ABTS ERIC
ActiveSummary
ABTS ERIC has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €715k and a net result of €161k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 6.95 against 4.66 in 2023; short-term debt: 12.5% and cash: 7.2% of total assets), and 14.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
85.1%
Return on assets
19.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
56 d early
2022
38 d early
2021
37 d early
2020
40 d early
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€715k▲ 15.2%
2023 · €620k
2018: €470k
2019: €472k▲ +0.6% vs 2018
2020: €462k▼ -2.1% vs 2019lowest in 7 years
2021: €502k▲ +8.7% vs 2020
2022: €590k▲ +17.6% vs 2021
2023: €620k▲ +5.1% vs 2022
2024: €715k▲ +15.2% vs 2023highest in 7 years
2018 → 2024
Total assets
€840k▲ 3.5%
2023 · €812k
2018: €651k
2019: €595k▼ -8.6% vs 2018lowest in 7 years
2020: €622k▲ +4.5% vs 2019
2021: €684k▲ +9.8% vs 2020
2022: €838k▲ +22.6% vs 2021
2023: €812k▼ -3.1% vs 2022
2024: €840k▲ +3.5% vs 2023highest in 7 years
2018 → 2024
Net result
€161k▲ 19.0%
2023 · €135k
2018: €85k
2019: €67k▼ -21.6% vs 2018lowest in 7 years
2020: €107k▲ +61.0% vs 2019
2021: €117k▲ +9.5% vs 2020
2022: €173k▲ +47.5% vs 2021highest in 7 years
2023: €135k▼ -21.9% vs 2022
2024: €161k▲ +19.0% vs 2023
2018 → 2024
Working capital
€624k▲ 18.7%
2023 · €526k
2018: €310klowest in 7 years
2019: €317k▲ +2.2% vs 2018
2020: €395k▲ +24.4% vs 2019
2021: €402k▲ +1.7% vs 2020
2022: €484k▲ +20.5% vs 2021
2023: €526k▲ +8.7% vs 2022
2024: €624k▲ +18.7% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€462k-€502k▲ 8.7%€590k▲ 17.6%€620k▲ 5.1%€715k▲ 15.2%
2020: €462klowest in 5 years
2021: €502k▲ +8.7% vs 2020
2022: €590k▲ +17.6% vs 2021
2023: €620k▲ +5.1% vs 2022
2024: €715k▲ +15.2% vs 2023highest in 5 years
Operating result€144k-€149k▲ 3.5%€238k▲ 59.8%€180k▼ 24.3%€223k▲ 23.9%
2020: €144klowest in 5 years
2021: €149k▲ +3.5% vs 2020
2022: €238k▲ +59.8% vs 2021highest in 5 years
2023: €180k▼ -24.3% vs 2022
2024: €223k▲ +23.9% vs 2023
Net result€107k-€117k▲ 9.5%€173k▲ 47.5%€135k▼ 21.9%€161k▲ 19.0%
2020: €107klowest in 5 years
2021: €117k▲ +9.5% vs 2020
2022: €173k▲ +47.5% vs 2021highest in 5 years
2023: €135k▼ -21.9% vs 2022
2024: €161k▲ +19.0% vs 2023
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 recovers in 2024; 2024 is 24% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €840k
Fixed assets
€111k ▼ 22.0%
Current assets
€729k ▲ 8.9%
Equity and liabilities €840k
Equity
€715k ▲ 15.2%
Debt
€125k ▼ 34.6%
Debt's share of the balance-sheet total falls from 23.6% to 14.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€273k▲
2023 · €228k
Cash flow
€211k▲
2023 · €183k
Current ratio
6.95▲
2023 · 4.66
Quick ratio
6.82▲
2023 · 4.49
Debt to equity
0.18▼
2023 · 0.31
ROE
22.5%▲
2023 · 21.8%
ROA
19.2%▲
2023 · 16.7%
Interest coverage
150.31▲
2023 · 143.41
Debt ≤ 1 year
€105k▼
2023 · €144k
Debt > 1 year
€20k▼
2023 · €48k
Income taxes
€70k▲
2023 · €58k
Staff costs
€64k▲
2023 · €60k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€812k€840k▲
Fixed assets21/28€143k€111k▼
Tangible fixed assets22/27€142k€111k▼
Land and buildings22€45k€40k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€92k€65k▼
Financial fixed assets28€140€140=
Current assets29/58€670k€729k▲
Stocks and contracts in progress3€24k€14k▼
Stocks30/36€24k€14k▼
Amounts receivable within one year40/41€23k€27k▲
Trade receivables40€12k€26k▲
Other amounts receivable41€11k€1k▼
Current investments50/53€535k€628k▲
Cash at bank and in hand54/58€88k€61k▼
