ABSF
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 27-04-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 23% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | - | €1,750 |
| Depreciation and write-downs of the year | - | €286 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Wallonia-Brussels Federation
2025 · 1 entry · €82 in total| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €286 | - |
| Other operating charges640/8 | €200 | €424 | ▲ 112% |
| Gross operating margin9900 | €51,940 | €40,390 | ▼ 22.2% |
| Operating profit (loss)9901 | €51,740 | €39,680 | ▼ 23.3% |
| Financial income75/76B | - | €68 | - |
| Recurring financial income75 | - | €68 | - |
| Financial charges65/66B | €185 | €45 | ▼ 75.7% |
| Recurring financial charges65 | €185 | €45 | ▼ 75.7% |
| Profit (loss) for the period before taxes9903 | €51,554 | €39,703 | ▼ 23.0% |
| Income taxes67/77 | €11,730 | €8,715 | ▼ 25.7% |
| Profit (loss) for the period9904 | €39,824 | €30,989 | ▼ 22.2% |
| Profit (loss) for the period to be appropriated9905 | €39,824 | €30,989 | ▼ 22.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €53,636 | €75,847 | ▲ 41.4% |
| Fixed assets21/28 | - | €1,464 | - |
| Tangible fixed assets22/27 | - | €1,464 | - |
| Furniture and vehicles24 | - | €1,464 | - |
| Current assets29/58 | €53,636 | €74,383 | ▲ 38.7% |
| Amounts receivable within one year40/41 | €13,559 | €7,789 | ▼ 42.6% |
| Trade receivables40 | €3,289 | €3,983 | ▲ 21.1% |
| Other amounts receivable41 | €10,270 | €3,806 | ▼ 62.9% |
| Cash at bank and in hand54/58 | €38,842 | €64,464 | ▲ 66.0% |
| Deferred charges and accrued income490/1 | €1,235 | €2,130 | ▲ 72.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €53,636 | €75,847 | ▲ 41.4% |
| Equity10/15 | €42,824 | €73,813 | ▲ 72.4% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Capital10 | €3,000 | €3,000 | = |
| Issued capital100 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €39,824 | €70,813 | ▲ 77.8% |
| Amounts payable17/49 | €10,812 | €2,034 | ▼ 81.2% |
| Amounts payable within one year42/48 | €10,812 | €832 | ▼ 92.3% |
| Trade debts44 | €6,356 | €832 | ▼ 86.9% |
| Suppliers440/4 | €6,356 | €832 | ▼ 86.9% |
| Taxes, remuneration and social security45 | €909 | - | - |
| Taxes450/3 | €909 | - | - |
| Other amounts payable47/48 | €3,548 | - | - |
| Accrued charges and deferred income492/3 | - | €1,202 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €39,824 | €30,989 | ▼ 22.2% |
| + Depreciation and write-downs630 | - | €286 | - |
| Operating cash flow (approximation) | €39,824 | €31,275 | ▼ 21.5% |
| Change in cash | - | €25,621 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as ABSF has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ABSF itself: 0.4% 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.
| 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 39,278 companies, not a prediction for ABSF. 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.