Summary
ABUFIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €4.4m and a net result of €285,363. Equity is growing by about 5.2% per year across the filed financial years. Its solvency ranks better than 45% of 61 sector peers (NACE 66, financial year 2026). The company has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2026, abbreviated format
In the rankings
#9 oldest company in Knokke-Heist, Finance and insurance sector
Equity
€4.4m▲ 7.0%
2025 · €4.1m
Net result
€285,363▼ 15.2%
2025 · €336,391
Total assets
€7.0m▲ 3.0%
2025 · €6.8m
Solvency
63.0%▲ 2.3pp
2025 · 60.7%
Trend over the years
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result stays negative: a loss of €25,062 in 2026 against €22,983 in 2025; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.03m
2026
Net result€0.3m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€7.0m
2026
Equity€4.4m
2026
Debt€2.5m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4.8m
2026
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)4.1%
2026
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency63.0%
2026
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio5.19
2026
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 66, Activities auxiliary to financial services and insurance 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
Line20192020202120222023202420252026
Operating result-€0.03m--€0.03m▲ 12.2%-€0.02m▲ 44.6%€0.5m-€0.03m€0.1m-€0.02m-€0.03m▼ 9.0%
Net result-€0.1m-€0.04m-€0.1mbelow the sector's middle half€0.7mabove the sector's middle half-€0.3mbelow the sector's middle half-€0.01mbelow the sector's middle half▲ 95.7%€0.3mabove the sector's middle half€0.3m▼ 15.2%
Equity€1.9m-€3.5m▲ 88.1%€3.4mabove the sector's middle half▼ 3.4%€4.0mabove the sector's middle half▲ 19.6%€3.8mabove the sector's middle half▼ 6.8%€3.8mabove the sector's middle half▼ 0.3%€4.1mabove the sector's middle half▲ 8.9%€4.4m▲ 7.0%
Total assets€6.4m-€6.1m▼ 4.0%€6.0mabove the sector's middle half▼ 1.9%€6.8mabove the sector's middle half▲ 12.7%€6.5mabove the sector's middle half▼ 4.1%€6.4mabove the sector's middle half▼ 1.5%€6.8mabove the sector's middle half▲ 5.8%€7.0m▲ 3.0%
Debt€4.5m-€2.6m▼ 42.4%€2.6m▲ 0.1%€2.7m▲ 3.8%€2.7m=€2.6m▼ 3.1%€2.6m▲ 1.3%€2.5m▼ 3.1%
Working capital€2.5m-€4.1m▲ 62.9%€4.0mabove the sector's middle half▼ 3.3%€4.7mabove the sector's middle half▲ 17.4%€4.4mabove the sector's middle half▼ 6.8%€4.3mabove the sector's middle half▼ 2.2%€4.5mabove the sector's middle half▲ 6.5%€4.8m▲ 5.1%
Solvency29.3%-57.3%▲ 28.1pp56.5%within the sector's middle half▼ 0.9pp59.9%within the sector's middle half▲ 3.5pp58.2%within the sector's middle half▼ 1.7pp58.9%within the sector's middle half▲ 0.7pp60.7%within the sector's middle half▲ 1.8pp63.0%▲ 2.3pp
Current ratio1.97-6.21▲ 4.245.75above the sector's middle half▼ 0.465.88above the sector's middle half▲ 0.125.26above the sector's middle half▼ 0.625.06above the sector's middle half▼ 0.204.93above the sector's middle half▼ 0.135.19▲ 0.25
Return on assets (ROA)-1.7%-0.7%▲ 2.3pp-2.0%below the sector's middle half▼ 2.7pp9.8%within the sector's middle half▲ 11.8pp-4.3%below the sector's middle half▼ 14.1pp-0.2%below the sector's middle half▲ 4.1pp5.0%within the sector's middle half▲ 5.2pp4.1%▼ 0.9pp
above
within
below
the middle half of NACE 66, Activities auxiliary to financial services and insurance 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
2026 in colour, 2025 as the grey bar beneath
Assets €7.0m
Fixed assets
€1.0m ▼ 1.5%
Current assets
€5.9m ▲ 3.8%
Equity and liabilities €7.0m
Equity
€4.4m ▲ 7.0%
Provisions
€23,461 ▼ 5.8%
