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ABSOLUTE JAVA CONTROL

Active
Private limited company (pre-2019)founded 2012active for 14 yearsWaaienbergstraat 51, 1050 Elsene, BelgiumKBO/BCE: BE 0844.439.636
Summary

The computed 12-month bankruptcy probability of ABSOLUTE JAVA CONTROL is 4.7% (elevated). The 2024 annual accounts show equity of €141,121 and a net result of -€5,043. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 95% of 35,974 sector peers (NACE 43, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 29 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€5,043▼ 271%
2023 · -€1,359
Working capital
€137,929▼ 1.9%
2023 · €140,663
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result stays negative: a loss of €12,461 in 2024 against €4,612 in 2023; the loss grows and 2024 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€12,461 2024 Net result-€5,043 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€17,853--€6,544€30,073€20,482▼ 31.9%€40,722▲ 98.8%-€4,612-€12,461▼ 170%
Net result€14,224--€4,718€24,276within the sector's middle half€17,843within the sector's middle half▼ 26.5%€31,828within the sector's middle half▲ 78.4%-€1,359below the sector's middle half-€5,043below the sector's middle half▼ 271%
Equity€78,293-€73,575▼ 6.0%€97,851within the sector's middle half▲ 33.0%€115,694within the sector's middle half▲ 18.2%€147,522within the sector's middle half▲ 27.5%€146,163above the sector's middle half▼ 0.9%€141,121above the sector's middle half▼ 3.4%
Total assets€93,992-€90,544▼ 3.7%€122,540below the sector's middle half▲ 35.3%€145,088below the sector's middle half▲ 18.4%€184,226below the sector's middle half▲ 27.0%€165,353within the sector's middle half▼ 10.2%€149,312within the sector's middle half▼ 9.7%
Debt€15,698-€16,969▲ 8.1%€24,690▲ 45.5%€29,394▲ 19.1%€36,704▲ 24.9%€19,189▼ 47.7%€8,191▼ 57.3%
Working capital€76,644-€71,182▼ 7.1%€95,355within the sector's middle half▲ 34.0%€113,815within the sector's middle half▲ 19.4%€146,233within the sector's middle half▲ 28.5%€140,663above the sector's middle half▼ 3.8%€137,929above the sector's middle half▼ 1.9%
Solvency83.3%-81.3%▼ 2.0pp79.9%above the sector's middle half▼ 1.4pp79.7%above the sector's middle half▼ 0.1pp80.1%above the sector's middle half▲ 0.3pp88.4%above the sector's middle half▲ 8.3pp94.5%above the sector's middle half▲ 6.1pp
Current ratio5.90-5.26▼ 0.654.89above the sector's middle half▼ 0.374.90above the sector's middle half▲ 0.015.04above the sector's middle half▲ 0.148.33above the sector's middle half▲ 3.2917.84above the sector's middle half▲ 9.51
Return on assets (ROA)15.1%--5.2%▼ 20.3pp19.8%above the sector's middle half▲ 25.0pp12.3%above the sector's middle half▼ 7.5pp17.3%above the sector's middle half▲ 5.0pp-0.8%below the sector's middle half▼ 18.1pp-3.4%below the sector's middle half▼ 2.6pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €149,312
Fixed assets €3,191 ▼ 42.0%
Current assets €146,120 ▼ 8.6%
Equity and liabilities €149,312
Equity €141,121 ▼ 3.4%
Debt €8,191 ▼ 57.3%
Debt's share of the balance-sheet total falls from 11.6% to 5.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€10,152▼
2023 · -€3,105
Cash flow
-€2,734▼
2023 · €149
Debt to equity
0.06▼
2023 · 0.13
ROE
-3.6%▼
2023 · -0.9%
Interest coverage
-128.42▼
2023 · -6.44
Debt ≤ 1 year
€8,191▼
2023 · €19,189
Income taxes
-€245▼
2023 · €412
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,908 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,908 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€165,353€149,312▼
Fixed assets21/28€5,500€3,191▼
Tangible fixed assets22/27€5,290€2,981▼
Plant, machinery and equipment23€173-
Furniture and vehicles24€5,117€2,981▼
Financial fixed assets28€210€210=
Current assets29/58€159,853€146,120▼
Amounts receivable within one year40/41€102,659€146,120▲
Trade receivables40€18,281€1,186▼
Other amounts receivable41€84,378€144,934▲
Cash at bank and in hand54/58€57,193-
Equity and liabilities
Total equity and liabilities10/49€165,353€149,312▼
Equity10/15€146,163€141,121▼
Contributions10/11€12,400€12,400=
Reserves13€135,122€135,122=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€133,262€133,262=
Profit (loss) carried forward14-€1,359-€6,401▼
Amounts payable17/49€19,189€8,191▼
Amounts payable within one year42/48€19,189€8,191▼
Trade debts44€2,386€3,314▲
Suppliers440/4€2,386€3,314▲
Taxes, remuneration and social security45€16,803€4,877▼
Taxes450/3€16,803€4,877▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,508€2,309▲
Other operating charges640/8€9,773-
Gross operating margin9900€6,668-€10,152▼
Operating profit (loss)9901-€4,612-€12,461▼
Financial income75/76B€4,148€7,252▲
Recurring financial income75€4,148€7,252▲
Financial charges65/66B€482€79▼
Recurring financial charges65€482€79▼
Profit (loss) for the period before taxes9903-€946-€5,288▼
Income taxes67/77€412-€245▼
Profit (loss) for the period9904-€1,359-€5,043▼
Profit (loss) for the period to be appropriated9905-€1,359-€5,043▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1,359-€6,401▼
Profit (loss) brought forward from the previous period14P--€1,359

