ABSORB

Active Private limited companyfounded 1992active for 34 yearsBrusselsesteenweg 261, 9050 GhentKBO/BCE: BE 0446.629.669

ABSORB

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 11-08-2026, 11 days late

€1.8m

▼ 0.5%

€8,652

▲ €29,780

€3,040

▲ €44,179

€500,862

▲ 12.9%

60.2%

▲ 5.3 percentage points

1.62

▲ 0.16

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €3.0m. Estimated: probably between €2.0m and €5.0m.

Balance sheet

balance sheet total €2.1m on 31-12-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

60.2%

Higher than 71% of 1,142 companies in 2025.

1.62

Higher than 62% of 1,110 companies in 2025.

0.1%

Higher than 33% of 1,130 companies in 2025.

ABSORB Middle half of the sector 80% of the sector Abbreviated accounts in rental and leasing (NACE 77)

Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: top quarter

Staff

€46,613

Staff costs divided by the average number of full-time equivalents.

level

people who joined people who left

In 2025, 24 people joined and 24 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	2.1m	2.3m	2.4m	2.4m	2.2m	2.1m	2.5m	2.4m	2.6m	2.4m	2.5m	2.3m	2.2m	2.1m	1.9m	1.5m	1.3m	1.1m	1.1m	748,929
`21/28`	815,047	919,902	1.0m	1.1m	884,970	885,144	940,987	1.0m	1.2m	1.0m	1.1m	966,131	895,415	968,938	839,157	855,206	717,599	614,403	615,309	332,267
`21`	-	-	-	-	-	-	-	-	-	2,333	4,667	-	-	-	-	-	-	-	-	-
`22/27`	815,047	919,902	1.0m	1.1m	884,970	885,144	940,987	1.0m	1.2m	1.0m	1.1m	966,131	895,415	968,938	839,157	855,206	717,599	614,403	615,309	332,267
`22`	670,133	672,640	668,628	679,765	699,590	720,526	741,461	765,678	773,152	727,022	750,483	663,306	669,777	656,645	596,654	578,216	568,008	482,485	501,527	230,639
`23`	20,577	40,320	54,948	75,328	53,713	53,294	18,233	32,572	57,406	49,850	71,569	68,542	52,822	37,086	28,536	23,618	32,276	65,928	37,554	33,000
`24`	50,799	3,788	3,300	5,034	5,651	13,387	36,775	95,036	187,266	254,995	269,124	234,283	172,816	275,207	213,967	253,372	117,315	65,990	76,228	68,628
`25`	73,539	203,154	286,785	350,781	126,016	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	1.3m	1.4m	1.4m	1.3m	1.3m	1.2m	1.6m	1.4m	1.4m	1.3m	1.4m	1.4m	1.3m	1.2m	1.1m	678,688	613,408	504,740	503,417	416,662
`3`	9,378	13,431	13,802	11,603	9,209	10,676	8,478	3,487	987	1,189	644	389	1,841	1,841	2,041	3,621	3,242	2,990	2,991	3,351
`30/36`	9,378	13,431	13,802	11,603	9,209	10,676	8,478	3,487	987	1,189	644	389	1,841	1,841	2,041	3,621	3,242	2,990	2,991	3,351
`40/41`	1.2m	1.3m	1.4m	1.2m	1.2m	1.2m	1.6m	1.4m	1.4m	1.3m	1.4m	1.4m	1.2m	1.1m	1.0m	672,547	605,400	487,613	472,250	383,978
`40`	310,977	449,318	531,082	689,898	849,988	1.1m	1.5m	1.3m	1.4m	1.3m	1.4m	1.4m	1.1m	1.0m	1.0m	672,547	596,937	487,613	467,516	380,575
`41`	930,765	890,449	835,029	541,711	397,662	104,099	54,237	27,641	25,979	35,116	8,697	4,252	54,591	45,825	-	-	8,463	-	4,734	3,403
`54/58`	18,762	16,453	31,986	27,679	30,408	15,039	14,546	7,546	15,299	9,495	22,039	10,179	8,999	62,255	15,444	2,520	4,766	7,671	28,176	29,333
`490/1`	34,741	29,861	23,572	16,461	4,311	2,592	-	-	-	-	-	-	75,000	4,707	-	-	-	6,466	-	-
Balance sheet: equity and liabilities
`10/49`	2.1m	2.3m	2.4m	2.4m	2.2m	2.1m	2.5m	2.4m	2.6m	2.4m	2.5m	2.3m	2.2m	2.1m	1.9m	1.5m	1.3m	1.1m	1.1m	748,929
`10/15`	1.3m	1.3m	1.3m	1.2m	1.1m	988,450	935,314	1.0m	911,485	844,393	723,486	611,501	548,056	441,527	370,391	317,242	279,437	241,764	240,516	208,635