Equity and liabilities
Total equity and liabilities10/49€812k€840k▲
Equity10/15€620k€715k▲
Contributions10/11€19k€19k=
Reserves13€602k€696k▲
Distributable reserves133€602k€696k▲
Amounts payable17/49€192k€125k▼
Amounts payable after more than one year17€48k€20k▼
Financial debts170/4€48k€20k▼
Amounts payable within one year42/48€144k€105k▼
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€8k€7k▼
Other amounts payable47/48€102k€65k▼
Income statement
Code20232024
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€60k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€50k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€171-
Gross operating margin9900€290k€340k▲
Operating profit (loss)9901€180k€223k▲
Financial income75/76B€14k€10k▼
Recurring financial income75€14k€10k▼
Non-recurring financial income76B-€413
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€193k€231k▲
Income taxes67/77€58k€70k▲
Profit (loss) for the period9904€135k€161k▲
Profit (loss) for the period to be appropriated9905€135k€161k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€161k▲
Transfer from equity791/2€105k€67k▼
Transfer to equity691/2€135k€161k▲
To other reserves6921€135k€161k▲
Profit to be distributed694/7€105k€67k▼
Return on contributions (dividend)694€105k€67k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €22k | - | €10k | - | - |
| Remuneration, social security and pensions62 | - | €75k | €97k | €60k | €64k | ▲ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €28k | €48k | €48k | €50k | ▲ 3.4% |
| Other operating charges640/8 | - | €3k | €2k | €2k | €3k | ▲ 30.3% |
| Non-recurring operating charges66A | - | - | - | €171 | - | - |
| Gross operating margin9900 | €223k | €255k | €385k | €290k | €340k | ▲ 17.1% |
| Operating profit (loss)9901 | €144k | €149k | €238k | €180k | €223k | ▲ 23.9% |
| Financial income75/76B | - | €11k | €13k | €14k | €10k | ▼ 31.0% |
| Recurring financial income75 | €10k | €11k | €13k | €14k | €10k | ▼ 33.8% |
| Non-recurring financial income76B | - | - | - | - | €413 | - |
| Financial charges65/66B | - | €2k | €6k | €2k | €2k | ▲ 14.1% |
| Recurring financial charges65 | €2k | €2k | €6k | €2k | €2k | ▲ 14.1% |
| Profit (loss) for the period before taxes9903 | €152k | €158k | €244k | €193k | €231k | ▲ 19.8% |
| Income taxes67/77 | €45k | €40k | €71k | €58k | €70k | ▲ 21.8% |
| Profit (loss) for the period9904 | €107k | €117k | €173k | €135k | €161k | ▲ 19.0% |
| Profit (loss) for the period to be appropriated9905 | €107k | €117k | €173k | €135k | €161k | ▲ 19.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €622k | €684k | €838k | €812k | €840k | ▲ 3.5% |
| Fixed assets21/28 | €74k | €162k | €182k | €143k | €111k | ▼ 22.0% |
| Tangible fixed assets22/27 | €74k | €162k | €181k | €142k | €111k | ▼ 22.0% |
| Land and buildings22 | - | €52k | €44k | €45k | €40k | ▼ 10.3% |
| Plant, machinery and equipment23 | - | €12k | €10k | €5k | €6k | ▲ 3.5% |
| Furniture and vehicles24 | - | €98k | €127k | €92k | €65k | ▼ 29.2% |
| Financial fixed assets28 | €140 | €140 | €140 | €140 | €140 | = |
| Current assets29/58 | €549k | €522k | €656k | €670k | €729k | ▲ 8.9% |
| Stocks and contracts in progress3 | €13k | €18k | €17k | €24k | €14k | ▼ 41.1% |
| Stocks30/36 | - | €18k | €17k | €24k | €14k | ▼ 41.1% |
| Amounts receivable within one year40/41 | €11k | €20k | €84k | €23k | €27k | ▲ 16.1% |
| Trade receivables40 | - | €12k | €84k | €12k | €26k | ▲ 113% |
| Other amounts receivable41 | - | €8k | €378 | €11k | €1k | ▼ 89.8% |
