ABSS Construction
ActiveSummary
The computed 12-month bankruptcy probability of ABSS Construction is 1.9% (moderate). The 2025 annual accounts show equity of €126,025 and a net result of €56,365. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 7586 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability56▲+18
Solvency47▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.0 in 2024; short-term debt: 78.2% of total assets), and 78.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.8%
Return on assets
9.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
22 d early
2024
57 d late
2023
34 d early
2022
12 d early
2021
17 d early
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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. Usually files around 14 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check 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 Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€126,025▲ 80.9%
2024 · €69,660
Total assets
€578,765▼ 21.6%
2024 · €738,404
Net result
€56,365▲ 4,682%
2024 · €1,179
Working capital
€64,328▲ 3,529%
2024 · €1,773
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€134,533▲ 344%€76,274▼ 43.3%€122,344▲ 60.4%€26,923▼ 78.0%€94,295▲ 250%
Net result€92,039above the sector's middle half▲ 204%€41,382above the sector's middle half▼ 55.0%€76,076above the sector's middle half▲ 83.8%€1,179within the sector's middle half▼ 98.5%€56,365above the sector's middle half▲ 4,682%
Equity€68,523within the sector's middle half▲ 68.5%€72,404within the sector's middle half▲ 5.7%€68,481within the sector's middle half▼ 5.4%€69,660within the sector's middle half▲ 1.7%€126,025above the sector's middle half▲ 80.9%
Total assets€192,840within the sector's middle half▲ 121%€283,599within the sector's middle half▲ 47.1%€389,285above the sector's middle half▲ 37.3%€738,404above the sector's middle half▲ 89.7%€578,765above the sector's middle half▼ 21.6%
Debt€124,317▲ 167%€211,194▲ 69.9%€320,804▲ 51.9%€668,745▲ 108%€452,741▼ 32.3%
Working capital€65,811within the sector's middle half▲ 61.9%€67,597within the sector's middle half▲ 2.7%€58,459within the sector's middle half▼ 13.5%€1,773below the sector's middle half▼ 97.0%€64,328within the sector's middle half▲ 3,529%
Solvency35.5%within the sector's middle half▼ 11.0pp25.5%within the sector's middle half▼ 10.0pp17.6%within the sector's middle half▼ 7.9pp9.4%below the sector's middle half▼ 8.2pp21.8%within the sector's middle half▲ 12.3pp
Current ratio1.56within the sector's middle half▼ 0.311.33within the sector's middle half▼ 0.231.18within the sector's middle half▼ 0.141.00below the sector's middle half▼ 0.181.14within the sector's middle half▲ 0.14
Return on assets (ROA)47.7%above the sector's middle half▲ 13.1pp14.6%within the sector's middle half▼ 33.1pp19.5%above the sector's middle half▲ 5.0pp0.2%within the sector's middle half▼ 19.4pp9.7%within the sector's middle half▲ 9.6pp
Staff (FTE)34▲ 33.3%4=4=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 250% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €578,765
Fixed assets
€61,696 ▼ 10.7%
Current assets
€517,069 ▼ 22.7%
Equity and liabilities €578,765
Equity
€126,025 ▲ 80.9%
Debt
€452,741 ▼ 32.3%
Debt's share of the balance-sheet total falls from 90.6% to 78.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101,696
Cash flow
€63,766
Quick ratio
0.92▲
2024 · 0.87
Debt to equity
3.59▼
2024 · 9.60
ROE
44.7%▲
2024 · 1.7%
Interest coverage
3.01
Debt ≤ 1 year
€452,741▼
2024 · €667,535
Income taxes
€5,311▲
2024 · €1,248
Staff costs
€138,446▼
2024 · €172,768
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 6,713 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5,588 | - | - | - | - |
| Remuneration, social security and pensions62 | €18,826 | €73,704 | €182,620 | €172,768 | €138,446 | ▼ 19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €401 | €2,387 | €5,783 | - | €7,401 | - |
| Other operating charges640/8 | €776 | €3,630 | €4,098 | €1,406 | €1,136 | ▼ 19.2% |
| Non-recurring operating charges66A | - | €3,441 | - | - | - | - |
| Gross operating margin9900 | €154,536 | €159,436 | €314,844 | €201,097 | €241,278 | ▲ 20.0% |
| Operating profit (loss)9901 | €134,533 | €76,274 | €122,344 | €26,923 | €94,295 | ▲ 250% |
| Financial income75/76B | €825 | €9,849 | €18,754 | €9,244 | €1,208 | ▼ 86.9% |
| Recurring financial income75 | €825 | €9,849 | €18,754 | €9,244 | €1,208 | ▼ 86.9% |
| Financial charges65/66B | €15,946 | €20,519 | €42,262 | €33,741 | €33,828 | ▲ 0.3% |
| Recurring financial charges65 | €15,946 | €20,519 | €42,262 | €33,741 | €33,828 | ▲ 0.3% |
| Profit (loss) for the period before taxes9903 | €119,412 | €65,604 | €98,835 | €2,427 | €61,676 | ▲ 2,441% |
