,187
Johan Michielsen Adviesbureau
BE 0627.614.447
Hoogstraten · Eq €937,338
BRUG 7
BE 0755.560.417
Oostkamp · Eq €937,374
GEMAFIN
BE 0843.982.053
Ieper · Eq €937,482
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 28,542 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.