`10/11`	257,992	257,992	257,992	257,992	257,992	257,992	257,992	257,992	257,992	257,992	257,992	257,992	257,992	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`100`	-	-	-	-	-	-	257,992	257,992	257,992	257,992	257,992	257,992	257,992	18,592	18,592	18,592	18,592	18,592	18,592	18,592
`13`	1.0m	1.0m	1.1m	986,731	795,038	774,824	774,824	774,824	653,493	586,401	356,305	173,184	109,739	249,220	249,220	230,470	211,721	192,970	192,970	177,029
`130/1`	-	-	0	25,799	25,799	25,799	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	25,799	25,799	25,799	25,799	25,799	25,799	25,799	1,859	1,859	1,859	1,859	1,859	1,859	1,859
`1311`	-	-	0	25,799	25,799	25,799	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`132`	-	-	-	-	0	83,092	83,092	83,092	83,092	83,092	83,092	83,092	83,092	83,092	83,092	64,342	45,592	26,842	26,842	10,901
`133`	1.0m	1.0m	1.1m	960,932	769,239	665,933	665,933	665,933	544,602	477,510	247,414	64,293	848	164,269	164,269	164,269	164,270	164,269	164,269	164,269
`14`	-	-	-	-	0	-44,365	-97,502	-	-	-	109,189	180,325	180,325	173,715	102,579	68,180	49,124	30,202	28,954	13,014
`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,500	39,250	39,250	-	-	-	-
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	5,500	39,250	39,250	-	-	-	-
`17/49`	843,410	1.0m	1.1m	1.2m	1.1m	1.1m	1.6m	1.4m	1.7m	1.5m	1.8m	1.7m	1.6m	1.7m	1.5m	1.2m	1.1m	877,379	878,210	540,294
`17`	25,181	70,731	159,041	242,751	89,137	47,127	169,036	302,609	467,583	395,770	330,624	445,567	472,628	510,678	454,141	338,901	364,274	356,657	429,961	162,739
`170/4`	25,181	70,731	159,041	242,751	89,137	47,127	169,036	302,609	467,583	395,770	330,624	445,567	472,628	510,678	454,141	338,901	364,274	356,657	429,961	162,739
`42/48`	803,761	955,831	960,346	898,899	1.0m	1.1m	1.4m	1.1m	1.3m	1.1m	1.4m	1.3m	1.1m	1.1m	1.0m	837,499	662,994	505,861	432,876	364,563
`42`	122,202	173,639	207,546	136,076	100,407	163,592	206,766	199,911	215,509	234,009	215,940	164,830	135,766	159,126	117,114	75,796	75,376	90,366	88,117	52,231
`43`	45,420	60,131	58,568	50,000	102,317	69,822	71,957	46,666	17,172	24,341	23,041	18,414	18,022	27,564	21,801	28,173	31,675	29,272	154	18,505
`430/8`	45,420	60,131	58,568	50,000	102,317	69,822	71,957	46,666	17,172	24,341	23,041	18,414	18,022	27,564	21,801	28,173	31,675	29,272	154	18,505
`44`	183,389	250,052	178,783	114,102	241,577	360,041	321,778	487,096	644,954	540,495	660,751	385,314	407,074	482,280	425,058	339,957	191,440	134,148	87,885	70,743
`440/4`	183,389	250,052	178,783	114,102	241,577	360,041	321,778	487,096	644,954	540,495	660,751	385,314	407,074	482,280	425,058	339,957	191,440	134,148	87,885	70,743
`46`	-	0	5,360	0	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`45`	231,920	236,998	243,507	309,812	279,770	189,505	200,795	226,198	227,972	313,595	332,431	366,691	234,852	161,542	192,966	162,642	168,483	154,520	172,379	170,615
`450/3`	35,105	18,858	48,164	99,105	64,708	61,885	20,883	18,907	15,225	40,955	98,567	213,213	73,598	10,777	60,279	49,874	20,361	24,832	14,060	44,610
`454/9`	196,815	218,140	195,343	210,707	215,062	127,621	179,912	207,292	212,746	272,640	233,864	153,478	161,254	150,765	132,687	112,768	148,122	129,688	158,319	126,005
`47/48`	220,831	235,011	266,581	288,909	298,064	283,990	618,706	113,654	158,594	-	216,816	336,414	331,295	297,142	266,686	230,931	196,020	97,555	84,341	52,469
`492/3`	14,468	19,632	15,388	11,888	12,217	9,718	0	2,800	2,800	2,800	2,800	2,800	2,800	35,862	3,360	1,002	24,302	14,861	15,373	12,992