| Income taxes67/77 | €27,373 | €24,222 | €22,758 | €1,248 | €5,311 | ▲ 326% |
| Profit (loss) for the period9904 | €92,039 | €41,382 | €76,076 | €1,179 | €56,365 | ▲ 4,682% |
| Profit (loss) for the period to be appropriated9905 | €92,039 | €41,382 | €76,076 | €1,179 | €56,365 | ▲ 4,682% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €192,840 | €283,599 | €389,285 | €738,404 | €578,765 | ▼ 21.6% |
| Fixed assets21/28 | €9,147 | €8,060 | €13,801 | €69,097 | €61,696 | ▼ 10.7% |
| Tangible fixed assets22/27 | €9,147 | €6,760 | €11,166 | €66,462 | €59,061 | ▼ 11.1% |
| Plant, machinery and equipment23 | - | - | - | €1,443 | €962 | ▼ 33.3% |
| Furniture and vehicles24 | €9,147 | €6,760 | €11,166 | €65,019 | €58,099 | ▼ 10.6% |
| Financial fixed assets28 | - | €1,300 | €2,635 | €2,635 | €2,635 | = |
| Current assets29/58 | €183,693 | €275,538 | €375,484 | €669,307 | €517,069 | ▼ 22.7% |
| Stocks and contracts in progress3 | €149 | €11,419 | €21,828 | €89,281 | €98,759 | ▲ 10.6% |
| Stocks30/36 | €149 | €11,419 | €21,828 | €89,281 | €98,759 | ▲ 10.6% |
| Amounts receivable within one year40/41 | €160,605 | €147,261 | €335,649 | €556,707 | €404,341 | ▼ 27.4% |
| Trade receivables40 | €143,649 | €147,261 | €285,519 | €504,031 | €404,341 | ▼ 19.8% |
| Other amounts receivable41 | €16,955 | - | €50,130 | €52,676 | - | - |
| Cash at bank and in hand54/58 | €21,903 | €113,167 | €10,783 | €10,173 | - | - |
| Deferred charges and accrued income490/1 | €1,037 | €3,691 | €7,225 | €13,147 | €13,969 | ▲ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €192,840 | €283,599 | €389,285 | €738,404 | €578,765 | ▼ 21.6% |
| Equity10/15 | €68,523 | €72,404 | €68,481 | €69,660 | €126,025 | ▲ 80.9% |
| Contributions10/11 | €12,000 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Profit (loss) carried forward14 | €56,523 | €60,404 | €56,481 | €57,660 | €114,025 | ▲ 97.8% |
| Amounts payable17/49 | €124,317 | €211,194 | €320,804 | €668,745 | €452,741 | ▼ 32.3% |
| Amounts payable after more than one year17 | €6,435 | €3,253 | €3,779 | €1,210 | - | - |
| Financial debts170/4 | €6,435 | €3,253 | €3,779 | €1,210 | - | - |
| Amounts payable within one year42/48 | €117,882 | €207,941 | €317,025 | €667,535 | €452,741 | ▼ 32.2% |
| Current portion of amounts payable after more than one year42 | €2,856 | €3,878 | €5,916 | €127,569 | €125,836 | ▼ 1.4% |
| Financial debts43 | - | - | - | - | €29,483 | - |
| Other loans439 | - | - | - | - | €29,483 | - |
| Trade debts44 | €69,996 | €194,327 | €236,977 | €485,911 | €263,221 | ▼ 45.8% |
| Suppliers440/4 | €69,996 | €194,327 | €236,977 | €485,911 | €263,221 | ▼ 45.8% |
| Taxes, remuneration and social security45 | €44,530 | €8,765 | €50,587 | €53,819 | €18,103 | ▼ 66.4% |
| Taxes450/3 | €44,530 | €5,209 | €42,791 | €49,238 | €4,466 | ▼ 90.9% |
| Remuneration and social security454/9 | - | €3,557 | €7,796 | €4,580 | €13,637 | ▲ 198% |
| Other amounts payable47/48 | €500 | €972 | €23,545 | €236 | €16,097 | ▲ 6,723% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92,039 | €41,382 | €76,076 | €1,179 | €56,365 | ▲ 4,682% |
| + Depreciation and write-downs630 | €401 | €2,387 | €5,783 | - | €7,401 | - |
| Operating cash flow (approximation) | €92,440 | €43,768 | €81,859 | €1,179 | €63,766 | ▲ 5,309% |
| Investment in fixed assets (approximation) | - | -€1,300 | -€11,524 | -€55,296 | €0 | ▲ 100% |
| Change in cash | - | €91,265 | -€102,385 | -€610 | - | - |
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100,000Eq €126,025 ▲80.9%
6 profitable years in a row build equity to €126,025.
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Weakest financial yearnet €1,179 ▼98.5%
Net result drops to €1,179, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €92,039 ▲204%
Operating result €134,533, net result €92,039, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Seneffe · 1 establishment unit since 2020
Ground area
1,012 m²
Building footprint
244 m²
Parcel 52003B0364/00N000, Wallonia. Linked by address, not a title deed.
54
companies at this address
See who is registered here
1 establishment unit
ABSS Construction
since 20202.307.720.070
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52003B0364/00N000 | Wallonia | 1,012 m² | 1 · 244 m² | - |
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.
Recognitions · licences · registrations
Recognised contractor
17 categoriesABSS Construction SRL41556
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 12,913 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
Founded15-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0754452043
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.