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ABO Operations

Active Public limited companyfounded 1988active for 38 yearsPastorijstraat 1A, 3560 LummenKBO/BCE: BE 0433.572.281 subsidiary of ABO GLOBAL#8 oldest company in Lummen, Wholesale and retail trade sector

Lifetime

19 annual accounts with figures on one time axis, 37 filings since 1988
Gross marginpeak €1.3m (2012)
€128,331▼ 34.3%
Resultlowest -€2.4m (2006)
€73▼ 99.2%
Equitypeak €2.7m (2014)
€317,096unchanged
Debts
€113,240▼ 37.7%
Staffpeak 14.3 FTE (2006)
1.4 FTE▼ 26.3%
Board8 names since 2018
3 directorsSumaco Beheer and 2 others
Owners3 names in the annual accounts
100%ABO GLOBAL
Documentsfilings and deeds
16-01-2026104 days before the deadline
2025abbreviated format
Gross margin from €195,248 to €128,331Result from €8,764 to €73Staff from 1.9 FTE to 1.4 FTERegistered office moved within Lummen 25-031 director appointed, 1 resignation 14-03Debts from €181,688 to €113,240

Key points

from the 2025 annual accounts

Equity

€317,096 from €2.7m in 2014

Equity fell by 88% in 11 years.

Turnover

≈ €660,000 estimated

The abbreviated format states no turnover.

Staff

1.4 FTE from 14.3 in 2006

Between 2006 and 2025, 90% of the full-time equivalents disappeared.

Liquidity

3.80 was 2.74 in 2024

Short-term debts fell from €181,688 to €113,240.

Filings

37 annual accounts since 1988
deadline1990200020102020

The 2019 accounts came 31 days late. The other nine of the last ten were filed on time.

At the same address

5 companies
  • ACem seat since 22-07-2025
  • PaMe seat since 02-12-2021
  • ABO GLOBAL TRADING seat since 04-10-2017

Checked score

95
Excellent
Financially stronger than 59% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: 0.1%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025highest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

Solvency
99+10equity 73.7% of total assets
Liquidity
90+17short-term debt 26.3% · cash 55.5%
Profitability
38-4return on assets 0.0%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 3.80, cash €238,918
Equity €317,096 (73.7% of total assets)
Founded in 1988
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 78% of them on solvency, 89% on liquidity, 30% on profitability and 41% on growth.

The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as ABO Operations has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of ABO Operations itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,041 companies, not a prediction for ABO Operations. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.8 (2.74 in 2024), above the usual 1.5. Short-term debt is 26.3% and cash 55.5% of total assets. 26.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 3.80, cash €238,918
NBB · annual accounts
lowers risk · Equity €317,096 (73.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1988
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-01-2026, 104 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
104 days early
2024
63 days early
2023
102 days early
2022
108 days early
2021
1 day early
2020
15 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 19 January (4 of the last 5 accounts filed within 38 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end06-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BB
BeiNControl BV
Director, Bart Jacobs, since 21-12-2023
PB
Power2Create BV
Director, since 21-12-2023
SB
Sumaco Beheer
Director
PB
PKF Bofidi Audit BV
Auditor, Jeroen Rans
  • ABO GLOBAL 100%score 94equity €5.5m (2025) · 30-09-2025 annual accounts of ABO GLOBAL
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0433572281
Registered office moved within Lummen New registered office: Pastorijstraat 1A-1B, 3560 Lummen · Previous registered office: Dellestraat 30, 3560 Lummen, België · Reappointment: PKF Bofidi Audit BV (statutory auditor) · Board meeting of 17-02-2025 · Gazette deed
1 director appointed, 1 resignation Appointment: BeiNControl BV · Permanent representatives: Bart Jacobs and Peter Verguts · Resignation: Convinto BV · General meeting of 21-02-2025 · Gazette deed
1 statutory auditor appointed Permanent representatives: Verguts Peter and Alenus Jeffrey · BB3 Audit (statutory auditor) · General meeting of 27-04-2022 · Gazette deed
All 51 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
ABO Operations Lummen €0.4m €128,331 73.7% 1.4
MNE Belgium Aartselaar €0.4m €192,773 64.9% 1
J. OLIESLAEGER & CO Temse €1.1m €238,751 67.7% 1.9
GENTSE OUD PAPIERCENTRALE Ghent €1.1m €293,072 47.4% 2.5
DE KEUKELEIRE G & F Ghent €1.6m €69,256 95.7% 1.3
ROMEBO Tienen €0.3m €151,342 76.6% -
MONATEX Temse €1.1m €230,405 18.1% 3.7

These companies have the same main activity as ABO Operations: wholesale trade (NACE 46872). They are comparable in size and age: total assets between €305,000 and €1.6m, founded between 1989 and 1994.

Official details

Source: KBO
Status
Active since 10-03-1988Normal situation
Activity
Wholesale tradeNACE 46872and 3 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
Establishment unit
2.102.659.3973560 Lummen, since 23-04-1990
Financial year end
30 September
Peppol
Reachable since 08-12-2025
Company details

Annual accounts to 30-09-2025

Total assets
€430,336▼ 13.7%
Employeeson 30-09-2025
1▼ 50.0%
Filing
Filed on 16-01-2026, 104 days before the end of the filing period
Financials

Insights on ABO Operations

ABO Operations files the abbreviated format. That format states no turnover. The gross margin fell from €601,884 in 2009 to €128,331 in 2025.

ABO GLOBAL holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ABO Operations

What is the company number of ABO Operations?
The company number of ABO Operations is 0433.572.281. The VAT number is the same number with BE in front: BE 0433.572.281.
Where is ABO Operations based?
The registered office is at Pastorijstraat 1A, 3560 Lummen.Company details
What does ABO Operations do?
According to the KBO register, the main activity is wholesale trade (NACE 46872).
What is the legal form of ABO Operations?
ABO Operations is a public limited company (NV).
When was ABO Operations founded?
ABO Operations was founded on 10-03-1988.
Is ABO Operations still active?
Yes, ABO Operations is an active enterprise in the KBO register.
How many employees does ABO Operations have?
ABO Operations had an average of 1.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ABO Operations fall under?
In its 30-09-2025 annual accounts, ABO Operations states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ABO Operations?
The turnover in financial year 2025 is ≈ €660,000. This figure is estimated from the gross margin of €128,331 and 103 comparable companies (NACE 46). It probably lies between €330,000 and €1.2m. In financial year 2022 turnover was €2.3m.
Is ABO Operations profitable?
In financial year 2025, ABO Operations made a profit of €73.
Where can I find the annual accounts of ABO Operations?
ABO Operations filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ABO Operations due?
ABO Operations must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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