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€640€1,262€1,179€1,209€1,175€1,508€2,309▲ 53.1%
Other operating charges640/8-----€9,773--
Gross operating margin9900€19,068-€5,216€31,545€21,691€41,896€6,668-€10,152-
Operating profit (loss)9901€17,853-€6,544€30,073€20,482€40,722-€4,612-€12,461▼ 170%
Financial income75/76B---€3,500€4,542€4,148€7,252▲ 74.8%
Recurring financial income75€3,139€2,966€4,867€3,500€4,542€4,148€7,252▲ 74.8%
Financial charges65/66B---€204€326€482€79▼ 83.6%
Recurring financial charges65€255€634€164€204€326€482€79▼ 83.6%
Profit (loss) for the period before taxes9903€20,737-€4,212€34,776€23,779€44,938-€946-€5,288▼ 459%
Income taxes67/77€6,513€506€10,500€5,935€13,109€412-€245-
Profit (loss) for the period9904€14,224-€4,718€24,276€17,843€31,828-€1,359-€5,043▼ 271%
Profit (loss) for the period to be appropriated9905€14,224-€4,718€24,276€17,843€31,828-€1,359-€5,043▼ 271%
Line2018201920202021202220232024Change
Assets
Total assets20/58€93,992€90,544€122,540€145,088€184,226€165,353€149,312▼ 9.7%
Fixed assets21/28€1,720€2,646€2,689€2,072€1,760€5,500€3,191▼ 42.0%
Tangible fixed assets22/27€1,510€2,436€2,479€1,862€1,550€5,290€2,981▼ 43.6%
Plant, machinery and equipment23---€1,433€618€173--
Furniture and vehicles24---€429€932€5,117€2,981▼ 41.7%
Financial fixed assets28€210€210€210€210€210€210€210=
Current assets29/58€92,272€87,898€119,852€143,016€182,466€159,853€146,120▼ 8.6%
Amounts receivable within one year40/41€82,689€74,722€77,157€85,640€87,230€102,659€146,120▲ 42.3%
Trade receivables40---€24,924€15,155€18,281€1,186▼ 93.5%
Other amounts receivable41---€60,716€72,075€84,378€144,934▲ 71.8%
Cash at bank and in hand54/58€9,583€13,176€42,695€57,376€95,236€57,193--
Equity and liabilities
Total equity and liabilities10/49€93,992€90,544€122,540€145,088€184,226€165,353€149,312▼ 9.7%
Equity10/15€78,293€73,575€97,851€115,694€147,522€146,163€141,121▼ 3.4%
Contributions10/11€12,400€12,400-€12,400€12,400€12,400€12,400=
Reserves13€65,893€61,175€85,451€103,294€135,122€135,122€135,122=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860=
Distributable reserves133---€101,434€133,262€133,262€133,262=
Profit (loss) carried forward14------€1,359-€6,401▼ 371%
Amounts payable17/49€15,698€16,969€24,690€29,394€36,704€19,189€8,191▼ 57.3%
Amounts payable within one year42/48€15,628€16,717€24,497€29,201€36,233€19,189€8,191▼ 57.3%
Trade debts44€1,395€2,033€5,092€7,606€6,293€2,386€3,314▲ 38.9%
Suppliers440/4---€7,606€6,293€2,386€3,314▲ 38.9%
Taxes, remuneration and social security45---€19,983€28,328€16,803€4,877▼ 71.0%
Taxes450/3---€19,983€28,328€16,803€4,877▼ 71.0%
Other amounts payable47/48---€1,612€1,612---
Accrued charges and deferred income492/3---€193€471---
Line2018201920202021202220232024Change
Profit (loss) for the period9904€14,224-€4,718€24,276€17,843€31,828-€1,359-€5,043▼ 271%
+ Depreciation and write-downs630€640€1,262€1,179€1,209€1,175€1,508€2,309▲ 53.1%
Operating cash flow (approximation)€14,863-€3,456€25,454€19,052€33,003€149-€2,734-
Investment in fixed assets (approximation)--€2,188-€1,221-€592-€863-€5,248€0-
Change in cash-€3,593€29,519€14,681€37,860-€38,043--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 18-11-2025 2025-00569245
31-12-2023 micro format 30-10-2025 2025-00561576
31-12-2022 full format 13-12-2023 2023-00527427
31-12-2021 full format 30-09-2022 2022-20454267
31-12-2020 full format 29-12-2021 2021-82000482
31-12-2019 full format 29-12-2020 2020-77400489
31-12-2018 full format 30-09-2019 2019-67700594
31-12-2017 full format 30-08-2018 2018-60200552
31-12-2016 full format 31-08-2017 2017-58500110
31-12-2015 full format 30-08-2016 2016-53200107

Show all 13 filings

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