Income statement
`76A`	-	0	250	25,273	496	-	-	-	-	-	-	9,000	-	-	-	-	-	165	-	-
`9900`	1.8m	1.8m	1.9m	1.9m	1.7m	1.5m	1.5m	1.7m	1.8m	1.9m	1.9m	1.8m	1.6m	1.3m	1.3m	1.1m	1.0m	1.0m	1.1m	1.0m
`62`	1.6m	1.6m	1.6m	1.5m	1.4m	1.3m	1.4m	1.3m	1.4m	1.4m	1.4m	1.3m	1.1m	975,521	980,661	787,322	835,461	864,401	908,209	857,854
`630`	119,275	127,252	130,261	84,228	99,461	107,355	140,115	178,123	188,276	173,817	183,400	172,959	178,133	160,956	140,852	152,425	103,712	96,893	150,699	96,396
`631/4`	2,129	640	20,002	5,350	-6,553	21,050	22,492	17,130	20,498	-	14,871	25,541	-	-	-	-	-	-	522	-
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-5,500	-33,750	-	39,250	-	-	-	-
`640/8`	61,488	84,307	54,766	20,572	29,558	46,556	38,641	20,796	28,690	15,558	30,240	22,743	34,172	46,499	32,613	16,809	11,609	15,233	10,233	12,194
`66A`	2,364	-	-	0	44,400	0	35,867	-	-	-	-	-	-	-	-	-	-	-	-	-
`9901`	8,652	-21,128	110,399	236,578	162,037	86,081	-38,373	201,592	133,131	242,913	333,765	372,594	240,512	159,404	105,284	79,662	91,032	34,394	74,828	52,525
`75/76B`	25,860	24,823	26,847	24,519	3,288	12,697	6,829	1	145	6,515	100	1,644	758	5	3,750	7	334	789	222	10
`75`	25,860	24,823	26,847	24,519	3,288	12,697	6,829	1	145	6,515	100	1,644	758	5	3,750	7	334	789	222	10
`65/66B`	29,571	40,561	38,304	29,043	24,698	45,480	65,849	23,067	33,536	27,802	29,384	51,172	36,961	37,629	29,502	27,501	43,599	29,986	34,284	19,149
`65`	29,571	40,561	38,304	29,043	24,698	45,480	29,982	23,067	33,536	27,802	29,384	51,172	36,961	37,629	29,502	27,501	43,599	29,986	34,284	19,149
`66B`	-	-	-	-	-	0	35,867	-	-	-	-	-	-	-	-	-	-	-	-	-
`9903`	4,941	-36,866	98,942	232,053	140,628	53,298	-97,392	178,527	99,741	221,626	304,481	332,066	204,309	121,780	79,532	52,168	47,767	5,362	40,766	33,386
`67/77`	1,901	4,272	29,307	40,360	76,048	162	109	57,196	32,649	100,719	119,496	116,622	71,180	50,644	26,383	14,362	10,095	4,114	8,885	11,584
`9904`	3,040	-41,138	69,635	191,694	64,579	53,137	-97,502	121,331	67,092	120,907	184,985	215,444	133,129	71,136	53,149	37,806	37,672	1,248	31,881	21,802
`789`	-	-	-	0	83,092	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,750	18,750	18,750	-	15,941	10,901
`9905`	3,040	-41,138	69,635	191,694	147,671	53,137	-97,502	121,331	67,092	120,907	184,985	215,444	133,129	71,136	34,399	19,056	18,922	1,248	15,940	10,901
Appropriation of the result
`9906`	3,040	-41,138	69,635	191,694	103,306	-44,365	-97,502	121,331	67,092	230,096	365,310	395,769	306,844	173,715	102,579	68,180	49,124	30,202	28,954	13,014
`14P`	-	-	-	0	-44,365	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`791/2`	0	41,138	-	-	-	-	-	-	-	-	-	-	163,421	-	-	-	-	-	-	-
`691/2`	3,040	0	69,635	191,694	103,306	-	0	121,331	67,092	230,096	183,121	63,444	23,940	-	-	-	-	-	-	-
`6920`	-	-	-	-	-	-	-	-	-	-	-	-	23,940	-	-	-	-	-	-	-
`6921`	3,040	0	69,635	191,694	103,306	-	0	121,331	67,092	230,096	183,121	63,444	-	-	-	-	-	-	-	-
`694/7`	-	-	-	-	-	-	-	-	-	-	73,000	152,000	266,000	-	-	-	-	-	-	-
`694`	-	-	-	-	-	-	-	-	-	-	73,000	152,000	266,000	-	-	-	-	-	-	-
Social balance sheet
`9087`	33.6	33.7	36.4	36.4	36.4	36.4	37	33.8	37.1	38.7	37.3	35.7	32.5	27.8	27.2	24.8	26.7	29.2	31.7	28.5
Hours worked`1013`	48,052	50,097	51,030	52,209	47,338	47,047	50,830	24,202	54,136	56,839	55,200	52,498	45,884	40,909	38,773	14,996	37,689	41,724	44,320	39,744
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396023.