Debt
€2.5m ▼ 3.1%
Debt's share of the balance-sheet total falls from 38.9% to 36.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
6.5%▼
2025 · 8.2%
Debt ≤ 1 year
€1.1m▼
2025 · €1.2m
Debt > 1 year
€1.3m▼
2025 · €1.3m
Income taxes
€47,090▼
2025 · €89,457
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €497,161 | - | €152,033 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50,222 | €42,626 | €32,386 | €20,330 | €19,543 | €18,352 | €16,616 | €17,127 | ▲ 3.1% |
| Other operating charges640/8 | - | - | - | €16,821 | €16,065 | €16,458 | €17,290 | €17,629 | ▲ 2.0% |
| Gross operating margin9900 | €37,784 | €28,520 | €25,401 | €507,370 | €8,445 | €155,893 | €10,923 | €9,695 | ▼ 11.2% |
| Operating profit (loss)9901 | -€31,040 | -€27,258 | -€15,108 | €470,219 | -€27,163 | €121,082 | -€22,983 | -€25,062 | ▼ 9.0% |
| Financial income75/76B | - | - | - | €255,904 | €253,076 | €301,457 | €407,530 | €275,740 | ▼ 32.3% |
| Recurring financial income75 | €246,147 | €242,634 | €143,400 | €255,904 | €253,076 | €301,457 | €407,530 | €275,740 | ▼ 32.3% |
| Financial charges65/66B | - | - | - | €59,339 | €492,429 | €395,359 | -€39,864 | -€80,339 | ▼ 102% |
| Recurring financial charges65 | €315,984 | €167,706 | €244,166 | €59,339 | €491,170 | €395,359 | -€39,864 | -€80,339 | ▼ 102% |
| Non-recurring financial charges66B | - | - | - | - | €1,260 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€100,878 | €47,670 | -€115,873 | €666,784 | -€266,517 | €27,180 | €424,412 | €331,017 | ▼ 22.0% |
| Transfer from deferred taxes780 | - | - | - | €1,436 | €1,436 | €1,436 | €1,436 | €1,436 | = |
| Income taxes67/77 | €5,843 | €7,959 | €4,871 | €4,747 | €10,521 | €40,541 | €89,457 | €47,090 | ▼ 47.4% |
| Profit (loss) for the period9904 | -€105,284 | €41,147 | -€119,307 | €663,473 | -€275,601 | -€11,924 | €336,391 | €285,363 | ▼ 15.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €2,790 | €2,790 | €2,790 | €2,790 | €2,790 | = |
| Profit (loss) for the period to be appropriated9905 | -€102,495 | €43,936 | -€116,518 | €666,263 | -€272,811 | -€9,135 | €339,180 | €288,153 | ▼ 15.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €6.4m | €6.1m | €6.0m | €6.8m | €6.5m | €6.4m | €6.8m | €7.0m | ▲ 3.0% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 1.5% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €1.0m | €1.0m | €0.9m | €0.9m | €0.9m | €0.9m | ▼ 1.7% |
| Land and buildings22 | - | - | - | €1.0m | €0.9m | €0.9m | €0.9m | €0.9m | ▼ 1.8% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €496 | - | - | €0.001m | - |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | - | - | - | - |
| Financial fixed assets28 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €5.1m | €4.9m | €4.8m | €5.6m | €5.4m | €5.3m | €5.7m | €5.9m | ▲ 3.8% |
| Amounts receivable within one year40/41 | €0.06m | €0.04m | €0.07m | €0.03m | €0.04m | €0.02m | €0.006m | €0.01m | ▲ 94.5% |
| Trade receivables40 | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Other amounts receivable41 | - | - | - | €0.03m | €0.04m | €0.02m | €0.005m | €0.01m | ▲ 109% |
| Current investments50/53 | €4.4m | €4.4m | €4.3m | €5.2m | €5.1m | €5.0m | €5.4m | €5.7m | ▲ 6.1% |
| Cash at bank and in hand54/58 | €0.7m | €0.4m | €0.4m | €0.4m | €0.2m | €0.3m | €0.3m | €0.2m | ▼ 41.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.006m | €0.006m | €0.008m | €0.008m | €0.006m | ▼ 26.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €6.4m | €6.1m | €6.0m | €6.8m | €6.5m | €6.4m | €6.8m | €7.0m | ▲ 3.0% |
| Equity10/15 | €1.9m | €3.5m | €3.4m | €4.0m | €3.8m | €3.8m | €4.1m | €4.4m | ▲ 7.0% |
