ABP PROJECTS
ActiveSummary
ABP PROJECTS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €5k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 16% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-7
Solvency38▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.67 against 1.03 in 2023; short-term debt: 53.4% and cash: 0% of total assets), and 87.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
12.7%
Return on assets
1.5%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
84 d late
2022
85 d late
2021
31 d late
2020
90 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€42k▲ 13.6%
2023 · €37k
2019: €14k
2020: €21k
2021: €32k
2022: €13k
2023: €37k
2019 → 2024
Total assets
€331k▲ 5.3%
2023 · €314k
2019: €67k
2020: €244k
2021: €240k
2022: €239k
2023: €314k
2019 → 2024
Net result
€5k▼ 79.2%
2023 · €24k
2019: €1k
2020: €7k
2021: €11k
2022: €-19k
2023: €24k
2019 → 2024
Working capital
€-59k
2023 · €4k
2019: €13k
2020: €7k
2021: €11k
2022: €-14k
2023: €4k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€32k▲ 53.0%€13k▼ 60.3%€37k▲ 191%€42k▲ 13.6%
Operating result€11k-€12k▲ 9.2%€-18k€34k€10k▼ 71.1%
Net result€7k-€11k▲ 56.9%€-19k€24k€5k▼ 79.2%
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 2024; 2024 is 71% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331k
Fixed assets
€213k ▲ 37.8%
Current assets
€118k ▼ 26.3%
Equity and liabilities €331k
Equity
€42k ▲ 13.6%
Debt
€289k ▲ 4.2%
Debt's share of the balance-sheet total falls from 88.2% to 87.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23k▼
2023 · €42k
Cash flow
€18k▼
2023 · €32k
Current ratio
0.67▼
2023 · 1.03
Debt to equity
6.87▼
2023 · 7.49
ROE
12.0%▼
2023 · 65.7%
ROA
1.5%▼
2023 · 7.7%
Interest coverage
6.33▼
2023 · 45.45
Debt ≤ 1 year
€177k▲
2023 · €155k
Debt > 1 year
€112k▼
2023 · €122k
Income taxes
€1k▼
2023 · €9k
Staff costs
€708▼
2023 · €1k
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 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€314k€331k▲
Fixed assets21/28€155k€213k▲
Tangible fixed assets22/27€155k€213k▲
Land and buildings22€151k€147k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€751€61k▲
Current assets29/58€160k€118k▼
Amounts receivable within one year40/41€156k€118k▼
Trade receivables40€102k€106k▲
Other amounts receivable41€53k€12k▼
Cash at bank and in hand54/58€4k€1▼
Equity and liabilities
Total equity and liabilities10/49€314k€331k▲
Equity10/15€37k€42k▲
Contributions10/11€12k€12k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k-
Reserves not available under the articles1311€1k-
Distributable reserves133-€1k
Profit (loss) carried forward14€23k€28k▲
Amounts payable17/49€277k€289k▲
Amounts payable after more than one year17€122k€112k▼
Financial debts170/4€122k€112k▼
Amounts payable within one year42/48€155k€177k▲
Trade debts44€141k€156k▲
Suppliers440/4€141k€156k▲
Taxes, remuneration and social security45€14k€14k▲
Taxes450/3€14k€14k▲
Other amounts payable47/48-€7k
Income statement
Code20232024
Non-recurring operating income76A-€54k
Remuneration, social security and pensions62€1k€708▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€6k€2k▼
Gross operating margin9900€49k€26k▼
Operating profit (loss)9901€34k€10k▼
Financial charges65/66B€926€4k▲
Recurring financial charges65€926€4k▲
Profit (loss) for the period before taxes9903€33k€6k▼
Income taxes67/77€9k€1k▼
Profit (loss) for the period9904€24k€5k▼
Profit (loss) for the period to be appropriated9905€24k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€28k▲
Profit (loss) brought forward from the previous period14P€-927€23k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 85 days late
2022
31-12
Financial
Weakest financial yearnet €-19k ▼274%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ronse · 1 establishment unit since 2018
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.
Ommegangstraat 379600 RonseGround area
1.7 ha
Building footprint
1,577 m²
Volume, LiDAR
37,123 m³
2 parcels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Steenweg op Mechelen 455, 1950 Kraainem
since 20182.279.726.068
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 45041B1994/00A000 | Flanders | 5,602 m² | 1 · 712 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ETABLISSEMENTS YVES DEGREVE
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PLEISTERWERKEN WILLEMYNS
BE 0507.721.754
Kortemark · Eq €42,068
PLEISTERWERKEN MUYLLE
BE 0867.152.086
Harelbeke · Eq €42,044
STUCABERT PLEISTERWERK
BE 0759.599.476
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HURARD
BE 0644.608.055
Verviers · Eq €42,271
Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,500 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
Founded13-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.