ABSO
ActiveSummary
ABSO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €479,815 and a net result of -€38,182. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 7868 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-13
Solvency50▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.26 in 2024; short-term debt: 64.2% and cash: 4.1% of total assets), and 74.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
on the day
2023
1 d early
2022
71 d late
2021
79 d late
2020
61 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€479,815▼ 7.4%
2024 · €517,998
Total assets
€1.9m▲ 3.2%
2024 · €1.8m
Net result
-€38,182
2024 · €47,088
Working capital
€196,451▼ 40.9%
2024 · €332,561
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€187,859-€157,177▲ 16.3%-€12,865▲ 91.8%€97,810€7,552▼ 92.3%
Net result-€203,836-€180,988▲ 11.2%-€51,222▲ 71.7%€47,088-€38,182
Equity€703,120▼ 22.5%€522,132▼ 25.7%€470,910▼ 9.8%€517,998▲ 10.0%€479,815▼ 7.4%
Total assets€2.2m▼ 0.9%€2.2m▼ 2.1%€2.0m▼ 6.7%€1.8m▼ 8.7%€1.9m▲ 3.2%
Debt€1.5m▲ 14.0%€1.6m▲ 9.0%€1.5m▼ 5.7%€1.3m▼ 14.4%€1.4m▲ 7.3%
Working capital€467,277▼ 38.1%€264,487▼ 43.4%€247,976▼ 6.2%€332,561▲ 34.1%€196,451▼ 40.9%
Staff (FTE)12.1▼ 21.9%12.1=12.1=7.6▼ 37.2%6.2▼ 18.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€482,051 ▲ 97.7%
Current assets
€1.4m ▼ 11.3%
Equity and liabilities €1.9m
Equity
€479,815 ▼ 7.4%
Debt
€1.4m ▲ 7.3%
Debt's share of the balance-sheet total rises from 71.8% to 74.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€161,286▼
2024 · €218,971
Cash flow
€115,552▼
2024 · €168,248
Current ratio
1.16▼
2024 · 1.26
Quick ratio
0.97▼
2024 · 1.08
Debt to equity
2.95▲
2024 · 2.55
ROE
-8.0%▼
2024 · 9.1%
ROA
-2.0%▼
2024 · 2.6%
Interest coverage
3.44▼
2024 · 4.28
Debt ≤ 1 year
€1.2m▼
2024 · €1.3m
Debt > 1 year
€172,953▲
2024 · €29,285
Income taxes
€179▲
2024 · €166
Staff costs
€434,446▼
2024 · €485,507
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €17,500 | €500 | €2,715 | €0 | - | - |
| Remuneration, social security and pensions62 | €572,128 | €429,647 | €510,280 | €485,507 | €434,446 | ▼ 10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €126,083 | €120,701 | €129,237 | €121,160 | €153,734 | ▲ 26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €138,028 | €235,145 | €101,310 | €117,573 | €0 | ▼ 100% |
| Other operating charges640/8 | €19,718 | €28,596 | €5,313 | €13,739 | €8,618 | ▼ 37.3% |
| Gross operating margin9900 | €668,098 | €656,912 | €733,275 | €835,789 | €604,350 | ▼ 27.7% |
| Operating profit (loss)9901 | -€187,859 | -€157,177 | -€12,865 | €97,810 | €7,552 | ▼ 92.3% |
| Financial income75/76B | €6,707 | €3,397 | €224 | €652 | €1,334 | ▲ 105% |
| Recurring financial income75 | €6,707 | €3,397 | €224 | €652 | €1,334 | ▲ 105% |
| Financial charges65/66B | €20,934 | €27,286 | €38,420 | €51,208 | €46,890 | ▼ 8.4% |
| Recurring financial charges65 | €20,934 | €27,286 | €38,420 | €51,208 | €46,890 | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | -€202,086 | -€181,066 | -€51,061 | €47,254 | -€38,004 | ▼ 180% |
| Income taxes67/77 | €1,750 | -€78 | €161 | €166 | €179 | ▲ 7.4% |
| Profit (loss) for the period9904 | -€203,836 | -€180,988 | -€51,222 | €47,088 | -€38,182 | ▼ 181% |
| Transfer from tax-exempt reserves789 | €6,579 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€197,257 | -€180,988 | -€51,222 | €47,088 | -€38,182 | ▼ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.2m | €2.0m | €1.8m | €1.9m | ▲ 3.2% |
| Fixed assets21/28 | €358,895 | €410,576 | €301,490 | €243,825 | €482,051 | ▲ 97.7% |
| Tangible fixed assets22/27 | €357,334 | €409,015 | €299,929 | €242,264 | €480,490 | ▲ 98.3% |
| Land and buildings22 | - | - | - | - | €66,884 | - |
| Plant, machinery and equipment23 | €135,977 | €111,271 | €81,926 | €69,274 | €85,766 | ▲ 23.8% |
| Furniture and vehicles24 | €11,388 | €9,706 | €7,231 | €3,140 | €15,485 | ▲ 393% |
| Leasing and similar rights25 | €209,969 | €288,038 | €210,772 | €169,850 | €312,354 | ▲ 83.9% |
| Financial fixed assets28 | €1,561 | €1,561 | €1,561 | €1,561 | €1,561 | = |
| Current assets29/58 | €1.8m | €1.7m | €1.7m | €1.6m | €1.4m | ▼ 11.3% |
| Stocks and contracts in progress3 | €270 | €20,146 | €60,458 | €225,599 | €229,480 | ▲ 1.7% |
| Contracts in progress37 | €270 | €20,146 | €60,458 | €225,599 | €229,480 | ▲ 1.7% |
| Amounts receivable within one year40/41 | €1.8m | €1.6m | €1.5m | €1.3m | €1.1m | ▼ 16.7% |
| Trade receivables40 | €1.6m | €1.5m | €1.4m | €1.2m | €990,845 | ▼ 19.5% |
| Other amounts receivable41 | €198,926 | €161,297 | €76,692 | €60,304 | €84,602 | ▲ 40.3% |