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	11-08-2026	2026-00396023	PDF
31-12-2024	abbreviated format	31-07-2025	2025-00347840	PDF
31-12-2023	abbreviated format	30-07-2024	2024-00302533	PDF
31-12-2022	abbreviated format	10-10-2023	2023-00480152	PDF
31-12-2021	abbreviated format	18-10-2022	2022-20469032	PDF
31-12-2020	abbreviated format	30-09-2021	2021-70100176	PDF
31-12-2019	abbreviated format	05-11-2020	2020-68900018	PDF
31-12-2018	abbreviated format	24-09-2019	2019-66100364	PDF
31-12-2017	abbreviated format	28-09-2018	2018-66000449	PDF
31-12-2016	abbreviated format	28-08-2017	2017-53100158	PDF
31-12-2015	abbreviated format	26-08-2016	2016-48200358	PDF
31-12-2014	abbreviated format	31-08-2015	2015-54500469	PDF
31-12-2013	abbreviated format	30-09-2014	2014-60900232	PDF
31-12-2012	abbreviated format	28-08-2013	2013-47400391	PDF
31-12-2011	abbreviated format	21-09-2012	2012-56900023	PDF
31-12-2010	abbreviated format	28-07-2011	2011-33900584	PDF
31-12-2009	abbreviated format	30-07-2010	2010-36100300	PDF
31-12-2008	abbreviated format	27-08-2009	2009-63700011	PDF
31-12-2007	abbreviated format	25-08-2008	2008-59800240	PDF
31-12-2006	abbreviated format	27-09-2007	2007-73700173	PDF
31-12-2005	abbreviated format	28-07-2006	2006-54703030	PDF
31-12-2004	abbreviated format	29-07-2005	2005-62103330	PDF
31-12-2003	abbreviated format	28-07-2004	2004-53001902	PDF
31-12-2002	abbreviated format	23-07-2003	2003-48805237	PDF
31-12-2001	abbreviated format	18-07-2002	2002-39502255	PDF
31-12-2000	abbreviated format	27-07-2001	2001-44404635	PDF
31-12-1999	abbreviated format	28-07-2000	2000-47800254	PDF
31-12-1998	abbreviated format	29-07-1999	1999-37303510	PDF
31-12-1997	abbreviated format	04-11-1998	1998-55801909	PDF
31-12-1996	abbreviated format	20-08-1997	1997-38205218	PDF
31-12-1995	abbreviated format	19-08-1996	1996-40304563	PDF
31-12-1994	abbreviated format	08-11-1995	1995-56302067	PDF
31-12-1993	abbreviated format	05-09-1994	1994-38303186	PDF
31-12-1992	abbreviated format	09-11-1993	1993-42500316	PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €3,489 awarded, €2,739 paid