| Current investments50/53 | €384k | €286k | €481k | €535k | €628k | ▲ 17.4% |
| Cash at bank and in hand54/58 | €141k | €198k | €71k | €88k | €61k | ▼ 31.3% |
| Deferred charges and accrued income490/1 | - | - | €4k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €622k | €684k | €838k | €812k | €840k | ▲ 3.5% |
| Equity10/15 | €462k | €502k | €590k | €620k | €715k | ▲ 15.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €444k | €484k | €572k | €602k | €696k | ▲ 15.7% |
| Non-distributable reserves130/1 | - | €21k | €21k | - | - | - |
| Reserves not available under the articles1311 | - | €21k | €21k | - | - | - |
| Distributable reserves133 | - | €462k | €550k | €602k | €696k | ▲ 15.7% |
| Amounts payable17/49 | €160k | €181k | €248k | €192k | €125k | ▼ 34.6% |
| Amounts payable after more than one year17 | €6k | €61k | €75k | €48k | €20k | ▼ 57.3% |
| Financial debts170/4 | - | €61k | €75k | €48k | €20k | ▼ 57.3% |
| Amounts payable within one year42/48 | €154k | €120k | €173k | €144k | €105k | ▼ 27.0% |
| Current portion of amounts payable after more than one year42 | - | €23k | €36k | €27k | €27k | ▲ 1.0% |
| Trade debts44 | €8k | €17 | €5k | €6k | €5k | ▼ 11.4% |
| Suppliers440/4 | - | €17 | €5k | €6k | €5k | ▼ 11.4% |
| Taxes, remuneration and social security45 | - | €15k | €40k | €8k | €7k | ▼ 13.6% |
| Taxes450/3 | - | €9k | €40k | €8k | €7k | ▼ 13.6% |
| Remuneration and social security454/9 | - | €5k | - | - | - | - |
| Other amounts payable47/48 | - | €82k | €92k | €102k | €65k | ▼ 36.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107k | €117k | €173k | €135k | €161k | ▲ 19.0% |
| + Depreciation and write-downs630 | €20k | €28k | €48k | €48k | €50k | ▲ 3.4% |
| Operating cash flow (approximation) | €127k | €146k | €221k | €183k | €211k | ▲ 14.9% |
| Investment in fixed assets (approximation) | - | €-116k | €-68k | €-9k | €-18k | ▼ 105% |
| Change in cash | - | €57k | €-127k | €18k | €-28k | ▼ 257% |
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
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €173k ▲47.5%
Operating result €238k, net result €173k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €502k ▲8.7%
4 profitable years in a row build equity to €502k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €67k ▼21.6%
Net result drops to €67k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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.
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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, Bierbeek · 1 establishment unit since 2008
Ground area
492 m²
Building footprint
96 m²
Volume, LiDAR
527 m³
Parcel 24713D0047/00L000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Abts Eric
since 20082.168.992.056
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24713D0047/00L000 | Flanders | 492 m² | 1 · 96 m² | 7.6 m · 2 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 to 2025 · 3 entries · 368 EUR awarded · 368 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 108 EUR | 108 EUR |
| 2023 | 1 | 188 EUR | 260 EUR |
| 2022 | 1 | 72 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500T1XLIZLNGUQ385
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Of 9,528 companies in sector 43222 we hold annual accounts for 5,663. 3,574 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
Founded05-02-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Scores and ratios are computed by Checked and are not a credit decision.