The computed 12-month bankruptcy probability of ABS is 24.5% (high). For ABS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €15,633 and a net result of €4,632. Equity is growing by about 41% per year across the filed financial years. Its solvency ranks better than 67% of 25,595 sector peers (NACE 47, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Signalsraises riskFigures for financial year 2024 (filed 07-03-2025)2 changes of registered office in 24 monthsEx-officio strike-off in the KBO1 financial year not filed after the legal deadline; 1 of the last 3 lateAnnual accounts not filedAdministrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: High
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency78+25
equity 52.5% of total assets
Liquidity77+62
short-term debt 47.5% · cash 40.9%
Profitability76+52
return on assets 15.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
24.5%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.6% (40,203 companies, NACE 47, micro)
Last 24 months11-2024: 3.4%12-2024: 3.5%▲ +0.1 percentage points vs 11-202401-2025: 3.7%▲ +0.2 percentage points vs 12-202402-2025: 4.5%▲ +0.8 percentage points vs 01-202503-2025: 4.6%▲ +0.1 percentage points vs 02-202504-2025: 0.6%▼ -4.0 percentage points vs 03-2025lowest value05-2025: 0.6%● unchanged vs 04-202506-2025: 1.1%▲ +0.5 percentage points vs 05-202507-2025: 1.1%● unchanged vs 06-202508-2025: 1.1%● unchanged vs 07-202509-2025: 1.1%● unchanged vs 08-202510-2025: 1.1%● unchanged vs 09-202511-2025: 2.0%▲ +0.9 percentage points vs 10-202512-2025: 2.1%▲ +0.1 percentage points vs 11-202501-2026: 2.3%▲ +0.2 percentage points vs 12-202502-2026: 2.7%▲ +0.4 percentage points vs 01-202603-2026: 7.7%▲ +5.0 percentage points vs 02-202604-2026: 7.7%● unchanged vs 03-202605-2026: 9.5%▲ +1.8 percentage points vs 04-202606-2026: 10.6%▲ +1.1 percentage points vs 05-202607-2026: 17.2%▲ +6.6 percentage points vs 06-202608-2026: 17.3%▲ +0.1 percentage points vs 07-202609-2026: 19.6%▲ +2.3 percentage points vs 08-202610-2026: 24.5%▲ +4.9 percentage points vs 09-2026highest value
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 65 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.