| Cash at bank and in hand54/58 | €71,402 | €50,509 | €102,029 | €50,878 | €78,372 | ▲ 54.0% |
| Deferred charges and accrued income490/1 | €20,165 | €29,878 | €32,268 | €27,721 | €31,712 | ▲ 14.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.2m | €2.0m | €1.8m | €1.9m | ▲ 3.2% |
| Equity10/15 | €703,120 | €522,132 | €470,910 | €517,998 | €479,815 | ▼ 7.4% |
| Contributions10/11 | €115,200 | €115,200 | €115,200 | €115,200 | €115,200 | = |
| Reserves13 | €785,177 | €785,177 | €785,177 | €785,177 | €785,177 | = |
| Non-distributable reserves130/1 | €12,745 | €12,745 | €0 | - | - | - |
| Reserves not available under the articles1311 | €12,745 | €12,745 | €0 | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €772,432 | €772,432 | €785,177 | €785,177 | €785,177 | = |
| Profit (loss) carried forward14 | -€197,257 | -€378,245 | -€429,467 | -€382,379 | -€420,562 | ▼ 10.0% |
| Amounts payable17/49 | €1.5m | €1.6m | €1.5m | €1.3m | €1.4m | ▲ 7.3% |
| Amounts payable after more than one year17 | €119,159 | €138,434 | €61,565 | €29,285 | €172,953 | ▲ 491% |
| Financial debts170/4 | €119,159 | €138,434 | €61,565 | €29,285 | €172,953 | ▲ 491% |
| Amounts payable within one year42/48 | €1.4m | €1.5m | €1.5m | €1.3m | €1.2m | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | €98,804 | €109,519 | €76,869 | €62,266 | €79,892 | ▲ 28.3% |
| Financial debts43 | €200,000 | €200,000 | €200,000 | €200,000 | €50,000 | ▼ 75.0% |
| Credit institutions430/8 | €200,000 | €200,000 | €200,000 | €200,000 | €50,000 | ▼ 75.0% |
| Trade debts44 | €592,076 | €502,246 | €259,769 | €157,407 | €184,651 | ▲ 17.3% |
| Suppliers440/4 | €592,076 | €502,246 | €259,769 | €157,407 | €184,651 | ▲ 17.3% |
| Taxes, remuneration and social security45 | €45,201 | €33,058 | €57,829 | €16,194 | €17,887 | ▲ 10.5% |
| Taxes450/3 | €7,227 | €6,362 | €6,038 | €6,412 | €3,254 | ▼ 49.2% |
| Remuneration and social security454/9 | €37,974 | €26,696 | €51,792 | €9,782 | €14,633 | ▲ 49.6% |
| Other amounts payable47/48 | €440,964 | €637,103 | €868,990 | €826,262 | €886,130 | ▲ 7.2% |
| Accrued charges and deferred income492/3 | €3,893 | €14,497 | €16,990 | €29,103 | €25,734 | ▼ 11.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€203,836 | -€180,988 | -€51,222 | €47,088 | -€38,182 | ▼ 181% |
| + Depreciation and write-downs630 | €126,083 | €120,701 | €129,237 | €121,160 | €153,734 | ▲ 26.9% |
| Operating cash flow (approximation) | -€77,753 | -€60,287 | €78,015 | €168,248 | €115,552 | ▼ 31.3% |
| Investment in fixed assets (approximation) | - | -€172,382 | -€20,150 | -€63,496 | -€391,960 | ▼ 517% |
| Change in cash | - | -€20,894 | €51,520 | -€51,151 | €27,495 | ▲ 154% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €47,088
Net result €47,088 after 3 loss-making years.
31-12
Financial
Equity above €500,000Eq €517,998 ▲10%
Equity rises from €470,910 to €517,998.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 71 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 79 days late
2021
31-12
Financial
Weakest financial yearnet -€203,836
Net result drops to -€203,836, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 97 days late
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 57 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Evergem · 1 establishment unit since 2002
Ground area
4,885 m²
Building footprint
712 m²
Volume, LiDAR
5,865 m³
Parcel 44302E1499/00_000, Flanders · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Buntstraat 90, 9940 Evergem
since 20022.114.620.586
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E1499/00_000 | Flanders | 4,885 m² | 1 · 712 m² | 8.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 552 EUR awarded · 552 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 552 EUR | 552 EUR |
Recognitions · licences · registrations
Recognised contractor
5 categoriesABSO BV34534
Similar companies · same sector, comparable size
BAARBEEK
BE 0872.203.709
Antwerpen · Eq €482,047
PETEAU
BE 0890.997.953
Manage · Eq €476,546
M.I.M & CO
BE 0657.771.450
Schaarbeek · Eq €484,729
HAVOLLI
BE 0746.795.674
Tielt · Eq €491,816
ETS TASPINAR
BE 0807.233.901
Brussel · Eq €461,382
Of 1,366 companies in sector 43110 we hold annual accounts for 635. 429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-03-2002
Fiscal year end31-12
Activities, NACEBEL 2025
43110Demolition
43120Site preparation
41001General construction of residential buildings
41003General construction of other non-residential buildings
43310Plastering work
43331Floor and wall tiling
43910Bricklaying and masonry work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.