Liquidity
14.33 was 7.90 in 2024
Short-term debts fell from €456,162 to €292,724.
ABRIMMO
Lifetime
18 annual accounts with figures on one time axis, 30 filings since 1996peak €5.6m (2020)
€498,374▼ 14.9%
lowest -€403,149 (2023)
€79,199▼ 28.1%
peak €5.7m (2020)
€5.1m▲ 1.6%
€6.7m▲ 5.2%
Board3 names since 2020
2 directorsDE SMETH Patrick Frans Jean and 1 other
Documentsfilings and deeds
31-03-2026122 days before the deadline
2025abbreviated format
Gross margin from €585,507 to €498,374Result from €110,101 to €79,199Registered office moved from Buggenhout to Merchtem 28-11Cash from €370,906 to €674,685
Key points
from the 2025 annual accountsFilings
30 annual accounts since 1996
Four of the last ten came late. The 2020 accounts came latest: 61 days after the end of the period.
Position in the sector
€5.1m
More equity than 93% of companies in real estate. Sector median €300,201 · 11,304 companies.
Checked score
95
Excellent
Financially stronger than 63% of medium-sized companies in real estate (NACE 68)
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: 0.1% across 1,721 companies (NACE 68, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.2%▲ +0.1 percentage points vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026highest value
04-2026: 0.1%▼ -0.1 percentage points 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 strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 14.33, cash €674,685
lowers risk
Size: total assets €12.8m
Figures for financial year 2025 (filed on 31-03-2026)
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 68, medium-sized). It does better than 62% of them on solvency, 85% on liquidity, 52% on profitability and 52% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.
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, 1,887 companies had the same profile as ABRIMMO has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of ABRIMMO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 1,887 companies, not a prediction for ABRIMMO. 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 €480,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 14.33 (7.9 in 2024), above the usual 1.5. Short-term debt is 2.3% and cash 5.3% of total assets. However, 60% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 days early
2024
2 days early
2023
5 days early
2022
31 days late
2021
31 days late
2020
61 days late
2019
18 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 2 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Buggenhout to Merchtem
New registered office: Kerkhofstraat 41, 1785 Merchtem · Previous registered office: Hoge Jan 30, 9255 Buggenhout · General meeting of 29-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0456999860
Appointment: De Smeth Laurens (director)
Board meeting of 11-10-2024 · Gazette deed
Merger: ABRU-ASSUR takes over HOLDING ABRU-FINANCE
Company renamed from ABRU-ASSUR to ABRIMMO · Resignations: DE SMETH Patrick Frans Jean (manager), ABRU-ASSUR and ABRIMMO · Reappointment: DE SMETH Patrick Frans Jean (director) · General meeting of 30-04-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ABRIMMO Merchtem | €12.8m | €498,374 | 40.0% | - |
| FP INVEST Asse | €12.2m | €597,232 | 26.2% | - |
| AARE Asse | €13.7m | €444,834 | 65.9% | - |
| ANVIPAR SA Brussels | €14.0m | €517,542 | 90.2% | - |
| PROMEA Ghent | €12.5m | €570,737 | 59.0% | 0 |
| PAEPSEM Ghent | €13.7m | €409,495 | 57.8% | - |
| Adimmo Invest Knokke-Heist | €12.8m | €627,365 | 65.7% | - |
These companies have the same main activity as ABRIMMO: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €12m and €14m, founded between 1991 and 1997.
Official details
Source: KBO- Status
- Active since 11-01-1996Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.079.028.1201785 Merchtem, since 08-11-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 25-11-2025
Annual accounts 2025
- ≈ €550,000estimated
- €12.8m▲ 2.9%
- Filing
- Filed on 31-03-2026, 122 days before the end of the filing period
Insights on ABRIMMO
ABRIMMO files the abbreviated format. That format states no turnover. The gross margin rose from €7,166 in 2008 to €498,374 in 2025.
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 ABRIMMO
- What is the company number of ABRIMMO?
- The company number of ABRIMMO is 0456.999.860. The VAT number is the same number with BE in front: BE 0456.999.860.
- Where is ABRIMMO based?
- The registered office is at Kerkhofstraat 41, 1785 Merchtem.Company details
- What does ABRIMMO do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of ABRIMMO?
- ABRIMMO is a private limited company (BV).
- When was ABRIMMO founded?
- ABRIMMO was founded on 11-01-1996.
- Is ABRIMMO still active?
- Yes, ABRIMMO is an active enterprise in the KBO register.
- What is the turnover of ABRIMMO?
- The turnover in financial year 2025 is ≈ €550,000. This figure is estimated from the gross margin of €498,374 and 39 comparable companies (NACE 68203). It probably lies between €520,000 and €690,000.Financials
- Is ABRIMMO profitable?
- In financial year 2025, ABRIMMO made a profit of €79,199.
- Where can I find the annual accounts of ABRIMMO?
- ABRIMMO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ABRIMMO due?
- ABRIMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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