ABSJAAR
Open bankruptcyA bankruptcy procedure is open for ABSJAAR according to publications in the Belgian State Gazette; curator: STEFAAN DE BOECK. The 2023 annual accounts show equity of €66k and a net result of €10k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-09-2024, 47 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
47 d late
2022
359 d late
2021
589 d late
2020
277 d late
2019
131 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Turnover
€261k
EBIT margin
5.3%
Net result
€10k▼ 75.1%
2022 · €40k
2018: €15k
2019: €39k
2020: €-18k
2021: €-2k
2022: €40k
2018 → 2023
Working capital
€30k▼ 33.6%
2022 · €46k
2018: €-6k
2019: €23k
2020: €33k
2021: €8k
2022: €46k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€37k-€19k▼ 49.6%€16k▼ 13.3%€56k▲ 247%€66k▲ 17.7%
Operating result€47k-€-16k€-4k▲ 73.5%€40k€30k▼ 26.5%
Net result€39k-€-18k€-2k▲ 86.4%€40k€10k▼ 75.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 26% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €157k
Fixed assets
€61k▲ 30.7%
Current assets
€96k▼ 9.5%
Equity and liabilities €157k
Equity
€66k▲ 17.7%
Debt
€91k▼ 5.9%
The debt ratio falls from 63.2% to 57.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2022 · €53k
Cash flow
€18k▼
2022 · €52k
Solvency
42.2%▲
2022 · 36.8%
Current ratio
1.47▼
2022 · 1.76
Quick ratio
1.47▼
2022 · 1.76
Debt / equity
1.37▼
2022 · 1.72
ROE
15.0%▼
2022 · 71.2%
ROA
6.3%▼
2022 · 26.2%
Interest coverage
36.40▲
2022 · 32.72
Debt
€91k▼
2022 · €97k
Debt ≤ 1 year
€65k▲
2022 · €60k
Debt > 1 year
€25k▼
2022 · €36k
Income taxes
€22k▲
2022 · €4k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€153k€157k▲
Fixed assets21/28€47k€61k▲
Tangible fixed assets22/27€29k€21k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€9k€9k▼
Other tangible fixed assets26€16k€10k▼
Financial fixed assets28€18k€40k▲
Current assets29/58€106k€96k▼
Amounts receivable within one year40/41€103k€96k▼
Trade receivables40-€29k
Other amounts receivable41€103k€67k▼
Cash at bank and in hand54/58€3k€35▼
Equity and liabilities
Total equity and liabilities10/49€153k€157k▲
Equity10/15€56k€66k▲
Contributions10/11€19k€19k=
Reserves13€96€96=
Non-distributable reserves130/1€96€96=
Reserves not available under the articles1311€96€96=
Profit (loss) carried forward14€38k€48k▲
Amounts payable17/49€97k€91k▼
Amounts payable after more than one year17€36k€25k▼
Financial debts170/4€1k-
Other amounts payable178/9€35k€25k▼
Amounts payable within one year42/48€60k€65k▲
Trade debts44€39k€39k▲
Suppliers440/4€39k€39k▲
Taxes, remuneration and social security45€6k€23k▲
Taxes450/3€6k€23k▲
Other amounts payable47/48€15k€3k▼
Accrued charges and deferred income492/3-€445
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€8k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€56k€40k▼
Operating profit (loss)9901€40k€30k▼
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€44k€32k▼
Income taxes67/77€4k€22k▲
Profit (loss) for the period9904€40k€10k▼
Profit (loss) for the period to be appropriated9905€40k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€48k▲
Profit (loss) brought forward from the previous period14P€-2k€38k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-12
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · ABSJAAR BVBA SINT-JANS- VLIET 13, 2000 ANTWERPEN 1 · event 09-12-2025
2024
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 47 days late
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 359 days late
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 589 days late
2022
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 277 days late
2020
31-12
Financial
Weakest financial yearnet €-18k ▼147%
Net result drops to €-18k, the lowest in the series.
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
2019
28-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 89 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 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, Antwerpen · 1 establishment unit since 2012
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.
Sint-Jansvliet 132000 AntwerpenGround area
68 m²
Building footprint
49 m²
Volume, LiDAR
518 m³
Parcel 11804D0132/00B000, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Café den Abjaar
since 20122.213.922.456
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0132/00B000 | Flanders | 68 m² | 1 · 49 m² | 12.6 m · 4 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 | STEFAAN DE BOECK KONINKLIJKELAAN 60,
2600 BERCHEM (ANTWERPEN) |
09-12-2025 → present |
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,894. 3,954 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-2012
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.