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ABR & CO

Open bankruptcy
Private limited company (pre-2019)founded 2015Borselhoeve 2, 2322 Hoogstraten, BelgiumKBO/BCE: BE 0635.859.150

A bankruptcy procedure is open for ABR & CO according to publications in the Belgian State Gazette; curator: MARK BRUURS. The 2019 annual accounts show equity of €203k and a net result of €52k.

Signals

Three signals.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, full schema

Turnover
€943k▼ 4.7%
2018 · €990k
2018: €990k
2018 → 2019
EBIT margin
6.7%▼ 4.8pp
2018 · 11.6%
2018: 11.6%
2018 → 2019
Net result
€52k▼ 43.6%
2018 · €92k
2018: €92k
2018 → 2019
Working capital
€173k▲ 54.0%
2018 · €113k
2018: €113k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Turnover€990k-€943k▼ 4.7%
Equity€152k-€203k▲ 34.2%
Operating result€114k-€63k▼ 44.7%
Net result€92k-€52k▼ 43.6%
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2018: €114k€114kNet result 2018: €92k€92kOperating result 2019: €63k€63kNet result 2019: €52k€52k20182019
The operating result falls in 2019; 2019 is 45% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €458k
Fixed assets €30k▼ 23.1%
Current assets €428k▲ 73.5%
Equity and liabilities €458k
Equity €203k▲ 34.2%
Debt €255k▲ 89.9%
The debt ratio rises from 46.9% to 55.6%: debt grows faster than equity.
Key figures and ratios
2019 value · change against 2018
EBITDA
€73k
2018 · €124k
Cash flow
€62k
2018 · €102k
Solvency
44.4%
2018 · 53.1%
Current ratio
1.68
2018 · 1.84
Quick ratio
1.68
2018 · 1.84
ROE
25.5%
2018 · 60.6%
ROA
11.3%
2018 · 32.2%
Debt
€255k
2018 · €134k
Debt ≤ 1 year
€255k
2018 · €134k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2019 against 2018
Balance sheet Code20182019
Assets
Total assets20/58€286k€458k
Fixed assets21/28€39k€30k
Tangible fixed assets22/27€39k€29k
Financial fixed assets28€423€1k
Current assets29/58€247k€428k
Amounts receivable within one year40/41€232k€421k
Cash at bank and in hand54/58€13k€7k
Equity and liabilities
Total equity and liabilities10/49€286k€458k
Equity10/15€152k€203k
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€144k€195k
Amounts payable17/49€134k€255k
Amounts payable within one year42/48€134k€255k
Trade debts44€8k€28k
Income statement Code20182019
Turnover70€990k€943k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Gross operating margin9900€131k€78k
Operating profit (loss)9901€114k€63k
Recurring financial income75€30-
Recurring financial charges65€313€30
Profit (loss) for the period before taxes9903€96k€52k
Income taxes67/77€4k-
Profit (loss) for the period9904€92k€52k
Profit (loss) for the period to be appropriated9905€92k€52k

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Timeline · acts, filings and financial milestones

2022
30-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · ABR & CO BV BORSELHOEVE 2, 2322 MINDERHOUT · event 24-05-2022
2021
12-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 196 days late
2019
31-12
Financial Equity above €200kEq €203k ▲34.2%
2 profitable years in a row build equity to €203k.
26-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 118 days late
2018
26-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 148 days late
2017
29-12
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 151 days late
SignalFinancial 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, Hoogstraten · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Borselhoeve 22322 Hoogstraten
Ground area
465 m²
Building footprint
128 m²
Volume, LiDAR
551 m³
Parcel 13024B0064/00E000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ABR ZORGT
Borselhoeve 2, 2322 HoogstratenSocial work activities without accommodation
since 20152.246.283.438
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13024B0064/00E000 Flanders 465 m² 1 · 128 m² 8.2 m · 2 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 MARK BRUURS
ALPHENSEWEG 12, 2387 BAARLE- HERTOG
24-05-2022 → present

Similar companies · same sector, comparable size

Of 577 companies in sector 88101 we hold annual accounts for 140. 90 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded28-08-2015
Fiscal year end31-12
Activities, NACEBEL
88101Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.