Subsidies ecologisch en veilig transport (discontinued)

€2,739

Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet

€750

Year	Entries	Awarded	Paid
2025	2	€0	€0
2023	1	€750	€0
2022	1	€2,739	€2,739

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
127,927	106,124	240,661	320,806	261,499	193,436	101,741	379,715	321,407	416,731	517,165	545,553	418,645	320,360	246,136	232,087	194,744	131,287	225,527	148,921
122,315	86,114	199,897	275,921	164,041	160,491	42,613	299,454	255,367	294,725	368,385	388,403	311,262	232,092	194,001	190,231	141,384	98,141	182,580	118,198
25,095	33,494	33,014	310,167	143,687	51,513	32,616	14,184	366,500	115,398	313,112	249,675	104,610	290,737	221,089	290,032	206,907	95,987	433,742	28,872
2,308	-15,533	4,307	-2,729	15,369	493	7,000	-7,753	5,804	-12,543	11,859	1,180	-53,256	46,811	12,924	-2,246	-2,905	-20,505	-1,157	-
500,862	443,681	475,126	388,454	269,415	160,152	163,363	289,739	169,444	208,763	-38,933	93,736	128,069	24,629	27,985	-158,811	-49,586	-1,121	70,541	52,099
60.2%	54.9%	53.7%	51.9%	48.4%	46.8%	37.1%	42.8%	34.4%	35.8%	28.9%	26.2%	25.5%	20.8%	19.6%	20.7%	21.0%	21.6%	21.5%	27.9%
1.62	1.46	1.49	1.43	1.26	1.15	1.12	1.27	1.13	1.19	0.97	1.07	1.11	1.02	1.03	0.81	0.93	1.00	1.16	1.14
1.61	1.45	1.48	1.42	1.25	1.14	1.11	1.27	1.13	1.19	0.97	1.07	1.11	1.02	1.03	0.81	0.92	0.99	1.16	1.13
0.66	0.82	0.86	0.93	1.07	1.14	1.70	1.34	1.90	1.79	2.46	2.81	2.92	3.79	4.00	3.71	3.76	3.63	3.65	2.59
0.2%	-3.2%	5.3%	15.4%	6.1%	5.4%	-10.4%	11.7%	7.4%	14.3%	25.6%	35.2%	24.3%	16.1%	14.3%	11.9%	13.5%	0.5%	13.3%	10.4%
0.1%	-1.8%	2.8%	8.0%	3.0%	2.5%	-3.9%	5.0%	2.5%	5.1%	7.4%	9.2%	6.2%	3.4%	2.8%	2.5%	2.8%	0.1%	2.8%	2.9%
4.33	2.62	6.28	11.05	10.59	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	41	44	39	45	42
full-time	12	15	13	15	12
part-time	29	29	26	30	30
in full-time equivalents	31.9	34.3	30.8	34.4	33.4
	33.6	33.7	33.4	35.4	34.2
On a permanent contract	34	37	34	39	37
Joined	24	28	29	28	24
Left	24	22	32	24	25

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€25,095	€33,494	€33,014	€310,167	€143,687
	€119,275	€127,252	€130,261	€84,228	€99,461

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ABSORB

The operating result for 2025 is a profit of €8,652, after a loss of €21,128 in 2024.

Debt's share of the balance-sheet total falls from 45.1% to 39.8%. Equity is higher and debt is lower.

Next steps

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Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency60.2%

Current ratio1.62

Return on assets0.1%

Staff

Staff cost per FTE€46,613

Joined and leftlevel

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €3,489 awarded, €2,739 paid

Key figures and ratios

Social balance sheet

Investments

Insights on ABSORB

Next steps

in €m

in euro

60.2%

1.62

0.1%

€46,613

level