| Contributions10/11 | €2.0m | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | = |
| Capital10 | - | - | - | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | = |
| Issued capital100 | - | - | - | €3.6m | €3.6m | €3.6m | €3.6m | €3.6m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 4.2% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 9.7% |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.2m | ▲ 9.7% |
| Tax-exempt reserves132 | - | - | - | €0.06m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 5.8% |
| Distributable reserves133 | - | - | - | €0.09m | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Profit (loss) carried forward14 | -€0.4m | -€0.4m | -€0.5m | €0.2m | -€0.1m | -€0.1m | €0.2m | €0.5m | ▲ 134% |
| Provisions and deferred taxes16 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.02m | €0.02m | ▼ 5.8% |
| Deferred taxes168 | - | - | - | €0.03m | €0.03m | €0.03m | €0.02m | €0.02m | ▼ 5.8% |
| Amounts payable17/49 | €4.5m | €2.6m | €2.6m | €2.7m | €2.7m | €2.6m | €2.6m | €2.5m | ▼ 3.1% |
| Amounts payable after more than one year17 | €1.9m | €1.7m | €1.7m | €1.6m | €1.5m | €1.5m | €1.3m | €1.3m | ▼ 3.8% |
| Financial debts170/4 | - | - | - | €1.6m | €1.5m | €1.5m | €1.3m | €1.3m | ▼ 3.8% |
| Amounts payable within one year42/48 | €2.6m | €0.8m | €0.8m | €1.0m | €1.0m | €1.1m | €1.2m | €1.1m | ▼ 1.2% |
| Financial debts43 | - | - | - | €1.0m | €1.0m | €1.0m | €1.1m | €1.1m | ▲ 2.0% |
| Other loans439 | - | - | - | €1.0m | €1.0m | €1.0m | €1.1m | €1.1m | ▲ 2.0% |
| Trade debts44 | €0.003m | €0.001m | €0.001m | €0.001m | €0.004m | €0.002m | €0.002m | €166 | ▼ 91.3% |
| Suppliers440/4 | - | - | - | €0.001m | €0.004m | €0.002m | €0.002m | €166 | ▼ 91.3% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.03m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | - | - | - | €0.03m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.002m | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | ▼ 11.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€105,284 | €41,147 | -€119,307 | €663,473 | -€275,601 | -€11,924 | €336,391 | €285,363 | ▼ 15.2% |
| + Depreciation and write-downs630 | €50,222 | €42,626 | €32,386 | €20,330 | €19,543 | €18,352 | €16,616 | €17,127 | ▲ 3.1% |
| Operating cash flow (approximation) | -€55,063 | €83,773 | -€86,921 | €683,803 | -€256,057 | €6,428 | €353,007 | €302,490 | ▼ 14.3% |
| Investment in fixed assets (approximation) | - | -€6,198 | -€5,017 | €35,839 | €4,000 | €7,967 | €0 | -€1,533 | - |
| Change in cash | - | -€244,106 | -€9,119 | -€23,115 | -€158,093 | €5,614 | €25,189 | -€113,162 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 43 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 28-02-2026 | abbreviated format | 23-06-2026 | 2026-00186557 |
| 28-02-2025 | micro format | 26-06-2025 | 2025-00185258 |
| 29-02-2024 | micro format | 18-06-2024 | 2024-00136498 |
| 28-02-2023 | micro format | 13-06-2023 | 2023-00121995 |
| 28-02-2022 | full format | 27-06-2022 | 2022-20140415 |
| 28-02-2021 | full format | 28-06-2021 | 2021-25600461 |
| 29-02-2020 | full format | 01-07-2020 | 2020-24100420 |
| 28-02-2019 | micro format | 13-05-2019 | 2019-12900240 |
| 28-02-2018 | full format | 04-05-2018 | 2018-12100458 |
| 28-02-2017 | full format | 16-05-2017 | 2017-12200233 |
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Of the 1,472 active companies whose main activity is other activities auxiliary to financial services, excluding insurance and pension funding (NACE 66199), figures are known for 926. 303 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.