ABUBAKER
ActiveThe file of ABUBAKER contains 2 historical bankruptcy publications and 9 administrative flags, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 22.3% (high). The 2024 annual accounts show equity of €4,066 and a net result of -€3,466. Its solvency ranks better than 36% of 3542 sector peers (fiscal year 2024).
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Signals
This company filed its last 2 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 22.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,206 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €4,456 | €20,651 | ▲ 363% |
| Other operating charges640/8 | - | €579 | - |
| Gross operating margin9900 | €8,843 | €18,245 | ▲ 106% |
| Operating profit (loss)9901 | €4,387 | -€2,985 | ▼ 168% |
| Financial charges65/66B | €371 | €481 | ▲ 29.7% |
| Recurring financial charges65 | €371 | €481 | ▲ 29.7% |
| Profit (loss) for the period before taxes9903 | €4,016 | -€3,466 | ▼ 186% |
| Profit (loss) for the period9904 | €4,016 | -€3,466 | ▼ 186% |
| Profit (loss) for the period to be appropriated9905 | €4,016 | -€3,466 | ▼ 186% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €7,531 | €17,185 | ▲ 128% |
| Fixed assets21/28 | €6,895 | €6,895 | = |
| Tangible fixed assets22/27 | €3,145 | €3,145 | = |
| Plant, machinery and equipment23 | €3,145 | €3,145 | = |
| Financial fixed assets28 | €3,750 | €3,750 | = |
| Current assets29/58 | €636 | €10,290 | ▲ 1,517% |
| Amounts receivable within one year40/41 | - | €9,552 | - |
| Trade receivables40 | - | €9,552 | - |
| Current investments50/53 | €636 | €738 | ▲ 15.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €7,531 | €17,185 | ▲ 128% |
| Equity10/15 | €7,531 | €4,066 | ▼ 46.0% |
| Contributions10/11 | €3,515 | €3,515 | = |
| Profit (loss) carried forward14 | €4,016 | €551 | ▼ 86.3% |
| Amounts payable17/49 | - | €13,119 | - |
| Amounts payable within one year42/48 | - | €13,119 | - |
| Trade debts44 | - | €10,075 | - |
| Suppliers440/4 | - | €10,075 | - |
| Taxes, remuneration and social security45 | - | €3,044 | - |
| Taxes450/3 | - | €3,044 | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,016 | -€3,466 | ▼ 186% |
| Operating cash flow (approximation) | €4,016 | -€3,466 | ▼ 186% |
| Investment in fixed assets (approximation) | - | €0 | - |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0109/00K002 | Flanders | 1,672 m² | 1 · 146 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Arne VERSCHUERE Koning Leopold I straat 8/2,
8500 KORTRIJK |
08-04-2025 → 17-06-2025 |
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.